Some brokers. As I am an amateur Forex trader, I was searching for differences between Forex accounts in Forex brokerage. Some brokers has not Islamic account or swap free but some others has got these type of accounts. Some brokers has not Islamic account or swap free but some. While forex trading is quite popular in the Islamic world, brokers need to approach this customer base cautiously as there are cultural peculiarities to be obeserved.
One such peculiarity is the Shariah law prohibiting Muslims from earning interes. Our new account process and withdrawal process has been structured to fit the needs of our clients islamic account forex 21 superior customer service. This law also prohibits Muslim Forex brokers from earning interest via Forex trading. SometimeLast Updated: 21.2.17 eToro Video ReviewSince the deregulation of the forex trading industry in 1997, there has been a massive proliferation of internet based spot forex brokers.
While this scenario might be a good thing in terms of the availability of choice for traders, too much of a good thing can also be bad. However, all this started to change when a broker called eToro introduced the concept of social trading to the world in 2010 with the launch of their OpenBook social investment platform. To start viewing threads,select the forum that you want to visit from the selection below.
Read about members in the Introduce Yourself forum, or make your way to Newbie Island. Some brokers such as Exness.com or Fxdd.com has not Islamic account or swap free but some others such as Fxglory.com or Alpari.com has got these type of accounts.