Islamic Forex Brokers for 2026

We found 11 online brokers that are appropriate for Trading Islamic Forex Brokers Investment Platforms.

Islamic Forex Brokers Guide

Analysis by Andrew Blumer, Updated Last updated – March 25, 2026

Islamic Forex Brokers

If you follow Islamic principles and wish to trade Forex, it's essential to ensure your trading practices align with Sharia law. This includes avoiding interest (riba), speculation (maysir), and uncertainty (gharar). Many brokers offer swap free accounts to accommodate Muslim traders, but not all offerings are equally compliant. Traders should verify broker terms, fee structures, and Sharia certifications to ensure true adherence to Islamic principles.

What Is an Islamic Forex Broker?

An Islamic Forex broker offers trading accounts that comply with Islamic finance principles. The main feature of such accounts is the elimination of interest charges (riba) on overnight positions. Instead of charging swaps, brokers may apply wider spreads or fixed administrative fees. For instance, if a standard account charges a $5 swap fee on an open EUR/USD position, an Islamic account may waive this fee but widen the spread by 1 pip or impose a $10 flat commission.

Islamic brokers may also ensure ethical trading practices and transparency, in line with the core tenets of Sharia law. Always investigate whether the broker has Sharia certification or an advisory board to authenticate the offering.

Best Islamic Forex Brokers Offering Swap Free Accounts

If you're a Muslim trader seeking Sharia compliant trading solutions, it's essential to work with brokers that offer Islamic Forex accounts. These accounts eliminate overnight interest (riba) and comply with Islamic finance principles while still providing access to global financial markets. Below are some of the most reliable brokers offering halal trading conditions for retail clients.

IC Markets

IC Markets Platform Overview

IC Markets offers Islamic (swap free) accounts tailored for Muslim traders who want to trade in accordance with Sharia principles. These accounts eliminate overnight interest charges while maintaining tight spreads on platforms like MT4, MT5, and cTrader. Regulated by ASIC and CySEC, IC Markets is widely accessible and supports fast execution with an average latency of just 40ms, making it ideal for scalpers and high frequency traders seeking halal trading conditions.

RoboForex

RoboForex Platform Overview

RoboForex provides Islamic account options with no swaps on overnight positions, available on request through the MT4 and MT5 platforms. The broker supports high leverage and tight spreads, making it appealing to risk tolerant traders. Although headquartered offshore, it accepts clients from most countries, and its wide range of instrumentsfrom Forex to stocks and cryptosupports diverse Sharia compliant trading strategies.

eToro

eToro Screenshot

eToro offers Islamic accounts upon request for clients who meet specific conditions. These swap free accounts are available for clients who deposit a minimum threshold and maintain compliance with eToros Islamic account policy. The platform also features CopyTrading, allowing halal conscious traders to follow strategies aligned with ethical finance. Regulated by the FCA and CySEC, eToro serves over 40 million traders worldwide.

XTB

XTB Platform Overview

XTB offers Islamic trading accounts designed for Muslim clients who seek swap free trading, though availability may depend on the traders country of residence. With strong regulation by the FCA and CySEC, XTB provides peace of mind alongside excellent market research tools and educational resources. It supports halal trading through its transparent pricing model and advanced trading platforms.

XM

XM Screenshot

XM provides dedicated Islamic trading accounts that are swap free and fully Sharia compliant. These accounts are available on both MT4 and MT5 platforms and apply to clients from eligible countries. Regulated by ASIC, CySEC, and IFSC, XM ensures high transparency, multilingual support, and a wide range of tradable assets suitable for ethical investment strategies.

Pepperstone

Pepperstone Platform Overview

Pepperstone offers Islamic Forex accounts to clients who wish to trade in accordance with Sharia law. The swap free feature is accessible on both MT4 and cTrader platforms. These accounts maintain Pepperstones hallmark of ultra tight spreads and deep liquidity, making them suitable for serious traders who need both compliance and competitive pricing. Regulated by the FCA and ASIC, Pepperstone is known for its integrity and fast execution.

AvaTrade

AvaTrade Screenshot

AvaTrade provides Islamic accounts that exclude interest based fees while maintaining full functionality across Forex, CFDs, and cryptocurrencies. These accounts are available via request and offer zero swaps, replaced by alternative fee structures. AvaTrade is regulated in multiple jurisdictions and accessible through platforms like AvaTradeGo, MT4, and MT5, providing halal conscious traders a balanced mix of compliance, technology, and cost efficiency.

