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 interesOne of the amazing aspects of the popularity of currency trading is that sppread has caught on across the globe, through all types of cultures, ethnic backgrounds, and religious affiliations.
Not only must the broker have customer service representatives that speak many different languages, but they must also understand the nuances of various religious beliefs that call into question the actual islamic forex brokers 0 spread forx speculating.The Islamic faith is one of the major faiths of the world that forex investment trading enterprises across all continents and nationalities, but religious clerics have toiled for long hours arguing whether the standard offering of most forex brokers is permitted by Shariah law.
TradingAt XM we offer both Micro and Standard Accounts that can match the needs of novice and experienced traders with flexible trading conditions and leverage up to 888:1.We offer a range of over 55 currency pairs and CFDs on precious metals, energies, equity indices and individual stocks with the most competitive spreads and with the no rejection of orders and re-quotes execution of XM.
PlatformsStart trading the instruments of your choice on the XM MT4 and MT5, available for both PC and MAC, or on a variety of mobile devices. Leverege::1Spread2 pipsMiFiD, CBI, FSA, ASIC, SFB, BVI, FSCLSterling Gent Trading Ltd. is authorized and regulated Forex Broker by the Financial Services Commission under the Securities and Investment Business Act, 2010.
Forex (FX) and CFDs (Contracts For Difference) trading involves significant risk of loss and is not suitable for all investors. It will remain confidential. SGT does not disclose, share or sell your personal information to any third party. Read our brrokers islamic forex brokers 0 spread.