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The 5 Best Forex Brokers with Islamic Accounts in Ivory Coast – Rated and Reviewed. We have listed the best Brokers that off Islamic Accounts in Ivory Coast in 2025*.
In this in-depth write-up you will learn:
- A List of the 5 Best Forex Brokers with Islamic Accounts in Ivory Coast
- Pros and Cons of Forex Trading
- Is Forex Trading in Ivory Coast Compliant Sharia Law?
and much, much more!
| 🔍Forex Broker | ✏️Sign Up Here | 🫴🏻Offers Islamic Account | 💵Minimum Deposit | 💰Minimum Deposit (XOF) |
| 🥇FXTM | 👉 Click Here | ✅ Yes | 200 USD | 110,050 XOF |
| 🥈FP Markets | 👉 Click Here | ✅ Yes | 100 USD | 55,025 XOF |
| 🥉HFM | 👉 Click Here | ✅ Yes | 0 USD | 0 XOF |
| 🏅Vantage Fx | 👉 Click Here | ✅ Yes | 50 USD | 27,515 XOF |
| 🏆AvaTrade | 👉 Click Here | ✅ Yes | 100 USD | 55,025 XOF |
🏆 10 Best Rated Forex Brokers
Broker
Rating
Regulators
Platforms
Min Deposit
Max Leverage
Crypto
Official Site
🥇
4.7/5
ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA
MT4, MT5, Avatrade Social
USD 100
400:1
Yes
5
4.9/5
CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine
MT4, MT5, HFM App, HFM Copy Trading
USD 0
2000:1
Yes
7
4.9/5
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
MT4, MT5, cTrader, Tradingview, Pepperstone Platform
USD 10
400:1
Yes
🏆 10 Best Rated Forex Brokers
Broker
Min Deposit
Max Leverage
Official Site
5 Best Forex Brokers with No Islamic Accounts in Ivory Coast (2025)
- ☑️FXTM – Overall, The Best Broker with an Islamic Account in Ivory Coast
- ☑️FP Markets – Best Multi-Asset Forex Broker
- ☑️HFM – Best Affiliate Program
- ☑️Vantage Fx – Most Trusted Broker
- ☑️AvaTrade – Best Forex Broker for Beginners
1. FXTM
FXTM (ForexTime) is a globally recognized forex and CFD broker that offers services to traders in Ivory Coast, including the option for Islamic (swap-free) accounts.
FXTM provides Islamic accounts that comply with Sharia law, ensuring that no interest (riba) is charged or earned on overnight positions.
| 🔍Broker | 🥇FXTM |
| 🔢Year Founded | 2011 |
| 👤Amount of Staff | Over 800 |
| 👥Amount of Active Traders | Over 4 million |
| 📌Publicly Traded | None |
| 📈Regulation | FCA CySEC FSC |
| 🌎Country of Regulation | UK Cyprus South Africa Mauritius |
| 🗂️Account Segregation | ✅Yes |
| 🌟Negative Balance Protection | ✅Yes |
| 💙Investor Protection Schemes | ✅Yes (varies by regulatory entity) |
| ➡️Institutional Accounts | ✅Yes |
| 🫴🏻Managed Accounts | None |
| 💴Minor Account Currencies | USD EUR GBP NGN |
| 💵Minimum Deposit | $10 for Cent Accounts |
| ⏰Average Deposit/Withdrawal Processing Time | Instant - 24 hours |
| 💳Fund Withdrawal Fee | None (but third-party fees may apply) |
| ✏️Spreads from | 0.0 pips |
| 💶Commissions | $0 - $4 per lot depending on account type |
| 4️⃣Number of Base Currencies Supported | 4 |
| 💷Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:2000 |
| 📉Margin Requirements | Based on leverage |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏰Order Execution Time | 0.05 seconds (Average) |
