Swap-Free brokers

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.

Forex Broker Rating!

Logo Name Info For Against Vote Comments Statistic
InstaForex InstaForex
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On-line since: 2007
Country of origin: Russia
Regulation: FFMS
Payment options: RBKMoney, Qiwi, MoneyBookers/Skrill, Payza, EuroGoldCash (USD), Visa, MasterCard, bank transfers, cash (InstaForex dealer)
Minimum account size: $1
Minimum lot size: 0.01
Leverage: 1:1000
Spreads: 3 pips on EUR/USD

InstaForex is an ECN broker, which has been providing access to the trading operations on the international monetary market since 2007. The company has more than 2,000,000 customers. InstaForex offers one of the best trading conditions and contract specifications. Moreover, the company provides the customers with a wide range of bonuses and services such as the PAMM system and ForexCopy enabling the clients with different knowledge level to earn money on Forex.
Furthermore, series of competitions and campaigns amounts to 12. Besides the prize money, the traders can win mobile devices and luxurious cars such as Porsche Cayman and Jaguar F-Type.
Before going live with any broker, traders should learn advantages and disadvantages of each company. InstaForex review in the Comment section will help traders choose a company to work with.
If it is the first time you choose a broker, first of all, you should pay attention to the service quality, initial deposit, and leverage. Moreover, you should find information about broker's trade turnover and the number of active live accounts, which can tell you whether the company is worth dealing with. The more clients a company has, the higher the quality and security of its service is. More than 1,000 new accounts are registered with InstaForex every day. The company has over 265 representative offices worldwide.
"Social life" of any company is also very important. It demonstrates how often the company takes part in different international and regional events and what it has achieved while operating on Forex.
InstaForex review sent by the company's clients can help you make the right choice from the huge list of different companies.
If you are an InstaForex client, please leave your comment and review of your cooperation with the company. Thus, you will help other traders find worth-while provider of Forex services.
You can find reviews sent by InstaForex traders with different work experience below. Using these comments, you can choose the most appropriate Forex company.

Web-site: InstaForex

74% 26% -
eToro eToro
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Country of origin: Cyprus
Leverage: 1:2, 1:5, 1:10, 1:25, 1:50, 1:100, 1:200, 1:400
Regulation: Registered member of NFA (ID: 0382918).
Minimum account size: $50
Minimum lot size: 0.1 lot
Payment options: Credit/debit cards, giropay, Neteller, PayPal, Skrill (Moneybookers), WebMoney, Wire transfer
Spreads: 2 pips on EUR/USD
On-line since: 2008

eToro brings financial trading to life for hundreds of thousands of users worldwide. Our people friendly trading platform helps make Forex: simple to start, great to learn and a delight to trade. Our educational and trading toolbox, together with outstanding personal service, delivers Forex that’s a delight to master. eToro's visual trading style lets every trader, at every level of experience, enjoy their trading. With Forex powered by eToro behind you, harnessing the power of financial markets becomes simple and rewarding.

Web-site: eToro

31% 69% -
City Index City Index
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City Index

On-line since: 2001
Country of origin: United Kingdom
Regulation: FSA
Payment options: wire transfers, bank cards
Minimum account size: -
Minimum lot size: 0,01
Leverage: 1:400
Spreads: 1 pip for EUR/USD and USD/JPY

City Index is a subsidiary of GAIN Capital Holdings, Inc. Its offices are located in the UK, Singapore, China as well as Dubai and Australia. City Index was established in 1983 as one of the first companies offering spread betting that is taking bets on the price movements of financial instruments.
Today, City Index is the worlds leader in providing online trading services and CFDs. Every month, the companys clients from over 50 countries perform more than 2 million deals.
The broker offers its clients competitive spreads and access to thousands of trading instruments, including indices, shares, currency pairs, commodities, bonds, interest rates etc. Traders can choose one of the following trading platforms: Advantage Web, AT Pro, and MetaTrader 4.
City Index has over ten awards for its high-quality and safe services.
Recently, the company has won such awards as The Best Education/Resources, The Best CFD Provider, Forex Provider of the Year, The Best Trading Platform, and some others.

