Swap Free Islamic Trading Accounts Guide
You have heard that forex trading can be a profitable investment.
You have heard that a Muslim who observes Shari’a law or Islamic finance rules can have a forex trading account and practice their faith, in good conscience.
You would like to know more.
- Do you understand the basics of Islamic trading?
- Are you a practicing Muslim who obeys Shari’a or Islamic law?
- If so, you might find this article very informative.
What is Islamic Forex Trading?
Forex trading is trading in currencies for profit while following Islamic rules on finance.
Forex is short for “foreign exchange”. More specifically, it's foreign currency exchange.
It's the process of converting or exchanging one currency for a different currency. The reasons for this exchange vary. But here is one reason that supplies an elementary explanation of why people would want to trade national currencies and how it's done.
Let's say that you're in a country that does not accept the currency you brought with you from your own country. In other words, your dollars may make your rich where you come from, but they won't buy you anything where you are now! For example: You can't spend Bahamian dollars in the United States.
You can't spend Mexican pesos in the U.S. You can't spend the Japanese in the U.S. Those foreign currencies have no value in the USA. You can not go in a store and purchase a product. You can not go in a restaurant and order a meal. So you have to go to a foreign currency exchange (a cashier's office probably located in an American bank) and trade or exchange those colorful paper notes with the face of Queen Elizabeth or Benito Juárez or FUKUZAWA Yukichi for U.S. dollars with pictures of dead presidents that you can spend!
That's basically the forex process in a nutshell.
What About Islamic Forex Trading Online?
There is actually an online global marketplace where you can trade national currencies (such as GBP, US Dollar, Yen, Euro, etc.). Many people engage in online forex trading. They don't have to physically take their currency to a bank. They don't even have to
leave their country. They can just open an online trading account with a reputable company that has the technological tools and start trading. If you use these search terms “where to open online forex trading account”, the results will display various platforms. Some companies require minimum deposits to open an account (anywhere from $10,000 to $100,000). Some companies service clients worldwide. Do your research (or get sound advice from a finance professional) and pick the one that works best for you.
Through your account you can trade currencies in what's called exchange rate pairs. The most common pairing is: EUR/USD, i.e. the Euro dollar against the U.S. Dollar. If you watch or keep up with business or financial news reports you will note they have a segment in the program that specifically reports on the currencies of the world. They recommend trading or exchange strategies, discuss top stories or current events that impact the currency markets, and talk about anything and everything that is relevant to forex trading. Do a generic search “business news forex”.
Can Everybody Engage in Forex Trading?
Not every country allows forex. There are some countries that ban it or restrict it. As of 2020, the countries which ban forex are: Belgium, Bosnia Herzegovina, France, Israel, Malaysia, North Korea, countries which enforce Shari’a, e.g. Pakistan, and India. This list of course is subject to change depending on what each government's administration decides is in the best interests of the citizens. Note that the government of India does allow its citizens to engage in certain forex markets so long as they follow established by the SEBI (Securities and Exchange Board of India).
In the United States, forex trading ~ online or offline ~ is perfectly legal. The US Commodity Futures Trading Commission (CFTC) and the US National Futures Association (NFA) publish the “rules of the game” and they regulate! There are no restrictions based on religion unless you happen to be a Muslim who strictly observes Shari’a or Islamic law. The secular laws of the country won't prevent you from engaging in forex trading. However the rules of Islamic finance might.
What are Islamic Forex Trading Accounts?
Islamic Forex Trading accounts or ḥalāl forex trading account, also referred to as ‘no swap accounts’, allow Muslims to engage in online forex trading without violating Shari’a law.
Traders of the Islamic faith can find information on how to set up an online forex trading account by visiting one of our listed brokers below.
Picking a Islamic Forex Account
The information supplied in the aforementioned article is very detailed.
- It outlines what Sharia law expressly prohibits;
- It cautions or advises that not all brokers are reputable and follow the religious guidelines (even though they say they do);
- It provides a list of forex brokers that offer Islamic Forex Trading accounts for you to choose from.
