Mr FOREX

Swap-free Forex Brokers

Find below a list of the best Forex brokers offering Swap-free islamic accounts.

1
Plus500 CFD
Popularity Popularity: 4 out of 4
ECN
Leverage ≤1:30
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
exness
Popularity Popularity: 4 out of 4
Leverage ≤1:10000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
RoboForex
Popularity Popularity: 4 out of 4
Bonus
Leverage ≤1:2000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
IC Markets
Popularity Popularity: 3 out of 4
ECN
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
JustMarkets
Popularity Popularity: 3 out of 4
Leverage ≤1:3000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
FBS
Popularity Popularity: 3 out of 4
ECN
Leverage ≤1:3000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
tickmill
Popularity Popularity: 2 out of 4
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
XM
Popularity Popularity: 4 out of 4
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
FxPro
Popularity Popularity: 3 out of 4
ECN
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
AvaTrade
Popularity Popularity: 3 out of 4
ECN
Leverage ≤1:400
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
HFM
Popularity Popularity: 3 out of 4
ECN
Leverage ≤1:2000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Plexytrade
Popularity Popularity: 2 out of 4
Bonus
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
AMarkets
Popularity Popularity: 1 out of 4
Leverage ≤1:3000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
IC Trading
Popularity Popularity: 2 out of 4
ECN
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Vantage
Popularity Popularity: 3 out of 4
Leverage ≤1:500
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
InstaForex
Popularity Popularity: 2 out of 4
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
Headway
Popularity Popularity: 2 out of 4
Leverage ≤1:10000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
FreshForex
Popularity Popularity: 2 out of 4
Leverage ≤1:2000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5
xChief
Popularity Popularity: 2 out of 4
ECN
Leverage ≤1:1000
Platforms
TradingView TradingView
cTrader cTrader
MetaTrader 4 MetaTrader 4
MetaTrader 5 MetaTrader 5

Swap-free forex accounts, also known as Islamic accounts, are a type of account offered by some forex brokers that allow traders to trade without incurring overnight rollover fees, which are typically charged on standard forex accounts. These accounts are designed to be compliant with Islamic principles, which prohibit the charging of interest.

Swap-free accounts work by applying a small commission to each trade instead of charging rollover fees. This commission is typically a percentage of the trade size and is paid at the time of the trade.

While swap-free accounts may be appealing to traders who follow Islamic principles, they can also be a useful option for traders who do not want to be charged rollover fees. This can be particularly useful for traders who prefer to hold positions for shorter periods of time or who do not want to be exposed to the risks associated with overnight rollovers.

In addition to the lack of rollover fees, swap-free accounts often offer other benefits, such as lower spreads and greater flexibility in trade execution. However, it is important to keep in mind that these accounts may have other restrictions, such as limits on the maximum trade size or the types of instruments that can be traded.

Overall, swap-free accounts can be a useful option for traders who are looking to avoid rollover fees or who want to trade in a way that is compliant with Islamic principles. It is important to carefully research and compare different swap-free account options before deciding on a broker, as the terms and conditions of these accounts can vary significantly.