ANSWER Dear Investor,
Regarding whether SagewayFX offers Islamic accounts, we recommend contacting their customer service team directly to obtain the most accurate account information.
SagewayFX claims that its company, SagewayFX Limited, is regulated by the Mwali International Services Authority (MISA). We have verified this and confirmed that the SagewayFX platform's website is registered under this licensed entity. Therefore, SagewayFX is indeed a MISA-licensed broker and is subject to a certain degree of regulatory oversight.
However, please be aware that MISA is widely considered an offshore regulator with very weak oversight and limited investor protection. Holding this license does not necessarily mean the broker is under strict supervision; instead, it largely relies on the broker's own compliance and reliability.
Therefore, we advise you to remain vigilant and cautious when trading with such a broker, and always invest rationally to protect your financial security.
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