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Does Metaverse Securities offer a swap-free (Islamic) account option for its traders?

Broker Issues
Metaverse Securities
Leverage
Platform
Account
Instruments
07-28
United States
WikiFX
Reply

Based on my thorough review of all the information available about Metaverse Securities, I have not found any indication that they offer a swap-free, or Islamic, account option for traders. In my experience, clarity on such account types is essential, especially for traders who are concerned with complying with Shariah financial principles. Reliable brokers tend to state up front if Islamic accounts are on offer, usually with clear outlines of how overnight charges are handled. For Metaverse Securities, I noticed that their range of supported platforms—such as MetaStock, Fuyuan Benben, and Yisheng Polestar Futures—seems more tailored to conventional trading rather than accommodating religious or ethical mandates that require swap-free conditions. Moreover, their platform details and fee structures make no mention of alternative arrangements for interest accrual on overnight positions, which are central to Islamic accounts. Given that regulatory information around Metaverse Securities is already somewhat ambiguous—particularly with the license AAW177 having expired and questions about the scope of their current activities—I would personally be very cautious if a swap-free account is a necessity for you. If this is a critical criterion for your trading, it's wise to contact Metaverse Securities directly for clarification or consider more transparent alternatives. Trust, clarity, and regulatory adherence are non-negotiable for me when choosing a broker for specific account needs.

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