The 5 Best Forex Brokers with Islamic Accounts in Croatia – Rated and Reviewed. We have listed the best Brokers that offer an Islamic Account in Croatia in 2025*.
In this in-depth write-up you will learn:
- A List of the 5 Best Forex Brokers with Islamic Accounts in Croatia
- Pros and Cons of Forex Trading
- Is Forex Trading in Croatia Compliant with Sharia Law?
and much, much more!
🔍Forex Broker | ✏️Sign Up Here | 🫴🏻Offers Islamic Account | 💵Minimum Deposit | 💰Minimum Deposit (HRK) |
🥇FxPro | 👉 Click Here | ✅ Yes | 100 USD | 655.70 HRK |
🥈easyMarkets | 👉 Click Here | ✅ Yes | 25 USD | 163.90 HRK |
🥉XM | 👉 Click Here | ✅ Yes | 5 USD | 32.80 HRK |
🏆BDSwiss | 👉 Click Here | ✅ Yes | 10 USD | 65.60 HRK |
🥇AvaTrade | 👉 Click Here | ✅ Yes | 100 USD | 655.70 HRK |
5 Best Forex Brokers with Islamic Accounts in Croatia (2025)
- ☑️FxPro – Overall, The Best Broker with an Islamic Account in Croatia
- ☑️easyMarkets – Best Fixed Spread Forex Broker
- ☑️XM – Exceptional Customer Service
- ☑️BDSwiss – Best Educational Broker
- ☑️AvaTrade – Best Forex Broker for Beginners
1. FxPro
FxPro is a globally recognized forex and CFD broker that offers its services in Croatia, including the provision of Islamic (swap-free) accounts tailored for traders adhering to Sharia law.
FxPro provides Islamic accounts that are compliant with Sharia law, eliminating interest charges on overnight positions. FxPro operates under the oversight of several reputable regulatory bodies.
🔍Broker | 🥇FxPro |
🔢Year Founded | 2006 |
👤Amount of staff | 200+ |
👥Amount of active traders | 1.8 million+ |
📌Publicly Traded | None |
📉Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), SCB (Bahamas) |
🌎Country of regulation | UK, Cyprus, South Africa, Bahamas |
🗂️Account Segregation | ✅Yes |
🌟Negative balance protection | ✅Yes |
💙Investor Protection Schemes | ✅Yes (under FCA and CySEC regulations) |
➡️Institutional Accounts | ✅Yes |
🫴🏻Managed Accounts | None |
💴Minor account currencies | EUR, USD, GBP, CHF, JPY |
💵Minimum Deposit | $100 |
⏰Average deposit/withdrawal processing time | 1-3 business days |
💳Fund Withdrawal Fee | None (but third-party fees may apply) |
✏️Spreads from | 0.0 pips (on Raw Spread accounts) |
💷Commissions | $3.50 per side per lot (on Raw Spread accounts) |
9️⃣Number of base currencies supported | 9 |
💸Swap Fees | ✅Yes |
⬆️Leverage | Up to 1:500 |
📈Margin requirements | Depending on the leverage |
☪️Islamic account (swap-free) | ✅Yes |
🆓Demo Account | ✅Yes |
⏱️Order Execution Time | Less than 14ms |
🖥️VPS Hosting | ✅Yes |
🫴🏻CFDs-Total Offered | 250+ |
📈CFD Stock Indices | ✅Yes |
📉CFD Commodities | ✅Yes |
📊CFD Shares | ✅Yes |
💶Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill |
💳Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill |
📊Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, FxPro Trading Platform |
🍎OS Compatibility | Windows, macOS, Android, iOS |
🪛Forex trading tools | Economic Calendar, Trading Central, Autochartist |
🫴🏻Customer Support | ✅Yes |
🗣️Live chat availability | ✅Yes (24/5) |
💻Customer Support Email address | support@fxpro.com |
☎️Customer Support Contact Number | +44 (0) 203 151 5550 |
📱Social media Platforms | Facebook, Twitter, LinkedIn, YouTube |
⚙️Languages supported on FxPro Website | English, Spanish, German, French, Arabic, Russian, and more |
🎓Education and Research | ✅Yes |
✏️Forex course | ✅Yes |
🖥️Webinars | ✅Yes |
📖Educational Resources | Trading guides, tutorials, webinars |
🤝Affiliate program | ✅Yes |
👥Amount of partners | Not disclosed |
🫰🏻IB Program | ✅Yes |
🎁Sponsorships | ✅Yes (previously partnered with McLaren F1) |
🎀Rebate program | ✅Yes |
💰Cent or Micro Accounts | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅Pro | ❌Cons |
Regulated Broker | No U.S. Clients |
Low Spreads | No Fixed Spread Accounts |
Multiple Platforms | Higher Minimum Deposit |
Fast Execution | No Promotions or Bonuses |
Frequently Asked Questions
Can I open an FxPro account from Croatia?
