WikiFX

Sagot

Based on my careful review of Tradition’s listed features and regulatory disclosures, I could not find any evidence that they offer a swap-free or Islamic account type. As someone with significant experience navigating broker conditions, I know how important transparency and explicit product offerings are, especially regarding Shariah-compliant trading. Tradition operates mainly as an interdealer broker focusing on FX forwards, commodities, and derivatives, regulated in Hong Kong under T.F.S. Derivatives HK Limited. Their platform, TRADe, is structured around institutional order matching for instruments like CDS and Bonds. I always look for clear documentation or mention of swap-free account structures—such as exemption from overnight interest or compliant alternatives—because these are essential for traders needing to adhere to Islamic finance principles. In Tradition’s case, there is no reference, even in the detailed instrument list, to specialized account options, including swap-free or Islamic accounts. This absence speaks volumes for me; without explicit, verifiable support for Shariah norms, I cannot assume these features exist. For traders with these requirements, it would be prudent to contact their customer support directly and, ideally, obtain all assurances in writing before opening an account or trading live. As always, regulatory oversight does offer one layer of client protection, but for specific product needs like Islamic accounts, formal confirmation is a must.