Update on our Islamic account conditions

We are adjusting the administration fees for crypto-trading on Sharia-compliant accounts

We would like to inform our traders that as of 17 March 2020 we will be making adjustments to the administration of crypto-trading in Islamic (swap-free) accounts.

Islamic accounts will continue to be Sharia-compliant, however a weekly administrative fee for the warehousing of positions on cryptocurrencies will apply for positions that are held for seven days or more. No fees will be charged on positions for the first six days.

The below table shows the charges that will be applied in 7-day increments in USD per 1 full lot per day.

In preparation for this change, we will send a reminder email to all traders who hold an Islamic account and could be affected by this change as the date approaches.

For more information, our Customer Service team is available to help around the clock.

The ThinkMarkets team

Back to blog


Please enter your comment!
Please enter your name here

Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.

Please Enter Your Email Address:

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!


High and dry: will India’s swimming camels be the last of their kind?

Ayub Amin Jat treats his camels like his children. But then his camels are no ordinary ungulates: they are a unique breed of camels...

Endangered shorebirds unsustainably hunted during migrations, records show

More than 30 shorebird species that fly across oceans each year to visit Australia - including nine that are threatened - are being hunted...

Coronavirus pandemic prompts record drop in global emissions, study finds

The coronavirus pandemic has led to the largest drop in heat-trapping emissions in human history, according to a new study. Lockdowns, travel bans and...

The Guardian view on plastics: reducing bag use is not enough | Editorial

From shocking footage of an albatross chick killed by a plastic toothpick to images of the Great Pacific Garbage Patch, and recent coverage of...

Coronavirus shows us it’s time to rethink everything. Let’s start with education | George Monbiot

Imagine mentioning William Shakespeare to a university graduate and discovering they had never heard of him. You would be incredulous. But it's common and...