How We Rank Brokers
Authentic Islamic accounts replace riba-based swap charges with transparent administrative fees. Some brokers simply re-brand standard accounts — check the fee structure carefully.
Sharia Compliance Quality (30%)
No swap charges, transparent replacement fee structure
Regulation & Safety (25%)
Regulatory licensing, including Middle East jurisdictions where applicable
Spreads & Commissions (20%)
Pricing parity between Islamic and standard accounts
Instrument Coverage (15%)
Range of Sharia-permitted instruments available
Arabic Support Quality (10%)
Arabic-speaking support team, local cultural knowledge
Top 10 Forex Brokers with Islamic Accounts
Ranked by Sharia compliance quality, spread parity with standard accounts, regulation including Middle East jurisdictions, and Arabic-language support.
IC Markets
IC Markets brings swap-free account variants compliant with Sharia principles. Regulated by ASIC and operating since 2007 (19 years), it offers a $200 minimum entry and supports MetaTrader 4 · MetaTrader 5 · cTrader.
FP Markets
FP Markets brings swap-free account variants compliant with Sharia principles. Regulated by ASIC and operating since 2005 (21 years), it offers a $100 minimum entry and supports MetaTrader 4 · MetaTrader 5 · cTrader.
Pepperstone
Pepperstone brings swap-free account variants compliant with Sharia principles. Regulated by FCA · ASIC · BaFin and operating since 2010 (16 years), it offers no minimum deposit entry and supports MetaTrader 4 · MetaTrader 5 · cTrader.
Vantage
Vantage brings swap-free account variants compliant with Sharia principles. Regulated by FCA · ASIC and operating since 2009 (17 years), it offers a $50 minimum entry and supports MetaTrader 4 · MetaTrader 5 · TradingView.
MultiBank
MultiBank brings swap-free account variants compliant with Sharia principles. Regulated by BaFin · ASIC · FMA and operating since 2005 (21 years), it offers a $50 minimum entry and supports MetaTrader 4 · MetaTrader 5 · TradingView.
Exness
Exness brings swap-free account variants compliant with Sharia principles. Regulated by FCA and operating since 2008 (18 years), it offers a $1 minimum entry and supports MetaTrader 4 · MetaTrader 5 · TradingView.
XM
XM brings swap-free account variants compliant with Sharia principles. Regulated by ASIC and operating since 2009 (17 years), it offers a $5 minimum entry and supports MetaTrader 4 · MetaTrader 5 · Mobile App.
FXTM
FXTM brings swap-free account variants compliant with Sharia principles. Regulated by FCA and operating since 2011 (15 years), it offers a $10 minimum entry and supports MetaTrader 4 · MetaTrader 5 · Mobile App.
HFM
HFM brings swap-free account variants compliant with Sharia principles. Regulated by FCA and operating since 2010 (16 years), it offers no minimum deposit entry and supports MetaTrader 4 · MetaTrader 5 · HFM App.
BlackBull Markets
BlackBull Markets brings swap-free account variants compliant with Sharia principles. Regulated by FMA · FSPR and operating since 2014 (12 years), it offers no minimum deposit entry and supports MetaTrader 4 · MetaTrader 5 · cTrader.
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Raw accounts with 0.0-pip spreads + commission.
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UK FCA oversight with FSCS protection up to £85k.
ASIC Regulated
Australian ASIC oversight with strict client money rules.
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By Platform
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MetaTrader 5 with expanded asset classes.
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cTrader brokers with Level II depth.
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Brokers integrated with TradingView.
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Best mobile apps for trading on the go.
By Funding & Account Type
Crypto Deposits
BTC, ETH, USDT funding accepted.
Islamic Accounts
Genuine swap-free Shariah-compliant accounts.
With Education
Strongest educational programmes.
Best Brokers by Country
🇬🇧 United Kingdom
FCA-regulated brokers.
🇺🇸 United States
NFA/CFTC-regulated brokers.
🇦🇺 Australia
ASIC-regulated brokers.
🇩🇪 Germany
BaFin-regulated brokers.
🇮🇳 India
International brokers accepting Indian traders.
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MAS-regulated brokers.
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DFSA-regulated brokers.
🇿🇦 South Africa
FSCA-regulated brokers.
🇨🇦 Canada
CIRO-regulated brokers.
🇲🇾 Malaysia
International brokers serving Malaysian traders.
🇳🇬 Nigeria
International brokers accessible in Nigeria.
🇰🇪 Kenya
CMA-regulated brokers.