FP Markets

FP Markets Screenshot

FP Markets offers swap free Islamic accounts that comply with Sharia law, available to Muslim traders through a straightforward request process. These accounts are supported on MT4 and MT5 and offer access to over 10,000 financial instruments with competitive pricing. Regulated by ASIC and CySEC, FP Markets combines robust regulatory protection with advanced trading features suitable for ethical trading.

Understanding Sharia Law in Forex Trading

understanding sharia law in forex trading

Sharia law affects the structure and permissibility of financial contracts. Below are the key principles that impact Forex trading, with practical examples:

Prohibition of Interest (Riba)

Sharia law forbids earning or paying interest. For example, if a broker charges a $10 overnight interest fee on a $1,000 position, this is riba and impermissible. Islamic accounts replace such charges with compliant alternatives like higher spreads or flat rate fees.

Swap Free Accounts

Islamic Forex brokers provide swap free accounts to remove riba. For example, if a trader holds a EUR/USD position overnight, a standard account might apply a $5 swap fee, while an Islamic account avoids it, possibly charging a wider spread instead.

Avoidance of Uncertainty (Gharar)

All trade conditions must be clear and agreed upon. For instance, any commission feesuch as a $100 monthly platform feemust be transparently disclosed before the trade, ensuring no hidden conditions.

Prohibition of Gambling (Maysir)

Speculative or high risk trading, such as binary options or trades with undefined outcomes, is forbidden. For example, betting $100 on a one minute option outcome with a 50/50 payoff resembles gambling and violates Islamic ethics.

Ethical Investments

Trades must not involve haram industries like alcohol, gambling, or pork products. Instead, investments in ethical sectors like healthcare or renewable energy are acceptable under Islamic finance rules.

Factors to Consider When Choosing a Reliable Islamic Broker

Swap Free Accounts

Ensure the broker truly offers swap free trading. Some accounts may be swap free for a limited time (e.g., 30 days) before administrative fees apply. For instance, a broker may offer a 3 pip spread on EUR/USD instead of a 1.5 pip spread to offset swap removal.

Sharia Certification or Fatwa

Look for brokers that provide a fatwa or Sharia certification from a qualified Islamic advisory board. This confirms that the account structure complies with Islamic jurisprudence and is not simply a marketing term.

Regulation

Choose brokers regulated by reputable financial authorities such as the Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySEC). Regulation ensures broker transparency, capital protection, and proper business conduct.

Minimum Deposit

Evaluate minimum deposit requirements. Some brokers may require $100 to open an account, while others might require $500 or more. This can impact accessibility for traders with limited capital.

Leverage and Interest Free Borrowing

Islamic accounts should avoid interest on leveraged funds. For example, a 1:100 leverage on a $10 deposit allows a $1,000 trade, but any interest on the borrowed capital must be excluded. Brokers may apply alternative fees or spread adjustments to maintain Sharia compliance.

Comparison of Standard vs. Sharia Compliant Forex Trading

comparison of standard vs sharia compliant forex trading

Aspect Standard Brokerage Sharia Compliant Brokerage
Interest Charges (Riba) May apply interest on overnight positions (e.g., $5 on a $1,000 position). Interest is forbidden; brokers offer swap free alternatives with a $10 commission or spread adjustment.
Swap Fees Swap fees charged for positions held overnight (e.g., $10 for EUR/USD). No swap fees; brokers compensate via wider spreads (e.g., extra 1 pip).
Spreads and Commissions Lower spreads and tighter commissions (e.g., 1 pip spread + $2 commission). Wider spreads or higher commissions (e.g., 2 pip spread + $5 commission) to remain interest free.
Transparency and Uncertainty (Gharar) May involve hidden terms (e.g., $20 admin fee without disclosure). Clear and transparent terms (e.g., all fees disclosed upfront).
Speculation (Maysir) Includes high risk trades like binary options. Discourages gambling like trades; focuses on informed, ethical investing.

Ethical Investments in Islamic Forex Trading

islamic forex brokers

Ethical investing is a cornerstone of Islamic finance. It ensures that trades align with Sharia law by prohibiting engagement in haram (forbidden) sectors and ensuring transparency in financial contracts. For instance, a Muslim trader may choose to invest in sectors like healthcare or renewable energy, while avoiding businesses related to alcohol, gambling, tobacco, or adult entertainment. Additionally, the financial instruments themselves must avoid riba (interest) and excessive uncertainty (gharar).

Islamic Financial Institutions

islamic financial institutions

Islamic financial institutions play a key role in supporting Sharia compliant trading. These organizations follow principles such as profit and loss sharing, ethical investment screening, and avoidance of speculative practices. While they may not always offer Forex trading directly, they often set the standards for compliance and issue certifications or fatwas to brokers. For example, Dubai Islamic Bank (DIB) provides a wide range of Islamic financial services that adhere strictly to Sharia guidelines.

