Exness Islamic Account: Swap-Free Trading Explained — Kenya 2026

Exness is one of several forex and CFD brokers that offer a swap-free account, often marketed as an Islamic account, alongside their standard account types. As with swap-free accounts across the industry, the idea is to remove the overnight swap (rollover) interest that would otherwise be charged or credited on a leveraged position held past the daily rollover, since ongoing interest is the element many consider incompatible with Sharia. Brokers that offer this option usually apply it on request to an eligible account, sometimes restrict it to certain instruments, and may add a fixed administration fee on some positions once they pass a grace period, in place of standard swap. Exact eligibility, instrument coverage and fee rules vary by broker and can change, so anyone comparing an Exness Islamic account against another provider should confirm the current terms directly with that broker before opening an account. For Kenyan traders already reading about FxPro on this site, FxPro offers a comparable swap-free option on eligible account types, with the usual trade-off that a lower or zero swap can come with tighter spreads or a commission depending on the account chosen. Weighing a swap-free account on cost alone is not enough — check the spread, commission and swap policy together, since a broker with no swap but a wider spread can still cost more over a long-held position than one with a small swap and a tight spread.