Swap-Free Prop Firms for Muslim Traders, Priced and Checked

Key takeaways

We checked 23 prop firms on their own checkouts, help articles and terms for a swap-free (Islamic) account, and priced each one as swap-free cost per $1,000 of loss room at $50K: list price plus the swap-free add-on plus any add-on needed to get it, divided by the overall loss limit.

Read the full summary

We checked 23 prop firms on their own checkouts, help articles and terms for a swap-free (Islamic) account, and priced each one as swap-free cost per $1,000 of loss room at $50K: list price plus the swap-free add-on plus any add-on needed to get it, divided by the overall loss limit. Only Alpha Capital Group Alpha Pro 10% ($58.80, $267 plus a $27 add-on) puts the funded account in its swap-free terms, and it replaces swap with a $5 commission each way and switches off EAs; Funded Trading Plus Instant Funding ($733.00) is swap-free from day one at an instant-account price. Twelve more products sell swap-free with a gap in writing, cheapest first: AquaFunded 2 Step Elite ($48.75), E8 Markets E8 Pro ($54.80), Maven Trading ($55.00, zero swap on every account), FundingPips 1 Step Flex ($56.60, Swing add-on required, forex leverage 1:30), The5ers ($62.25, funded stage only, on request), FundedNext Stellar Lite ($63.25), City Traders Imperium ($65.80, proof of faith, MT5 only), Hola Prime ($70.18), BrightFunded ($73.34), Funding Traders ($78.80) and Funded Trading Plus 2-Step Classic ($79.75), with AudaCity Capital FTP ($259.80) last because its own pages disagree on swaps. FTMO, FXIFY, Goat Funded Trader, Blue Guardian, Instant Funding, FunderPro, OneFunded, ThinkCapital and Darwinex Zero sell no swap-free account; FTMO’s Swing account still charges swap. No firm names a Sharia certifying body.

Freshness: checked October 4, 2026. BrightFunded’s euro price is converted at the ECB reference rate of October 2, 2026 (EUR/USD 1.1225). Firms change add-ons and prices without notice, so re-check the checkout before you pay. Each Trustpilot figure carries the date it was read.

Quick picks among swap-free prop firms

• Funded stage in writing: Alpha Capital Group Alpha Pro 10%, $58.80 per $1,000, MT5 only, EAs off.
• Cheapest swap-free loss room: AquaFunded 2 Step Elite, $48.75, but the only written term is a checkout toggle.
• No surcharge, no request: Maven Trading Standard 2-Step at $55.00, or Funded Trading Plus 2-Step Classic at $79.75.
• Clearest add-on policy: FundedNext Stellar Lite, $63.25, 10% more on any platform, no paperwork.
• Widest static floor: FundingPips 1 Step Flex, $6,000 at $50K, if you accept the Swing add-on and 1:30 leverage.
• No evaluation: Funded Trading Plus Instant Funding, swap-free from the first trade, at $2,199.

A yes or no on “Islamic account available” is where most lists stop, and it is the least useful part of the answer. The firms differ on what swap-free costs (from nothing to 26% of the fee), what they take away in exchange (a $10 round-trip commission, lower leverage, no EAs, MT5 only), and whether the promise reaches the funded account that actually pays. We publish all three, product by product. For a plain explainer of how swap-free accounts work in general, see our prop firm swap-free account guide.

Swap-free prop firms ranked by cost

Fourteen products from thirteen firms, one row each. Rows 1 and 2 are the firms whose own words cover the stage that pays; rows 3 to 14 sell swap-free with a gap in the written terms. Inside each group the cheapest swap-free cost per $1,000 of overall loss room comes first. The second table keeps the same order and adds the floor, leverage, funded-account status, refund and Trustpilot reading.

Notes on this ranking: ^* The firm publishes no activation fee and shows none at checkout, but does not say there is none; we counted nothing and the figure is the fee only. ^† The firm does not publish a swap-free price, so the figure is the plan fee alone and would rise by whatever support charges. ^‡ Priced in euros and converted at the ECB rate of October 2, 2026 (1.1225); the euro would have to fall about 4.3% to pass Hola Prime or rise about 7.4% to fall behind Funding Traders. ^§ The firm’s own pages disagree. The5ers: its $50K table shows an 8% floor and an FAQ says 10%; on 10% the figure is $49.80, second in its group. FundingPips: its pages disagree on whether cTrader and Match-Trader qualify; we rank on MT5 only. AudaCity Capital: one page calls FTP completely swap-free and another counts swaps in its drawdown, which is why it is in the second group. The first group needs a firm sentence that the funded account stays swap-free, or a single-stage account the firm calls swap-free with no page saying otherwise. Codes and promotions never set a rank.

