Halal Trading

With Islam the second-largest religion in the UK, investors are increasingly interested in whether online trading is Halal or Haram. To answer that question, we breakdown Halal trading principles across forex, stocks, CFDs and cryptos. We also look at the best trading platforms and accounts for Islamic traders.

Please note this site is not a religious authority on the subject of Islamic trading. To be certain your trading activities are Halal, we recommend consulting with a religious authority that can consider individual circumstances.

Islamic Trading Accounts

Filter Brokers

FCA Regulated

Low Deposit

Signals Service

Islamic Account

CFDs

Forex

Cryptocurrency

MetaTrader 4

MetaTrader 5

cTrader

Copy Trading

Spread Betting

Found 143 Brokers

Review

FXCC is a highly regulated and trustworthy MT4 trading broker.

FXCC is a highly regulated and trustworthy MT4 trading broker.

Demo Account

Yes

Regulated By

CySEC, FCA

MT4 Integration

Yes

Min. Deposit

$0

Min. Trade

0.01 lots

Crypto

No

Review

XTB is one of the largest stock exchange-listed FX & CFD brokers in the world, offering access to over 2000 instruments on their trading platforms.

XTB is one of the largest stock exchange-listed FX & CFD brokers in the world, offering access to over 2000 instruments on their trading platforms.

Demo Account

Yes

Regulated By

FCA, CySEC, IFSC, KNF, DFSA

MT4 Integration

No

Min. Deposit

$0

Min. Trade

0.01 Lots

Crypto

No

Review

Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4

Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4

Demo Account

Yes

Regulated By

CBoI, ASIC, FSB, ESMA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

$1

Crypto

No

Review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Demo Account

Yes

Regulated By

FCA, CySEC

MT4 Integration

No

Min. Deposit

$200 ($50 in US, $10 in UK)

Min. Trade

$1

Crypto

Yes

Review

BDSwiss offer 250+ Shares, Indices, Forex, Commodities and Cryptocurrencies markets via CFDs. With spreads from 1 pip and an award winning app, they offer a great package.

BDSwiss offer 250+ Shares, Indices, Forex, Commodities and Cryptocurrencies markets via CFDs. With spreads from 1 pip and an award winning app, they offer a great package.

Demo Account

Yes

Regulated By

CySec, FSC, FSA

MT4 Integration

Yes

Min. Deposit

100 $/€/£

Min. Trade

0.01 Lots

Crypto

Yes

Review

XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.

XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.

Demo Account

Yes

Regulated By

IFSC, DFSA, CySEC, ASIC

MT4 Integration

Yes

Min. Deposit

5 $/€/£

Min. Trade

0.01 Micro lots

Crypto

No

Review

Markets.com offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies.

Markets.com offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies.

Demo Account

Yes

Regulated By

FCA, CySEC, ASIC, FSCA, FSC, ESMA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.

Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.

Demo Account

Yes

Regulated By

CySEC, IIROC, NFA, CFTC, FCA, FSA, and CIMA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

$1

Crypto

Yes

Review

LegacyFX is a multi-asset broker offering an MT5 download & free signals.

LegacyFX is a multi-asset broker offering an MT5 download & free signals.

Demo Account

Yes

Regulated By

CySEC, FCA, VFSC, NBRB

MT4 Integration

No

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

Yes

Review

Reliable and affordable trading since 2009. Join over 400,000 others trading on 300+ CFD products over assets like forex, gold, indices and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.

Reliable and affordable trading since 2009. Join over 400,000 others trading on 300+ CFD products over assets like forex, gold, indices and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.

Demo Account

Yes

Regulated By

ASIC, FCA, CIMA

MT4 Integration

Yes

Min. Deposit

$200

Min. Trade

0.01 Lots

Crypto

No

Review

Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.

Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.

Demo Account

Yes

Regulated By

FSRA, FCA, FSC, CMA

MT4 Integration

Yes

Min. Deposit

Trader Pro: $10,000 Trader: $100 
World:$20

Min. Trade

0.01 lots

Crypto

No

Review

FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader.

FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader.

Demo Account

Yes

Regulated By

CySec, ESMA, FCA and FSC of the Republic of Mauritius

MT4 Integration

Yes

Min. Deposit

From $50

Min. Trade

0.01 lots

Crypto

No

Review

Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets.

Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets.

Demo Account

Yes

Regulated By

ASIC, CySec, FSA

MT4 Integration

Yes

Min. Deposit

$200

Min. Trade

0.01 Lots

Crypto

Yes

Review

RoboForex is a multi-asset online broker offering powerful trading aides.

RoboForex is a multi-asset online broker offering powerful trading aides.

Demo Account

Yes

Regulated By

IFSC

MT4 Integration

Yes

Min. Deposit

$10

Min. Trade

0.01 lots

Crypto

Yes

Review

FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads.

FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads.

Demo Account

Yes

Regulated By

IFSC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

easyMarkets.com - Simply Honest. Trade CFDs on Forex, Commodities, Indices, Shares & Cryptos With a Top Rated Forex Broker

easyMarkets.com - Simply Honest. Trade CFDs on Forex, Commodities, Indices, Shares & Cryptos With a Top Rated Forex Broker

Demo Account

Yes

Regulated By

CySec, ASIC, BVI

MT4 Integration

Yes

Min. Deposit

€100

Min. Trade

Varies by asset

Crypto

Yes

Review

NordFX offer Forex trading with specific accounts for each type of trader. Zero accounts offer spread from 0 pips, while the Crypto offers optimal cryptocurrency trading. Open account from just $10.

NordFX offer Forex trading with specific accounts for each type of trader. Zero accounts offer spread from 0 pips, while the Crypto offers optimal cryptocurrency trading. Open account from just $10.

