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The following decisions were made:. Based on the in-depth research conducted, the Discourse has found that individual spot forex electronic transactions contain elements of usury riba in the imposition of rollover interest, resemble a sale contract with credit term by way of leverage, is ambiguous forex online analytics terms of the transfer of the possession of items exchanged between the parties, include the sale of currency that is not in possession as well as speculation that involves gambling. Furthermore, it is also illegal under the laws of Malaysia. In relation to the above, the Discourse has agreed to decide that the hukum islam main forex individual spot forex electronic transactions are prohibited as they are contrary to the precepts of the Shariah and are illegal under Malaysian law. Therefore, the Muslim community is prohibited from engaging in forex transactions such as these. The Discourse also stressed that the decision made is not applicable to foreign currency exchange operations carried out at licensed money changer counters and those handled by financial institutions that are licensed to do so under Malaysian law. Click here to view.

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Loyal forex broker

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I am a new trader and going with loyal forex as my first broker made things easier. They have metatrader, and support that is top. I am dealing in large lots and am a professional trader for 8 years. I have no problem with this broker as requotes are few, execution is good and they still offer me leverage when I am trading with 10k or more. You can try them yourself and see they are fine. They are a pretty reliable broker. At this particular time, I have experience with several different brokers.

Loyal Forex is by far my broker of choice. They deliver on their promotions, and their customer service is friendly and professional, and their software is easy to manage. I am delighted I opened an account with this broker and hope things stay this good, not one requote. The live trading was exactly as the demo and I am able to scalp easily.

I have been with LF since they were an IB long ago, their service is top-notch, spreads are great. You have a real happy customer guys, keep it up. What Is Forex? Please disable AdBlock or whitelist EarnForex. Thank you! EarnForex Forex Brokers. US Traders.

MetaTrader 4 Limited with 14 days. United States dollar. Nevis Financial Services, C Email Live chat Web form. Trailing stop Pending orders One-click trading Mobile trading Automated trading. MetaTrader 4. Show history Hide history. Check whenever you want Download App for complete information. Download on the App Store.

Download on the Android. Download on the Google Play. Scan to Download. No content No data. Load failure Load failure. VR Field Survey. Agree and Continue. What is pyramid scheme complaint? With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!

Report immediately. Report This Platform. Related Photos. Confirm to Submit. Submit successfully! License 0. Business 5. Risk Manag 0. Regulatory 0. Software Index 4. Software Index. Wikifx rating Description Rating. Great AAA.

Excellent AA. Good A. Average B. Poor C. Worst D. Trade rating of WikiFX was based on WikiFX investigating system, which detect how the investors from worldwide query platforms trade their foreign exchanges, and exclusive data model, which was created by a professional team of forex brokers identification. For your convenience, WikiFX adopts the following rating system, along with rating instructions. Note: WikiFX reserves the right of final interpretation for the content hereinabove.

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