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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: Jazz | 2025-02-20 | Forex section: VTB24
I will leave this broker. I cannot tolerate anymore with their process of withdrawal. Too long to process.
Author: McKenna | 2025-02-20 | Forex section: STforex
At first, I was confused about investing with STforex but after dealing in a live account, I understand why they are a trader’s favourite broker. I found their trade execution to be wonderful. Spreads are reasonable, If compare their spreads to other brokers it`s normal. Every time I, withdraw money it is on time and the customer service is very good and genuine.
Author: Irfan Subhi | 2025-02-18 | Forex section: AAAFx
Till now I've lost almost $1K with STforex, As I've suffered a lot of slippage issues on their platform to server delay so far. Probably their aim is not for service and my orders execute delay real-time. As I can't place any orders without any slippage. also, the price chart didn't match either. Overall the platform is the worst. I say the STforex platform isn't suitable for scalpers traders like me.
Author: Bosie | 2025-02-18 | Forex section: NewForex
I love trading with them. I always gain profit.
Author: Helmet | 2025-02-14 | Forex section: SuperForex
I just join them for 2 months. They are very helpful to me as I'm a newbie. They gives a lot of info about forex and how to trade.
Author: Lloyd Leon | 2025-02-14 | Forex section: ForexMart
ForexMart is reliable trading place for me so far. I can run my trade with $10 in a live account and I have found instant order execution in a live chart. Also I can use many builtin advanced tools and indicators too. They have a free learning course on youtube channel too, so I can develop my skill. So I am satisfied with ForexMart.
Author: Abu | 2025-02-12 | Forex section: InstaForex
Nothing I can complaint about this broker. Everything is good.
Author: Sizemore | 2025-02-10 | Forex section: MXTrade
MXTrade has a rubish platform and worst service. I got a fake platform, where i seen fake price and a lot of error massage. My withdrawal always failed and I am unable to withdraw my Investment. Overall I am fed up with this broker.
Author: Anjang | 2025-02-07 | Forex section: IQ Option
I love trading with them. I have no problem at all.
Author: Batista | 2025-02-06 | Forex section: Fx Swiss
I got a weird service on the Fx Swiss platform. As always, I found a negative slippage and all of my orders went into a losing position. Also, their payment service is painful and awful. I can't run my forex trading business with the Fx Swiss and I decided to withdraw $560 through Neteller. But they cancelled my withdrawal request. Now, I am disappointed with Fx Swiss.
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