Islamic Accounts · Updated August 2026
Best Swap-Free (Islamic) Forex Brokers in Indonesia
Sharia-friendly accounts with no overnight swap (riba) for Indonesian Muslim traders — plus high leverage and low deposits. Broker forex tanpa swap (akun Islami) terbaik untuk trader Indonesia.
Quick answer
Every broker below offers an Islamic / swap-free account type to Indonesian residents — overnight swap is replaced by a fixed administration fee. They are ranked on overall quality; confirm each broker's swap-free terms before funding. See our full best forex brokers in Indonesia guide for the complete comparison.
Compare swap-free brokers for Indonesia
| # ▲▼ | Broker ▲▼ | Score ▲▼ | Cost/Lot ▲▼ | Min Deposit ▲▼ | EUR/USD ▲▼ | Max Leverage ▲▼ | Regulators ▲▼ | Platforms ▲▼ | Action |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  | 9.4 | $7.00 | None | 0.0 pips (Razor), 0.69 pips (Standard) | Up to 1:500 | ASICAustralia | MetaTrader 4, MetaTrader 5, cTrader, TradingView | |
| 2 |  | 9.4 | $7.00 | $10 | 0.0 pips (Raw), 0.3 pips (Pro), 1.0 pips (Standard) | Up to 1:2000 | FSASeychelles | MetaTrader 4, MetaTrader 5, Exness Terminal, Exness App | |
| 3 |  | 8.7 | $6.00 | None | 0.0 pips (ECN Prime), 0.8 pips (Standard) | Up to 1:500 | FMANew ZealandFSASeychelles | MetaTrader 4, MetaTrader 5, cTrader, TradingView | |
| 4 |  | 8.7 | $9.00 | €100 | 0.9 pips typical | Up to 1:400 | ASICAustraliaFSCASouth AfricaFSAJapan | MetaTrader 4, MetaTrader 5, AvaTradeGO, WebTrader, AvaOptions, AvaSocial | |
| 5 | T TickmillEU | 8.5 | $6.00 | €100 | 0.0 pips (Raw), 1.6 pips (Classic) | Up to 1:500 | FSASeychelles | MetaTrader 4, MetaTrader 5, Tickmill App | |
| 6 | TN Trade NationEU | 8.3 | $6.00 | None | 0.6 pips (fixed) | Up to 1:200 | SCBBahamas | TN Trader, Trade Nation App, MetaTrader 4, TradingView |
Risk warnings
72.9% of retail CFD accounts lose money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
73.7% of retail CFD accounts lose money.
How swap-free (Islamic) accounts work
When you hold a forex position overnight, a swap (rollover interest) is normally credited or debited based on the interest-rate differential of the pair. Because that interest is a form of riba, it is not permitted under Sharia. A swap-free / Islamic account removes the swap and instead applies a transparent fixed administration fee on positions held beyond a set number of days. This lets Indonesian Muslim traders hold positions without paying or earning interest. The exact fee structure, covered instruments and any holding-period limit differ by broker — check them in writing before you commit.
Frequently asked questions
What is a swap-free (Islamic) forex account?
A swap-free or Islamic account removes the overnight swap (rollover interest) charged or paid when a position is held past the daily cut-off. Because swap is a form of interest (riba), it is avoided under Sharia principles. Brokers instead apply a fixed administration fee on positions held beyond a set number of days, so Muslim traders can hold positions without paying or receiving interest.
Which brokers offer the best swap-free accounts in Indonesia?
Exness, XM, Pepperstone, AvaTrade and other global brokers offer Islamic / swap-free account types to Indonesian residents, usually available on request or as a dedicated account type. Compare the swap-free terms — the administration-fee structure, the instruments covered and any holding-period limit — before funding.
Is there a time limit on swap-free positions?
Often, yes. Many brokers offer swap-free trading with no charge for a number of days (for example the first few days), then apply a fixed administration fee if the position is held longer. Terms vary by broker and account type — always confirm the exact swap-free policy in writing before you rely on it.
Is swap-free trading legal and available in Indonesia?
Yes. Swap-free accounts are widely available to Indonesian traders through international brokers' global entities. Forex trading itself is legal and supervised domestically by BAPPEBTI. Choose a well-established broker and understand which entity holds your funds and the protections that apply.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. UK retail leverage limits apply (FCA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.
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