Top Islamic Forex brokers for swap-free trading in 2025
Finding a reliable Islamic Forex broker that caters to the needs of Muslim traders is essential for adhering to Sharia principles while engaging in the financial markets. In 2025, the demand for swap-free accounts—designed to comply with Islamic law—continues to grow as traders seek ethical and competitive options. This article explores the top Islamic Forex brokers offering swap-free accounts, highlighting their features, benefits, and how they ensure compliance with Islamic finance principles.
For newcomers, check out the article: “Forex Islamic accounts guide: Muslim trading of Halal Shares, Crypto and Commodities.“
BlackBull Islamic swap-free accounts
BlackBull Markets is a well-regarded broker offering swap-free accounts tailored for traders who adhere to Islamic finance principles. These accounts ensure no interest is charged or earned on overnight positions, making them fully compliant with Sharia law. BlackBull provides swap-free options for its ECN Standard and ECN Prime accounts, catering to traders at different levels of experience. Here’s a detailed comparison:
Account types with swap-free options:
1. ECN Standard
- Best for: Beginners
- Spreads: From 0.8 pips
- Commission: None
- Minimum deposit: $0
- Leverage: Up to 1:500
- Swap-free: Available
- Server locations: NY4/LD5
2. ECN Prime
- Best for: Experienced traders
- Spreads: From 0.1 pips
- Commission: $6.00 per lot
- Minimum deposit: $2,000
- Leverage: Up to 1:500
- Swap-free: Available
- Server locations: NY4/LD5
Why choose BlackBull for Islamic trading?
- Flexible options: Whether you’re new to trading or have experience, BlackBull Markets provides swap-free options with low spreads and competitive trading conditions.
- High leverage: Traders can benefit from leverage of up to 1:500, enabling efficient use of capital.
- No minimum deposit for ECN Standard: Start trading with no financial barriers while maintaining compliance with Sharia principles.
- Advanced technology: With access to Equinix servers (NY4/LD5), BlackBull ensures fast execution and reliable performance for traders globally.
While the ECN Institutional account is not available as a swap-free option, the ECN Standard and ECN Prime accounts offer excellent choices for traders looking to engage in ethical and effective Forex trading.
XTB Islamic swap-free accounts
XTB offers Islamic swap-free accounts under XTB International, catering to clients from select countries in the Middle East, North Africa, and Malaysia. These accounts are designed to comply with Islamic finance principles, ensuring that no interest is charged or earned on overnight positions. Here’s a detailed overview:
Islamic accounts are available for clients from the following countries:
- Middle East: UAE, Saudi Arabia, Kuwait, Oman, Qatar, Jordan, and Bahrain
- North Africa: Egypt, Algeria, Morocco, and Tunisia
- Asia: Malaysia
Note: Islamic accounts are not offered to UK or EU residents under XTB Ltd.
To open a swap-free account:
- Visit XTB International or click the button below the review.
- During registration, select “SWAP FREE” in the ‘Choose an account type’ section.
Terms and fees
- Account opening and maintenance: Free
- Deposits: Free
- Withdrawals: Free for amounts above $50
- Minimum deposit: $1
- Leverage: Up to 1:500
- Minimum spread: 0.7
- Minimum order size: 0.01 lot
- Commission for CFDs: 0%
Important notes for swap-free accounts
- Swap-free conditions are available for specific periods and not all products.
- Refer to XTB’s specification table for a complete list of eligible instruments.
- Trading CFDs on a leveraged basis carries significant risk. It’s crucial to fully understand these risks before trading.
Platforms and accessibility
XTB Islamic accounts are accessible across a variety of platforms:
- Mobile
- Desktop
- Tablet
Why choose XTB Islamic accounts?
- Global accessibility: Available to clients from key regions adhering to Islamic finance principles.
- Transparent terms: Clearly defined fees and trading conditions for enhanced trust.
- Low entry barrier: Start trading with a minimum deposit of just $1.
- Wide platform support: Access your account and trade seamlessly from any device.
XTB’s Islamic swap-free accounts are an excellent option for Sharia-compliant trading, combining competitive trading conditions with high transparency.
eToro Islamic swap-free accounts
eToro offers Islamic swap-free accounts designed to comply with Sharia law, providing Muslim traders with a trading environment free from interest (Riba). With zero interest on open positions and administrative fees only applying after a grace period, eToro ensures an ethical and user-friendly trading experience.
Key features of eToro Islamic accounts
1. Sharia law compliance
- Swap-free trading that eliminates interest charges on leveraged positions.
- Aligned with Islamic finance principles for ethical investing.
2. Seven-day grace period
- No administrative fees applied to CFD positions for the first seven days.
- Fees are transparently applied afterward and are not related to interest rates.
3. Access to a wide range of assets
- Trade over 5,000 instruments across asset classes, including stocks, commodities, indices, and cryptocurrencies.
