As salam alaykoum wa ramatoulah,
I live in France and Al hamdulilah I learned a lot and understood that some activities that I carried out were not in accordance with the Sharia (such as forex for example) and I ask Allah to bless all the people who have contributed to scientific research on this forum.
My question is about a European crypto trading platform: Stormgain
It offers to trade crypto pairs from any wallet (Bitcoin, USDT, LTC ETH, XRP …) So can use LTC to trading BTC/USDT pair. I don’t know if the platform make a conversion before the trade.
It is said that the platform does not take a trading commission. But a 10% share of the profit is taken from each winning trade.
The subtlety is that there is no margin call system. If I decide to invest $ 10 my position automatically closes after losing more than $ 10.
The platform offers leverage ranging from 5x to 500x (this depends on the crypto par). It is possible to position this for buying and selling.
Here are some screens concerning this platform:
Thank you everyone by advance,
Regards
