FxPro Islamic Account: Swap-Free Trading Explained — Kenya 2026
How FxPro's swap-free (Islamic) account works, and what to check before choosing one in Kenya.
Open FxPro Account →FxPro is one of the forex and CFD brokers that offer a swap-free account, often marketed as an Islamic account, alongside its 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. FxPro applies swap-free status on request to eligible account types, may 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 can change, so confirm the current terms directly with FxPro support before applying. Weighing a swap-free account on cost alone is not enough — check the spread, commission and swap policy together, since an account 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.
What to check on the FxPro swap-free (Islamic) account
- Overnight swap interest is removed on eligible positions, in line with Sharia principles.
- Swap-free status is usually applied to an eligible FxPro account on request, not automatically.
- Some instruments may be excluded, or limited to a grace period before an administration fee applies.
- Eligibility, coverage and fees can change over time — confirm the current terms with FxPro.
- Compare the spread and commission alongside the swap-free status, not swap alone.
- Confirm the current terms directly with FxPro support before opening an account.