With zero interest (Riba) on open positions and seven days grace before administrative fees apply, eToro Islamic accounts ensure your leveraged trading is aligned with Sharia guidelines and principles.
Why Is eToro the Ideal Choice for Your Islamic Account?
Enjoy swap-free trading; this account complies with Sharia law.
Trade over 5,000 instruments across various asset classes.
Your comprehensive guide to smarter investing.
TradingView charts, Economic Calendar, trailing stop-loss, and more.
Invest like eToro’s top investors with our trademark CopyTrader feature.
Open an Islamic account in three easy steps:
Administrative Fees
CFD positions on Islamic accounts, held overnight, will be subject to administrative fees following a set period of seven days. These fees, which differ per CFD instrument, are applied daily to any positions maintained beyond 22:00 GMT. Rest assured, the administrative fee has no connection to interest rates or any credit or charge pertaining to interest. You can read all about them here.
Please note, for Spot Commodity positions, Islamic Accounts, like other accounts on eToro, are subject to spot price adjustment on a daily basis. You can read all about them here.
FAQ
- Does an eToro Islamic Account comply with Sharia law?
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Yes, it is entirely free of interest or Riba charges, in strict compliance with Sharia law.
- What assets am I allowed to trade with an Islamic account?
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You are free to trade all assets available on our platform. eToro has structured the account to ensure that all assets and any potential fees associated with these assets align with Sharia law.
- Does the administrative fee apply to real stocks, ETFs or cryptos?
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No, the administrative fee does not apply to real stocks, ETFs, or cryptos.
- Where can I find the fees associated with my Islamic account?
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For a comprehensive breakdown of fees associated with Islamic accounts, please view our complete fee policy here.
- What is the minimum deposit requirement for an eToro Islamic account?
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The minimum deposit to open an eToro Islamic account is $1,000.