Best Is Cryptocurrency Trading Halal Guide
Is Cryptocurrency Trading Halal
Is Currency trading permissible or forbidden under Islamic law?
Currency trading is considered one of the important banking activities, especially in commercial dealings that govern major markets in financial transactions.
The fact that currency trading is halal or forbidden is an important question for many Muslims who are interested in currency trading and investing in the stock exchange and trading platforms.
Halal or not Halal
Currency trading is the basis of work of many, especially through Forex trading that takes place over the Internet, during which the interest due on the difference between two currencies is paid for a limited grace period up to the second day.
There are some Forex companies that follow the Islamic Sharia approach to currency trading, and thus all its dealings are based on the abolition of interest completely to avoid any suspicion of usury.
Despite this, some claim that the Islamic suspicion of usury affects all Forex dealings.
Usury is of course an activity that Islam forbids, no matter what interpretation you take. This means that any trade or contract that contains any form of interest is considered Haram (sin).
Eventually, online brokers ended up giving in to the most insistent demands, especially from Muslim traders, by offering a Halal alternative, with Islamic Forex trading accounts.
These operate without interest and thus fully adhere with Islamic Sharia law.
Of course, anyone who knows how the stock market works understands that this is a major problem.
Without interest, it becomes virtually impossible to generate profit. In fact, there is a smart solution to this problem.
In order to successfully follow Muslim principles in the cryptocurrency trading world, it is enough to replace interest with reductions in brokerage fees.
For some imams, this practice is window dressing, but the majority accept this method, and this is what interests us in this context.
Is Bitcoin Trading Gambling?
Bitcoin, is a digital currency and a global payment system which could be compared to traditional currencies like the USD or the British pound.
Although Bitcoin is often compared to fiat currencys their are many essential differences, most notably: that this money is a fully digital currency that transactions over the Internet only with no physical existence.
Bitcoin is more famous than other monies like Ripple and Ether, and Bitcoin is known as the first decentralized digital money, since it's a system that operates without a central location, country or institution.
In other words, Bitcoin differs from conventional monies in because of the absence of a central regulatory body supporting or institution owning it.
On the other hand, another major argument is that Muslims enter the speculative market only when they are certain of the success of the trade.
In other words, it would involve the use of several elements of fundamental and technical analysis that would cause the trader to position himself in a certain way.
In fact, in the world of trading, there are many ways to secure some form of income, but it comes at the cost of a lot of the capital to be earned.
How is cryptocurrency trading different from gambling?
First, we can start by saying that for Islam it is quite natural for all adults to seek to improve their financial situation.
In addition, again according to Islam, life itself contains a certain degree of uncertainty and it is enough to see the challenges that the world imposes on us to realize it.
In order to overcome all the trials that life puts our way, we are going to need to equip ourselves with intelligence and skills.
Even if we cannot be sure of anything, it is by basing ourselves on our cognitive abilities that we will be able to maximize our chances of success.
It becomes apparent that the business of trading is not that different, especially when it comes to uncertainty.
What is clearly prohibited in Islam is gambling, even if it is played for fun.
All forms of gambling are clearly Haram in Islamic Sharia, and in the eyes of many, the same is true of trading, because of its unpredictability.
When comparing cryptocurrency trading to gambling, it is obvious that the difference exists mainly in the level of speculation and the risks involved.
In this regard, Imams examined the correlation and concluded that if speculation is acceptable only when it is based on factual and calculable elements.
In other words, you should only practice trading when you have a good foundation for your fundamental study.
Is Cryptocrrency Trading Halal Final Thoughts
Before we say something, we first need to stress that this article is not a religious guide.
Indeed, in Islam, only Imams who have completed specific studies have the right to say whether this activity is, in fact, Halal.
However, we have collected as much information as possible to enable you to form your own opinion on this subject, especially if you are considering entering the Forex trading market.
From our research, we have concluded that many see that, under the right circumstances, Islamic cryptocurrency trading is acceptable and Halal.
However, it is certain that many others do not see it that way. Besides, everyone knows that the most conservative Imams have no sympathy for any and all forms of trading.
