Currency Trading

The Forex (foreign exchange) market has been the most exciting, fast-paced global decentralized market for currency trading. Buying, selling and exchanging currencies at current or determined prices comes under this aspect of market. Forex trading in the currency market had been the domain of large financial institutions, corporations, hedge funds, central banks and extremely wealthy individuals. The emergence of internet has brought revolution to the currency trading; it has made possible for all types of investors (high and average investors) to buy and sell currencies sitting at home and clicking a mouse through online brokerage accounts. Most of the currency pairs moves less than one cent per day, representing a less than 1% change in the value of the currency i.e. fluctuations of daily currencies are usually very tiny. Which makes forex one of the least volatile financial markets around the world. In today’s competitive world Foreign exchange has been the best opportunity for investors. It’s very simple that, to be successful trader must understand the basics behind the movement of currencies.

More info: https://5starsforex.com/

No Fees on Bank Wire Transfer

5Stars Forex pay all fees on deposits and withdrawals through Bank wire transfer. We refund all the fees charged on wire transfers over $500 to your trading account.

Minimum deposit needed to cover fees is $500. The entire bonus which is equal to the amount of your fee will be immediately added to your equity. There are no terms for this, you can withdraw all the amount you have on your account. No end of date and no limitation on depositing fund on this promotion i.e. fee charged on you will be returned to your account over and over again on your deposit.

Also we provide free wire transfer fee coverage for withdrawal. Minimum withdraw you need to do is $500. Traders must trade minimum 10 standard lots and all transaction fees will be covered by 5Stars Forex twice a month.

Islamic Account

Islamic trading account permit clients of Islamic region to trade on swap free accounts with no any extra charge or fee.

Clients of Islamic region can open and close positions at any time with 5stars forex platform without being constrained to holding them for a defined period.

Our ‘No Riba’ policy enables eligible clients to keep their trading positions opened for an unlimited amount of time without having to suffer any charges or penalties from any kind whatsoever.

There’s no doubt that currency trading is one of the most difficult dilemmas in Islamic jurisprudence (Faqih). On the one hand, it requires the simultaneous exchange of currencies, which makes it a kind of hand to hand exchange. On the other hand, contemporary scholars consider the record of money transferred to or from a bank account as delivery. To resolve the issue, several decisions and fatwas have been issued.

Link: https://www.5starsforex.com/accounts/islamic-account.php

Currency Trading

The Forex (foreign exchange) market has been the most exciting, fast-paced global decentralized market for currency trading. Buying, selling and exchanging currencies at current or determined prices comes under this aspect of market. Forex trading in the currency market had been the domain of large financial institutions, corporations, hedge funds, central banks and extremely wealthy individuals. The emergence of internet has brought revolution to the currency trading; it has made possible for all types of investors (high and average investors) to buy and sell currencies sitting at home and clicking a mouse through online brokerage accounts. Most of the currency pairs moves less than one cent per day, representing a less than 1% change in the value of the currency i.e. fluctuations of daily currencies are usually very tiny. Which makes forex one of the least volatile financial markets around the world. In today’s competitive world Foreign exchange has been the best opportunity for investors. It’s very simple that, to be successful trader must understand the basics behind the movement of currencies.

More info: https://www.5starsforex.com