| 🖥️VPS Hosting | ✅Yes (Free with conditions) |
| 📈CFDs-Total Offered | Over 250 |
| 👉CFD Stock Indices | ✅Yes |
| 📉CFD Commodities | ✅Yes |
| 📊CFD Shares | ✅Yes |
| 💴Deposit Options | Bank transfer Credit/debit cards e-wallets (Skrill Neteller, etc.) |
| 💳Withdrawal Options | Bank transfer Credit/debit cards e-wallets (Skrill Neteller, etc.) |
| 📊Trading Platforms | MetaTrader 4 MetaTrader 5 FXTM Trader App |
| 🍎OS Compatibility | Windows macOS iOS Android |
| 🔩Forex Trading Tools | Forex calculators VPS Trading signals Market analysis tools |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 💻Customer Support Email Address | support@fxtm.com |
| ☎️Customer Support Contact Number | +44 203 734 1098 |
| 📱Social Media Platforms | Facebook YouTube |
| ⚙️Languages Supported on Website | 16+ |
| 🎓Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 💻Webinars | ✅Yes |
| 📖Educational Resources | Articles tutorials eBooks Video tutorials |
| 🤝Affiliate Program | ✅Yes |
| 👤Amount of Partners | Over 1,000 |
| 🫰🏻IB Program | ✅Yes |
| 🎁Sponsorships | No notable current sponsorships |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes (Cent Account) |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.6/5
Min Deposit
USD 200
Regulators
FSC, CMA, CMA, SCA
Trading Platform
MT4, MT5, FXTM App
Crypto
Yes
Total Pairs
63+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅Pros | ❌Cons |
| Regulated Broker | High Spreads on Some Accounts |
| Variety of Account Types | Withdrawal Fees |
| Promotions and Bonuses | Inactivity Fees |
Frequently Asked Questions
Can traders from the Ivory Coast use FXTM?
Yes. FXTM accepts clients from the Ivory Coast and offers localized deposit options, customer support, and access to all account types.
What platforms does FXTM offer?
FXTM supports: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and FXTM Trader App.
What types of accounts does FXTM offer?
FXTM offers: Standard Account, Cent Account, ECN Account, and Advantage & Advantage Plus Accounts.
What is the leverage at FXTM?
Leverage goes up to 1:2000, depending on your region, account type, and regulatory conditions.
Overall Rating
- 4.6/5
Min Deposit
USD 200
Regulators
FSC, CMA, CMA, SCA
Trading Platform
MT4, MT5, FXTM App
Crypto
Yes
Total Pairs
63+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
For traders in Ivory Coast seeking a broker that offers Islamic (swap-free) accounts, FXTM presents a reliable option with its adherence to Sharia principles, diverse account types, and robust trading platforms.
2. FP Markets
FP Markets is a globally recognized forex and CFD broker that extends its services to traders in Ivory Coast, including the provision of Islamic (swap-free) accounts tailored for Muslim traders adhering to Sharia law.
FP Markets provides Islamic accounts that are compliant with Sharia law, eliminating interest charges on overnight positions.
