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Does M&H provide an option for traders to open an Islamic (swap-free) account?

Broker Issues
M&H
Account
Leverage
Instruments
Platform
04-15
United States
WikiFX
Reply

Based on my personal review and careful examination of M&H’s details, I did not find any evidence of an Islamic (swap-free) account offering with this broker. As a trader who prioritizes regulatory clarity and transparent account types, this immediately stands out for me. M&H primarily advertises diversified investment products and advisory services, but there’s no mention of Sharia-compliant or swap-free options that would be essential for traders observing Islamic finance principles. What concerns me further is the significant lack of transparency overall. M&H is unregulated and currently has an inaccessible website. For me, that absence of regulatory oversight and the inability to verify information directly raises serious red flags. Even aside from the subject of Islamic accounts, limited deposit and withdrawal options add to my hesitation—especially since their only method is traditional bank transfer and requires sending proof of payment. This process feels cumbersome and potentially risky for my standards. In summary, in my experience there is no clear, trustworthy path for opening an Islamic or swap-free account with M&H, and the broader risk profile of the broker would make me extremely cautious about engaging with them at all.

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