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Karoline Hardy
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Does Freedom24 offer a swap-free (Islamic) account option for its traders?

Broker Issues
Freedom24
Platform
Instruments
Account
Leverage
05-18
Estados Unidos
WikiFX
Sagot

Based on my careful review of the available information, I couldn't personally find any explicit mention of a swap-free or Islamic account option offered by Freedom24. As a trader with a focus on compliance and transparency, I always pay close attention to whether brokers accommodate the needs of clients requiring interest-free (swap-free) trading, which is particularly important for those adhering to Islamic finance principles. In my experience, reputable brokers typically highlight this feature clearly if it is available, since it's a significant factor for many traders. Freedom24 is regulated by the Cyprus Securities and Exchange Commission and does offer a range of trading instruments, including stocks, bonds, ETFs, and derivatives. However, according to what I could verify from their official features, there was no clear indication—either in account options or trading specifications—of a swap-free account type. For me, this kind of omission means I would approach Freedom24 with caution if a swap-free solution is a personal or religious requirement. Given that regulations and offerings can change, I believe it's vital for interested traders to directly confirm with Freedom24’s customer service whether such accounts are available before committing any funds. From what I see at this time, I cannot confidently recommend Freedom24 to those who require swap-free trading until clearer evidence is presented.

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