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Does Instreet offer a swap-free (Islamic) account option for its traders?

Broker Issues
Instreet
Account
Platform
Instruments
Leverage
07-06
United States
WikiFX
Reply

From my own close review of Instreet, I have found no clear or specific mention of a swap-free (Islamic) account being available to traders. For me, as someone who values transparency and flexibility from a broker, this absence stands out. Instreet’s focus appears to be on providing structured investment products, options, indices, and ETFs to more sophisticated investors, but it does not explicitly promote any forex-related products or alternative account types like Islamic, which are common in the forex space for those who must avoid interest for religious reasons. As an experienced trader, I always look for direct references to important features like swap-free accounts in a broker’s official documentation, FAQs, or account comparisons. In this case, neither Instreet’s official information nor their platform features confirm the existence of a swap-free solution. Given also that Instreet does not provide forex instruments, I would be even more cautious and not assume any support for Islamic trading needs without an explicit statement from the company. If a swap-free option is essential, I would personally consider contacting their customer service directly for up-to-date clarification before opening an account. This cautious approach helps ensure any trading decision aligns with both regulatory and personal ethical requirements.

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