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.
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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.
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2
Using PlexyTrade's swap-free structure for Silver, Gold RAW, and Platinum accounts, FX positions were interest-free for up to 7 days. Raw spreads ranged from 0.7 pips (Silver) to 0.0 pips (Gold/Platinum), with commissions from $0 to $2-$4 per round turn per lot. Fees were transparent. While not explicitly avoiding Haram sectors, the swap-free terms and no overnight costs suggest potential for Sharia-compliant use with careful asset selection.
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3
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.
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4Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders.
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[Their transparent pricing and strict avoidance of Haram assets ensure compliance with Islamic principles],
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 | ✗ | ✗ | ✗ | |
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✓ | ✓ | $50 | 0.01 | 1:2000 | ✗ | ✗ | CFDs, Forex, Indices, Stocks, Commodities, Crypto | MT4, MT5 | USD, EUR | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $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 | ✓ | ✗ | |
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✓ | ✓ | $100 | $1 (Binaries), 0.01 Lots (Forex/CFD) | 1:200 | ✗ | FINMA, JFSA, FCMC | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | JForex, MT4, MT5 | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN | ✗ | ✗ | ✗ | |
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✓ | ✓ | 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 | ✗ | ✗ | |
| 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 |
|---|---|---|---|---|
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✗ | ✗ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| 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 |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS | ✗ | ||
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iOS & Android | ✗ | ||
| 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 |
|---|---|---|---|---|---|---|---|
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✓ | $100 | $10 | ✓ | ✗ | ||
|
✓ | $50 | 0.01 | ✗ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $100 | $1 (Binaries), 0.01 Lots (Forex/CFD) | ✗ | ✗ | ||
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✓ | Varies based on the payment system | 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 |
|---|---|---|---|---|---|---|---|---|
|
✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ | ✓ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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✗ | ✗ | ✓ | ✗ | ✗ | 1:200 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✓ | 1:Unlimited | ✓ | ✗ |
| 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% | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✓ |
| 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 |
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| 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 |
|---|---|---|---|---|---|---|
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✓ | $10 | $0 | ✗ | BTC 0.75% | |
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✗ | ✗ | 5 | 0.7 | 1.1 | |
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✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
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✗ | CHF 100 | 0.1 | 0.1 | 0.1 | |
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✗ | $0 | 0.5 (Apple Inc.) | 0.0 | Floating | |
| 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 2026 are in terms of number of clients.
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
- eToro USA Securities is a reliable broker that's regulated by the SEC, part of FINRA, and a member of SIPC.
- The low minimum deposit and simple account setup allow beginners to start trading quickly.
- The online broker provides a user-friendly social investment network for easy crypto trading replication.
Cons
- The exclusive terminal does not accommodate trading bots and lacks extra equity market analysis tools.
- Traders used to third-party charting tools won't find MetaTrader 4 platform integration.
- Average fees can reduce the profits of traders.
Why Trade With Plexytrade?
Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Pros
- Plexytrade supports various trading tactics such as quick buying and selling, risk management, and computer-based trading.
- Plexytrade, though unregulated, ensures trader safety by offering negative balance protection and maintaining segregated accounts for client funds.
- Different VPS packages start at $50 monthly, but they are free after reaching certain deposit amounts.
Cons
- The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
- Plexytrade, offering about 100 instruments, limits the options for traders interested in a variety of assets. This is particularly noticeable when compared to Blackbull, which has 26,000 securities.
- Plexytrade only accepts deposits and withdrawals through cryptocurrencies. It does not support bank cards, wire transfers, or e-wallets.
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 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.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
Cons
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- 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.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
Why Trade With Dukascopy?
Dukascopy is ideal for binary traders who want the reliability of a well-known brokerage regulated by FINMA in Switzerland, offering more legitimacy than most offshore firms. It is especially suitable for experienced traders interested in automating through chained option contracts.
Pros
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a broker and a bank, providing high-level financial security and compliance with strict standards.
- Dukascopy provides tight spreads starting at 0.1 pips, leverage up to 1:200 (based on jurisdiction), and volume-based commissions that benefit high-frequency traders.
- The proprietary JForex platform is advanced, offering tools for algorithmic trading, detailed charting, and access to deep liquidity for traders.
Cons
- Dukascopy's withdrawal fees are higher than most competitors we've tested, especially for bank wire transfers, which may discourage traders who need frequent fund access.
- JForex offers many features, but its complexity makes it less ideal for beginner traders who might prefer simpler platforms.
- Dukascopy offers educational resources and 24/7 support, but its complex platforms and tools require extensive testing and can overwhelm new traders.
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
- Execution speeds now average under 25ms, providing ideal conditions for short-term traders.
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
- Exness Terminal provides an easy experience for beginners with interactive charts, and creating watchlists is simple.
Cons
- 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.
- 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.
- Retail trading services are not available in some areas, including the US, UK, and EU, making them less accessible compared to leading brokers like Interactive Brokers.
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.