How we checked swap-free prop firms

1. Firm pages only: each firm’s checkout, swap-free or Islamic help article, FAQ, rules and terms, read October 4, 2026. Directories, review sites and forums were leads, never sources.
2. Per product and per stage: we graded the plan, not the brand, at evaluation, at the funded stage and at any live stage. Silence about a stage counts as not published, never as covered.
3. The cost measure: list price at $50K plus the swap-free add-on plus any other add-on the firm requires to switch it on, plus any activation fee, divided by the overall maximum loss in dollars, times 1,000. Never the daily loss limit, never a code price.
4. Two groups: firms whose words cover the funded account rank first; firms that sell swap-free with a gap in writing rank second. A conflict between a firm’s own pages puts it on the stricter reading.
5. Quotes, not opinions: we quote each firm’s Islamic or Sharia wording as written and add no judgement of our own.

Each firm’s cheapest swap-free product on that measure is the one ranked, so a dearer sticker can win when it buys more loss room: FundingPips’ 1 Step Flex at $339.60 with add-ons beats its own 2 Step Pro at $298.80, because $6,000 of room costs less per $1,000 than $3,000. Products whose floor trails the intraday high including open profit are not ranked; they are listed in the section on products we did not rank.

What a swap-free prop firm account is, and is not

Swap is the overnight financing a broker charges or pays on a position held past the daily rollover. It reflects the interest-rate gap between the two currencies in a pair, so it can be a charge on one side and a small credit on the other. A swap-free account removes it in both directions; City Traders Imperium puts it as accounts that “do not charge or pay overnight interest (Riba) on open positions”.

Three things get confused with swap-free, and the difference matters to anyone avoiding interest:

• Commission is a fee per trade, charged whether you hold for a minute or a month. Alpha Capital Group replaces swap with one (“a charge of $5.0 per lot is incurred for each transaction, in both directions”), and FundingPips doubles its own to $10 a lot.
• An admin or carry fee is a flat charge for holding after a set number of nights, common at retail brokers. None of the 13 firms here publishes one; most simply publish nothing about what replaces swap.
• A swing account lets you hold overnight and over weekends, but still charges swap. FTMO’s Swing account type is the best-known example; FundingPips makes its Swing add-on a condition of buying swap-free. Allowing overnight holds does not make an account swap-free.

Futures prop firms are a different case. Futures prop firms charge no overnight swap, because a futures contract has none to pass on. Whether that structure satisfies your own standard is a question for your scholar, and this guide ranks forex and CFD firms only.

What swap costs without a swap-free prop firm account

Firms rarely print swap in dollars, but FTMO’s symbol feed shows what a standard account pays. On October 4, 2026 it listed EUR/USD at −8.79 points a night for a long position and +0.38 for a short, and gold (XAU/USD) at −65.63 long and −4.2 short. On a standard EUR/USD lot of 100,000 units a point is $0.00001 × 100,000, or $1, so holding one lot long costs about $8.79 a night. Brokers also charge three nights on one weekday to cover the weekend; Darwinex Zero’s docs say its rates “are tripled on Wednesday”. Open on Monday and close on Friday before the rollover and you pay four rollovers, one of them triple: six nights, about $52.74 on one lot. Gold is charged on both the long and the short side in that feed.

At a prop firm, swap does more than cost money: it eats into the loss limit. FTMO measures its floor on “Balance + Open Positions P/L ± Swaps – Commissions”, Blue Guardian says “Drawdown includes profits and losses from closed positions, swap fees and commissions”, and AudaCity Capital’s Ability evaluations count equity “including commissions and swaps”. A trader holding several lots over a week can lose room on the daily limit without the price moving at all. A swap-free account removes that drift; the replacement commission at Alpha Capital Group and FundingPips is paid up front on each trade instead.

Worked example on a $50K account: three lots of EUR/USD held long Monday to Friday at FTMO’s posted rate is about $158.22 of swap (3 × $52.74), already more than half of Alpha Capital Group’s $294 swap-free plan price. Alpha’s replacement for the same trade is $30 of commission (3 lots × $10 round trip), paid once whatever the holding time. For a trader who holds for a day, the numbers reverse: one night of swap on one lot ($8.79) is less than Alpha’s $10 round trip.

What replaces swap at each swap-free prop firm

Firms recover the cost of swap-free in four ways, and most use only the first:

• A higher fee: 10% at AquaFunded, E8 Markets, FundedNext, Hola Prime and BrightFunded; about 10% at Alpha Capital Group; 26.25% at FundingPips’ 1 Step Flex 2% once the required Swing add-on is counted (20% on its other models); 19.8% at Funding Traders, whose Zero Fees add-on also removes commission. Maven Trading, Funded Trading Plus and AudaCity Capital’s FTP charge nothing extra.
• A higher commission: Alpha Capital Group ($5 a lot each way on Standard spreads, which carry no commission otherwise) and FundingPips ($10 a lot instead of $5 on forex and metals).
• Less leverage: FundingPips cuts forex from 1:100 to 1:30, metals from 1:30 to 1:10 and indices from 1:20 to 1:5 on Swing and swap-free accounts. Every other firm either says leverage is unchanged or publishes nothing.
• Fewer tools or instruments: no EAs on Alpha Capital Group’s swap-free accounts; swap still charged on energies, indices and crypto at FundingPips; MT5 only at Alpha Capital Group, City Traders Imperium and, on the stricter reading, FundingPips.

