Halal Prop Firms
Shariah-Compliant Prop Firms: Swap-Free Accounts Compared (2026)
Shariah-compliant prop firms are proprietary trading firms whose account structure avoids riba - the interest charged or credited on positions held overnight, known as a swap. In practice that means offering a swap-free or Islamic account. Removing the swap is the baseline requirement, but it does not by itself make an account permissible: that also depends on the instruments traded and the account structure.
Quick answer: Of the 19 firms on this page, 13 have a verifiable swap-free or Islamic account. Three apply it free and automatically to every account, with no request and no fee: Funded Trading Plus, Maven Trading, and AudaCity Capital (Instant Funding programme only). The rest attach conditions, charge for it, or do not offer it at all - the table below shows which is which.
Filter
Showing 1–12 of 19 results
- UK-registered (Acello Ltd); states plainly it is NOT FCA regulated
- Acquired by Instant Funding in May 2026; the CEO has since stepped down
- Static 8% on the 2-Step Classic; Instant and 1-Step Express both TRAIL
- A 3% loss on any single symbol terminates the 2-Step account outright
- The fee rebate was abolished in February 2026 - no refund on any current product
★★★★★
More details +fundedtradingplus
Funded Trading Plus sells three programmes - Instant Funding, 1-Step Express and 2-Step Classic - on MT5 and Match-Trader, with an 80% base split. Two things reshaped the firm in 2026: the entire product line was replaced in February, taking the fee rebate with it, and the company was acquired by Instant Funding in May. It is UK-registered and says plainly that it is not FCA regulated. The 2-Step carries a 3% single-symbol loss limit that terminates the account outright.PROS:
- Instant Funding and 1-Step Express allow payouts from day one, once in profit
- 7-day payout cycle on Instant and 1-Step Express (10 days on 2-Step)
- $50 minimum payout on Instant and 1-Step Express
- EAs, algos and bots are permitted on all programmes
- Static 8% drawdown on the 2-Step Classic
- Swap-free across all programmes; no monthly fees
- UK-registered operating company (Acello Ltd, no. 12696083)
- No minimum trading days and no time limit
CONS:
- The fee rebate was abolished in February 2026 - there is now NO refund on any programme on sale
- 2-Step Classic: a 3% loss on any single symbol terminates the account outright
- 2-Step Classic consistency rule - one strong day can block a pass even if you hit the target
- Instant Funding and 1-Step Express both use a TRAILING drawdown; payouts do not lower the high-water mark
- Weekend holding is not allowed on Instant Funding
- The firm markets a split of up to 100%, but no rule document supports more than 90%
- CFD prop firm trading simulated capital; unregulated
- 80%, 90% or 100% split - a paid choice at checkout, not a performance tier
- E8 Zero: no daily drawdown at all and a 3% STATIC maximum. E8 Pro: 8% static, no consistency rule
- your first payout permanently raises the loss level to your initial balance
- E8’s own example shows a $104,000 account requesting $4,000 and breaching instantly
★★★★★
More details +E8 Markets
E8 Markets (E8 Funding LLC, Dallas + E8 Markets Ltd, Saint Lucia) runs three single-phase products: E8 Zero, E8 One and E8 Pro. Two things dominate. First, the profit split is a PAID CHOICE at checkout — in E8's own words, 'select 80%, 90%, or 100% at checkout. Higher splits cost more upfront,' and the choice is permanent. Second, and more dangerous: on E8 Zero and E8 Pro your first payout permanently raises the loss level to your initial balance. E8's own worked example shows a $104,000 account requesting a $4,000 payout, dropping to $100,000, and BREACHING immediately. Withdrawing your own profit can destroy the account that produced it. E8 Zero also deactivates permanently after 5 payouts, capping lifetime earnings between $15,000 and $35,000 depending on account size. There is no fee refund of any kind.PROS:
- E8 Zero: no daily drawdown at all, and a 3% STATIC max drawdown
- E8 Pro: 8% STATIC drawdown with no consistency rule
- Single-phase evaluations across the whole range — no second phase to grind
- Resets available at a 10% discount (within 7 days of failing)
- Publishes a pass rate (17.7%) — though the window is now over two years stale
- Unregulated and says so plainly; no false regulatory claim
- Choice of drawdown model and split at checkout
CONS:
- THE PAYOUT TRAP: on E8 Zero and E8 Pro, your first payout permanently raises the loss level to your initial balance — E8's own example shows a $104,000 account requesting $4,000 and BREACHING instantly at $100,000
- The 80/90/100% profit split is a PAID CHOICE at checkout — higher splits cost more upfront and are locked for the life of the account
- E8 Zero DEACTIVATES after 5 payouts — capped at $15k ($50K acct) to $35k ($500K acct) lifetime
- E8 Pro's '80% split' is really 40% of profits — only half your profit is ever made requestable
- E8 One's max drawdown TRAILS (4-14%) and breaches on intraday equity
- CFD prop firm trading simulated capital; unregulated
- Split scales to 100% - free and performance-gated, never a paid add-on
- STATIC drawdown across every CFD programme; the floor never trails
- A 3.5% commission is deducted from every cash withdrawal, on all methods
- The 0.5% profitable-day rule is the real gate to getting paid
★★★★★
More details +The5ers
The5ers (Five Percent Online Ltd, a UK company — but contracted under Israeli law with exclusive jurisdiction in Tel Aviv) runs four CFD programmes: Bootcamp, Hyper Growth, Pro Growth and High Stakes. Its real strengths are genuine: drawdown is STATIC on every CFD programme, the split scales to 100% for free rather than as a paid add-on, and High Stakes offers 1:100 leverage. But two things are widely misreported. First, a 3.5% commission is taken from EVERY cash withdrawal — Rise, crypto and bank transfer alike; the only 0% route is non-convertible Hub Credit. Second, the celebrated ~70% fee refund is High Stakes only, is paid as account equity rather than cash, and is itself subject to that 3.5% on the way out. The rule that decides most accounts is the 0.5% profitable-day definition: on a $100K you need $500 of closed profit in a day to qualify, and an open losing position at midnight wipes the day out entirely.PROS:
- Drawdown is STATIC across every CFD programme — the floor never trails you
- The split scales to 100% and it is free and performance-gated, never a paid add-on
- High Stakes runs 1:100 leverage — double most competitors
- A genuine ~70% fee refund exists on High Stakes
- No time limit on any evaluation; one-time fee, no recurring charges
- Forex commission 4 USD per lot round turn; no commission on indices
- MT5, cTrader and TradingView (US traders) supported
CONS:
- A 3.5% commission is deducted from every cash withdrawal — Rise, crypto and bank transfer
- The 0.5% profitable-day rule is the real gate, and an open losing position at midnight destroys the day
- The 70% refund is High Stakes only, paid as equity, and the Terms separately call the fee non-refundable
- The consistency-rule percentage is not disclosed before purchase
- The5ers Futures uses a never-locking trailing drawdown — a trap for CFD traders crossing over
- Binding terms name a UAE company (GrowthNext F.Z.E.) as the contracting party; unregulated
- Base 80%; 90% via Scale-Up; 95% is a paid add-on (+25-30% of the fee)
- Up to 3.5% is deducted from EVERY payout - an "80%" split nets about 77%
- Static on Stellar 1-Step, 2-Step and Lite; only Stellar Instant trails
- The 3% max risk rule: a second breach permanently caps you at 1% risk for life
★★★★★
More details +Funded Next
