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Thanh Thao
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Does EXANTE offer a swap-free (Islamic) account option for its traders?

Broker Issues
EXANTE
Instruments
Account
Platform
Leverage
03-14
United States
WikiFX
Reply

In my experience exploring EXANTE, I was unable to find any explicit mention of a swap-free or Islamic account option available for traders. From what I’ve gathered, EXANTE places significant emphasis on its broad range of over one million tradable assets and its tailored services, such as assigning each client a dedicated account manager. However, nowhere in the broker’s summary or detailed account information did I come across a reference to swap-free accounts—something that, in my professional judgment, would be prominently advertised if available, given the specific needs of traders seeking to comply with Sharia law. It’s important to highlight that swap-free accounts are more than just a marketing feature—they address the particular requirements of clients who cannot pay or receive interest due to religious reasons. Responsible brokers with such options typically communicate this clearly, both to avoid confusion and to build trust with clients concerned about religious compliance. Given the relatively high minimum deposit and the broker’s main focus on advanced trading features, it seems EXANTE is tailored more towards institutional clients and high-net-worth individuals rather than accommodating specific religious or ethical account requirements. For anyone who must adhere to Islamic finance principles, I would recommend direct, written confirmation from EXANTE’s support or compliance team before opening an account. Relying solely on general descriptions without explicit confirmation could expose a trader to legal or ethical conflicts regarding interest charges. This cautious approach is crucial when dealing with any YMYL (Your Money or Your Life) financial service.

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