Demo Account

Yes

Regulated By

VFSC

MT4 Integration

Yes

Min. Deposit

$10

Min. Trade

$1

Crypto

Yes

Review

EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.

EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$10

Min. Trade

0.01 lots

Crypto

Yes

Review

Moneta Markets is a regulated FX & CFD broker offering a proprietary web platform.

Moneta Markets is a regulated FX & CFD broker offering a proprietary web platform.

Demo Account

Yes

Regulated By

CIMA

MT4 Integration

Yes

Min. Deposit

$200

Min. Trade

0.01 lots

Crypto

Yes

Review

FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.

FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.

Demo Account

Yes

Regulated By

ASIC 426359, CySEC 331/17, IFSC/000102/198, FSCA 50885

MT4 Integration

Yes

Min. Deposit

$1

Min. Trade

0.01 lots

Crypto

Yes

Review

A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms

A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms

Demo Account

Yes

Regulated By

DFSA, MAS, FCA, SFC

MT4 Integration

No

Min. Deposit

£500

Min. Trade

Vary by asset

Crypto

No

Review

ROInvesting is an online CFD broker regulated by the CySEC.

ROInvesting is an online CFD broker regulated by the CySEC.

Demo Account

Yes

Regulated By

CySEC, SEBI

MT4 Integration

Yes

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

Yes

Review

ThinkMarkets is a multi-regulated forex and CFD broker

ThinkMarkets is a multi-regulated forex and CFD broker

Demo Account

Yes

Regulated By

FCA, ASIC, FSCA, FSA Seychelles

MT4 Integration

Yes

Min. Deposit

$0

Min. Trade

0.01 lots

Crypto

Yes

Review

IronFX offers online trading in forex, stocks, futures, commodities and cryptocurrencies

IronFX offers online trading in forex, stocks, futures, commodities and cryptocurrencies

Demo Account

Yes

Regulated By

FCA, CySEC, ASIC, FSB

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.

Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.

Demo Account

Yes

Regulated By

CySec, DFSA, FCA, SCB, FSCA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 Lots

Crypto

Yes

Review

Dukascopy is a Swiss-based forex, CFD, and binary options broker

Dukascopy is a Swiss-based forex, CFD, and binary options broker

Demo Account

Yes

Regulated By

FINMA, FCMC, JFSA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.

Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.

Demo Account

Yes

Regulated By

CySec

MT4 Integration

Yes

Min. Deposit

€100 to €50000 (Account choice dependent)

Min. Trade

0.01 Lots

Crypto

No

Review

12Trader is a regulated online broker offering trading in forex & CFDs.

12Trader is a regulated online broker offering trading in forex & CFDs.

Demo Account

Yes

Regulated By

CySEC, VFSC

MT4 Integration

No

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

Yes

Review

FP Markets is a multi-asset broker offering a choice of trading platforms.

FP Markets is a multi-asset broker offering a choice of trading platforms.

Demo Account

Yes

Regulated By

ASIC, CySEC, ESMA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

FortFS is a multi-asset trading broker offering a range of tools & resources.

FortFS is a multi-asset trading broker offering a range of tools & resources.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$5

Min. Trade

0.01 lots

Crypto

Yes

Review

Fortrade is a multi-asset broker offering a simple live account with advanced tools.

Fortrade is a multi-asset broker offering a simple live account with advanced tools.

Demo Account

Yes

Regulated By

FCA, ASIC, CySEC, NBRB, IIROC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

CMSTrader offers multi-asset trading with fast payment speeds & useful features.

CMSTrader offers multi-asset trading with fast payment speeds & useful features.

Demo Account

Yes

Regulated By

MT4 Integration

No

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

Yes

Review

Varianse is an online broker offering unique instruments and powerful analysis tools.

Varianse is an online broker offering unique instruments and powerful analysis tools.

Demo Account

Yes

Regulated By

FCA

MT4 Integration

Yes

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

No

Review

House of Borse offers trading in over 200 financial instruments on MT4 and MT5.

House of Borse offers trading in over 200 financial instruments on MT4 and MT5.

Demo Account

Yes

Regulated By

FCA

MT4 Integration

Yes

Min. Deposit

$5,000

Min. Trade

0.01 lots

Crypto

No

Review

Grand Capital is an MT4 retail trading broker offering multiple bonuses.

Grand Capital is an MT4 retail trading broker offering multiple bonuses.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$10

Min. Trade

0.01 lots

Crypto

Yes

Review

EZ Invest is a CySEC-licensed broker offering trading on the financial markets.

EZ Invest is a CySEC-licensed broker offering trading on the financial markets.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

Yes

Review

ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.

ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

1 EUR/USD

Min. Trade

0.01 lots

Crypto

Yes

Review

Colmex Pro is a top retail trading provider offering competitive pricing.

Colmex Pro is a top retail trading provider offering competitive pricing.

Demo Account

Yes

Regulated By

CySEC, FSCA

MT4 Integration

Yes

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

No

Review

OctaFX offers multi-asset trading on a range of platforms and mobile solutions.

OctaFX offers multi-asset trading on a range of platforms and mobile solutions.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

Orbex is a trusted forex broker offering several accounts & the MT4 platform.

Orbex is a trusted forex broker offering several accounts & the MT4 platform.

Demo Account

Yes

Regulated By

CySEC, BaFin, FSC (Mauritius)

MT4 Integration

Yes

Min. Deposit

$200

Min. Trade

0.01 lots

Crypto

No

Review

FCMarket offers forex, stocks and commodities trading on a choice of live accounts.

FCMarket offers forex, stocks and commodities trading on a choice of live accounts.

