Why is Forex Trading Halal with MT?
Most Muslim traders require special trading conditions to align their experience with the religious demands of Islam. In response to these demands, we have designed our trading platform to be 100% halal in relation to the three key aspects of Sharia-compliant trading: no riba, no maysir, and no gharar.
All our accounts are completely swap-free: you do not pay or receive any interest. Moreover, you do not pay any fees or commissions, only actual market-driven spreads starting from 0.6 pips.
We do not offer any games of chance: you trade real assets on a real market. With some effort, you can learn to better predict its behaviour and improve your skills for better financial outcomes. On our part, we offer a free educational database to help you grow.
While trading is inherently risky, we help you avoid excessive risk. To shield you from market volatility, we offer negative balance protection so you won't be able to get into debt. Moreover, we allow you to set any leverage rate from 1:1000 to 1:1 to control your risk exposure.
