Headway offers swap-free Islamic forex accounts for Sharia-compliant trading

Headway, an international forex and CFD broker, is offering swap-free Islamic accounts designed for traders who want to operate in line with Sharia rules. Standard forex accounts typically charge overnight interest, known as swap, when positions are carried into the next trading day; the Islamic account removes that mechanism entirely so no interest is paid or received. According to the company, instead of swaps, alternative cost components may apply, including a fixed administrative fee on longer-term trades, limited spread adjustments, or a holding fee after a specified period. The company says the structure is designed to keep trading Sharia-compliant while maintaining transparent pricing. To open the account, clients must first register a standard account on the Headway platform and then contact customer support to request conversion to a swap-free Islamic account. Once the application is reviewed, the interest-free trading feature is activated. Headway said traders can operate on gold, the dollar and other precious metals, as well as currency pairs, without interest charges. The company recommends that clients verify fees, exemption periods and the Sharia-compliance status of the account through its official channels.