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What is an Islamic Forex account?
According to Islamic law, or Shariah law, Muslims are prohibited from earning interest on their giving. This law, when applied literally, also applies to interest earned on Forex trading. To address this issue and to make it possible for Muslims to trade Forex according to Islamic law, many Forex brokers opened the opportunity for Islamic Forex accounts which offer interest-free Forex trading (aka No Riba Forex). We've taken the time to examine the leading Islamic Forex options and to provide you with a comprehensive comparison so that you can see at a glance which Islamic Forex account is best for you.
If you wish to change from a traditional Forex account to an Islamic account, many brokers will accommodate this change quickly and easily. Forex System - SlingShot 1 of 7: Easy Forex Strategies For Beginners Part 1. Six important times of the day to trade forex. Easy Forex Strategies For Beginners. EasyforexWW. Easy Forex - In today's world we are faced with many choices and choosing a Forex broker is no different.
We've been in the retail Forex business longer than most and we understand that individual traders have different needs and wants. That's why we continue to evolve to ensure you can trade in a safe, informed and supported environment.