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Nali5689
1-2 years

Does Galaxy Futures offer a swap-free (Islamic) account option for its traders?

Broker Issues
Galaxy Futures
Leverage
Account
Instruments
Platform
08-13
United States
WikiFX
Reply

As a trader who prioritizes risk management and regulatory assurance, I always look closely at a broker’s transparency and the clarity of its product offerings. In reviewing Galaxy Futures, I could not find any specific mention of a swap-free or Islamic account option. The available information primarily details their broad futures product range—such as commodities, metals, energy, and derivatives—and their licensing under the China Financial Futures Exchange, but it does not address the availability of swap-free accounts. For traders who require Sharia-compliant (swap-free) accounts, this is a critical point. In my experience, reputable brokers that truly support Islamic trading needs will clearly state swap-free account availability and provide full terms upfront. Galaxy Futures, however, focuses its account funding and withdrawal processes on bank transfers within set working hours, and the lack of information regarding account types or specialized Islamic features is a significant omission. This, combined with the restricted accessibility of their official website and a generally limited extent of client support channels, suggests to me that traders needing a swap-free account should proceed very cautiously. Given the lack of disclosed details, I cannot confirm that Galaxy Futures provides a swap-free or Islamic account at this time. For anyone whose trading is contingent upon these requirements, I recommend contacting the broker directly through their official email before considering any engagement. For me, the absence of upfront information on such a crucial offering always signals the need for extra due diligence.

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