Top Halal Trading for 2025

We found 11 online brokers that are appropriate for Trading Islamic.

Best Halal Trading Guide

Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - December 30, 2024

Halal Trading: A Comprehensive Guide to Sharia-Compliant Investing

The topic of halal trading has generated significant debate among both Islamic and Western scholars. It pertains to whether intraday trading is permissible within Islam. In Islamic terms, 'halal' means permitted, while 'haram' refers to something forbidden.

This guide delves into how Islamic principles view buying and trading stocks, determining whether such practices are considered halal or haram, and provides detailed strategies for informed readers. Every religion has unique perspectives on trading, and Muslims require different opportunities for halal trading. Various trading platforms can cater to different preferences and needs, offering advantages when using Islamic trading accounts.

What is Halal Trading?

Halal trading involves investment activities that adhere to Islamic principles and laws, known as Sharia. 'Halal' means permissible or lawful in Arabic, and halal trading ensures that all financial transactions align with Islamic ethics. This includes avoiding interest-based transactions (riba), gambling (maysir), and investments in businesses involved in haram (forbidden) activities like alcohol, tobacco, and gambling. Islamic finance, the foundation of halal trading, operates on risk-sharing principles, contrasting with conventional finance's risk-transfer model. This promotes fairness, transparency, and social justice in financial dealings.

Principles of Halal Investing

The core principles of halal investing derive from the broader framework of Islamic finance. Charging interest on loans (riba) is considered exploitative and is prohibited. Instead, profit-sharing arrangements like Mudarabah (profit-sharing) and Musharakah (joint venture) are encouraged. Investments must avoid maysir, ensuring they are based on tangible assets or services rather than speculative transactions, thus ensuring stability and reducing excessive uncertainty in financial markets. Furthermore, excessive uncertainty (gharar) is prohibited, with Islamic finance emphasizing clear, transparent contracts where all terms and conditions are well understood by all parties involved. Lastly, investments must be in businesses that engage in halal activities, avoiding sectors like alcohol, tobacco, gambling, pork products, and any enterprise considered unethical or harmful to society.

What is Halal trading

Types of Halal Investments

Several types of halal investments comply with Sharia principles. Investing in shares of companies that operate ethically in permissible industries is common. Detailed analysis of financial statements and business practices ensures compliance with Sharia principles. Sukuk, or Islamic bonds, represent ownership in tangible assets or a pool of assets and provide returns derived from the underlying assets’ earnings rather than interest payments. They are structured to comply with Islamic laws, involving asset-backed financing and profit-sharing models. Real estate investment is favored in halal trading due to its tangible nature and potential for generating rental income.

Halal trading must follow Islamic rules, which means avoiding interest. Some ways to invest include buying property directly, investing in real estate investment trusts (REITs), and using Sharia-compliant property funds. Islamic mutual funds gather money from many investors to invest in different halal assets. Professionals manage these funds to make sure they follow Sharia rules, and they often include stocks, Sukuk (Islamic bonds), and real estate.

Sukuk trading

Advanced Investment Strategies

For informed readers, understanding specific investment strategies within halal trading is crucial. Conducting thorough due diligence to ensure investments are in permissible industries, using tools like Sharia screening filters, can help identify compliant companies. Assessing companies based on financial ratios, such as debt-to-equity and interest income thresholds, ensures compliance with Islamic principles. Deciding between actively managed funds, which involve frequent trading and active decision-making, and passive funds, which track a Sharia-compliant index, is another key strategy. Focusing on long-term value investing involves selecting companies with strong fundamentals and growth potential, adhering to ethical practices, and contributing positively to society.

Sharia-compliant financial instruments, such as Sukuk, are crucial for advanced investment strategies. Sukuk structures differ from conventional bonds in that they do not involve interest payments. Instead, Sukuk holders receive returns generated from the underlying assets, such as lease payments or profit-sharing arrangements. This aligns with Islamic principles by ensuring risk and reward sharing. Advanced trading techniques may include diversifying across various Sukuk types, such as Ijara (lease-based), Mudarabah (partnership-based), and Musharakah (joint venture-based), to optimize returns while adhering to Sharia principles.

Risk management strategies aligned with Islamic principles are essential. These may include using Takaful (Islamic insurance) to mitigate risks and employing hedging techniques that comply with Sharia, such as using commodity Murabaha (cost-plus financing) contracts. Maintaining a balanced and diversified portfolio across different asset classes, such as equities, real estate, and Sukuk, helps manage risk while ensuring compliance with Islamic principles.

