Top Rated Islamic Forex Brokers Reviews - 2018

Not all brokers offer an Islamic Forex account but those that do open up trading to millions of Muslim investors. According to Islamic law, often referred to as Sharia law, Muslims are prohibited from earning interest on their giving. This law also applies to interest earned on any banking or investing. Many brokers offer these traders the possibility of trading Forex according to Sharia law by opening an Islamic Forex account where interest-free Forex trading is made available. This is also called a ‘No Riba Forex’ account.

The team at Daily Forex examined the top Muslim friendly Forex brokers and has compared them in an easy to read list where you can determine which Islamic Forex broker is the best one for you. Some brokers will agree to change a traditional Forex account into an Islamic Forex account quickly and easily and this one of the features we have noted in the listing below, in addition to the other important information about our recommend Islamic Forex brokers.

image Top Rated

Min. Deposit

$100


Bonus

None


Trading Platform

MetaTrader 4, Proprietary platform


Max. Leverage

1:300


Regulation

CySEC, ASIC, FSB

Excellent educational offerings

Min. Deposit

$200


Bonus

None


Trading Platform

Other, Web-based


Max. Leverage

1:30


Regulation

CySEC, FCA, ASIC

Best broker for social traders and crypto traders

Min. Deposit

$100


Bonus

Up To $5000


Trading Platform

MetaTrader 4, Web-based, Proprietary platform


Max. Leverage

1:400


Regulation

MiFID, Central Bank of Ireland, ASIC, FSC, BVIFSC

Highly regulated, choice of fixed or floating spreads

Min. Deposit

$300


Bonus

None


Trading Platform

MetaTrader 4, Web-based, Proprietary platform


Max. Leverage

1:50


Regulation

FCA, ASIC

No dealing desk execution + wide range of trading apps