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
Read reviews
InstaForex

On-line since: 2008
Country of origin: Russia
Regulation: Regulated by Russian FFMS.
Payment options: RBKMoney, Qiwi, MoneyBookers, AlertPay, Pecunix, EuroGoldCash (USD), Visa cards, MasterCard
Minimum account size: $1
Minimum lot size: 0.01
Leverage: from 1:1 to 1:1000
Spreads: 3 pips on EUR\/USD

InstaForex provides quality services of online trading. This is the companys top priority. The world-famous and popular brand carries out its activity on the forex market and bears the status of the ECN broker. The company offers the most lucrative conditions for its clients. Hundreds of new traders open new trading accounts with the company daily to invest funds in financial markets. The number of existing clients has already exceeded 1 million, including both individual and institutional traders. The brokerage network embraces more than 250 offices all over the globe. Most of them are located in Asia and the company managed to succeed in this part of the world. InstaForex was founded in 2007. The company has proved its supremacy and professional approach repeatedly being acknowledged by various awards.InstaForex was announced the Best Broker in Asia by World Finance Awards three times. Besides, it earned the Best Retail Broker 2013 title from the European CEO Awards, the Best Forex ECN Broker 2013 by UK Forex Awards, the Best Forex Broker Eastern Europe 2014 by IAIR Awards, the Best Broker in Asia at the China International Online Trading Expo (CIOT EXPO) 2014 and many others.

Web-site: InstaForex

75% 25% -
eToro eToro
Read reviews
eToro

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% -
GFT GFT
Read reviews
GFT

Country of origin: Australia
Leverage: from 1:50 to 1:400
Regulation: Registered with the Commodity Futures Trading Commission, is also a member of the Australian Securities and Investments Commission (ASIC), an independent Australian government body that regulates financial markets, securities, futures and corporations since January 1991.
Minimum account size: $2500
Minimum lot size: 0.1 lot
Payment options: Credit cards, eCheck, PayPal, bank wire and paper checks
Spreads: Variable (3 pips average) on EUR/USD
On-line since: 2001

Global Futures Exchange and Trading Company, Inc. was established in 1998. The headquarters office of the company is in Encino, California, USA, also Global Futures Exchange and Trading Company has two representation offices in Florida and North Caroline.
The company is registered in the National Futures Association (NFA) and the Commodity Futures Trading Commissions (CFTC). Global Futures Exchange and Trading Company is one of the largest independent brokerage firms providing private investors and traders with full range of services on futures and options markets and international Forex currency market.

Web-site: GFT

22% 78% -
GCI Financial GCI Financial
Read reviews
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

13% 87% -
FXDD FXDD
Read reviews
FXDD

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

21% 79% -
6 Corsa Capital Corsa Capital
Read reviews
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

26% 74% -
7 Easy Forex Easy Forex
Read reviews
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

10% 90% -
8 FxCompany FxCompany
Read reviews
FxCompany

On-line since: 2006
Country of origin: Mauritius
Regulation: Is a licensed provider of investment adviser services and regulated by FSC (Financial Services Commission) of Mauritius. License no. C109007280, issued on 25.03.2009.
Payment options: Wire transfer, WebMoney, Moneybookers and Liberty Reserve
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: from 1:1 to 1:500
Spreads: 0.8 pip on EUR/USD

The Company FxCompany Financial Group Ltd. provides its clients with innovative technologies of trading and brokerage services at the international currency market Forex, as well as at markets of CFD shares, precious metals and futures. The activity of the Company FxCompany Financial Group Ltd. is licensed and regulated by Financial Services Commission.
FxCompany Financial Group Ltd. is one of the most dynamically developing companies. Nowadays FxCompany has more than 100 representative offices and branches all over the world.
The main target of FxCompany is provision of qualitative and wide range of financial services in the financial industry.
FxCompany is an example of perfect services quality for experienced traders as well as for the newbies. Moreover, FxCompany renders partnership program, management of capital and different services for the legal bodies.