FundedNext is a UAE proprietary trading firm operating through GrowthNext F.Z.E. (Ajman Free Zone), running the Stellar range: 1-Step, 2-Step, Lite and Instant. Per its own disclaimer it is a simulation-based platform. The base profit split is 80% — 90% is reached through the Scale-Up plan, and 95% is a PAID add-on costing 25–30% on top of the challenge fee. A processing fee of up to 3.5% is deducted from EVERY payout, so a nominal 80% split nets closer to 77%. Since 12 January 2026 the 1-Step split starts at 80% rather than 90% — and resetting an older account moves you onto the newer, worse terms. The 1-Step pays on a 5-business-day cycle; the 2-Step's first cycle is 21 days, then 14 thereafter. Minimum payout from 20 USD, and only 2 minimum trading days on the 1-Step.PROS:
- Static drawdown on Stellar 1-Step, 2-Step and Lite
- The 100% fee refund is standard and free (not an add-on)
- Four platforms: MT4, MT5, cTrader and Match-Trader
- Weekend and overnight holding permitted on CFDs
- Payouts from a $20 minimum, targeted within 24 hours
- No consistency rule on standard CFD accounts
- Scaling to 90% and up to a $4m allocation
- Trustpilot 4.5 from over 73,000 reviews, with no consumer alert
CONS:
- A processing fee of up to 3.5% is taken from every payout - an 80% split nets about 77%
- The base split is 80%; 95% is a paid add-on at +25-30% of the fee
- The 3% max risk rule: a second breach permanently caps you at 1% risk for the life of the account
- News-window profits count at 40%, but news-window losses count at 100%
- Payouts are capped at $2,000 per request for most traders
- Stellar Instant uses a trailing drawdown and has no fee refund
- You contract with FT US Inc (Miami); the terms name an unnamed third party as the funder
- Base 80% (2-Step) or 90% (1-Step, Instant); 100% is a paid add-on
- Static on 2-Step PRO6 and PRO10; 1-Step PRO trails and never locks
- The 2% cap is per aggregated trade idea, not per trade - an instant hard breach
- $50 crypto / $200 bank minimum; 21-day cycle; fee refunded on your 2nd payout
★★★★★
More details +Funding traders
Funding Traders sells four evaluations - 1-Step PRO, 2-Step PRO6, 2-Step PRO10 and Instant Funded - on simulated capital, through MetaTrader 5 and TradeLocker. The base split is 80% on the 2-Step products and 90% on 1-Step and Instant, with the headline 100% sold as a checkout add-on. The rule that decides most accounts is a 2% cap on loss per trade idea, enforced as an immediate hard breach. Note the contracting entity is a Florida company that, by its own terms, is not the party that funds or pays you.PROS:
- No time limit on any evaluation phase
- Static drawdown on both 2-Step routes (PRO6 and PRO10)
- 90% base split on 1-Step PRO and Instant Funded
- News trading, weekend and overnight holding permitted on the PRO accounts
- VPNs, VPSs and proxies are explicitly allowed
- Flat, published commission: $3 per lot round turn on the PRO products
- Crypto payouts from a $50 minimum (USDT), or bank transfer via Rise
- Evaluation resets available at a discount rather than a full rebuy
CONS:
- The 2% cap is per aggregated trade idea, not per trade - scale-ins share one budget, and breaching it is an instant hard breach
- 1-Step PRO's 10% max drawdown trails from your highest balance and never locks
- The 100% profit split is a paid add-on (+30% of the fee); 90% costs +15%
- The fee refund lands on your SECOND payout, though the homepage still advertises the first
- Contracting entity is FT US Inc (Miami Beach); the terms say it merely recommends you to an unnamed third-party funder
- No regulator anywhere; governing law is the UAE despite a Florida entity
- One of the very few stock/ETF-focused prop firms — the equities arm of the 5%ers group; simulated US equities
- Signature: a buying-power model for 12,000+ US stocks & ETFs (short-selling, penny stocks), no PDT rule
- A “Pump” scaling engine grows buying power & daily-loss allowance 10% per 10% profit milestone
- Flex (unlimited time) or Max (60-day, cheaper); day buying power $5K–$200K + swing tiers
- 70% profit split; payouts from 14 days ($300 min); US traders welcomed; no futures/crypto
★★★★★
More details +The Trade Pool
