Top Islamic Forex Broker Accounts

Islamic account have swap-free so are suitable for Muslim traders who observe sharia law


Markets.com
FP Markets
Pepperstone
Plus500
ThinkMarkets
Our Rating
8.17
8
9.17
5.83
7.67
Negative Balance Protection
FP Markets don't provide % of clients who lose money
78.2% of retail investor accounts lose money when trading spread bets and CFDs with this provider
72% of retail CFD accounts lose money
75.5% of retail investor accounts lose money when trading CFDs

Regulations and Licenses

Feature
Markets.com
FP Markets
Pepperstone
Plus500
ThinkMarkets
FCA (UK)

Brokerage

Feature
Markets.com
FP Markets
Pepperstone
Plus500
ThinkMarkets
EUR/USD Avg. Raw Spread
0.01
0.09
0.1
GBP/USD Avg. Raw Spread
0.2
0.38
N/A
AUD/USD Avg. Raw Spread
0.2
0.17
N/A
EUR/USD Standard Spread
0.60
1.2
0.69
0.8
1.2
EUR/USD Fixed Spreads
N/A
Commissions (USD Base)
USD $3.00
AUD/USD$3.50
£2.50 per side
Commission Rebates
Minimum Deposit
$250
$100
AUD/USD $200
100
£0
Swap Free Account
No Inactivity Fees
Funding Methods
6
8
16
3
6
No Funding Fees

Markets and Instruments

Feature
Markets.com
FP Markets
Pepperstone
Plus500
ThinkMarkets
Currency Pairs
67
61+
66+
60+
38+
Cryptocurrency CFDs
25
5+
12
14+
5+
Index CFDs
40
14+
14+
67+
21+
Share CFDs
3312
12,986+
300+
1816+
1200+
Commodities CFD
28
4+
4+
17+
10+
Stockbroking
Retail Max. Leverage
30:1 (UK/Europe/Australia)
300:1 (Other)
30:1 ASIC
30:1 Europe
500:1 International
30:1 (FCA/ASIC/BaFIN)
50:1 (DFSA)
200:1 (Other)
30:1
30:1
Professional Leverage
300:1
500:1
500:1
300:1
500:1

Trading Platforms + Tools

Feature
Markets.com
FP Markets
Pepperstone
Plus500
ThinkMarkets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(Aust/Europe only)
(Aust/Europe only)
(Aust/Europe only)
Demo Account
Unique Feature 1
Unique Trading Tools
Fastest Limit Order Execution Speed
Smart Trader Tools
Trade cannabis index and share CFDs
Guaranteed Negative Protection
Unique Feature 2
Share Dealing
Low spreads
Fast Execution Speed
Guaranteed stop loss trading option
Uptime record of 99.99%

Overall