Demo Account

Yes

Regulated By

SVG FSA

MT4 Integration

Yes

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

No

Review

XGlobal Markets offers online trading in forex and CFDs through the industry-renowned MT5 platform.

XGlobal Markets offers online trading in forex and CFDs through the industry-renowned MT5 platform.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

No

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

No

Review

Trade forex, CFDs and futures with leading tools and low minimum deposits.

Trade forex, CFDs and futures with leading tools and low minimum deposits.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

No

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

AMarkets offers a suite of tools and trading products on the MT4 & MT5 platforms.

AMarkets offers a suite of tools and trading products on the MT4 & MT5 platforms.

Demo Account

Yes

Regulated By

FSA SVG

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

iFOREX is a multi-regulated forex & CFD broker with millions of clients worldwide

iFOREX is a multi-regulated forex & CFD broker with millions of clients worldwide

Demo Account

Yes

Regulated By

CySEC, FCA, BVI

MT4 Integration

No

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

AAAFx offers automated and copy platforms for forex and CFD trading.

AAAFx offers automated and copy platforms for forex and CFD trading.

Demo Account

Yes

Regulated By

HCMC (Greece), FSA (St Vincent & Grenadines)

MT4 Integration

Yes

Min. Deposit

$300

Min. Trade

0.01 lots

Crypto

Yes

Review

Squared Financial is a CySEC-regulated forex & CFD broker with 10,000 tradeable assets for both MT4 and MT5.

Squared Financial is a CySEC-regulated forex & CFD broker with 10,000 tradeable assets for both MT4 and MT5.

Demo Account

Yes

Regulated By

CySEC, FSA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.

TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.

Demo Account

Yes

Regulated By

FCA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

Noble Trading is an FX & CFD broker offering multiple deposit & payment options.

Noble Trading is an FX & CFD broker offering multiple deposit & payment options.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

TusarFX is a MT4 multi-asset broker offering bonuses & high leverage rates.

TusarFX is a MT4 multi-asset broker offering bonuses & high leverage rates.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$1

Min. Trade

0.01 lots

Crypto

No

Review

TradeTime is an FX broker also offering trading in stocks, commodities, & Bitcoin.

TradeTime is an FX broker also offering trading in stocks, commodities, & Bitcoin.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

Yes

Review

TrioMarkets is a CySEC-regulated online ECN trading broker.

TrioMarkets is a CySEC-regulated online ECN trading broker.

Demo Account

Yes

Regulated By

CySEC, FSC (Mauritius)

MT4 Integration

Yes

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

Yes

Review

GCI offers online trading in 300+ tradable assets with up to 1:400 leverage.

GCI offers online trading in 300+ tradable assets with up to 1:400 leverage.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

No

Review

Finexo is a multi-asset online broker regulated by the CySEC.

Finexo is a multi-asset online broker regulated by the CySEC.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

Tickmill is FCA & CySEC regulated and offers trading in CFDs, FX and commodities.

Tickmill is FCA & CySEC regulated and offers trading in CFDs, FX and commodities.

Demo Account

Yes

Regulated By

FCA, CySEC, FSA, LFSA, SC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing huge flexibility to suit any trader.

Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing huge flexibility to suit any trader.

Demo Account

Yes

Regulated By

FCA, ASIC, FSC, FMA, FSA, CGSE, JSC

MT4 Integration

Yes

Min. Deposit

$0

Min. Trade

0.01 lots

Crypto

No

Review

101investing.com is a CFD broker providing access to a range of financial markets.

101investing.com is a CFD broker providing access to a range of financial markets.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

Yes

Review

Juno Markets is a regulated forex broker offering the MT4 trading platform.

Juno Markets is a regulated forex broker offering the MT4 trading platform.

Demo Account

Yes

Regulated By

VFSC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

FXOpen is a highly regulated FX & CFD broker offering multiple trading platforms.

FXOpen is a highly regulated FX & CFD broker offering multiple trading platforms.

Demo Account

Yes

Regulated By

FCA, ASIC

MT4 Integration

Yes

Min. Deposit

$300

Min. Trade

0.01 lots

Crypto

Yes

Review

Equiti is a global forex & CFD broker offering a proprietary webtrader platform & MT4.

Equiti is a global forex & CFD broker offering a proprietary webtrader platform & MT4.

Demo Account

Yes

Regulated By

FCA, JSC, DMCC, SCA, CMA

MT4 Integration

Yes

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

No

Review

Corsa Capital is a binary options broker offering a proprietary trading platform.

Corsa Capital is a binary options broker offering a proprietary trading platform.

Demo Account

Yes

Regulated By

MT4 Integration

No

Min. Deposit

$1

Min. Trade

$0.1

Crypto

No

Review

Land FX is a trusted global FX & CFD trading broker offering the MT4 & MT5 platforms.

Land FX is a trusted global FX & CFD trading broker offering the MT4 & MT5 platforms.

Demo Account

Yes

Regulated By

FCA, FSA

MT4 Integration

Yes

Min. Deposit

$300

Min. Trade

0.01 lots

Crypto

No

Review

Alvexo is a CySEC-regulated MT4 forex & CFD broker.

Alvexo is a CySEC-regulated MT4 forex & CFD broker.

Demo Account

Yes

Regulated By

CySEC, FSA

MT4 Integration

Yes

Min. Deposit

500 EUR/USD

Min. Trade

0.01 lots

Crypto

Yes

Review

FIBO Group is a dual-licensed forex broker offering multiple trading platforms.

FIBO Group is a dual-licensed forex broker offering multiple trading platforms.

Demo Account

Yes

Regulated By

CySEC, FSC BVI

MT4 Integration

Yes

Min. Deposit

$50

Min. Trade

0.01 lots

Crypto

Yes

Review

GKFX is an MT4 trading broker offering a suite of financial instruments & tools.