None of the 13 firms publishes a maximum holding period, an admin fee after a set number of nights, or a clause letting it take swap-free status away. That silence is not a guarantee: the general terms at several firms let them change conditions or close accounts at their discretion. If you plan to hold for weeks, ask support in writing whether any limit applies. Our highest-leverage prop firms guide and gold prop firms guide cover leverage and gold swap in more depth.

Swap-free prop firms that cover the funded stage in writing

Two products meet the stricter test: the firm’s own words cover the account that pays.

Alpha Capital Group names both stages in its swap-free terms and swaps the swap for commission

Alpha Capital Group is the one firm in this guide whose swap-free wording names the evaluation and the funded account in the same breath: “Swap-Free evaluations and Qualified Analyst accounts trade on Standard spreads.” The Qualified Analyst account is Alpha’s funded stage, so the written promise runs to the account that pays. The Alpha Pro 10% plan lists at $267 at $50K, the checkout’s price feed returns $294 once swap-free is ticked, and 10% of $50,000 is a $5,000 static floor, which works out at $58.80 per $1,000 of loss room.

Video: Alpha Capital Group’s channel has no swap-free or Alpha Pro rules video; its newest upload covers Alpha Direct, a different product, so we left it out.

• Swap-free terms: The firm says the add-on “removes overnight financing charges (swaps) from your account and replaces them with an extra commission”, is “Available on MetaTrader 5 only”, and covers all Alpha One and Alpha Pro plans. The help article was updated July 24, 2026.
• What replaces swap: A commission: “a charge of $5.0 per lot is incurred for each transaction, in both directions”, so $10 a lot for a round trip on forex and gold alike. The Standard account it sits on charges no commission but has wider spreads.
• What else changes: “Expert Advisors (EAs) are disabled on swap-free accounts and cannot be used.” Leverage stays at 1:100 on forex. Because swap-free is MT5 only and US residents are offered DX Trade or TradeLocker, a US resident cannot buy it.
• How to get it: Tick the Swap Free add-on at checkout. Add-ons “cannot be added to an existing account afterwards”.
• Cost at $50K: $267.00 plus $27.00 swap-free, $294.00; activation fee stated as none; against $5,000 of overall loss room: $58.80 per $1,000. The code ALPHA20 takes the plan to $213.60 until October 31, 2026; codes never set a rank. The Alpha Pro 6% and 8% plans cost more per $1,000 with swap-free ($79.67 and $81.75).
• Simulated or real: Simulated through the funded stage. Alpha can later move a trader to a live Alpha Prime account: “Once qualified, simulated accounts are closed and traders transition to Alpha Prime Live Accounts.” No page says whether Alpha Prime is swap-free.
• Fee refund: “All our evaluation plans are non-refundable”.
• Watch out for: Alpha Pro bans weekend holds on the Qualified Analyst account (profits from those trades are removed), so the weekend benefit of swap-free only applies in the two evaluation phases. A live Alpha Prime review can follow a $40,000 single payout, five payouts from one account or $100,000 in total; “Traders who decline our live program will receive their final payout and forfeit any further relationship with any branch of the Alpha Group.”
• Choose it when: You trade by hand on MT5 outside the US and want the only swap-free add-on here whose terms name the funded account.
• Trustpilot: rating hidden behind Trustpilot’s “breach of our guidelines” banner, 21,822 reviews (read October 4, 2026).
• Further reading: Alpha Capital Group profile.

Funded Trading Plus Instant Funding is swap-free from day one, at an instant-account price

Funded Trading Plus made every current program swap-free in February 2026, and its Instant Funding account has no evaluation at all, so the swap-free account you buy is the account that pays. That is why it sits in the top group. The price is the catch: $2,199 at $50K for a 6% floor of $3,000 that trails the balance high and then locks, which is $733.00 per $1,000, more than twelve times Alpha Capital Group.

Video: Funded Trading Plus has no Instant Funding or swap-free video on its channel; its 2-Step Classic rules video sits in the 2-Step section below.

