Top 5 Forex Brokers Offering Islamic Accounts in 2025

Are you a Muslim trader who wants to start your trading journey and is seeking licensed and reputable forex brokers that offer swap-free (Islamic) accounts? Your search ends here. Checkout these 5 trusted brokers that offer swap-free (Islamic) accounts.

1. IC Markets- IC Markets is a reliable broker which offers swap free accounts . It is Regulated by Seychelles Financial Services Authority as a securities dealer under license number SD018. IC Markets Global offers Islamic accounts (also known as swap free accounts) for clients who cannot earn or pay interest due to their religious beliefs. The swap free option** is available on both our Raw Spread and Standard account types on the MetaTrader4, MetaTrader 5 and cTrader platforms. The minimum leverage 1:1000 Leverage

2 . Moneta Markets is licensed and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. Their license number is 47490. It offers Islamic (Swap-Free) accounts for traders who cannot receive or pay interest due to religious reasons. Instead of paying swap or rollover interest on overnight positions, a small daily administration fee is charged and deducted from the trading account balance.

3. Axi is registered in St Vincent and the Grenadines under registration number 25417 BC 2019. It is authorized by the Financial Services Authority (FSA) .Fo r traders of the Islamic faith, Axi offers a special swap-free account that allows trading without any interest charges, in line with Shariah principles.

4. Vantage Global Prime LLP is authorised and regulated by the Financial Conduct Authority (FCA) in the UK. Vantage offers swap-free trading accounts that are specially designed to exclude interest or swap charges on overnight positions, making them suitable for traders who follow Islamic principles.

5. Fusion Markets International Ltd is a registered Securities Dealer, regulated by the Financial Services Authority (FSA) of Seychelles under license number SD096. For Australian clients only, Fusion Markets operates under the name FMGP Trading Group Pty Ltd (ABN 74 146 086 017). It is regulated by the Australian Securities and Investments Commission (ASIC) and holds an Australian Financial Services Licence (AFSL No. 385620). It offers swap-free (Islamic) accounts with no minimum deposit requirement.

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