WikiFX

Sagot

Based on my review of Mad Gain, I did not find clear evidence that a swap-free or Islamic account option is available. As an experienced trader, I make it a priority to look for transparency regarding account types—especially for features like swap-free accounts that are essential for clients whose beliefs prohibit paying or earning interest on overnight positions. Mad Gain is relatively new, with only 1-2 years in operation, and although it claims US regulation through FinCEN, it is flagged for a suspicious scope of business and poses a medium potential risk. For me, the lack of publicly available and verifiable information specifically about Islamic or swap-free accounts is a significant concern. In the forex industry, responsible brokers typically outline this option plainly on their website or in their account documentation. When this information is missing, I exercise extra caution. Before committing any funds or making trading decisions with Mad Gain, I would strongly recommend directly contacting their support for written clarification, and awaiting confirmation before considering them for swap-free trading needs. Until such confirmation is received, I would not assume that Mad Gain meets the requirements for Islamic accounts.