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Pipcompass

Brokers with swap-free (Islamic) accounts

Swap-free accounts don’t charge or pay overnight interest. Many brokers replace swaps with an admin fee after a set number of days or limit which instruments qualify, so read the conditions column.

Updated

17 of 25 brokers qualify. Criterion: a swap-free or Islamic account confirmed on the broker’s site.

Affiliate disclosure: links marked “Visit” go through our redirect and may earn us a commission from the broker. That never changes the data, the score or check results, which are computed by the same published method for every broker. Full disclosure.

  1. Regulators
    ASICCySECVFSC+1
    Min. deposit
    $0
    Raw comm. / side
    $2.25
    Stated conditions
    None stated
  2. 2Exness85.4/100
    Regulators
    CySECFCAFSCA+6
    Min. deposit
    $0
    Raw comm. / side
    $3.50
    Stated conditions
    Swap-free on most popular assets; T&Cs apply.
  3. 3Axi82.1/100
    Regulators
    ASICFMAFCA+2
    Min. deposit
    $100
    Raw comm. / side
    $2.25
    Stated conditions
    None stated
  4. 4Tickmill81.5/100
    Regulators
    FCACySECDFSA+2
    Min. deposit
    $100
    Raw comm. / side
    $3.00
    Stated conditions
    Islamic account listed.
  5. 5Vantage81.1/100
    Regulators
    ASICFSC (Mauritius)FSCA+1
    Min. deposit
    $50
    Raw comm. / side
    $3.00
    Stated conditions
    Swap-Free account type listed.
  6. 6XTB79.5/100
    Regulators
    KNFFCACNMV+2
    Min. deposit
    $0
    Raw comm. / side
    —
    Stated conditions
    Swap-free for specific periods and not all products.
  7. Regulators
    ASICCySECFSA (Seychelles)
    Min. deposit
    $200
    Raw comm. / side
    $3.50
    Stated conditions
    Swap Free account listed.
  8. 8XM73.1/100
    Regulators
    FSC (Mauritius)FSCACMA (Kenya)+2
    Min. deposit
    $5
    Raw comm. / side
    —
    Stated conditions
    "Islamic option as standard" on all accounts.
  9. 9FXTM72.5/100
    Regulators
    FSC (Mauritius)FSCASCA+1
    Min. deposit
    $30
    Raw comm. / side
    $3.50
    Stated conditions
    Rewards Plus, Rewards, Advantage.
  10. Regulators
    FSA (Seychelles)NZ FSPR
    Min. deposit
    —
    Raw comm. / side
    $3.00
    Stated conditions
    Select markets; admin fees may apply.
  11. 11PU Prime60.3/100
    Regulators
    FSC (Mauritius)FSA (Seychelles)FSA (SVG)
    Min. deposit
    $20
    Raw comm. / side
    $3.50
    Stated conditions
    Islamic option on Standard, Prime and Cent.
  12. 12FBS57.6/100
    Regulators
    FSC (Belize)
    Min. deposit
    $5
    Raw comm. / side
    —
    Stated conditions
    "Swap-free accounts available".
  13. Regulators
    FSC (Belize)
    Min. deposit
    —
    Raw comm. / side
    —
    Stated conditions
    None stated
  14. FP MarketsProvisional (limited data)
    Regulators
    ASICCySECFSCA+2
    Min. deposit
    —
    Raw comm. / side
    —
    Stated conditions
    Islamic account types listed.
  15. HFMProvisional (limited data)
    Regulators
    CySECFCAFSCA+3
    Min. deposit
    $0
    Raw comm. / side
    —
    Stated conditions
    InfinityX, Cent, Zero and Premium.
  16. AvaTradeProvisional (limited data)
    Regulators
    CBIASICJFSA+5
    Min. deposit
    $100
    Raw comm. / side
    —
    Stated conditions
    Islamic account; overnight fee may apply after five days.
  17. VT MarketsProvisional (limited data)
    Regulators
    FSC (Mauritius)FSCASCA
    Min. deposit
    —
    Raw comm. / side
    —
    Stated conditions
    Swap Free account listed.

Score out of 100, computed from the sourced fields only; see methodology. “Provisional (limited data)” means less than 90% of the score’s weight has verified data, so we show no number or rank for it. A dash means the broker’s site didn’t state the value. “Visit” links are not shown in countries where we don’t promote brokers.

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