Fact Checked by 
One of the main barriers facing Islamic forex traders is that overnight positions attract interest. The solution is simple – a swap-free account that doesn’t charge interest when keeping trades open past standard market hours.
This guide reviews the 10 best Islamic forex brokers for 2023. We rank the top Islamic trading platforms for safety and regulation, commissions and spreads, payment methods, supported pairs, and much more.
Our research shows that the best Islamic forex brokers for 2023 are as follows: The top 10 Islamic forex brokers listed above are reviewed in the following sections. Now let’s move on to our comprehensive reviews, where we take a much closer look at the Islamic forex brokers listed above. We examine minimum account requirements, spreads, available markets, payment methods, customer support, and other important metrics. Read on to choose the best Islamic trading account for your needs. Note: While the following reviews are accurate at the time of publication, things can change rapidly. Therefore, you’re advised to do your own due diligence before proceeding. In our view, eToro is the best Islamic forex broker to consider today. eToro offers a simple solution to overnight interest charges – swap-free accounts. In simple terms, this means that, unlike standard forex accounts, you won’t be charged interest on post-market positions. As such, you can keep your forex positions open for as long as you want without incurring interest. What’s more, eToro’s Islamic accounts offer interest-free leverage. Retail clients can apply leverage of up to 1:30 on major pairs. And 1:20 on minors and exotics. The minimum trade size is 0.01 currency lots. However, the main drawback with eToro’s Islamic accounts is the minimum deposit. While standard accounts require just $10, you’ll need to add at least $1,000. That being said, $1,000 amounts to 0.01 currency lots, so you won’t need to rely on leverage. Moreover, you can initially trade on the eToro demo platform before risking any capital. This mirrors live forex markets, but you’ll be trading with paper funds. In terms of fees, forex is traded on a spread-only basis. Ordinarily, eToro has a minimum spread of 1 pip on major forex pairs. However, wider spreads are likely when trading via an Islamic account. This is because eToro needs to absorb the interest it loses on overnight and leveraged positions. This is common practice across the best Islamic forex brokers in the market. Moreover, eToro doesn’t charge commissions or ongoing account fees. That said, a 0.5% FX fee is charged on non-USD deposits. If you’re depositing USD, no fees are applicable. Supported payment methods include Visa, MasterCard, Maestro, Neteller, PayPal, Skrill, and WebMoney. Bank wires are also supported. Now that we’ve covered payments and fees, let’s move on to eToro’s trading tools. It offers basic charts and technical indicators that will appeal to beginners. Conversely, experienced traders will find eToro too simplistic. eToro also offers financial news and trading sentiment on all supported forex pairs. If you don’t have any prior experience in trading forex, eToro has a solution. Its copy trading tool allows you to replicate a successful forex trader. For example, if your selected trader shorts EUR/USD and goes long on GBP/TRY, you’ll automatically enter the same trades. The minimum copy trading investment is $200. So, with a $1,000 deposit in your Islamic forex account, you could diversify across five different traders. In terms of safety, eToro is an established and regulated forex broker. Licenses have been issued by FINRA (US), FCA (UK), ASIC (Australia), and CySEC (Cyprus). Therefore, you can trade forex in a safe and heavily regulated environment. Moreover, as per FCA license guidelines, client funds are held in segregated bank accounts. eToro has over 30 million clients and it has been operational for more than 16 years. Pros Cons
76% of retail investor accounts lose money when trading CFDs with this provider. AvaTrade is one of the best Islamic forex brokers for low trading fees. Irrespective of what asset class you’re trading, you won’t pay any commissions. AvaTrade supports over 53 forex pairs, covering all majors and minors, plus a selection of exotics. However, when opening an Islamic forex account at AvaTrade, you won’t be able to access certain pairs. This included any current pairs that contain ZAR, TRY, RUB, or MXN. The reasons for this are not explained. Nevertheless, AvaTrade has a minimum deposit requirement of $100, which is also applicable to Islamic accounts. There are no deposit or withdrawal fees charged, irrespective of the currency. You can deposit funds instantly with a debit/credit card or e-wallet. Bank wires, although slower, are also supported. Like most Islamic forex accounts, AvaTrade doesn’t charge overnight financing interest. It also doesn’t charge interest on leveraged positions. However, it’s important to note that interest-free positions are only available for five days. After that, interest kicks in. AvaTrade offers leverage of up to 1:400, but lower limits are in place for certain traders. For example, EU clients can only trade forex with leverage of up to 1:30. The minimum spread on major forex pairs is 0.9 pips. However, AvaTrade charges premium spreads on Islamic accounts. The specific increases are not published, so you’ll need to keep an eye on this when trading. In addition to forex, AvaTrade supports many other asset classes. Within your Islamic account, you’ll also be able to trade oil, gold, silver, and indices without incurring interest. In terms of safety, AvaTrade is regulated in nine different countries – including the United Arab Emirates. Pros Cons