GKFX is an MT4 trading broker offering a suite of financial instruments & tools.

Demo Account

Yes

Regulated By

MFSA

MT4 Integration

Yes

Min. Deposit

€100

Min. Trade

0.01 lots

Crypto

Yes

Review

Trade on the financial markets with low cost, leveraged products at HYCM.

Trade on the financial markets with low cost, leveraged products at HYCM.

Demo Account

Yes

Regulated By

FCA, DFSA, CIMA, CySEC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

Admiral Markets is leading Forex and CFD broker offering the MT4 & MT5 platforms

Admiral Markets is leading Forex and CFD broker offering the MT4 & MT5 platforms

Demo Account

Yes

Regulated By

FCA, CySEC, ASIC, JSC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

Spectre.ai is a blockchain-based binary options broker

Spectre.ai is a blockchain-based binary options broker

Demo Account

Yes

Regulated By

St. Vincent and the Grenadines

MT4 Integration

No

Min. Deposit

$0

Min. Trade

$1

Crypto

Yes

Review

LBLV is a MT5 broker offering trading in FX & CFDs.

LBLV is a MT5 broker offering trading in FX & CFDs.

Demo Account

Yes

Regulated By

FSA (Seychelles)

MT4 Integration

No

Min. Deposit

$5,000

Min. Trade

0.01 lots

Crypto

No

Review

Lightspeed is a broker for high-volume traders offering advanced platforms & tools.

Lightspeed is a broker for high-volume traders offering advanced platforms & tools.

Demo Account

Yes

Regulated By

FINRA, NFA

MT4 Integration

No

Min. Deposit

$10,000

Min. Trade

Variable

Crypto

Yes

Review

FXDD offers online trading in six major asset classes on the MT4, MT5 and WebTrader platforms.

FXDD offers online trading in six major asset classes on the MT4, MT5 and WebTrader platforms.

Demo Account

Yes

Regulated By

Malta Financial Services Authority (MFSA), Mauritius Financial Services Commission (MFSC)

MT4 Integration

Yes

Min. Deposit

$/£1

Min. Trade

0.01 lots

Crypto

No

Review

TopFX is a Cyprus headquartered broker offering MT4, cTrader and copy trading.

TopFX is a Cyprus headquartered broker offering MT4, cTrader and copy trading.

Demo Account

No

Regulated By

CySEC, FCA, FSA

MT4 Integration

Yes

Min. Deposit

$50

Min. Trade

0.01 lots

Crypto

Yes

Review

Start trading forex and CFD products on the MetaTrader 4 platform at Finotrade.

Start trading forex and CFD products on the MetaTrader 4 platform at Finotrade.

Demo Account

Yes

Regulated By

FCA

MT4 Integration

Yes

Min. Deposit

$1,000

Min. Trade

0.01 lots

Crypto

No

Review

Pacific Union is a multi-asset broker offering trading via the MT4 and MT5 platforms.

Pacific Union is a multi-asset broker offering trading via the MT4 and MT5 platforms.

Demo Account

Yes

Regulated By

Cyprus Securities and Exchange Commission (CySEC) and Seychelles Financial Services Authority (SFSA)

MT4 Integration

Yes

Min. Deposit

$50

Min. Trade

0.01 lots

Crypto

Yes

Review

MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading.

MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading.

Demo Account

Yes

Regulated By

ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA

MT4 Integration

Yes

Min. Deposit

$50

Min. Trade

0.1 lots

Crypto

Yes

Review

M4Markets is a forex broker offering deposit bonuses with MT4 & MT5 tools.

M4Markets is a forex broker offering deposit bonuses with MT4 & MT5 tools.

Demo Account

Yes

Regulated By

Financial Services Authority (FSA)

MT4 Integration

Yes

Min. Deposit

$5

Min. Trade

0.01 lots

Crypto

No

Review

NSFX delivers tight spreads across FX and CFDs on the JForex & MT4 platforms.

NSFX delivers tight spreads across FX and CFDs on the JForex & MT4 platforms.

Demo Account

Yes

Regulated By

MFSA

MT4 Integration

Yes

Min. Deposit

$300

Min. Trade

0.01 lots

Crypto

No

Review

NicoFX facilitates trading in forex and precious metals under CySEC regulation.

NicoFX facilitates trading in forex and precious metals under CySEC regulation.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

TP Global FX offers a long list of popular financial assets with spreads from 0.1 pips. With a focus on innovation and transparency, they are a growing brand.

TP Global FX offers a long list of popular financial assets with spreads from 0.1 pips. With a focus on innovation and transparency, they are a growing brand.

Demo Account

Yes

Regulated By

SVG FSA, NFA, CAMA Nigeria

MT4 Integration

Yes

Min. Deposit

$200

Min. Trade

0.01 lots

Crypto

Yes

Review

RoboMarkets is an award-winning broker offering flexible margin trading.

RoboMarkets is an award-winning broker offering flexible margin trading.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

$/£/€100

Min. Trade

0.01 lots

Crypto

No

Review

Naga is a social investing platform offering copy trading on major financial markets including cryptocurrencies and stocks.

Naga is a social investing platform offering copy trading on major financial markets including cryptocurrencies and stocks.

Demo Account

Yes

Regulated By

CySEC, FCA

MT4 Integration

Yes

Min. Deposit

$250

Min. Trade

Variable

Crypto

Yes

Review

AdroFX is a regulated, global broker offering forex, CFD and crypto trading with MT4 access and attractive welcome bonuses.

AdroFX is a regulated, global broker offering forex, CFD and crypto trading with MT4 access and attractive welcome bonuses.

