WikiFX

Sagot

Based on my direct review of ChaoShang’s publicly available information, I found no indication that swap-free or Islamic account options are available for their clients. In my experience as a trader, this is an important detail for anyone who adheres to religious principles prohibiting overnight interest—typically, brokers will explicitly state swap-free status or showcase dedicated Islamic account structures. At ChaoShang, the absence of such details stands out, especially given the importance of meeting specific religious and ethical requirements in the trading world. Furthermore, ChaoShang appears to mainly focus on securities, futures, and options trading, rather than forex, which is where swap-free features are most commonly encountered. Their platform does not publicly display dedicated account types, much less those designed to address the needs of Islamic traders. As someone who has evaluated countless brokers, I find that any lack of transparency or explicit mention regarding specialty accounts warrants extra caution, especially given the “Suspicious Scope of Business” and “Medium potential risk” flagged in their profile. Given the SFC regulation and established history, ChaoShang seems credible within its niche, but for those who require a swap-free account for religious compliance, I cannot recommend it without direct written confirmation from the broker regarding the availability of such options. Whenever this specific account feature is essential for your needs, I strongly advise verifying with ChaoShang's support team before making any deposit or commitment.