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schlaepfi
1-2 years

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

Broker Issues
Leverate
Leverage
Instruments
Account
Platform
07-18
United States
WikiFX
Reply

Based on my own careful review and experience with broker research, I can say Leverate does not offer a swap-free Islamic account for individual traders. In fact, this is largely due to the very structure of their business, as Leverate is not a retail broker at all. Their core services are aimed strictly at other businesses, brokerage firms, or institutional clients rather than individuals seeking to open trading accounts. From their documentation and available information, Leverate specializes in technology and liquidity solutions—providing software, risk management tools, and platforms like MT4 and Sirix to brokers and prop firms. They are not involved in direct client trading, account management, or individual trading services. Furthermore, the risks flagged around their regulatory status and recent removal from CySEC’s Investor Compensation Fund only reinforce my caution: I would not recommend pursuing any trading account, swap-free or otherwise, with Leverate if you are an individual trader. It’s essential in forex to ensure any account type, especially something as specific as a swap-free Islamic account, is offered clearly and transparently by a regulated firm that serves retail clients. In my professional view, Leverate simply does not fit that description.

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