Demo Account

Yes

Regulated By

FSA, BSSLA

MT4 Integration

Yes

Min. Deposit

$25

Min. Trade

0.01 lot

Crypto

Yes

Review

The Exness Group offers worldwide online trading across multiple asset classes, including forex, and commodities, on the industry-established MetaTrader 4 and MetaTrader 5 platforms.

The Exness Group offers worldwide online trading across multiple asset classes, including forex, and commodities, on the industry-established MetaTrader 4 and MetaTrader 5 platforms.

Demo Account

Yes

Regulated By

FCA, CySEC, FSCA

MT4 Integration

Yes

Min. Deposit

$1

Min. Trade

$1

Crypto

No

Review

HotForex is a forex and CFD broker that is regulated by the FCA and provides access to over 1,000 securities and derivatives on several international markets.

HotForex is a forex and CFD broker that is regulated by the FCA and provides access to over 1,000 securities and derivatives on several international markets.

Demo Account

Yes

Regulated By

FCA, DFSA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

Huobi is one of the world's largest cryptocurrency exchanges, offering the top tokens by market cap on their proprietary trading platform.

Huobi is one of the world's largest cryptocurrency exchanges, offering the top tokens by market cap on their proprietary trading platform.

Demo Account

Yes

Regulated By

FCA, FSAS

MT4 Integration

No

Min. Deposit

$100

Min. Trade

No minimum

Crypto

Yes

Review

SuperForex is an African-based forex and derivatives broker with currency pairs, commodities, cryptos, stocks and indices.

SuperForex is an African-based forex and derivatives broker with currency pairs, commodities, cryptos, stocks and indices.

Demo Account

Yes

Regulated By

IFSC

MT4 Integration

Yes

Min. Deposit

$1

Min. Trade

0.01 lots

Crypto

Yes

Review

EuroTrader is a regulated brokerage firm with securities and derivatives trading products, including stocks, forex and cryptos.

EuroTrader is a regulated brokerage firm with securities and derivatives trading products, including stocks, forex and cryptos.

Demo Account

Yes

Regulated By

CySEC, FINMA, FSCA

MT4 Integration

Yes

Min. Deposit

$0

Min. Trade

0.01 lots

Crypto

Yes

Review

A+ Trader is a forex and CFD broker with MT4 access, MAM accounts and decent educational content, available for a minimum deposit of $100.

A+ Trader is a forex and CFD broker with MT4 access, MAM accounts and decent educational content, available for a minimum deposit of $100.

Demo Account

No

Regulated By

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.

ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.

Demo Account

Yes

Regulated By

VFSC

MT4 Integration

Yes

Min. Deposit

$10

Min. Trade

0.01 lots

Crypto

Yes

Review

EFG Hermes is a MENA-focused online broker that offers OTC securities and CFD trading in a wide range of markets.

EFG Hermes is a MENA-focused online broker that offers OTC securities and CFD trading in a wide range of markets.

Demo Account

Yes

Regulated By

DIFC

MT4 Integration

No

Min. Deposit

$0

Min. Trade

No

Crypto

No

Review

10TradeFX is a global brokerage firm with forex, crypto and CFD trading support for the MetaTrader 5 platform with high leverage and low commission

10TradeFX is a global brokerage firm with forex, crypto and CFD trading support for the MetaTrader 5 platform with high leverage and low commission

Demo Account

Yes

Regulated By

SFSA

MT4 Integration

No

Min. Deposit

$200

Min. Trade

0.01 lots

Crypto

Yes

Review

LidyaTrade is an unregulated forex and CFD brokerage providing a wide range of assets and services, including the MT5 platform, though some information on the firm's website is unsubstantiated.

LidyaTrade is an unregulated forex and CFD brokerage providing a wide range of assets and services, including the MT5 platform, though some information on the firm's website is unsubstantiated.

Demo Account

Yes

Regulated By

MT4 Integration

No

Min. Deposit

$300

Min. Trade

0.01 lots

Crypto

Yes

Review

Scope Markets offers day trading and investing in over 250 spot & CFD instruments. The firm is regulated and boasts competitive trading conditions, several account types and a range of payment methods.

Scope Markets offers day trading and investing in over 250 spot & CFD instruments. The firm is regulated and boasts competitive trading conditions, several account types and a range of payment methods.

Demo Account

No

Regulated By

CMA, CySEC, FSCA

MT4 Integration

No

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

No

Review

TMGM is a competitive Australian forex and CFD broker with a wide range of instruments, features and tools provided at low-cost

TMGM is a competitive Australian forex and CFD broker with a wide range of instruments, features and tools provided at low-cost

Demo Account

Yes

Regulated By

ASIC, FMA, VFSC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

IMMFX is an offshore broker offering forex, commodity, crypto and CFD trading.

IMMFX is an offshore broker offering forex, commodity, crypto and CFD trading.

Demo Account

Yes

Regulated By

SVGFSA

MT4 Integration

Yes

Min. Deposit

50 USD

Min. Trade

0.01 lots

Crypto

Yes

Review

XBTFX offers cryptocurrency, forex and CFD trading services on both MT4 and MT5 platforms with ECN account options and crypto funding.

XBTFX offers cryptocurrency, forex and CFD trading services on both MT4 and MT5 platforms with ECN account options and crypto funding.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$5

Min. Trade

0.01 lots

Crypto

Yes

Review

AZAforex is an online broker offering a wide range of asset classes, helpful features, analytical tools and payment methods for clients across the world to get stuck into the financial markets.

AZAforex is an online broker offering a wide range of asset classes, helpful features, analytical tools and payment methods for clients across the world to get stuck into the financial markets.

