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.
The XM Islamic account 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.