In the end, it will all depend on your own interpretation and your approach to the subject and you can make up your own mind by learning all the basics of trading.
We believe that this activity remains an excellent alternative, especially for the more moderate.
We've collected thousands of datapoints and written a guide to help you find the best Is Cryptocurrency Trading Halal for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best is cryptocurrency trading halal below. You can go straight to the broker list here.
Reputable Is Cryptocurrency Trading Halal Checklist
There are a number of important factors to consider when picking an online Is Cryptocurrency Trading Halal trading brokerage.
- Check your Is Cryptocurrency Trading Halal broker has a history of at least 2 years.
- Check your Is Cryptocurrency Trading Halal broker has a reasonable sized customer support of at least 15.
- Does the Is Cryptocurrency Trading Halal broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Is Cryptocurrency Trading Halal broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Is Cryptocurrency Trading Halal broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Is Cryptocurrency Trading Halal can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Is Cryptocurrency Trading Halal.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Is Cryptocurrency Trading Halal.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Is Cryptocurrency Trading Halal of 2020 compared
Here are the top Is Cryptocurrency Trading Halal.
Compare Is Cryptocurrency Trading Halal min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are is cryptocurrency trading halal. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more is cryptocurrency trading halal that accept is cryptocurrency trading halal clients
| Broker |
eToro
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XTB
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City Index
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Plus500
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EasyMarkets
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SpreadEx
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Markets.com
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IG
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AvaTrade
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Admiral
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FXPro
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB), Dubai Financial Services Authority (DFSA) |
| Min Deposit | 200 | No minimum deposit | 25 | 100 | 100 | 1 | 250 | 200 | 250 | 200 | 100 |
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| Used By | 12,000,000+ | 250,000+ | 14,000+ | 15,500+ | 142,500+ | 10,000+ | 10,000+ | 239,000+ | 200,000+ | 10,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with cityindex |
Sign
Up with plus500 |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with marketscom |
Sign
Up with ig |
Sign
Up with avatrade |
Sign
Up with admiralmarkets |
Sign
Up with fxpro |
| Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75% of retail investor accounts lose money when trading CFDs with this provider | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Your capital is at risk | Losses can exceed deposits | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk |
| Demo |
eToro Demo |
XTB Demo |
City Index Demo |
Plus500 Demo |
easyMarkets Demo |
SpreadEx Demo |
Markets.com Demo |
IG Demo |
AvaTrade Demo |
Admiral Markets Demo |
FXPro Demo |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US, IN, PK, BD, NG , ID, BE | US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US | US, TR | RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR | US, BE, FR, IN, IL, PL, ZW | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, JP, SG, MY, JM, IR, TR | US, IR, CA |
All Is cryptocurrency trading halal in more detail
You can compare Is Cryptocurrency Trading Halal ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Is Cryptocurrency Trading Halal for 2020 article further below. You can see it now by clicking here
We have listed top Is cryptocurrency trading halal below.
Is Cryptocurrency Trading Halal Table of Contents
- Is Cryptocurrency Trading Halal Explained
- 6 Factors to Consider when Choosing Is Cryptocurrency Trading Halal
- Are Your Is Cryptocurrency Trading Halal Trusted And Established?
- Are The Is Cryptocurrency Trading Halal World Leading?
- What are the Is Cryptocurrency Trading Halal Commissions and Fees?
- What are the Is Cryptocurrency Trading Halal Funding and Withdrawl Methods?
- Find Is Cryptocurrency Trading Halal with Round-the-clock support?
- Make sure the Is Cryptocurrency Trading Halal Offer Comprehensive Trader resources?
- Why do Is Cryptocurrency Trading Halal need to be regulated?
- Is Cryptocurrency Trading Halal FAQ
- What are the best Is cryptocurrency trading halal brokers?
- What is the best Is cryptocurrency trading halal broker?
- Related Is Cryptocurrency Trading Halal Reviews
- Related Is Cryptocurrency Trading Halal Alternatives
- Related Is Cryptocurrency Trading Halal Comparisons
Is Cryptocurrency Trading Halal Explained
Trading the financial markets with Is Cryptocurrency Trading Halal when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Is Cryptocurrency Trading Halal is the platform that a Is Cryptocurrency Trading Halal offer.