Yes. FxPro accepts clients from Croatia, offering full access to their platforms, account types, and customer support.
What trading platforms does FxPro support?
FxPro offers a variety of platforms, including: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and FxPro Edge.
What is the minimum deposit at FxPro?
The recommended minimum deposit is $100, but FxPro allows flexibility based on your payment method and account type.
Does FxPro offer Islamic accounts?
Yes. FxPro provides Islamic (swap-free) accounts for traders who follow Sharia law, with no interest charged on overnight positions.
Our Verdict
For traders in Croatia seeking a broker that offers Islamic (swap-free) accounts, FxPro presents a reliable option with its adherence to Sharia principles, diverse account types, and robust trading platforms.
2. easyMarkets
easyMarkets is a globally recognized forex and CFD broker that offers its services in Croatia, including the provision of Islamic (swap-free) accounts tailored for traders adhering to Sharia law.
easyMarkets provides Islamic accounts that are compliant with Sharia law, eliminating interest charges on overnight positions. easyMarkets operates under the oversight of several reputable regulatory bodies.
🔍Broker | 🥇EasyMarkets |
🔢Year Founded | 2001 |
👤Amount of Staff | Approximately 100 |
👥Amount of Active Traders | Over 150,000 active traders |
📌Publicly Traded | None |
📈Regulation | CySEC |
🌎Country of Regulation | Cyprus |
🗂️Account Segregation | ✅Yes |
🌟Negative Balance Protection | ✅Yes |
💙Investor Protection Schemes | ✅Yes, covered under CySEC |
➡️Institutional Accounts | ✅Yes |
🫴🏻Managed Accounts | ✅Yes |
💴Minor Account Currencies | ✅Yes |
💵Minimum Deposit | $100 |
⏰Average Deposit/Withdrawal Processing Time | 1-5 business days for withdrawals |
💳Fund Withdrawal Fee | None |
✏️Spreads from | From 0.6 pips |
💷Commissions | No commissions on trades |
🔢Number of Base Currencies Supported | 15+ base currencies |
💸Swap Fees | ✅Yes, applies for positions held overnight |
⬆️Leverage | Up to 1:500 |
📉Margin Requirements | Varies by account type and trading instruments |
☪️Islamic Account (Swap-Free) | ✅Yes |
🆓Demo Account | ✅Yes |
⏱️Order Execution Time | Instant execution |
🖥️VPS Hosting | ✅Yes, available |
🫴🏻CFDs - Total Offered | 200+ |
📈CFD Stock Indices | ✅Yes, major global indices |
📉CFD Commodities | ✅Yes, including oil, gold, silver |
📊CFD Shares | ✅Yes, over 1,000 stocks |
💶Deposit Options | Credit/Debit cards, bank transfer, e-wallets |
💳Withdrawal Options | Bank transfer, e-wallets |
📊Trading Platforms | EasyMarkets Platform, MT4 |
🍎OS Compatibility | Windows, Mac, iOS, Android |
🪛Forex Trading Tools | DealCancellation, guaranteed stop loss |
🫴🏻Customer Support | ✅Yes |
🗣️Live Chat Availability | ✅Yes |
💻Customer Support Email Address | support@easymarkets.com |
☎️Customer Support Contact Number | +357 25 266 212 |
📱Social Media Platforms | Facebook, Twitter, |
⚙️Languages Supported on EasyMarkets Website | English, Spanish, Arabic, and more |
🎓Education and Research | ✅Yes |
✏️Forex Course | ✅Yes |
🖥️Webinars | ✅Yes |
📖Educational Resources | Articles, tutorials, videos |
🤝Affiliate Program | ✅Yes |
👥Amount of Partners | Numerous, exact number not disclosed |
🫰🏻IB Program | ✅Yes |
🎁Sponsorships | ✅Yes, various trading competitions |
🎀Rebate Program | ✅Yes |
💰Cent or Micro Accounts | ✅Yes, Micro accounts available |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Fixed Spreads | Limited Platform Options |
Innovative Tools | No Variable Spreads |
User-Friendly Platform | Withdrawal Fees |
Negative Balance Protection | Limited Advanced Tools |
Frequently Asked Questions
Can I open an easyMarkets account in Croatia?
