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

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XSpot Wealth
Instruments
Platform
Account
Leverage
08-04
United States
WikiFX
Reply

From my careful review of the information available, I could not find any explicit mention that XSpot Wealth provides swap-free Islamic accounts. As someone who values transparency and compliance when selecting a broker, the absence of clear details about Islamic account options is a significant consideration for me. XSpot Wealth appears to be regulated by CYSEC in Cyprus and offers private wealth solutions with a Straight Through Processing (STP) model, but critical information on specific account types—especially those meeting Shariah requirements—was not visible in the official summary or user experiences. Throughout my trading career, I’ve learned that brokers usually highlight Islamic, or swap-free, accounts due to regulatory and religious sensitivities. Their omission here makes me cautious about recommending XSpot Wealth to traders who require Shariah-compliant services. Given additional risk alerts and concerning withdrawal experiences raised by multiple users, I would urge anyone needing a swap-free account to contact XSpot Wealth directly for written confirmation before proceeding with account setup or funding. In my experience, relying on verified, official communication is crucial to avoid misunderstandings and potential issues with compliance or withdrawals.

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