Muslim Forex Brokers

A list of Forex brokers that are friendly to Muslim Forex traders, allowing them to open the accounts without overnight interest (no Riba accounts). Such brokers can be very useful for traders from Iran, Saudi Arabia and other countries of Middle East. You will find 107 brokers listed in the table below.

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order | minimum account size | rating | name |minimum position size | maximum leverage

Forex Broker	Min. Account Size	Broker Rating	Min. Position Size	Payment	Max. Leverage	Regulation	Spread	US
XEMarkets (ex-Trading Point)	$5	3.3	0.0001		1:888
Platforms MetaTrader 4 MirrorTrader Regulation BaFin CNMV (Spain) CySEC FSA (UK), 538324 Countries
TFIFX	$50	-	0.01		1:500
Platforms MetaTrader 4 Regulation CySEC Countries
FxGlory	$1	8.2	0.01		1:3000
Platforms MetaTrader 4 Regulation Department of Economic Development (Dubai), 662938 Countries
TradeFort	$0.01	-	0.0001		1:1000
Platforms MetaTrader 4 Countries
InstaForex	$1	3.1	0.0001		1:1000
Platforms MetaTrader 4 MetaTrader 5 Regulation RAFMM Countries
RoboForex	$10	5.5	0.001		1:500
FXOpen	$1	5.5	0.1		1:500
eToro	$50	2.3	0.1		1:400
Forex4you	$1	5.5	0.0001		1:500
LiteForex	$20	5.3	0.001		1:1000
Mayzus (ex-United World Capital)	$25	8.2	0.01		1:500
Ava FX	$1	1.6	0.01		1:400
AGEA (ex-Marketiva)	$0.01	6.1	0.00001		1:500
Easy-Forex	$25	6.4	0.05		1:200
MasterForex	$1	-	0.01		1:500
ACM	$1,000	-	0.1		1:100
Alpari	$100	4.6	0.01		1:500
GFT Forex	$2,500	-	0.1		1:50
IBFX (ex-Interbank FX)	$10,000	-	0.01		1:50
LQD Markets (ex-Tadawul FX)	$1,000	4.6	0.00000		1:500
Saxo Bank	$2,000	-	0.05		1:200
X-Trade Brokers	$500	-	0.1		1:100
Finotec	$200	-	0.1		1:200
FXCM	$2,000	-	0.01		1:50
Forex Club	$200	4.4	0.01		1:200
MIG Bank	$2,000	3.3	0.1		1:100
MFFX	$100	-	0.01		1:500
MFN	$5,000	-	0.1		1:200
iFOREX	$100	6.6	0.02		1:400
FIBOGroup	$300	3.3	0.01		1:200
GCI (ex-GCI Financial)	$500	8.2	0.1		1:100
VarengoldBankFX	$2,500	-	0.1		1:200
FxPro	$500	8.0	0.1		1:500
Forex-Metal	$1	5.5	0.01		1:500
FXTSwiss	$2,000	-	0.1		1:400
Apex FX Trading	$1	-	0.1		1:100
ATC Brokers	$5,000	-	1		1:200
HY Markets	$50	10	0.02		1:325
Arab Financial Brokers	$50	-	0.01		1:400
Admiral Markets	$10	1.8	0.1		1:500
AL Trade	$20	-	0.01		1:500
N2 Capital Markets	$2,000	-	1		1:2000
Gallant Capital Markets	$50	-	0.01		1:400
UFXMarkets (ex-UFXBank)	$100	6.4	0.01		1:200
RFXT	$1	-	0.1		1:400
Citypoint Trading	$100	-	0.1		1:100
Global Futures	$250	-	0.01		1:400
Investors Europe	$250	-	0.01		1:400
2pipfixed	$100	-	0.01		1:300
Lionstone Investment Services	$100	1.0	0.00001		1:200
FBS	$5	-	0.01		1:500
FXGM	$100	-	0.1		1:400
AAAFx	$300	-	0.01		1:200
Tradenext	$500	10	0.01		1:500
4RunnerForex	$100	-	0.01		1:400
STRATO Markets	$300	-	0.01		1:400
HotForex	$1	7.4	0.01		1:1000
Pepperstone	$200	5.5	0.01		1:400
AccentForex	$1	-	0.01		1:500
ForexControl	$2,500	-	0.05		1:500
Profiforex	$1	-	0.01		1:500
Universal FX	$500	8.4	0.01		1:100
Ajax Financial	$500	10	0.1		1:100
SunbirdFX	$100	4.0	0.01		1:100
Bloombex Options	$200	-	1		1:1
Forex-Broker	$2	-	0.01		1:500
IronFX	$500	7.9	0.01		1:500
Trader's Way	$1	8.5	0.001		1:1000
Grand Capital	$1	5.5	0.0001		1:500
Axiory	$100	-	0.01		1:300
Ikon Group	$1,000	-	0.01		1:500
1LotSTP.com	$1	-	0.01		1:400
Bestec NFX	$100	-	0.05		1:100
OctaFX	$5	8.9	0.01		1:500
Larson & Holz IT	$1	-	0.01		1:100
GKFX	$1	-	0.1		1:400
ICM Capital	$100	-	0.1		1:400
FXSystems.com	$25,000	-	1		1:500
Infin Markets	$1	-	0.001		1:400
FIBO	$300	-	0.01		1:200
SkyFx	$500	-	0.01		1:300
BlackStoneFx	$200	-	0.1		1:500
SmartTradeFX	$100	-	0.01		1:200
JFX	$100	-	0.01		1:500
Goldstein Brokers	$100	-	0.01		1:400
FXVV	$10	8.5	0.01		1:2000
Blackwell Global	$2,000	-	0.01		1:200
TradingForex.com	$200	-	0.01		1:200
NetoTrade	$100	-	0.01		1:400
RobustFX	$100	-	0.01		1:500
FxNet	$5	8.5	0.01		1:500
GAINSY	$10	10	0.01		1:500
MFC Investment	$1,000	-	0.1		1:200
Capital One Forex	$25	-	0.01		1:500
Vector Securities	$20	-	0.01		1:500
UMOFX	$1	-	0.01		1:500
Weltrade	$20	-	0.01		1:500
Sensus Capital	$2,500	-	0.01		1:200
4XP	$10	7.6	0.01		1:300
FXcast	$10	1.0	0.01		1:400
FxCompany	$1	3.8	0.01		1:500
Mega Trader FX	$2	-	0.01		1:500
PaxForex	$10	-	0.01		1:500
You Trade FX	$100	1.9	0.01		1:500
FastBrokers	$2,500	-	0.1		1:200
IFC Markets	$1	10	0.001		1:400
InvestTechFX	$100	-	0.01		1:500

You should open an account with a Shariah-compliant Forex broker if:

• You would like to benefit from currency trading, but do not earn Riba.
• You would like to trade without overnight swaps.
• It is illegal to trade with non-Islamic brokers in your country.