Trading CFDs and FX Options entails risk and could result in the loss of your capital. Pepperstone is another popular forex broker that offers swap-free accounts. The fundamentals are as follows; you won’t pay any interest on overnight or leveraged positions for the first five days of trading. If the position remains open past five days, an ‘admin’ charge applies. Although this isn’t explicitly ‘interest’, it’s open for interpretation. So you’ll need to make your own decision. Pepperstone’s swap-free accounts do not attract any trading commissions. The minimum spread is 1 pip on EUR/USD, which is competitive. Swap-free accounts come with a minimum deposit of $200. Supported account currencies include USD, EUR, GBP, and AUD. Other currencies can be deposited but will be converted. The minimum trade size on swap-free accounts is 0.01 lots and both scalping and hedging are permitted. Pepperstone offers leverage of up to 1:500, but this depends on which jurisdiction you fall under. Pepperstone is regulated by multiple tier-one bodies, including ASIC, FCA, and DFSA (UAE). In terms of markets, Pepperstone supports over 60 forex pairs. It also supports commodities, cryptocurrencies, stocks, ETFs, and indices. Pepperstone doesn’t have a native trading platform, but it does support cTrader, MT4, MT5, and TradingView. These third-party platforms are well-regarded in the forex space and each offers desktop software and mobile apps. Finally, Pepperstone accepts a wide range of payment methods, including Visa, MasterCard, PayPal, and bank wires. Pros Cons
75.6% of retail investor accounts lose money when trading CFDs with this provider. XTB is one of the best Islamic forex brokers for swing traders. The reason for this is simple; there are no time limits attached to interest-free positions. As such, you keep forex trades open for as long as you want without incurring interest. What’s more, XTB doesn’t charge trading commissions on any supported market. XTB advertises a minimum spread of 0.1 pips when trading forex. However, it’s likely that Islamic accounts are charged a wider spread to cover the lack of interest. XTB doesn’t publish these rates, which is a major drawback. XTB’s Islamic accounts offer leverage of up to 1:200. Once again, limits are dependent on your country of residence and which regulator you fall under. Islamic account holders also benefit from XTB’s cashback program. Every time you deposit or trade, you’ll automatically receive a small rebate. In terms of markets, XTB lists over 1,500 financial instruments. This includes 48 forex pairs, plus stocks, ETFs, commodities, indices, and cryptocurrencies. Another benefit of XTB is its native trading suite, xStation 5. xStation 5 comes as a web trading platform, but it’s also available as desktop software and a mobile app. Its platform offers technical indicators, chart drawing tools, and other useful features that will appeal to forex traders. While XTB is also one of the best MT4 brokers, this doesn’t extend to MT5. XTB also offers demo accounts, which enable you to test the broker before making a deposit. Pros Cons
Forex and CFDs are leveraged products and can result in losses that exceed your deposits. Please make sure you fully understand all risks. IC Markets is a multi-asset broker that supports dozens of forex pairs. It offers a swap-free account that will appeal to Islamic traders. Instead of paying interest on overnight positions, you’ll be charged a flat commission. IC Markets claims that this is compatible with Islamic beliefs, as interest isn’t being debited or credited from the account. The commission is charged for each day the trade remains open and varies widely depending on the pair. For example, USD/HKD and EUR/DKK are charged $5 per traded lot. At the other end of the scale, USD/TRY is charged $50. Therefore, you’ll need to build these costs into your trading targets. What’s more, swap-free trading is also offered on metals and indices. IC Markets is also one of the best Islamic forex brokers for spreads. Major pairs like EUR/USD come with a minimum spread of 0.0 pips. This is because you’re getting raw spread pricing and paying a flat daily commission. Just remember – if you close a position before the cut-off time, the commission won’t be charged. Therefore, IC Markets is ideal for day traders and scalpers. If you want to test IC Markets before depositing funds, you can open a free demo account. Otherwise, you’ll need to deposit at least $200. Accepted payment methods include debit/credit cards, PayPal, Neteller, Skrill, and bank wires. Finally, IC Markets is considered one of the best high-leverage brokers. Leverage of up to 1:1000 is offered to eligible clients. Pros Cons
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Admirals is a forex broker that specializes in CFD instruments. The broker claims that its MT5 trading accounts are compliant with Islamic principles. This is because no interest is charged when keeping positions open overnight. No trading commissions are charged either, so it’s only the spread that needs to be considered. When trading EUR/USD on an MT5 account, spreads start from just 0.5 pips. However, higher spreads should be expected outside of busy trading hours. The minimum deposit on this account type is $25 and 80 currency pairs are supported. This is in addition to commodities, stocks, ETFs, and indices. Admirals offers leverage of up to 1:500 on major pairs, depending on your country of residence. The minimum and maximum forex trade size is 0.01 and 100 lots, respectively. MT5 accounts with negative balance protection to ensure you don’t lose more than you originally deposited. Pros Cons