Trade The Pool is one of the very few prop firms built specifically for stock and ETF traders, the equities-focused arm of the 5%ers group (Five Percent Online Ltd). It offers simulated trading of more than 12,000 US-listed stocks and ETFs, including short-selling and penny stocks, with no Pattern Day Trader rule, on its own platform built on TraderEvolution. Its defining feature is a buying-power model paired with a Pump scaling engine that grows your buying power and daily-loss allowance by 10 percent at each 10 percent profit milestone. You pick a Flex track with unlimited time and fewer rules, or a cheaper Max track with a 60-day window and a stricter consistency rule, with day-trade buying power from 5,000 to 200,000 plus swing tiers. The profit split is 70 percent, payouts start 14 days after inception with a 300 dollar minimum, and US traders are welcomed. It is simulated and does not offer futures or crypto.PROS:
- One of the few genuine stock and ETF prop firms
- Buying power for 12,000-plus US stocks and ETFs, including short-selling, no PDT rule
- Pump scaling grows buying power with performance
- Flex (unlimited time) or cheaper Max (60-day) tracks
- US traders explicitly welcomed
CONS:
- Simulated, not real share ownership, and unregulated
- Modest 70 percent profit split by current standards
- Up-to-72-hour risk review before payout
- CFD prop firm trading simulated capital; unregulated
- The split is a payout-frequency trade-off: monthly 100%, on-demand 90%, bi-weekly 80%, WEEKLY just 60%
- Profit Concentration Policy (June 2026): one big evaluation trade attaches a 4-profitable-day gate to every future payout
- Weekend holding suspended on funded accounts across all four standard models since 29 January 2026
- Payout terms and the June 2026 payout report are set out in the review
★★★★★
More details +Funding Pips
Funding Pips is a Comoros-registered prop firm (FundingPips Corp) with an administrative base in Dubai. All accounts are simulated. The advertised "up to 100%" profit split is neither a tier you earn nor an add-on you buy - it is a payout-frequency trade-off: weekly pays 60%, bi-weekly 80%, on-demand 90% and monthly 100%. That makes it the only major firm whose top split is free and rule-based rather than bought or scaled into. Maximum drawdown is STATIC on all four standard models (a floor that never moves) - the exceptions are FundingPips Zero, which trails at 5% and is by far the strictest product here, and Prime, which trails at 8%. Six programmes, fees from 29 to 888 USD, max allocation 400,000 USD, and Prime scaling to 2,000,000. Weekend holding has been suspended on funded accounts since January 2026. The challenge fee is refunded at your 4th reward on 1 Step and 2 Step Standard only - reset fees never are.PROS:
- 100% profit split is genuinely FREE and rule-based - you just accept a 30-day payout cycle (rivals charge for it or make you scale)
- Maximum drawdown is STATIC on all four standard models - the floor never moves
- No time limit on any evaluation
- 2 Step Pro is the quiet bargain: cheapest fees, 1-day minimum, and the Risk Per Trade Idea rule removed entirely
- No commission at all on indices or energies; 5 USD per lot on forex and metals
- Challenge fee refunded at your 4th reward on 1 Step and 2 Step Standard
- Max allocation now 400,000 USD; Prime scales to 2,000,000
- MT5, cTrader and Match-Trader
CONS:
- Weekly payouts pay only 60% - the fastest cycle costs you 40% of your profit
- Weekend holding SUSPENDED on funded accounts across all four standard models since 29 Jan 2026
- Profit Concentration Policy (June 2026): one big winning trade in your evaluation permanently attaches a 4-profitable-day gate to EVERY future payout
- Resets cost 90% of the fee and are never refunded - the '4th reward refund' returns only your original fee
- FundingPips Zero is the strictest product here: 5% TRAILING drawdown, a 1% floating-loss hard breach, no reset, and four simultaneous payout gates
- Fee refund excludes 2 Step Pro, 2 Step Flex and Zero
- Budget-focused, community-driven UAE prop firm (Maven Edu FZCO); simulated forex/CFD, crypto & prediction markets on cTrader/Match-Trader
