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Does UIIC offer a swap-free (Islamic) account option for traders?

Broker Issues
UIIC
Account
Instruments
Platform
Leverage
02-05
Estados Unidos
WikiFX
Sagot

Based on my review of UIIC, I did not find any mention or evidence that they offer swap-free (Islamic) account options for traders. As an experienced trader, I always prioritize clarity about account types because swap-free accounts are essential for those who follow specific religious principles. While UIIC is regulated by the FCA in the UK and has over 20 years of industry experience, their primary service is political risk insurance rather than standard forex trading. This focus makes their platform somewhat distinct from typical forex brokers, as their coverage leans mainly towards protecting investors and companies from political risks associated with Uzbekistan, rather than facilitating diverse retail trading services. Given the absence of explicit information about Islamic account options, I would be cautious. In my experience, established brokers clearly state if they support swap-free trading, usually under account types or FAQs, and this transparency is crucial for trust and compliance. Furthermore, I noted that, despite being regulated, there were some user reports of withdrawal issues, which adds to my overall hesitation. For traders seeking Sharia-compliant trading, I strongly recommend contacting UIIC directly for the most accurate information, but I personally have not seen any evidence that such an option is available on their current platform.

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