EN
The Aron Groups
Islamic Account (ECN)
Sharia-Compliant Trading with Full Transparency
Trade confidently in the forex market without worrying about interest (Riba) with the Aron Groups Islamic ECN Account. Designed to eliminate overnight fees and provide transparent ECN conditions, this account offers a unique, fair, and Sharia-compliant trading experience for Muslim traders.
Key Features of the Islamic (ECN) Account
Minimum Deposit
$100
Trading Platforms
MetaTrader 5
Leverage
dynamic
Interest Rate (APR)
No
Commission
yes
Spread
floating
Swap
swap free
Expert Advisor (EA)
yes
Order Execution Type
yes
Margin Call Level
100 % - 60 %
Stop-Out Level
50%
Account Currencies
Dollar
Special Symbols
No
Covered Markets
Domestic Markets and international
Minimum Trade Volume (per symbol)
0.01 lot
Maximum Trade Volume (per symbol)
5 lot
Minimum Volume Increment
0.01 lot
Max Total Open Positions (Lot Size)
50 lot
Max Total Open Positions (USD)
-
What Leverages Can You Use in the Islamic (ECN) Account?
The table below outlines the leverage options available for different asset classes in the Islamic Account:
Forex / Metals / Indices & Commodities
500
Volume
0.01 < Lots ≤ 2
Leverage
250
Volume
2.01 < Lots ≤ 10
Leverage
100
Volume
10.01 < Lots ≤ 100
Leverage
Crypto-Currencies
70
Volume
0.01 < Lots ≤ 2
Leverage
30
Volume
2.01 < Lots ≤ 10
Leverage
10
Volume
10.01 < Lots ≤ 100
Leverage
Start Now!
Experience Sharia-compliant, transparent, and secure trading with the Aron Groups Islamic Account.
Special Symbols
in the Islamic Account!
Commission-Free Trading!
Special symbols are like gift cards, offering exclusive benefits such as commission-free and swap-free trading or reduced costs. However, these benefits are not permanent and may change over time. Staying updated on the latest changes ensures you maximize the advantages of these symbols. This way, you can trade confidently without worrying about additional costs.
According to the latest updates, commissions apply to all symbols in the Islamic (ECN) Account.
Swap-Free Trading!
When you trade special symbols in the Islamic ECN Account, you are exempt from swap fees for a specified period, as detailed in the table below:
Forex
AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY
14 Days
Swap-free period
Indices
NDXXUSD, DJIXUSD, SPXXUSD, DAXEUR
6 Days
Swap-free period
Cryptocurrency
BNBUSD, BRNUSD, BTCUSD, ETHUSD, LTCUSD
3 Days
Swap-free period
Gold
XAUUSD
14 Days
Swap-free period
Other Metals
XAGUSD
6 Days
Swap-free period
Don’t Miss Out on the Exclusive Opportunities with Special Symbols!
Tradable Symbols in the Islamic (ECN) Account
Why Choose the Aron Groups Islamic Account?
Full Transparency
Trade with competitive spreads, appropriate leverage, and no hidden fees
Sharia-Compliant Trading
The Islamic Account offers a secure and faith-aligned experience for Muslim traders
Access to Diverse Markets
Trade a wide range of financial instruments, including forex, commodities, stocks, and more
Exclusive Benefits
Enjoy perks like swap-free trading on special symbols
How to open a live trading account in Arongroups Broker?
Want to explore the unique benefits of the Islamic Account but don’t know how to activate it? Don’t worry! The video below provides a step-by-step guide to opening your live account with Aron Groups Broker.
FAQ
-
Is the Islamic Account only available for Muslims?
-
No, the Islamic Account is not limited to Muslims. It is available to anyone who wishes to trade under swap-free conditions.
-
Can I hold long-term trades in the Islamic Account?
-
Yes, you can hold long-term trades. However, for non-special symbols, swap fees will apply once the swap-free period ends. Additionally, holding trades long-term involves inherent market volatility risks, which should be considered.
-
Can I open another trading account if I already have an Islamic Account?
-
Yes, you can open other accounts like VIP, Standard, or Nano accounts, but you can only have one Islamic Account at a time.
-
How is the swap-free period for special symbols calculated?
-
The swap-free period starts when a trade is opened and lasts for a specified number of calendar days. For example, if the swap-free period is 14 days, no swap fees will be applied during this time. Afterward, standard swap fees will be deducted.
-
Are there restrictions on trading strategies in the Islamic Account?
-
No, there are no specific restrictions on trading strategies. You can use methods like scalping, day trading, or long-term trading as you prefer.