- Signature: the “M2 Account Saver” circuit-breaker — a 2% floating-drawdown breach halves your split to 50%; a second breach kills the account
- Cheap & flexible: fees from ~$13, a genuine $5 Buy-Now-Pay-Later, instant/1-/2-/3-step, swap-free (zero swaps)
- 80% split (70% on prediction markets); payouts every 10 business days; scaling to $1M
- Watch: a $10,000-per-30-day withdrawal cap (excess voided); US accepted (MT unavailable to US/Canada)
★★★★★
More details +Maven
Maven Trading is a budget-focused, community-driven UAE prop firm, Maven Edu FZCO, operating since 2022. It offers simulated forex/CFD, crypto and even prediction-market trading on cTrader and Match-Trader. Its defining rule is the M2 Account Saver, an automated circuit-breaker on its OMO and Buy-Now-Pay-Later funded accounts: if floating drawdown hits 2 percent of balance, the first breach force-closes your trades and permanently cuts your split from 80 to 50 percent, and a second breach permanently deactivates the account. The other half of its identity is low cost and variety: fees from about 13 dollars, a genuine 5 dollar Buy-Now-Pay-Later, instant, 1-, 2- and 3-step models, and swap-free accounts. The split is 80 percent on core products, or 70 percent on prediction markets, payouts come every 10 business days, and scaling runs to 1 million. US traders are accepted, though MetaTrader is unavailable to US and Canada. Watch the 10,000 dollar per 30-day withdrawal cap.PROS:
- Very low cost: fees from about 13 dollars, plus a 5 dollar Buy-Now-Pay-Later
- Wide variety: instant, 1-, 2- and 3-step, plus an unusual prediction-markets product
- Swap-free (zero swap fees) across all accounts
- 80 percent split on core products; scaling to 1 million
- US traders accepted; strong community and education angle
CONS:
- The M2 Account Saver can permanently halve your split to 50 percent after a 2 percent floating-drawdown breach
- A 10,000 dollar per 30-day withdrawal cap; excess is voided and the account reset
- Aggressive automated compliance and a Trustpilot notice about removed fake reviews
- One of the longest-running prop firms (brand since 2018), built for swing/long-term traders; simulated forex/CFD on MT5 & Match-Trader
- Signature: balance-based drawdown (from closed balance, not floating equity) + no time limits — positions can breathe
- Scaling that doubles the account at each 10% milestone, advertised to $4M (via the funding ladder; evaluations cap ~$200K)
- Offers swap-free Islamic accounts; base split 90% up to 100% at top VIP tier; accepts US traders
- Note: now an offshore/unregulated structure (Comoros/Costa Rica/Dubai), not a UK-regulated broker
★★★★★
More details +City Traders imperium
City Traders Imperium is one of the longest-running prop firms, with a brand dating to 2018 and a reputation built on a long payout track record. It is a simulated forex and CFD firm on MT5 and Match-Trader, built for swing and long-term traders. Its defining features are balance-based drawdown, calculated from closed balance rather than floating equity, with no time limits, and a scaling plan that roughly doubles the account at each 10 percent milestone toward 4 million. It also offers swap-free Islamic accounts. The base split is 90 percent, rising to 100 percent at the top VIP tier, and US traders are accepted. Note it is now an offshore, unregulated structure, not a UK-regulated broker.PROS:
- Long, verifiable payout track record since 2018
- Balance-based drawdown and no time limits suit swing and position traders
- News trading and weekend holding allowed
- Swap-free Islamic accounts available
- Base split 90% up to 100%; accepts US traders
CONS:
- Now an offshore, unregulated, simulated structure (Comoros/Costa Rica/Dubai), not UK-regulated
- Some traders report a monthly withdrawal cap at lower tiers
- Occasional account closures at payout citing high-risk exposure checks
- Fast-growing (launched 2024) simulated prop firm offering forex/CFD and futures on a wide platform set (MT4/MT5, cTrader, DXTrade, Match-Trader, Tradovate)
