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.
Since the new NFA rule for maximum 100:1 leverage kicked in, the maximum leverage for many of the brokers on this list has changed.
BrokerGuru
December 16, 2009
Some updates were needed indeed. Thank you!
trader
December 27, 2009
are there any good stp brokers that do no rollover for all clients with no additional fees? It seems like prime4x and avscarter do, but that seems like the only ones I've found.
BrokerGuru
December 27, 2009
That's probably it then. I'm not ready to review all swap-free brokers at this moment, besides we're still missing descriptions about fees and conditions for many brokers.
ForInvest Group
December 31, 2009
ForInvest Group (www.forinvests.net)
- Swap free account: Standard Accounts
- Min deposit: $100
- Max leverage; 500:1
- Hedging; yes
- Special: No Swaps, only if requested by the client.
BrokerGuru
January 2, 2010
Thank you!
trader
January 6, 2010
I think istantforex too.
trader
January 8, 2010
but anyway you cannot handle position longer then a week, or you could be charged. is it right?
I would like to open an account with some European low spread <2 EUR/USD(no commision), well known broker, which is OK with hedging and scalping, swap is not much important to me. I would like to start with account about 3000 EUR
Some people told me that Alpari UK si allright by my conditions, but here I see NO HEDGING, and I am confused...
Please help me
Jan
jameelsalim
January 10, 2010
i live in Australia and i am a Muslim (praise be to Allah) just asking is it possible for me to use tadawalfx reply to my email please jameelsalim()hotmail.com
BrokerGuru
January 12, 2010
@Jan: that was a mistake, sorry. You can hedge with Alpari UK.
@jameelsalim: yes, it'll be possible to open an account with Tadawulfx.
trader
December 16, 2009Since the new NFA rule for maximum 100:1 leverage kicked in, the maximum leverage for many of the brokers on this list has changed.
BrokerGuru
December 16, 2009Some updates were needed indeed. Thank you!
trader
December 27, 2009are there any good stp brokers that do no rollover for all clients with no additional fees? It seems like prime4x and avscarter do, but that seems like the only ones I've found.
BrokerGuru
December 27, 2009That's probably it then. I'm not ready to review all swap-free brokers at this moment, besides we're still missing descriptions about fees and conditions for many brokers.
ForInvest Group
December 31, 2009ForInvest Group (www.forinvests.net)
- Swap free account: Standard Accounts
- Min deposit: $100
- Max leverage; 500:1
- Hedging; yes
- Special: No Swaps, only if requested by the client.
BrokerGuru
January 2, 2010Thank you!
trader
January 6, 2010I think istantforex too.
trader
January 8, 2010but anyway you cannot handle position longer then a week, or you could be charged. is it right?
BrokerGuru
January 9, 2010for which broker?
Jan
January 9, 2010Alpari UK hedging NO? Are you sure? I am just greenhorn, but they are FSA regulated and you have them in "brokers for hedging" http://www.100forexbrokers.com/brokers-for-hedging
I would like to open an account with some European low spread <2 EUR/USD(no commision), well known broker, which is OK with hedging and scalping, swap is not much important to me. I would like to start with account about 3000 EUR
Some people told me that Alpari UK si allright by my conditions, but here I see NO HEDGING, and I am confused...
Please help me
Jan
jameelsalim
January 10, 2010i live in Australia and i am a Muslim (praise be to Allah) just asking is it possible for me to use tadawalfx reply to my email please jameelsalim()hotmail.com
BrokerGuru
January 12, 2010@Jan: that was a mistake, sorry. You can hedge with Alpari UK.
@jameelsalim: yes, it'll be possible to open an account with Tadawulfx.
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