What is the ruling on daily online forex trading in currencies, while avoiding interest and not holding overnight positions?

The prohibition of Forex trading is not inherent in the trade itself, but rather due to the prohibitions it entails. If these are avoided and the Sharia-compliant regulations for currency exchange are observed, along with their stipulated conditions, then there is no objection. If there is no actual قبض (possession/seizure), then constructive possession (القبض الحكمي) takes its place. Therefore, if this type of possession is found, along with the other regulations, then there is no objection to trading currencies via Forex.