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Best MIFX alternatives 2026

If MIFX is not right for you, these 8 brokers offer similar services. They are ranked by licence strength and by how closely their markets, platforms and accounts match MIFX.

  1. IG

    IG

    Licences
    FCA, ASIC, DFSA, CFTC
    Min. deposit
    $0
    Islamic account
    No
    • IG holds 10 licences from strong regulators, against 0 for MIFX.
    • IG offers TradingView, Web Trader, which MIFX does not.
  2. Licences
    FCA, ASIC, SEC, FINRA
    Min. deposit
    $0
    Islamic account
    No
    • Interactive Brokers holds 10 licences from strong regulators, against 0 for MIFX.
    • Interactive Brokers offers Web Trader, Mobile App, which MIFX does not.
  3. Licences
    FCA, ASIC, CFTC, NFA
    Min. deposit
    $0
    Islamic account
    No
    • Oanda holds 7 licences from strong regulators, against 0 for MIFX.
    • Oanda offers copy trading; MIFX does not.
    • Oanda offers TradingView, Web Trader, which MIFX does not.
  4. Licences
    FCA, CySEC, DFSA, SFC
    Min. deposit
    $1,000
    Islamic account
    No
    • Swissquote holds 6 licences from strong regulators, against 0 for MIFX.
    • Swissquote offers Mobile App, which MIFX does not.
  5. Licences
    CySEC, ASIC, CBI, FSCA
    Min. deposit
    $100
    Islamic account
    Yes
    • AvaTrade holds 4 licences from strong regulators, against 0 for MIFX.
    • AvaTrade offers a swap-free Islamic account; MIFX does not.
    • AvaTrade offers copy trading; MIFX does not.
  6. Licences
    CySEC, ASIC, FSA, MAS
    Min. deposit
    $50
    Islamic account
    Yes
    • MultiBank Group holds 3 licences from strong regulators, against 0 for MIFX.
    • MultiBank Group offers a swap-free Islamic account; MIFX does not.
    • MultiBank Group offers copy trading; MIFX does not.
  7. Licences
    FCA, CySEC, ASIC, CFTC
    Min. deposit
    $100
    Islamic account
    No
    • Forex.com holds 5 licences from strong regulators, against 0 for MIFX.
    • Forex.com offers TradingView, Web Trader, which MIFX does not.
  8. Licences
    FCA, CySEC, ASIC, DFSA
    Min. deposit
    $0
    Islamic account
    Yes
    • Pepperstone holds 4 licences from strong regulators, against 0 for MIFX.
    • Pepperstone offers a swap-free Islamic account; MIFX does not.
    • Pepperstone offers copy trading; MIFX does not.