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Islamic trading account

At R1Investing, we employ the latest technology to provide a trading experience that meets the needs of our clients of different backgrounds, religious beliefs, and cultural traditions. For traders of Muslim faith, we have created an Islamic trading account that brings all the services and benefits of a R1Investing account matched with features that allow you to trade freely according to the Shariah law.

Open Account

Islamic account features

No hidden costs or re-quotes

No interest/swap charges on overnight positions

No time limit for holding positions

No spread widening

No upfront comissions

Leverage up to 1:200 (for professional account)

Instant access to over 350 assets

Support from a dedicated account manager

Islamic account benefits

R1Investing clients inspire us to strive for their best interests. We are a tech-powered platform that advances trading conditions for everyone, aiming to serve as a model for a whole industry. We created an Islamic account with no swap or rollover interest on overnight positions, which is against the Muslim faith. This account correlates with the 3 account levels offered at R1Investing – Silver, Gold, and Platinum – each with its own benefits. Please feel free to contact us for more information.

Technical details

Execution model: MT4NDD, MT4NCC, MT4 Fixed, MT4 Cent

Account currency: USD, EUR, GBP

Average execution speed: 0.05

Open Islamic Account

FAQ

How do I open an Islamic trading account?

To create an Islamic trading account, click on ‘Open Islamic account’ button on the R1Investing account page and complete the following quick and easy steps:

Step 1 – Open account

Fill in the following fields:

  • Given name
  • Family name
  • Mobile phone
  • E-mail address
  • Password

Also, you need to accept our Terms and Conditions, Privacy Policy, and Risk Disclosure.

Step 2 – Personal information & questionnaire

  • Home Address
  • City
  • Zip or Postal Code
  • Date of birth

After filling in your personal data, we will ask you to fill in the questionnaire to understand if our services are compatible with your background and experience. For privacy reasons, we would not share your sensitive information.

Step 3 – Documents & deposit

In order to verify your account, you need to submit the following documents:

  • Proof of identity
  • Proof of residence

Afterward, you can make your first deposit via one of the secured payment methods: a credit card, a bank transfer, or an e-wallet. Just fill in all the required information and click "Deposit now".

What types of accounts are available?

There is Silver, Gold, or Platinum retail and professional trading account available at R1Investing

Find out more here

How long does it take to open an account?

The registration takes several minutes. After you have provided all the required information and documents, it will take up to 2 business days to verify your account.

Do I need trading experience to open an account?

Trading CFDs involves significant risks. These are complex financial instruments that may not be suitable for all investors and can result in loss of the invested capital. Be sure not to invest more than you can afford to lose. Before trading, please consider your financial background and experience, or seek financial advice, if necessary.

What is a live account?

This is a trading account where you deposit your real money and trade in real-time. It allows you to enter global markets and invest in CDFs on different assets.

What is a practice account?

Once you are registered, you can access a practice account with $100k of virtual money on your balance. It is designed for practicing your trading skills, polishing your strategies, and testing new techniques. Please, remember that it looks just like a live account. Do not forget to check if you are using the practice account.

How long does my practice account last for?

A practice account is available for 365 days.

Can I extend my practice account period?

Yes. If you need more practice before trading live, you can contact your account manager and ask him about renewing your practice account.

Do I risk any real money on a practice account?

No. You use virtual money when trading on a practice account.

How to switch between real and practice accounts?

In the Client area, you will see both live and practice accounts with respective labels. Once you decide to go live, just click on the "Launch" button of the account with a "Live" label.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
88.9% of our retail investor accounts loses money when trading CFDs.
You should consider whether you understand how stocks work and whether you can afford to take the high risk of losing your money.
Please read our full  Risk Disclosure Statement