IC Markets
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
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True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.
NFA- and FCA-regulated with strong US/UK coverage, transparent historical pricing, and excellent research.
What this means
Islamic (swap-free) accounts comply with Sharia law by removing overnight interest charges (rollover fees) on open positions. Instead, brokers may charge a fixed administration fee for holding positions beyond a certain time. These accounts are available to traders of all faiths.
When comparing Islamic / Swap-Free Accounts brokers, prioritise regulatory standing, pricing, platform reliability, and customer support. Our list ranks brokers by overall rating across all these criteria.
We currently list 44 forex brokers with Islamic / Swap-Free Accounts. The full list above is sortable by rating, spreads, and minimum deposit.
Islamic / Swap-Free Accounts can be appropriate for beginners depending on your goals. We recommend opening a demo account first so you can explore the feature risk-free before committing real capital.
Regulation varies by broker. All brokers in our list display their primary regulatory authority. Always verify a broker's licence directly with the regulator's official register before depositing funds.
Choose a broker from the list above, click through to their full profile, and compare pricing, platforms, and regulation. Most brokers offer a free demo account, so you can test the platform before depositing.
Each broker on this page has been chosen for its availability of genuine Islamic or swap-free forex accounts that fully comply with Sharia law, which prohibits interest-based overnight charges. Quality in this category means that swap-free status must extend to all major forex pairs with zero overnight rollover fees applied under any conditions, no hidden administrative charges replacing the swaps, and strict segregation of Islamic and standard account types. Many brokers require pre-approval or set time limits on swap-free accounts, so Muslim traders should verify both duration allowances and the broker’s documented policy before funding an account.
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