Islamic accounts, also known as swap-free accounts, are available for DR Congo traders who wish to comply with Sharia law by avoiding interest charges on overnight positions. For EUR/JPY, standard swap rates are typically -3.5 to -4.5 pips for long positions and +0.5 to +1.5 pips for short positions, depending on the broker. In DR Congo, where many traders prefer Islamic accounts, several brokers from our list offer this option:
AvaTrade provides swap-free accounts for all pairs including EUR/JPY,
Exness offers Islamic accounts with no hidden fees,
XM Group includes swap-free status upon request,
Fusion Markets has Islamic options for all account types,
OctaFX offers swap-free trading,
HotForex HFM provides Islamic accounts with no time limit,
FBS includes swap-free for clients from Muslim-majority regions,
FXTM offers Islamic accounts, Capital.com has swap-free for eligible traders, and
Tickmill provides Islamic accounts on request. Swap rates apply only to positions held past 22:00 UTC+0 (New York close), so day traders within the 13:00-16:30 window typically avoid these fees entirely. For swing traders, choosing an Islamic account eliminates the cost of holding EUR/JPY overnight, which can accumulate significantly with 1:500 leverage.