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Swap-free accounts

Best Islamic & Swap-Free Forex Brokers

Swap-free accounts remove overnight interest to comply with Islamic finance principles. These brokers offer a genuine Islamic account without hidden roll-over fees.

Our top picks

Ranked by our editorial methodology — not by who pays us.

1
IronFX ★★★★★ 4.6/5
Min deposit$100
Spread0.6 pip
Leverage1:1000
PlatformsMobile app
2
XM ★★★★☆ 4.2/5
Min deposit$5
SpreadAvg. 1.9 Pips
Leverage1:1000
PlatformsMT4, Proprietary
3
FXOpen ★★★★☆ 4.2/5
Min deposit$1
Spread1 pip
Leverage1:500
PlatformsMT4
4
eToro ★★★★☆ 4.2/5
Min deposit$50
Spread0.7 pip
Leverage1:400
PlatformsWebTrader
5
ThinkMarkets ★★★★☆ 4.1/5
Min deposit$0
SpreadAvg. 1.2 Pips
Leverage1:500
PlatformsProprietary
6
EightCap ★★★★☆ 4.0/5
Min deposit$100
SpreadAvg. 1.0 Pip
Leverage1:500
PlatformsTradingView
7
EXNESS ★★★★★ 4.9/5
Min deposit$1
Spread0.1-0.9 pips
Leverage1:2000
PlatformsMT4, WebTrader
8
IC Markets ★★★★☆ 4.5/5
Min deposit$200
Spread0.1 pips
Leverage1:1000
PlatformsMT4

Want the full picture? Compare all 25 brokers side-by-side →

Why we picked these

  • Filtered to brokers that explicitly offer an Islamic / swap-free account.
  • Ranked by regulation strength, then editorial score — a compliant account still needs a safe broker.
  • We check that 'swap-free' means no overnight interest, not just a renamed fee.

Frequently asked questions

What makes an account Islamic?

It charges no overnight interest (swap/rollover), aligning with Sharia principles on money lending.

Is swap-free really free?

Often a small admin or wider-spread fee replaces the swap. Compare the all-in cost against a standard account.

Who can open one?

Brokers may ask you to confirm the religious reason. Some offer it to anyone, others restrict it.