Notable Islamic Financial Institutions Around the World

Dubai Islamic Bank: Offers comprehensive Islamic financial services and advisory on Sharia compliance.

Al Baraka Banking Group: Operates across multiple countries with a full suite of Islamic banking solutions.

HSBC Amanah: A division of HSBC offering Sharia compliant retail and corporate banking in Malaysia.

Qatar Islamic Bank: Specializes in ethical and Sharia compliant investment and banking services.

Faisal Islamic Bank: Pioneers in Islamic finance in Egypt with offerings aligned to Islamic law.

Islamic Forex Brokers Verdict

final verdict on islamic forex brokers

After testing several swap free accounts and experiencing both live and demo trading over the past year, I can say with confidence that choosing a truly Sharia compliant broker makes all the difference. In my own journey, IC Markets seamless switch to a wider spread model felt transparent and fair, while RoboForexs easy to request Islamic account allowed me to focus on strategy without worrying about hidden overnight fees.

I also appreciated eToros conditional swap free upgradeonce I met the deposit threshold, my ETH/USD positions carried no overnight interest, and I could still benefit from CopyTrading ethics first communities. XTB and XM stood out for their clear fatwas and well documented fee schedules, giving me peace of mind that every trade met the standards of riba free, gharar free, maysir free ethics.

My verdict is simple: verify a brokers Sharia certification, inspect their fee structure in writing, and start with a demo swap free account. Once you see spreads adjusted fairly and customer support promptly address any concerns, youll know youve found a reliable Islamic Forex broker. Trading with both confidence and conscience has never been more attainable.

Islamic Forex brokers serve a vital role in enabling Muslim traders to access the global currency markets without compromising on religious values. For instance, instead of charging a $10 swap fee for holding a $1,000 position overnight, a compliant broker might increase the spread or apply a fixed admin fee to remain interest free. However, not all swap free accounts are genuinely Sharia compliantsome are only labeled as such for marketing purposes.

When evaluating an Islamic Forex broker, look beyond the swap free label. Ensure the broker is regulated by reputable financial authorities, provides transparency in all fees, andideallyhas obtained a fatwa or certification from a recognized Sharia advisory board. The goal is to preserve both compliance and trading integrity, allowing traders to operate confidently within the boundaries of Islamic finance.

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

Reputable Islamic Forex Brokers Checklist

Selecting a reliable and reputable online Islamic Forex Brokers 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 Islamic Forex Brokers Investment Platforms more confidently.

Selecting the right online Islamic Forex Brokers 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.

Compare Key Features of Islamic Forex Brokers Investment Platforms in Our Brokerage Comparison Table

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

Top 15 Islamic Forex Brokers Investment Platforms of 2026 compared

Here are the top Islamic Forex Brokers Investment Platforms.

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

All brokers below are Islamic Forex Brokers Investment Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Islamic Forex Brokers Investment Platforms that accept Islamic Forex Brokers Investment Platforms clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
Rating
Regulation International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd RoboForex Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission 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, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France FCA (Financial Conduct Authority reference 522157) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority) Financial Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, 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) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC) 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) (SD 130) Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176 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
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+ 40,000,000+ 2,000,000+ 15,000,000+ 830,000+ 400,000+ 200,000+ 250,000+ 60,000+ 11,200,000+
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
  • 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
  • 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
  • Micro account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini 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) 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)
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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easymarkets
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spreadex
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fxpro
Risk Warning Losses can exceed deposits Losses can exceed deposits 50% of retail investor accounts lose money when trading CFDs with this provider. 70% - 80% 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. 74.48% 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. 72-95 % of retail investor accounts lose money when trading CFDs 57% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider. 62% of retail CFD accounts lose money 74% 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


All Islamic Forex Brokers Investment Platforms in more detail

You can compare Islamic Forex Brokers 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 Islamic Forex Brokers Investment Platforms for 2026 article further below. You can see it now by clicking here

We have listed top Islamic Forex Brokers Investment Platforms below.

Islamic Forex Brokers 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 International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd
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 Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission Compensation Fund
eToro
(4/5)
Min deposit : 50
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eToro was established in 2007 and is used by over 40000000+ traders. 50% 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, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 2000000+ traders. 70% - 80% 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) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% 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 Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, 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 830000+ traders. 72-95 % 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. 57% 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) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, 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 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) (SD 130)
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. 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 Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. 62% of retail CFD accounts lose money SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

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) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 11200000+ traders. 74% 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)

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Losses can exceed deposits
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Losses can exceed deposits