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Rustam R
Within 1 year

Does BPF offer a swap-free Islamic account for its traders?

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BPF
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01-27
United States
WikiFX
Reply

In my experience as a forex trader, the availability of swap-free or Islamic accounts is an important consideration for those who require Sharia-compliant trading conditions. Based on the information I found during my recent review of BPF, there is no confirmation that PT. Bestprofit Futures (BPF) offers an Islamic or swap-free account option. The broker lists only two account types—demo and real/live trading accounts—and specifically notes that there is no information validating the existence of Islamic (swap-free) accounts for traders. This absence of clarity is meaningful for me because, in the past, when a broker has not explicitly stated the availability of such accounts, it has usually meant they do not provide them. This could be a significant limitation for clients who are concerned about interest (swap) being charged or credited on overnight positions, which is a common requirement for traders adhering to Islamic finance principles. For anyone needing swap-free trading, I personally would proceed with caution and directly contact BPF for the most up-to-date information before opening an account or committing any funds. If absolute certainty is necessary for your trading practices, it may be sensible to consider brokers where Islamic account options are clearly described and guaranteed.

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