Yes. easyMarkets accepts clients from Croatia, offering full access to its trading platforms, account types, and support services (including options in multiple languages like English and possibly Croatian).
Does easyMarkets offer Islamic accounts?
Yes. easyMarkets provides Islamic (swap-free) accounts that comply with Sharia law by removing interest charges on overnight positions.
Are there any hidden fees for Islamic accounts?
easyMarkets does not charge interest, but open positions on Islamic accounts can only be held for up to 14 days.
Can non-Muslims open Islamic accounts?
Generally, brokers reserve Islamic accounts for clients who request them for religious reasons. easyMarkets may require confirmation that your reason is faith-based.
Our Verdict
For traders in Croatia seeking a broker that offers Islamic (swap-free) accounts, easyMarkets presents a reliable option with its adherence to Sharia principles, diverse account types, and robust trading platforms.
3. XM
XM is a globally recognized forex and CFD broker that offers its services in Croatia, including the provision of Islamic (swap-free) accounts tailored for traders adhering to Sharia law.
XM provides Islamic accounts that are compliant with Sharia law, eliminating interest charges on overnight positions. XM operates under the oversight of several reputable regulatory bodies.
🔍Broker | 🥇XM |
🔢Year Founded | 2009 |
👤Amount of Staff | 600+ |
👥Amount of Active Traders | 5,000,000+ |
📌Publicly Traded | None |
📈Regulation | CySEC (Cyprus) ASIC (Australia) IFSC (Belize) FCA (UK) |
🌎Country of Regulation | Cyprus Australia Belize UK |
🗂️Account Segregation | ✅Yes |
➡️Negative Balance Protection | ✅Yes |
💙Investor Protection Schemes | ✅Yes, up to €20,000 under CySEC |
➡️Institutional Accounts | None |
🫴🏻Managed Accounts | None |
💴Minor Account Currencies | USD EUR GBP JPY CHF AUD HUF PLN |
💵Minimum Deposit | $5 |
⏰Average Deposit/Withdrawal Processing Time | Within 24 hours |
💷Fund Withdrawal Fee | None, but third-party fees may apply |
✏️Spreads | 0.6 pips |
💶Commissions | Zero on Standard and Micro accounts commission on Zero accounts |
🔢Number of Base Currencies Supported | 11 |
💸Swap Fees | ✅Yes |
⬆️Leverage | Up to 1:1000 |
📉Margin Requirements | Varies by instrument and account type |
☪️Islamic Account (Swap-Free) | ✅Yes |
🆓Demo Account | ✅Yes |
⏱️Order Execution Time | < 1 second |
🖥️VPS Hosting | ✅Yes (free for eligible accounts) |
📍CFDs - Total Offered | 1,000+ |
📈CFD Stock Indices | 30+ |
➡️CFD Commodities | 15+ |
📊CFD Shares | 1,200+ |
💳Deposit Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies |
💴Withdrawal Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies |
💡Trading Platforms | MetaTrader 4 MetaTrader 5 XM WebTrader |
🍎OS Compatibility | Windows macOS iOS Android |
🔩Forex Trading Tools | Autochartist Trading Signals VPS |
🫴🏻Customer Support | ✅Yes |
🗣️Live Chat Availability | ✅Yes |
💻Customer Support Email Address | support@xm.com |
☎️Customer Support Contact Number | +357 25029933 |
📱Social Media Platforms | Facebook YouTube |
⚙️Languages Supported on Website | 30+ languages |
🎓Education and Research | ✅Yes |
✏️Forex Course | ✅Yes |
💻Webinars | ✅Yes |
📖Educational Resources | Articles Video Tutorials Market Analysis |
🤝Affiliate Program | ✅Yes |
👥Amount of Partners | Not publicly disclosed |
🫶IB Program | ✅Yes |
🎁Sponsorships | ✅Yes (various events and teams) |
🫰🏻Rebate Program | ✅Yes |
💰Cent or Micro Accounts | ✅Yes (Micro accounts available) |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Well-Regulated and Trusted | Limited Product Range |
Low Minimum Deposit | Inactivity Fee |
MetaTrader 4 & 5 Support | Limited Advanced Trading Tools |
Tight Spreads and No Hidden Fees | High Spreads on Micro Accounts |
Frequently Asked Questions
Can I trade with XM from Croatia?
