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Rankings updated October 2026

Best Halal Brokers With Islamic Accounts 2026

Our expert team has thoroughly reviewed every broker claiming to offer Islamic trading accounts in 2026. Below, we present our findings and rankings of the top Halal brokers in the market.

Top 6 Halal Brokers 2026

We've personally tested 143 brokers and these are the 6 best Islamic brokers and accounts in Tunisia:

Tested with a live trading account Accepts traders from Tunisia Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in Tunisia
    • Demo account
    • Platforms: MT4, MT5, TradingCentral
    • Min. deposit: $5
    • Demo account
    • Min. deposit: $100
    • Min. trade: 0.01 Lots
    • Demo account
    • Regulator: FSC
    • Platforms: R StocksTrader, MT4, MT5, TradingView
    • Demo account
    • Regulator: ASIC, CySEC, FSA, SCB, CMA-Kenya
    • Min. deposit: $200
    • Demo account
    • Regulator: FCA, ASIC, CySEC, FSC, SCB, FSA
    • Platforms: MT4, MT5, TradingView, TradeLocker
    71.28% of retail traders lose money when trading CFDs
    • Demo account
    • Regulator: ASIC, VFSC, FSA
    • Platforms: MT4, MT5, cTrader, TradingView, DupliTrade

Learn how we test brokers and why you can trust our ratings.

Why Are These the Best Brokers for Islamic Traders?

Here is a short summary of why we think these are the best brokers with Halal accounts:

  1. XM is the best Halal broker in Tunisia in 2026 4.8/5 During our tests, XM’s Halal accounts featured swap-free trading with transparent fees, no commissions, and spreads averaging about 1.0 pip per lot. Their focus on excluding Haram investments and promoting ethical trading practices offers Muslim traders a compliant, cost-effective platform aligned with Sharia principles and real economic activity.
  2. AvaTrade 4.9/5 During our tests, AvaTrade’s Halal trading accounts offered zero swaps and no hidden commissions, with transparent spreads averaging around 0.9 pips per lot. The broker emphasizes ethical, real economic activity by avoiding Haram investments, making it a strong choice for traders seeking Sharia-compliant, straightforward, and cost-effective trading conditions.
  3. RoboForex 4.5/5 When we evaluated RoboForex’s Halal trading setup, they offered swap-free trading with transparent fee structures and competitive spreads averaging around 1.2 pips per lot. Their commitment to avoiding Haram investments and emphasizing ethical trading creates a trustworthy environment for Muslim traders seeking Sharia-compliant, cost-effective solutions. In 2026 RoboForex went further by making swap-free trading universal for all clients with no additional spreads or fees.
  4. IC 4.8/5 In our tests, IC’s Halal trading accounts offered swap-free conditions with tight spreads averaging 0.6 pips per lot and no commissions. Their transparent fee structure and commitment to excluding Haram investments create an ethical, Sharia-compliant environment, ideal for Muslim traders seeking low-cost, straightforward trading aligned with real economic activity.
  5. Eightcap 4.6/5 When we tried Eightcap’s Halal accounts, they offered swap-free trading with competitive spreads averaging 1.0 pip per lot and no commission fees. Their clear, transparent pricing and exclusion of Haram assets ensure compliance with Islamic principles, providing a trustworthy, ethical trading environment for investors focused on real economic activity.
  6. Fusion Markets 4.6/5 During our tests, Fusion Markets’ Halal trading accounts featured swap-free options with low spreads averaging 0.8 pips per lot and zero commissions. Their transparent fees and strict avoidance of Haram investments support ethical, Sharia-compliant trading, delivering a cost-effective and trustworthy platform for Muslim traders focused on real economic value.

