Brokers Providing Islamic Account
Trading forex is commonly asked by Muslims whether it is Halal. According to Islamic (Sharia) law, Muslims are prohibited to earn interest in their giving. To overcome this problem, there has been lots of broker offering "interest-free" or "No Riba" account. By using Islamic accounts, traders are possible to trade according to Sharia law, where interest-free Forex trading is specially made by brokers.
Below you will find a list of Forex Brokers that offer Islamic account for trading, by hoping that you can determine which Islamic Forex broker is the best one for you.
| Broker | Regulation | Max Leverage | Min Deposit | General Rating | |
|---|---|---|---|---|---|
|
FXTM Belize 2011 |
CySEC 185/12 FCA (UK) 777911 FSC (Mauritius) C113012295 FSCA (South Africa) 46614 |
1:2000 | $10 | Review | |
|
Alpari Saint Vincent and the Grenadines 1998 |
FSA (St. Vincent & the Grenadines) 20389 IBC 2012 | 1:1000 | $1 | Review | |
|
Pepperstone Australia 2010 |
ASIC 223682 BaFin 151148 DFSA (Dubai) F004356 |
1:500 | $200 | Review | |
|
Tickmill Seychelles 2014 |
BaFin 146511 CySEC 278/15 FCA (UK) 717270 FSA (Seychelles) SD008 FSCA (South Africa) 49464 |
1:500 | $100 | Review | |
|
eToro China 2007 |
ASIC 491139 CySEC 109/10 FCA (UK) FRN 583263 FINRA 298361/SEC#: 8-70212 |
1:400 | $200 | Review | |
|
IFC Markets British Virgin Islands 2006 |
CySEC 147/11 FSC (BVI) SIBA/L/14/1073 |
1:400 | $1 | Review | |
|
Trade360 Cyprus 2013 |
ASIC 439907 CySEC 202/13 |
1:200 | $500 | Review | |
|
Fondex Cyprus 2010 |
CySEC 138/11 FSA (Seychelles) 8424819-1 |
1:30 | $250 | Review | |
|
easyMarkets Australia 2001 |
ASIC 246566 CySEC 079/07 FSA (Seychelles) 19.09.2020 |
1:400 | $100 | Review | |
|
ETX Capital United Kingdom 1965 |
FCA (UK) 124721 | 1:400 | $100 | Review | |
|
TryMarkets United Arab Emirates 2012 |
IFSC (Belize) FSC/60/337/TS/17 | 1:500 | $500 | Review | |
|
FxGrow Cyprus 2008 |
BaFin WA37-K 5000-138982-2014/0001 Banque de France 74965 CNMV (Spain) 3755 CySEC 214/13 FCA (UK) 628755 Finansinspektionen (Sweden) 14-10518 HCMC (Greece) 2703 |
1:100 | $100 | Review | |
|
FBS China 2009 |
CySEC 331/17 IFSC (Belize) IFSC/60/230/TS/12 |
1:3000 | $1 | Review | |
|
Orbex Cyprus 2009 |
Banque de France 73762 CNMV (Spain) 2894 CONSOB (Italy) 3148 CySEC 124/10 FCA (UK) 553071 |
1:500 | $200 | Review | |
|
Hantec Markets Australia 2009 |
FCA (UK) 502635 FSC (Mauritius) C114013940 Jordan Securities Commission 51905 |
1:30 | $1000 | Review | |
|
Admiral Markets Argentina 2001 |
ASIC 28381 CySEC 201/13 FCA (UK) 595450 FSA (Estonia) 10932555 |
1:500 | $100 | Review | |
|
NSFX Malta 2011 |
MFSA IS/56519 | 1:50 | $300 | Review | |
|
Tradeo Cyprus 2012 |
FSCA (South Africa) 46452 | 1:30 | $250 | Review | |
|
Exness Cyprus 2008 |
CySEC 178/12 FCA (UK) 730729 FSA (Seychelles) SD025 |
1:2000 | $1 | Review | |
|
HotForex Cyprus 2010 |
CySEC 183/12 DFSA (Dubai) F004885 FCA (UK) 801701 FSA (Seychelles) 8419176-1 FSA (St. Vincent & the Grenadines) 22747 FSC (Mauritius) 094286 FSCA (South Africa) 46632 |
1:1000 | $5 | Review | |
|
FxNet United Arab Emirates 2012 |
CySEC 182/12 IFSC (Belize) 130266 |