Yes. XM accepts clients from Croatia, and you can trade using their full range of services, platforms, and multilingual support.
What trading platforms does XM offer?
You can trade using: MetaTrader 4 (MT4), and MetaTrader 5 (MT5).
What is the minimum deposit at XM?
The minimum deposit is as low as $5, making it accessible for beginners.
Does XM offer Islamic accounts?
Yes. XM provides Islamic (swap-free) accounts for clients who follow Sharia law, meaning no interest is charged on overnight positions.
Our Verdict
For traders in Croatia seeking a broker that offers Islamic (swap-free) accounts, XM presents a reliable option with its adherence to Sharia principles, diverse account types, and robust trading platforms.
4. BDSwiss
BDSwiss is a globally recognized forex and CFD broker that offers its services in Croatia, including the provision of Islamic (swap-free) accounts tailored for traders adhering to Sharia law.
BDSwiss provides Islamic accounts that are compliant with Sharia law, eliminating interest charges on overnight positions. BDSwiss operates under the oversight of several reputable regulatory bodies.
🔎 Broker | 🥇 BDSwiss |
🔢Year Founded | 2012 |
👥Amount of Staff | 200+ |
👤Amount of Active Traders | Over 1.5 million |
📌Publicly Traded | None |
📉Regulation | CySEC, FSC, FSA, NFA (for certain jurisdictions) |
🌎Country of Regulation | Cyprus, Mauritius, Seychelles, United States |
🗂️Account Segregation | ✅Yes |
🌟Negative Balance Protection | ✅Yes |
💙Investor Protection Schemes | ✅Yes, up to €20,000 under CySEC ICF |
➡️Institutional Accounts | None |
🫴🏻Managed Accounts | None |
💴Minor Account Currencies | EUR, USD, GBP |
💵Minimum Deposit | $10 |
⏰Average Deposit/Withdrawal Processing Time | Deposits: Instant; Withdrawals: 1-5 business days |
💳Fund Withdrawal Fee | Free (conditions apply, e.g., minimum withdrawal amount) |
✏️Spreads From | 0.0 pips on Raw accounts |
💷Commissions | $5 per lot on Raw accounts, None on Classic accounts |
3️⃣Number of Base Currencies Supported | 3 (EUR, USD, GBP) |
💸Swap Fees | ✅Yes, applicable on most instruments |
⬆️Leverage | Up to 1:50 (depending on the region) |
📉Margin Requirements | Varies by asset and region |
☪️Islamic Account (Swap-Free) | ✅Yes |
🆓Demo Account | ✅Yes, unlimited |
⏱️Order Execution Time | 11.06 milliseconds on average |
💻VPS Hosting | Available, but conditions apply |
🫴🏻CFDs-Total Offered | 250+ |
📈CFD Stock Indices | 10+ |
📉CFD Commodities | 15+ |
📊CFD Shares | 100+ |
💶Deposit Options | Bank transfer, Credit/Debit Card, E-wallets (Skrill, Neteller) |
💳Withdrawal Options | Bank transfer, Credit/Debit Card, E-wallets (Skrill, Neteller) |
📊Trading Platforms | MetaTrader 4, MetaTrader 5, BDSwiss WebTrader, BDSwiss Mobile App |
🍎OS Compatibility | Windows, MacOS, iOS, Android |
🪛Forex Trading Tools | Economic Calendar, Trading Alerts, Autochartist, Trading Academy |
🎓Customer Support | ✅Yes |
🗣️Live Chat Availability | ✅Yes |
💻Customer Support Email Address | support@bdswiss.com |
☎️Customer Support Contact Number | +44 203 695 3086 (UK) |
📱Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube |
⚙️Languages Supported on HFM Website | 20+ including English, German, French, Spanish, Italian |
🎓Education and Research | ✅Yes |
✏️Forex Course | ✅Yes |
💻Webinars | ✅Yes |
📖Educational Resources | Articles, Video Tutorials, Market News, eBooks |
🤝Affiliate Program | ✅Yes |
👥Amount of Partners | Not publicly disclosed |
🫰🏻IB Program | ✅Yes |
🎁Sponsorships | ✅Yes, various financial and sports events |
🎀Rebate Program | ✅Yes |
🚀 Open a account | 👉 Open Account |
Pros and Cons
✅Pros | ❌Cons |
Regulated and Secure | Higher Fees on Certain Accounts |
Diverse Account Types | Limited Leverage for EU Clients |
Advanced Trading Platforms | Inactivity Fees |
Negative Balance Protection | Limited Cryptocurrency Options |
Frequently Asked Questions
Can I open a BDSwiss account from Croatia?
