WikiFX

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In my experience as a trader focused on due diligence and risk management, I approached Derayah with the expectation that a Saudi-based broker might prioritize Sharia-compliant options, such as swap-free (Islamic) accounts. However, after thoroughly examining all available information, I didn’t find any clear mention or confirmation of a swap-free or Islamic account feature at Derayah. What I did see was that the broker provides access to both conventional and Sukuk (Islamic) bonds, which reflects some awareness of regional preferences and Sharia compliance in their investment products. Still, Sukuk are investment instruments, not indicators of derivatives trading conditions or swap policies. Given that Derayah is unregulated by any well-known financial authority, I remain highly cautious about assuming the presence of such a critical account feature without direct, transparent disclosure. For me, the lack of explicit information about swap-free accounts, especially on a regional broker’s official offerings, is a point of concern. When considering any broker, particularly unregulated ones, I prioritize clarity around account types and all associated costs and practices. In summary, based on the evidence currently available, I cannot confirm that Derayah offers a swap-free account, and I would urge anyone with specific Islamic trading needs to seek unequivocal written confirmation from the broker before proceeding.