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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: Isco Maramos | 2022-06-23 | Forex section: ACFX
The platform of ACFX provided works with instant execution and real time quotes so in my every trading. I haven't faced any type of problem. Spreads stayed fixed, stops were not hunted. They provided good leverage: 1:1000 and make me got almost 45% profit in my every trading process. Besides, their always gives best execution that done very quickly and accurately. 2 days ago, I earned profit with $755 then I deposited $250 for trading. All process was sucessfully without delay. I'm so satisfied with ACFX.
Author: FxJullian | 2022-06-23 | Forex section: FinFX
I have had very bad trading experiences with FinFX broker. They have irrelevant analyses and also slow orders execution, which does not make much of a difference on long time frames, but on shorter ones, you can actually lose a lot of money. Their technical support also lacks knowledge about the market processes. FinFX is not a reliable broker, the worst part is they didn't set my withdrawal of $250 since 2 weeks. I think FinFX is scam.
Author: Busyuq | 2022-06-22 | Forex section: FXTM
FXTM broker is deserved to be called a reliable and recommended broker. I'm satisfied with their services, including the trading platform that they provide, also their excellent support team. I have a mini account, and I'm using the MT4 platform. The platform is working perfectly especially during a volatile market. The most favorite part is they have low-cost trading and they don't take a hidden commission. So I don't need to worry to trade with FXTM.
Author: Haijah | 2022-06-22 | Forex section: Hantec Markets
I don't recommend this broker to trade because I have bad experience trading with Hantec Markets. Last month I made a withdrawal of $300 when I made a profit of $420. I waited for 2 weeks without getting any money, so I checked again by calling their support. But in the end, they don't give me money, they blocked my account so I can't log in to the account. They are frauds.
Author: Kemukus | 2022-06-21 | Forex section: ZARFOREX
ZARFOREX is a recommended broker. They are handling clients nicely and professionally. I have been trading with them for more than 2 years, and I have never gotten into huge trouble since I joined them. I'm trading in main currencies such as EUR/USD, USD/GBP, and USD/JPY. I'm trading in a Standard account, and I got a lot of benefits. Their platform keeps working stable even on news time. Also, I like their average of 1.5 pips on EUR/USD. I used to withdraw my fund through bank transfers and never had a problem with that. I'm so pleased and satisfied to trade with ZARFOREX.
Author: Rossy | 2022-06-21 | Forex section: Binomo
I'm saying that Binomo has the worst customer support ever. I was trading with them, and suddenly the platform hung when I was about to put my order, and it takes a lot of time to be back. But I have no idea how. Once the platform back, I lost half of my deposit. I believe it's a kind of error and I thought they would refund my money because I did nothing. I have called customer support and told them my problem, but the disappointing answer is they told me that they are not responsible for my loss. I mean, at least give me a clear answer and tell me how it's happened. But they keep telling me that they are not responsible. I'm so guilty to join them, and they are true Irresponsible broker. I advise all traders who want to join them, better think twice. I would like to stay away rather than lose money.
Author: Reco | 2022-06-20 | Forex section: JustForex
It has been two years since I started trading with JustForex broker. I trusted them because I have not faced significant problems in the whole of my trading. Definitely, this broker is worth investing in because they provide quality services and they make the effort to remain transparent. The charts are always synced with the real market and they don't fool their clients by having hidden fees.
Author: Rustin | 2022-06-20 | Forex section: TradingBanks
TradingBanks support team is very rude and unprofessional. I trade mainly major pairs such as EUR/USD and USD/JPY. I find it difficult to trade because the platform has delays in execution for 5-10 seconds. I lost about $580 with this broker because of its super slow platform. I really thought that they would not leave their clients unattended. Apparently, I was wrong. So if you want to look for a broker for trading, please avoid these scammers.
Author: Justin | 2022-06-17 | Forex section: TurboForex
TurboForex is an authentic broker I have been trading with here since November. I tried with my paid EA on two live accounts both are on making a profit regularly. On the first account, I use Scalping EA and my $500 account was increased with to $621 within 82 trades. Another $300 account is also increased by $ 236 just in 57 trades. I already withdraw $ 400 from my 1st account via bitcoin they send it into my account within same days. I am satisfied withTurboForex.
Author: Justin | 2022-06-17 | Forex section: TurboForex
TurboForex is an authentic broker I have been trading with here since November. I tried with my paid EA on two live accounts both are on making a profit regularly. On the first account, I use Scalping EA and my $500 account was increased with to $621 within 82 trades. Another $300 account is also increased by $ 236 just in 57 trades. I already withdraw $ 400 from my 1st account via bitcoin they send it into my account within same days. I am satisfied withTurboForex.
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