Saudi Arabia desk · September 2026
Dalil KSA.
FxPro Islamic account Saudi Arabia: swap-free request, admin fees, not a fatwa
Swap-free is a product flag requested after KYC, not an automatic setting at signup. Admin or storage fees can replace overnight swap after a published grace window. This page describes product mechanics only. It is not a fatwa and not a CMA Islamic banking product. Confirm terms in Direct. Entity honesty: legal Saudi. Confirmed September 2026.
75%+ of retail CFD accounts lose money. Capital at risk.
Steps: open → KYC → request Islamic / swap-free
- Register in FxPro Direct and open a live Standard or Raw+ account.
- Finish KYC so the account can be funded.
- Request Islamic / swap-free via Direct or back office for your entity.
- Wait for approval. It is not always automatic.
- Screenshot the admin-fee table and grace windows before the first overnight hold.
Arabic twin: الحساب الإسلامي. Fund via deposits or stay on demo.
Grace period vs ongoing admin fees
Removing swap does not mean free multi-night holds forever. After the published grace window per instrument, admin fees can apply. We do not invent amounts here. Read the live table in Direct before holding gold or FX overnight. You still pay spread and, on Raw+, commission.
What swap-free does not do
- Does not create a CMA Islamic banking product.
- Does not remove CFD market risk or the 75%+ retail loss statistic.
- Does not invent a SAR-only Islamic wallet or STC Pay rail.
- Does not change withdrawal source-matching rules.
Costs: spreads · menus: account types · Raw+ commission: Raw+ account · floors: minimum deposit.
FAQ
Is FxPro Islamic account a fatwa?
No. Swap-free commercial overlay only. Seek your own scholarly advice if needed.
Can admin fees replace swap?
Often yes after a grace period. Read the live schedule. We do not invent fee amounts.
When can I request it?
After live KYC via Direct / back office.
Does it remove CFD risk?
No. Spreads, commission, leverage and market risk remain.
Does Islamic status change withdrawals?
No. It does not create a separate cashout rail.