Salam to all muslim friends,
Most ulama making statement with believe that 'traders' really 'trade' in forex currency market. To make matter worst forex is traded without an exchange.
I wish to highlight to all muslim 'traders' out there about bucket shop. Bucket shop being around for almost 100 years. Most ulama does not aware about bucket shop. Bucket shop nowadays are called 'market maker'. Your position are not executed and never the leave the hard disk of your broker PC. Your position is not entering the forex market and what do we call that ?? That is not a trade; that is GAMBLING.
Forex is 'institutional'. To learn more about forex broker and structure go to this link
http://www.forexfactory.com/showthread.php?t=7484
The article is very long but try to read the thread thoroughly and you would know small amount of money never make it's way into forex market. So leverage and free swap is just another hoax.
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