Web-site: City Index

21% 79% -
GCI Financial GCI Financial
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GCI Financial

Country of origin: Belize
Leverage: 1:100
Regulation: Registered by International Financial Services Commission of Belize.
Minimum account size: $500
Minimum lot size: 0.1 lot
Payment options: CashU, Credit/debit cards. Perfect Money, Skrill (Moneybookers), Wire transfer
Spreads: 1 pips on EUR/USD
On-line since: 2002

GCI was found in 2002, and is among pioneers at the markets of currency and contract for difference (CFD) trading.
GCI Financial (GCI) is a regulated trading company, specialized in brokerage services at Forex. Moreover, GCI actively participates on the market of CDFs for shares, indexes and futures.
GCI Company has about 10 000 clients all over the world, including individual traders, companies and account managers.
GCI offers its clients a modern, reliable and not sophisticated system for online trading. The clients’ funds are kept on segregated accounts and are insured; and the dealing experience of the company meets the highest requirements.

Web-site: GCI Financial

14% 86% -
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Country of origin: USA
Leverage: 1:200
Regulation: None
Minimum account size: $250
Minimum lot size: 0.01
Payment options: ClickandBuy, Credit/debit cards, Skrill (Moneybookers), Wire transfer
Spreads: 1,3 pips on EUR/USD
On-line since: 2002

The business model of the FXDD Company has been developed in order to provide the prices of the interbank market participants to customers. This business scheme has been exploited by Tradition Company for over 40 years. The structure of the Company allows avoiding conflicts, when the liabilities and the interests of the firm do not correspond.

Web-site: FXDD

20% 80% -
6 Corsa Capital Corsa Capital
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Corsa Capital

On-line since: 2007
Country of origin: Russia
Regulation: Regulated by RAFFM.
Payment options: WebMoney, Liberty Reserve, bank transfer and credit cards
Minimum account size: $1
Minimum lot size: 0.01
Leverage: no
Spreads: no

Corsa Capital provides private and institutional investors with Internet trading services in financial markets. The main focus of our activity is access to the FOREX international foreign currency exchange market.
Corsa Capital Investment Corporation was founded in 2007 by a group of professional traders in the foreign currency exchange market.We offer our clients the ability to make arbitrage transactions on FOREX by purchasing fixed maturity option contracts, one of the most advanced technologies in foreign exchange dealing today.
Providing this high quality new technology for operating on the foreign currency exchange market, Corsa Capital strives always to meet the level of current standards for client service in internet trading.Client accounts are set up to work in a way that maximizes the speed of shared payments and professionally trained specialists in our consulting center are always willing to provide complete technical support.

Web-site: Corsa Capital

25% 75% -
7 Easy Forex Easy Forex
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Easy Forex

Country of origin: Cyprus
Leverage: 1:200
Regulation: ASIC, 246566, CySEC, 079/07
Minimum account size: $25
Minimum lot size: 0.05 lot
Payment options: Credit cards, PayPal
Spreads: 4 pips on EUR/USD
On-line since: 2003

EasyForex Company took its rise in 2001.
EasyForex Company is a division of the Research Center for Artificial Intelligence registered by the Moscow Chamber on January 12, 1993.
EasyForex broker cooperates with ICVector Company organizing the international trading at Forex currency market.
EasyForex system allows running trading operations in small amounts.
The feature of Easy-Forex™ trading platform is that the trader has an opportunity to freeze the current rate of Buy or Sell for a few seconds and do not depend on further rate fluctuations.

Web-site: Easy Forex

8% 92% -
8 Bforex Bforex
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Country of origin: Cyprus
Leverage: 1:200
Regulation: ASIC (Australia), CNVM (Romania), CySec (Cyprus) and Banco Central del Uruguay (Uruguay)
Minimum account size: $250
Minimum lot size: 0.025
Payment options: CashU, Credit/debit cards, Neteller, OKPAY, paysafecard, QIWI, Skrill (Moneybookers), SOFORT, WebMoney, Wire transfer, Yandex.Money
Spreads: 3 pips on EUR/USD
On-line since: 2007

Bforex – an excellent quality of services and profitable quoting rates favorable for the experienced traders as well as for the novices. Bforex Company has a wide line of offers for the legal bodies starting from agreements with institutional broker and including engineers of White Label.

