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The launch of the new swap-free Islamic account is in line with the broker’s MENA region expansion strategy as it positions itself as a strong contender for Islamic traders in the Middle East.

ACY’s new swap-free Islamic account offers the following benefits:

  • No interest or swap charges on any open positions
  • Over 70 instruments to trade across FX, Index, Commodity, Precious Metals, and Cryptocurrencies pairs
  • Leverage up to 1:500 with fast execution and deep liquidity
  • No restrictions on Expert Advisors (EAs) or high-frequency trading
  • Hedging is permitted
  • Full Arabic support with dedicated account manager

Ashraf Sherif, Head of Egypt said the fact that ACY Securities offers a premium Islamic account type coupled with full Arabic support and superior trading conditions makes it a very strong contender for Arabic clients.

“Well established ASIC regulated brokers offering a premium swap-free Islamic account, such as ACY Securities, are highly sought after by traders in the Middle East. And the fact that ACY offers the swap-free account with full Arabic support and superior trading conditions makes it truly appealing to clients who want to trade the global markets in accordance with the Islamic faith” said Mr Sherif in a statement today.

ACY Securities is the Official Sponsor of two upcoming high-profile events in the Middle East – the Egyptian Women Forum, which will be held in October and the Egypt Summit 2020, which will be held in November. It will also be involved in the Dubai Summit 2020 as a Diamond Sponsor.

The new Islamic account type is available from today, with initial charges starting from 15th September. This will affect all existing swap free accounts. To apply visit www.acy.com.

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