In order to trade successfully, it is very important to choose the right broker. in Iran, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best forex brokers for swap-free trading in Iran 2026. You can compare their features and trading conditions.
1
InstaForex - Best for swap-free trading in Iran
Disclaimer: InstaForex Global services are not available to citizens and residents of the European Union. Service availability, trading conditions, leverage, promotions, and products may vary depending on jurisdiction and applicable regulations.
InstaForex is a leading broker with over 7,000,000 clients. The company provides access to 2,500+ trading instruments, including Forex pairs, stocks, indices, commodities, and cryptocurrencies. Clients can benefit from competitive spreads starting from 0 pips, leverage up to 1:1000, and access to non-standard technological solutions like synthetic securities. The average execution speed is 0.1 sec.
The broker offers a wide range of cryptocurrency CFDs, with over 70 instruments available and zero spreads on major cryptocurrencies. Additionally, it supports passive investment options including PAMM accounts, copy trading services, and unique offering - OYS portfolios. The company provides responsive client support and insurance coverage up to €20,000 under European regulation.
👍 Advantages of trading with InstaForex for traders from Iran:
•2,500+ trading instruments.
•Passive investment products.
•Non-standard technological solutions.
•European regulation and IFC compensation fund.
•Comfortable trading conditions.
👎 Disadvantages of InstaForex for traders from Iran:
•Tough conditions for retail European traders due to regulations.
•Transaction copy delay — up to 15 seconds.
2
NPB Markets - Best for swap-free trading in Iran
NPB Markets is a long-standing broker offering competitive spreads from 0.0 pips (Zero and Zero Cent accounts) and leverage up to 1:2000. Traders can access various markets, including Forex, cryptocurrencies, oil, stocks, and indices. Account types range from the beginner-friendly Master account to more advanced options such as Expert and VIP accounts. NPB Markets is known for its high order execution speed (50-70 ms), making it suitable for scalping and high-frequency trading. Moreover, the broker explicitly states that such approaches are welcome. However, clients should note that the only trading platform available is MetaTrader 4. NPB Markets does not have licenses from major regulators, but the broker is a member of the Financial Commission, which provides a certain level of deposit insurance and dispute resolution.
👍 Advantages of trading with NPB Markets for traders from Iran:
•Best market prices, backed by the liquidity of Tier 1 banks and ECN systems.
•Membership in the Financial Commission.
•Social trading on the NPBInvest service.
•Analytical portal with trading signals and strategies.
•Loyal trading conditions.
•Scalping, hedging/locking, algorithmic high-frequency trading on all account types.
👎 Disadvantages of NPB Markets for traders from Iran:
•There are no regulatory licenses.
3
AMarkets - Best for swap-free trading in Iran
AMarkets provides a wide range of trading instruments, including Forex, stocks, commodities, and cryptocurrencies.
With average execution speeds of 35-50ms and floating spreads from 0 pips on the ECN account, it implements a low-latency environment suitable for high-frequency and scalping strategies. Leverage up to 1:3000 is available across account types. Traders can utilize advanced analytical tools like AutoChartist, Trade Analyzer, Sentiment Indicator, and a large database of EAs. The broker’s copy trading platform allows investors to seamlessly copy successful trading strategies. While offshore regulated, the broker offers additional security through a compensation fund and independent third-party audits. AMarkets LTD is registered and licensed as an international brokerage and clearing company in the Island of Mwali (Comoros) with license number T2023284 and supervised by the Mwali International Services Authority (MlSA).
AMarkets provides a robust environment for those looking for advanced trading conditions.
👍 Advantages of trading with AMarkets for traders from Iran:
•Order execution speed is 35–50 ms.
•Average market spreads from 0.3 pips.
•Newest passive investment platform.
•A set of analytical tools.
•Compensation fund.
👎 Disadvantages of AMarkets for traders from Iran:
•Expert advisors with basic settings are unprofitable.
•Launching templates without preliminary testing is strongly not advised.
•There is no information about how the rating of managers is formed.
4
M4Markets - Best for swap-free trading in Iran
The M4Markets broker offers contracts for difference (CFDs) on currency pairs, cryptocurrencies, stocks, indices, commodities, energies, and metals. This broker provides a free demo account, four real accounts, and an Islamic (swap-free) account option. Spreads and commissions depend on the selected account, with minimum spreads starting from 0 pips and fees from $0. The initial minimum deposit is $5. Traders can use USD, EUR, JPY, or ZAR as the base currency for their accounts. Trading with dynamic leverage up to 1:5000 is available. This broker does not impose restrictions on trading styles and strategies, and traders can use expert advisors. Additional earning opportunities include a copy trading service, MAM and PAMM accounts, and a “Refer a Friend” program. Educational materials and basic analytical tools are also provided. Client support is available 24/7 and offered in 10 languages.
