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 152 brokers listed in the table below.
Forex Broker | Min. Account Size | Broker Rating | Min. Position Size | Payment | Max. Leverage | Serious Regulation | Spread | US |
---|---|---|---|---|---|---|---|---|
FXTM | $10 | 8.5 | 0.01 | 1:2000 | ||||
|
||||||||
CapitalCore | $1 | 10 | 0.01 | 1:1000 | ||||
|
||||||||
FXGlory | $1 | 7.4 | 0.01 | 1:3000 | ||||
|
||||||||
RoboForex | $10 | 4.8 | 0.01 | 1:2000 | ||||
|
||||||||
Exness | $1 | 7.4 | 0.01 | 1:2000 | ||||
|
||||||||
Forex4you | $1 | 5.3 | 0.01 | 1:1000 | ||||
ForexMart | $1 | 4.4 | 0.01 | 1:500 | ||||
AMarkets | $100 | 7.8 | 0.01 | 1:1000 | ||||
FXOpen | $1 | 8.6 | 0.001 | 1:500 | ||||
LiteFinance (ex-LiteForex) | $50 | 6.0 | 0.01 | 1:500 | ||||
InstaForex | $1 | 5.9 | 0.0001 | 1:1000 | ||||
AGEA | $1 | 6.8 | 0.01 | 1:500 | ||||
easyMarkets | $25 | 6.1 | 0.01 | 1:400 | ||||
AvaTrade | $100 | 3.0 | 0.01 | 1:400 | ||||
XTB | $1 | 7.0 | 0.01 | 1:30 | ||||
Finotec | $200 | - | 0.1 | 1:200 | ||||
MaxiMarkets | $500 | 5.9 | 0.1 | 1:200 | ||||
iFOREX (Vestle) | $100 | 4.2 | 0.01 | 1:30 | ||||
FIBOGroup | $1 | 6.6 | 0.01 | 1:1000 | ||||
GCI | $500 | 7.0 | 0.1 | 1:400 | ||||
One Financial Markets | $250 | - | 0.01 | 1:30 | ||||
ATC Brokers | $5,000 | - | 1 | 1:200 | ||||
FXCL | $1 | 7.8 | 0.01 | 1:1000 | ||||
Admirals | $100 | 7.5 | 0.01 | 1:500 | ||||
PFD | $1 | - | 0.01 | 1:300 | ||||
UFX | $100 | 6.6 | 0.01 | 1:200 | ||||
Royal | $50 | - | 0.01 | 1:30 | ||||
CPT Markets | $500 | - | 0.01 | 1:500 | ||||
FXGM | $200 | - | 0.1 | 1:30 | ||||
AAAFx | $300 | 3.0 | 0.01 | 1:30 | ||||
HotForex | $5 | 7.9 | 0.01 | 1:1000 | ||||
Pepperstone | $200 | 6.5 | 0.01 | 1:30 | ||||
AccentForex | $10 | 8.9 | 0.01 | 1:500 | ||||
Profiforex | $1 | 6.0 | 0.01 | 1:500 | ||||
Trader's Way | $1 | 7.8 | 0.01 | 1:1000 | ||||
Grand Capital | $10 | 7.0 | 0.01 | 1:500 | ||||
Axiory | $10 | - | 0.01 | 1:777 | ||||
Larson & Holz IT | $250 | - | 0.01 | 1:500 | ||||
ICM Capital | $200 | - | 0.01 | 1:30 | ||||
IFC Markets | $1 | 8.5 | 0.001 | 1:400 | ||||
NordFX | $10 | 4.6 | 0.01 | 1:1000 | ||||
Axi | $1 | 6.4 | 0.01 | 1:500 | ||||
Blackwell Global | $1 | - | 0.01 | 1:200 | ||||
ThinkMarkets | $1 | 2.8 | 0.01 | 1:30 | ||||
GBE brokers | $500 | 5.5 | 0.01 | 1:30 | ||||
Forex Optimum | $10 | 8.4 | 0.01 | 1:500 | ||||
Euro Pacific Bank | $2,500 | - | 0.01 | 1:100 | ||||
