#1 Rated Broker
Pepperstone
4.1Capital at risk · T&Cs apply
Top Islamic forex brokers accepting traders from Iran. Swap-free halal accounts with no riba. Compare Sharia-compliant brokers with Islamic trading accounts.
How we rank brokersBased on our 2026 quantitative rating of 32 brokers, Pepperstone (4.12/5), OANDA, and FxPro rank as the top choices. Pepperstone leads with regulation from ASIC, FCA and 0 pips min spread. Rankings are calculated algorithmically — no paid placements.
| Broker | Min Deposit | EUR/USD Spread | Regulation | Score |
|---|---|---|---|---|
| Pepperstone | $200 | 0.0 pips | ASIC, FCA | 4.12/5 |
| OANDA | $0 | 0.6 pips | FCA, CFTC | 4.09/5 |
| FxPro | $100 | 0.6 pips | FCA, CySEC | 4.09/5 |
Iran has a population of approximately 85 million, almost entirely Muslim. Islamic finance principles are embedded in the Iranian banking system, making swap-free forex accounts essential for Iranian traders seeking international market access. All brokers listed here offer verified Sharia-compliant accounts with no overnight interest charges.
Due to international sanctions, many major brokers restrict Iranian IP addresses and passports. The brokers on this list are selected from those known to have more permissive access policies — traders should verify current availability directly with each broker. VPN usage is common but may violate broker terms of service. Islamic account availability is universal among these brokers, all of which hold international regulatory licences.
See all forex brokers available in Iran →
Also see Islamic brokers in: UAE · Turkey · Pakistan
📊 Also interested in CFD trading in Iran? See best CFD brokers in Iran →
The legal position for individual Iranian traders is complex. Iran's domestic regulations do not explicitly prohibit individuals from trading on international platforms for personal purposes. However, international sanctions (US OFAC, EU) create compliance obligations for brokers that often result in account restrictions for Iranian passport holders. Traders should seek independent legal advice regarding their personal situation and obligations.
The brokers listed on this page have been selected from those known to have more permissive policies toward Iranian traders. Exness, HFM, FxPro and IC Markets have historically served Iranian clients, but availability varies and policies change. Always contact the broker's support team directly before depositing to confirm your Iranian passport will be accepted for KYC verification.
Yes. Iran's banking system operates under the Islamic Republic's Usury-Free Banking Law, which prohibits riba across all financial institutions. Iranian traders are therefore particularly familiar with Islamic finance principles. Swap-free forex accounts align directly with this existing framework, making them the natural account type for Iranian traders on international platforms.
Cryptocurrency (USDT, Bitcoin) is the most practical withdrawal method for Iranian traders, given the exclusion of Iranian banks from SWIFT and conventional international payment systems. Some brokers offer crypto wallet withdrawals directly from the trading account. Processing times for crypto withdrawals are typically 1–4 hours.
Based on our scoring algorithm, Pepperstone currently ranks #1 with a score of 4.1/5. Scores are recalculated every 24 hours as broker data changes.
Stocks 72%, Crypto 49%, Forex 36%
BrokerRank Research — What markets do brokers actually cover?
Regulation Has 0.84 Correlation With Rating
BrokerRank Research — Which factors matter most?
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
Our #1 pick for 2026
Pepperstone
How do we rank brokers?
Our algorithm weights regulation (25%), fees (20%), platform (15%), markets (10%), trust (15%) and UX (15%). No paid placements — ever.
Trading involves risk of loss. Rankings are for informational purposes only — not financial advice. Full risk disclosure.
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Min. Deposit
$200
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$0
Max Leverage
1:50
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$50
Max Leverage
1:30
Spreads From
1 pips
Commission
$0
Commission-free
Min. Deposit
$100
Max Leverage
1:300
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$100
Max Leverage
1:400
Spreads From
0.9 pips
Commission
$0
Commission-free
Min. Deposit
$20
Max Leverage
1:200
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$5
Max Leverage
1:1000
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$1
Max Leverage
1:3000
Spreads From
0 pips
Commission
$0
Commission-free
Min. Deposit
$200
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$50
Max Leverage
1:30
Spreads From
0 pips
Commission
3
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$5
Max Leverage
1:2000
Spreads From
0 pips
Commission
3
Min. Deposit
$10
Max Leverage
1:2000
Spreads From
0.1 pips
Commission
3.5
Min. Deposit
$100
Max Leverage
1:300
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
Min. Deposit
$1
Max Leverage
1:1000
Spreads From
0 pips
Commission
$0
Commission-free
Min. Deposit
$10
Max Leverage
1:2000
Spreads From
0.1 pips
Commission
0.5
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
2.25
Min. Deposit
$250
Max Leverage
1:500
Spreads From
0.7 pips
Commission
$0
Commission-free
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0 pips
Commission
2
Min. Deposit
$10
Max Leverage
1:2000
Spreads From
0 pips
Commission
2
Min. Deposit
$10
Max Leverage
1:2000
Spreads From
1.5 pips
Commission
$0
Commission-free
Min. Deposit
$25
Max Leverage
1:1000
Spreads From
0 pips
Commission
$0
Commission-free
Min. Deposit
$5
Max Leverage
1:1000
Spreads From
0.4 pips
Commission
$0
Commission-free
Min. Deposit
$10
Max Leverage
1:500
Spreads From
0.4 pips
Commission
$0
Commission-free
Min. Deposit
$200
Max Leverage
1:500
Spreads From
0.5 pips
Commission
$0
Commission-free
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3
Min. Deposit
$10
Max Leverage
1:777
Spreads From
0 pips
Commission
3.5