For each broker listed there are details on deposit requirements, and whether the trading platform is desktop, a mobile-app or web-based.
This article is intended to serve as an introduction to forex trading and specifically, Islamic Forex Trading Accounts. Below please find additional reading and reference materials to help you continue your education.
We've collected thousands of datapoints and written a guide to help you find the best Islamic Trading Accounts for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best islamic trading accounts below. You can go straight to the broker list here.
Reputable Swap Free Islamic Trading Accounts Checklist
There are a number of important factors to consider when picking an online Islamic Trading Accounts trading brokerage.
- Check your Islamic Trading Accounts broker has a history of at least 2 years.
- Check your Islamic Trading Accounts broker has a reasonable sized customer support of at least 15.
- Does the Islamic Trading Accounts broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Islamic Trading Accounts broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Islamic Trading Accounts broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Islamic Trading Accounts can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Islamic Trading Accounts.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Islamic Trading Accounts.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Islamic Trading Accounts of 2020 compared
Here are the top Islamic Trading Accounts.
Compare Islamic Trading Accounts min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are islamic trading accounts. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more islamic trading accounts that accept islamic trading accounts clients
| Broker |
eToro
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IC Markets
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FP Markets
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Roboforex
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Markets.com
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XTB
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Plus500
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Pepperstone
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XM
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FXPrimus
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EasyMarkets
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Min Deposit | 200 | 200 | 100 | 1 | 250 | No minimum deposit | 100 | 200 | 5 | 100 | 100 |
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| Used By | 12,000,000+ | 60,000+ | 10,000+ | 10,000+ | 10,000+ | 200,000+ | 15,500+ | 10,000+ | 70,000+ | 10,000+ | 142,500+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with fpmarkets |
Sign
Up with roboforex |
Sign
Up with marketscom |
Sign
Up with xtb |
Sign
Up with plus500 |
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Up with pepperstone |
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Up with xm |
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Up with fxprimus |
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Up with easymarkets |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | 79% 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. | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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. 78.6% 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 | Your capital is at risk | Losses can exceed deposits | Your capital is at risk |
| Demo |
eToro Demo |
IC Markets Demo |
FP Markets Demo |
Roboforex Demo |
Markets.com Demo |
XTB Demo |
Plus500 Demo |
Pepperstone Demo |
XM Demo |
FXPrimus Demo |
easyMarkets Demo |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, JP, NZ | US, JP | RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR | US, IN, PK, BD, NG , ID, BE | BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US |
All Islamic trading accounts in more detail
You can compare Islamic Trading Accounts 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 Trading Accounts for 2020 article further below. You can see it now by clicking here
We have listed top Islamic trading accounts below.
Swap Free Islamic Trading Accounts Table of Contents
- What is Islamic Forex Trading?
- What About Islamic Forex Trading Online?
- Can Everybody Engage in Forex Trading?
- What are Islamic Forex Trading Accounts?
- Picking a Islamic Forex Account
- Swap Free Islamic Trading Accounts Explained
- 6 Factors to Consider when Choosing Swap Free Islamic Trading Accounts
- Are Your Swap Free Islamic Trading Accounts Trusted And Established?
- Are The Swap Free Islamic Trading Accounts World Leading?
- What are the Swap Free Islamic Trading Accounts Commissions and Fees?
- What are the Swap Free Islamic Trading Accounts Funding and Withdrawl Methods?
- Find Swap Free Islamic Trading Accounts with Round-the-clock support?
- Make sure the Swap Free Islamic Trading Accounts Offer Comprehensive Trader resources?
- Why do Swap Free Islamic Trading Accounts need to be regulated?
- Swap Free Islamic Trading Accounts FAQ
- What are the best Islamic trading accounts brokers?
- What is the best Islamic trading account broker?
- Related Swap Free Islamic Trading Accounts Reviews
- Related Swap Free Islamic Trading Accounts Alternatives
- Related Swap Free Islamic Trading Accounts Comparisons
Swap Free Islamic Trading Accounts Explained
Trading the financial markets with Swap Free Islamic Trading Accounts when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Swap Free Islamic Trading Accounts is the platform that a Swap Free Islamic Trading Accounts offer.
