Muslim Forex Brokers

Monday, November 2, 2009

A list of Forex brokers which are friendly to Muslim Forex traders, allowing them to open the accounts without overnight interest (no Riba accounts). Such brokers can be very useful for traders from Iran, Saudi Arabia and other countries of Middle East.
Sort by: Order Minimum Account Traders' Rating Name
Forex Broker Name
Min. Account Size
MT4
WebMoney
CFD
Browser-based Platform
Registered with any Regulator
Easy On-line Account Opening
Rating
FXOpen
$1
+
+
-
-
+
+
9.3
InstaForex
$1
+
+
+
-
+
+
2.8
Forex4you
$1
+
+
+
-
-
+
6.7
E-Global
$20
+
-
+
-
+
+
9.6
FxCompany
$100
+
+
+
-
+
+
8.5
FXcast
$10
+
+
-
-
-
+
5.0
Marketiva
$1
-
+
-
-
+
+
7.2
MasterForex
$1
+
+
+
-
-
+
5.2
InvestTechFX
$100
+
-
+
-
+
+
8.5
EFOREX
$25
+
-
-
-
-
+
4.6
Boston Merchant Financial
$100
+
+
+
-
+
+
6.2
eToro
$50
-
+
-
+
+
+
4.8
IS Markets
$250
+
-
+
-
+
+
4.5
Forex.com
$250
+
-
-
+
+
-
7.1
X-Trade Brokers
$2,000
+
-
+
-
+
-
5.2
Tadawul FX
$500
+
-
-
-
+
+
8.3
Forex.CH
$2,000
+
-
-
-
+
-
3.0
IKON GM – Royal Division
$2,500
+
-
-
-
+
-
7.9
MGFOREX
$500
-
-
-
+
+
+
8.3
MFN
$500
-
-
+
-
-
+
3.6
Forex Broker Name
Min. Account Size
MT4
WebMoney
CFD
Browser-based Platform
Registered with any Regulator
Easy On-line Account Opening
Rating
GCI Financial
$2,000
+
+
+
+
+
+
7.6
Xforex
$100
-
-
-
+
-
+
7.4
Forex-Metal
$1
+
+
+
-
+
+
6.0
One Financial
$250
+
-
+
+
+
-
6.2
Exto Capital
$1,000
-
+
+
+
+
+
4.7
NordMarkets
$1,000
-
-
-
-
+
-
8.4
ForexGen
$250
+
-
-
-
-
+
5.0
FXTSwiss
$2,000
+
-
-
-
-
+
3.1
Apex FX Trading
$2,000
+
-
-
-
-
+
2.8
ForexYard
$100
-
-
-
+
-
+
3.5
Arab Financial Brokers
$2,000
+
-
-
-
+
+
5.5
FXClearing
$10
+
-
-
-
+
+
7.7
EMPFX
$300
-
-
+
-
-
+
3.8
FXCH
$2,000
+
+
+
-
-
+
7.3
FX-PRO
$1,000
+
-
-
-
-
+
3.4
Taurus Global Markets
$5,000
+
-
+
-
-
+
3.4
Forex Place
$100
+
-
+
-
-
+
4.0
Wall Street Brokers
$10
+
-
+
-
-
+
8.3
FXM Financial Group
$10
+
+
-
-
+
+
3.7
StartForex
$100
+
-
-
+
-
+
5.4
Forex Broker Name
Min. Account Size
MT4
WebMoney
CFD
Browser-based Platform
Registered with any Regulator
Easy On-line Account Opening
Rating
Alma Forex
$1
+
+
-
-
+
+
3.1
SwissDealing
$0
-
-
-
-
-
+
7.0
RFXT
$1,000
+
-
-
-
+
+
3.8
FX Trading
$500
+
-
-
-
-
+
4.3
Azurite Markets
$100
-
-
+
+
+
-
5.0
1pipfix
$100
+
+
+
-
-
+
1.7
Basel Financial
$50
+
+
-
-
+
+
7.5
Forex Systems
$250
+
-
+
-
+
+
5.0