WikiFX

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Based on my direct evaluation and the available details, I did not find any indication that Angel One offers a swap-free or Islamic account option for traders. In my experience with brokers, an Islamic account is a specialized offering that foregoes interest charges in compliance with Sharia law—this is typically a clearly advertised feature when available, due to its significance. When assessing Angel One, the broker focuses on investment products such as stocks, derivatives, mutual funds, and commodities, and it does not mention forex trading or any specifics about Islamic or swap-free accommodations. I consider this lack of clarity a critical point, especially for traders who require swap-free accounts for religious reasons. In my judgment, with no evidence of this option—and given that Angel One is unregulated and presents a high potential risk according to its own profile—traders with such needs should be especially cautious. Personally, I would not proceed with a broker on important account features merely assumed to exist or left unspecified. For me, the absence of regulation amplifies the importance of unambiguous product disclosures. In conclusion, anyone seeking a verified swap-free or Islamic account would not, in my experience, find Angel One to fulfill that requirement.