Web-site: FxCompany

4% 96% -
9 Bforex Bforex
Read reviews
Bforex

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

31% 69% -
10 xForex xForex
Read reviews
xForex

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

34% 66% -
11 Exto Capital Exto Capital
Read reviews
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% -
12 BFX BFX
Read reviews
BFX

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% -
13 FBS Markets Inc. FBS Markets Inc.
Read reviews
FBS Markets Inc.

On-line since: 2009
Country of origin: Belize
Regulation: IFSC
Payment options: Bank wire transfer, Visa, Mastercard, FBS Deposit Card, Webmoney, Skrill, Perfect Money, FBS MasterCard, DIXIPAY, China Union Pay, Western Union, MoneyGram, Anelik, Contact, Qiwi
Minimum account size: $5
Minimum lot size: 0.01
Leverage: from 1:1 to 1:1000
Spreads: from 1 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.

Web-site: FBS Markets Inc.

45% 55% -
14 Finexo Global Investments Ltd Finexo Global Investments Ltd
Read reviews
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

33% 67% -
12

Last comments

Sort:

Author: petra | 2014-12-22 | Forex section: InstaForex review

I have been trading with more than 3 years and I am very satisfied and happy because they had a good trade execution, fast deposit and withdrawal.

Author: sajjas | 2014-12-22 | Forex section: Alpari review

I had an account with them and all I can say is it's very difficult to trade in here because of the big spreads.

Author: bonjIngga | 2014-12-22 | Forex section: Sucden review

I am very disappointed trading with these crooks. The highly-rated broker does not provide unreliable trading services just like what they did.

Author: Ammoura143 | 2014-12-22 | Forex section: IronFx review

Their demo account is perfectly fine, the execution speed is almost instant, but the real account usually takes 10/15 seconds to execute the order, everyone knows that's a big barrier for a day trader. Another problem is the customer support. It takes long to get answered.

Author: Chovy | 2014-12-22 | Forex section: InstaForex review

I have been very happy with my results trading and all interactions with Instaforex. He is of highest quality of trader, person and educator that anyone could ask for.

Author: FX_Romeo | 2014-12-22 | Forex section: HMS Markets review

They do not offer fixed spreads. They will constantly put you on requotes even the market is not moving. I do not recommend this Broker. Since days ago I have transferred more funds to my account but until now no funds in my account.

Author: DeSantis _Trader | 2014-12-22 | Forex section: InstaForex review

I have earned a lot with InstaForex. The trading platform is very useful and has all the information I need to trade with no problems and very fast. Also, I havent had any serious problems. For me, this broker is the best. They have fulfilled all my requirements and has provided me very good services to increase my money and my knowledge too. You should trade with them too

Author: Richard | 2014-12-22 | Forex section: InstaForex review

InstaForex is a perfect broker for me, They always keep fixed spread which is perfect for me. I never had any problems with them even in fast moving markets and I suggest you give them a try.

Author: tarep | 2014-12-22 | Forex section: CitiFX Pro review

Started as a reasonable broker but slided subsequently downwa

Author: alimao .P. | 2014-12-22 | Forex section: MIG Investments SA review

Not stable platform. How come they are now still in the business if they can't improve their trading system?

Author: saumal | 2014-12-22 | Forex section: YoutradeFx review

You should be aware of this proker because of their unprofessional systems and services. Especially, I did not like their deposit and withdrawal system. I could deposit fast, but withdrawal is big problem. I have had to wait for long time and still have not got money back.

Special offers

Corsa Capital
11 types of options contracts
$100 welcome bonus for every customer
No spreads, no commissions, no swaps
InstaForex
Bonus 30% for every deposit
Leverage 1:1000
Prize fund 500 000 USD
AvaFX
Fixed spreads
Leverage 1:200
Withdraw instantly
US Dollar Index |Advantages of Forex market |Margin trading: what is it? |Risks Diversification |7 reasons to trade on Forex |Forex Market Work Schedule |Does Forex investment exist |How to choose a broker |What is the benefit of working on Forex? |Chose Forex |What is Forex? |