Best Halal Brokers With Islamic Accounts 2026
We list top rated halal brokers with true Islamic trading accounts, based on in-depth tests, providing Sharia-compliant trading platforms with no riba or hidden fees for Muslims.
-
1
In our tests, eToro USA did not provide specific Halal or swap-free accounts. However, its commission-free model and access to real assets like stocks and ETFs somewhat align with Sharia principles. Its broad access to Halal sectors and active trader community, including Muslim traders, make it appealing.
-
2
FOREX.com's Islamic account did not charge overnight interest on trades. It excelled in our tests for safety, with a stock exchange listing and strong regulatory credentials. Its market research tools were also effective for finding and analyzing trades in halal sectors.
-
3
[Their transparent pricing and strict avoidance of Haram assets ensure compliance with Islamic principles],
-
4
In our tests, IC Markets’ Halal trading accounts offered swap-free conditions with tight spreads averaging 0.6 pips per lot and no commissions. Their clear fee structure and exclusion of Haram investments provide an ethical, Sharia-compliant environment, ideal for Muslim traders looking for low-cost, straightforward trading aligned with real economic activity.
-
5
In our evaluation of RoboForex’s Halal trading accounts, we found they provide swap-free options with clear fees and competitive spreads averaging 1.2 pips per lot. Their focus on ethical trading and avoiding Haram investments builds a reliable environment for Muslim traders looking for Sharia-compliant and affordable solutions.
Best Halal Brokers Comparison
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 |
✓ | ✓ | $100 | $10 | ✗ | ✓ | SEC, FINRA | Stocks, Options, ETFs, Crypto | eToro Trading Platform & CopyTrader | USD | ✗ | ✗ | ✗ | |
 |
✓ | ✓ | $100 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Stock CFDs, Futures, Futures OptionsForex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto | WebTrader, Mobile, MT4, MT5, TradingView | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
 |
✓ | ✓ | Varies based on the payment system | 0.01 Lots | 1:Unlimited | ✓ | FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC | CFDs on Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
 |
✓ | ✓ | $200 | 0.01 Lots | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ✓ | ASIC, CySEC, CMA, FSA | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | ✗ | ✗ | |
 |
✓ | ✓ | $10 | 0.01 Lots | 1:2000 | ✓ | IFSC | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | R StocksTrader, MT4, MT5, TradingView | USD, EUR | Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✗ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Halal Brokers With Islamic Accounts 2026 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
|
✗ | ✗ | ✓ | |
|
✗ | ✓ | ✗ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Halal Brokers With Islamic Accounts 2026.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android, R StocksTrader | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Halal Brokers With Islamic Accounts 2026 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
|
✓ | $100 | $10 | ✓ | ✗ | ||
|
✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
|
✓ | Varies based on the payment system | 0.01 Lots | ✗ | ✗ | ||
|
✓ | $200 | 0.01 Lots | ✗ | ✗ | ||
|
✓ | $10 | 0.01 Lots | ✗ | ✓ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Halal Brokers With Islamic Accounts 2026 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
|
✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ | ✓ |
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✓ | 1:Unlimited | ✓ | ✗ |
|
Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | ✓ | ✗ | ✗ | ✗ | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ✓ | ✗ |
|
Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Halal Brokers With Islamic Accounts 2026.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | USD: 4.9% | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✓ |
|
✓ | ✗ | ✓ | ✗ | ✓ | ✓ | ✓ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✓ | ✗ | ✓ | ✓ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Halal Brokers With Islamic Accounts 2026 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
|---|---|---|---|---|---|---|---|---|---|
|
|||||||||
|
|||||||||
|
|||||||||
|
|||||||||
|
|||||||||
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Halal Brokers With Islamic Accounts 2026.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
|
✓ | $10 | $0 | ✗ | BTC 0.75% | |
|
✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
|
✗ | $0 | 0.5 (Apple Inc.) | 0.0 | Floating | |
|
✗ | $0 | 0.02 | 0.02 | BTC 42.036 | |
|
✗ | $0 | 0.01 | 0.1 | Variable | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Halal Brokers With Islamic Accounts [year] are in terms of number of clients.
| Broker | Popularity |
|---|---|
| eToro USA |
|
| Exness |
|
| RoboForex |
|
| FOREX.com |
|
| IC Markets |
|
Why Trade With eToro USA?
eToro is a top choice for traders due to its top-notch social investing and copy trading services. The broker caters well to new traders with its low deposit requirement, commission-free trading, and user-friendly platform.