Web-site: Bforex

34% 66% -
9 xForex xForex
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Country of origin: Cyprus/Canada
Leverage: up to 1:400
Regulation: AFM (Netherlands), 66418, ASIC, 140 899 476, Banque de France, 73506, FCA (UK), 247274, FSA (Denmark)
Minimum account size: $100
Minimum lot size: 0.05 lot
Payment options: CashU, Credit/debit cards, QIWI, Skrill (Moneybookers), UnionPay, WebMoney, Wire transfer
Spreads: 4 pips on EUR/USD
On-line since: 2003

XForex was established in 2003.
XForex is an innovative company, which developed one of the most reliable and unique web-platforms for trading at Forex market.
XForex trading platform was developed by professional traders. The main criteria of the company’s work are: professionalism, financial mobility and the trading network time rate.

Web-site: xForex

36% 64% -
10 Exto Capital Exto Capital
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Exto Capital

On-line since: 2007
Country of origin: Switzerland
Regulation: Regulated by OAR-G, Exto Financials SA is overseen by the Federal Department of Finance in Switzerland.
Payment options: Wire transfer, PayPal, credit cards, Moneybookers and WebMoney
Minimum account size: $1,000
Minimum lot size: 0.1 lot
Leverage: up to 1:400
Spreads: 2 pips on EUR/USD

Exto Capital Company was established in 2007 by the professional investment managers, foreign currency traders and software developers.
Exto Capital Company is a branch of Extp Financials C.A. independent assets management company. General Headquarters of broker Exto Capital is located in Switzerland.
Exto Capital Company effects services of online trading on basis of the trading platform extoPRO trader, developed by the broker Exto Capital staff.

Web-site: Exto Capital

27% 73% -
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Country of origin: Russia
Leverage: up to 1:500
Regulation: Not regulated
Minimum account size: $100
Minimum lot size: 0.01
Payment options: wire transfer, WebMoney
Spreads: 2 pips on EUR/USD
On-line since: 2009

The promoters of the company are banking specialists who have considerable experience in working on the foreign exchange market. The priority of Bearman Ventures Ltd company is rendering online trading services on the international foreign exchange market (Forex).
The mission of the company is to make sure that our customers have large possibilities to timely implement their investment ideas.

Web-site: BFX

32% 68% -
12 FBS Markets Inc. FBS Markets Inc.
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FBS Markets Inc.

On-line since: 2009
Country of origin: Belize
Regulation: IFSC
Payment options: Bank wire transfer, Local Banks, Local exchangers, Visa, Mastercard, FBS Deposit Card, Webmoney, Skrill, Perfect Money, FBS MasterCard, DIXIPAY, China Union Pay, Qiwi, Neteller, CashU, EgoPay, OKPAY, RBK Money, Paysbuy, Liqpay, Moneta.ru, Yandex.money
Minimum account size: $1
Minimum lot size: 0.01
Leverage: from 1:1 to 1:2000
Spreads: from 0 pips on EUR/USD

FBS is an authorized provider of online foreign exchange trading services. Being an ECN/STP broker, it provides its clients with a wide range of services and competitive trading environment. Today FBS offers trading more than 100 trading symbols: 90 currency pairs, 6 metals and CFD.

Web-site: FBS Markets Inc.

47% 53% -
13 Finexo Global Investments Ltd Finexo Global Investments Ltd
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Finexo Global Investments Ltd

Country of origin: Cyprus
Leverage: up 1:10 to 1:200
Regulation: BaFin - The Federal Financial Supervisory Authority (Germany), Cyprus Securities and Exchange Commission (ID: 092/08)
Minimum account size: $100
Minimum lot size: 0.01
Payment options: Credit/debit cards, WebMoney, Wire transfer
Spreads: 3 pips on EUR/USD
On-line since: 2003

The site of the company was established in 2003 by financial experts with an aim to unite all those interested in investing and making profit on Forex. Today Finexo is one of the fastest-growing online brokers on Forex which enables all its customers to engage in professional currency trading without much effort.
Since March 10, 2010, the Finexo site has been managed by SafeCap Investments Limited Cyprian company, regulated by The Cyprus Securities and Exchange Commission (CySEC) under the following license number: 092/08.