Compare the Best Brokers With Halal Accounts on Key Attributes

Find the right Islamic trading provider for your needs based on our comparison of key features:

Compare the Best Brokers With Halal Accounts on Key Attributes
BrokerSwap-Free AccountInstrumentsRegulators
XM ✔YesCFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, EnergiesCySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
AvaTrade ✔YesCFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, FuturesASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
RoboForex ✔YesCFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, CryptoFSC
IC ✔YesCFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, CryptoASIC, CySEC, FSA, SCB, CMA-Kenya
Eightcap ✔YesCFDs in Forex, Stocks, Indices, Commodities, CryptoFCA, ASIC, CySEC, FSC, SCB, FSA
Fusion Markets ✔YesCFDs, Forex, Stocks, Indices, Commodities, CryptoASIC, VFSC, FSA

How Safe Are These Islamic-Friendly Brokers?

How reliable are the top Halal account brokers and how do they protect your capital?

How Safe Are These Islamic-Friendly Brokers?
BrokerTrust RatingGuaranteed Stop LossNegative Balance ProtectionSegregated Accounts
XM 4.5 / 5✘No✔Yes✔Yes
AvaTrade 4.5 / 5✘No✔Yes✔Yes
RoboForex 3.3 / 5✘No✔Yes✔Yes
IC 4.6 / 5✘No✔Yes✔Yes
Eightcap 4.3 / 5✘No✔Yes✔Yes
Fusion Markets 4.1 / 5✘No✔Yes✔Yes

Compare Mobile Halal Trading

Are these brokers good for Islamic mobile traders?

Compare Mobile Halal Trading
BrokerMobile AppsiOS RatingAndroid RatingSmart Watch App
XM iOS, Android & Windows4.7 / 53.9 / 5✘No
AvaTrade iOS & Android4.3 / 54.0 / 5✘No
RoboForex iOS & Android, R StocksTrader, Telegram Mini App4.7 / 54.4 / 5✘No
IC iOS & Android3.1 / 54.2 / 5✘No
Eightcap iOS & Android4.8 / 54.4 / 5✘No
Fusion Markets iOS & Android4.8 / 54.4 / 5✘No

Are the Top Halal Brokers Good for Beginners?

Beginners should use Muslim-friendly brokers that allow trading with paper money and provide other features:

Are the Top Halal Brokers Good for Beginners?
BrokerDemo AccountMinimum DepositMinimum TradeEducation RatingSupport Rating
XM ✔Yes$50.01 Lots4.8 / 54.9 / 5
AvaTrade ✔Yes$1000.01 Lots4.5 / 54.3 / 5
RoboForex ✔Yes$100.01 Lots4.1 / 54.6 / 5
IC ✔Yes$2000.01 Lots3.5 / 54.5 / 5
Eightcap ✔Yes$1000.01 Lots3.5 / 54.0 / 5
Fusion Markets ✔Yes$00.01 Lots3.0 / 54.5 / 5

Are the Top Halal Brokers Good for Advanced Traders?

Seasoned traders should look for powerful tools to upgrade the Islamic trading environment:

Are the Top Halal Brokers Good for Advanced Traders?
BrokerAutomated TradingVPSAIPro AccountLeverageLow LatencyExtended Hours
XM Expert Advisors (EAs) on MetaTrader✔Yes✔Yes✘No1:1000✔Yes✘No
AvaTrade Expert Advisors (EAs) on MetaTrader✘No✔Yes✔Yes1:30 (Retail) 1:400 (Pro)✔Yes✘No
RoboForex Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader✔Yes✘No✘No1:2000✘No✘No
IC Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade✔Yes✘No✘No1:5000✔Yes✘No
Eightcap Expert Advisors (EAs) on MetaTrader✔Yes✘No✘No1:500✔Yes✘No
Fusion Markets Expert Advisors (EAs) on MetaTrader, cBots on cTrader✔Yes✘No✘No1:500✔Yes✘No

Compare the Ratings of Our Top Brokers For Islamic Traders

See how our top brokers for Islamic traders score in every core category based on our latest tests:

Compare the Ratings of Our Top Brokers For Islamic Traders
BrokerTrustPlatformsAssetsMobileFeesAccountsResearchEducationSupport
XM 4.5 / 54.8 / 54.5 / 54.3 / 54.0 / 54.5 / 54.3 / 54.8 / 54.9 / 5
AvaTrade 4.5 / 54.3 / 54.5 / 54.2 / 53.8 / 54.3 / 54.3 / 54.5 / 54.3 / 5
RoboForex 3.3 / 54.2 / 54.0 / 54.6 / 53.8 / 54.3 / 54.4 / 54.1 / 54.6 / 5
IC 4.6 / 54.0 / 54.1 / 53.7 / 54.6 / 54.0 / 54.0 / 53.5 / 54.5 / 5
Eightcap 4.3 / 54.3 / 53.6 / 54.6 / 53.8 / 54.0 / 53.5 / 53.5 / 54.0 / 5
Fusion Markets 4.1 / 54.0 / 53.5 / 54.6 / 54.4 / 54.2 / 53.5 / 53.0 / 54.5 / 5

Compare Trading Fees

The cost of trading Shariah-compliant investments adds up over time, so here's how the top Halal platforms measure up:

Compare Trading Fees
BrokerCost RatingFixed SpreadsInactivity Fee
XM 4.0 / 5✘No$5
AvaTrade 3.8 / 5✔Yes$50
RoboForex 3.8 / 5✘No$0
IC 4.6 / 5✘No$0
Eightcap 3.8 / 5✘No$0
Fusion Markets 4.4 / 5✘No$0

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
XM 4.6 / 52.0 / 531344.7 / 53.9 / 5
AvaTrade 4.3 / 54.8 / 5135904.3 / 54.0 / 5
RoboForex 4.4 / 52.1 / 57764.7 / 54.4 / 5
IC 4.3 / 53.0 / 523.1 / 54.2 / 5
Eightcap 4.0 / 54.1 / 539094.8 / 54.4 / 5
Fusion Markets 3.6 / 54.8 / 5101274.8 / 54.4 / 5

How Popular Are These Brokers With Islamic Trading Accounts?

Many Muslim traders want the most popular Halal brokers, i.e those with the most users:

Why Open An Islamic Account With XM?

With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years.

Christian Harris Christian Harris, Reviewer

XM quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies
Regulator
CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
Platforms
MT4, MT5, TradingCentral
Minimum Deposit
$5
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, JPY, ZAR

Pros

  • XM secured a category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates in late 2025, strengthening its regulatory credentials and making it a strong option for traders in the Middle East.
  • XM’s growing roster of 1,400+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
  • XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.

Cons

  • XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable solution for a more beginner-friendly user experience with unique features.
  • Although trusted and generally well-regulated in some regions, XM also has global entities registered with the weak regulators like FSC (Belize) and FSA (Seychelles), whilst UK clients are no longer accepted, reducing its market reach.
  • While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.

Why Open An Islamic Account With AvaTrade?

AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets.

Jemma Grist Jemma Grist, Reviewer

AvaTrade quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures
Regulator
ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
Platforms
WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade
Minimum Deposit
$100
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, ZAR

Pros

  • Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.
  • Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.
  • AvaTrade launched AvaFutures to offer low-margin access to global markets, then expanded in 2025 as one of the first brokers to add CME’s Micro Grain Futures, and then later in the year went further by integrating with TradingView.

Cons

  • The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
  • While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.
  • AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.

Why Open An Islamic Account With RoboForex?

RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists.

Christian Harris Christian Harris, Reviewer

RoboForex quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Crypto
Regulator
FSC
Platforms
R StocksTrader, MT4, MT5, TradingView
Minimum Deposit
$10
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR

Pros

  • RoboForex secured the 'Best Forex Broker 2025' title in DayTrading.com's Awards after broadening their FX offering, cutting spreads and opening up services in various countries.
  • The R Stocks Trader platform rivals leading solutions like MT4, with netting and hedging capabilities, comprehensive backtesting, Level II pricing, and a flexible workspace.
  • In 2026, RoboForex introduced swap-free trading across all accounts, removing overnight interest charges, and potentially appealing to swing forex traders, though spreads and commissions may still apply.

Cons

  • While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets.
  • RoboForex now restricts base currency options to USD and EUR. This limitation may inconvenience day traders preferring to manage their accounts in other currencies, while potentially leading to conversion fees.
  • Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.

