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Tom Rossito - Toronto
Within 1 year

Does AI GOLD offer a swap-free Islamic account option for traders?

Broker Issues
AI GOLD
Platform
Instruments
Leverage
Account
06-23
United States
WikiFX
Reply

Based on my review of AI GOLD, I could not find any clear indication or detail that the broker offers a swap-free Islamic account option. As an experienced forex trader who values transparency, I always look for explicit information regarding swap-free or Sharia-compliant options, especially for those who must adhere to Islamic trading principles. My process involves checking for both account types and any relevant disclosures about overnight interest charges. With AI GOLD, their product list focuses on Forex, CFDs, and Click 365, and while they provide a decent range of trading tools and educational resources, there’s no mention of a dedicated Islamic or swap-free account offering. This absence is important to me because trading with swap-free conditions requires that the broker specifically tailors the account to ensure no interest is charged or paid on positions held overnight—a key compliance factor for observant Muslim traders. Given the strict regulatory environment they operate in (FSA Japan), I would have expected prominent disclosures if such options existed. For traders requiring Islamic finance compliance, I advise double-checking with the broker’s support team before opening an account, as account structures can change and it is essential to ensure your trading aligns with your ethical or religious needs.

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