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 Max Leverage Min Deposit
Dukascopy
Hong Kong 1998

1:200 $100 Review
XTB
Austria 2002

  • CNMV (Spain)
  • Czech National Bank 56720
  • DFSA (Dubai)
  • FCA (UK)
  • FSA (Poland)
  • FSCA (South Africa)
  • IFSC (Belize)
  • ESMA
1:30 $1 Review
Axi
Australia 2007

1:500 $1 Review
FP Markets
Australia 2005

  • ASIC
  • CySEC
1:500 $100 Review
Vantage
Australia 2006

  • ASIC
  • Cayman Islands Monetary Authority
  • FCA (UK)
  • Vanuatu Financial Services Commission
1:500 $200 Review
HYCM
Hong Kong 1977

  • Cayman Islands Monetary Authority
  • CySEC
  • DFSA (Dubai)
  • FCA (UK)
  • FSA (St. Vincent & the Grenadines)
1:325 $100 Review
Pepperstone
Australia 2010

  • ASIC 414530
  • BaFin
  • Capital Markets Authority of Kenya
  • CySEC
  • DFSA (Dubai)
  • FCA 684312
  • SCB SIA-F217
1:30 $200 Review
easyMarkets
Australia 2001

  • ASIC
  • CySEC
  • FSA (Seychelles)
  • FSC (BVI)
1:400 $25 Review
Hantec Markets
Australia 2009

1:30 $1000 Review
AGEA
Montenegro 2005

1:500 $1 Review
Admirals
Argentina 2001

  • ASIC
  • CySEC
  • FCA (UK)
  • FSA (Estonia)
  • FSA (Seychelles)
  • FSCA (South Africa)
  • IIROC
  • Jordan Securities Commission
1:500 $100 Review
AvaTrade
Australia 2006

  • ASIC
  • Central Bank of Ireland C53877
  • Financial Futures Association (Japan)
  • Financial Services Regulatory Authority (Abu Dhabi)
  • FSA (Japan)
  • FSC (BVI)
  • FSCA (South Africa)
  • IS
1:400 $100 Review
Exness
Cyprus 2008

  • Capital Markets Authority of Kenya
  • CySEC
  • FCA (UK)
  • FSA (Seychelles)
  • FSC (BVI)
  • FSC (Mauritius)
  • FSCA (South Africa)
  • The Financial Commission 22.07.2021
1:2000 $1 Review
ThinkMarkets
Australia 2010

  • ASIC
  • FCA (UK)
  • FSA (Japan)
  • FSCA (South Africa)
1:500 $1 Review
Tickmill
Seychelles 2014

  • BaFin 146511
  • CySEC
  • FCA (UK)
  • FSA (Seychelles)
  • FSCA (South Africa)
1:500 $100 Review
TMGM
Australia 2013

  • ASIC
  • FSP (New Zealand)
  • Vanuatu Financial Services Commission
1:500 $100 Review
eToro
China 2007

  • ASIC
  • CySEC 109/10
  • FCA (UK)
  • FINRA
1:400 $200 Review
Blueberry Markets
Australia 2016

  • ASIC
1:500 $100 Review
FXOpen
Australia 2003

  • ASIC
  • FCA (UK)
  • The Financial Commission
1:500 $1 Review
HF Markets
Cyprus 2010

  • Capital Markets Authority of Kenya
  • CySEC
  • DFSA (Dubai) F004885
  • FCA (UK)
  • FSA (Seychelles)
  • FSA (St. Vincent & the Grenadines)
  • FSC (Mauritius)
  • FSCA (South Africa)
1:1000 $5 Review
OvalX
Cyprus 1965

1:400 $100 Review
FXPRIMUS
Cyprus 2009

1:500 $2500 Review
FXTM
Belize 2011

1:2000 $10 Review
FxPro
Bahamas 2006

  • CySEC
  • DFSA (Dubai)
  • FCA (UK)
  • FSCA (South Africa)
1:50 $100 Review
BDSwiss
Cyprus 2012

  • BaFin
  • CFTC/NFA 0486419
  • CySEC
  • FSA (Seychelles)
  • FSC (Mauritius)
1:400 $100 Review
RoboForex
Belize 2009

  • IFSC (Belize)
  • The Financial Commission
1:2000 $10 Review
FIBOGroup
Austria 1998

