Is Forex Trading Allowed in Islam Halal or Haram – Fxclearing.com SCAMMERS!

https://www.fxclearing.com/ (FXCL) Markets Ltd. – Forex SCAMM Company! Be carefull!
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.


Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Base information about Fxclearing.com Forex SCAM company:

Real adress in Philipines and company name is:

Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/theimbachronicler
639776459387 / 639155292409

Lea Jean Belleza
Assistant
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/lj.r.belleza

James Tulabot
Team Leader
https://www.facebook.com/jamescuzy

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview
https://www.facebook.com/allennicanor.costales
639565914849

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
https://www.facebook.com/Kristoff225
639561355764

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
https://www.facebook.com/xanty.octavo
639171031948

Virgilito Dada
Account Manager
https://www.facebook.com/potsdada.antonio

Elton Danao
Sale Manager
https://www.facebook.com/eosnyssa
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

This broker FXCL also does provide traders with an opportunity to trade using a demo account and there is also an option of opening an Islamic account for the Muslim faithful. ReviewForex lists forex broker FXCL s, binary options and other platforms for users to rate. The broker FXCL unlike the most other forex broker FXCL s, offers their customer and traders at FXCL.com with support for 24/5 basis. Traders will realise that they can get information and assistance anytime as the support staffs are available 5 days a week. Contacting the customer support can be performed by means of email, live chat or by calling phone numbers directly. Adam FOREX SCAM Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch. A Forex broker FXCL provides traders with access to platforms that allow them to buy and sell foreign currencies and are also known as retail forex broker FXCL s or currency trading broker FXCL s. Retail currency traders in turn use these broker FXCL s to gain access to the 24-hour currency market for speculation purposes. Although relatively new to the Forex industry, FXCL seems to cover all the bases needed by eager Forex traders.

  • We are also studying about using blockchain technology to develop health care and well-being .
  • Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions.
  • The list includes CFD’s trading on equity indexes from the world’s largest economies.
  • Located in Cyprus, FXCL is registered and regulated by CySEC and the company also operates compliantly to The Markets in Financial Instruments Directive regulation.
  • A free demonstration account is also available which gives potential clients the opportunity to test the trading platform and try out a range of strategies without having to risk any of their own funds.

We are also studying about using blockchain technology to develop health care and well-being . With the rise in the popularity of cryptocurrencies, blockchain technology is also accepted widely. Bitcoin is the most traded cryptocurrency in the world and the bitcoin robots like the bitcoin prime are fetching good profits to the traders. They also developed web-based trading platform so that traders can use this platform without downloading any software only by using a web browser and internet connection. In stock trading, “short selling” refers to the practice of trying to profit from the decline in value in stocks.

Overview of FXCL Forex Trading Broker.

Traders willing to invest $ can open a Platinum account which also offers 24/5 support, videos and online webinars, news alerts, and dedicated account managers. This account requires a minimum deposit of $250, it uses a fixed spread starting from 3 pips and has a minimum order of 0.01. Trade over 50 Forex currency pairs like the ERU/USD, USD/GBP, JPY/USD and many more. If commodities are your thing try trading gold, silver, oil or natural gas. For traders looking for a more exiting experience, take and option on a volatile stock or a popular index like the Nasdaq or the DAX. If you want to ride the crypto trend you can trade Bitcoin, Ethereum, Ripple and more cryptocurrencies, all here on FXCL Trader.
fxcl scammers scammers
As we have moved into the area of stock trading, it is important to mention that there are important requirements of Islamic law in this area also. More and more Forex / CFD broker FXCL s are offering trading in individual stocks and shares, so Forex traders may find themselves trading stocks for the first time without really thoroughly considering the implications of these trades. On a minimal basis, Islamic Forex broker FXCL s can be used to trade, which should at least remove arguably all of the riba challenges. As we have seen, there are certain grey areas within this qualification that must be investigated deeply in good faith and conscience by anyone wishing to begin halal Forex trading with a Muslim Forex account.

Forex Trading – Halal or Haram Fatwa

Just like so many other reliable broker FXCL s, FXCL also uses software called MetaTrader 4. This very popular charting software gives traders many powerful tools to work with when analyzing market movements. The best thing about the MetaTrader 4 is the speed of analyzing and trading – with MetaTrader 4 you will always be able to take actions when necessary, which will increase your chances to win big time. It’s a web based trading platform that provides you with full access to market information from any internet connected device that supports a web browser. Its intuitive interface and comprehensive information will allow you to trade more efficiently and to focus only your trades completely. FXCL offers research options like newsfeeds, the latest financial information, daily market reviews and daily reports. Furthermore, fundamental and technical analysis provides traders with other information they may need. The account offers dedicated account managers, 24-hour support during the week, videos and online webinars as well as news alerts. The demo account offered at FXCL allows newbie traders to practice their trades without putting any money at risk and an Islamic account is available to Muslim traders worldwide. This account is free of overnight interest and commissions according to Islamic sharia law.
Is FXCL a Scam?
You may trade one type of currency for another (e.g. dollars for rupees), as long as you make sure that the exchange is made in the same meeting as when the contract is signed. Taking interest is strictly forbidden in Islam and there is no room for a ‘grey’ area in the matter. Hence, any currency trade transaction that involves ANY type of usury, is not allowed in Islam. For example, when you are dealing with the same kind of currency (e.g. dollar for dollar), the exchange needs to be of equal amounts (e.g. 1 dollar for 1 dollar). You cannot trade the same currency for different values (e.g. 1 dollar for 3 dollars) because that falls in the domain of riba. Each clock shows trading session and local time of a market it is referring to. With IFX24, it easy to trade and collateralize any top Ethereum tokens and blockchain assets to get interest-Free loans to accumulate more crypto-assets or to spend.

We have some information about owner of Fxclearing.com (FXCL) SCAM company and its may be resident of USA: Alex Teplitsky