The company is engaged in forex trading in nearly 150 countries. Easy Markets provide convenient products and customer service for all its forex customers. The company provides trading platforms for both forex and commodities from desktop, mobile and tablets. The company is at the forefront of technological innovations, and also brings the latest innovations in forex trading to its customers. Forex accounts either receive or are charged a fixed rate of interest when a trader holds a position overnight.
Whether an account accouht or is charged a rate of interest depends on the borrowing costs for the two quoted currencies, though many brokerages add in an extra charge to cover the costs of financing a position overnight. Islamic tenets prohibit the payment or receipt of interest and this is why SGT Markets has made the opening of a Shariah-compliant, swap-free account easy for observant Muslims.SGT Markets Islamic accounts are different from regular Forex and CFD accounts because overnight interest (also referred to as swap or rollover) is never credited to or debited from Islamic accounts.
Overnight interest originates from the difference between the interest rates of the currencies or assets being traded.When traders buy one currency and sell fforex, a swap rate is created because the interest rates of the underlying currencies are not identical. TradingAt XM we offer both Micro and Standard Accounts that can match the needs easy forex islamic account updater novice and experienced traders with flexible trading islakic and leverage up to 888:1.We offer a range of over currency pairs and CFDs on precious metals, energies, equity indices and individual isalmic with the most competitive spreads and with the no rejection of orders and re-quotes execution of XM.
PlatformsStart trading the instruments of your choice on the XM MT4 and MT5, available for both PC and MAC, or on a variety of mobile devices. TradingAt XM we offer both Micro and Standard Accounts that can match the needs of novice and experienced traders with flexible trading conditions and leverage up to 888:1.We offer a range of over 55 currency pairs, precious metals, energies and equity indices.
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