Best Islamic Trading Accounts

Compare the best Islamic trading accounts in Indonesia, including standalone Islamic accounts and others available without swap charges.

By Stefan

Best brokers

  1. FP Markets Best Trade Execution - APAC...
  2. FXCC Best Forex Trading Account...
  3. OctaFX Best Global Broker Asia, 2022
  4. NordFX Best Crypto Trading Platform...
  5. Pepperstone Best Forex Broker Overall -...

Broker reviews

FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. Trade CFDs on over 1,000 stocks, indices, commodities and currency pairs through MetaTrader 4 or 5. FP Markets supports all trading styles and EAs.

  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, cTrader, Copy trading
  • Regulators: Australia, Cyprus (EU) , Saint Vincent and the Grenadines, South Africa

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

Trade CFDs across Forex, crypto, oil and indices with leverage up to 1:500. FXCC accepts all trading styles and Expert Advisors on MT4. There are no conflicts of interest, as FXCC.com doesn't trade against you.

  • Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4
  • Regulators: Cyprus (EU) , Nevis

$0
deposit

1:500
leverage ?

Market
execution

Trade without restrictions with OctaFX (OctaFX.com), an international broker headquartered in St. Vincent & The Grenadines. OctaFX supports all trading styles and EAs.

  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, Copy trading
  • Regulators: Cyprus (EU) , Saint Vincent and the Grenadines

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

NordFX (NordFX.com) is a fully offshore Forex broker serving traders worldwide since 2008. Trade with flexible leverage up to 1:1000 on MetaTrader 4.

  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, Copy trading
  • Regulators: Vanuatu

$100
deposit

1:1000
leverage

Market
execution

$10
deposit

1:1000
leverage

Instant
execution

$500
deposit

1:1000
leverage

Market
execution

Pepperstone (Pepperstone.com) is an award-winning broker regulated in 7 jurisdictions. Trade over 1,200 instruments on MetaTrader 4, 5, TradingView or cTrader. Pepperstone allows all trading styles, with no restrictions.

  • Risk warning: Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, cTrader
  • Regulators: Australia, Bahamas, Cyprus (EU) , Germany, Kenya, UAE , UK

$200
deposit

1:500
leverage

Market
execution

JustMarkets (formerly JustForex) is an offshore broker that allows you to trade over 170 instruments on low spreads, and high leverage up to 500 times your initial deposit. It accepts all trading styles on MetaTrader 4 and 5.

  • Risk warning: Margin trading in the financial markets is speculative and implies a high level of risk, including full loss of deposit.
  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, Copy trading
  • Regulators: Cyprus (EU) , Seychelles

$1
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

$1
deposit

1:500
leverage

Market
execution

LiteFinance (LiteFinance.com), formerly LiteForex, is a global ECN broker. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:1,000. LiteFinance accepts all EAs and trading styles, including scalping and news trading.

  • Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, Copy trading, Mirror trading
  • Regulators: Cyprus (EU) , Saint Vincent and the Grenadines

$50
deposit

1:1000
leverage

Market
execution

$50
deposit

1:1000
leverage

Market
execution

FxPro (FxPro.com) is a global broker, winner of 95+ awards including "Best FX Service Provider" in 2023. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all trading styles without restrictions.

  • Risk warning: 79.28% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, cTrader, Copy trading
  • Regulators: Bahamas, Cyprus (EU) , South Africa, UK

$100
deposit

1:200
leverage

Market
execution

$1000
deposit

1:200
leverage

Market
execution

$1000
deposit

1:200
leverage

Market
execution

Exness is a global offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage.

  • Risk warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital.
  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5
  • Regulators: BVI, Curaçao, Cyprus (EU) , Kenya, Mauritius, Seychelles, South Africa, UK

$100
deposit

1:500
leverage

Market
execution

$3000
deposit

1:500
leverage

Market
execution

$3000
deposit

1:500
leverage

Market
execution

$3000
deposit

1:500
leverage

Instant
execution

HYCM (HYCM.com), formerly HY Markets, is an award-winning regulated online broker. Trade over 300 instruments on fixed or variable spreads over MetaTrader 4 or 5.

  • Risk warning: 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5
  • Regulators: Cayman Islands, Cyprus (EU) , Saint Vincent and the Grenadines, UAE , UK

$100
deposit

1:500
leverage

Instant
execution

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Unbiased Reviews

Our reviews are unbiased and reflect our own experience of trading through these brokers.

At Your Service

Compare trading accounts and find the best one for you, based on your preferences.

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.

Featured Brokers

FXCC

ECN XL Account

Trade CFDs on 70+ currency pairs, crypto-currencies, commodities and indices with leverage up to 1:... More

  • $0 deposit
  • 1:500 leverage
  • 0 pips EUR/USD
  • Regulators: Cyprus (EU) , Nevis

FP Markets

Raw Account

Trade over 60 pairs of currencies as well as CFDs on crypto-currencies, shares, indices and ... More

  • $100 deposit
  • 1:500 leverage
  • 0.09 pips EUR/USD
  • Regulators: Australia, Cyprus (EU) , Saint Vincent and the Grenadines, South Africa

Exness

Pro Account

Trade CFDs on Forex, crypto-currencies, stocks, indices, metals and energies with dynamic leverage ... More

  • $3000 deposit
  • 1:500 leverage
  • 0.1 pips EUR/USD
  • Regulators: BVI, Curaçao, Cyprus (EU) , Kenya, Mauritius, Seychelles, South Africa, UK
Risk warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital.