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Darren Ross
Within 1 year

Does Tiger Markets offer a swap-free (Islamic) account option for traders?

Broker Issues
Tiger Markets(test)
Account
Leverage
Instruments
Platform
08-23
United States
WikiFX
Reply

From my careful review of the available data, I could not find any explicit indication that Tiger Markets offers a swap-free (Islamic) account option. In my own trading, especially when considering brokers for religious compliance or for a specific trading strategy, the clear availability and documented terms of swap-free accounts are crucial, as these accounts are designed to comply with Sharia law by removing interest charges on overnight positions. When I look for this feature, I expect to see detailed information regarding eligibility, application process, and any potential administrative fees. Unfortunately, Tiger Markets’ information does not specify this kind of account, and several core aspects like the minimum deposit structure and account features are either unclear or missing. Additionally, the presence of unresolved user complaints—particularly about withdrawal difficulties and position closure issues—gives me further pause when evaluating the trustworthiness of their offerings. If swap-free trading is a vital requirement, I would personally be hesitant to proceed with Tiger Markets until they provide more transparent and comprehensive disclosures about their account types and operational policies. For now, in my assessment, traders seeking an Islamic account should be extremely cautious and look for more straightforward confirmations from the broker before considering them.

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