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Does LINE FX offer an Islamic or swap-free account for its traders?

Broker Issues
LINE FX
Account
Leverage
Instruments
Platform
07-17
United States
WikiFX
Reply

From my personal experience examining LINE FX, I found no clear indication that they offer Islamic or swap-free accounts. This is a crucial consideration for traders who must comply with Shariah law, as such accounts avoid interest payments (swap or rollover fees) on overnight positions. LINE FX’s primary features are focused on access to 23 currency pairs, regulated conditions under Japan’s FSA, and relatively tight spreads—especially during core EUR/USD trading hours. The information available details their trading platforms, leverage options up to 1:25, and deposit and withdrawal methods, but makes no reference to a swap-free or Shariah-compliant alternative. I always recommend verifying directly with a broker before opening an account, especially when religious or ethical requirements are involved. In Japan’s regulated forex sector, swap-free accounts are relatively rare. Given this, and based on the data I reviewed, I would exercise caution if swap-free trading is a non-negotiable need for you. It's important to seek written confirmation from LINE FX's support rather than rely solely on general materials. For me, clarity and transparency around account types are non-negotiable, especially when unique account structures like Islamic accounts are concerned.

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