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 110 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
FxGlory	$1	4.6	0.01		1:3000
Platforms MetaTrader 4 Regulation Department of Economic Development (Dubai), 662938 Countries
N2 Capital Markets	$2,000	-	1		1:2000
Platforms MetaTrader 4 MetaTrader 5 Countries
FXVV	$10	7.0	0.01		1:2000
Platforms MetaTrader 4 Countries
TradeFort	$0.01	-	0.0001		1:1000
Platforms MetaTrader 4 Countries
InstaForex	$1	2.2	0.0001		1:1000
Platforms MetaTrader 4 MetaTrader 5 Regulation RAFMM Countries
LiteForex	$20	7.6	0.001		1:1000
Arab Financial Brokers	$50	-	0.01		1:1000
HotForex	$1	7.4	0.01		1:1000
Trader's Way	$1	8.5	0.001		1:1000
Forex-Market	$1	9.1	0.01		1:1000
XEMarkets (ex-Trading Point)	$5	6.9	0.0001		1:888
TFIFX	$50	-	0.01		1:500
RoboForex	$10	6.2	0.001		1:500
Forex4you	$1	7.8	0.0001		1:500
FXOpen	$1	4.6	0.001		1:500
Mayzus (ex-United World Capital)	$25	8.2	0.01		1:500
MasterForex	$1	-	0.01		1:500
AGEA	$0.01	6.1	0.00001		1:500
Alpari	$1	5.1	0.01		1:500
LQD Markets (ex-Tadawul FX)	$1,000	2.8	0.01		1:500
MFFX	$100	-	0.01		1:500
FxPro	$500	6.4	0.1		1:500
Forex-Metal	$1	5.5	0.01		1:500
Admiral Markets	$10	2.3	0.1		1:500
AL Trade	$20	-	0.01		1:500
FBS	$5	-	0.01		1:500
Tradenext	$500	10	0.01		1:500
AccentForex	$1	-	0.01		1:500
Profiforex	$1	-	0.01		1:500
Forex-Broker	$2	-	0.01		1:500
IronFX	$500	6.0	0.01		1:500
Grand Capital	$1	3.3	0.0001		1:500
Ikon Group	$1,000	-	0.01		1:500
OctaFX	$5	4.4	0.01		1:500
FXSystems.com	$25,000	-	1		1:500
BlackStoneFx	$200	-	0.1		1:500
JFX	$100	-	0.01		1:500
RobustFX	$100	-	0.01		1:500
FxNet	$5	8.5	0.01		1:500
GAINSY	$10	10	0.01		1:500
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
Forex Optimum	$10	-	0.01		1:500
FxCompany	$1	2.4	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
InvestTechFX	$100	-	0.01		1:500
eToro	$50	1.3	0.1		1:400
Ava FX	$1	2.0	0.01		1:400
iFOREX	$100	4.0	0.02		1:400
FXTSwiss	$2,000	-	0.1		1:400
Gallant Capital Markets	$50	-	0.01		1:400
RFXT	$1	-	0.1		1:400
Global Futures	$250	-	0.01		1:400
Investors Europe	$250	-	0.01		1:400
FXGM	$100	-	0.1		1:400
4RunnerForex	$100	-	0.01		1:400
STRATO Markets	$300	-	0.01		1:400
Pepperstone	$200	5.5	0.01		1:400
1LotSTP.com	$1	-	0.01		1:400
GKFX	$1	-	0.1		1:400
ICM Capital	$100	-	0.1		1:400
Infin Markets	$1	-	0.001		1:400
Goldstein Brokers	$100	-	0.01		1:400
NetoTrade	$100	-	0.01		1:400
COMMEXFX	$200	-	0.01		1:400
Alpha Trading	$1,000	-	0.01		1:400
FXcast	$10	1.0	0.01		1:400
IFC Markets	$1	10	0.001		1:400
HY Markets	$50	10	0.02		1:325
2pipfixed	$100	-	0.01		1:300
Axiory	$100	-	0.01		1:300
SkyFx	$500	-	0.01		1:300
4XP	$10	3.3	0.01		1:300
Easy-Forex	$25	6.4	0.05		1:200
Saxo Bank	$2,000	-	0.05		1:200
Finotec	$200	-	0.1		1:200
Forex Club	$200	4.4	0.01		1:200
FIBOGroup	$300	3.3	0.01		1:200
VarengoldBankFX	$2,500	-	0.1		1:200
ATC Brokers	$5,000	-	1		1:200
UFXMarkets (ex-UFXBank)	$100	6.4	0.01		1:200
Lionstone Investment Services	$100	1.0	0.00001		1:200
AAAFx	$300	-	0.01		1:200
FIBO	$300	-	0.01		1:200
SmartTradeFX	$100	-	0.01		1:200
Blackwell Global	$2,000	-	0.01		1:200
TradingForex.com	$200	-	0.01		1:200
MFC Investment	$1,000	-	0.1		1:200
Sensus Capital	$2,500	-	0.01		1:200
MW	$1	-	0.01		1:200
FastBrokers	$2,500	-	0.1		1:200
ACM	$1,000	-	0.1		1:100
X-Trade Brokers	$500	-	0.1		1:100
MIG Bank	$2,000	3.3	0.1		1:100
GCI (ex-GCI Financial)	$500	8.2	0.1		1:100
Citypoint Trading	$100	-	0.1		1:100
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
Bestec NFX	$100	-	0.05		1:100
Larson & Holz IT	$1	-	0.01		1:100
Boston Prime FX	$100,000	-	0.1		1:100
GFT Forex	$2,500	-	0.1		1:50
IBFX (ex-Interbank FX)	$10,000	-	0.01		1:50
FXCM	$2,000	-	0.01		1:50
Bloombex Options	$200	-	1		1:1

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.