- Signature: a 1-hour payout guarantee + “Zero Payout Denial Policy,” backed by an independent Deloitte review
- 1-Step Prime, 2-Step Prime/Pro and a Direct (instant) account; forex sizes $2K–$300K
- Base split 80% up to 95%; fee refunded on passing; scaling advertised to $4M; swap-free add-on
- Catch: “zero denial” applies to rule-compliant payouts — consistency/risk rules are where disputes arise; US accepted
★★★★★
More details +Hola Prime
Hola Prime is a fast-growing simulated prop firm that launched in late 2024, offering both forex/CFD and futures on a wide platform set including MT4, MT5, cTrader, DXTrade, Match-Trader and, for futures, Tradovate and NinjaTrader. Its defining feature is a 1-hour payout guarantee with a Zero Payout Denial Policy, unusually backed by an independent Deloitte review that reported 98.35 percent of withdrawals processed within an hour with zero denials. It offers 1-Step Prime, 2-Step Prime and Pro, and a Direct instant account, with forex sizes 2,000 to 300,000, a base split of 80 percent up to 95 percent, the challenge fee refunded on passing, and scaling to 4 million. The caveat is that zero denial applies to rule-compliant payouts, and consistency and risk rules are where disputes arise. Its simulated operations run through Hong Kong and Cyprus entities, with a separate Mauritius broker licence. US traders are accepted.PROS:
- Fast payouts independently verified by a Deloitte review
- Both forex/CFD and futures on a very wide platform set
- 1-Step, 2-Step and Direct instant accounts; base split 80 up to 95 percent
- Challenge fee refunded on passing; scaling advertised to 4 million
- Swap-free add-on; US traders accepted
CONS:
- Zero-denial promise applies to rule-compliant payouts, not a no-breach guarantee
- Documented disputes where consistency or excessive-risk rules voided payouts
- Consistency rule of roughly 35 to 40 percent on some accounts
- Prop firm (ECI Ventures, Singapore) with simulated forex/CFD challenges on cTrader; $2.5k–$300k
- Signature rule: stacked payout caps — lower of a 6–12% balance cap or a flat $5,000; one payout per 7 days
- Split earned by XP rank: 70% base up to 99% (not a paid add-on)
- Drawdown 3% daily / 9% max (trailing 1-stage, static 2-stage); instant is 6% trailing
- Faster (weekly/bi-weekly) payouts are paid add-ons over a 30-day default; $50 minimum
★★★★★
More details +Pip Farm
Pip Farm is a solid, actively-operating simulated firm with some genuinely fair touches: an earned split that climbs to 99% with no paid shortcut, a clean cTrader-only setup, low entry fees and a reasonable Trustpilot. The thing to go in clear-eyed about is how you get paid: the accounts are simulated, the up-to-99% split starts at 70%, faster payouts are paid add-ons over a 30-day default, and stacked payout caps meter your withdrawals out slowly. You do not lose the excess, but cannot pull a large balance quickly.PROS:
- Earned split climbs to 99% via XP rank, no paid shortcut
- Clean, single-platform cTrader setup with institutional data
- Low one-time entry fees, no monthly subscription
- Choice of 1-stage, 2-stage and instant funding across three modes
- Actively operating with a reasonable ~4.0 Trustpilot
CONS:
- Stacked payout caps: lower of a 6-12% balance cap or a flat $5,000, one payout per 7 days
- Up-to-99% split actually starts at 70%
- Weekly/bi-weekly payouts are paid add-ons over a 30-day default
- Dubai (DIFC) prop firm (Finotive Funding Technologies Ltd), operating since 2021; simulated forex/CFD on MT5 & Match-Trader
- Signature: a 10% “strike” soft-breach system — rule breaks cut your next payout to a 10% split rather than closing the account
- Cheap entry (from ~$25), sizes $2,500–$200,000, scaling advertised to $5.4M
- Three families: Challenge, Instant Funding, and Finotive Pro (1% monthly salary + 100% split after 30 days)
- Payouts on demand then ~weekly (Fridays); watch the discretionary “holistic assessment” behind payout reductions
★★★★★
More details +Finotive Funding
