AAAFx |
Islamic account. |
$300 |
200:1 |
yes |
No fees are changed in order to replace swap fees. |
AccentForex |
Islamic account. |
$10 |
500:1 |
yes |
Every working day at midnight swap will not removed or charged. |
ACM |
Islamic account. |
$2000 |
100:1 |
yes |
Fixed daily service fees apply for holding trades over night. |
Admiral Markets |
- |
$10 |
200:1 |
yes |
- |
AFB - Arab Financial Brokers |
Islamic accounts. |
$50 |
400:1 |
yes |
No fees will be charged on your account. |
Alpari UK |
Any account. |
$200 |
500:1 |
yes |
Swap-free accounts incur commission charges. Daily overnight handling charge starting from 10 base units per night per lot depending on the currency traded. |
Alpari US |
Islamic standard accounts |
$1000 |
50:1 |
no |
- |
AL Trade |
Islamic account. |
$200 |
200:1 |
yes |
There are no additional fees on swap-free accounts. |
Apex FX Trading |
Any account. |
$500 |
100:1 |
yes |
No interest or rollover will be charged to customer working order at anytime. |
ATG Marketplex |
Islamic account. |
$2500 |
50:1 |
yes (non-US accounts) |
- |
Atlantic FX |
Any accont. |
$250 |
400:1 |
yes |
- |
Ava FX |
Islamic accounts. |
$100 |
200:1 |
yes |
Account is not charged with premiums and/or rollovers and/or interest. |
AVS Carter |
Any account. |
$500 |
400:1 |
yes |
- |
Azurite Markets |
Any account. |
$1 |
200:1 |
no |
There are no other commission/substitution, the client simply pays the spread. All clients can have swap free accounts, however, we do not accept clients to simply use us to benefit from arbitrage (taking a short position and leaving it whilst holding a long position elsewhere) if clients do seek to simply do this we give the client the option to either change to a swap account or close their account. |
Baron Forex |
Any account. |
$300 |
200:1 |
yes |
For this service the only requirement is that you trade a minimum of 25 standard lots (250 mini) per month (30 day period). If trading volume requirement is not met, there will be a commission of $10 dollar per standard lot daily for positions held overnight. |
Broco |
Islamic account. |
$25 |
500:1 |
yes |
Fixed commission for swap free trading. |
BRTforex |
- |
- |
- |
- |
- |
CG FOREX |
Any account. |
$100 |
200:1 |
yes |
No swaps at all. |
CGTIM |
Standard accounts |
- |
- |
- |
- |
CMG Bank and Trust |
Islamic accounts. |
- |
400:1 |
yes |
In lieu of paying rollover interest/ cost of carry charges on positions held past 5:00 p.m. EST/EDT, Muslim clients may elect to pay or receive rollover charges in the form of a round-turn commission, assessed when the trade is opened. |
CMS Forex |
Any account. |
$500 |
50:1 |
no |
If a interest free account is requested by a non Muslim client, there will be 5% margin on the account, which means 5,000USD for a standard 100k lot and 500USD for a mini 10k lot. |
Deltastock |
Any account. |
$100 |
200:1 |
yes |
The Islamic Forex Trading Accounts are charged a service fee of: 0.10 EUR for each position of 1000 base currency units held overnight for the major currency pairs, and 0.25EUR for the rest. |
Dealing24 |
Any account |
$1000 |
200:1 |
yes |
- |
dbfx - Deutsche Bank AG |
Islamic account. |
$5000 |
100:1 |
yes |
Commission fees equal to rollover fees on a regular account apply. |
Easy-Forex |
Islamic accounts. |
$25 |
200:1 (non-US), 50:1 (US) |
yes (non-US accounts) |
Offering accounts with spreads only, which adhere to the Islamic law (Sharia). The maximum duration offered for Day-Trading deals is limited (usually 1 week but it can also be shorter or longer depending on the currency pair traded). |
EFX - England Foreign Exchange |
Any account. |
$500 |
200:1 |
no |
- |
eToro |
Standard accounts |
$50 |
400:1 (non-US), 50:1 (US) |