Demo Account

Yes

Regulated By

MT4 Integration

No

Min. Deposit

$1

Min. Trade

0.00001 lots

Crypto

Yes

Review

FXCL boasts a competitive range of leverage rates and tradeable instruments that can be accessed through the MetaTrader 4 terminal.

FXCL boasts a competitive range of leverage rates and tradeable instruments that can be accessed through the MetaTrader 4 terminal.

Demo Account

Yes

Regulated By

SVG FSA

MT4 Integration

Yes

Min. Deposit

$1

Min. Trade

0.01 lots

Crypto

Yes

Review

Brokereo has blasted onto the scene as a forex and CFD broker with a wide range of assets, popular trading platforms, comprehensive educational material and advanced trading support.

Brokereo has blasted onto the scene as a forex and CFD broker with a wide range of assets, popular trading platforms, comprehensive educational material and advanced trading support.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

Yes

Review

Golden Brokers supports MT5 trading for forex, commodities, stocks and indices with low commissions and mobile functionality

Golden Brokers supports MT5 trading for forex, commodities, stocks and indices with low commissions and mobile functionality

Demo Account

Yes

Regulated By

LFSC

MT4 Integration

No

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies.

Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies.

Demo Account

Yes

Regulated By

ASIC

MT4 Integration

Yes

Min. Deposit

$50

Min. Trade

$1

Crypto

Yes

Review

FXPesa offers forex and CFD trading from its headquarters in Kenya.

FXPesa offers forex and CFD trading from its headquarters in Kenya.

Demo Account

Yes

Regulated By

CMA

MT4 Integration

Yes

Min. Deposit

$5

Min. Trade

No minimum

Crypto

No

Review

ACY Securities is an award-winning, regulated forex and CFD brokers with a wide range of assets, payment methods and account types, providing access to MetaTrader 4 and MetaTrader 5 platforms.

ACY Securities is an award-winning, regulated forex and CFD brokers with a wide range of assets, payment methods and account types, providing access to MetaTrader 4 and MetaTrader 5 platforms.

Demo Account

Yes

Regulated By

ASIC, VFSC

MT4 Integration

Yes

Min. Deposit

$50

Min. Trade

0.01 lots

Crypto

Yes

Review

Rockfort Markets is a New Zealand broker with a competitive range of assets, trading platforms and educational services.

Rockfort Markets is a New Zealand broker with a competitive range of assets, trading platforms and educational services.

Demo Account

Yes

Regulated By

FSP, FMA

MT4 Integration

Yes

Min. Deposit

$200

Min. Trade

0.01 lots

Crypto

Yes

Review

VT Markets is an Australian-based broker offering forex, stocks, and commodity trading.

VT Markets is an Australian-based broker offering forex, stocks, and commodity trading.

Demo Account

Yes

Regulated By

ASIC, CIMA

MT4 Integration

Yes

Min. Deposit

$200

Min. Trade

0.01 lots

Crypto

No

Review

Tradeview is based in the Cayman Islands and offers four leading trading platforms and 100+ financial instruments.

Tradeview is based in the Cayman Islands and offers four leading trading platforms and 100+ financial instruments.

Demo Account

Yes

Regulated By

CIMA, MFSA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

ICM Capitals offers ultra-low spreads on FX, CFDs and futures via the MT4 platform.

ICM Capitals offers ultra-low spreads on FX, CFDs and futures via the MT4 platform.

Demo Account

Yes

Regulated By

FCA, SVGFSA

MT4 Integration

Yes

Min. Deposit

$200

Min. Trade

0.01 lots

Crypto

No

Review

NBH Markets offers 60+ assets with floating spreads and a suite of tools.

NBH Markets offers 60+ assets with floating spreads and a suite of tools.

Demo Account

Yes

Regulated By

St. Vincent and the Grenadines FSA

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

WH SelfInvest facilitates multi-asset trading through web & downloadable platforms.

WH SelfInvest facilitates multi-asset trading through web & downloadable platforms.

Demo Account

Yes

Regulated By

BaFin, CSSF, FSMA, AFM

MT4 Integration

Yes

Min. Deposit

€500

Min. Trade

0.01 lots

Crypto

No

Review

TeleTrade offers ECN accounts with tight spreads & powerful trading platforms.

TeleTrade offers ECN accounts with tight spreads & powerful trading platforms.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

100 EUR/USD

Min. Trade

0.01 lots

Crypto

Yes

Review

Swissquote is an FCA-regulated FX & CFD broker offering 160+ trading products.

Swissquote is an FCA-regulated FX & CFD broker offering 160+ trading products.

Demo Account

Yes

Regulated By

FCA, FINMA, DFSA, SFC

MT4 Integration

Yes

Min. Deposit

$1,000

Min. Trade

0.01 lots

Crypto

No

Review

Trade12 offers multi-asset trading with tiered account levels to suit different needs.

Trade12 offers multi-asset trading with tiered account levels to suit different needs.

Demo Account

No

Regulated By

MT4 Integration

Yes

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

No

Review

SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.

SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.

Demo Account

Yes

Regulated By

ASIC, VFSC

MT4 Integration

Yes

Min. Deposit

$50

Min. Trade

0.01 lots

Crypto

No

Review

TIO Markets offers 120 instruments, MetaTrader platforms & PAMM accounts.

TIO Markets offers 120 instruments, MetaTrader platforms & PAMM accounts.

Demo Account

Yes

Regulated By

FCA

MT4 Integration

Yes

Min. Deposit

$50

Min. Trade

0.01 lots

Crypto

Yes

Review

Larson & Holz offer desktop & mobile trading on FX and CFDs via the MT5 platform.

Larson & Holz offer desktop & mobile trading on FX and CFDs via the MT5 platform.

Demo Account

Yes

Regulated By

MT4 Integration

No

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

No

Review

LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.

LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$20

Min. Trade

0.01 lots

Crypto

No

Review

Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.

Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

$0

Min. Trade

0.01 lots

Crypto

No

Review

Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading.

Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading.

Demo Account

Yes

Regulated By

FSA (Seychelles)

MT4 Integration

Yes

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

Yes

Review

Uptos offers multiple trading assets, payment options and the MT5 platform.

Uptos offers multiple trading assets, payment options and the MT5 platform.

Demo Account

No

Regulated By

MT4 Integration

No

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

Yes

Review

FxGlory offers leveraged trading in forex and commodities through the MT4 desktop and mobile platform.

FxGlory offers leveraged trading in forex and commodities through the MT4 desktop and mobile platform.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$1

Min. Trade

0.01 lots

Crypto

Yes

Review

Blackwell Global offers seamless online trading in forex, stocks & cryptos.

Blackwell Global offers seamless online trading in forex, stocks & cryptos.

Demo Account

Yes

Regulated By

FCA, CySEC

MT4 Integration

Yes

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

Yes

Review

Atiora offers forex & CFD trading with easy-access $1 minimum deposit accounts.

Atiora offers forex & CFD trading with easy-access $1 minimum deposit accounts.

Demo Account

Yes

Regulated By

VFSC

MT4 Integration

Yes

Min. Deposit

$1

Min. Trade

0.01 lots

Crypto

Yes

Review

IFC Markets is a top broker offering the bespoke NetTradeX plus MT4 & MT5.

IFC Markets is a top broker offering the bespoke NetTradeX plus MT4 & MT5.

Demo Account

Yes

Regulated By

BVI FSC, SC, Labuan Financial Services Authority

MT4 Integration

Yes

Min. Deposit

1 USD / 1 EUR / 100 JPY

Min. Trade

0.01 lots

Crypto

Yes

Review

Windsor Brokers offers MT4 trading on forex, stocks, commodities and more.

Windsor Brokers offers MT4 trading on forex, stocks, commodities and more.

Demo Account

Yes

Regulated By

CySEC (Cyprus), IFSC (Belize), JSC (Jordan)

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

Trade forex and CFDs with 1:30 leverage and advanced trading tools.

Trade forex and CFDs with 1:30 leverage and advanced trading tools.

Demo Account

Yes

Regulated By

FCA, CIMA

MT4 Integration

No

Min. Deposit

$5,000

Min. Trade

0.01 lots

Crypto

No

Review

CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds.

CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds.

Demo Account

Yes

Regulated By

MAS

MT4 Integration

Yes

Min. Deposit

100 SGD

Min. Trade

0.01 lots

Crypto

No

Review

Smart Prime FX is an offshore broker offering live, MAM and PAMM accounts.

Smart Prime FX is an offshore broker offering live, MAM and PAMM accounts.

Demo Account

Yes

Regulated By

MT4 Integration

Yes

Min. Deposit

$25,000

Min. Trade

0.01 lots

Crypto

No

Review

Capex offers a portfolio of trading products and leading investing tools.

Capex offers a portfolio of trading products and leading investing tools.

Demo Account

Yes

Regulated By

CySEC, FSCA, ADGM

MT4 Integration

No

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

Trade forex and CFDs with rich trading tools and real-time market data.

Trade forex and CFDs with rich trading tools and real-time market data.

Demo Account

Yes

Regulated By

FSA Seychelles

MT4 Integration

No

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

No

Review

ADSS is a regulated forex broker offering $100 minimum deposits & 1:500 leverage.

ADSS is a regulated forex broker offering $100 minimum deposits & 1:500 leverage.

Demo Account

Yes

Regulated By

Central Bank of the UAE, FCA, SFC

MT4 Integration

Yes

Min. Deposit

$100

Min. Trade

0.01 lots

Crypto

Yes

Review

PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.

PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.

Demo Account

Yes

Regulated By

FSA

MT4 Integration

Yes

Min. Deposit

$10

Min. Trade

0.0001 lots

Crypto

Yes

Review

KLMFX offers traditional assets and markets on the MetaTrader 5 platform.

KLMFX offers traditional assets and markets on the MetaTrader 5 platform.

Demo Account

Yes

Regulated By

MT4 Integration

No

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

No

Review

Amana Capital is a leading retail broker offering deposit bonuses and MT4 trading.

Amana Capital is a leading retail broker offering deposit bonuses and MT4 trading.

Demo Account

Yes

Regulated By

FCA, DFSA, CySEC, CMA, LFSA, FSC, SC

MT4 Integration

Yes

Min. Deposit

$50

Min. Trade

0.01 lots

Crypto

No

Review

ActivTrades offers online trading on the MT4, MT5 and ActivTrader platforms.

ActivTrades offers online trading on the MT4, MT5 and ActivTrader platforms.

Demo Account

Yes

Regulated By

FCA

MT4 Integration

Yes

Min. Deposit

$500

Min. Trade

0.01 lots

Crypto

No

Review

ArgusFX is a Cyprus-based broker offering MT4 trading from a sleek client portal.

ArgusFX is a Cyprus-based broker offering MT4 trading from a sleek client portal.

Demo Account

No

Regulated By

CySEC

MT4 Integration

Yes

Min. Deposit

$0

Min. Trade

0.01 lots

Crypto

No

Review

4xCube is a MetaTrader forex broker registered and licensed in the Cook Islands.

4xCube is a MetaTrader forex broker registered and licensed in the Cook Islands.

Demo Account

Yes

Regulated By

FSC Cook Islands

MT4 Integration

Yes

Min. Deposit

$10

Min. Trade

0.01 lots

Crypto

Yes

Review

BlackBull Markets offers forex and CFD trading on the MT4 & MT5 platforms.