1:500 | $50 | Review | |
|
Dukascopy Hong Kong 1998 |
DFSA (Dubai) F004307 FCMC (Latvia) May 2011 FINMA June 15 2010 FSA (Japan) 2408 |
1:200 | $100 | Review | |
|
Finotec United Kingdom 1998 |
FCA (UK) 470392 | 1:200 | $200 | Review | |
|
LCG United Kingdom 1996 |
CySEC 341/17 FCA (UK) 182110 |
1:200 | $10000 | Review | |
|
LiteForex Bulgaria 2005 |
CySEC 093/08 | 1:500 | $50 | Review | |
|
Alvexo Cyprus 2014 |
AFM (Netherlands) 02-04-2015 BaFin 142529 CNMV (Spain) 3917 CONSOB (Italy) 4789 CySEC 236/14 FCA (UK) 683301 |
1:400 | $500 | Review | |
|
Forex4You British Virgin Islands 2007 |
FSC (BVI) SIBA/L/12/1027 The Financial Commission 22.10.2019 |
1:1000 | $1 | Review | |
|
FXPRIMUS Cyprus 2009 |
CySEC 261/14 FSCA (South Africa) 46675 Vanuatu Financial Services Commission 14595 |
1:500 | $2500 | Review | |
|
ThinkMarkets Australia 2010 |
ASIC 424700 FCA (UK) 629628 FSCA (South Africa) 06.03.2019 |
1:500 | $250 | Review | |
|
RoboForex Belize 2009 |
IFSC (Belize) 000138/107 | 1:2000 | $10 | Review | |
|
Axiory Belize 2011 |
IFSC (Belize) IFSC/60/255/TS/13 | 1:500 | $100 | Review | |
|
XM Australia 2009 |
ASIC 443670 BaFin 124161 CNMV (Spain) 2010157773 CONSOB (Italy) 3046 CySEC 120/10 FCA (UK) 538324 FSP (New Zealand) FSP235905 |
1:888 | $5 | Review | |
|
AAAFx Greece 2010 |
HCMC (Greece) 998281207 | 1:30 | $300 | Review | |
|
ATC Brokers Cayman Islands 2005 |
Cayman Islands Monetary Authority 1448274 FCA (UK) 591361 |
1:200 | $5000 | Review | |
|
FXGM Cyprus 2011 |
BaFin 130520 Banque de France 74353 CNMV (Spain) 3321 CONSOB (Italy) 3567 CySEC 161/11 FCA (UK) 593528 FSCA (South Africa) 47709 |
1:30 | $200 | Review | |
|
AGEA Montenegro 2005 |
None | 1:500 | $1 | Review | |
|
FXOpen Australia 2003 |
ASIC 412871 FCA (UK) 579202 |
1:500 | $1 | Review | |
|
InstaForex Russian Federation 2007 |
None | 1:1000 | $1 | Review | |
|
FreshForex Russian Federation 2004 |
FSA (St. Vincent & the Grenadines) 20623 IBC 2012 | 1:1000 | $200 | Review | |
|
ForexMart Cyprus 2014 |
CySEC 266/15 | 1:500 | $1 | Review | |
|
Capital Index Australia 2014 |
FCA (UK) 709693 | 1:200 | $100 | Review | |
|
HYCM Hong Kong 1977 |
Cayman Islands Monetary Authority 1442313 CySEC 259/14 DFSA (Dubai) 000048 FCA (UK) 186171 FSA (St. Vincent & the Grenadines) 25228 |
1:325 | $100 | Review | |
|
LQDFX Malta 2015 |
None | 1:500 | $20 | Review | |
|
FXCL Ireland 2006 |
None | 1:500 | $1 | Review | |
|
CM Trading Cyprus 2011 |
FSCA (South Africa) 38782 | 1:200 | $250 | Review | |
|
Fullerton Markets Saint Vincent and the Grenadines 2015 |
None | 1:500 | $200 | Review | |
|
Credit Financier Invest Cyprus 1998 |
BaFin 1338881 Banque du Liban 40 CySEC 179/12 DFSA (Dubai) F003933 FCA (UK) 602588 Jordan Securities Commission 200164731 |
1:30 | $1 | Review | |
|
TFI Markets Cyprus 1999 |
CySEC 117/10 | 1:500 | $50 | Review | |
|
JustForex China 2012 |
IFSC (Belize) IFSC/60/241/TS/17 | 1:3000 | $1 | Review | |
|
EverFX Cyprus 2015 |
CNMV (Spain) 4256 CySEC 301/16 FCA (UK) 763771 |
1:500 | $250 | Review | |
|
NordFX Cyprus 2008 |
CySEC 209/13 | 1:1000 | $10 | Review | |
|
BDSwiss Cyprus 2012 |