Finotive Funding is a Dubai (DIFC) simulated forex and CFD prop firm operating since 2021 on MT5 and Match-Trader. Entry is cheap from about 25 dollars, sizes run 2,500 to 200,000 dollars, and scaling is advertised to 5.4 million. Its defining feature is a 10 percent strike system: rule breaks cut your next payout to a 10 percent split rather than closing the account, though the discretionary holistic assessment behind reductions is its top complaint. The Pro tier adds a 1 percent monthly salary and a 100 percent split after 30 days. Drawdown is static and payouts are weekly on Fridays.PROS:
- Cheap entry and broad instruments (FX, metals, indices, energy, crypto, stock CFDs)
- Forgiving static (non-trailing) drawdown
- Finotive Pro pays a 1% monthly salary, 100% split after 30 days, and refunds the fee
- Weekly Friday payouts, with fast reports from many traders
- Instant funding and 1-step options; scaling advertised to 5.4M
CONS:
- The 10% strike reductions rest on a discretionary holistic assessment (top complaint)
- Instant funding pays a lower base split
- A hard breach closes the account with no refund
The ranked list
“Swap-free” is not a standard. Some firms provide it free, some only on request, some for a surcharge, and some replace the interest with a flat daily holding fee. Removing the swap addresses riba, but it does not by itself make an account halal - that also depends on the instruments traded and the account structure. Confirm with a qualified scholar, and check current terms with the firm before buying.
Reviewed by the JoinProp editorial team · Last updated 2 August 2026
Swap-free status of all 19 firms - verified August 2026
| Firm | Swap-free? | Cost | Scope and limits |
|---|---|---|---|
| Funded Trading Plus | Yes | Free, automatic | All instruments. No time limit; firm explicitly denies any storage fee. |
| Maven Trading | Yes | Free, all accounts | All instruments. Swap-free by structure, not a certified Islamic product. |
| AudaCity Capital | Yes | Free, automatic | Instant Funding programme only. Ability Challenge is not swap-free. |
| City Traders Imperium | Yes | Free, on request | Must request before trading the account. MT5 only. Uses explicit riba language. |
| Rebels Funding | Yes | Free, automatic | 28 forex pairs and metals only. Crypto and indices not covered. |
| E8 Markets | Yes | Free, built in | E8 One and E8 Pro only. Not on E8 Signature. Never described as Islamic. |
| Quant Tekel | Yes | Free add-on | 2-Step, Elite and Instant plans only. Instrument scope not published. |
| FundedNext | Yes | +10% on challenge price | All instruments on the challenge. |
| Funding Pips | Yes | Double commission ($10/lot) | MT5 only. Forex and metals only; indices, crypto and energies still incur swaps. |
| BrightFunded | Yes | Paid add-on, price not published | Must be bought with the challenge. Instrument scope not published. |
| Finotive Funding | Yes | Paid add-on | Subject to misuse monitoring with hard-breach penalties. |
| Pip Farm | Yes, limited | 10% of challenge fee | Capped at 3 days, then daily fees ($10/lot FX, $25/lot metals) including weekends. No crypto. Not on Instant. |
| The5ers | Partial | Free, on request | Funded stage only. Swaps apply through the entire evaluation. |
| Trade The Pool | By instrument | n/a | No Islamic account, but documented costs contain no swap or financing charge. Simulated US equities. |
| Ment Funding | By instrument | n/a | Futures programme has no overnight swaps by design. Forex incurs swaps; equities charge overnight borrow on shorts. |
| Funding Traders | No | n/a | Help centre states swap rates are charged overnight and at weekends. |
| Darwinex Zero | No | n/a | Swaps are not billed to you but reduce your track record, so the cost is still borne. |
| Hola Prime | Not found | n/a | No mention across four of the firm’s own pages. |
| Lark Funding | Referenced only | Not published | One passing clause mentions opting for swap-free; no mechanism, price or scope published. |
Verified against each firm’s own help centre, FAQ or terms pages in August 2026.
The firms listed below carry a JoinProp score out of 10, graded by our editorial team on payout reliability, fees, drawdown rules, profit split, evaluation terms, trading rules, customer support, scaling and track record. That score rates the firm overall - it is not a judgement on Shariah compliance, which is set out firm by firm in the table above. No firm can buy its grade. See our prop firm ranking methodology for what each category measures, where the data comes from, and how to dispute a rating.
What “swap-free” actually means
A swap, or rollover, is the interest debited or credited for holding a leveraged position overnight. Because that interest is riba, a genuine swap-free account removes it. Three things are worth checking before committing:
- Free or fee-based. Some firms replace the swap with a flat admin or holding fee. That may be acceptable as a service charge rather than interest, but it is not the same as no cost. Confirm the mechanism.
- Time limits. Some firms only keep positions swap-free for a set number of days. Pip Farm caps it at three days, then charges daily including weekends.
- Instrument scope. Several firms apply swap-free to forex and metals only, leaving indices, crypto and energies swap-bearing.
- Swap-free is not automatically halal. Removing the swap addresses riba, but compliance also depends on the instruments traded and the account structure. Confirm with a qualified scholar.
For the fuller permissibility discussion, see Is Prop Trading Halal?
How we verify this list
Each firm is checked against its own help centre, FAQ or terms pages rather than marketing copy. Where a firm advertises an “Islamic account” without describing a mechanism, we record it as claimed but unverified. Where a firm’s own documentation states swaps are charged, we record that plainly even if the firm markets itself to Muslim traders elsewhere.
Firms are not removed from this page for failing to offer swap-free accounts, because traders search for them in this context. Their status is shown in the table instead. Last verified August 2026.
Frequently asked questions
Which firms here are genuinely swap-free at no cost?
Funded Trading Plus and Maven Trading apply it automatically to every account, with no request and no fee. AudaCity Capital does the same on its Instant Funding programme only. City Traders Imperium and Rebels Funding are also free but conditional - CTI requires a request before the account is traded, and Rebels covers 28 forex pairs and metals only.
Do any firms charge extra for a swap-free account?
Yes. FundedNext adds 10% to the challenge price. Funding Pips doubles the commission to $10 per lot and covers forex and metals only. Pip Farm charges 10% of the challenge fee and caps swap-free holding at three days, after which fixed daily fees apply including weekends. BrightFunded and Finotive Funding both charge without publishing a price.
Are all the firms on this page swap-free?
No. Funding Traders and Darwinex Zero state in their own help centres that swaps apply. They remain listed because traders search for them in this context, with their status shown in the table above.
Is a swap-free account automatically Sharia-compliant?
No. Swap-free removes the interest component, but full compliance also depends on the instruments traded and the account structure. Several firms replace interest with a flat administrative fee, which some scholars accept and others do not. Confirm with a qualified scholar.
Can I trade futures with a swap-free prop firm?
Futures do not incur overnight swaps, so futures programmes are swap-free by design rather than by policy. Within this list, Ment Funding’s futures programme works this way. Whether a specific contract is permissible is a separate scholarly question.
Is there a time limit on how long positions stay swap-free?
It varies. Funded Trading Plus states no limit and explicitly denies any storage fee. Pip Farm caps it at three days. Axi’s broker-level Islamic account caps at five days, then charges a daily holding fee. Always confirm before holding long-term positions.