Benefits of Halal Trading

Halal trading offers numerous benefits, both financial and ethical. It provides investment avenues for Muslims adhering to their religious principles, expanding the investor base and contributing to market growth. Ethical investment practices in halal trading can lead to more stable financial markets. By avoiding speculative and interest-based transactions, halal trading reduces volatility and promotes long-term, sustainable growth. Furthermore, halal trading emphasizes social justice and equitable wealth distribution. By ensuring investments contribute positively to society and avoiding exploitative practices, halal trading supports broader social welfare and economic justice objectives.

Another potential benefit of halal investing is the possibility of higher returns associated with ethical investing. Studies suggest that companies adhering to Environmental, Social, and Governance (ESG) principles may outperform the broader market in the long run. This aligns with Sharia principles, as ethical investing focuses on responsible business practices and sustainability, avoiding harm to society and the environment.

Getting Started with Halal Trading

To start halal trading, it is essential to understand the basic principles of Islamic finance and the types of permissible investments. Many financial institutions now offer Islamic banking services, providing Sharia-compliant products and services. Opening an account with an Islamic bank or financial institution is a good first step. These institutions offer various investment products, including halal savings accounts, Sukuk, and Sharia-compliant mutual funds. Consulting a financial advisor specializing in Islamic finance can provide valuable guidance, helping identify halal investment opportunities and develop a compliant portfolio. Continual education about halal trading is beneficial. Numerous online resources, courses, and books delve into the intricacies of Islamic finance and halal investments, ensuring your investments remain compliant and aligned with your values.

How to Open an Islamic Account

Opening an Islamic account involves straightforward steps. Research Islamic financial institutions to identify banks and financial institutions offering Islamic banking services with a strong reputation for Sharia compliance. Compare the products and services offered by different institutions, such as savings accounts, investment accounts, and financing options, to find those that suit your needs. Gather the required documents, typically including identification documents, proof of residence, and other financial information, as requirements may vary by institution. Apply in person by visiting a branch or online through the bank’s website, filling out the necessary forms and submitting the required documents. Consulting with a financial advisor at the bank can help ensure you understand the account's terms and conditions and how they align with Sharia principles. Once approved, the bank will set up your account, allowing you to deposit funds and manage investments according to Islamic principles.

eToro Halal trading Islamic account screenshot

IC Markets Halal trading Islamic account screenshot

Is Forex Trading Haram Or Halal?

Forex trading can be haram or halal depending on intent and behavior. Using an acceptable strategy or trading with an Islamic account can be halal. Conversely, trading with an interest-charging account is haram, as it is seen as gambling. Islamic law prohibits derivative trading where assets are not owned by the investor, as it is characterized by speculation. Forex trading as a Muslim requires caution, adhering to Islamic laws and principles. Key considerations include whether the activity is investment or gambling, if any amount of interest is being charged, and if it is productive for society.

Is Stock Trading Halal?

Stock trading is permissible in Islam, but the company’s line of business must be halal. Investing in companies involved in haram activities like gambling, alcohol, and pornography is prohibited. Therefore, careful selection and continuous monitoring of investments are crucial to ensure compliance with Sharia principles.

Is Trading Binary Options Halal?

Binary options are often considered haram as they can be seen as gambling. If traders understand the trade intricacies, it might not be gambling. However, most brokers providing Islamic accounts do not guarantee that binary options are halal. The inherent speculative nature and the requirement of having a winner and a loser make binary options problematic under Sharia law.

Is Leverage Halal?

Leverage in Forex can be haram as it involves interest. However, Islamic Forex brokers offer accounts without standard interest fees, replacing them with increased commission fees, which some scholars accept. The concept of leverage is contentious, with the consensus being that trading on borrowed funds that incur interest is not permissible. Islamic brokers mitigate this by structuring accounts that comply with Islamic finance principles.

Halal Trading Account

Halal trading accounts offer Muslims the advantages of Forex trading while conforming to Sharia law. These accounts do not charge rollovers or swap interests on overnight positions and may charge administration fees instead. This allows traders to engage in the Forex market without compromising their religious beliefs.

Halal Trading And Interest

Charging interest is unlawful in Islam. Usury is condemned for promoting negative growth, dehumanizing individuals, and being unjust. Islamic finance encourages socio-economic impartiality and prohibits excessive speculation and gambling. The prohibition of riba is central to ensuring fairness and preventing exploitation in financial transactions.

Halal Forex Trading

Halal Forex trading must comply with Sharia laws, avoiding interest (riba) and excessive uncertainty (gharar). Islamic Forex brokers offer no swap accounts, ensuring compliance with Islamic principles. These accounts allow Muslims to trade in the Forex market without engaging in haram activities, promoting ethical and transparent financial practices.