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. FP Markets is a popular forex broker that caters to both beginners and experienced traders alike. It offers swap-free accounts that are suitable for followers of the Islamic faith. Accounts are compatible with both MT4 and MT5. FP Markets offers two swap-free accounts to choose from. First, there’s the Islamic standard account. This offers commission-free trading and spreads start from 1 pip on major pairs. Alternatively, there’s the Islamic raw account. This charges a commission of $3 per $100,000 traded. Spreads on this account start from 0.0 pips. However, both Islamic accounts attract admin charges, which replace interest. This is charged for each day the position remains open. Major pairs are charged $5 per traded lot, while exotics go up to $70. Do note that not all forex pairs are eligible for Islamic accounts, so you’ll need to review this before proceeding. The minimum deposit at FP Markets is $100. Pros Cons
Derivative products are highly leveraged, carry a high level of risk and may not be appropriate for all investors. FBS is an established trading platform with over 12 years of experience. It offers several accounts that come without overnight interest charges. If you’re a beginner, you might like the Cent account. This comes with a minimum first-time deposit of just $10. Cent accounts have a minimum trade size of just 0.0001 lots. This means that on a USD pair, you’ll only need to risk $10. Moreover, no trading commissions are charged and you’ll get spreads of 1 pip on major pairs. However, FBS charges floating spreads, which means they closely mirror broader market conditions. FBS supports more than 60 forex pairs, covering majors, minors, and exotics. In terms of trading platforms, Islamic accounts are suitable for MT4 and MT5. Retail clients can trade with leverage of up to 1:30. Professional traders get much higher limits at 1:500. Pros Cons
72.68% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider. Tickmill is an online forex broker that offers three account types. All can be converted into an Islamic trading account that offers swap-free positions. First, there’s the classic account, which offers commission-free trading and a minimum spread of 1.6 pips. The pro account offers spreads from 0.0 pips but a commission of $2 per $100,000 traded. The VIP account is aimed at professional traders and requires a $50,000 deposit. On all three accounts, you’ll avoid paying swap fees. However, if the forex trading position is open after three days, admin charges will apply. This ranges from $5 to $20 depending on the forex pairs. This is charged for each lot traded, per day. More than 60 forex pairs are supported by Tickmill and Islamic accounts also support gold, crude oil, and natural gas. Tickmill offers a native mobile app for iOS and Android, plus support for MT4 and MT5. Pros Cons
Trading financial products on margin carries a high degree of risk and is not suitable for all investors Oanda is one of the best forex brokers for US traders. It offers specialist swap-free accounts that support 13 forex pairs. This includes major pairs like EUR/USD, GBP/USD, and USD/JPY. There are no trading commissions to pay on Oanda’s swap-free broker accounts. The minimum spread starts from 1.6 pips on majors, which is considered high. That said, you won’t be charged interest on overnight positions. However, like many Islamic forex accounts, admin charges are applied after five days. This stands at just $7 per traded lot, per day on all supported pairs. Oanda’s swap-free accounts also support selected indices. This includes the Dow Jones, NASDAQ 100, S&P 500, and FTSE 100. Admin charges on indices are more competitive at $4 per traded lot. Swap-free accounts must be funded in US dollars and there is no minimum deposit requirement to meet. Pros Cons
Your capital is at risk. In order to rank the best Islamic forex brokers, we initially focused on the fundamentals. This means that traders should not have interest debited or credited from their accounts. Without an Islamic account, overnight forex positions are charged a daily interest amount, which won’t be suitable. Therefore, all of the providers we listed offer swap-free positions. Moreover, we focused on Islamic forex accounts that do not charge interest on leveraged positions. This ensures that you can trade forex without needing to risk too much money. In addition, we assessed what trading fees each Islamic account attracts. In most cases, Islamic accounts charged wider spreads, which covers the lack of interest. Furthermore, after a certain number of days, you might find that admin charges are applied to open positions. Our methodology ensured that each forex broker offers competitive fees to Islamic traders. Other important research methods included commissions, minimum deposit requirements, payment methods, and of course – regulation. All of the Islamic forex brokers discussed today are regulated by at least one licensing body. In this section, we’ll explain the basics of what makes a forex broker halal. However, it’s important that you seek advice from a qualified Islamic scholar before proceeding. After all, many aspects of Islamic finance principles are open for interpretation. These are the main principles of Islamic finance, which apply to forex and other trading markets. Always do your own research and if you’re ever unsure, consult