Web-site: Finexo Global Investments Ltd

34% 66% -
14 GFC Markets GFC Markets
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GFC Markets

Country of origin: Cyprus
Leverage: up1:100 to 1:200
Regulation: CySEC - Cyprus Securities and Exchange Commission (ID: 092/08)
Minimum account size: $100
Minimum lot size: 0,01
Payment options: wire transfer, credit cards, WebMoney
Spreads: 3 pips on EUR/USD
On-line since: 2006

GFC Markets is a licensed and regulated EC Forex broker of CFD trading controlled by Safecap Investments Limited company.
The company was founded by Forex trading experts and businessmen, who had achieved remarkable success participating in many online projects. The company is committed to providing both beginners and experienced traders with simple and effective decisions for trading on the international foreign exchange market.

Web-site: GFC Markets

31% 69% -

Last comments


Author: Ges | 2015-11-19 | Forex section: InstaForex review

I'm glad I've found a honest and reliable broker. Customer service is very efficient and helpful. I always have response for all my inquiries very soon. I have been tradinh with them for two years and had withdrawn money more than five times and never had problems. The withdrawls are easy and fast.

Author: Eric | 2015-11-19 | Forex section: RoboForex review

RoboForex is my first attempt in trading, so I worried about the sys, asked many info the manager Anna T, thanks for help. I see the negative balance protection, swap-free accounts, I read about it. I aye use online support, but it use thescript and sometimes they can't get the problem. First I used free demo account with no limits. Now I see the fututre with this Co.

Author: Squizerz | 2015-11-19 | Forex section: IronFx review

Has a slow process, re-quotes, poor customer service and lots of factors that need addressing before this broker can be classed as descent. I highly recommend not put any money into this company because they will make various excuses not allowing you to withdraw.

Author: Deborah | 2015-11-19 | Forex section: FXOpen review

I was scammed by this company - FXOpen after I had added funds by wire. When I read bad posts about this site, so I changed idea and wanted to withdraw funds. However, they tell me that the wire was not on my name and they will not send me money back until I prove it was on my name. So the question is : WHY DID THEY ADD FUNDS IN THE FIRST PLACE IT WAS NOT ON MY NAME??? I will update in the next days how it's going forward.

Author: UrpichFX | 2015-11-18 | Forex section: InstaForex review

Very happy with my trades with InstaForex. Almost all of them has been profitable and I could withdraw my earnings without any issue. Spreads are fixed and its trading platform works well, without problems of delay.

Author: Liam Taubman | 2015-11-18 | Forex section: 5StarsForex review

5Stars forex is the best company for beginner and experienced both trader. It has everything to start successful trading: different platforms depending on your trading experience, reasonable deposits and good spreads. I'm really satisfied with their service.

Author: Osborn | 2015-11-18 | Forex section: YoutradeFx review

At first, using "youtradeFX" was bit of a pain as registering with them is a tiring and legnthly process whereby confimation upon confirmation has to be made. The large leverage they offer might be the beginning to an end for the uninformed beginner or greedy trader, who is often quick to forget how risky currency trading is. However, if you do your research and spend time learning the market by watching their many tutorial videos, like me, you can earn a more than modist income.

Author: Winston | 2015-11-18 | Forex section: RoboForex review

I know nothing about forex kitchen, but I admit RoboForex has a strict system of verifiation. So, have you ever troubles with it?

Author: Gendy.y.y | 2015-11-17 | Forex section: InstaForex review

I strongly recommend Instaforex! They innovate and revolutionize forex trading, they always provide the best conditions and best services. I'm a successful trader thanks to this broker!

Author: Ashraf El Guindy | 2015-11-17 | Forex section: IronFx review

I have been trading with IronFx for more than a year. had my good times of normal withdrawals till end of 2014, since then i have been facing challenges withdrawing my balance. Numerous emails and messages and the conclusion is ZERO, they are unprofessional org. and a big scam, they should be blocked immediately and funds returned to clients.

Author: sebastine | 2015-11-17 | Forex section: Bforex review

We are close friends who have not had, do not have nor intend to have a romantic relationship

Special offers

Corsa Capital
11 types of options contracts
$100 welcome bonus for every customer
No spreads, no commissions, no swaps
Bonus 30% for every deposit
Leverage 1:1000
Prize fund 500 000 USD
Fixed spreads
Leverage 1:200
Withdraw instantly
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