CySEC 199/13 FSA (Seychelles) SD047 FSC (Mauritius) C116016172 |
1:400 | $100 | Review | |
|
FXGlory Cyprus 2011 |
None | 1:3000 | $1 | Review | |
|
AAFX Trading Australia 2004 |
ASIC 4240010 FSA (St. Vincent & the Grenadines) 22916 IBC |
1:2000 | $100 | Review | |
|
XTB Austria 2002 |
CNMV (Spain) 40 Czech National Bank 56720 FCA (UK) 522157 FSA (Poland) 0000217580 IFSC (Belize) IFSC/60/413/TS/19 |
1:30 | $1 | Review | |
|
iFOREX Cyprus 1996 |
CySEC 143/11 | 1:30 | $100 | Review | |
|
FIBOGroup Austria 1998 |
CySEC 118/10 FSC (BVI) SIBA/L/14/1063 |
1:1000 | $1 | Review | |
|
GCI Anguilla 2002 |
None | 1:400 | $500 | Review | |
|
One Financial Markets United Arab Emirates 2007 |
FCA (UK) 466201 SFC (Hong Kong) BFZ621 The Financial Commission 14.05.2020 |
1:30 | $250 | Review | |
|
PFD New Zealand 1999 |
FMA (New Zealand) FSP28944 | 1:300 | $1 | Review | |
|
Royal Australia 2008 |
ASIC 420268 CySEC 312/16 |
1:30 | $50 | Review | |
|
CPT Markets Belize 2008 |
FCA (UK) 606110 IFSC (Belize) IFSC/60/430/18(33)h |
1:500 | $500 | Review | |
|
AccentForex Vanuatu 2010 |
Ministry of Finance and Economic Management (Vanuatu) 17931 | 1:500 | $10 | Review | |
|
Profiforex Belize 2010 |
None | 1:500 | $1 | Review | |
|
Grand Capital Armenia 2006 |
FFMS 1204 The Financial Commission 15.01.2016 |
1:500 | $10 | Review | |
|
Larson & Holz IT Austria 2004 |
FMRRC (Russia) RU 0394 AA Vv0018 | 1:500 | $250 | Review | |
|
ICM Capital China 2009 |
FCA (UK) 520965 Jordan Securities Commission 02.04.2020 |
1:30 | $200 | Review | |
|
Blackwell Global Australia 2010 |
ASIC 400364 FCA (UK) 590313 FSP (New Zealand) 3061 SFC (Hong Kong) BGX296 |
1:30 | $5000 | Review | |
|
GAINSY Saint Vincent and the Grenadines 2012 |
FSA (St. Vincent & the Grenadines) 21559 | 1:500 | $10 | Review | |
|
NatureForex Belize 2011 |
IFSC (Belize) IFSC/60/214/TS/12 | 1:1000 | $20 | Review | |
|
Weltrade Belarus 2006 |
IFSC (Belize) IFSC/60/350/TS/15-16 | 1:500 | $25 | Review | |
|
GBE brokers Cyprus 2013 |
CySEC 240/14 | 1:500 | $1000 | Review | |
|
Forex Optimum Indonesia 2009 |
FSA (St. Vincent & the Grenadines) 20603 | 1:500 | $10 | Review | |
|
Euro Pacific Bank Saint Vincent and the Grenadines 2011 |
None | 1:100 | $2500 | Review | |
|
Traders Trust Cyprus 2009 |
CySEC 107/09 | 1:500 | $50 | Review | |
|
XGLOBAL Markets Cyprus 2012 |
BaFin 132843 CNMV (Spain) 2013092102 CySEC 171/12 FCA (UK) 602404 |
1:30 | $500 | Review | |
|
TenkoFX Belize 2011 |
None | 1:500 | $10 | Review | |
|
Invast Financial Services Australia 1960 |
ASIC 438283 | 1:400 | $100 | Review | |
|
FirewoodFX Saint Vincent and the Grenadines 2014 |
None | 1:1000 | $10 | Review | |
|
Vinson Financials Cyprus 2004 |
None | 1:500 | $200 | Review | |
|
Corner Trader Switzerland 1952 |
None | 1:200 | $1 | Review | |
|
WesternFX Bangladesh 2013 |
FSA (St. Vincent & the Grenadines) 21937 | 1:500 | $25 | Review | |
|
Forex.ee Estonia 2004 |
None | 1:500 | $10 | Review | |
|
Trust Capital Lebanon 2011 |
Banque du Liban 20 Capital Markets Authority (Lebanon) 520 |
1:400 | $10000 | Review | |
|
Valutrades Seychelles 2013 |
FCA (UK) 586541 FSA (Seychelles) SD028 |
1:400 | $100 | Review | |
|
