Best Islamic Forex Brokers Malaysia 2026
Compare top Swap-Free (Halal) forex accounts for Malaysian traders. 100% Sharia compliant with no hidden fees.
Written by
James Wilson
Fact Checked by
Edith Balazs
Top Halal Forex Brokers in Malaysia
For Muslim traders in Malaysia, adhering to Sharia law is essential. We have selected brokers that offer 100% swap-free Islamic accounts, ensuring no Riba (interest) is charged or earned on overnight positions.
Is forex trading halal in Malaysia?
Forex trading spot (cash) is generally considered Halal if there is no Riba (interest). Islamic accounts remove swap interest to comply with Sharia.
Islamic Features
All listed brokers offer Swap-Free options.
| Broker | ||
|---|---|---|
| XM | $0 | |
| Exness | $0 | |
| HFM | $0 | |
| FXTM | $0 | |
| AvaTrade | $0 | |
| OctaFX | $0 | |
| FBS | $0 | |
| JustMarkets | $0 | |
| Pepperstone | $0 | |
| IC Markets | $0 |
Detailed Broker Analysis
Top Islamic Broker.
XM offers a fully compliant Islamic account with no swap charges on overnight positions. Very popular in Malaysia.
No Swap Fees.
OctaFX promotional campaigns focus heavily on Islamic trading conditions and local bank support in Malaysia.
Swap-Free Gold.
Exness offers extended swap-free status even on Gold and cryptocurrencies for Muslim traders.
100% Sharia.
HFM provides a transparent Islamic account option with no hidden administration fees.
High Leverage.
FBS makes it easy to switch to an Islamic account and trade with high leverage.
Frequently Asked Questions
Why Trust BrokerAnalysis?
Our reviews are built using verified broker data, regulatory records, and hands-on testing. Rankings are updated regularly and are not influenced by paid placements.
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.
Rankings based on verified data and hands-on testing. See our methodology →
January 2026