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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.

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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: Hagerman | 2023-11-22 | Forex section: EXNESS
Exness are SCAM broker and I have come out with my $800 investment. Everything has worked fine but I got a fake price and their order’s execution is not connected with the live market, it's like a demo account. As I am a scalper. and I always deal a live market with a tight spread. I got a huge difference from Tradingview.
Author: Rubin | 2023-11-14 | Forex section: xTrade
xTrade's platform is awesome. my orders are always executed instantly in a live price quote. Also, I've found a clear graphical chart too. I am pleased to use a number of tools, technical indicators, or an expert advisor in the platform. xTrade gives a professional service and a secure transaction in the risky market!
Author: Higbee | 2023-11-13 | Forex section: TenkoFX
TenkoFX gave me the worst service, so I am disappointed and want to close my account. As they have the highest spread and slow execution on their platform. As I can't deal in the market, I have lost $ 350 so far, Now I have a withdrawal request almost two weeks passed. When I have asked them about any issue they just ignore it. I say TenkoFX are unreliable and awful broker.
Author: Colbert | 2023-11-12 | Forex section: FXArena
As a scalper, I am comfortable with FxArena and they gave me many facilities on the MT4 platform, which t is profitable for my FX trading. I do not waste my time and they have a very speedy execution, with No off quotes and re-quotes. Withdrawals are also swift, so that's a good point. I have made many withdrawals through Skrill all of them come to my Skrill wallet within a day. overall FxArena is a good broker.
Author: Gabriel | 2023-11-07 | Forex section: Forex Club
I have had many worst experiences with Forex Club in these 5 months of trading experience with them. I tried to top up my account through Bitcoin but they did not process it. I noticed their price is fake and the spreads are extremely high compared to other brokers. I do not recommend it!
Author: Gunnels | 2023-11-05 | Forex section: SuperForex
I am really glad to deal with the SuperForex broker. Very good support, quick account opening process, online chat response to questions is excellent. Their market analisys is very helpful, they give me it free for live trading. I would recommend SuperForex to any trader who wants a professional trading solution.
Author: Esperanza | 2023-11-02 | Forex section: ForexMart
I am preferring the fastest execution, live price quote and fixed spread broker, which helps me established a scalping strategy in the risky market. Forexmart given all of my conditions with their ultra-modern professional service. As a day trader, their advanced trading tools or analytical indicators and fastest execution are awesome. To me, $2K and I can withdraw money instantly. As I am satisfied with ForexМart broker.
Author: Lachance | 2023-10-30 | Forex section: InstaForex
I have liked to trade with InstaForex brokers for the last three years, I can trade with a live web trader platform, which is really interactive and trouble-free to use. Execution is fixed, so my scalping strategy is 80% profitable with them. My first deposit was $1K and made a $672 profit. Then I made a withdrawal request for $830 and the payment was made after 3 hours through Skrill. I will advise to beginer for use the Instatrader platform as a professional dealing.
Author: JasonDimattia | 2023-10-29 | Forex section: Bforex
Bforex has a difficult platform in the forex market, I can’t deal on the MT4 platform, As my orders always slippage 10 to 40 pips and I got fake price quotes, which differ from others. Bforex broker makes me confused to trade in the market.
Author: Campos | 2023-10-26 | Forex section: Dealing City
I have been trading with Dealing City, I really like their service They have all kinds of trading instruments. I also like their spread and live price feed. Besides Dealing City has a rich website for analysis. They have good customer support too.
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