Global Broker Regulation Inquiry App
WikiFX
Chris hagerman
1-2 years

Does ADCB offer a swap-free (Islamic) account option for traders?

Broker Issues
ADCB
Instruments
Platform
Account
Leverage
08-23
United States
WikiFX
Reply

In my experience as a forex trader, when assessing brokers like ADCB, I always look closely at the account types and specific features offered, as these directly impact my trading decisions and risk management. According to the most recent broker information available to me, ADCB focuses primarily on providing individual and institutional brokerage accounts, such as Current & Savings Accounts, Etihad Guest Accounts, and Fixed Deposit Accounts. However, despite searching through their listed products and services, I have not found any clear indication that ADCB explicitly offers a swap-free or Islamic account tailored for traders who wish to avoid interest due to religious reasons. This absence is notable because swap-free (Islamic) accounts are commonly highlighted by regulated brokers when available, due to their importance for clients observing Sharia principles. The lack of transparent information on this feature, combined with warning signs about suspicious regulatory status and a high potential risk rating, is a concern for me from a trust and compliance perspective. In situations like this, I would advise caution and recommend directly confirming with ADCB’s official support whether a swap-free option is available, as relying solely on marketing claims without direct evidence could expose one to unforeseen costs or non-compliance with personal requirements. For responsible trading, such diligence is absolutely essential.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com