👍 Advantages of trading with M4Markets for traders from Iran:
•Low entry barrier due to a minimum deposit of $5.
•MT4 and MT5 trading platforms are available.
•This broker offers several hundred assets across seven groups, providing a high-profit potential when combined with dynamic leverage up to 1:5000.
•Traders can expect optimal trading conditions by choosing from four real accounts (plus a swap-free trading option).
•The platform offers various alternative earning options, including joint accounts, copy trading, and a referral program.
•Trader costs are minimized, as some accounts have no trading commissions, and this broker does not charge withdrawal fees.
•Desktop and mobile versions of MT are available, and the copy trading service is presented as an integrated proprietary solution.
•This broker's website features an economic calendar, various calculators, signals, market sentiment indicators, and other tools.
👎 Disadvantages of M4Markets for traders from Iran:
•This broker has an extensive pool of financial instruments, but it's important to note that all of them are CFDs.
•This broker does not cooperate with residents of Cuba, Sudan, Syria, North Korea, and several other countries.
5
Trademax - Best for swap-free trading in Iran
Trademax (TMGM) is a CFD and Forex broker operating since 2013. The company offers its clients trading in five asset classes, including currency pairs, equity contracts, indices, energy and precious metals. Trademax has two offices, one in Australia (where the broker was founded) and one in Vanuatu. Services are provided under licenses from the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC).
👍 Advantages of trading with Trademax for traders from Iran:
•more than 15,000 trading instruments.
•Spreads from 1.0 pips.
•HUBx copy trading service.
•3 trading terminals.
•Training for traders
👎 Disadvantages of Trademax for traders from Iran:
•No MAM or PAMM accounts.
•You cannot access your account without verification.
•Support works 24/5.
TOP 5 Comparison
This table makes it easy to compare the best forex brokers for swap-free trading in Iran for 2026 by placing their information side by side all in one place. The table includes the categories that are most important when deciding on a broker to work with. The data contained in this table is verified and only includes the most reputable brokers.
| InstaForex | NPB Markets | AMarkets | M4Markets | Trademax | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, MultiTerminal, Mobile Trading, MT5, WebTrader |
MT4 |
MT4, MT5, AMarkets App |
MT4, MT5 |
MT4, MT5, IRess |
|
Min deposit |
$1 |
$10 |
$100 |
$5 |
$100 |
|
Leverage |
From 1:1 |
From 1:200 |
From 1:1 |
From 1:1 |
From 1:100 |
|
Trust management |
Yes |
No |
No |
No |
No |
|
Accrual of % on the balance |
No |
No |
No |
No |
No |
|
Spread |
From 0 points |
From 0 points |
From 0 points |
From 0 points |
From 0 points |
|
Level of margin call / stop out |
No |
No |
No |
No |
No |
|
Execution of orders |
Instant Execution |
Instant Execution, Market Execution |
Market Execution, Instant Execution |
Market Execution |
Market Execution |
|
No deposit bonus |
No |
No |
No |
No |
No |
|
Cent accounts |
Yes |
Yes |
No |
No |
No |
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
InstaForex Commissions and Fees
Traders Union specialists have analyzed InstaForex trading conditions for explicit and hidden commissions. All information on the size of commissions contained is on the broker's website. Trading account replenishment through the popular payment system takes place without commission. The commission is charged only by the bank or e-payment system. Information on the amount of commission fees is available on their website. Withdrawal fees range from 0.5% to 3.5%, depending on the electronic payment system. PayCo does not charge a withdrawal fee.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Insta.Standard (FSC) |
From 3-7 USD |
yes |
|
Insta.Eurica (FSC) |
From 0 USD |
yes |
|
Cent.Standard (FSC) |
From 3-7 USD |
yes |
|
Cent.Eurica (FSC) |
From 0 USD |
yes |
|
ECN.MT4 (CySEC) |
From 10 USD |
Yes |
|
ECN VIP.MT4 (CySEC) |
From 3 USD |
No |
|
ECN Pro.MT4 (CySEC) |
From 7 USD |
Yes |
|
All ECN-accounts MT5 (CySEC) |
From 0 USD |
No |
NPB Markets Commissions and Fees
TU experts analyzed trading conditions of the broker . The results are as follows:
1. Declared spreads depend on the asset type. For example, if the declared spread on the Master account is from 0.8 pips, for non-major currency pairs it is over 1.6 pips. The exact spread can be found in the specification only.
