Searching A - Book Brokers

[ImraanShaykh]

Hi,
I am a novice in the world of forex trading, still learning the ropes of the trade on demo accounts.

I read an article about A-Book Brokers and B-Book Brokers and was upset to know that someone who we thought as an ally in the forex game might be the one that rigging up the whole game against us.

I just wanted to know does anyone know any good A-Book Broker (or has a list) that offers swap free trading account (being of muslim faith I can't trade in interest), allows to trade micro lots and has tight spreads. I know this might seem like a stupid question to the experts, but to someone like me that is still learning the ropes of the trade, I can't afford to have my broker betting against me when I start trading with my hard earned money.

This might helpful to all the newbies that are losing their hard earned money.

 

[acertablet]

true A-Book broker will never offer swap free, reason below

https://www.investopedia.com/articles/forex/11/introduction-currency-swaps.asp

 

[ImraanShaykh]

true A-Book broker will never offer swap free, reason below

https://www.investopedia.com/articles/forex/11/introduction-currency-swaps.asp

Thanks for the answer.

But I think there must me some out there since if they weren't than they how are the Islamic nations trading in forex

 

[Irrelevant]

Maybe you have misunderstood what you are allowed to do. Forex by its very nature is money makes money. Interest etc is money making money. I fail to see the reasoning as its the same thing.