Islamic accounts, also known as swap-free accounts, are available for Italian traders who wish to trade EUR/USD without earning or paying overnight financing fees (swap/rollover). These accounts are offered by several brokers in our list:
Pepperstone (Islamic account available on request),
AvaTrade (offers Islamic accounts for all instruments),
Exness (swap-free for all clients on certain account types),
IC Markets (Islamic account option available),
XM Group (swap-free accounts for Muslim traders),
OctaFX (offers Islamic accounts),
HotForex HFM (swap-free accounts available),
Vantage (Islamic accounts on request),
eToro (does not offer Islamic accounts), and
FBS (swap-free accounts available). For Italian traders using standard accounts, swap fees on EUR/USD are typically small—around $0.50-$2 per lot per night, depending on the broker and interest rate differentials. However, for long-term holders, these fees can accumulate. Choosing an Islamic account eliminates this cost entirely, making it a popular choice among cost-conscious traders in Roma. Always verify with the broker that the Islamic account is available for your country and deposit method (e.g., USDT TRC20).