| 🔍Broker | 🥇FP Markets |
| 🔢Year Founded | 2005 |
| 👥Amount of Staff | Over 200 |
| 👤Amount of Active Traders | 60,000+ |
| 📍Publicly Traded | None |
| 📈Regulation | ASIC (Australia) CySEC (Cyprus) FSCA (South Africa) |
| 🌎Country of Regulation | Australia Cyprus South Africa |
| 🗂️Account Segregation | ✅Yes |
| 📌Negative Balance Protection | ✅Yes |
| 🚩Investor Protection Schemes | ✅Yes (CySEC) |
| 🖋️Account Types and Features | Standard Raw ECN VIP accounts available |
| 🎉Institutional Accounts | ✅Yes |
| 👤Managed Accounts | None |
| 💵Minor Account Currencies | EUR USD GBP AUD CAD CHF JPY NZD SGD HKD |
| 💴Minimum Deposit | $100 |
| ⏱️Average Deposit/Withdrawal Processing Time | Instant - 1 business day |
| 💸Fund Withdrawal Fee | None |
| ✏️Spreads | 0.0 pips |
| 💷Commissions | From $3 per side (Raw account) |
| 🔢Number of Base Currencies Supported | 10 |
| 💶Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:500 |
| 📉Margin Requirements | Varies by instrument and account type |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏰Order Execution Time | < 40ms |
| ➡️VPS Hosting | ✅Yes (for eligible accounts) |
| 🫴🏻CFDs - Total Offered | 10,000+ |
| 📊CFD Stock Indices | 23+ |
| 💡CFD Commodities | 12+ |
| 👉CFD Shares | 2,000+ |
| 💳Deposit Options | Bank transfer Credit/Debit card PayPal Neteller Skrill Fasapay and more |
| 💳Withdrawal Options | Bank transfer Credit/Debit card PayPal Neteller Skrill Fasapay and more |
| 🛎️Trading Platforms | MetaTrader 4 MetaTrader 5 IRESS,WebTrader Mobile Apps |
| 💻OS Compatibility | Windows macOS iOS Android |
| 🔩Forex Trading Tools | Autochartist VPS Trading Central Myfxbook |
| 🤝Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 🖥️Customer Support Email Address | support@fpmarkets.com |
| ☎️Customer Support Contact Number | +61 2 8252 6800 |
| 📱Social Media Platforms | Facebook YouTube |
| ⚙️Languages Supported on Website | 10+ including English Spanish Chinese Arabic |
| 📖Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 💻Webinars | ✅Yes |
| 🎓Educational Resources | ✅Yes (articles, videos, eBooks, market analysis) |
| 🤝Affiliate Program | ✅Yes |
| 👥Amount of Partners | Thousands worldwide |
| 👍IB Program | ✅Yes |
| 🎁Sponsorships | ✅Yes, involved in sports sponsorships |
| 💴Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes (Micro Accounts) |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅Pros | ❌Cons |
| Regulated Broker | Withdrawal Fees |
| Competitive Spreads | Complex Fee Structure |
| Multiple Trading Platforms | Limited Research Tools |
| Good Customer Support | No Social Trading Features |
Frequently Asked Questions
Can I use FP Markets in Ivory Coast?
Yes. Traders in Ivory Coast can register with FP Markets and access its full suite of services, including Islamic accounts, multiple platforms, and localized support.
What trading platforms does FP Markets offer?
FP Markets supports a variety of trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, WebTrader, and FP Markets Mobile App.
What is the minimum deposit at FP Markets?
The minimum deposit for most accounts is AUD 100 (or equivalent in USD or local currency).
What is the maximum leverage offered?
FP Markets offers leverage up to 1:500, depending on your location and regulation.
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
For traders in Ivory Coast seeking a broker that offers Islamic (swap-free) accounts, FP Markets presents a reliable option with its adherence to Sharia principles, diverse account types, and robust trading platforms.
3. HFM
HFM (HotForex) is a globally recognized forex and CFD broker that offers services to traders in Ivory Coast, including the provision of Islamic (swap-free) accounts tailored for Muslim traders adhering to Sharia law.
HFM is regulated by multiple reputable authorities, including the Financial Conduct Authority (FCA) in the UK, the Financial Sector Conduct Authority (FSCA) in South Africa, and the Dubai Financial Services Authority (DFSA) in the UAE.