• Swap-free terms: The firm’s Instant Funding help article says “this is a Swap Free program, across any available platform”, and the February 2026 notice says it is “automatic for the 1-Step Express, the 2-Step Classic and the Instant Program”.
• What replaces swap: Nothing published. The firm says “All other program parameters remain the same such as leverage, commission charges and account rules”, but it publishes no commission figure at all.
• What else changes: Leverage stays at 1:30 on forex. The Instant Program forces every trade shut before the weekend: “all trades must be closed by 4.30pm (EST) each Friday”.
• How to get it: Nothing to request; “you do not need to request this”.
• Cost at $50K: $2,199.00, swap-free included; activation fee stated as none; against $3,000 of overall loss room: $733.00 per $1,000. FUNDED30 takes it to $1,539.30 with no end date shown.
• Simulated or real: “All customers across all phases of all programs will be placed into simulated-live conditions.” Payouts are paid in real dollars.
• Fee refund: “no challenge refund fee is offered” on the current programs, though an account with no trades can be refunded within 14 days.
• Watch out for: The forced Friday close means swap-free only helps with weeknight holds, and the $3,000 trailing floor is the smallest of the ranked products. Older legacy Funded Trading Plus programs are not swap-free.
• Choose it when: You want no evaluation, swap-free from the first trade, and can pay instant-account prices.
• Trustpilot: rating hidden behind Trustpilot’s “breach of our guidelines” banner, 2,668 reviews (read October 4, 2026).
• Further reading: Funded Trading Plus profile and Funded Trading Plus rules summary.

Swap-free prop firms with a gap in the written terms

These twelve products are sold swap-free today, but the firm’s wording stops short of the funded stage, covers only the funded stage, or leaves the price unpublished. Each is ranked on the same measure; the gap is named in every section.

AquaFunded is the cheapest swap-free loss room, sold as a checkout toggle with no written terms

AquaFunded’s 2 Step Elite costs $221.60 at $50K, and its checkout adds a line reading “Swap Free $22.16” when you switch the toggle to Yes, for $243.76 in all. With a 10% static floor of $5,000, that is $48.75 per $1,000, the lowest figure in this guide. What it buys is less clear: we found no help article, FAQ or terms clause about swap-free at all, and the terms page has no mention of swaps.

Video: AquaFunded’s channel has no swap-free or rules explainer; its newest relevant upload is a general risk-management video, so we left it out.

• Swap-free terms: The only firm wording is the checkout block “Swap Free | No | Default | Yes | +10%”. No stage, platform or instrument is named.
• What replaces swap: Not published. AquaFunded’s standard commission is $5 a lot on forex and gold, and it says nothing about a swap-free version.
• What else changes: Not published. Standard leverage is 1:100 on forex in the evaluation, halved to 1:50 once funded.
• How to get it: Switch the Swap Free toggle to Yes at checkout before paying.
• Cost at $50K: $221.60 plus $22.16 swap-free, $243.76; no activation fee published (not counted); against $5,000 of overall loss room: $48.75 per $1,000. An AUTUMN code (25% off) is advertised as a limited deal with no end date shown. The 1 Step Flex with swap-free works out at $51.19 per $1,000 on a 12% static floor.
• Simulated or real: Simulated at every stage. In the firm’s words, “AquaFunded accounts use virtual funds and real market quotes sourced from liquidity providers”, and “eligible payouts from funded accounts are real”.
• Fee refund: “The Evaluation fee you paid for the account you completed is fully refundable when you receive your fourth payout.” A hard breach before then forfeits it.
• Watch out for: Funded accounts carry a Wave Stop: a 2% combined open loss closes every trade, the first trigger cuts the split to 50% and the second ends the account. Each payout also carries a 3% processing fee.
• Choose it when: You want the lowest swap-free cost per $1,000 on a static floor and will get the funded-stage answer from support in writing first.
• Trustpilot: rating hidden behind Trustpilot’s “breach of our guidelines” banner, 1,194 reviews (read October 4, 2026).
• Further reading: AquaFunded profile.

E8 Markets adds swap-free to E8 Pro for 10% and says nothing about the funded account

E8 Markets prices its swap-free option as a flat uplift: choosing it “will add 10% to the final account of the price”. On the E8 Pro 10% plan at $50K that is $249 plus $25, against a $5,000 static floor, or $54.80 per $1,000. E8 also states its activation position in so many words: “There is no activation fee or subscription fee.”

Video: “E8 Pro 1-Step Challenge: The Complete Rule Breakdown,” E8 Markets official YouTube channel, June 1, 2026. Source type: vendor-produced. Why selected: E8’s own rule breakdown of the E8 Pro plan ranked here; no official swap-free video exists on the channel.

• Swap-free terms: The checkout labels it “Swap free account / Account without swap charge.” E8’s instruments table offers it on E8 One and E8 Pro Forex, but not on E8 Signature Forex or the Perpetual plans, and “not for futures”.
• What replaces swap: Not published. The swap-free toggle sits beside the No Commissions or Raw Spreads choice and does not change it; on Raw Spreads, forex costs $5 a round turn.
• What else changes: No change published. Standard leverag