Swap-free Forex Brokers

Find below a list of the best Forex brokers offering Swap-free islamic accounts.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail CFD accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Popularity
Min. Deposit 1 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
Bonus $30
Popularity
Min. Deposit 200 €
ECN
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓

75% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30

75.99% of retail CFD accounts lose money

Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓

77% of retail CFD accounts lose money

Popularity
ECN
Platforms MT4 ✓ MT5 ✓ cTrader ✓

66% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN
Leverage ≤1:400
Platforms MT4 ✓ MT5 ✓
Popularity
ECN
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 200 €
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 20 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
Bonus 120%
Popularity
Min. Deposit 200 €
ECN
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 50 €
ECN (min. deposit) 500 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 30 €
ECN (min. deposit) 500 €
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓

74.73% of retail CFD accounts lose money

Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 2000 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30

72.2% of retail CFD accounts lose money

Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:200
Platforms MT4 ✓

72% of retail CFD accounts lose money

Popularity
ECN

79% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN
Leverage ≤1:30
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $50
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $100

81.48% of retail CFD accounts lose money

Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:1000
Platforms MT4 ✓
Popularity
Min. Deposit 1000 €
ECN (min. deposit) 1000 €
Leverage ≤1:400
Platforms MT4 ✓ MT5 ✓

72% of retail CFD accounts lose money

Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓

67.52% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:30
Platforms MT4 ✓
Popularity
Min. Deposit 50 €
ECN (min. deposit) 500 €
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $10

Swap-free forex accounts, also known as Islamic accounts, are a type of account offered by some forex brokers that allow traders to trade without incurring overnight rollover fees, which are typically charged on standard forex accounts. These accounts are designed to be compliant with Islamic principles, which prohibit the charging of interest.

Swap-free accounts work by applying a small commission to each trade instead of charging rollover fees. This commission is typically a percentage of the trade size and is paid at the time of the trade.

While swap-free accounts may be appealing to traders who follow Islamic principles, they can also be a useful option for traders who do not want to be charged rollover fees. This can be particularly useful for traders who prefer to hold positions for shorter periods of time or who do not want to be exposed to the risks associated with overnight rollovers.

In addition to the lack of rollover fees, swap-free accounts often offer other benefits, such as lower spreads and greater flexibility in trade execution. However, it is important to keep in mind that these accounts may have other restrictions, such as limits on the maximum trade size or the types of instruments that can be traded.

Overall, swap-free accounts can be a useful option for traders who are looking to avoid rollover fees or who want to trade in a way that is compliant with Islamic principles. It is important to carefully research and compare different swap-free account options before deciding on a broker, as the terms and conditions of these accounts can vary significantly.