4. Advanced trading tools
- Utilize tools like TradingView charts, an Economic Calendar, trailing stop-loss, and more for efficient trading.
5. CopyTrading
- Replicate the strategies of eToro’s top-performing investors with the CopyTrader feature, ideal for both novice and experienced traders.
6. The eToro Academy
- Access educational resources to enhance your trading knowledge and skills.
How to open an eToro Islamic account
- Click the link or the button below to register for a real account on the eToro platform.
- Deposit a minimum of $1,000 to activate your account.
- Submit the required identification documents for verification.
Administrative fees
- CFD positions held beyond seven days are subject to daily administrative fees applied after 22:00 GMT.
- The fees vary depending on the instrument and are unrelated to interest rates.
- Spot commodity positions are subject to daily price adjustments like other accounts.
Why choose eToro for Islamic trading?
- All-in-one platform: Trade diverse instruments on a user-friendly platform.
- Transparent terms: Clear, interest-free trading conditions with detailed fee structures.
- Educational support: Improve your trading expertise with the eToro Academy.
- Global reach: A trusted platform with millions of users worldwide.
eToro Islamic accounts provide a seamless blend of ethical trading and cutting-edge technology, making them an excellent choice for Sharia-compliant investing.
Risk disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
HF Markets Islamic swap-free accounts
HF Markets offers Islamic swap-free accounts to provide Sharia-compliant trading opportunities to clients who observe Islamic finance principles. By eliminating overnight swap fees on selected accounts and instruments, HF Markets ensures a transparent and ethical trading environment for its users.
Why choose HF Markets’ swap-free trading?
1. Elimination of swap fees
- No overnight interest (swap or rollover fees) is charged, aligning with Islamic financial principles.
- Available on selected trading accounts and instruments for diverse trading opportunities.
2. Global accessibility
- Swap-free trading is available to all HF Markets clients, ensuring inclusivity.
- Tailored for traders observing Sharia law while also benefiting all clients.
3. Transparent and fair trading
- No hidden fees or additional charges beyond the standard trading conditions.
- Clear terms and policies outlined for traders.
4. Diverse instrument options
- Trade a variety of selected commodities and currency pairs, enabling portfolio diversification without incurring additional costs.
5. Ultra-fast execution
- Enjoy seamless trading with HF Markets’ advanced infrastructure for minimal latency and superior performance.
6. Hassle-free experience
- Positions can be held for several days without incurring fees, enhancing the flexibility of long-term trading strategies.
- Use the Swaps Calculator to determine the cost of any trade.
Terms and conditions
- Swap-free trading conditions apply to specific accounts and instruments.
- Carry charges may apply to some instruments after a position is rolled over for several consecutive days.
- Refer to HF Markets’ full Rollover Policy for details on eligible instruments.
How to start trading swap-free with HF Markets
- Click the link or the button below to open an account with HF Markets.
- Select the swap-free option during account setup or through customer support.
- Begin trading with confidence, knowing your trades align with Sharia principles.
Why HF Markets stands out
- Inclusivity: Swap-free accounts are available to all traders, ensuring an equitable experience.
- No additional costs: Transparent terms with no hidden fees.
- Market variety: Access a wide range of instruments with swap-free trading options.
- Technology-driven: Ultra-fast trade execution enhances your trading experience.
HF Markets’ Islamic swap-free accounts offer a flexible, Sharia-compliant trading solution tailored for both faith-based and conventional traders seeking fair and transparent trading conditions.
AvaTrade Islamic swap-free accounts
AvaTrade offers Islamic accounts tailored for Muslim traders, ensuring compliance with Sharia law by eliminating swap fees on overnight trades.
Key features
1. Swap-free trading
- No interest charged for overnight positions (up to 5 days).
2. Wide range of instruments
- Trade forex, commodities (including halal gold and silver), indices, ETFs, and more.
3. Halal-Compliant
- Transparent conditions with increased spreads to replace swap fees.
4. Limitations
- Cryptos and certain forex pairs (e.g., ZAR, TRY) unavailable in Islamic accounts.
5. Easy setup
- Verify your account, fund it, and request an Islamic account (approval in 1-2 days).
How to open an Islamic account
1. Click the link or the button below to open and verify your account
- Provide the necessary documentation to verify your trading account.
2. Fund your account
- Deposit funds into your AvaTrade account to activate trading.
3. Apply for an Islamic account
- Submit a request to switch to an Islamic account. The review process typically takes 1-2 business days.
Advantages
- Aligns with Sharia law principles.
- Fair and transparent trading environment.
- Suitable for diverse trading strategies.
AvaTrade Islamic accounts provide a compliant and ethical way for Muslim traders to access global financial markets confidently.
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Best Islamic Forex brokers with swap-free accounts 2025 - FAQ