FXGlobe Cyprus 2008 |
CySEC 205/13 | 1:500 | $250 | Review | |
|
Trade12 Marshall Islands 2015 |
None | 1:400 | $250 | Review | |
|
Titan FX Vanuatu 2013 |
Vanuatu Financial Services Commission 40313 | 1:500 | $200 | Review | |
|
ForexChief Nigeria 2014 |
Ministry of Finance and Economic Management (Vanuatu) 14777 | 1:1000 | $50 | Review | |
|
VARIANSE United Kingdom 2015 |
FCA (UK) 802012 | 1:100 | $500 | Review | |
|
SuperForex Belize 2013 |
IFSC (Belize) IFSC/60/292/TS/14 | 1:1000 | $1 | Review | |
|
AAATrade Cyprus 2013 |
BaFin 45052 CySEC 244/14 FCA (UK) 659844 |
1:200 | $500 | Review | |
|
Trade Fintech United Kingdom 2016 |
None | 1:200 | $250 | Review | |
|
JCMFX Belize 2014 |
FSA (St. Vincent & the Grenadines) 23313 | 1:1000 | $10 | Review | |
|
FX Giants Cyprus 2015 |
FCA (UK) FCA No. 585561 | 1:30 | $100 | Review | |
|
Land-FX China 2013 |
FCA (UK) 709866 FSP (New Zealand) FSP264385 |
1:500 | $300 | Review | |
|
CIBFX United Kingdom 2005 |
Ministry of Finance and Economic Management (Vanuatu) 14637 | 1:200 | $500 | Review | |
|
CFDTimes Cyprus 2012 |
IFSA (St. Vincent and Grenadines) 25694 IBC | 1:500 | $5 | Review | |
|
Fortrade United Kingdom 2013 |
ASIC 493520 CySEC 385/20. FCA (UK) 609970 IIROC 20-0021 NBRB (Belarus) 193075810 |
1:100 | $500 | Review | |
|
Turnkey Forex United Kingdom 2009 |
None | 1:400 | $5 | Review | |
|
CMS Trader Australia 2013 |
None | 1:400 | $500 | Review | |
|
TriumphFX Australia 2009 |
Ministry of Finance and Economic Management (Vanuatu) 17901 | 1:500 | $100 | Review | |
|
Tifia Indonesia 2011 |
Ministry of Finance and Economic Management (Vanuatu) 40209 | 1:1000 | $10 | Review | |
|
Swiss Markets Cyprus 2016 |
CySEC 199/13 FSC (Mauritius) C116016172 |
1:500 | $200 | Review | |
|
FXB Trading Saint Vincent and the Grenadines 2015 |
FSA (St. Vincent & the Grenadines) 22500 | 1:500 | $250 | Review | |
|
World Forex Vanuatu 2007 |
FSC (BVI) 1420912 Vanuatu Financial Services Commission 300236 |
1:500 | $1 | Review | |
|
AMEGA Cyprus 2018 |
None | 1:1000 | $1 | Review | |
|
Capital Street FX Bulgaria 2012 |
FSC (Mauritius) C112010690 | 1:3500 | $100 | Review | |
|
ETO Markets Australia 2013 |
ASIC 420224 | 1:400 | $AUD200 | Review | |
|
Equiti Global Markets Armenia 2007 |
DMCC (Dubai) 31573 Dubai Gold and Commodities Exchange 31573 FCA (UK) 528328 SCA (UAE) 607136 |
1:500 | $500 | Review | |
|
JAFX Saint Vincent and the Grenadines 2013 |
None | 1:500 | $10 | Review | |
|
Boston Merchant Financial Australia 1988 |
ASIC 379035 FCA (UK) 563348 FFMS 1220 FSC (Bulgaria) RG-03-220 FSP (New Zealand) FSP328066 |
1:400 | $50 | Review | |
|
CryptoRocket Saint Vincent and the Grenadines 2019 |
None | 1:500 | $10 | Review | |
|
IronFX Australia 2010 |
ASIC 417482 CySEC 125/10 FCA (UK) 585561 FSCA (South Africa) 45276 |
1:30 | $100 | Review | |
|
Fort Financial Services China 2010 |
IFSC (Belize) IFSC/60/256/TS/14 | 1:1000 | $1 | Review | |
|
UBFX China 2016 |
Ministry of Finance and Economic Management (Vanuatu) 14745 | 1:400 | $1 | Review | |
|
FXLinked Seychelles 2018 |
FSA (Seychelles) SD011 | 1:400 | $10 | Review | |
|
RCPro Estonia 2018 |
None | 1:200 | $500 | Review | |