Pros
- The broker's Academy provides extensive educational resources for traders, ranging from beginners to advanced levels.
- The online broker provides a user-friendly social investment network for easy crypto trading replication.
- Traders can use Smart Portfolios for a simpler approach, covering multiple sectors and markets like renewable energy and artificial intelligence.
Cons
- Traders used to third-party charting tools won't find MetaTrader 4 platform integration.
- There are fewer trading options available, including only stocks, ETFs, and cryptos, compared to competitors.
- Average fees can reduce the profits of traders.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
Cons
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Exness Terminal provides an easy experience for beginners with interactive charts, and creating watchlists is simple.
- Execution speeds now average under 25ms, providing ideal conditions for short-term traders.
- Wide variety of account types for all experience levels, including Cent, Pro, and the new Raw Spread, ideal for traders.
Cons
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- MetaTrader 4 and 5 are supported, but TradingView and cTrader are not available yet, despite increasing demand from traders and their integration with other platforms like Pepperstone.
Why Trade With IC Markets?
IC Markets provides excellent prices, quick execution, and smooth deposits. The utilization of sophisticated charting platforms such as TradingView and the Raw Trader Plus account makes it a preferred choice for intermediate to advanced traders.
Pros
- IC Markets provides some of the smallest spreads in the industry, offering 0.0-pip spreads on major currency pairs. This makes trading particularly cost-efficient for traders.
- IC Markets provides fast and reliable 24/5 support for account and funding issues.
- IC Markets, a well-regulated and respected broker, emphasizes client security and transparency for a trustworthy global trading experience.
Cons
- Some withdrawal methods require fees such as a $20 wire charge. This can reduce profits, particularly for traders who withdraw frequently.
- Interest is not earned on unused funds, a feature commonly available at other platforms such as Interactive Brokers.
- The range and quality of educational materials, such as tutorials and webinars, require improvement. This lag falls behind competitors like CMC Markets and reduces its suitability for novice traders.
Why Trade With RoboForex?
RoboForex offers a broad selection of over 12,000 trading markets along with ECN accounts, impressive charting, and loyalty incentives. It is also advantageous for stock traders due to its intuitive R StocksTrader platform, which provides access to over 3,000 shares, lower fees starting at $0.01, and advanced watchlists.
Pros
- The broker provides two free withdrawals each month in the Free Funds Withdrawal program, assisting traders in reducing transaction expenses.
- RoboForex offers tight spreads starting at 0 pips and low minimum deposits from $10, making it affordable. Trading with micro lots additionally reduces entry barriers for new traders.
- The R Stocks Trader platform competes with top platforms like MT4, offering netting and hedging abilities, thorough backtesting, Level II pricing, and a versatile workspace.
Cons
- RoboForex now only allows USD and EUR as base currencies. This could lead to conversion fees and inconvenience for traders who prefer managing their accounts in other currencies.
- RoboForex, with more than 15 years in the industry, is authorized by the IFSC in Belize, a 'Red-Tier' regulator. This authorization provides a lower level of regulatory protection for traders.
- RoboForex provides fair spreads, but some of its account types have high trading commissions up to $20 per lot, which are more expensive compared to more affordable brokers like IC Markets.
Filters
How We Chose the Top Islamic Brokers
To identify the top brokers offering Halal trading accounts, we ranked brokers by an overall rating that blends over 200 data points per provider, alongside qualitative findings from hands-on tests performed by our experts.
We assessed each broker’s adherence to Islamic finance principles, notably through Halal accounts that provide swap-free trading conditions.
We also examined platform features, fee structures, regulatory oversight, and overall usability to ensure traders can align their investment activities with Islamic values while maintaining competitive and transparent trading conditions.
