Best Crypto Brokers For Swap-Free Trading (2025)

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Go to broker’s website OKX Overview

If you're too busy to read the entire article and want a quick answer, the best crypto broker for swap-free trading for 2025 is OKX. Why? Here are its key advantages:

Is legit in your country (Identified as United States )
Has a good user satisfaction score 8.9 out of 10
Global access and asset variety
Transparent fee structures

Go to broker’s website OKX Overview

Below, we'll explain in more detail why we believe this and how brokers were evaluated.

Best сrypto brokers for swap-free trading in 2025:

Plus500 - Best premium client support (personal manager, exclusive analysis, webinars)
Pepperstone - Best for scalping strategies (spread from 0 pips)
OANDA - Best for trading with advanced technical analysis tools (TradingView charts support)
FOREX.com - Diverse range of tradable assets (80+ currency pairs)
Fyntura - A broker offering trading in Forex, CFDs, and cryptocurrencies on the MetaTrader 4 platform with leverage of up to 1:500.

Understanding crypto trading can be tricky, especially if you’re looking for swap-free options that fit your needs and values. As we head into 2025, more traders want swap-free accounts to avoid hidden costs or comply with Sharia law. But picking the right broker matters — a good choice makes trading smooth, while a bad one can cause headaches. This guide breaks down the best brokers for swap-free crypto trading, showing what makes each one stand out so you can choose confidently.

Best сrypto brokers for swap-free trading

A Forex swap-free account, also known as an Islamic account, is structured to comply with Islamic financial principles, which prohibit earning or paying interest (riba). In regular Forex trading, holding positions overnight often incurs swap fees based on interest rate differences between currency pairs. These charges, either added or credited, make traditional trading incompatible with Sharia law.

Islamic accounts eliminate such fees. Instead of interest-based swaps, brokers may apply alternative fees, like increased spreads or fixed administrative charges, to maintain profitability. It's worth mentioning that swap-free accounts aren't restricted to Muslim traders; anyone wishing to avoid overnight interest fees for personal or strategic reasons can use them. However, different brokers have varied policies regarding eligibility and associated costs, so it’s essential to review each broker’s terms to ensure transparency and compliance with your needs.

To choose the best crypto broker for swap-free trading in 2025, we have created a comparison table highlighting the key features of top companies.

Best сrypto broker for swap-free trading
	Min. deposit, $	Min Spread EUR/USD, pips	Max Spread EUR/USD, pips	Max. Regulation Level	Open account
Plus500	100	0,5	0,9	Tier-1	Open an account Your capital is at risk.
Pepperstone		0,5	1,5	Tier-1	Open an account Your capital is at risk.
OANDA		0,1	0,5	Tier-1	Open an account Your capital is at risk.
FOREX.com	100	0,7	1,2	Tier-1	Study review
Fyntura	10	0,7	1,3		Open an account Your capital is at risk.

Is Forex trading halal or haram?

The permissibility of Forex trading in Islam is a subject of debate, largely depending on the trading approach. Key concerns include riba (interest), gharar (excessive uncertainty), and speculation.

Riba (Interest). Islamic finance strictly forbids charging or earning interest. In conventional Forex accounts, holding positions overnight may result in swap charges (interest), conflicting with this principle. Islamic or swap-free accounts, however, are designed to eliminate this issue.
Gharar (Uncertainty). Some scholars argue that Forex trading carries a high level of uncertainty due to frequent currency fluctuations, which could render it haram (forbidden). Others believe that since currency exchange is essential for global trade, Forex can be considered halal (permissible) if conducted with controlled speculation.
Speculation. Forex involves a level of speculation, which some view as similar to gambling, prohibited in Islam. However, many scholars suggest that if trades are approached with careful analysis, sound risk management, and minimized speculation, Forex trading can be halal.

How to select a swap-free account

Finding the right swap-free Forex broker can be challenging with so many options available. The following factors can help you make the best choice for your trading needs:

Broker reputation and regulation
Look into the broker’s history, read customer reviews, and verify that they are licensed by recognized regulatory bodies such as the FCA, ASIC, CySEC, or other reputable authorities.
Alternative fees or costs
Swap-free accounts may have different fee structures to cover the absence of swap charges. Some brokers adjust spreads or charge a commission on trades. Compare these fee structures among brokers to find the most cost-effective choice.
Customer support
Opt for a broker with strong customer service and a range of educational resources, especially if you're still learning about trading. Availability of support through multiple channels, like live chat and phone, can be crucial if you need assistance.
Demo accounts
Practice accounts are essential for gaining experience before trading live. Look for a swap-free broker that offers a demo account so you can learn the basics and test strategies risk-free.
Trading platform and tools
Evaluate the trading platforms offered, such as MT4 or MT5, and ensure they are user-friendly and meet your needs. Check for features like access to technical analysis tools and support for automated trading systems if you use Expert Advisors (EAs). A reliable and well-equipped platform is essential for effective trading.
Islamic compliance certification
If you are choosing a swap-free account for religious reasons, ensure the broker’s offering is genuinely Sharia-compliant. Some brokers have certifications from recognized Islamic financial institutions, adding a layer of assurance that the account adheres to Islamic principles.

