Our #1 pick for 2026
Pepperstone
ASIC FCA4.1/5
#1 Rated Broker
Pepperstone
4.1Capital at risk · T&Cs apply
Top swap-free Islamic forex brokers for Uzbekistani traders. Compare FCA and ASIC-regulated platforms with Sharia-compliant accounts available in Uzbekistan.
How we rank brokersBased on our 2026 quantitative rating of 27 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 |
Uzbekistan is a Muslim-majority country with over 90% of its 36 million population identifying as Muslim, predominantly Sunni following the Hanafi school. Islam has deep historical roots in Uzbekistan — Samarkand and Bukhara were medieval centres of Islamic scholarship. For Uzbekistani traders, Islamic (swap-free) forex accounts that eliminate riba are a religious requirement, not merely a preference. The country's economic liberalisation since 2016 has opened access to international financial platforms, and FCA and ASIC-regulated brokers offering verified swap-free accounts are the most trusted choices.
Funding from Uzbekistan typically uses USDT cryptocurrency, as the Uzbekistani Som (UZS) is not supported as a base currency at international brokers and international wire transfer infrastructure is limited. Russian-language support remains essential given that Russian is widely used in business and finance alongside Uzbek. Gold (XAU/USD) holds particular cultural and religious significance in Uzbekistan as a traditional store of value, making it the most popular instrument among Islamic traders.
See all brokers available in Uzbekistan →
Also interested in CFD trading? See best CFD brokers in Uzbekistan →
Also see Islamic brokers in: Kazakhstan · Azerbaijan · Turkey
Yes. Uzbekistan's deeply Muslim population has strong demand for Islamic financial products. The country's Islamic banking sector is growing, and swap-free forex accounts are in high demand among retail traders who wish to participate in global markets without violating Sharia principles.
Uzbekistan has been developing its Islamic finance regulatory framework since 2021, with the Central Bank of Uzbekistan issuing guidelines for Islamic banking products. While domestic Islamic banks are still limited, the government has committed to expanding Sharia-compliant financial services — creating a positive environment for Islamic forex account awareness.
USDT cryptocurrency (Tether) is the primary method. Traders purchase USDT through local P2P platforms, then deposit to their broker account. International USD wire transfer from Uzbekistani banks is possible but slower and less commonly used. Some brokers also accept Skrill or Neteller funded via local bank cards.
Gold (XAU/USD) is the top instrument — culturally significant and widely considered permissible under Islamic finance. Oil CFDs (Brent crude) and major forex pairs (EUR/USD, USD/UZS-correlated) round out the typical Uzbekistani Islamic trader portfolio.
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.
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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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$200
Max Leverage
1:500
Spreads From
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Commission
3.5
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$0
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1:50
Spreads From
0.6 pips
Commission
$0
Commission-free
Min. Deposit
$100
Max Leverage
1:500
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0.6 pips
Commission
$0
Commission-free
Min. Deposit
$50
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Spreads From
1 pips
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Commission-free
Min. Deposit
$100
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1:300
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Commission
$0
Commission-free
Min. Deposit
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Max Leverage
1:400
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Commission
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Min. Deposit
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0.6 pips
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3
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1:1000
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0.6 pips
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1:500
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3.5
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1:3000
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1:500
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3.5
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$50
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1:30
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3
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$100
Max Leverage
1:500
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Commission
3
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Max Leverage
1:2000
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Commission
3
Min. Deposit
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Max Leverage
1:2000
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Commission
3.5
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$100
Max Leverage
1:300
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0.6 pips
Commission
$0
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Min. Deposit
$100
Max Leverage
1:500
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0 pips
Commission
3.5
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$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
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$1
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1:1000
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0 pips
Commission
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Min. Deposit
$10
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1:2000
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0.1 pips
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0.5
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$0
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1:500
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Commission
2.25
Min. Deposit
$250
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1:500
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0.7 pips
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Min. Deposit
$100
Max Leverage
1:500
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0 pips
Commission
2
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$10
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1:2000
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1.5 pips
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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