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

Broker Issues
SUNWAH KINGSWAY
Leverage
Account
Instruments
Platform
05-24
United States
WikiFX
Reply

Based on my thorough review of SUNWAH KINGSWAY’s background and services, I found no evidence that the broker explicitly offers a swap-free or Islamic account option. As a trader familiar with the importance of compliance for faith-based trading requirements, I always look for clear disclosure regarding swap-free features, typically vital for Muslim clients to avoid interest charges in accordance with Sharia law. With SUNWAH KINGSWAY, their primary regulated activity is dealing in futures contracts, and their focus is on corporate finance, equity, and derivatives brokerage services. Their website and regulatory information specify their broad range of financial services but do not mention specialized account types such as Islamic or swap-free accounts. In my experience, brokers that do support Islamic accounts usually highlight this on their client onboarding pages or FAQs due to the critical regulatory and ethical implications involved. Absence of any such mention for SUNWAH KINGSWAY raises the likelihood that this feature is simply not part of their offering. For traders with specific needs regarding swap-free trading, it’s prudent to reach out directly to their support for official clarification or consider alternatives with transparent swap-free account provisions confirmed through reliable, regulated channels. Taking conservative precautions is essential whenever account features impacting costs and compliance are unclear.

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