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ritzyshona
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Does FX Broadnet offer a swap-free, or Islamic, account option for its traders?

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FX Broadnet
Instruments
Platform
Leverage
Account
05-04
United States
WikiFX
Reply

Based on my review and experience exploring FX Broadnet, I could not find any clear evidence that this broker offers a swap-free or Islamic account option. FX Broadnet primarily operates in Japan and is regulated by the Japanese Financial Services Agency (FSA), with its main focus on over-the-counter FX and the Click 365 exchange-traded service. The provided materials emphasize their low spreads, reliable trading tools across several device types, and regulatory framework, but there is no mention of account types specifically tailored for those who require swap-free trading for religious purposes. As someone who values clear, direct information—especially when it comes to accounts that impact financial obligations like overnight swaps—I am cautious when a broker doesn’t provide explicit details about Islamic or swap-free accounts. In my view, this omission means that traders who need such an account for compliance with their religious beliefs should be very careful. If this feature is essential for you, I would strongly recommend reaching out to FX Broadnet’s customer support directly before opening an account. It’s always safest to confirm directly rather than make assumptions, because even regulated brokers may not cater to every trader’s specific needs. For me, confidence comes from absolute clarity about account features, and, in this case, swap-free accounts are not evidently supported.

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