Forex Brokers with Islamic (Swap-Free) Accounts
Regulated brokers that offer swap-free accounts, ordered by Dossier 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 Dossier Score. Measured trading cost is not part of the ranking yet. Methodology.
| Broker | Dossier Score | Entity serving you | Min. deposit | Platforms | Actions |
|---|---|---|---|---|---|
| 1 eToro Founded 2007 Listed | 56 | eToro (Seychelles) Ltd FSA Seychelles #SD076 Tier 3 (offshore) | $50 | Own platform | Review Visit siteAffiliate link |
| 2 Pepperstone Founded 2010 | 54 | Pepperstone Markets Limited SCB #SIA-F217 Tier 3 (offshore) | $0 | MT4MT5cTraderTradingView | Review Visit siteAffiliate link |
| 3 AvaTrade Founded 2006 | 50 | Ava Trade Markets Ltd BVI FSC #SIBA/L/13/1049 Tier 3 (offshore) | $100 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 4 XTB Founded 2002 Listed | 50 | XTB International Limited FSC Belize Tier 3 (offshore) | $0 | Own platform | Review Visit siteAffiliate link |
| 5 Admirals Founded 2001 | 48 | Admirals SC Ltd FSA Seychelles #SD073 Tier 3 (offshore) | $100 | MT4MT5 | Review Visit siteAffiliate link |
| 6 ThinkMarkets Founded 2010 | 48 | TF Global Markets Int Limited FSA Seychelles #SD060 Tier 3 (offshore) | $0 | MT4MT5TradingViewOwn platform | Review Visit siteAffiliate link |
| 7 Vantage Founded 2009 | 46 | Vantage Global Limited VFSC #700271 Tier 3 (offshore) | $50 | MT4MT5TradingViewOwn platform | Review Visit siteAffiliate link |
| 8 Exness Founded 2008 | 42 | Exness (SC) Ltd FSA Seychelles #SD025 Tier 3 (offshore) | $10 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 9 HFM Founded 2010 | 42 | HF Markets (Seychelles) Ltd FSA Seychelles #SD015 Tier 3 (offshore) | $0 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 10 FxPro Founded 2006 | 40 | FxPro Global Markets Ltd SCB #SIA-F184 Tier 3 (offshore) | $100 | MT4MT5cTraderOwn platform | Review Visit siteAffiliate link |
Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.
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.