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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: review and comparison

Name For Against Vote Comments
InstaForex 90% 10%
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City Index 48% 52%
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GCI Financial 15% 85%
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FXDD 22% 78%
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easyMarkets 9% 91%
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6 eToro 65% 35%
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7 Bforex 33% 67%
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8 xTrade 38% 62%
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9 GFC Markets 31% 69%
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10 FBS Markets Inc. 49% 51%
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11 IFC Markets 0% 100%
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12 ArgusFX 0% 100%
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13 Uniglobe Markets 0% 100%
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14 A-Conversio Capital Limited 0% 100%
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15 AAATrade 0% 100%
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Last comments

Author: Norman | 2024-03-14 | Forex section: TradingBanks
I am satisfied with TradingBanks. I can customize EAs that are working properly on their platform and I got a good result. I earned $355 in profits last month. Besides this, their spreads are low compared to other brokers, and order execution with the use of customizable default bounds minimizes slippages. In addition, TradingBanks processes withdrawals very fast. I would recommend TradingBanks to anyone.
Author: Tomes | 2024-03-13 | Forex section: JustForex
I have a wired experience with JustForex. I’ve found many issues on the MT4 platform, as my positions always execute delay and my deal slippage 10 to 50 pips. Even I can't stop or close my deals when hit the SL or TP points and I have lost almost $536. So I want to warn other traders about JustForex service and I will be left them immediately.
Author: Virginia | 2024-03-12 | Forex section: Binomo
I have traded with the binomo platform. They are providing instant order execution, various instruments and stable MT4 platform. Everything works fine as expected. I got a positive result with $350 profit. I have done many withdrawals, So I have recommended binomo.
Author: Blackwell | 2024-03-10 | Forex section: ZARFOREX
I can't trade with ZARFOREX platform. As all of my orders slippage and my desired position always going to opposite directions on the MT4 platform, which falls into losses. So I have passed the worst trading experience with them. Even I can't withdraw my profit too, As they canceled the $225 withdrawal request. So I am afraid about my investment with the ZARFOREX broker.
Author: DeloresLake | 2024-03-06 | Forex section: Hantec Markets
I was dealing with options with InstaForex. I opened more than fifty trades and my profit was up by 180%. I withdraw $400 through Bitcoin and they send it within 2 hours into my Binance account. I will stay with the InstaForex broker.
Author: Joseph | 2024-03-05 | Forex section: FXTM
FXTM is not a good broker for investing. Here traders can not make money, because they always go against their clients. Their everything is fake and their service is worse too. So I do not recommend FXTM.
Author: Ronald | 2024-03-04 | Forex section: FinFX
I've found a better result on the FinFX's platforms, As it is built-in with many analytical tools, indicators, EA and I can customize these programs. While their payment service is satisfying through the Neteller and till now I didn't get any technical problem yet. So I recomande FinFX broker.
Author: Peterson | 2024-02-29 | Forex section: ACFX
I can't deal with ACFX, As I love scalping trade and It is impossible due to fake prices on their platform, also they have a huge spread in the market. I want to withdraw $250, but they hold my account. So I feel they are ACFX awful broker, be careful!
Author: Virginia | 2024-02-27 | Forex section: XeMarkets
I like to invested with XeMarkets Broker. till now I've experienced better execution and service and I am able to manage earn $1K so far. Their payment service is reliable and safe for dealing in the forex market.
Author: Vaught | 2024-02-25 | Forex section: VTB24
VTB24 is unreliable for investing in the market. I have experienced that they have the worst platform, As my trade did not execute and positions always slippage. Recently I opened an order, which was 8-9 piups from my position and I found their quote showing low but a few times later goes current price also spread continuously changed. I say, VTB24 is a dishonest broker.
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