BlackBull Markets offers forex and CFD trading on the MT4 & MT5 platforms.

Demo Account

Yes

Regulated By

FMA, FSA

MT4 Integration

Yes

Min. Deposit

$200

Min. Trade

0.01 lots

Crypto

No

Review

Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets

Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets

Demo Account

Yes

Regulated By

HCMC

MT4 Integration

Yes

Min. Deposit

$1 to $300 (Broker choice dependent)

Min. Trade

$1

Crypto

Yes

Review

Fondex is an award-winning forex and CFD broker with industry low trading costs

Fondex is an award-winning forex and CFD broker with industry low trading costs

Demo Account

Yes

Regulated By

FSA, CySEC

MT4 Integration

No

Min. Deposit

$0

Min. Trade

0.01 lots

Crypto

No

Review

Alpari offer forex and CFD trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.

Alpari offer forex and CFD trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.

Demo Account

Yes

Regulated By

FSC of Maritius, SEBI

MT4 Integration

Yes

Min. Deposit

From $/£/€ 5

Min. Trade

0.01 Lots

Crypto

Yes

Review

AGEA is a regulated forex & CFD broker offering multiple trading platforms and account types.

AGEA is a regulated forex & CFD broker offering multiple trading platforms and account types.

Demo Account

Yes

Regulated By

Commission for Capital Markets

MT4 Integration

Yes

Min. Deposit

$1

Min. Trade

0.01 lots

Crypto

Yes

Review

EverFX is an online broker offering trading in forex, stocks, cryptos and commodities.

EverFX is an online broker offering trading in forex, stocks, cryptos and commodities.

Demo Account

Yes

Regulated By

CySEC, FSA, CIMA

MT4 Integration

Yes

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

Yes

Review

Trade360 offers multiple financial instruments and a live trader sentiment feed.

Trade360 offers multiple financial instruments and a live trader sentiment feed.

Demo Account

Yes

Regulated By

CySEC

MT4 Integration

No

Min. Deposit

$250

Min. Trade

0.01 lots

Crypto

No

Expand to Show All ↓

What Is Halal Trading?

To operate within the parameters of Islamic law, four principles need to be followed:

1. You must not pay or receive interest (Riba)
2. Transactions must be immediate (‘hand to hand’)
3. You must not gamble (Gharar)
4. Dispensation of risk and reward

Is trading Halal or Haram?

1. Riba

Whether trading currencies, stocks or cryptos, many brokers offer leverage. This is essentially a loan used by traders to increase position sizes and associated profits. For example, you deposit £10 and your broker loans you 30x that so you can trade with £300. However, many scholars consider margin trading Haram as brokers make a profit on the borrowed amount, which is considered a form of interest.

In response, many Islamic-friendly brokers now offer interest-free (swap-free) accounts. Instead of charging overnight interest on loans, brokers increase commission charges. While still debated in some academic circles, for many, this alleviates Riba concerns.

2. Hand To Hand

Another obstacle when it comes to answering whether investing in the financial markets is Halal or Haram is the question of hand to hand exchanges. Trading is considered Halal if exchanges are settled immediately and face to face. This is in line with the daily need to exchange commodities, such as grain, for thousands of years. Of course, technology means that exchanges can now be made online. But does that make trading forex, for example, Haram?

Many scholars are content that if agreements are made solely between a broker and trader and executed in the same session, then the hand to hand principle is satisfied. Intraday trading XAUUSD, for example, could be permissible. With that said, long-term investing using binary options with expiries in the future may be considered Halal, as they are not settled immediately.

3. Gambling

It is generally accepted that gambling is Haram. However, some scholars are comfortable with trading currency, stocks or cryptos if the objective is to generate profits and investments are grounded in analysis versus guesswork. Rather than wild speculation, a careful and considered approach to online day trading may be considered Halal. With this in mind, it’s important to open an account with a broker that offers comprehensive market analysis tools.

4. Risk & Reward

Another consideration is the risk and reward of trades. In particular, Islamic laws and principles highlight the issue of shared risk. This issue is governed by principles such as Bai al inah (sale and repurchase), Bai muajjjal (credit sale), Bai salam, Mudarabah (profit sharing), and Bai bithaman ajil (sale with deferred payment).

Fortunately, if we take forex trading as an example, we can see that if the market moves in your favour, you may see a profit. However, if exchange rates move against you, then your investment may lose money. In effect, you are sharing both risk and reward.

Islamic Accounts

Islamic trading accounts are available at many top brokers. Carefully adapted, these online trading accounts aim to comply with Islamic law. Firstly, they aim to remove interest charges for positions held open overnight. Additionally, they remove any interest charges which may conflict with Riba. Finally, Halal trading accounts offer immediate executions. By removing settlement delays, they endeavour to comply with the hand to hand principle.

Islamic account opening requirements are similar to standard trading accounts and may require proof identity and residency.

Pros Of Halal Trading

• May provide access to the financial markets without breaching religious reliefs
• Trading on forex, stocks and cryptos is available without high swap rates and rollover charges
• Islamic traders can invest on the same leading online trading platforms offered with standard accounts

Cons Of Halal Trading

• Traders may encounter increased commissions and wider spreads to compensate for zero swap rates
• Some trading instruments, such as futures, may not comply with Islamic investing principles

Is Online Trading Halal Or Haram?

Investing in the financial markets often leads to debate within Islamic trading circles. Many of the best Halal brokers today offer what they consider to be Islamic friendly trading accounts, platforms and apps. With that said, it’s always worth doing your own research and consulting a religious authority for guidance on individual circumstances.

This article does provide religious guidance. Instead, we have collated multiple viewpoints which we have presented for our readers’ consideration.

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