Islamic (Swap-Free) Accounts
Compare brokers offering Sharia-compliant swap-free accounts — and see which are genuinely free versus which hide an administration fee after a few nights. Earn up to $10/lot cashback on any of them.
Comparison Table
| Broker | Truly Free? | Holding Limit | Admin Fee | Min Dep. | Rebate | |
|---|---|---|---|---|---|---|
Exness ★ 4.6 | Yes | Unlimited on most instruments | None on majors | $10 | Up to $10/lot | Open |
XM ★ 4.5 | Yes | No time limit | None | $5 | Up to $10/lot | Open |
FBS ★ 4.2 | Yes | No time limit | None on FX majors | $5 | Up to $10/lot | Open |
HFM ★ 4.3 | Yes | No time limit | None | $0 | Up to $10/lot | Open |
Pepperstone ★ 4.5 | Yes | Admin fee after a few nights | Flat per-lot after grace period | $200 | Up to $10/lot | Open |
IC Markets ★ 4.6 | Yes | Admin fee on extended holds | Per-lot after grace days | $200 | Up to $10/lot | Open |
FXTM ★ 4.3 | Yes | No time limit on majors | None on majors | $10 | Up to $10/lot | Open |
AvaTrade ★ 4.4 | Yes | Free first days, then fee | Daily admin fee after grace | $100 | Up to $10/lot | Open |
Tickmill ★ 4.4 | Yes | No time limit | None on majors | $100 | Up to $10/lot | Open |
Admirals ★ 4.2 | Yes | Admin fee on long holds | Per-position after grace | $100 | Up to $10/lot | Open |
Islamic Accounts — FAQ
An Islamic (swap-free) account is a trading account that does not apply the overnight interest (swap) normally charged on positions held from one day to the next, so that it aligns with the prohibition of riba in Islamic law. Opening one through RebateIX also earns you cashback of up to $10 per lot.
Trade Halal. Earn Cashback.
Open a genuinely swap-free account through RebateIX and earn up to $10/lot — Sharia-conscious trading with rebates on top.
Open Islamic AccountSwap-free terms, grace periods and administration fees change frequently and vary by region and instrument — always confirm current terms with the broker before trading. Whether forex trading is permissible under Sharia is a matter of scholarly interpretation; RebateIX provides information only and does not issue religious rulings. Trading carries a high risk of loss.