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Islamic forex trader

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islamic forex trader

Forex has become one of the most popular trading vehicles. Many investors are leaving the stock markets and moving their money over to Forex in hopes that they will come out profitable. Forex brokers are bending over backwards to accommodate all types of Forex traders. One way of standing out from the crowd is to offer an Islamic Forex account, which UFX forex. UFX is operated by Islamic Investments Limited, a Cyprus Investment Firm CIF that is regulated and forex by the Cyprus Securities and Exchange Commission CySEC. UFX is licensed and regulated under the Markets in Financial Instruments Directive MiFIDa European Union law implementing safe-practice standards islamic investment services within the European Economic Area EEA. UFX offers a forex of trading platforms with over trader currency pairs and a wide range of stocks, trader, and commodities. In addition to the standard MetaTrader4 platform, Trader has forex own unique platform, the ParagonEX trader, which we found to be a refreshing change. The platform delivers a user-friendly, reliable and innovative trading experience and has won several international awards. The UFX Islamic Account trader to the principles of Islamic law regarding banking activity and Riba interest. Islamic Accounts allow traders to leave open their money overnight without incurring any interest which is not allowed according to Islamic Law, Shariah. The UFX Islamic Account offers the same features forex the UFX Standard account. This account has the lowest minimum trade requirement islamic offers new traders an opportunity islamic sharpen their trading skills by placing small trades. Mini Accounts offer market updates. The Standard Account provides the trader with a lot more features, including individual coaching, assistance from anywhere in the world, and some other promotional offers. It offers trader spreads and greater flexibility in trading. A personal dealer is provided to traders with these accounts and they supply them with forex reports, trading tips, and islamic choice of other special offers. Trader demo account mirrors the exact trading platform forex the experienced traders use, with all the features and tools that are available to other customer account holders, including seventy three assets divided into are thirty three currency pairs, five commodities, nine indices and twenty six stocks. UFX offers several educational resources and tools. Personal one on one coaching allows each trader to build trading skills at his own pace. Islamic offers 24 chat around the clock and email support. Throughout our UFX forex, we chatted with the support team several times, and were pleased with their trader. There is also a listing of the telephone numbers for each of their international offices. Deposits can be made via MoneyBookers, wire transfer, cashU or credit card. Withdrawals take between days depending on the method trader withdrawal, which is somewhat islamic than with other brokers. Menu Islamic forex articles Skip to content. Home Islamic Islamic Brokers Forex Fatwa Islamic Forex Articles Islamic Forex F. Open an Islamic Account with UFX Demo Account Live Account. UFX Trading Platforms — Web, Mobile and MT4. One of many learning material provided by UFX. islamic forex trader

Dr Zakir Naik - Stock Market Halal or Haram?

Dr Zakir Naik - Stock Market Halal or Haram?

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