Can I open an Islamic (Sharia-compliant) account on Quotex?
Many traders are concerned about the possibility of opening an Islamic account that adheres to Sharia principles. Let’s clarify this topic.
What is an Islamic account?
Islamic accounts, also known as swap-free or halal accounts, are designed to comply with Islamic banking principles. Specifically, they exclude the charging of swaps (overnight interest fees), which may contradict Sharia norms.
Are Islamic accounts available on Quotex?
Currently, Quotex does not offer a separate account type such as an “Islamic account” or “swap-free account.”
Why?
The company believes that its services do not contradict Islamic banking principles. Trading on the Quotex platform does not involve swaps or interest fees, thus eliminating the need for a separate account type to comply with Sharia norms.
What if I have more questions?
If you have specific questions regarding this topic, it is recommended to contact Quotex support. Specialists are ready to provide additional information and clarification.
⚠️ You can contact support by creating a request via the following link: https://qxbroker.com/en/support/create
Quotex strives to provide transparent and fair conditions for all traders.