cTra​der an​noun​ce the su​pport of Sha​riah Co​mpliant (Swap Free) accoun​ts from all cTra​der pla​tfor​ms and are able to be offe​red by all bro​kers who offer the po​pu​lar fo​rex and CFD tra​ding pla​tform. Now tra​ders can de​ci​de when crea​ting a demo account if their account shou​ld be made Swap Free. The fun​ctio​na​li​ty has been de​si​g​ned to meet all of the re​qui​re​men​ts of Sha​riah Law and the prin​ci​ples ar​ti​cu​la​ted for "Isla​mic fi​nan​ce". "After exten​sive re​sear​ch along with the help and su​pport of our clien​ts we have been able to crea​te and in​tro​du​ce a Sha​riah Co​mpliant, Swap Free account type whi​ch allo​ws cTra​der bro​kers to offer tra​ding accoun​ts to their Isla​mic clien​ts. This fun​ctio​na​li​ty is avai​la​ble from cTra​der na​tive​ly" Ja​mes Glyde, Head of Bu​si​ne​ss Deve​lo​pment The cTra​der Swap Free account type is an attri​bu​te of a tra​ding account and does not re​qui​re the bro​ker to crea​te in​divi​dual grou​ps spe​ci​fi​ca​lly for Isla​mic tra​ders whe​re they cou​ld impo​se hi​g​her sprea​ds or co​mmi​ssions si​mply to re​cu​pe​ra​te spe​cu​la​tive Swap char​ges in​cur​red the​mse​lves and make up for mi​ssed reve​nues. This fun​ctio​na​li​ty allo​ws Isla​mic tra​ders to re​ceive all other tra​ding con​di​tions as pro​mo​ted for their bro​ker’s cla​ssic and pre​mium account types. The main point of this fea​tu​re is to en​su​re Isla​mic tra​ders will never have to fa​ctor sub-par con​di​tions into their stra​te​gies or be re​stri​cted by a li​mi​ted ran​ge of mar​ke​ts due to their fai​th. For bro​kers who are con​cer​ned with the risk of over​ni​g​ht swa​ps ar​bi​tra​ge an option to char​ge a fi​xed dai​ly admi​ni​stra​tion fee exi​sts after a pre​de​fi​ned gra​ce pe​riod. This is a co​mple​te​ly fle​xi​ble and optio​nal se​tting for bro​kers who wish to use it, mea​ning it only exi​sts to pro​te​ct bro​kers in accor​dan​ce with their bu​si​ne​ss ope​ra​tions. All fees are fu​lly di​sclo​sed to users via the cTra​der pla​tfor​ms hi​g​hly de​tai​led and in​for​ma​tive UI. "Than​ks to the de​tai​led fee​dba​ck of our clien​ts and their lo​cal re​pre​sen​ta​tives for the MENA re​gion this fun​ctio​na​li​ty is alrea​dy in line with the ma​jo​ri​ty of our client’s po​li​cies, mea​ning they will be ro​lling out Swap Free cTra​der accoun​ts in no time." Ja​mes Glyde, Head of Bu​si​ne​ss Deve​lo​pment