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
1 InstaForex InstaForex
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InstaForex{"start":"2008","country":"Russia","manage":"Regulated by Russian FFMS.","pay":"Moneybookers, wire transfer, credit cards, Liberty Reserve, WebMoney, e-Bullion, e-gold and RuPay","min_account":"$1","min_lot":"0.01","leverage":"from 1:1 to 1:1000","spreads":"3 pips on EUR/USD","text":"InstaForex is ECN-Broker, provided qualitative trading services on Forex market. Cooperation with the biggest market makers and huge Brokers-contractors complete with broad client base provide InstaForex with high liquidity and opportunity to provide really fast on-line service to its clients.
InstaForex Group is recognized as the best broker in Asia 2009 following the results of World Finance Award, the respectable reward in the world of financial markets, held by the World Finance magazine annually. One more established European magazine CNBC Business Magazine acknowledged InstaForex Group as the most dynamically developing Forex-broker in 2009. InstaForex Group was also recognized as the best Forex-broker according to the results of ShowFxWorld and ShowFxAsia exhibitions, which were held in Moscow and Kuala-Lumpur in 2009."}

Web-site:   InstaForex

76% 24% -
2 eToro eToro
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eToro{"start":"2007","country":"Cyprus","manage":"Registered member of NFA (ID: 0382918).","pay":"Moneybookers, WebMoney, bank wire, credit cards, PayPal and Neteller","min_account":"$50","min_lot":"0.1 lot","leverage":"1:100, 1:200 and 1:400","spreads":"2 pips on EUR/USD","text":"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 thatu2019s 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

32% 68% -
3 GFT GFT
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GFT{"start":"2001","country":"Australia","manage":"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.","pay":"Credit cards, eCheck, PayPal, bank wire and paper checks","min_account":"$250","min_lot":"0.1 lot","leverage":"from 1:100 to 1:400","spreads":"Variable (3 pips average) on EUR/USD","text":"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% -
4 GCI Financial GCI Financial
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GCI Financial{"start":"2002","country":"Belize","manage":"Registered by International Financial Services Commission of Belize.","pay":"Wire transfer, credit cards, PayPal, Moneybookers, WebMoney and check","min_account":"$2,000","min_lot":"0.1 lot","leverage":"up to 1:200","spreads":"3 pips on EUR/USD","text":"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 clientsu2019 funds are kept on segregated accounts and are insured; and the dealing experience of the company meets the highest requirements."}

Web-site:   GCI Financial

15% 85% -
5 FXDD FXDD
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FXDD{"start":"2002","country":"USA","manage":"None","pay":"WebMoney, wire transfer, checks, PayPal and BPS","min_account":"$500","min_lot":"0.01","leverage":"1:100 and 1:200","spreads":"2 pips on EUR/USD","text":"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

24% 76% -
6 Corsa Capital Corsa Capital
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Corsa Capital{"start":"2007","country":"Russia","manage":"Regulated by RAFFM.","pay":"WebMoney, Liberty Reserve, bank transfer and credit cards","min_account":"$1","min_lot":"0.01","leverage":"no","spreads":"no","text":"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

29% 71% -
7 Easy Forex Easy Forex
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Easy Forex{"start":"2001","country":"Cyprus","manage":"Registered with NFA (ID #0358754).","pay":"Credit cards, PayPal","min_account":"$200","min_lot":"0.025 lot","leverage":"1:100","spreads":"3 pips on EUR/USD", "text":"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

11% 89% -
8 FxCompany FxCompany
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FxCompany{"start":"2006","country":"Mauritius","manage":"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.","pay":"Wire transfer, WebMoney, Moneybookers and Liberty Reserve","min_account":"$100","min_lot":"0.1 lot","leverage":"from 1:1 to 1:500","spreads":"0.8 pip on EUR/USD","text":"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 servicesu2019 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{"start":"2007","country":"Cyprus","manage":"ASIC (Australia), CNVM (Romania), CySec (Cyprus) and Banco Central del Uruguay (Uruguay)","pay":"Wire transfer and credit cards","min_account":"$100","min_lot":"0.1","leverage":"up to 1:200","spreads":"3 pips on EUR/USD","text":"Bforex u2013 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

27% 73% -
10 xForex xForex
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xForex{"start":"2003","country":"Cyprus/Canada","manage":"Unregulated","pay":"Wire transfer and credit cards","min_account":"$100","min_lot":"0.05 lot","leverage":"up to 1:400","spreads":"3 pips on EUR/USD","text":"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 companyu2019s work are: professionalism, financial mobility and the trading network time rate."}

