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 154 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
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • WebTrader
  • Countries
    BZ CY GB GB MU ZA
  • Regulation
    • CySEC, 185/12
    • FCA (UK), 777911
    • FSC (Mauritius), C113012295
    • FSC (Mauritius), C113012295
    • FSCA (South Africa), 46614
CapitalCore $1 10 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • Capitalcore WebTrader
  • Countries
    VC
  • Regulation
FXGlory $1 7.1 0.01 1:3000
  • Platforms
    • MetaTrader 4
    • WebTrader
  • Countries
    AE CH CY GB VC
  • Regulation
AAFX Trading $100 9.6 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • Web Trading
    • WebTrader
    • MetaTrader 4 Web (VPS)
  • Countries
    AE AU HK MY NZ QA SA US VC
  • Regulation
    • FSA (St. Vincent & the Grenadines), 22916 IBC
RoboForex $10 4.8 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • cTrader
    • R StockTrader
    • R WebTrader
  • Countries
    BZ
  • Regulation
    • IFSC (Belize), 000138/210
Exness $1 7.4 0.01 1:2000
Forex4you $1 5.3 0.01 1:1000
FXOpen $1 8.6 0.001 1:500
AMarkets $100 7.8 0.01 1:1000
ForexMart $1 4.4 0.01 1:500
AGEA $1 6.8 0.01 1:500
InstaForex $1 3.4 0.0001 1:1000
LiteFinance (ex-LiteForex) $50 6.0 0.01 1:500
AvaTrade $100 3.0 0.01 1:400
easyMarkets $100 6.1 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 (ex-Admiral Markets) $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 1:500
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 1:400
Blackwell Global $1 - 0.01 1:200
ThinkMarkets $1 2.8 0.01 1:500
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
Trust Capital $10,000 - 0.1 1:400
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 - 0.02 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 9.6 0.01 1:500
CIBFX $500 5.1 0.01 1:200
LQDFX $20 8.0 0.01 1:500
CFDTimes $5 - 0.01 1:500
FP Markets $100 - 0.01 1:500
Fortrade $500 - 0.01 1:100
Turnkey Forex $200 9.5 0.01 1:400
TryMarkets $500 - 0.01 1:500
CMS Trader $500 - 0.1 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 7.8 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
JAFX $10 - 0.01 1:500
Alfa Capital $1 7.4 0.01 1:100
Alpari $1 4.7 0.01 1:1000
Axiance (ex-EverFX) $250 - 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 5.7 0.01 1:3000
FreshForex $200 8.7 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
TFI Markets $50 - 0.01 1:500
Vantage (ex-Vantage FX) $200 6.0 0.01 1:500
XM $5 5.2 0.01 1:888
Fort Financial Services $5 8.5 0.01 1:1000
FxPro $100 9.3 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 9.8 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 - 0.01 1:1000
streamsfx $500 - 0.01 1:30
Yadix $100 10 0.01 1:500
BlackBull Markets $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 10 0.00001 1:1000
ForexVox $1 - 0.01 1:500
AdroFx $25 10 0 1:500
TOP1Markets $100 - 0.01 1:100
TMGM $100 - 0.01 1:500
Evest $250 - 0.01 1:400
CryptoAltum $10 - 1 1:500
Number One Capital Markets $5 - 0.01 1:1000
GANNMarkets $10 - 0.01 1:400

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.

© 2005–2021

EarnForex.com

Design — Mart Studio

Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.