Is IC Markets halal?

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IC Markets forex broker offers, Islamic Trading Account known as Swap-Free Account for Muslim Traders. To avail of a swap-free account, traders need to submit some documents as proof of their regional authenticity to the broker support team.

You need to submit one of the below-mentioned documents if you want to avail such facilities.

  • Birth Certificate (GOVT. Issued)
  • Any Documents that clearly mentioned you are a Muslim.
  • Muslim Certificate issued by any Mosque or Madrasa

How to avail IC Markets halal account?

First of all, you need to register a trading account with this broker. In order to do that, please the broker’s official website www.icmarkets.com and signup for a new trading account.

If you want to know the detailed account registration procedure, we have detailed guidelines for that. Please refer to the ICMarkets Registration article and follow the mentioned steps accordingly.

The Swap-Free options are available for both of their trading accounts in the RAW and Standard Trading accounts. So you can choose to activate any of these. Then you need to verify your trading account by submitting the required information.

In order to verify, you need to submit two different types of documents. You can choose any of these.

For identity verification

  • Nation ID Card
  • Social Security Number/Card
  • Driving License
  • Passport

Address Verification

  • Bank Statement
  • TAX or TIN Certificate
  • Utility Bill issued under your name
  • House Agreement Copy

Choose any of the documents from each section and submit them for account verification. If you want to know more regarding the detailed verification process then please refer to the ICMarkets Verification article.

When your trading account is ready, you need to submit your Muslim certificate to the broker. In order to do that, please contact the broker live chat and ask them to create a Swap-free Islamic Account. One of their support agents will ask for the relevant document that proves you are a Muslim, submit the certificate and they will make your account complete Halal and Swap Free. You can find more information on the broker’s official website – www.icmarkets.com

If you want to learn more, please have a look at the ICMarkets Broker section. We have also added a FAQ section where you can find the most common answers. Please refer to the ICMarkets FAQ Section to find your answers.

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