2. On the Zero account with zero spreads the declared fee of $8 is for currency pairs only. On other assets it can exceed $15-$20.
3. Deposit fee is charged for bank transfers. The 0% withdrawal fee applies only to the first transaction.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Master |
from $8 |
Yes |
|
Expert |
from $6 |
Yes |
|
VIP |
from $4 |
Yes |
AMarkets Commissions and Fees
Traders Union analysts have analyzed trading conditions and the offer of AMarkets to check for evident and hidden fees. There are no hidden fees and the deposit fee is not charged. The broker charges a withdrawal fee, which depends on the type of the transfer and the payment system. On average, the fee ranges from 0.5% to 0,5-1.8% and does not depend on the account type.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
from 13$ |
Yes |
|
Fixed |
from 30$ |
Yes |
|
ECN |
from 0$ |
Yes |
|
Zero |
from 0$ |
Yes |
M4Markets Commissions and Fees
In most cases, brokers charge traders for spreads, trading commissions, and withdrawal fees. Spreads can be either standard or raw, fixed or floating. M4Markets offers floating spreads, which vary for different account types. For example, on the “Standard” account, the spread starts from 1.1 pips, on the account with dynamic leverage, it starts from 1.6 pips, and on other accounts, it starts from 0 pips. Commissions are only applicable to the “Raw Spread” and “Premium” accounts, with commission rates of $3.5 and $2.5, respectively.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
Spread is regular, from 11$, and without commission |
No |
|
Raw Spread |
Raw Spread, from 0$, and commission is $3.5 per lot |
No |
|
Premium |
Unprocessed Spread, from 0$, and commission is $2.5 per lot |
No |
|
Dynamic leverage (1:5000) |
Spread is regular, from 16$, and without commission |
No |
Trademax Commissions and Fees
Traders Union specialists analyzed the trading and non-trading commissions of the broker TMGM. Commissions differ depending on the type of trading account. The variable spread account is charged with a standard spread. The average spread for EUR/USD on Trademax is 1.1 pips. The Raw Spreads account has spreads starting from 0.0 pips, but offers a fixed commission. The commission is 7 USD per trade in both directions, which is equivalent to 3.5 USD per lot in one direction. There is also a commission for inactivity. It is 30 USD per month. It is charged after 6 months with no trades on the live account, and if the account has less than 500 USD.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Variable Spreads Account |
From $10 |
No |
|
Raw Spreads Account |
From $7 |
No |
Summary
Many brokers are available for traders from Iran, but not all of them offer good conditions. In this review, TU experts chose the Best forex brokers for swap-free trading in Iran 2026. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best Forex Brokers For Swap-Free Trading in Iran
| InstaForex | NPB Markets | AMarkets | M4Markets | Trademax | |
|---|---|---|---|---|---|
|
Overall score |
8.4 |
8.13 |
7.65 |
7.05 |
6.9 |
|
Execution of orders |
8.85 |
8.55 |
8.4 |
6.57 |
5.14 |
|
Investment instruments |
9.3 |
4.7 |
5.3 |
8.7 |
9.7 |
|
Withdrawal speed |
5 |
6 |
8 |
8 |
6 |
|
Customer Support work |
7 |
9.5 |
8.1 |
5.4 |
5.9 |
|
Variety of instruments |
8.02 |
5.12 |
8.02 |
8.1 |
6.31 |
|
Trading platform |
9.1 |
6.6 |
6.4 |
5.3 |
5.7 |
|
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FAQ
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
Why is a license important for a broker?
License is the key document testifying to the broker’s reliability. It means that the company complies with the requirements of the financial regulatory authority that issued it. It is recommended that you choose brokers with licenses from top financial regulators: the USA, European Union, the UK, as these jurisdictions have the strictest licensing requirements.
What learning instruments can a broker offer?
Brokers offer various educational options. These include full-fledged educational courses, or video tutorials, articles, and books. Companies also often hold seminars and webinars.
Does the choice of a beginner differ from the choice of an experienced trader?
Yes. A novice trader should primarily consider the availability of educational tools and a demo account, as well as basic assets. A more experienced trader is interested in wider opportunities on advanced account types, a wider choice of instruments for technical analysis, and a greater number of trading instruments.
Best Forex Brokers For Swap-Free Trading by Countries
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