Don’t stop at checking for no overnight fees

If you’re just starting out with crypto trading and need a swap-free account, don’t stop at checking for no overnight fees. Look at how the broker makes up for the lost interest — some sneak in higher spreads or extra commissions. Paying attention to these hidden costs now can save you from headaches later. Also, be sure to look into trading features like leverage and how quickly your orders go through, as these can make or break your trading game.

Also, don’t just pick any broker that offers a swap-free account — check if it is trustworthy and properly regulated. A fancy website doesn’t always mean a safe trading experience. Look for brokers with a solid track record and clear policies. It also helps if the broker offers lessons and resources to get you up to speed. A company that’s invested in helping you learn is usually one you can trust. Plus, understanding the basics from the start will keep you from making costly beginner errors.

Methodology for compiling our ratings of crypto exchanges

Traders Union applies a rigorous methodology to evaluate crypto exchanges using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Exchanges are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Exchanges are assessed based on the variety, quality, and features of platforms offered to clients.
Extra services. Unique value propositions and useful features that provide traders with more options for yield generation.
Other factors like brand popularity, client support, and educational resources are also evaluated.

Conclusion

Choosing the right crypto broker for swap-free trading in 2025 can significantly impact your trading success. It’s not just about avoiding overnight interest fees but ensuring that your broker offers clear and fair terms, robust regulatory protection, and advanced tools to support your strategies. Focus on brokers with transparent cost structures and efficient platforms that cater to your trading needs, whether you’re focused on ethics or simply looking to minimize trading expenses. Taking the time to compare options carefully will empower you to trade with greater confidence and efficiency, maximizing your returns while staying aligned with your financial or ethical preferences.

FAQs

What is a swap-free account, and how does it work?

A swap-free account, also known as an Islamic account, removes interest charges on overnight positions to comply with Islamic finance principles. Instead of swap fees, brokers may charge other fees or increase spreads to cover the cost of this account type. These accounts are open to anyone looking to avoid swap fees, not just Muslim traders.

How can I choose the best broker for swap-free trading?

Selecting the right swap-free broker involves researching the broker’s reputation, fee structure, available support, demo account options, and trading platforms. Look for brokers regulated by reputable authorities and offering competitive spreads or commission rates that suit your trading style.

Are swap-free accounts more expensive than standard accounts?

Swap-free accounts may come with alternate fees, like higher spreads or small commissions, to offset the absence of interest charges. Comparing the total costs between swap-free and standard accounts will help determine the most cost-effective choice for your trading needs.

Can non-Muslim traders use swap-free accounts?

Yes, swap-free accounts are available to all traders, regardless of religious affiliation. Many traders choose these accounts to avoid swap fees for various reasons, including trading strategies that involve holding positions overnight.

Team that worked on the article

Parshwa is a content expert and finance professional possessing deep knowledge of stock and options trading, technical and fundamental analysis, and equity research. As a Chartered Accountant Finalist, Parshwa also has expertise in Forex, crypto trading, and personal taxation. His experience is showcased by a prolific body of over 100 articles on Forex, crypto, equity, and personal finance, alongside personalized advisory roles in tax consultation.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

Expert Advisor

An Expert Advisor (EA) is a piece of software or script used in the MetaTrader trading platform to automate trading strategies. EAs are programmed to execute trading decisions based on predefined criteria, rules, and algorithms, allowing for automated and systematic trading without the need for manual intervention.

Trading system

A trading system is a set of rules and algorithms that a trader uses to make trading decisions. It can be based on fundamental analysis, technical analysis, or a combination of both.

Risk Management

Risk management is a risk management model that involves controlling potential losses while maximizing profits. The main risk management tools are stop loss, take profit, calculation of position volume taking into account leverage and pip value.

Cryptocurrency

Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.

Forex Trading

Forex trading, short for foreign exchange trading, is the practice of buying and selling currencies in the global foreign exchange market with the aim of profiting from fluctuations in exchange rates. Traders speculate on whether one currency will rise or fall in value relative to another currency and make trading decisions accordingly. However, beware that trading carries risks, and you can lose your whole capital.

Top 5 companies for you

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