Traders Trust | $50 | - | 0.01 | 1:500 | ||||
XGLOBAL Markets | $100 | - | 0.01 | 1:30 | ||||
NSFX | $300 | 8.5 | 0.01 | 1:50 | ||||
TenkoFX | $10 | 9.0 | 0.01 | 1:500 | ||||
Invast Financial Services | $100 | - | 0.01 | 1:400 | ||||
Hantec Markets | $1,000 | - | 0.01 | 1:30 | ||||
FirewoodFX | $10 | 7.0 | 0.01 | 1:1000 | ||||
Cornèr Trader | $1 | - | 0.01 | 1:200 | ||||
ETX Capital | $100 | - | 0.01 | 1:400 | ||||
Tickmill | $100 | 7.8 | 0.01 | 1:500 | ||||
WesternFX | $25 | - | 0 | 1:500 | ||||
Forex.ee | $10 | - | 0.01 | 1:500 | ||||
LCG | $10,000 | - | 0.1 | 1:200 | ||||
Valutrades | $100 | - | 0.01 | 1:400 | ||||
Tradeo | $250 | - | 0.01 | 1:30 | ||||
FXPRIMUS | $2,500 | - | 0.01 | 1:500 | ||||
FXGlobe | $250 | - | 0.01 | 1:500 | ||||
Capital Index | $100 | - | 0.01 | 1:200 | ||||
TrioMarkets | $500 | 6.4 | 0.01 | 1:30 | ||||
FxGrow | $100 | 8.7 | 0.01 | 1:100 | ||||
Alvexo | $500 | - | 0.01 | 1:400 | ||||
Trade360 | $500 | - | 0.005 | 1:200 | ||||
Titan FX | $200 | - | 0.01 | 1:500 | ||||
ForexChief | $10 | 9.4 | 0.01 | 1:1000 | ||||
VARIANSE | $500 | - | 0.01 | 1:30 | ||||
CM Trading | $250 | 8.7 | 0.01 | 1:200 | ||||
SuperForex | $1 | 8.0 | 0.01 | 1:1000 | ||||
FX Giants | $100 | - | 0.01 | 1:30 | ||||
BDSwiss | $100 | - | 0.01 | 1:400 | ||||
Land-FX | $300 | 9.2 | 0.01 | 1:500 | ||||
CIBFX | $500 | 5.1 | 0.01 | 1:200 | ||||
LQDFX | $20 | 8.0 | 0.01 | 1:500 | ||||
FP Markets | $100 | - | 0.01 | 1:500 | ||||
Fortrade | $500 | - | 0.01 | 1:100 | ||||
Turnkey Forex | $200 | 7.3 | 0.01 | 1:400 | ||||
TriumphFX | $100 | - | 0.01 | 1:500 | ||||
Tifia | $10 | - | 0.01 | 1:1000 | ||||
Swiss Markets | $200 | - | 0.01 | 1:500 | ||||
World Forex | $1 | 10 | 0.01 | 1:500 | ||||
AMEGA | $1 | 8.2 | 0.01 | 1:1000 | ||||
Fullerton Markets | $200 | - | 0.01 | 1:500 | ||||
Capital Street FX | $100 | 9.9 | 0.01 | 1:3500 | ||||
ETO Markets | $200 | - | 0.01 | 1:30 | ||||
Equiti Global Markets | $500 | - | 0.01 | 1:500 | ||||
AAFX Trading | $100 | 9.8 | 0.01 | 1:2000 | ||||
Alfa Capital Markets (ex-Alfa Capital) | $1 | 7.4 | 0.01 | 1:100 | ||||
Alpari | $1 | 4.7 | 0.01 | 1:1000 | ||||
Axiance (ex-EverFX) | $100 | - | 0.01 | 1:500 | ||||
BMFN (ex-Boston Merchant Financial) | $50 | 5.5 | 0.01 | 1:400 | ||||
CryptoRocket | $10 | - | 0.01 | 1:500 | ||||
Dukascopy | $100 | 4.6 | 0.001 | 1:200 | ||||
eToro | $200 | 8.5 | 0.1 | 1:400 | ||||