Yes. BDSwiss accepts clients from Croatia and offers full access to its trading platforms and account types, including Islamic accounts.
Does BDSwiss offer Islamic accounts?
Yes, BDSwiss offers Islamic (swap-free) accounts that comply with Sharia law, available to Muslim traders.
Are there any additional fees for Islamic accounts?
BDSwiss does not charge interest, but an administrative fee may apply after 10 days of holding positions overnight. This ensures continued compliance with Sharia law.
Can non-Muslims open a swap-free account?
No. BDSwiss Islamic accounts are intended only for traders who follow the Islamic faith, and proof may be requested during the application process.
Our Verdict
For traders in Croatia seeking a broker that offers Islamic (swap-free) accounts, BDSwiss presents a reliable option with its adherence to Sharia principles, diverse account types, and robust trading platforms.
5. AvaTrade
AvaTrade is a globally recognized forex and CFD broker that offers its services in Croatia, including the provision of Islamic (swap-free) accounts tailored for traders adhering to Sharia law.
AvaTrade provides Islamic accounts that are compliant with Sharia law, eliminating interest charges on overnight positions. AvaTrade operates under the oversight of several reputable regulatory bodies.
🔍Broker | 🥇AvaTrade |
🔢Year Founded | 2006 |
👤Amount of staff | 200+ |
👥Amount of active traders | Over 300,000 |
📌Publicly Traded | None |
📈Regulation | Central Bank of Ireland (CBI) Australian Securities and Investments Commission (ASIC) Financial Sector Conduct Authority (FSCA) Financial Services Agency (FSA) Japan Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA), and more. |
🌎Country of regulation | Ireland Australia Japan UAE South Africa British Virgin Islands |
🗂️Account Segregation | ✅Yes |
🌟Negative balance protection | ✅Yes |
💙Investor Protection Schemes | Compensation scheme for eligible clients under certain jurisdictions |
➡️Institutional Accounts | ✅Yes |
🫴🏻Managed Accounts | None |
💴Minor account currencies | USD EUR GBP AUD JPY CHF ZAR, and more |
💵Minimum Deposit | $100 |
⏰Average deposit/withdrawal processing time | Deposits: Instant Withdrawals: 1-3 business days |
💳Fund Withdrawal Fee | No fees on most payment methods, but some charges may apply depending on the method used |
✏️Spreads from | 0.9 pips (EUR/USD) |
💷Commissions | No commissions on most trades; spreads apply |
🔟Number of base currencies supported | 10+ |
💶Swap Fees | ✅Yes Swap-free accounts available for Islamic traders |
⬆️Leverage | Up to 1:400 depending on jurisdiction |
📉Margin requirements | Varies based on asset and leverage used |
☪️Islamic account (swap-free) | ✅Yes |
🆓Demo Account | ✅Yes |
⏱️Order Execution Time | Fast execution generally less than 1 second |
🖥️VPS Hosting | ✅Yes for qualifying accounts |
👉CFDs-Total Offered | 1000+ |
📈CFD Stock Indices | 30+ |
📉CFD Commodities | 20+ |
📊CFD Shares | 600+ |
💵Deposit Options | Credit/Debit Card Bank Transfer PayPal Skrill Neteller WebMoney, and more |
💳Withdrawal Options | Credit/Debit Card Bank Transfer PayPal Skrill Neteller WebMoney, and more |
📊Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) AvaTradeGO WebTrader AvaOptions |
🍎OS Compatibility | Windows MacOS iOS Android |
🔩Forex trading tools | Autochartist Trading Central Economic Calendar AvaProtect, and more |
🫴🏻Customer Support | ✅Yes |
🗣️Live chat availability | ✅Yes |
💻Customer Support Email address | support@avatrade.com |
☎️Customer Support Contact Number | Varies by region accessible through the website |
📱Social media Platforms | Facebook YouTube |
⚙️Languages supported on FBS Website | Multiple languages including English Spanish French Italian Arabic, and more |
🎓Education and Research | ✅Yes |
✏️Forex course | ✅Yes (AvaAcademy) |
💻Webinars | ✅Yes |
📖Educational Resources | eBooks Videos Tutorials Blog Market Analysis |
🤝Affiliate program | ✅Yes |
👥Amount of partners | Thousands globally |
🫰🏻IB Program | ✅Yes |
🎁Sponsorships | ✅Yes Various sponsorships including the Manchester City Football Club) |
🎀Rebate program | ✅Yes |
💰Cent or Micro Accounts | None Offers Standard and Professional Accounts |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Regulated by multiple authorities | High inactivity fees |
Various trading platforms | Fixed spreads can be higher |
Negative balance protection | Does not accept U.S. clients |
Islamic account options | Customer support can be slow |
Frequently Asked Questions
What trading platforms does AvaTrade offer?
