WikiFX

Sagot

Based on my thorough research and personal experience reviewing NGG, I can confirm that NGG does offer an Islamic, swap-free account option for traders. For me as someone careful about both trading ethics and financial costs, knowing whether Islamic accounts are available is a key consideration—especially since many brokers either don’t clarify this feature or impose hidden fees. The presence of a swap-free option at NGG means traders who require their accounts to comply with Sharia law aren’t forced to pay or receive overnight interest, which is a crucial factor in maintaining religious compliance. It's important to note, however, that while the option is available, the overall risk profile of NGG remains high due to its complete lack of regulatory oversight. From my risk management perspective, even with an Islamic account on offer, the absence of regulation, transparency, and independent auditing means that I personally would remain cautious. Still, for traders who prioritize Sharia compliance and are focused mainly on gold trading—the sole instrument NGG provides—this account feature may be attractive. As always, I strongly recommend thorough due diligence before funding any account, regardless of swap-free status.