| 🔍Broker | 🥇HFM |
| 🔢Year Founded | 2010 |
| 👤Amount of Staff | 200+ |
| 👥Amount of Active Traders | 2.5 million+ |
| 📌Publicly Traded | None |
| 📈Regulation | FSCA DFSA FSA FCA FSC CMA |
| 🌎Country of Regulation | UK South Africa UAE Seychelles |
| 🗂️Account Segregation | ✅Yes |
| ➡️Negative Balance Protection | ✅Yes |
| 📌Investor Protection Schemes | ✅Yes |
| 🎉Institutional Accounts | ✅Yes |
| 👤Managed Accounts | ✅Yes (PAMM/MAM accounts) |
| 💵Minor Account Currencies | USD EUR GBP JPY AUD ZAR |
| 💶Minimum Deposit | 0 USD |
| ⏱️Average Deposit/Withdrawal Processing Time | 1 - 3 business days |
| 💴Fund Withdrawal Fee | None, but third-party fees may apply |
| ✏️Spreads | 0.0 pips |
| 💷Commissions | From $6 per lot (round turn) |
| 🔢Number of Base Currencies Supported | 12 |
| 💵Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:1000 |
| 📉Margin Requirements | Varies by instrument |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏰Order Execution Time | < 30ms |
| 🖥️VPS Hosting | ✅Yes |
| 📈CFDs - Total Offered | 1,200+ |
| 📊CFD Stock Indices | 20+ |
| ✏️CFD Commodities | 20+ |
| 👉CFD Shares | 950+ |
| 💳Deposit Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies Local Payment Methods |
| 💴Withdrawal Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies Local Payment Methods |
| 📊Trading Platforms | MetaTrader 4 MetaTrader 5 HF App |
| 🍎OS Compatibility | Windows macOS iOS Android |
| 🔩Forex Trading Tools | Autochartist Trading Central VPS HFcopy |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 💻Customer Support Email Address | support@hfm.com |
| ☎️Customer Support Contact Number | +44 203 097 5796 |
| 📱Social Media Platforms | Facebook YouTube |
| ⚙️Languages Supported on Website | Multiple languages, including English, Chinese, Spanish, Arabic |
| 🎓Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 🖥️Webinars | ✅Yes |
| 📖Educational Resources | Articles Video Tutorials eBooks Market Analysis |
| 🤝Affiliate Program | ✅Yes |
| 🫶IB Program | ✅Yes |
| 🎁Sponsorships | ✅Yes |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.8/5
Min Deposit
USD 0
Regulators
FSCA, DFSA, FCA, CMA, FSA
Trading Platform
MT4, MT5, HFM APP
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅Pros | ❌Cons |
| Regulated Broker | Limited Research Tools |
| Wide Range of Account Types | Variable Spreads |
| Multiple Trading Platforms | Withdrawal Fees |
| User-Friendly Interface | Complex Fee Structure |
Frequently Asked Questions
Can I trade with HFM from Ivory Coast?
Yes. HFM accepts clients from Ivory Coast, offering full access to all account types, trading platforms, and educational resources.
Does HFM offer Islamic accounts?
Yes. HFM offers Islamic (swap-free) accounts for Muslim traders who do not wish to earn or pay interest on overnight positions.
Are there any hidden fees on Islamic accounts?
No interest is charged, but in some cases, a fixed admin fee may apply for positions held over several days, depending on the instrument.
Is HFM safe to use?
Yes. HFM uses segregated accounts, provides negative balance protection, and adheres to strict regulatory guidelines, making it a secure broker.
Overall Rating
- 4.8/5
Min Deposit
USD 0
Regulators
FSCA, DFSA, FCA, CMA, FSA
Trading Platform
MT4, MT5, HFM APP
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
HFM is a solid choice for traders in Ivory Coast, especially those looking for Islamic (swap-free) accounts. It combines regulation, variety, affordability, and reliable customer service—ideal for both beginners and pros.
4. Vantage Fx
Vantage Markets, a global and regulated broker, offers Islamic accounts for traders in Ivory Coast.