MT5 EURUSD islamic account trading screenshot

Advantages Of Halal Trading

Halal trading offers numerous benefits. Social accountability is a key advantage, with investments preserving human rights, ethical wealth distribution, and environmental sustainability. The risk is also lowered, as halal investments are less vulnerable to market fluctuations and avoid short-term speculation. Increasing fortune in a halal way allows Muslims to engage in responsible international market exposure, ensuring moral due diligence and adherence to Islamic values. Additionally, the possibility of higher returns associated with ethical investing can be a potential benefit. Studies suggest that companies adhering to ESG principles may outperform the broader market in the long run, aligning with Sharia principles by focusing on responsible business practices and sustainability.

Disadvantages Of Halal Trading

However, there are drawbacks. Restricted opportunities can make finding lucrative investments challenging due to the relatively new nature of halal investment products. The due diligence required for halal investments involves extensive information gathering and verification, which is time-consuming. Additionally, the careful consideration needed for halal trading may lead to less diverse portfolios compared to conventional investments. The limitations of the Sharia-compliant investment universe can restrict the options available, although this market is growing. Navigating these limitations requires continuous learning and staying updated on the evolving landscape of halal financial products and regulations.

Halal Trading Final Verdict

Halal trading aligns with Islamic principles, avoiding interest (riba), gambling (maysir), and unethical investments. It operates on risk-sharing and promotes fairness and social justice. Types of halal investments include equities in permissible businesses, Sukuk (Islamic bonds), real estate, and Islamic mutual funds. The benefits include financial inclusion, market stability, and ethical investing. To start, it is important to understand Islamic finance principles, consult specialized advisors, and continually educate oneself. Opening an Islamic account involves researching financial institutions, comparing products, gathering documents, applying in person or online, consulting with advisors, and completing the account setup to begin halal investing.

As a Muslim, it is important to avoid questionable activities in halal trading. Forex and stock trading are generally allowed in the Muslim community, and Sharia-compliant accounts are available to assist. Continuous learning and staying updated on the evolving landscape of halal financial products and regulations are essential to ensure compliance and make informed investment decisions. Experience the power of MT4 and MT5 (MetaTrader) trading with transparent charges on different currency pairs, commodities, and stock CFDs, without hidden interest charges.

We have conducted extensive research and analysis on over multiple data points on Halal Trading to present you with a comprehensive guide that can help you find the most suitable Halal Trading. Below we shortlist what we think are the best Islamic brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Halal Trading.

Reputable Halal Trading Checklist

Selecting a reliable and reputable online Islamic 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 Islamic more confidently.

Selecting the right online Islamic 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.

Compare Key Features of Islamic Brokers in Our Brokerage Comparison Table

When choosing a broker for Islamic trading, it's essential to compare the different options available to you. Our Islamic 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 Islamic broker that best suits your needs and preferences for Islamic. Our Islamic broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Islamic Brokers of 2025 compared

Here are the top Islamic Brokers.

Compare Islamic brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Islamic broker, it's crucial to compare several factors to choose the right one for your Islamic needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are Islamic brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Islamic brokers that accept Islamic clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade EasyMarkets FXPro ThinkMarkets FXPrimus
Rating
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) 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) (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) Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14)
Min Deposit 200 10 50 No minimum deposit 5 No minimum deposit 100 25 100 50 15
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 200,000+ 730,000+ 35,000,000+ 1,000,000+ 10,000,000+ 400,000+ 400,000+ 250,000+ 7,800,000+ 450,000+ 300,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
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) easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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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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easymarkets
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fxpro
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thinkmarkets
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fxprimus
Risk Warning Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider. 74-83% 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 Your capital is at risk 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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 Losses can exceed deposits
Demo IC Markets
Demo
Roboforex
Demo
eToro
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
easyMarkets
Demo
FxPro
Demo
ThinkMarkets
Demo
FXPrimus
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, 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, 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, CA, IR RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC.


All Islamic brokers in more detail

You can compare Islamic Brokers 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 Islamic Brokers for 2025 article further below. You can see it now by clicking here

We have listed top Islamic brokers below.

Halal Trading List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Seychelles Financial Services Authority (FSA) (SD018)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 730000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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
eToro
(4/5)
Min deposit : 50
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% 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.

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.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 35000000+ traders. 51% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 74-83% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by 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
Pepperstone
(4/5)
Min deposit : 0
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by 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
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 400000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 7800000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
ThinkMarkets
(3/5)
Min deposit : 50
ThinkMarkets was established in 2010 and is used by over 450000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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 ThinkMarkets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272)
FXPrimus
(3/5)
Min deposit : 15
FXPrimus was established in 2009 and is used by over 300000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14)

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Losses can exceed deposits