no |
During week days - no commissions or swaps. Commission is charged only on trades held over a weekend. |
EXNESS |
Any account. |
$100 |
200:1 |
yes |
Swap-free accounts are commission-free. |
Exto Capital |
Islamic accounts. |
$1000 |
400:1 |
yes |
- |
FalcoFX |
Any account. |
$100 |
200:1 |
yes |
No commision. |
FastBrokersFX |
Islamic accounts. |
$500 |
200:1 |
yes (non-US accounts) |
Swaps and rollover fees will be waived. All other trading conditions are the same for your account type. |
FBS |
Any account. |
$5 |
500:1 |
yes |
No additional charges. |
FCMarket |
Islamic account. |
$500 |
500:1 |
yes |
Zero Overnight Interest (swap free) is for Positions left opened for less then 10 days will not be charged; however from the 11th day any position left opened will be charged commission, which is calculated according to the Swap rules. |
FIBO Group |
Any account. |
$300 |
200:1 |
yes |
Positive swap will be abolished only. The negative swap will remain. |
FIGfx |
Any account. |
$25 |
400:1 |
yes |
FIGfx offers Islamic (swap free) Forex trading account to all clients no matter what their religion. |
Finotec |
- |
- |
- |
- |
- |
Forex.com |
Islamic account. |
$500 |
50:1 |
no |
Traders are charged a flat rate of $2.50 per mini lot or $25 per standard lot when a position is held open after 5:00 pm EST. |
Forex Club |
Any account. |
$10 |
50:1 |
no |
There is no SWAP, but, there is a roll over fee which is owed to keep a position opened. |
Forex Control |
Islamic account. |
$500 |
500:1 |
yes |
Clients can open and close positions at any time within the forexcontrol Metatrader 4 system without being constrained to holding them for a defined period. |
Forex Place (4XP) |
Islamic account |
$500 |
300:1 |
yes |
- |
Forex-Metal |
Any account. |
$1 |
500:1 |
yes |
1st type: No-swap account with gifts and donations: with very small credits (gifts) and debits (donations) which are apprx. equal to the swap amounts. No account cost.
2nd type: No-swap account without gifts and donations: no additional credits or debits, only spreads (the same spreads, no difference from the regular account). No account cost. |
Forex4you |
Any account. |
$1 |
200:1 |
yes |
- |
ForexGen |
Standard accounts |
- |
- |
- |
- |
ForexYard |
Islamic accounts. |
$100 |
200:1 |
yes |
No swap, no commission, regular spreads. |
ForInvest Group |
Any account. |
$100 |
500:1 |
yes |
No Swaps, only if requested by the client. Swap-Free accounts have commission charges up to $10.0 upon account activity. |
FX|Clearing |
Any account. |
$1 |
500:1 |
yes |
Mini and micro-cents accounts: trade with no swaps and no commissions. For both deposit limit is $1-$5000. |
FX Financial Group |
Any account. |
$300 |
200:1 |
yes |
- |
FX Solutions |
for Saudi Arabia residents |
$250 |
400:1 (non-US), 50:1 (US) |
no |
- |
FXcast |
Islamic accounts. |
$10 |
400:1 |
yes |
Fixed commission of 5 USD per 1 standard lot. No overnight swap will be added. |
FXCBS |
Islamic account. |
$3000 |
100:1 |
yes |
Islamic accounts are charged a flat rate of USD 10.00 per standard lot for overnight open positions. |
FXCM |
Islamic accounts. |
$2000 |
50:1 |
no |
Micro accounts of $25 dont have the swap-free feature, only standard from $2000 do. |
FXCM UK |
Islamic accounts. |
$2000 |
200:1 |
yes |
Micro accounts of $25 dont have the swap-free feature, only standard from $2000 do. |
FxCompany |
Any account. |
$100 |
500:1 |
yes |
No additional commission charged. |
FXDD |
Islamic accounts |
$250 |
200:1 (non-US), 50:1 (US) |
no, FXDD Malta - yes |
- |
Forex Global Market (FXGM) |
Any account. |
$250 |
200:1 |
yes |
FXGM will not apply swaps or rollover charges to such accounts in compliance of the Islamic Shariah Law.
