Best Islamic Trading Accounts
Compare the best Islamic trading accounts in Australia, including standalone Islamic accounts and others available without swap charges.
Brokers we recommend
- Min. deposit: $100
- Platforms: MT4, MT5, TradingView, cTrader, Copy trading
- Regulators: Australia, Cyprus (EU), Kenya, South Africa, St. Vincent & the Grenadines
Trade over 1,000 instruments on flexible leverage up to 1:500 with FPMarkets.com, an ECN broker with a 20-year track record. FP Markets accepts all trading styles on MT4/5, TradingView and cTrader.
- Min. deposit: $100
- Platforms: MT4, MT5, Copy trading
- Regulators: Australia, BVI, Cyprus (EU), Ireland, Israel, Japan, South Africa, UAE
AvaTrade.com is an award-winning online broker in business since 2006. Trade CFDs on all asset classes, from Forex to ETFs and bonds. Its service appeals to novice and experienced traders alike.
- Min. deposit: $100
- Platforms: MT4, MT5, cTrader, Copy trading
- Regulators: Bahamas, Cyprus (EU), South Africa, UK
FxPro.com is a global broker, winner of 120+ awards including 'Best CFD Broker' in 2025. Trade CFDs on over 2,000 instruments on the MetaTrader 4/5 or cTrader platforms. FxPro accepts all trading styles.
- Min. deposit: $0
- Platforms: MT4
- Regulators: Cyprus (EU), Union of Comoros
FXCC.com is a regulated offshore broker with low spreads and high leverage, up to 1:500. It supports all trading styles on the MetaTrader 4 platform.
- Min. deposit: $50
- Platforms: MT4, MT5, cTrader, Copy trading
- Regulators: Cyprus (EU), St. Vincent & the Grenadines
Trade CFDs on a wide range of markets on MetaTrader 4 and 5, with leverage up to 1:1,000 through LiteFinance.com. This broker accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your account's balance.
Comparison table
We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:
| FP Markets | AvaTrade | FxPro | FXCC | LiteFinance | |
|---|---|---|---|---|---|
| Overall | 4.8 | 4.7 | 4.6 | 4.0 | 3.9 |
| Markets | 5.0 | 5.0 | 4.1 | 4.0 | 4.0 |
| Trading environment | 4.9 | 4.2 | 4.9 | 4.2 | 4.4 |
| Deposits and withdrawals | 5.0 | 4.7 | 4.6 | 4.4 | 4.2 |
| Investor protection | 4.0 | 4.8 | 4.8 | 3.8 | 2.0 |
| Customer service | 5.0 | 5.0 | 4.7 | 3.8 | 4.7 |
| FP Markets | AvaTrade | FxPro | FXCC | LiteFinance | |
|---|---|---|---|---|---|
| Forex (CFD) | |||||
| Cryptos (CFD)* | |||||
| Stocks (CFD) | |||||
| Indices (CFD) | |||||
| Metals (CFD) | |||||
| Energy (CFD) | |||||
| Commodities (CFD) | |||||
| ETFs (CFD) | |||||
| Bonds (CFD) |
* Availability is subject to local laws and regulations.
| FP Markets | AvaTrade | FxPro | FXCC | LiteFinance | |
|---|---|---|---|---|---|
| MT4 | |||||
| MT5 | |||||
| cTrader | |||||
| Copy trading | |||||
| TradingView |
| FP Markets | AvaTrade | FxPro | FXCC | LiteFinance | |
|---|---|---|---|---|---|
| Bank transfer | |||||
| Credit card | |||||
| Debit card | |||||
| BTC (Bitcoin) | |||||
| NETELLER * | |||||
| Skrill * | |||||
| Broker to broker transfer | |||||
| USDT (Tether) |
* Availability is subject to local laws and regulations.
| FP Markets | AvaTrade | FxPro | FXCC | LiteFinance | |
|---|---|---|---|---|---|
| Australia | |||||
| BVI | |||||
| Bahamas | |||||
| Cyprus (EU) | |||||
| Ireland | |||||
| Israel | |||||
| Japan | |||||
| Kenya | |||||
| South Africa | |||||
| St. Vincent & the Grenadines | |||||
| UAE | |||||
| UK | |||||
| Union of Comoros |
We hope this article has helped narrow your options and we would encourage you to create either a live or a demo account with each of these brokers, to see what they have to offer. If not, here are a few things to look for when searching for a Shariah-compliant broker:
- No interest on overnight positions (also called swap fees).
- No time limit placed on positions kept open overnight.
- No fees charged on positions kept open overnight.
- No additional charges (e.g. administrative fees).
- No spread-widening for Islamic accounts.
Share this article:
About the author
I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers mentioned in this article. I started my career in investment banking in London as an FCA-approved person.