Choose Is Cryptocurrency Trading Halal that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Is Cryptocurrency Trading Halal that you can rely on.
6 Factors to Consider when Choosing Is Cryptocurrency Trading Halal
Follow these five rules for selecting a broker that's right for you:
Are Your Is Cryptocurrency Trading Halal Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Is Cryptocurrency Trading Halal broker is eToro. Established in 2006, and in operation for 12 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
|
XTB
|
City Index
|
Plus500
|
EasyMarkets
|
SpreadEx
|
| Year Established | 2006 | 2002 | 1983 | 2008 | 2001 | 1999 |
| Head Office | Cyprus, UK | Poland | UK | Israel | Cyprus, Australia | UK |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) |
| Used By | 12,000,000+ | 250,000+ | 14,000+ | 15,500+ | 142,500+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | No |
| Guaranteed Stop Loss | No | No | Yes | No | Yes | Yes |
| Learn More | Visit eToro | Visit XTB | Visit City Index | Visit Plus500 | Visit easyMarkets | Visit SpreadEx |
| Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75% of retail investor accounts lose money when trading CFDs with this provider | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Your capital is at risk | Losses can exceed deposits |
Are The Is Cryptocurrency Trading Halal World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Is Cryptocurrency Trading Halal is XTB . XTB Segregates clients funds and offers over 4000 instruments.
| Broker |
eToro
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XTB
|
City Index
|
Plus500
|
EasyMarkets
|
SpreadEx
|
| Instruments Available | 2000 | 4000 | 12,500 | 2,500 | 200 | 15,000 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US | US |
| Forex pairs offered | 50 | 50 | 100 | 100 | 150 | 55 |
| Forex pairs offered | 50 | 50 | 100 | 100 | 150 | 55 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 0 | 21 | 26 | 17 | 12 | 16 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | Yes | Yes |
| Stocks Offered | 957 | 1696 | 4500 | 1816 | 52 | 1000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Is Cryptocurrency Trading Halal Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Is Cryptocurrency Trading Halal broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 200.
Another top rated Is Cryptocurrency Trading Halal broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
| Broker |
eToro
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XTB
|
City Index
|
Plus500
|
EasyMarkets
|
SpreadEx
|
| Min Deposit | 200 | 0 | 25 | 100 | 100 | 1 |
| Withdrawl Fees | Yes | varies | Varies | No | No | 0, minimum £50 |
| Inactivity Fees | Yes | No | Yes | Yes | No | No |
| Deposit Fees | No | No | Varies | No | No | No |
| CFD Commission Fees | No | Yes | 0.0015 | No | No | No |
What are the Is Cryptocurrency Trading Halal Funding and Withdrawal Methods?
When dealing with Is Cryptocurrency Trading Halal having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
XTB
|
City Index
|
Plus500
|
EasyMarkets
|
SpreadEx
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | No |
| Skrill | Yes | Yes | No | Yes | Yes | Yes |
| Payoneer | No | Yes | Yes | No | No | Yes |
| Neteller | Yes | Yes | No | No | Yes | No |
Find Is Cryptocurrency Trading Halal with Round-the-clock support?
Customer service is very important when dealing with Is Cryptocurrency Trading Halal.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Is Cryptocurrency Trading Halal customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
eToro and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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XTB
|
City Index
|
Plus500
|
EasyMarkets
|
SpreadEx
|
| Support |
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| Languages | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, German, Arabic, Polish, and Chinese | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, German, Arabic, Chinese, Spanish and Polish | English |
| Learn More | Visit eToro | Visit XTB | Visit City Index | Visit Plus500 | Visit easyMarkets | Visit SpreadEx |
| Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75% of retail investor accounts lose money when trading CFDs with this provider | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Your capital is at risk | Losses can exceed deposits |
Make sure the Is Cryptocurrency Trading Halal Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Is Cryptocurrency Trading Halal need to be regulated?
A regulated Is Cryptocurrency Trading Halal broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Is Cryptocurrency Trading Halal brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Is Cryptocurrency Trading Halal List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account 0 Commissions Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account