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Sam35
Within 1 year

Does TspFxb Ltd offer a swap-free or Islamic account option for its traders?

Broker Issues
TspFxb Ltd
Account
Instruments
Leverage
Platform
04-28
United States
WikiFX
Reply

Based on my close examination of TspFxb Ltd’s available information, I could not find any clear indication that they offer a swap-free or Islamic account. For me as a trader, the absence of transparent details on account types—particularly in regards to religious compliance options—is a serious drawback. Swap-free (Islamic) accounts are important for traders who need to avoid overnight interest due to faith-based reasons, and reputable brokers typically make these options and their conditions explicit. TspFxb Ltd appears to operate without regulatory oversight and provides only limited information about its account structures, fees, and supported features. Notably, there’s no mention of Islamic accounts either in the account detail listings or in their general service description. As someone who prioritizes adherence to both my trading strategy and regulatory standards, the lack of clarity here means I cannot responsibly assume that a swap-free account is available or reliable—even if it were mentioned elsewhere unofficially. Given the heightened risk profile and the broker’s lack of essential information, my approach would be extremely cautious. For anyone requiring a genuinely swap-free account for religious observance, I would personally refrain from engaging until the broker can offer transparent, verifiable details on such account types and demonstrate some form of credible regulatory status.

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