Orient Financial Brokers / Liars and Unresponsive
At the time of opening CFD account they clearly told me that there is no interest on margin trading as their product is Sharia compliant, but later on they kept charging me the interest, clearly written as interest charges on the statements. When I asked, the broker first tried to deceive me by insisting that it's not interest but maintenance charges, although when failed to fool me, he accepted and apologized that it was his mistake and that it's interest from the platform provider.
My advice for all those interested in CFD trading, there are so much cheaters in UAE market, never accept any statement verbally, take a written evidence of it. Also carefully read the terms and conditions before signing the form. Always fill the form yourself, do not let them fill and never sign an unfilled form.