Muslim Trader Can Now Trade on XM Islamic Account

March 6, 2023

To accommodate Muslim traders, XM has implemented Islamic status across their account types. This also avaliable on their mobile apps.

XM is renowned for its comprehensive educational resources, offering webinars, video tutorials, articles, analysis, and practical one-day sessions. Paired with an exceptional customer service team, these resources establish a strong foundation for traders to enhance their skills, especially for those utilizing Islamic accounts, which Muslim traders can open at any time.

In response to the specific needs of traders in the region, XM broker has cultivated a robust presence over the past decade, providing competitive Islamic accounts. Understanding the importance of adhering to Islamic Sharia law, which prohibits interest accumulation, Muslim traders seek swap-free accounts.

xm islamic account

The is meticulously designed to offer seamless, swap-free trading without altering other conditions. This ensures account holders have an equal opportunity to trade with tight spreads, flexible leverage, and no additional fees.

This global brokerage remains committed to transparency, with no hidden terms or conditions, including for swap-free accounts. This clarity provides traders with confidence, knowing exactly what to expect and assuring them that their account adheres to Islamic principles.

Account verification is a quick and user-friendly process, taking only a few minutes. Once verified, traders can promptly request swap-free status through the Members Area. This Islamic status can be applied to all account types and used on any trading platform, including the award-winning XM app. Traders can enjoy the benefits of low spreads from Ultra-Low accounts while also taking advantage of bonus margin trading offered by Standard accounts.

Education (46)

1. What Is Forex? 2. Why Does Forex Market Exist? 3. What Drives the Forex Market? 4. Why is Forex Trading Popular? 5. Can I Get Rich in Forex? 6. Are You Curious? Want to Discover More about Forex Trading? Meet Demo Acount! 7. I'm a Newbie, How to Master Forex Trading? 8. What Forex Knowledge Should I Conquer? What Are the Steps to Go Thorugh the Journey? 9. What are Software and Glossaries in Trading Forex? 10. How to Read the Forex Market? 11. How to Practice Forex Trading? 12. How to Ride on the Forex Wave? 13. How to Prepare Basic Trading Requirement? By the Demo Account? What about the MT4/MT5? 14. What is Bid-Ask Spread? 15. What is Pip? 16. What is Lot Size 17. What is Leverage in Forex Trading? 18. What is Margin? 19. When to Trade Forex? 20. What is the Most Dominant Market in Forex? How is the Characteristic? 21. What is Chart in Forex? 22. What is Candlestick? Why is It the Most Popular Chart in Forex? 23. What is Technical Analysis? 24. What is Fundamental Analysis? 25. What are MT4 Indicators and How to Use Them? 26. What is Risk in Forex? 27. What is the Psychological Effect in Forex Trading? 28. How to Compile a Strategy Template? 29. How Long Should You Practice in a Demo Account? 30. When Do I Need to Start Learning about Brokers? 31. What Exactly Does a Forex Broker Do? 32. Can I Trade Forex without Broker? 33. How Much Money Do You Need to Trade in Forex Brokers? 34. How to Choose a Good Forex Broker? 35. What is Regulation? And Why Should Regulation Exist? 36. Why Should You Choose Forex Brokers with Top-tier Regulations? 37. How to Choose Forex Brokers Based on Your Need and Where You Are From? 38. What Brokers Should You Avoid? 39. Is There Any Broker Scam in History? How Bad Is It? 40. What are the Most Popular Brokers in The World? 41. What are the Best Brokers For Entry-Level Traders? 42. What are the Best Brokers for Traders with Minimum Deposit Capabilities? 43. Which Broker Provides a Demo Account and Easy Setup? 44. Which Broker Provides Easy Registrations? 45. What and How to Deposit on Forex Brokers? 46. What and How to Withdraw from Forex Brokers?

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