How To Select a Top Broker With a Halal Account
We’ve spent years analyzing the best trading accounts, and with Islamic trading accounts in particular, it’s crucial to ensure that their services comply with Sharia law while also providing fair and transparent trading conditions. Here are key factors to consider:
Swap-Free Trading
Swap fees, charged for holding positions overnight, are standard in conventional accounts but are not permissible in Islamic finance.
An Islamic trading account must be swap-free, meaning it does not incur interest-based rollover fees.
However, we’ve found some brokers may introduce alternative charges, so verify their fee structures carefully. Potential additional costs include:
- Higher trading commissions to compensate for lost swap fees
- Wider bid-ask spreads
- Fixed fees applied at rollover times
Pro tip: Read the broker’s terms and conditions to confirm there are no hidden fees disguised as replacements for swap charges.
Pepperstone is a great pick here, making it crystal clear that it provides swap-free trading conditions.
Pepperstone offers a swap-free account designed for Muslim traders
Regulatory Compliance
To ensure legitimacy and adherence to Islamic financial principles, choose brokers regulated by trusted financial authorities such as:
- Securities and Exchange Commission (SEC) – US
- Financial Conduct Authority (FCA) – UK
- Australian Securities and Investments Commission (ASIC) – Australia
- Securities Commission Malaysia (SC) – for Islamic capital markets
Some Islamic brokers even work under the guidance of Shariah boards consisting of Islamic scholars who oversee compliance with Shariah governance standards.
FOREX.com is the most trusted Halal broker from our tests, with authorization from eight top-tier regulators, a long history, and the confidence of our team.
Sharia-Compliant Trading Instruments
Islamic trading accounts must ensure that the underlying assets are permissible (Halal) under Sharia law. Prohibited industries include:
- Alcohol
- Pork-related products
- Tobacco
- Gambling
- Conventional financial services (e.g., interest-based banks, insurance companies)
- Weapons and arms trading
Make sure your broker provides access to a range of Halal investment options, such as commodities, forex, and Sharia-compliant stocks.
Within its vast suite of 12,000+ instruments, CMC Markets provides many Halal trading instruments, from soft and hard commodities to currencies and equities from permissible industries.
Transparency in Fees and Charges
A reliable Islamic broker should be transparent about all fees.
Check the broker’s website, particularly the fees section, to confirm that there are no hidden charges or indirect costs that contradict Islamic values.
Watch out for unexplained service fees or commissions that might replace swap charges in a non-compliant way – we’ve seen these at some providers.
IC Markets is one of the lowest-cost Halal brokers we’ve evaluated, with transparent costs for Islamic traders, featuring zero swaps for forex, metals and indices excluding exotic pairs (a small financing charge applies overnight).
Customer Support and Islamic Finance Knowledge
A reputable broker should have knowledgeable customer support teams that understand the nuances of Islamic finance. This ensures they can answer questions related to Halal trading practices.
Additionally, some brokers implement stricter account verification procedures to ensure compliance with Islamic principles, though often a straightforward form that takes a few minutes to fill out is all that’s required.
FXCC impressed during tests of its customer support with fast responses via live chat within two minutes and staff able to answer our questions about Islamic trading conditions.
Trading Platforms and Tools
Most brokers offering Islamic accounts provide access to industry-standard trading platforms like:
- MetaTrader 4 (MT4): Offers Arabic language support and user-friendly features.
- MetaTrader 5 (MT5): Advanced trading tools such as backtesting and automated trading.
- cTrader: First-rate technical analysis features and copy trading capabilities.
- TradingView: Slick, intuitive design with a vast global user base of 50+ million traders, including many Muslim investors.
These platforms should include standard technical indicators, trading tools, and various order types without compromising Islamic compliance.
After expanding its suite of trading tools over the years, Fusion Markets now offers one of the most comprehensive selections of trading software, including MT4, MT5, cTrader and TradingView.
FAQ
Is Trading Halal or Haram?
It depends who you ask. The topic has been hotly debated by Islamic scholars.
Some argue trading can be halal if you use a broker that provides a specialized account that does not accumulate interest or let you invest in prohibited industries, such as tobacco.
Others disagree. If you are unsure, do your own research and consult your local religious leader.