  • CySEC
  • FSC (BVI)
1:1000 $1 Review
Axiory
Belize 2011

  • FSC (Mauritius)
  • IFSC (Belize)
1:777 $10 Review
Orbex
Cyprus 2009

1:500 $200 Review
OctaFX
Saint Vincent and the Grenadines 2011

  • CySEC
  • FCA (UK)
  • IFSA (St. Vincent and Grenadines)
1:500 $100 Review
CPT Markets
Belize 2008

  • FCA (UK)
  • IFSC (Belize)
1:500 $500 Review
Fullerton Markets
Saint Vincent and the Grenadines 2015

  • The Financial Commission
1:500 $200 Review
InstaForex
Russian Federation 2007

  • FSA (St. Vincent & the Grenadines)
  • FSC (BVI)
1:1000 $1 Review
JustForex
Cyprus 2012

  • FSA (Seychelles)
  • FSA (St. Vincent & the Grenadines)
1:3000 $1 Review
IronFX
Australia 2010

  • ASIC
  • CySEC
  • FCA (UK)
  • FSCA (South Africa)
1:30 $100 Review
ForexMart
Cyprus 2014

  • CySEC
1:500 $1 Review
XM
Australia 2009

  • ASIC
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • FCA (UK)
  • FSP (New Zealand) FSP235905
  • IFSC (Belize)
  • ESMA
1:888 $5 Review
Grand Capital
Armenia 2006

  • FFMS 1204
  • The Financial Commission
1:500 $10 Review
FirewoodFX
Saint Vincent and the Grenadines 2014

1:1000 $10 Review
LiteFinance
Bulgaria 2005

  • CySEC
1:500 $50 Review
LiteForex
Bulgaria 2005

  • CySEC
1:500 $50 Review
FBS
China 2009

1:3000 $1 Review
NordFX
Cyprus 2008

  • Vanuatu Financial Services Commission
1:1000 $10 Review
Olymp Trade
Cyprus 2014

  • The Financial Commission
1:500 $2 Review
iFOREX
Cyprus 1996

  • CySEC
1:30 $100 Review
FreshForex
Russian Federation 2004

  • FSA (St. Vincent & the Grenadines)
1:2000 $1 Review
PaxForex
Saint Vincent and the Grenadines 2010

1:500 $10 Review
TenkoFX
Belize 2011

  • IFSC (Belize)
1:500 $10 Review
LQDFX
Malta 2015

1:500 $20 Review
TriumphFX
Australia 2009

  • FSA (Seychelles)
  • Vanuatu Financial Services Commission
1:500 $100 Review
Forex4You
British Virgin Islands 2007

  • FSC (BVI)
  • The Financial Commission
1:1000 $1 Review
M4Markets
Seychelles 2019