AvaTrade offers multiple platforms to cater to different trading preferences, including: MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO, AvaOptions, and WebTrader.
What is the minimum deposit to open an account with AvaTrade?
The minimum deposit is $100, making it accessible for traders with different capital sizes.
Can I trade on AvaTrade from Croatia?
Yes, AvaTrade accepts traders from Croatia. You can open an account, trade, and access all available features in your region.
Does AvaTrade charge commissions?
AvaTrade does not charge commissions on most of its accounts. Instead, it earns through the spread (the difference between buying and selling prices).
Our Verdict
For traders in Croatia seeking a broker that offers Islamic (swap-free) accounts, AvaTrade presents a reliable option with its adherence to Sharia principles, diverse account types, and robust trading platforms.
Is Forex Trading in Croatia Compliant with Sharia Law?
Forex trading in Croatia can be compliant with Sharia law if traders use Islamic (swap-free) accounts, which are designed to align with Islamic finance principles by eliminating interest charges on overnight positions. While Croatia follows EU regulations that don’t specifically address Sharia compliance, many brokers operating in the region, such as AvaTrade, BDSwiss, and XM, offer Islamic accounts.
These accounts typically replace interest with alternative fees to maintain adherence to Islamic principles. Traders should always verify that their broker truly provides interest-free trading to ensure full Sharia compliance.
In Conclusion
Forex trading in Croatia can be compliant with Sharia law if you choose a broker that offers Islamic (swap-free) accounts. These accounts are specifically designed to adhere to Islamic financial principles, ensuring that no interest is charged or earned on overnight positions.
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Frequently Asked Questions
Does FxPro charge any extra fees for Islamic accounts?
FxPro does not charge swap fees on Islamic accounts, but a fixed commission or administrative fee may apply after holding positions for several days — this is not interest-based and is compliant with Sharia law.
What platforms does easyMarkets support?
You can trade using: MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, and easyMarkets’ proprietary platform.
Are there hidden fees on XM’s Islamic account?
XM does not charge swaps, but for some instruments and positions held long-term, an administrative fee may apply.
What platforms does BDSwiss offer?
You can trade using: MetaTrader 4 (MT4), MetaTrader 5 (MT5), BDSwiss WebTrader, and BDSwiss Mobile App.
Does AvaTrade offer a demo account?
Yes, AvaTrade offers a free demo account where traders can practice trading with virtual funds before committing real capital.
Is forex trading allowed in Croatia?
Yes. Forex trading is legal in Croatia and regulated under European Union financial laws.
Can Muslim traders in Croatia follow Sharia law while trading forex?
Yes. Muslim traders in Croatia can trade in compliance with Sharia law by using Islamic (swap-free) accounts offered by various brokers.
What is an Islamic (swap-free) forex account?
An Islamic account is a type of forex trading account that complies with Sharia law.
Are there fees on Islamic accounts?
While swap fees are removed, some brokers apply an administrative fee after a certain number of days.
Can non-Muslims open an Islamic account?
Generally, no. Islamic accounts are intended for Muslim traders observing Sharia law. Brokers may ask for a declaration or justification of religious grounds.