Question about EO Broker and Sharia rules

[Marat Foster]

Hi everyone! I’m new to this and wanted to ask if EO Broker is actually okay to use? I want to make sure my trading stays halal. Is it safe for a Muslim to trade there?

 

[WoodNatalie]

It really comes down to what you’re doing on the app. Most scholars say trading is fine as long as you avoid interest (Riba) and gambling. The eo broker trading platform is basically just a tool, so the responsibility is on you to choose the right assets. Stick to cash/spot trading and stay away from anything that involves high leverage or hidden fees. If you’re unsure, it’s always best to check with someone who knows Islamic finance well!