Traders can hold the positions for unlimited time. |
FXOpen |
Islamic accounts |
- |
- |
- |
- |
FXPRIMUS |
Islamic accounts |
$250 |
500:1 |
yes |
- |
FxPro |
Islamic accounts. |
$500 |
500:1 |
- |
Positions left opened for less than 10 days will not be given swap, however from the 11th day any position left open will be subject to a fee which is calculated according to swap rules. |
Gallant Capital Markets (GCMFX) |
Any account. |
$500 |
400:1 |
yes |
- |
GCI Financial |
Islamic accounts |
- |
- |
- |
- |
GCIDealer |
Any account. |
$500 |
400:1 |
yes |
Traders can manage their accounts without pay or receive swap or daily interest on position held overnight. |
GFT - Global Forex Trading |
Islamic accounts only |
$250 |
400:1 (UK), 50:1 (US) |
no |
- |
GIGFX |
Any account. |
$100 |
400:1 |
yes |
Accounts are monitored for negative Rollover position abuse. Any account solely placing negative Rollover positions will have this facility terminated. Rollover free accounts do not exist for TRY pairings. |
GTL Forex |
Any account. |
$500 |
400:1 |
yes |
No interest, rollover charges and swap charges are paid or charged for any account. |
GOMarkets |
Standard accounts |
- |
- |
- |
- |
HY Markets |
Islamic accounts |
- |
- |
- |
- |
IC Markets |
Any account. |
$1000 |
400:1 |
yes |
Spreads are slightly wider. |
ICM - iTrade Capital Markets |
Any account. |
$500 |
400:1 |
yes |
All accounts with ICM are interest-free and Shariah compliant. There is only a roll charge on open positions of $1 per lot per day that the position is open. |
IBFX - Interbank FX |
Islamic accounts. |
$1 |
400:1 (non-US), 50:1 (US) |
no |
No-swap trades that remain open after Friday close will be debited or credited a fee based on the special rates. |
IFC Markets |
Islamic accounts |
$1 |
400:1 |
yes |
Automatic closing of positions on the Islamic (SWAP free) accounts by the trade server will be executed in 14 days from the moment of opening every position. |
iFOREX |
Any account. |
$100 |
400:1 |
yes |
No commission, no swaps. You must open/close positions at least once a month.
Automatic closing of positions on the Islamic Account (swap-free) by the trade server will be executed in 30 days from the day of opening every position. |
IHI - Investment House International |
Any account. |
$500 |
400:1 |
yes |
Clients can have all interest charges or credits eliminated from their account in exchange for paying a 5$ commission per lot. |
IKOFX |
Islamic accounts. |
$1 |
500:1 |
- |
No swap or rollover interest will be charged to positions held overnight to the account. |
IKON GM |
Islamic account. |
$1000 |
50:1 |
no |
Available only upon request and evaluation of every client. |
IKON GM - Royal Division |
Islamic account. |
$1000 |
50:1 |
no |
Available only upon request and evaluation of every client. |
INFX |
- |
- |
- |
- |
- |
InstaForex |
Any account. |
$1 |
1000:1 |
yes |
- |
Intel FX |
Islamic account. |
$10 |
500:1 |
yes |
Swap Free available for Muslim region. |
Investment House International |
Special conditions on commission |
- |
- |
- |
- |
InvestTechFX |
Any account. |
$1000 |
500:1 |
yes |
Subject to overnight fee of $10/lot. |
LEADER FOREX |
Any account. |
$100 |
200:1 |
yes |
