WikiFX

Reply

Based on my direct evaluation of SCB, I have not found any evidence that they provide a swap-free Islamic account option for traders. In my experience, most reputable brokers that cater to retail forex traders and aim for international accessibility will clearly disclose the availability of Islamic accounts, especially on their official materials and documentation. However, SCB’s business appears to focus primarily on low-carbon commodities, carbon-neutral solutions, and environmental markets rather than providing traditional forex retail brokerage services. When assessing their actual product offering, it’s clear to me that they do not mention support for general forex trading or retail brokerage accounts at all, let alone a dedicated swap-free or Sharia-compliant option. Additionally, the lack of valid regulatory licenses and high risk warnings further limit my trust and interest as a trader seeking transparent, client-focused services. In my opinion, when it comes to critical features like Islamic accounts, clarity and explicit disclosure are essential for trust and for traders who adhere to specific financial principles. Since there is no mention or detail about swap-free accounts in any available documentation, I cannot recommend SCB for traders who specifically require this feature. For my own trading, I would look to better-established, regulated brokers that transparently support swap-free Islamic account structures.