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Darren Ross
Within 1 year

Does United Securities Co. offer a swap-free (Islamic) account option for its traders?

Broker Issues
United Securities Co.
Platform
Leverage
Account
Instruments
03-19
United States
WikiFX
Reply

In my thorough review of United Securities Co., I could not find any clear indication that they offer a swap-free (Islamic) account option. This is a significant consideration for traders who require Sharia-compliant trading conditions, as the absence of overnight swap or rollover interest is essential to meet religious obligations. During my evaluation, I noticed that United Securities Co. makes no explicit mention of swap-free accounts among its account offerings or features. Their main account types—the Professional and Standard accounts—focus on aspects such as minimum deposit, leverage, and spreads, but there is no reference to an Islamic account alternative. From my expertise, the lack of swap-free options often suggests that either the broker does not cater specifically to the needs of Islamic traders, or that this feature is not a priority in its service model. Furthermore, considering that United Securities Co. is not regulated and is highlighted as a high-risk provider, I would be very cautious about relying on any undocumented features. For me, transparency around account types and trading conditions is critically important for both compliance and trust. Without confirmation from the broker, I would not assume that a swap-free account is available, and I recommend any trader with these requirements contact United Securities Co. directly for up-to-date, official information before opening an account.

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