FBS | $1 | 3.3 | 0.01 | 1:3000 | ||||
FreshForex | $200 | 9.4 | 0.01 | 1:2000 | ||||
HYCM | $100 | 9.6 | 0.01 | 1:325 | ||||
IronFX | $100 | 4.5 | 0.01 | 1:30 | ||||
JustForex | $1 | 8.4 | 0.01 | 1:3000 | ||||
OctaFX | $100 | 6.7 | 0.01 | 1:500 | ||||
Orbex | $200 | 6.4 | 0.1 | 1:500 | ||||
PaxForex | $10 | 8.7 | 0.0001 | 1:500 | ||||
Vantage (ex-Vantage FX) | $200 | 6.0 | 0.01 | 1:500 | ||||
XM | $5 | 5.2 | 0.01 | 1:888 | ||||
FxPro | $100 | 9.5 | 0.01 | 1:50 | ||||
MultiBank | $50 | - | 0.01 | 1:500 | ||||
UBFX | $1 | - | 0.01 | 1:400 | ||||
RCPro | $500 | - | 0.01 | 1:200 | ||||
INFINOX | $100 | - | 0.01 | 1:30 | ||||
Fondex | $250 | 9.9 | 0.01 | 1:30 | ||||
One Global Market | $10,000 | - | 0.01 | 1:30 | ||||
Blueberry Markets | $100 | - | 0.01 | 1:500 | ||||
Credit Financier Invest | $1 | - | 0.01 | 1:30 | ||||
Olymp Trade | $2 | 10 | 0.01 | 1:500 | ||||
LegacyFx | $500 | - | 0.01 | 1:200 | ||||
XBTFX | $1 | 10 | 0.01 | 1:500 | ||||
AMP Global | $100 | - | 0.01 | 1:50 | ||||
CMS Prime | $1,000 | - | 0.01 | 1:500 | ||||
Scandinavian Capital Markets | $10,000 | - | 0.01 | 1:100 | ||||
Dizicx | $100 | - | 0.01 | 1:400 | ||||
M4Markets | $5 | 7.8 | 0.01 | 1:1000 | ||||
streamsfx | $500 | - | 0.01 | 1:30 | ||||
Yadix | $100 | 10 | 0.01 | 1:500 | ||||
Big Boss | $200 | - | 0.01 | 1:500 | ||||
Forex24 | $2,000 | - | 0.01 | 1:400 | ||||
ForexTB | $250 | 10 | 0.01 | 1:30 | ||||
Investous | $250 | 10 | 0.01 | 1:500 | ||||
Blaze Markets | $100 | - | 0.01 | 1:200 | ||||
FXGT | $10 | - | 0.01 | 1:500 | ||||
Milton Prime | $300 | - | 0.01 | 1:500 | ||||
HFTrading | $300 | - | 0 | 1:400 | ||||
XtreamForex | $5 | - | 0.01 | 1:1000 | ||||
Moneta Markets | $50 | - | 0.01 | 1:500 | ||||
AZAforex | $1 | 8.2 | 0.00001 | 1:1000 | ||||
ForexVox | $1 | - | 0.01 | 1:500 | ||||
AdroFx | $25 | 10 | 0.0001 | 1:500 | ||||
TOP1Markets | $100 | - | 0.01 | 1:100 | ||||
TMGM | $100 | - | 0.01 | 1:500 | ||||
Evest | $250 | - | 0.01 | 1:400 | ||||
CryptoAltum | $100 | - | 0.01 | 1:500 | ||||
Number One Capital Markets | $5 | - | 0.01 | 1:1000 | ||||
GANNMarkets | $10 | - | 0.01 | 1:400 | ||||
Trading.com | $5 | - | 0.01 | 1:30 | ||||
FX Sign | $1 | - | 0.01 | 1:1000 | ||||
Solid ECN | $1 | - | 0.01 | 1:1000 | ||||
Absolute Markets | $50 | - | 0.01 | 1:1000 | ||||
Investizo | $0 | - | 0 | 1:1000 |
You should open an account with a Shariah-compliant Forex broker if: