Forex Brokers with Islamic (Swap-Free) Accounts
Regulated brokers that offer swap-free accounts, ordered by Trust Score.
An Islamic or swap-free account does not charge or pay overnight interest on open positions. The brokers below state that they offer one and hold at least one tier 1 or tier 2 licence.
What to check before choosing
Brokers recover the missing swap in other ways: an administration fee after a set number of nights, wider spreads, or limits on which instruments qualify. Ask for the exact terms in writing for the entity that would serve you. Whether an account meets your own religious requirements is a question for a qualified scholar, not for a broker or for us.
How this list is ranked: brokers must match the criteria above and hold at least one tier 1 or tier 2 licence. They are then ordered by Trust Score. Measured trading cost is not part of the ranking yet. Methodology.
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| 1 eToro Since 2007 · NASDAQ: ETOR | 56/99 | FSA Seychelles #SD076 eToro (Seychelles) Ltd | $50 | Own platform | Review Visit eToroOfficial site · we earn no commission here |
| 2 Pepperstone Since 2010 | 54/99 | SCB #SIA-F217 Pepperstone Markets Limited | $0 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Review Visit PepperstoneOfficial site · we earn no commission here |
| 3 AvaTrade Since 2006 | 50/99 | BVI FSC #SIBA/L/13/1049 Ava Trade Markets Ltd | $100 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit AvaTradeOfficial site · we earn no commission here |
| 4 XTB Since 2002 · WSE: XTB | 50/99 | FSC Belize XTB International Limited | $0 | Own platform | Review Visit XTBOfficial site · we earn no commission here |
| 5 Admirals Since 2001 | 48/99 | FSA Seychelles #SD073 Admirals SC Ltd | $100 | MetaTrader 4, MetaTrader 5 | Review Visit AdmiralsOfficial site · we earn no commission here |
| 6 ThinkMarkets Since 2010 | 48/99 | FSA Seychelles #SD060 TF Global Markets Int Limited | $0 | MetaTrader 4, MetaTrader 5, TradingView, Own platform | Review Visit ThinkMarketsOfficial site · we earn no commission here |
| 7 Vantage Since 2009 | 46/99 | VFSC #700271 Vantage Global Limited | $50 | MetaTrader 4, MetaTrader 5, TradingView, Own platform | Review Visit VantageOfficial site · we earn no commission here |
| 8 Exness Since 2008 | 42/99 | FSA Seychelles #SD025 Exness (SC) Ltd | $10 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit ExnessOfficial site · we earn no commission here |
| 9 HFM Since 2010 | 42/99 | FSA Seychelles #SD015 HF Markets (Seychelles) Ltd | $0 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit HFMOfficial site · we earn no commission here |
| 10 FxPro Since 2006 | 40/99 | SCB #SIA-F184 FxPro Global Markets Ltd | $100 | MetaTrader 4, MetaTrader 5, cTrader, Own platform | Review Visit FxProOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.