with an Islamic scholar. We’ll now explain what needs to be considered when researching halal forex brokers. First, you’ll need to ensure that the forex broker offers an account that complies with Islamic finance principles. As we’ve established, this means that no interest should be charged or received at any point. In simple terms, this means that the account should offer swap-free trading. This means that positions kept open overnight will not incur interest fees, which is ordinarily the case when trading forex. But that’s not all – the account should not charge interest on leveraged positions. This is crucial, as most traders require leverage when trading forex, as minimum trade sizes are often 0.01 lots. As long as interest isn’t charged or received, leverage can be considered halal. When researching the best Islamic forex brokers, it’s important you choose a regulated provider. This ensures you are trading in fair market conditions with clear and transparent risk pricing. Regulation also ensures that your capital is kept safe in segregated bank accounts. Therefore, if a brokerage closes down, your investment funds will not be affected. All of the brokers discussed today are regulated and licensed. For example, eToro is regulated by licensing bodies in the UK, Australia, Cyprus, and the US. AvaTrade is also heavily regulated, with licenses in nine different countries. You should also review which forex pairs are supported when choosing an Islamic trading account. As we mentioned, Islamic finance principles prohibit ‘Gharar’. This means gambling or speculating on markets with excessive uncertainty. With this in mind, some Islamic forex brokers prohibit exotic currency pairs. This is because exotic pairs like TRY/USD are extremely volatile. Unlike major pairs like EUR/USD, exotics come with excessive uncertainty. Transparency is crucial when choosing the best Islamic broker. This ensures the broker complies with Islamic finance principles. Not only should fees be transparent but also competitive. After all, Islamic accounts often come with higher fees, as brokers need to recoup the interest payments that they waive. Check out the table below, which summarizes key trading fees applicable to Islamic forex accounts. To ensure you avoid Gharar (gambling), it’s crucial that your forex trading positions are based on research and analysis, rather than pure speculation. Therefore, you’ll want to choose an Islamic forex broker that offers adequate trading tools. Beginners will find that eToro is suited for their skill set, as it offers user-friendly price charts that support drawing tools and technical indicators. This will enable you to perform in-depth technical analysis in a novice-friendly environment. eToro also offers a copy trading tool, which is ideal for beginners. This is because you can choose a successful trader and automatically copy their forex positions. You can do your homework on a trader before proceeding to ensure they’re halal. For example, Ahmed Ramdani (@IslamicInvestor) focuses exclusively on halal markets that meet Islamic finance principles. Alternatively, if you’re an experienced forex trader, you’ll want an Islamic broker that offers advanced trading tools. AvaTrade is a good choice here, as the platform offers high-level charts, indicators, and support for algorithmic robots. Some forex brokers require a high minimum deposit on Islamic accounts. Make sure that the minimum requirement aligns with your budget. For example, while eToro requires at least $1,000 – Oanda doesn’t have any account minimums. Demo accounts offer many benefits to experienced traders and beginners alike. For example, if you’re a seasoned forex trader who wants to test a new brokerage platform, demo accounts allow you to do so without risking any money. Demo accounts also enable you to try a new trading strategy or explore a new forex market. As a beginner, demo accounts allow you to practice trade with paper funds. No matter what happens, you won’t lose any capital. Once you’re more comfortable with how forex trading works, you can open a real money account. The best Islamic forex brokers offer a native mobile app. Beginners will like the eToro app, which is available for iOS and Android. This connects to your web trading account, so you can manage your forex positions on multiple devices. AvaTrade also offers a popular mobile app for iOS and Android. This comes with more advanced trading tools and is ideal for performing technical analysis on the move. You’ll need to fund an Islamic forex account if you want to trade with real money. Top Islamic brokers typically support debit/credit cards and bank wires. E-wallets are also an option, such as PayPal and Neteller. Check what fees and processing times apply to your preferred payment type. It’s important you have access to a customer support agent that understands Islamic finance principles. There might come a time when you want to check the finer details of your account, such as admin fees or eligible markets. It’s also ideal if customer support is available via live chat around the clock. This ensures you receive real-time assistance at the click of a button, no matter where you’re located. In summary, if you’re a follower of the Islamic faith, it’s crucial you choose a broker that complies with Islamic finance principles. Overall, we rank eToro as the best Islamic forex broker. eToro offers Islamic accounts that waive interest on overnight and leveraged positions. You’ll be able to trade dozens of forex pairs on a spread-only basis and its proprietary platform is suitable for beginners.