  • FSA (Seychelles)
1:1000 $5 Review
Profiforex
Belize 2010
1:500 $1 Review
AccentForex
Vanuatu 2010
  • Vanuatu Financial Services Commission
1:500 $10 Review
Larson & Holz IT
Austria 2004
1:500 $250 Review
Royal
Australia 2008
  • ASIC
  • CySEC
1:30 $50 Review
ICM Capital
China 2009
  • FCA (UK)
  • Jordan Securities Commission
1:30 $200 Review
Blackwell Global
Bahamas 2010
  • CySEC
  • FCA (UK)
  • Securities Commission of The Bahamas
1:200 $1 Review
Traders Trust
Bermuda 2009
  • CySEC
1:500 $50 Review
NatureForex
Belize 2011
  • IFSC (Belize)
1:1000 $20 Review
GBE brokers
Cyprus 2013
  • CySEC
1:30 $500 Review
Forex Optimum
Indonesia 2009
  • FSA (St. Vincent & the Grenadines)
1:500 $10 Review
Euro Pacific Bank
Saint Vincent and the Grenadines 2011
1:100 $2500 Review
XGLOBAL Markets
Cyprus 2012
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • FCA (UK)
  • Vanuatu Financial Services Commission
  • ESMA
1:30 $100 Review
Invast Financial Services
Australia 1960
  • ASIC
1:400 $100 Review
Vinson Financials
Cyprus 2004
1:500 $200 Review
Corner Trader
Switzerland 1952
1:200 $1 Review
WesternFX
Bangladesh 2013
  • FSA (St. Vincent & the Grenadines)
1:500 $25 Review
Forex.ee
Estonia 2004
1:500 $10 Review
GAINSY
Saint Vincent and the Grenadines 2012
  • FSA (St. Vincent & the Grenadines)
1:500 $10 Review
PFD
New Zealand 1999
1:300 $1 Review
LCG
United Kingdom 1996
1:200 $10000 Review
GCI
Anguilla 2002
1:400 $500 Review
Alvexo
Cyprus 2014
  • AFM (Netherlands) 02-04-2015
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • FCA (UK)
  • FSA (Seychelles)
  • ESMA
1:400 $500 Review
FxNet
United Arab Emirates 2012
  • CySEC
  • IFSC (Belize)
1:500 $50 Review
Tradeo
Cyprus 2012
  • CySEC
  • FSCA (South Africa)
1:30 $250 Review
AAAFx
Greece 2010
1:30 $300 Review
ATC Brokers
Cayman Islands 2005
1:200 $5000 Review
FXGM
Cyprus 2011
  • BaFin
  • Banque de France
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • FCA (UK)
  • FSCA (South Africa)
  • ESMA
1:30 $200 Review
NSFX
Malta 2011
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • FSA (Denmark)
  • MFSA IS/56519
  • ESMA
1:50 $300 Review
FxGrow
Cyprus 2008
  • BaFin
  • Banque de France 74965
  • CNMV (Spain)
  • CySEC
  • FCA (UK)
  • Finansinspektionen (Sweden)
  • HCMC (Greece)
  • ESMA
1:100 $100 Review
Capital Index
Australia 2014
  • FCA (UK)
  • Securities Commission of The Bahamas
1:200 $100 Review
TryMarkets
United Arab Emirates 2012
1:500 $500 Review
One Financial Markets
United Arab Emirates 2007
1:30 $250 Review
Trust Capital
Lebanon 2011
1:400 $10000 Review
CM Trading
Cyprus 2011
  • FSA (Seychelles)
  • FSCA (South Africa)
1:200 $100 Review
Credit Financier Invest
Cyprus 1998
  • BaFin
  • Banque du Liban 40
  • CySEC
  • DFSA (Dubai)
  • FCA (UK)
  • Jordan Securities Commission
1:30 $1 Review
TFI Markets
Cyprus 1999
  • CySEC
1:500 $50 Review
Fondex
Cyprus 2010
  • CySEC
  • FSA (Seychelles)
1:30 $250 Review
EverFX
Cyprus 2015
  • Cayman Islands Monetary Authority
  • CNMV (Spain)
  • CySEC
  • ESMA
1:500 $250 Review
Finotec
United Kingdom 1998
  • FCA (UK)
1:200 $200 Review
Trade360
Cyprus 2013
1:200 $500 Review
FXGlory
Cyprus 2011
1:3000 $1 Review
AAFX Trading
Australia 2004
  • FSA (St. Vincent & the Grenadines)
1:2000 $100 Review
IFC Markets
British Virgin Islands 2006
1:400 $1 Review
FXCL
Ireland 2006
  • FSA (St. Vincent & the Grenadines)
1:1000 $1 Review
Valutrades
Seychelles 2013
  • FCA (UK)
  • FSA (Seychelles)
1:400 $100 Review
Trade Fintech
United Kingdom 2016
1:200 $250 Review
Trade12
Marshall Islands 2015
1:400 $250 Review
ForexVox
United Kingdom 2019
  • FCA (UK)
  • FSA (Seychelles)
1:500 $1 Review
AZAforex
Saint Vincent and the Grenadines 2016
1:1000 $1 Review
Moneta Markets
Australia 2020
  • Cayman Islands Monetary Authority
  • FSCA (South Africa)
  • Vanuatu Financial Services Commission
1:500 $50 Review
XtreamForex
Marshall Islands 2015
1:1000 $5 Review
HFTrading
New Zealand 2019
  • ASIC
  • FSP (New Zealand)
1:400 $300 Review
FXGT
Cyprus 2019
  • CySEC
  • FSA (Seychelles)
1:500 $10 Review
Blaze Markets
Australia 2020
  • FSA (St. Vincent & the Grenadines)
1:200 $100 Review
Investous
Belize 2018
  • CySEC
  • IFSC (Belize)
1:500 $250 Review
AdroFx
Saint Lucia 2018
  • FSA (St. Vincent & the Grenadines)
  • Vanuatu Financial Services Commission
1:500 $25 Review
ForexTB
Cyprus 2020
  • CySEC
1:30 $250 Review
MultiBank
United States 2005
  • SIC
  • BaFin
  • CIMA
  • CNMV
  • FMA
  • TFG
  • HKCE
  • AUSTRAC
  • VFSC
1:500 $50 Review
Alfa Capital
Cyprus 2003
1:100 $1 Review
TrioMarkets
Cyprus 2014
  • CySEC
  • FSC (Mauritius)
1:30 $250 Review
USGFX
Australia 2006
  • FCA (UK)
  • FSCA (South Africa)
1:500 $100 Review
UFX
United Kingdom 2009
  • BaFin
  • CNMV (Spain)
  • CySEC
  • Finansinspektionen (Sweden)
  • Vanuatu Financial Services Commission
  • ESMA
1:200 $100 Review
MaxiMarkets
Russian Federation 2008
1:200 $500 Review
AMarkets
Saint Vincent and the Grenadines 2007
  • FSA (St. Vincent & the Grenadines)
  • The Financial Commission
1:1000 $100 Review
Forex24
Cyprus
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • FCA (UK)
  • ESMA
1:400 $2000 Review
BlackBull Markets
New Zealand 2014
  • FCA (UK)
  • FMA (New Zealand)
  • FSA (Seychelles)
1:500 $50 Review
BMFN
Australia 1988
  • Vanuatu Financial Services Commission
1:400 $50 Review
CapitalCore
Saint Vincent and the Grenadines 2019
1:1000 $1 Review
FinPros
Seychelles 2020
  • FSA (Seychelles)
1:400 $800 Review
Geratsu
Saint Vincent and the Grenadines 2020
1:1000 $10 Review
Crystal Ball Markets
Saint Vincent and the Grenadines 2020
1:1000 $50 Review
Emd Broker
Georgia 2020
  • FSC (Mauritius)
1:300 $100 Review
Equiti
Armenia 2007
1:500 $500 Review
Investizo
Saint Vincent and the Grenadines 2019
  • FSA (St. Vincent & the Grenadines)
1:1000 $10 Review
Absolute Markets
Saint Vincent and the Grenadines 2021
1:1000 $50 Review
Solid ECN
Saint Vincent and the Grenadines 2017
  • FSA (St. Vincent & the Grenadines)
1:1000 $1 Review
TOP1Markets
Australia 2018
  • ASIC
  • Vanuatu Financial Services Commission
1:100 $100 Review
FX Sign
Georgia 2015
  • IFSA (St. Vincent and Grenadines)
1:1000 $1 Review
Alfa Capital Markets
Cyprus 2003
  • Bank of Russia
  • CySEC
1:100 $1 Review
GANNMarkets
Montenegro 2018
1:400 $10 Review
Number One Capital Markets
Turkey 2017
  • Vanuatu Financial Services Commission
1:1000 $5 Review
Evest
Vanuatu 2021
  • FSCA (South Africa)
  • Vanuatu Financial Services Commission
1:400 $250 Review
CryptoAltum
Marshall Islands 2019
1:500 $0.002 BTC Review
Milton Prime
Cyprus 2014
  • CySEC
  • FSA (Seychelles)
1:500 $300 Review
Axiance
Cyprus 2015
  • Cayman Islands Monetary Authority
  • CNMV (Spain)
  • CySEC
  • FSA (Seychelles)
  • FSC (Mauritius)
  • ESMA
1:500 $100 Review
Trading.com
United Kingdom 2018
  • FCA (UK)
1:30 $5 Review
FXGlobe
Cyprus 2008
  • BaFin
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • MFSA
  • ESMA
1:500 $250 Review
Axes
Ukraine 2018
  • IFSA (St. Vincent and Grenadines)
1:500 $500 Review
streamsfx
Cyprus 2019
  • CySEC
