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seejay
Within 1 year

Does Forex Limited offer swap-free (Islamic) accounts for traders?

Broker Issues
Forex Limited
Instruments
Account
Platform
Leverage
05-26
United States
WikiFX
Reply

Based on my careful review of the information currently available, I could not find any details indicating that Forex Limited offers swap-free or Islamic accounts. As someone who has been trading forex for several years, I know how critical it is for traders requiring swap-free arrangements due to religious reasons to confirm this feature in advance. In my experience, reliable brokers typically list such account options clearly, especially considering the regulatory and client trust implications. With Forex Limited, the lack of straightforward information on account types, trading conditions, and supported features is concerning for me. Their website appears to provide very limited detail, and most of what is known comes from third-party reviews and user reports, some of which highlight serious complaints about withdrawals and account management. When a broker does not transparently disclose basic offerings like swap-free options, I consider it a red flag, especially given the additional risk indicators noted, such as the “high potential risk” and numerous negative user exposures regarding withdrawal issues. For traders who require swap-free accounts, I would be extremely cautious and recommend contacting their support directly for explicit confirmation before opening any account or funding your trading activities. In my judgment, until Forex Limited can provide clear, verifiable details about swap-free provisions, I would not regard them as a suitable option for those needs.

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