76% of retail investor accounts lose money when trading CFDs with this provider.Top Islamic Forex Brokers Ranked
Best Islamic Forex Trading Accounts Reviewed
1. eToro – Regulated Forex Broker With Specialist Islamic Accounts and Copy Trading Tools
No. Pairs
52
Other Assets
Stocks, ETFs, commodities, indices, cryptocurrencies
Pricing
Spread-only when trading forex. 0.5% FX fee on non-USD payments. USD payments are fee-free
EUR/USD Spread
Ordinarily 1 pip, but expect wider spreads on an Islamic forex account
Platforms
Proprietary web trading platform and mobile app
Max. Leverage
1:30
US Clients?
Yes, accepted
2. AvaTrade – Swap-Free Islamic Forex Accounts With 0% Commission on All Markets
No. Pairs
53
Other Assets
Gold, silver, oil, indices
Pricing
Spread-only – no commissions are charged. No deposit or account fees
EUR/USD Spread
Ordinarily, 0.9 pips, but wider spreads are charged on Islamic forex accounts
Platforms
Proprietary web trading platform and mobile app. Also supports MT4 and MT5, which are eligible for Islamic forex accounts.
Max. Leverage
1:400 (restrictions apply)
US Clients?
No, not accepted
3. Pepperstone – 0% Commission Accounts Without Swap Fees for Five Days of Trading
No. Pairs
60+
Other Assets
Stocks, ETFs, commodities, indices, cryptocurrencies
Pricing
Spread-only – no commissions are charged
EUR/USD Spread
Minimum of 1 pip
Platforms
cTrader, MT4, MT5, TradingView
Max. Leverage
1:500 (restrictions apply)
US Clients?
No, not accepted
4 XTB – Interest-Free Islamic Forex Accounts Without any Time Limits
No. Pairs
48
Other Assets
Stocks, ETFs, commodities, indices, cryptocurrencies
Pricing
Spread-only – no commissions are charged
EUR/USD Spread
A minimum spread of 0.1 pip is advertised by XTB. However, Islamic accounts will likely have much wider spreads.
Platforms
Proprietary web trading platform, desktop software, and mobile app. Also supports MT4.
Max. Leverage
1:200 (restrictions apply)
US Clients?
No, not accepted
5. IC Markets – Pay a Flat Daily Commission Instead of Swap Fees [Spreads Start From 0.0 Pips]
No. Pairs
61
Other Assets
Stocks, commodities, indices, cryptocurrencies, futures
Pricing
Islamic accounts pay a flat daily commission of between $5 and $80 per traded lot. No interest is debited or credited from the account
EUR/USD Spread
Raw spreads start from 0.0 pips
Platforms
cTrader, MT4, and MT5
Max. Leverage
1:1000 (restrictions apply)
US Clients?
No, not accepted
6. Admirals – Trade Forex on MT5 Without Paying Overnight Interest
No. Pairs
80
Other Assets
Stocks, ETFs, commodities, indices, cryptocurrencies, futures
Pricing
No overnight interest or commissions on MT5 accounts.
EUR/USD Spread
Spreads start from 0.5 pips
Platforms
MT5
Max. Leverage
1:500 (restrictions apply)
US Clients?
