Abstract:XM, a leading broker in the financial industry, has established a strong presence in the Middle East and North Africa over the past decade, catering to the religious and cultural needs of traders in the region.
XM, a leading broker in the financial industry, has established a strong presence in the Middle East and North Africa over the past decade, catering to the religious and cultural needs of traders in the region. The Islamic Sharia law prohibits the accumulation of interest, so Muslim traders require swap-free accounts where they don't need to pay or earn swaps. As a global broker with clients from over 190 countries, XM has localized its products and services to cater to the different needs of clients around the world.
XM offers competitive Islamic accounts that can be applied to all offered account types and used on any of the trading platforms, including the award-winning XM app. The Islamic accounts are fully optimized to offer swap-free trading without changing any other conditions, giving the account holder equal opportunities to trade with tight spreads, flexible leverage, and no additional charges. XM upholds strict ethical responsibility to remain transparent with no hidden terms or conditions, including swap-free accounts, ensuring traders know exactly what to expect and have complete peace of mind that their account is truly and permanently Islamic.
The process of opening an XM Islamic account is user-friendly, taking only a few minutes to open and verify a live trading account. Once the account is verified, traders can swiftly request swap-free status through the Members Area. This enables traders to benefit from the low spreads of an Ultra-Low account while also enjoying the margin trading bonuses of a Standard account.
XM is well-known for its extensive educational resources, including webinars, video tutorials, articles, analyses, and daily live education. Together with the company's excellent customer care team, they create a solid foundation for traders to elevate their skills and take full advantage of their Islamic accounts.
Muslim traders are welcome to open an Islamic account with XM at any time. XM offers a range of services designed to cater to the specific needs of Muslim traders. By offering Islamic accounts, XM demonstrates its commitment to providing a diverse range of services and products to cater to clients' needs, regardless of their religion or culture.
In conclusion, XM offers competitive Islamic accounts that cater to the religious and cultural needs of Muslim traders in the Middle East and North Africa. The Islamic accounts are fully optimized to offer swap-free trading, allowing traders to trade with tight spreads, flexible leverage, and no additional charges. XM upholds strict ethical responsibility to remain transparent with no hidden terms or conditions, ensuring traders know exactly what to expect and have complete peace of mind that their account is truly and permanently Islamic. The process of opening an XM Islamic account is user-friendly, taking only a few minutes to open and verify a live trading account. XM's extensive educational resources and excellent customer care team create a solid foundation for traders to elevate their skills and take full advantage of their Islamic accounts.
Muslim traders are welcome to open an Islamic account with XM at any time, demonstrating XM's commitment to providing a diverse range of services and products to cater to clients' needs, regardless of their religion or culture.
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