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Home · Halal Trading · Swap-Free Broker Comparison

Swap-Free Broker Comparison

Brokers commonly offering Islamic / swap-free accounts. Educational comparison only.

Verify availability directly. Swap-free terms vary by country, account type, and entity. The broker's official terms may differ from third-party summaries. Before opening any account, confirm swap-free eligibility, replacement fees (if any), spreads, and country availability with the broker. ShaFX does not certify any broker as Sharia-compliant. See the Halal Trading Disclaimer.
Broker Regulation Platforms ShaFX Score
IC Markets ASIC, CySEC, FSA Seychelles depending on entity MT4, MT5, cTrader, TradingView, WebTrader 9.1 / 10
Pepperstone ASIC, FCA, CySEC, DFSA, BaFin, CMA, SCB depending on entity MT4, MT5, cTrader, TradingView, Pepperstone platform 9.0 / 10
XTB KNF Poland, FCA UK, CySEC, IFSC depending on entity xStation 5, xStation Mobile 8.9 / 10
FP Markets ASIC, CySEC, FSCA, FSA Seychelles depending on entity MT4, MT5, cTrader, WebTrader 8.8 / 10
Admirals (Admiral Markets) FCA, CySEC, ASIC, JSC, EFSA, FSCA depending on entity MT4, MT5, WebTrader, Admirals platform 8.7 / 10
CMC Markets Entity-specific regulation varies; verify before signup MT4/MT5/web or proprietary platforms depending on broker 8.7 / 10
Exness CySEC, FCA, FSCA, FSA Seychelles, CBCS, FSC BVI/Mauritius, CMA Kenya, JSC Jordan, UAE CMA, Belize FSC depending on entity MT4, MT5, Exness Terminal, WebTerminal 8.7 / 10
FxPro Entity-specific regulation varies; verify before signup MT4/MT5/web or proprietary platforms depending on broker 8.6 / 10
HFM (HF Markets) FCA, CySEC, FSCA, FSA Seychelles, DFSA, FSC Mauritius depending on entity MT4, MT5, HFM platform, WebTrader 8.6 / 10
OANDA Entity-specific regulation varies; verify before signup MT4/MT5/web or proprietary platforms depending on broker 8.6 / 10
AvaTrade Entity-specific regulation varies; verify before signup MT4/MT5/web or proprietary platforms depending on broker 8.5 / 10
Capital.com FCA UK, CySEC, ASIC, FSA Seychelles, NBRB depending on entity Capital.com platform, MT4, TradingView 8.5 / 10
Fusion Markets ASIC, VFSC, FSA Seychelles depending on entity MT4, MT5, cTrader, TradingView, DupliTrade 8.5 / 10
JustMarkets CySEC, FSA Seychelles, FSCA depending on entity MT4, MT5, web, mobile 8.5 / 10
ThinkMarkets FCA UK, ASIC, CySEC, FSCA, FSA Japan, JSC Jordan depending on entity MT4, MT5, ThinkTrader, TradingView 8.5 / 10
Axi Entity-specific regulation varies; verify before signup MT4/MT5/web or proprietary platforms depending on broker 8.4 / 10
Eightcap ASIC, FCA, CySEC, SCB depending on entity MT4, MT5, TradingView, WebTrader 8.4 / 10
eToro FCA UK, CySEC, ASIC, FinCEN, ADGM depending on entity eToro platform, eToro Mobile 8.4 / 10
FBS CySEC, ASIC, FSC Belize, FSCA depending on entity MT4, MT5, FBS Trader, WebTrader 8.4 / 10
MultiBank Group ASIC, BaFin, AUSTRAC, FSC Mauritius, VFSC, CIMA, MAS, JSC Jordan depending on entity MT4, MT5, MultiBank Plus, WebTrader 8.4 / 10
Plus500 FCA UK, CySEC, ASIC, FSCA, FMA NZ, MAS Singapore depending on entity Plus500 platform, WebTrader 8.4 / 10
FXTM (ForexTime) FSCA, CySEC, FSC Mauritius, FSA Cyprus depending on entity MT4, MT5, FXTM Trader, WebTrader 8.3 / 10
GO Markets ASIC, CySEC, FSCA, MISA depending on entity MT4, MT5, MetaTrader WebTrader, GO WebTrader 8.3 / 10
TMGM ASIC, FMA NZ, VFSC depending on entity MT4, MT5, IRESS 8.3 / 10
Deriv MFSA Malta, BVI FSC, VFSC, LFSA Labuan, JFSA Jordan depending on entity Deriv MT5, Deriv X, Deriv cTrader, Deriv platform 8.2 / 10
Moneta Markets FSCA, FSC Mauritius depending on entity MT4, MT5, ProTrader, WebTrader 8.2 / 10
Octa CySEC, FSCA, FSA SVG depending on entity MT4, MT5, OctaTrader, WebTrader 8.2 / 10
Vantage Entity-specific regulation varies; verify before signup MT4/MT5/web or proprietary platforms depending on broker 8.2 / 10
XM Entity-specific regulation varies; verify before signup MT4/MT5/web or proprietary platforms depending on broker 8.2 / 10
FOREX.com Entity-specific regulation varies; verify before signup MT4/MT5/web or proprietary platforms depending on broker 8.1 / 10

Showing the top 30 brokers from the ShaFX comparison database. Listing here does not certify swap-free availability for your country — confirm directly. View full broker comparison →

How to use this list

  1. Confirm country availability. A broker that serves Iraq for swap-free may not serve Indonesia, or vice versa.
  2. Read the swap-free terms in the broker's official documentation. Marketing pages oversimplify.
  3. Verify replacement fees. Many brokers charge an administration fee after a holding period. From a Sharia perspective, this may matter.
  4. Test with a small live deposit first. Confirm withdrawals work before scaling.
  5. Discuss with a qualified scholar before committing.

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