Why Open An Islamic Account With IC?

IC (formerly IC Markets) offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders.

Christian Harris Christian Harris, Reviewer

IC quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Regulator
ASIC, CySEC, FSA, SCB, CMA-Kenya
Platforms
MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
Minimum Deposit
$200
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • IC offers fast and dependable 24/7 support based on firsthand experience, particularly when it comes to accounts and funding issues.
  • IC offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders.
  • As a tightly regulated and widely respected broker, IC prioritizes client security and transparency, helping to ensure a reliable trading experience globally.

Cons

  • Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.
  • There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
  • While IC offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.

Why Open An Islamic Account With Eightcap?

Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.

Christian Harris Christian Harris, Reviewer

Eightcap quick facts

Demo Account
✔Yes
Instruments
CFDs in Forex, Stocks, Indices, Commodities, Crypto
Regulator
FCA, ASIC, CySEC, FSC, SCB, FSA
Platforms
MT4, MT5, TradingView, TradeLocker
Minimum Deposit
$100
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, SGD

Pros

  • Having excelled across all key areas for day traders, Eightcap outperformed every competitor to win our 'Best Overall Broker' award for 2024, also securing our 'Best Crypto Broker' title for 2025 and 'Best TradingView Broker' for 2025.
  • With tight spreads from 0 pips, low commission fees, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including day trading and scalping.
  • Eightcap added TradeLocker in 2026 for certain regions, marking it out as the best regulated TradeLocker broker, while still delivering Eightcap's ultra-fast execution and low fees for active traders on the charting software.

Cons

  • In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
  • The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
  • Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.

Why Open An Islamic Account With Fusion Markets?

Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC.

Jemma Grist Jemma Grist, Reviewer

Fusion Markets quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto
Regulator
ASIC, VFSC, FSA
Platforms
MT4, MT5, cTrader, TradingView, DupliTrade
Minimum Deposit
$0
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • The market analysis features, Market Buzz and Analyst Views, are great tools for discovering opportunities and conveniently integrated into the client dashboard.
  • Fusion Markets offers best-in-class support with very fast, friendly and helpful responses during tests and no frustrating automated chatbot to navigate.
  • Average execution speeds of around 37 milliseconds are noticeably faster than many rivals and can help day traders secure optimal prices in fast-moving markets.

Cons

  • Traders outside of Australia must sign up with weakly regulated global entities with limited safeguards, though in August 2026 they made negative balance protection available to all eligible accounts.
  • Fusion Market trails alternatives, notably IG, in the education department with limited guides and live video sessions to upskill new traders.
  • The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.

Our Methodology for Selecting the Best Halal Brokers

To identify the best Halal brokers, we conducted a rigorous, hands-on evaluation that goes beyond surface-level data. Our review process involved extensive platform testing, where we assessed trading tools and overall user experience to ensure a real-world perspective.

We analyzed over 200 data points across 8 core categories, including:

  • Halal accounts – Verified the availability of swap-free Islamic accounts for adherence to Shariah principles.
  • Trading Costs & Fees – Assessed spreads, commissions, and whether swap-free accounts have hidden markups.
  • Platform & Tools – Tested the broker’s software, mobile apps, and key trading features.
  • Regulation & Security – Ensured brokers are licensed by trusted financial authorities.
  • Asset Selection – Reviewed available instruments to confirm diverse, interest-free trading options.
  • Customer Support & Service – Tested support responsiveness, including regarding Islamic account inquiries.

What is an Islamic Trading Account?

For a broker to be Halal and truthfully claim they offer accounts based on Islamic principles, their Islamic accounts need to meet the following criteria:

  • Very fast execution of trades – Minimal delay helps satisfy the rule of prompt hand to hand exchanges between two parties.
  • Instant settlement of transaction costs – Be careful with accounts where open trades are automatically rolled over to the next trading day, as they may incur interest charges for the rollover.
  • Zero interest rates on trades – To avoid breaking rules around riba, there must be no interest. Any interest will deem the contract invalid and not Halal.