We found 11 online brokers that are appropriate for Trading CFD Haram Investment Platforms.
There have been numerous debates on the subject of CFD (contract for differences) in Islam. For instance, many experts have claimed it is forbidden. However, others pointed out that CFD trading is accepted as a practice or activity. This practice is widespread in western countries where digital assets are traded daily. However, such is not the same as there have been many controversies around CFD's amongst Muslims.
In Islamic law, CFD trading is not permitted. It is because CFD's are based on leverage. Furthermore, there is no underlying asset in a CFD. The broker determines the resulting exchange price. The transaction is not halal, but halal if undertaken for a business purpose. Therefore, trading CFD's is a form of gambling that Islam prohibits.
The main halal criteria for trading CFD's are interest rates, trading volume, and size. Traders can leverage only a small portion of their trade to profit. The Islamic rule prohibits riba from making unjustified profits from these trading methods. While CFD trading is legal in most countries, it is considered haram in some Islamic states because of the traders' commissions.
The trading of CFD's is not considered haram in Islam. However, it is prohibited in some instances. Despite the many benefits, trading in CFD's is not halal in Islam, as it requires pledging a loan. It is haram to sell a contract based on a pledge in Islam. As long as you do not use leverage in your trading, it will not be considered haram.
A contract for difference (CFD) is a type of financial contract. This type of financial contract involves an agreement between two parties where the buyer agrees to pay the seller the difference between an asset's value and the contract value. A CFD typically takes place between a buyer and a seller. A common example is when a buyer and a seller agree to trade a car. The contract is usually between two people but can be between two companies.
A CFD is a contract for difference (CFD). It involves speculating on the price of an asset. When trading with a CFD, the buyer will pay a higher asking price to buy a particular asset. The seller must pay a lower bid price. A trader can short sell a market by selling a security. In this way, the buyer and seller can avoid paying a negative spread.
CFD's are based on speculations. It makes them look or sound like gambling. You are only speculating on the value of an asset increasing in the future. Based on sharia and Islamic law, CFD trading is seen as haram. It simply means that it is forbidden to be practised because it contains some gambling elements. Due to all of these, it can be said that CFD trading activities are not sharia-compliant. It is the same thing as cryptocurrency, which is also viewed as haram. It is because Islam sees it as having some elements of a gamble. Just as you can make profits when prices change in crypto trading, CFD trading can be the same. In both scenarios, your profits are based on speculation.
In the Holy Quran, it has been strongly advised that Muslims should refrain from gambling activities or interests. Another reason CFD's are considered haram is because money is exchanged for money, usually in different amounts. It is why riba is prohibited in the first place. If you are receiving such money as a Muslim, it is recommended to ensure fatwa is included.
CFD trading is seen by many Muslims as an activity whereby one person is losing while another is winning. It is strongly discouraged in the Islamic religion. It is the major reason why many Muslims see it as gambling. Islam strongly encourages Muslims to be actively involved in activities that create value.
If you are a Muslim, you may be wondering whether or not CFD trading is haram. This type of trading allows you to bet on numbers and prices, and the company keeps this money until you have recovered it. Although the concept is legal, it violates Islamic law. It is because CFD's are a derivative, which is prohibited in Islam. In addition, you cannot withdraw your funds unless the brokerage company has approved them.
In Islamic law, it is strictly forbidden to engage in day trading, which is buying and selling securities on the market on the same day. It is because the intent is to make profits quickly. In contrast, halal day trading is considered the same as investing in stocks and futures. In other words, you can invest in binary options while still keeping your halal lifestyle.
The difference between CFD and stock exchange trading is relatively small. A trader can open a position with as little as $200 and only need a small amount to cover the entire transaction. The commission is paid when the trade is closed, usually calculated based on the price of the entry and exit of the position. The difference between the purchase and sale prices is then netted together to determine the final amount of the transaction.
In the case of CFD's, a trader can buy and sell instruments at a higher or lower price than they originally purchased them. The trader can sell the instrument at a lower price than the original deposit and recover some of the money if the instrument's price falls. The trader can make a profit or lose money in either case. In the case of CFD's, the margin deposit is lower than in the case of stock trading.
Trading digital assets in Islam is not a straightforward process. You are expected to do so in line with sharia laws. Even in the Islam stock market, there are stocks that you are not expected to trade. In other words, these are strongly considered haram. It is imperative to always remember this fact before looking for digital assets to invest your hard-earned money in.
Having read the above details, you must have seen that CFD trading activities are considered haram, including the reasons behind such views. You will not see any reputable broker supporting such activities in Islam trading.
We have conducted extensive research and analysis on over multiple data points on CFD Haram to present you with a comprehensive guide that can help you find the most suitable CFD Haram. Below we shortlist what we think are the best CFD Haram Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching CFD Haram.
Selecting a reliable and reputable online CFD Haram Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade CFD Haram Investment Platforms more confidently.
Selecting the right online CFD Haram Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for CFD Haram Investment Platforms trading, it's essential to compare the different options available to you. Our CFD Haram Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a CFD Haram Investment Platforms broker that best suits your needs and preferences for CFD Haram Investment Platforms. Our CFD Haram Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top CFD Haram Investment Platforms.
Compare CFD Haram Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a CFD Haram Investment Platforms broker, it's crucial to compare several factors to choose the right one for your CFD Haram Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are CFD Haram Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more CFD Haram Investment Platforms that accept CFD Haram Investment Platforms clients.
Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare CFD Haram Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top CFD Haram Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top CFD Haram Investment Platforms below.
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Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
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