Choose Swap Free Islamic Trading Accounts that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Swap Free Islamic Trading Accounts that you can rely on.
6 Factors to Consider when Choosing Swap Free Islamic Trading Accounts
Follow these five rules for selecting a broker that's right for you:
Are Your Swap Free Islamic Trading Accounts Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Swap Free Islamic Trading Accounts broker is eToro. Established in 2006, and in operation for 12 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
eToro
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IC Markets
|
FP Markets
|
Roboforex
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Markets.com
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XTB
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| Year Established | 2006 | 2007 | 2005 | 2009 | 2008 | 2002 |
| Head Office | Cyprus, UK | Australia | Australia | Cyprus | Cyprus | Poland |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego |
| Used By | 12,000,000+ | 60,000+ | 10,000+ | 10,000+ | 10,000+ | 200,000+ |
| Negative balance protection | Yes | Yes | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | Yes | No |
| Learn More | Visit eToro | Visit IC Markets | Visit FP Markets | Visit Roboforex | Visit Markets.com | Visit XTB |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | 79% 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. |
Are The Swap Free Islamic Trading Accounts World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 100 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Swap Free Islamic Trading Accounts is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
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IC Markets
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FP Markets
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Roboforex
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Markets.com
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XTB
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| Instruments Available | 100 | 232 | 100 | 100 | 100 | 1,500 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, | US | US, JP, NZ | US, JP | RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR |
| Forex pairs offered | 50 | 65 | 60 | 35 | 80 | 50 |
| Forex pairs offered | 50 | 65 | 60 | 35 | 80 | 50 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | No | Yes | Yes |
| Commodities Offered | 0 | 19 | 18 | 0 | 0 | 21 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | No | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | Yes | Yes |
| Stocks Offered | 957 | 100 | 10000 | 0 | 2011 | 1696 |
| UK Shares | Yes | No | Yes | No | Yes | Yes |
| US Shares | Yes | Yes | Yes | No | Yes | Yes |
| German Shares | Yes | Yes | Yes | No | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | No | Yes | Yes |
What are the Swap Free Islamic Trading Accounts Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Swap Free Islamic Trading Accounts broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency. eToro minimum deposit is 200.
Another top rated Swap Free Islamic Trading Accounts broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
| Broker |
eToro
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IC Markets
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FP Markets
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Roboforex
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Markets.com
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XTB
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| Min Deposit | 200 | 200 | 100 | 1 | 250 | 0 |
| Withdrawl Fees | Yes | No | No | Yes | No | varies |
| Inactivity Fees | Yes | No | No | No | No | No |
| Deposit Fees | No | Varies | Yes | No | No | No |
| CFD Commission Fees | No | Yes | Yes | No | No | Yes |
What are the Swap Free Islamic Trading Accounts Funding and Withdrawal Methods?
When dealing with Swap Free Islamic Trading Accounts having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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IC Markets
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FP Markets
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Roboforex
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Markets.com
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XTB
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | No | Yes | Yes |
| Skrill | Yes | Yes | Yes | No | No | Yes |
| Payoneer | No | No | No | Yes | Yes | Yes |
| Neteller | Yes | Yes | Yes | Yes | No | Yes |
Find Swap Free Islamic Trading Accounts with Round-the-clock support?
Customer service is very important when dealing with Swap Free Islamic Trading Accounts.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Swap Free Islamic Trading Accounts customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, and Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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IC Markets
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FP Markets
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Roboforex
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Markets.com
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XTB
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| Support |
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| Languages | English, German, Spanish, French, and Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish |
| Learn More | Visit eToro | Visit IC Markets | Visit FP Markets | Visit Roboforex | Visit Markets.com | Visit XTB |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | 79% 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. |
Make sure the Swap Free Islamic Trading Accounts Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Swap Free Islamic Trading Accounts need to be regulated?
A regulated Swap Free Islamic Trading Accounts broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Swap Free Islamic Trading Accounts brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Swap Free Islamic Trading Accounts List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account 0 Commissions Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account