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Swap-free brokers

Below you may see rating of Brokers which provide its clients with the opportunity to use Swap-free accounts developed for traders who use trading systems which do not take into considerations swap influence or traders who can not use swaps because of their religious beliefs. This determines the second name of this account type – “Islamic accounts”.

If a trader has swap-free account he/she does not get or loss any sum of money when there is a need to carry position over midnight despite of the position volume. Even holding a long-term position a trader may be sure that only currency rate may influence the result of the deal.

Forex-brokers which provide an opportunity to open accounts without swaps are popular in the Islamic world.

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Forex broker rating: review and comparison

Name For Against Vote Comments
InstaForex 90% 10%
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City Index 48% 52%
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GCI Financial 15% 85%
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FXDD 22% 78%
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easyMarkets 9% 91%
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6 eToro 65% 35%
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7 Bforex 33% 67%
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8 xTrade 38% 62%
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9 GFC Markets 31% 69%
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10 FBS Markets Inc. 49% 51%
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11 IFC Markets 0% 100%
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12 ArgusFX 0% 100%
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13 Uniglobe Markets 0% 100%
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14 A-Conversio Capital Limited 0% 100%
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15 AAATrade 0% 100%
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Last comments

Author: FXTye | 2024-12-18 | Forex section: Bforex
There's nothing unsual with this broker until you request for withdrawal. They will ignore you, and make you miserable on your own. They will not release your money.
Author: Theodore | 2024-12-17 | Forex section: Dealing City
Dealing City is a Dashing broker, I can deal easily and find a profitable signal on their platform. Their deposit and withdrawal process is within a day. Their spreads are comparatively lower. I am a scalper and Dealing City is perfect for me. Especially for fast execution and tight spread.
Author: Fery | 2024-12-17 | Forex section: UFX
One year I joined UFX everything went smoothly. But now I have a problem because after depositing $ 1000 I have difficulty withdrawing. The request that I submitted via email was also responded to very slowly. I am not sure they can respond to this problem quickly. I am starting to have doubts about UFX. Hopefully they can provide a quick response so that I can trust them again.
Author: Alex | 2024-12-16 | Forex section: Saxo Bank
It was a pleasure to be with Saxo Bank. I can trade everything in one platform; such as CFD, silver, forex and so on. Their MT4 platform has a stable execution and my order was placed in the perfect position.
Author: Howard | 2024-12-12 | Forex section: eToro
I had failed to deal with an EA in Etoro broker, as their order exertion on the MT4 terminal is slow and they increased spread suddenly. So the platform gave me a horrible payment service too. overall I say Etoro is a risky broker for investment in the market.
Author: Chan | 2024-12-12 | Forex section: VerumFX
When first I joined them 6 months ago, everything was okay. However lately, their service became worst. They keep ignore me when I contact them to solve my account problem. My withdrawal process also got suspended.
Author: Marlon | 2024-12-09 | Forex section: HYCM
I have been trading with HYCM for the last three months. So far been very overwhelmed with their service mostly their MT4 platform and most of the trade closed with profit. I also invested $600 in a live account. Last month I withdrew $400 via Bank transfer with no trouble. In my opinion, I feel HYCM is a professional broker.
Author: LokmanX | 2024-12-09 | Forex section: Orbex
I'm unlucky to experience the bad situation with this broker. I request for withdrawal for almost 2 weeks. No action taken to process my request.
Author: Leonard | 2024-12-09 | Forex section: easyMarkets
I have been with easyMarkets for almost a year. During my time with them, they have given me a lot, one of which is the bonus they promised before I joined and it turns out that all the terms and conditions are very easy. If there is any information that is not clear, I immediately ask customer support and they respond very quickly. I am sure that easyMarkets will provide many benefits to traders because they can prove everything. Account security is also very guaranteed here.
Author: kamal | 2024-12-05 | Forex section: YoutradeFx
YoutradeFx is a trader that has quite a lot of traders. They also provide attractive promos so that many traders join them. But in my opinion when I first joined, the information about the benefits that can be obtained if you join YoutradeFx was not detailed enough. I am sure that many traders will be interested in joining if they can provide more and clearer information about the promos that can be obtained on their website. I hope they can fix that.
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