1:30 $500 Review
World Forex
Vanuatu 2007
  • FSC (BVI)
  • The Financial Commission
  • Vanuatu Financial Services Commission
1:500 $1 Review
FXB Trading
Saint Vincent and the Grenadines 2015
  • FSA (St. Vincent & the Grenadines)
1:500 $250 Review
Swiss Markets
Cyprus 2016
  • CySEC
  • FSA (Seychelles)
  • FSC (Mauritius)
1:500 $200 Review
Tifia
Indonesia 2011
  • FSC (Mauritius)
  • Vanuatu Financial Services Commission
1:1000 $10 Review
CMS Trader
Australia 2013
1:400 $500 Review
Turnkey Forex
United Kingdom 2009
1:400 $200 Review
Fortrade
United Kingdom 2013
  • ASIC
  • CySEC
  • FCA (UK)
  • FSC (Mauritius)
  • IIROC 20-0021
  • NBRB (Belarus)
1:100 $500 Review
CFDTimes
Cyprus 2012
1:500 $5 Review
AMEGA
Cyprus 2018
1:1000 $1 Review
CIBFX
Vanuatu 2005
  • Vanuatu Financial Services Commission
1:200 $500 Review
FX Giants
Cyprus 2015
  • FCA (UK)
1:30 $100 Review
JCMFX
Belize 2014
  • FSA (St. Vincent & the Grenadines)
1:1000 $10 Review
Alpari
Saint Vincent and the Grenadines 1998
  • FSA (Seychelles) SD026
  • FSA (St. Vincent & the Grenadines)
  • The Financial Commission
1:1000 $1 Review
SuperForex
Belize 2013
  • IFSC (Belize)
1:1000 $1 Review
VARIANSE
United Kingdom 2015
  • FCA (UK)
  • FSA (Labuan)
  • FSC (Mauritius)
1:30 $500 Review
ForexChief
Vanuatu 2014
1:1000 $10 Review
Titan FX
Vanuatu 2013
  • Vanuatu Financial Services Commission
1:500 $200 Review
Land-FX
China 2013
  • FCA (UK)
  • FSP (New Zealand)
1:500 $300 Review
Yadix
Seychelles 2010
  • FSA (Seychelles)
1:500 $100 Review
Capital Street FX
Bulgaria 2012
  • FSC (Mauritius)
1:3500 $100 Review
Equiti Global Markets
Armenia 2007
  • DMCC (Dubai) 31573
  • Dubai Gold and Commodities Exchange
  • FCA (UK)
  • SCA (UAE)
1:500 $500 Review
StreamsFxGlobal
Saint Vincent and the Grenadines 2019
1:100 $200 Review
Dizicx
Mauritius 2016
  • FSA (St. Vincent & the Grenadines)
1:400 $100 Review
Scandinavian Capital Markets
Sweden 2011
1:100 $10000 Review
CMS Prime
United Arab Emirates 2004
  • FSA (St. Vincent & the Grenadines)
  • FSC (Mauritius)
  • Vanuatu Financial Services Commission
1:500 $500 Review
AMP Global
Cyprus 2018
  • BaFin
  • CFTC/NFA
  • CNMV (Spain)
  • CONSOB (Italy)
  • CySEC
  • FCA (UK)
  • ESMA
1:50 $100 Review
XBTFX
Saint Vincent and the Grenadines 2019
  • FSA (St. Vincent & the Grenadines)
1:500 $1 Review
Just2Trade
Cyprus 2015
  • CySEC
1:500 $100 Review
LegacyFx
Cyprus 2017
  • BaFin
  • CySEC
  • FCA (UK)
  • NBRB (Belarus) 193180778
  • Vanuatu Financial Services Commission
1:200 $500 Review
ETO Markets
Australia 2013
  • ASIC
1:30 $200 Review
One Global Market
United Kingdom 2016
  • FCA (UK)
1:30 $10000 Review
RCPro
Estonia 2018
1:200 $500 Review
FXLinked
Seychelles 2018
  • FSA (Seychelles)
1:400 $10 Review
UBFX
China 2016
  • Ministry of Finance and Economic Management (Vanuatu)
1:400 $1 Review
Fort Financial Services
China 2010
  • IFSC (Belize)
1:1000 $5 Review
CryptoRocket
Saint Vincent and the Grenadines 2019
1:500 $10 Review
Boston Merchant Financial
Australia 1988
  • ASIC
  • FCA (UK)
  • FFMS
  • FSC (Bulgaria)
  • FSP (New Zealand)
  • ESMA
1:400 $50 Review
JAFX
Saint Vincent and the Grenadines 2013
1:500 $10 Review
INFINOX
United Kingdom 2009
  • FCA (UK)
  • FSC (Mauritius)
1:30 $100 Review
HotForex
Cyprus 2010
  • Capital Markets Authority of Kenya
  • CySEC
  • DFSA (Dubai)
  • FCA (UK)
  • FSA (Seychelles)
  • FSA (St. Vincent & the Grenadines)
  • FSC (Mauritius)
  • FSCA (South Africa)
1:1000 $5 Review



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