|
One Global Market United Kingdom 2016 |
FCA (UK) 769481 | 1:30 | $10000 | Review | |
|
Blueberry Markets Australia 2016 |
ASIC 391441 | 1:500 | $100 | Review | |
|
Olymp Trade Cyprus 2014 |
The Financial Commission 22.02.2016 | 1:500 | $2 | Review | |
|
LegacyFx Cyprus 2017 |
BaFin 348194 CySEC 344/17 FCA (UK) 797343 NBRB (Belarus) 193180778 Vanuatu Financial Services Commission 14579 |
1:200 | $500 | Review | |
|
AMP Global Cyprus 2018 |
BaFin 154811 CFTC/NFA 0412490 CNMV (Spain) 4624 CONSOB (Italy) 4869 CySEC 360/180 FCA (UK) 819311 |
1:50 | $100 | Review | |
|
CMS Prime United Arab Emirates 2004 |
None | 1:500 | $1000 | Review | |
|
Scandinavian Capital Markets Sweden 2011 |
Finansinspektionen (Sweden) 556863-5972 | 1:100 | $10000 | Review | |
|
Dizicx Congo 2016 |
None | 1:500 | $10 | Review | |
|
M4Markets Seychelles 2019 |
FSA (Seychelles) SD035 | 1:500 | $50 | Review | |
|
StreamsFxGlobal Saint Vincent and the Grenadines 2019 |
None | 1:100 | $200 | Review | |
|
streamsfx Cyprus 2019 |
CySEC 376/19 | 1:30 | $500 | Review | |
|
Yadix Seychelles 2010 |
FSA (Seychelles) SD021 | 1:500 | $20 | Review | |
|
Axes Ukraine 2018 |
IFSA (St. Vincent and Grenadines) 338 llc 2020 | 1:500 | $500 | Review | |
|
Cornèr Trader Switzerland 1952 |
None | 1:200 | $1 | Review | |
|
BlackBull Markets New Zealand 2014 |
FMA (New Zealand) FSP403326 FSA (Seychelles) BBG Limited |
1:500 | $200 | Review | |
|
AvaTrade Australia 2006 |
ASIC 406668 Central Bank of Ireland C53877 Financial Futures Association (Japan) 1574 Financial Services Regulatory Authority (Abu Dhabi) 190018 FSA (Japan) 1662 FSC (BVI) 2013-07-30 FSCA (South Africa) 45984 IS |
1:400 | $100 | Review | |
|
AMarkets Montenegro 2007 |
FSA (St. Vincent & the Grenadines) 22567 IBC 2015 The Financial Commission 01.09.2013 |
1:1000 | $100 | Review | |
|
MaxiMarkets Russian Federation 2008 |
None | 1:200 | $500 | Review | |
|
UFX United Kingdom 2009 |
CySEC 127/10 Vanuatu Financial Services Commission 14581 |
1:200 | $100 | Review | |
|
Axi Australia 2007 |
ASIC 318232 DFSA (Dubai) 2758 FCA (UK) 509746 FSCL (New Zealand) FSP518226 |
1:400 | $1 | Review | |
|
USGFX Australia 2006 |
FCA (UK) 798776 FSCA (South Africa) 49854 |
1:500 | $100 | Review | |
|
TrioMarkets Cyprus 2014 |
CySEC 268/15 FSC (Mauritius) C118023678 |
1:30 | $500 | Review | |
|
Alfa Capital Cyprus 2003 |
Bank of Russia 1167746614947 | 1:100 | $1 | Review | |
|
OctaFX Saint Vincent and the Grenadines 2011 |
CySEC 372/18 FCA (UK) 679306 IFSA (St. Vincent and Grenadines) 19776 IBC 2011 |
1:500 | $100 | Review | |
|
PaxForex Saint Vincent and the Grenadines 2010 |
None | 1:500 | $10 | Review | |
|
Vantage FX Australia 2006 |
ASIC #ACN 140 903 886 Cayman Islands Monetary Authority 1383491 FCA (UK) 501057 |
1:500 | $200 | Review | |
|
FxPro Bahamas 2006 |
CySEC 078/07 DFSA (Dubai) F003333 FCA (UK) 509956 FSCA (South Africa) 45052 |
1:50 | $100 | Review | |
|
MultiBank Australia 2005 |
ASIC 416279 BaFin 73406 DFSA (Dubai) CL3989 FCA (UK) 481068 FSC (BVI) SIBA/L/14/1068 Ras Al Khaimah Free Trade Zone IC/2993/10 |
1:500 | $50 | Review |
ads |
ads |
Forex Broker Articles
