TRADE ETHICALLY, THRIVE CONFIDENTLY
The IhsanTrade Islamic account is ideal for traders seeking to match their practices with their beliefs. It complies with Islamic finance principles, enabling confident and peaceful trading.
Axon Markets offers a Swap-Free and Interest-Free Islamic account. There are no fees for the initial ten days; afterwards, you only incur a flat management fee. This Islamic account enables you to trade with the assurance of ethical principles.
Everyone is entitled to a fair chance; the same applies to Islamic accounts! You can explore all the exciting profit possibilities like any other trader. It's the ideal choice for your ethical trading journey, ensuring equal footing for all participants.
An Islamic account is the perfect solution for traders seeking alignment with their beliefs. It adheres to rules that harmonise seamlessly with Islamic finance principles, enabling you to trade confidently and tranquillity. Islamic accounts prioritise simplicity and fairness.
Negative balance protection safeguards traders, acting as a barrier against potential debt. In the realm of trading, particularly when engaging with instruments such as forex or CFDs, the possibility exists that your losses may exceed your initial investment.
In this event, negative balance protection comes into play as your steadfast ally. Its primary function is to prevent your account balance from falling below zero, even if your losses surpass the funds initially deposited. Consequently, this mechanism ensures you will not incur debts beyond your initial investment, essentially serving as a robust financial safety net.
At Axon Markets, our paramount concern is your safety and security. Consequently, we offer negative balance protection for your account. While trading carries risks, you can take comfort in knowing that your account will not accumulate a negative balance. This commitment underscores our dedication to responsible and secure trading practices.
The IhsanTrade Islamic account is a unique Islamic Trading account designed to comply fully with Shariah principles. It offers a trading platform that respects the ethical and interest-free guidelines required by Islamic law.
The IhsanTrade Islamic account is available to Muslim individuals in adherence to Shariah principles. Currently, this product is not available to non-Muslim individuals.
The minimum deposit required to start is as low as US$10. For your convenience and a swift deposit process, we offer more than 10 deposit methods.
Aside from the standard spread on each currency pair, there are no additional fees. However, Axon Markets charges a flat storage fee on all trades that remain open for more than ten days (or five days for exotic currency pairs). This fee compensates for the additional risk and costs of holding positions for a longer period.
With this 10-day Swap-Free offer, the IhsanTrade Islamic account is an excellent option for traders who wish to trade without interest fees and adhere to their beliefs. The goal is to provide you with a friendly and ethical trading experience.
There are absolutely no restrictions on the Islamic account!
Creating your IhsanTrade Islamic account is based on the account type you select during the opening process. Just like any other account, you have the flexibility to trade various instruments and enjoy all the benefits of your chosen account type.
Yes! You can hold an IhsanTrade Islamic account and other account types simultaneously. It's important to note that the Islamic account offers a unique swap-free feature specifically for Muslim traders.
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Risk Warning: Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade CFDs, please ensure that you fully understand the risks involved and seek independent advice if necessary. There is a possibility that you may sustain a loss of some or all your investment and therefore you should not invest money that you cannot afford to lose. Please read the full Risk Disclosure.
Axon Markets is a registered brand name of Little Black Diamond Ltd, a company authorised and regulated by the Seychelles Financial Services Authority (FSA) under Securities Dealer’s License number SD115. Registered Address: Attic Suites, Room 1, 3rd Floor, Oliver Maradan Building, Victoria, Mahe, Seychelles. The payment and software services for www.axonmarkets.com are facilitated by HDZ Capital Ltd, a corporation based in Cyprus with registration number HE422545. Registered Address: Kimonos 2, 1st floor, Office 1, 3095, Limassol, Cyprus.
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