From now on we Elev8
We're more than just a broker. We're an all-in-one trading ecosystem—everything you need to analyse, trade, and grow is in one place. Ready to elevate your trading?
Why is trading halal with Elev8?
Muslim traders usually require special trading conditions to align their experience with the religious demands of Islam. In response to these demands, we have designed our trading platform to be halal by adhering to the three key principles of Sharia-compliant trading: no riba, no maysir, and no gharar.
No riba
(interest)
All our accounts are swap-free, so you do not pay or receive any interest. Moreover, you do not pay any fees or commissions, only actual market-driven spreads starting from 0.6 pips.
No maysir
(gambling)
We do not offer any games of chance: you always trade on real markets with actual prices. With some effort, you can learn to better predict their behaviour and build your skills for better financial outcomes. On our part, we offer a free educational database to help you grow.
No gharar
(excessive risk)
While trading is inherently risky, we help you avoid excessive risk. To protect you from market volatility, we offer negative balance protection so you won't be able to get into debt. Moreover, we allow you to set any leverage rate from 1:1000 to 1:1 to control your risk exposure.