Home

Forex brokers with rollover-free (swap-free) accounts | No swap Forex brokers




Below is the list of Forex brokers who offer Islamic or swap-free accounts with no rollover charges.
Besides Muslim friendly Forex brokers, there are also brokers who offer interest-free accounts to all traders.

Islamic account - can be open for Muslims only.
Any account - can be open for any client.
Standard account - needs further review.


Forex broker Swap free

Read more...


Broker discussion area

Alma Forex

March 20, 2009

Alma Forex offers the possibility of Swap Free/Islamic account Forex with no rollover charges.
We do not increase spreads for Swap Free/Islamic Forex account, they are the same - lowest and fixed spread Forex.
Alma Forex offers Swap Free/Islamic account to all clients no matter what their religion or country of origin.
1 PIP SPREAD FOREX for EURUSD, USDCHF, USDJPY, GBPUSD, AUDUSD, USDCAD. Automatic orders execution. Scalping is allowed.
50 currency pairs, gold and silver.Leverage up to 500:1. Minimum deposit from $ 1, maximum deposit is not limited.
Details on http://www.almaforex.com

trader

April 13, 2009

Common sense deduces that Muslims can not trade with Oanda because if we look at this quote from them it would become self evident. “OANDA calculates interest rates continuously, by the second, over the entire 24-hour day” as you may already know the least part of Ribba is equal to having intimate relation with you own mother, we seek refuge from that so any broker calculating by the second is worst that the one who do it at the end of the day because least the one at the end of the day can be avoided

Please advise if any one else is calculating like Oanda

BrokerGuru

April 18, 2009

True, OANDA has its own innovative approach to calculating interests.
I'm not aware of any other broker that uses the same interest calculation method.

trader

May 6, 2009

found another broker avs carter, offers swap free for all traders regardless of if you are muslim or not and they seem to be very prompt in withdrawals. check them out avscarter.com

BrokerGuru

May 6, 2009

Thank you!
AVS Carter has been added.

trader

June 3, 2009

AVS CARTER is a swap free broker and for me they havent even charged commissions !
I am not too sure if this is for every client or just for Muslim clients but they do a fantastic job and i have not seen their names mentioned here.
please add them.

BrokerGuru

June 10, 2009

AVS Carter is listed. Thank you.

trader

June 12, 2009

Forex broker - Real Trade Group
Swap free account - Islamic account
Min deposit - $20
Max leverage - 1:500
Hedging - yes
Special conditions - Fixed commission of 5 cents per 0.01 lot, $1 per 0.1 lot.

BrokerGuru

June 14, 2009

Thank you for detailed information.
Real Trade Group has been listed successfully!

User

June 23, 2009

Big thanks BrokerGuru for compiling this list. I am a muslim and just starting to dip my toe into the world of currency trading, so this is a massive help for me as I wouldn't have known where to start otherwise (I feel like a 12 year old again about to start his first day at school!).

BrokerGuru

June 23, 2009

You're very welcome!
The work is still in progress: need to add further details here and there about swap-free conditions, but the list of brokers offering swap-free trading is complete.


trader

July 26, 2009

For Islamic accounts I did not here any one mentioning musraka accounts did any one know any broker offer musraka (partnership accounts) I know only one do so tadawul fx I am in the USA and they are in Cyprus, there is any broker in Dubai or in the gulf do so.



Write your comment or a review!