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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InstaForex

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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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
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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

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

13% 87% -
FXDD FXDD
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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

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

9% 91% -
8 FxCompany FxCompany
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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
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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

32% 68% -
10 xForex xForex
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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

36% 64% -
11 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% -
12 BFX BFX
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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

31% 69% -
13 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.

46% 54% -
14 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% -
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Last comments

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Author: Fabio H. | 2015-06-30 | Forex section: InstaForex review

I highly recommend insta forex! Brokers has exclusive, high-quality, and advanced trading services! All necessary for trading can be find in Insta: stable platform, financial information, analyses, convenient deposit and withdrawal means and a helpful and wise suppport service. Insta also has a solid reputation, so it is the right choice for every serious trader.

Author: Anny_fx | 2015-06-30 | Forex section: InstaForex review

I am very content to trade with this excellent broker. Of course, I've tried others but InstaForex offers better services and promotions. I could open my first trading account with just one dollar and progressively, I increased that amount. I practiced a lot in its demo account totally for free.

Author: sdfgdsfg | 2015-06-30 | Forex section: Bforex review

i am very much happy with bforex platform. Recently i have joined with bforex with 200$ and i have made a profit of 900$ in just 5 days . i Have successfully withdraw all my money . thanks to bforex

Author: 4gpuppy | 2015-06-30 | Forex section: IronFx review

I do not like to trade with IronFX because they did not offered as they had said before. Spread high, low service and their support should training again. The price feed is not real time. I get slippage as well from time to time.

Author: Pacheco | 2015-06-30 | Forex section: OctaFX review

The best and the great company and excellent support and a company registered and licensed in the high financial regulatory bodies. OctaFX offers from such prestigious company is an incentive for members

Author: tinamary | 2015-06-30 | Forex section: InstaForex review

This is a very professional broker and you can rely on it. InstaForex offers the most up-to-date technologies. Staff is very gentle, withdrawal is really fast and deposit means are very convenient. I am happy with my results and services provided by Insta!

Author: khar_TSu | 2015-06-29 | Forex section: InstaForex review

Their spreads are perfectly okay compared to the to other brokers.

Author: Alfian | 2015-06-29 | Forex section: HiWayFx review

Trades executed without delays and without requotes. easy registration - I was trading just 5 minutes after registering.

Author: Horok | 2015-06-29 | Forex section: InstaForex review

InstaForex have an amazing customer support whenever I have problems! Overall, Im satisfied with my broker InstaForex. The spread was the reason for me as well for choosing InstaForex. Their customer service is polite and willing to help. Sometimes I am using their platform to give a look in candle sticks and diagrams. It is great to trade with them.

Author: FarhishaJoy | 2015-06-29 | Forex section: IronFx review

I think this is not be a safe place to manage our deposits. High slippage, poor customer service and manipulation of trades, put up false trades and even spiking the market. Unstable trading platform as well.

Author: gazhzi | 2015-06-29 | Forex section: Saxo Bank review

Excellent customer service but the slippage made me decide to look for a better broker.

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
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