Vantage is regulated by reputable authorities such as the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, the Financial Sector Conduct Authority (FSCA) in South Africa, and the Vanuatu Financial Services Commission (VFSC).
| 🔍Broker | 🥇Vantage FX |
| 🔢Year Founded | 2009 |
| 👤Amount of Staff | 200+ |
| 👥Amount of Active Traders | 500,000+ |
| 📌Publicly Traded | None |
| 📈Regulation | ASIC (Australia), FCA (UK), CIMA (Cayman Islands) |
| 🌎Country of Regulation | Australia, United Kingdom, Cayman Islands |
| 🚩Account Segregation | ✅Yes |
| ➡️Negative Balance Protection | ✅Yes |
| 💙Investor Protection Schemes | ✅Yes (FCA regulated clients) |
| 👉Institutional Accounts | ✅Yes |
| 💡Managed Accounts | ✅Yes (MAM/PAMM accounts available) |
| 💴Minor Account Currencies | USD, EUR, GBP, AUD, SGD |
| 💵Minimum Deposit | $50 |
| ⏱️Average Deposit/Withdrawal Processing Time | 1 - 3 business days |
| 💳Fund Withdrawal Fee | None, but third-party fees may apply |
| ✏️Spreads | 0.0 pips |
| 💵Commissions | From $3 per lot (round turn) |
| 5️⃣Number of Base Currencies Supported | 5 |
| 💷Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:500 |
| 📉Margin Requirements | Varies by instrument |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏱️Order Execution Time | < 30ms |
| 🖥️VPS Hosting | ✅Yes (free for eligible accounts) |
| 📊CFDs - Total Offered | 1000+ |
| 🖋️CFD Stock Indices | 15+ |
| 👉CFD Commodities | 20+ |
| 🌟CFD Shares | 500+ |
| 💷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 ProTrader |
| 📱OS Compatibility | Windows macOS iOS Android |
| 🔩Forex Trading Tools | Autochartist Trading Central VPS |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 💻Customer Support Email Address | support@vantagefx.com |
| ☎️Customer Support Contact Number | +44 2080 363 883 |
| 🌟Social Media Platforms | Facebook |
| ⚙️Languages Supported on Website | Multiple languages, including English Chinese Spanish |
| 🎓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 sporting events and teams) |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes (Micro accounts available) |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.7/5
Min Deposit
USD 200
Regulators
FSCA, VFSC, ASIC, FCA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
49
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅Pros | ❌Cons |
| Regulation and Safety | Limited Research Tools |
| Low Spreads and Zero-Commission Options | Inactivity Fees |
| High Leverage Options | Commission on RAW ECN Accounts |
| Free VPS and Social Trading | Limited Availability of Islamic Accounts |
Frequently Asked Questions
Can I trade with Vantage Fx from Ivory Coast?
Yes. Traders in Ivory Coast can open accounts with Vantage Fx and access their full range of trading services, including Islamic (swap-free) accounts.
What trading platforms does Vantage Fx offer?
Vantage Fx provides access to: MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, and Vantage Mobile App.
What account types are available?
Vantage Fx offers several account types to suit different trading needs: Standard STP Account, Raw ECN Account, Pro ECN Account, and an Islamic (Swap-Free) Account.
Does Vantage FX offer Islamic accounts?
Yes. Vantage Fx provides Islamic (swap-free) accounts that comply with Sharia law by eliminating interest charges on overnight positions.
Overall Rating
- 4.7/5
Min Deposit
USD 200
Regulators
FSCA, VFSC, ASIC, FCA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
49
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
Vantage Fx is a reputable broker offering a range of account types, including Islamic (swap-free) accounts, to cater to the diverse needs of traders in Ivory Coast. With robust regulatory oversight, multiple trading platforms, and dedicated customer support, Vantage Fx provides a comprehensive trading environment for both novice and experienced traders.
5. AvaTrade
AvaTrade is a globally regulated forex and CFD broker that offers services to traders in Ivory Coast, including Islamic (swap-free) accounts designed to comply with Sharia law.
AvaTrade is regulated by multiple reputable authorities, including the Central Bank of Ireland, the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa.
| 🔍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 |
Overall Rating
- 4.8/5
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
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
Can I trade with AvaTrade from the Ivory Coast?
Yes. AvaTrade accepts clients from the Ivory Coast, offering full access to their trading platforms and account types, including Islamic accounts.
What trading platforms does AvaTrade offer?