Web-site:   xForex

32% 68% -
11 Exto Capital Exto Capital
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Exto Capital{"start":"2007","country":"Switzerland","manage":"Regulated by OAR-G, Exto Financials SA is overseen by the Federal Department of Finance in Switzerland.","pay":"Wire transfer, PayPal, credit cards, Moneybookers and WebMoney","min_account":"$1,000","min_lot":"0.1 lot","leverage":"up to 1:400","spreads":"2 pips on EUR/USD","text":"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. u2013 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{"start":"2009","country":"Russia","manage":"Not regulated","pay":"wire transfer, WebMoney","min_account":"$100","min_lot":"0.01","leverage":"up to 1:500","spreads":"2 pips on EUR/USD","text":"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

30% 70% -
13 FBS Markets Inc. FBS Markets Inc.
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FBS Markets Inc.{"start":"2009","country":"Belize","manage":"IFSC","pay":"Bank wire transfer, Visa, Mastercard, FBS Deposit Card, Webmoney, Skrill, Perfect Money, FBS MasterCard, DIXIPAY, China Union Pay, Western Union, MoneyGram, Anelik, Contact, Qiwi","min_account":"$5","min_lot":"0.01","leverage":"from 1:1 to 1:1000","spreads":"from 1 pips on EUR/USD","text":"FBS u2013 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.

39% 61% -
14 Finexo Global Investments Ltd Finexo Global Investments Ltd
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Finexo Global Investments Ltd{"start":"2004","country":"Cyprus","manage":"BaFin - The Federal Financial Supervisory Authority (Germany), Cyprus Securities and Exchange Commission (ID: 092/08)","pay":"Moneybookers, wire transfer, credit cards, Liberty Reserve, WebMoney, e-Bullion, PayPal","min_account":"$100","min_lot":"0.1","leverage":"up to 1:200","spreads":"2 pips on EUR/USD","text":"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

29% 71% -
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Last comments

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Author: ConchitO 1967 | 2014-09-15 (10:00:00) | Forex section: Ava Financial Ltd review

I don't like their site, it's too basic and not intuitive. I can't find any methods to enhance my trading skills.

Author: Justin | 2014-04-10 (07:13:00) | Forex section: InstaForex review

InstaForex has a very informative website. Decent spreads and leverage. Excellent customer service. I was particularly happy with the variety of products they offered. Definitely a good site for people looking to go into a few different markets.

Author: Ultraman | 2014-04-10 (04:41:00) | Forex section: InstaForex review

Probably one of the most fastest growing broker, this one is very much popular among the traders due to its various features and most importantly user friendly interface. Most importantly, the support system is also great and they have nice commission for IB too which makes it even more powerful in this trading industry.

Author: 4Xpart | 2014-04-10 (01:33:00) | Forex section: InstaForex review

I use Instaforex since 2011 and so far it is the best broker, which I have ever seen. Fast execution, low spread and especially good support. I recommend everybody to test INSTA

Author: Sableng | 2014-04-10 (11:47:41) | Forex section: Oanda review

They can't solve a simple problem and it takes time to answer a simple question.

Author: TuFlaquitoO | 2014-04-10 (10:35:32) | Forex section: Admiral Markets review

Spreads are not tight as they claimed. Always increased when news came. They are Not for scalper.

Author: Kiarra | 2014-04-10 (10:29:49) | Forex section: InstaForex review

I only feel their kindness when I opened my first account with this broker. After that, their true colors out, they don't even responds me.

Author: forexselina | 2014-04-10 (07:00:06) | Forex section: Sigma Trend review

I'm not getting proper interest rates payment with this broker. I will close my account within this week.

Author: bucuk | 2014-04-10 (06:58:42) | Forex section: FXstart review

This is the 3rd day they have had a negative rolls on EUR/USD buy positions and not to mention the other major currencies.. I am really disappointed because all my hard earned money is being taken.

Author: aressi | 2014-04-10 (06:56:51) | Forex section: Manors Group Broker review

I don't really like their platform, it hangs, crashes during news trading, and even crashes when you log off and try to shut it down. Pathetic.

Author: marriot | 2014-04-10 (06:55:36) | Forex section: Forex-Market review

Always hang and difficult to get connection... can't enter or close position instantly.. Does anyone that using the same account having the same problem?

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Leverage 1:200
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