Islamic Forex Trading Offered By Tadawul FX Provides Swap-Free Accounts
Tadawul FX (TDFX), the leading online Islamic forex trading company, knows and understands the requirements and accommodations required to customize trading conditions specifically for their large and growing Islamic clientele. TDFX was founded with the values of honesty, integrity, and clarity with a primary goal of providing exceptional customer service. That’s why this company has taken the time and effort to ensure that it offers Islamic forex accounts that adhere to and accommodate Islamic beliefs. Sharia Law provides that wealth can only come through legitimate trade and investment in assets. This prohibits any form of interest, whether it is being received or charged as a fee. TDFX offers Islamic forex trading that is completely swap-free.
Additionally, clients using Islamic forex accounts are not charged interest for holding overnight positions and there are no extra fees or commissions charged as a back-door method of compensating for the interest free aspect of the accounts. That is something that makes Tadawul FX stand shoulders above other online forex brokers that offer similar Islamic forex accounts. Many of these companies charge fees in order to compensate for the missed interest. This in essence is simply interest fees in disguise, and according to Islamic religious beliefs, is not appropriate.
As part of the high standards that guide every procedure at TDFX, every client is treated fairly and professionally. Penalties are not imposed for one’s beliefs. By utilizing best practices and exceptionally high standards TDFX has become the leading Islamic forex broker online. The company makes opening accounts easy via a secure online application form. Traders can use a demo account that offers the realism of a live account without any risks involved. This is the perfect way for anyone, new or experienced, to hone and perfect forex trading skills, strategies and plans. And when clients are ready to open a live account they can choose between one of three types of trading accounts offered: Mini, Standard, or Premium. In reality the account type refers to the amount of balance that is in it. Mini accounts range from $500 to $5000, Standard accounts from $5000 to $150,000, and Premium accounts have a balance of $150,000 or more. The No Riba Policy honored by TDFX ensures that clients may hold positions for an undetermined time at the original opening price until they are closed, and this happens without any incurred fees or charges. Tadawul FX is licensed and regulated by CySec, which serves to offer another level of trust from its clients. CySec provides that every trading methodology is executed in a manner that is in the best interest of the customer.
TDFX not only makes it easy to open an Islamic forex account, but the company goes a step further to offer an overview of forex, a forex glossary, informative articles, a tutorial, trading tips, and even a gold and silver overview. The more you learn about Tadawul FX the easier it is to understand why it is the leading online forex broker. If you would like more details about Islamic forex accounts or you would like to try a 30-day demo account, just visit the site or call. The contact information is below.
Website: www.tadawulfx.com
Phone Number: +357 25200900
Email: support@tadawulfx.com
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