AvaTrade provides access to: MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaOptions, AvaTradeGO, WebTrader, and ZuluTrade.
Does AvaTrade offer Islamic accounts?
Yes. AvaTrade offers Islamic (swap-free) accounts that comply with Sharia law by eliminating interest charges on overnight positions.
Are there any fees associated with Islamic accounts?
While Islamic accounts do not incur swap fees for overnight positions held up to 5 days, positions held longer may be subject to swap charges.
Overall Rating
- 4.8/5
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
AvaTrade caters to the needs of Muslim traders in Ivory Coast by providing Islamic (swap-free) accounts within its comprehensive range of trading options. Backed by strong regulatory oversight, multiple trading platforms, and dedicated customer support, AvaTrade offers a solid trading environment for both beginners and experienced individuals.
Is Forex Trading in Ivory Coast Compliant with Sharia Law?
Forex trading in Ivory Coast can be compliant with Sharia law, provided that certain conditions are met.
Sharia Law and Forex Trading: The Basics
Under Islamic (Sharia) law, certain principles must be upheld in financial dealings:
- No Riba (Interest) – Interest-based transactions (like swap or rollover fees) are prohibited.
- No Gharar (Excessive Uncertainty) – Trades must be transparent and not overly speculative.
- Halal Assets – The instruments traded must not involve prohibited (haram) industries such as alcohol, gambling, or pork.
- Immediate Exchange – Currencies in spot forex must be exchanged immediately (hand-to-hand or spot).
How Forex Trading Can Be Sharia-Compliant
To ensure compliance, Muslim traders in Ivory Coast should:
- Use a regulated broker that offers Islamic (swap-free) accounts.
- Avoid brokers or trades that involve hidden fees or interest.
- Focus on spot forex trading (not futures or options) to avoid speculation.
- Confirm that the broker does not use your funds in non-Sharia-compliant activities.
Yes, forex trading in Ivory Coast can be Sharia-compliant, but only when conducted through a halal trading account and following Islamic finance principles. Muslim traders should seek out brokers that explicitly offer Islamic (swap-free) accounts and ensure that their trading activity avoids interest, speculation, and non-halal instruments.
In Conclusion
For Muslim traders in Ivory Coast, accessing the forex market while staying true to Sharia principles is entirely possible thanks to reputable brokers offering Islamic (swap-free) accounts. These accounts eliminate interest (riba) on overnight positions and provide a halal way to engage in trading.
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Frequently Asked Questions
Does FXTM offer Islamic accounts?
Yes. FXTM provides Islamic (swap-free) accounts for Muslim traders who wish to trade by Sharia law, which prohibits earning or paying interest.
Is FP Markets a safe broker?
Yes. It is a well-regulated broker with segregated client funds, negative balance protection, and a long-standing reputation in the industry (since 2005).
What types of accounts does HFM offer?
HFM offers various account types for all levels of traders: Micro Account, Premium Account, Zero Spread Account, Pro Account, and an Islamic Account.
How can I contact Vantage Fx customer support?
Vantage Fx offers 24/7 customer support through: Live chat, Email, and Phone support.
What funding methods are available at AvaTrade?
AvaTrade supports multiple funding options, including: Credit/debit cards, Bank wire transfers, and E-wallets like Skrill and Neteller.
What is an Islamic (swap-free) forex account?
An Islamic account is a type of trading account that complies with Sharia law by eliminating interest charges (riba) on overnight positions.
Are Islamic accounts available in Ivory Coast?
Yes. Several global forex brokers offer Islamic accounts to residents of Ivory Coast, including AvaTrade, FXTM, FP Markets, HFM, and Vantage FX.
Do Islamic accounts have hidden fees?
While Islamic accounts do not charge interest, some brokers may apply an administrative fee for positions held overnight beyond a certain period.
Can non-Muslims use Islamic accounts?
Some brokers allow it, but most require a declaration of faith or justification before enabling swap-free conditions.
Top 4 Brokers