No, not accepted
7. FP Markets – Choose From a Swap-Free Account With 0% Commission or Raw Spreads
No. Pairs
70+
Other Assets
Commodities, indices
Pricing
Islamic standard accounts are commission-free. Islamic raw accounts charge $3 per $100,000 traded. Both accounts attract a daily admin charge of between $5 and $70 per day, per traded lot.
EUR/USD Spread
1 pip (standard), 0.0 pips (raw)
Platforms
MT4, MT5
Max. Leverage
1:500 (restrictions apply)
US Clients?
No, not accepted
8. FBS – Choose From a Swap-Free Account With 0% Commission or Raw Spreads
No. Pairs
60+
Other Assets
N/A – only forex can be traded on Islamic accounts
Pricing
Islamic cent accounts are commission-free
EUR/USD Spread
Floating spreads start from 1 pip
Platforms
MT4, MT5
Max. Leverage
1:30 (retail clients)
US Clients?
No, not accepted
9. Tickmill – Swap-Free Trading for Three Days and Then Daily Admin Charges From $5 per Lot
No. Pairs
60+
Other Assets
Gold, crude oil, and natural gas
Pricing
Trading commissions are $2/lot (pro) and $1 per/lot (VIP). Classic accounts are commission-free.
EUR/USD Spread
Spreads start from 0.0 pips on the pro and VIP accounts. Classic accounts have a minimum spread of 1.6 pips.
Platforms
Proprietary mobile app, MT4, MT5
Max. Leverage
1:500 (retail clients)
US Clients?
No, not accepted
10. Oanda – Commission-Free Forex Accounts Without Swaps on 13 Pairs and Selected Indices
No. Pairs
13
Other Assets
Indices
Pricing
0% commission on all supported markets. Admin fee of $7 per lot, per day, is charged on forex positions kept open for more than five days.
EUR/USD Spread
From 1.6 pips
Platforms
Proprietary mobile app, MT4, MT5
Max. Leverage
1:50 (US clients)
US Clients?
Yes, accepted
Our Methodology When Rating Islamic Forex Brokers
What Makes a Forex Broker Halal?
How to Choose an Islamic Forex Broker
Halal Brokerage Account That Complies With Islamic Finance Principles
What Leverage Limits Do Islamic Forex Accounts Offer?
Regulation
Supported Pairs
Fees
Broker
Pricing
EUR/USD Spread
Account Fees
eToro
Spread-only when trading forex. 0.5% FX fee on non-USD payments. USD payments are fee-free
Ordinarily 1 pip, but expect wider spreads on an Islamic forex account
AvaTrade
Spread-only – no commissions are charged. Fees apply after a position remains open for five days.
Minimum of 1 pip
Pepperstone
Spread-only – no commissions are charged. Admin fees apply after five days.
Minimum of 1 pip
None
XTB
Spread-only – no commissions are charged
A minimum spread of 0.1 pip is advertised by XTB. However, Islamic accounts will likely have much wider spreads.
IC Markets
Islamic accounts pay a flat daily commission of between $5 and $80 per traded lot. No interest is debited or credited from the account
Raw spreads start from 0.0 pips
None
Admiral Markets
No overnight interest or commissions on MT5 accounts.
Spreads start from 0.5 pips
FP Markets
Islamic standard accounts are commission-free. Islamic raw accounts charge $3 per $100,000 traded. Both accounts attract a daily admin charge of between $5 and $70 per day, per traded lot.
1 pip (standard), 0.0 pips (raw)
None
FBS
Islamic cent accounts are commission-free
Floating spreads start from 1 pip
None
Tickmill
Trading commissions are $2/lot (pro) and $1 per/lot (VIP). Classic accounts are commission-free.
Spreads start from 0.0 pips on the pro and VIP accounts. Classic accounts have a minimum spread of 1.6 pips.
None
Oanda
0% commission on all supported markets. Admin fee of $7 per lot, per day is charged on forex positions kept open for more than five days.
Minimum of 1.6 pips
Tools & Analysis
Minimum Deposit
Demo Account
Are Forex Demo Accounts Accurate?
Mobile App
Payment Methods
Customer Support
Conclusion
References
FAQs
Is there Islamic forex trading?
Is FXTM an Islamic broker?
Which trading platforms are halal?
Is Avatrade halal or haram?
What is a swap-free forex account?
Which is the best Islamic forex broker?