Swap-free accounts are available for all clients except Supermini account holders. |
Marketiva |
- |
- |
- |
- |
- |
Markets.com |
Islamic accounts. |
$50 |
200:1 |
- |
- |
MasterForex |
Islamic account. |
$1 |
500:1 |
yes |
Instead of swap this account will feature a fixed small fee per standard lot, which is charged daily for positions that are held overnight. |
MBCFX |
Islamic accounts. |
$1000 |
200:1 |
yes |
- |
MFN Group |
Islamic accounts |
- |
- |
- |
- |
MIG BANK |
Any account. |
$5000 |
200:1 |
yes |
These accounts are monitored for negative Rollover position abuse. Any account solely placing negative Rollover positions will have this facility terminated. |
Money Forex |
Islamic accounts |
$2000 |
200:1 |
yes |
- |
Mtforex |
Any account. |
$5000 |
100:1 |
yes |
No swap. |
NTWO Capital Markets |
Any account |
$2000 |
200:1 |
yes |
- |
ODL Markets (powered by FXCM) |
Islamic account. |
$2000 |
200:1 |
yes |
- |
One Financial Markets |
Islamic account. |
$250 |
200:1 |
yes |
- |
Persepolis Capital Management |
Standard account |
$500 |
500:1 |
yes |
- |
Prime4x |
Any account. |
$100 |
500:1 |
yes |
All accounts are swap free. |
Real Trade Group |
Islamic account. |
$20 |
500:1 |
yes |
Fixed commission of 5 cents per 0.01 lot, $1 per 0.1 lot. |
RetailFX |
Standard accounts |
$50 |
400:1 (non-US), 50:1 (US) |
no |
During week days - no commissions or swaps. Commission is charged only on trades held over a weekend. |
STRATO Markets |
Standard account. |
$250 |
400:1 |
yes |
- |
Swiss International |
Islamic account. |
$500 |
200:1 |
yes |
Islamic Trading only available to clients for religious reasons in the Middle East. |
Tadawul FX |
Islamic account. |
$500 |
500:1 |
yes |
Middle East residents only |
ThinkForex |
Islamic account. |
$500 |
200:1 |
yes |
- |
Traders Trust |
Any account. |
$500 |
500:1 |
yes |
- |
TradersChoiceFX |
- |
$250 |
50:1 |
no |
- |
Trading Point |
Islamic account. |
$1 |
500:1 |
no |
No interest/swap, no up-front commissions, no time constraints, no spread widening. |
UFXBank |
Islamic accounts |
$500 |
400:1 |
yes |
- |
Uni-FX |
Islamic accounts |
$1 |
500:1 |
yes |
- |
UWC |
Islamic accounts. |
$10 |
500:1 |
yes |
Swap-free account on request |
Windsor Brokers |
Any account. |
$250 |
400:1 |
yes |
Available for to Mini and Standard accounts. You may keep your position open for up to Five days, as of the sixth day fixed charges shall apply on daily basis until the position is closed. |
Vantage FX |
Any account. |
$100 |
500:1 |
yes |
The fee is $8 per round trip on a full lot as replacement for the swap fees/credits. |
X-Trade Brokers |
- |
$2000 |
100:1 |
yes |
Commission free accounts. No swap. Widened spread on the FX market by only 1 pip. Regular spread for all other instruments. 10 USD daily charge per lot for every transaction held through the weekend. |
XForex |
Islamic accounts. |
$100 |
200:1 |
yes |
- |
1pipfix |
Any accounts. |
$100 |
500:1 |
yes |
Swap Free accounts subject to $10 overnight fee at 00:00 GMT time per Lot per open positions. |
4runnerforex |
Standard accounts. |
$100 |
100:1 |
yes |
- |
4UFX |
Any account. |
$0.50 |
500:1 |
yes |
No swaps, no substitutional charges. |
dbfx - Deutsche Bank AG (?) |
- |
- |
- |
- |
- |