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: 2007
Country of origin: Russia
Regulation: CRFIN
Payment options: QIWI, Skrill, Visa, MasterCard, China Union Pay, Boleto, Payco, NETELLER, MegaTransfer, 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

90% 10% -
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

25% 75% -
City Index City Index
Read reviews
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
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

14% 86% -
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

20% 80% -
6 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

8% 92% -
7 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

65% 35% -
8 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% -
9 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

36% 64% -
10 GFC Markets GFC Markets
Read reviews
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

30% 70% -
11 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, 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% -

Last comments

Sort:

Author: muthu pulla | 2016-05-05 | Forex section: Bforex review

I was trading with Instaforex since 6 Years but i found instaforex good broker but in case of clients commission they cancel each and every time my commission by reasoning " cancel error affiliate" and without any reason they deduct thousands of dollars from my account. Now i left Instaforex and trading with Bforex and this is the best forex broker as compare to Instaforex.
I got good bonus and as they promised daily basis I am getting 60 dollar's really great

Author: KAREEM | 2016-05-05 | Forex section: Bforex review

this broker here is good. It is suitable for beginners that want to turn into professional traders if they want to. I could trust on this broker. Spreads are fixed in major currencies and up to now, I haven't seen requotes in its trading platform.

Author: Simon Fx | 2016-05-05 | Forex section: XeMarkets review

My trades closed every time they were up more then a few hundred pips. The spread means nothing. They will stop you out even if price is several pips plus spread away. I am moving my money away from them.

Author: Abdou | 2016-05-05 | Forex section: FXstart review

Very poor execution,service down constantly and the only good thing is their customer support, they are polite but how else they could behave if you have to contact them every since they have a plenty of problems to be solved! I would not recommend this broker.

Author: Fxlubomir | 2016-05-05 | Forex section: Fibo Group LTD review

I have problems with withdraws in this broker. Their withdraws are very slow and customer servis is falling asleep. Terrible.I don

Author: Fxalexander | 2016-05-05 | Forex section: Forex4you review

Trading platform is very slow and unstable, the execution very very slow and it is very difficult to trades with this broker.

Author: Kong | 2016-05-05 | Forex section: InstaForex review

sometime is perfect,and sometimes even can't connected(not news time),but the spread is very good on eur/usd,no one could beat it in forex industry.swaps are fair.

Author: Leandre | 2016-05-05 | Forex section: ForexMart review

At first I doubted their No Deposit Bonus offer but I got it and currently trading with ForexMart. Planning to withdraw my profit after met the withdrawal conditions.

Author: KingxKnows | 2016-05-05 | Forex section: AccentForex review

I had 6 months experience AccentForex broker. It is very nice and easy platform. But their I dont like their deposit and withdraw system. Expensive fee for even deposit. Many other brokers do not charge fee for deposit.

Author: Ezell | 2016-05-05 | Forex section: GFC Markets review

GFC Markets is popular in Asian, especially for its stability for servers and withdrawals. They have several servers to trade and I think you better check with their support team before making any comments as I am so sure that there is no problem from broker side because I am also live trader with them 1 year. In addition, it is one of the best market makers all over. GFC Markets is open as well I have followed several cases on their official forum and all were solved and also you can ask any question in their forum I am sure that they will answer you.

Author: Melissa | 2016-05-05 | Forex section: Dukascopy review

I am happy with Dukascopy. I like the automated trading but I wish they took PayPal. Much of my business is run through it so for my large volume trades it would be great if I didnt have to transfer the money out of PayPal to deposit it into Dukascopy.

Special offers

SuperForex
40% welcome bonus on each deposit
Deposit starts from $1
34 CFDs
InstaForex
Bonus 30% for every deposit
Leverage 1:1000
Prize fund 500 000 USD
ForexMart
Leverage from 1:1 to 1:1000
EU-regulated broker
Deposit starts from $1
US Dollar Index |Risks Diversification |7 reasons to trade on Forex |Forex Market Work Schedule |Does Forex investment exist |How to choose a broker |What is the benefit of working on Forex? |Chose Forex |What is Forex? |Advantages of Forex market |Margin trading: what is it? |Pipsing and scalping: what to choose? |Fundamental analysis: main idea and benefits |Macroeconomic indicators which every trader needs to know |
Leave an interesting review and get up to 2000$