10 Best Prop Firms for Middle East Traders Without Swap Fees

In this article, I will discuss the Best Prop Firms for Middle East Traders Without Swap Fees. For swing and position traders, having a trustworthy prop trading company that provides funded accounts and has little to no overnight fees is a necessity.

Flexible evaluation structures, scalable funding, and trader optimal conditions help these traders improve positive financial outcomes while controlling expenses. Cost and profit optimization is the primary focus for Middle East traders.

Key Points & Best Prop Firms for Middle East Traders Without Swap Fees

Prop Firm	Key Point
FundedNext	No restrictions on trading style, halal compliance
The5ers	Scaling program with swap‑free option
E8 Markets	Swap‑free selection at checkout with flexible funding
Blueberry Funded	High rating for Islamic accounts and strong community support
Alpha Capital Group	UK‑based firm offering swap‑free accounts for Middle East traders
Lux Trading Firm	Professional trader development with halal account option
Finotive Funding	Customizable account sizes with swap‑free support
Ment Funding	Affordable entry challenges and Islamic account setup
SurgeTrader	Quick funding decisions and swap‑free accounts
Smart Prop Trader	Tech‑driven platform with halal account availability

10 Best Prop Firms for Middle East Traders Without Swap Fees

1. FundedNext

Traders from the Middle East have the opportunity to partner with one of the most well-known prop trading firms in the world, the UAE-based FundedNext.

FundedNext has a suite of challenge programs, including one- and two-step evaluations, to earn access to funded accounts with profit splits of 95% or more.

Traders have access to forex, commodities, indices, and crypto through Match-Trader and cTrader, with low commission and raw spread fees.

While swap fees vary depending on the trading instrument, FundedNext is especially strong for traders who value community support and transparent trading conditions, thanks to their competitive pricing and super quick payouts that are often less than 24 hours.

FundedNext Features

• Multiple Evaluation Paths — Traders may opt for either fast-track or traditional funding options via one or two-step challenges.
• High Profit Splits — As traders advance in their performance, they are rewarded with increasing competitive profit share.
• Fast Payouts — Numerous traders offer positive reports regarding quick processing of payout withdrawals, aviating liquidity and improving traders’ satisfaction.
• Wide Asset Access — FundedNext aids in trading strategy diversification via access to forex, indices, commodities, and crypto across multiple platforms.

Pros	Cons
Strong funding options with multiple challenge paths and scalable account sizes. Traders can choose evaluation styles that suit holding periods.	Swap fees vary by instrument and may exist on certain forex pairs — not guaranteed zero.
Competitive profit splits and fast payouts (often processed quickly).	Lower transparency on explicit swap fee waivers for overnight positions.
Supports multiple platforms with relatively low spreads and low commissions.	Evaluation cost may be moderate compared to ultra‑budget competitors.
Good community support and educational resources.	Some account types have stricter time‑based rules for holding positions.

2. The5ers

The5ers is recognized in the industry for their unique rules and evaluation models that allow their traders to adapt.

This is especially true for the evaluation models that allow a trader to be more flexible and continue to trade on the swing and position trading strategies.

With more flexibility and relaxed drawdown limits, traders can strategize on low-swap strategies. Funded accounts also give traders the ability to hold positions for a longer period.

While it’s known that The5ers does not state that they have no swap fees, this also creates a better trading environment for longer-term traders as there are less to no rollover swap fees.

The5ers Features

• Long‑Term Trade Support — Swing and position trades may be supported by most account types, allowing for time unlimited flexibility.
• Support for Consistency — Risky performances are countered by steady short-term gains.
• Flexible Drawdown Rules — Generous risk buffers assist traders in navigating volatility.
• Multiple Funding Options — Options of one-step, two-step, and instant funding provide diversity based on skill.

Pros	Cons
Flexible evaluation models that support swing/overnight trading.	Does not openly advertise zero swap fees — rollover costs may still apply on select instruments.
Relaxed drawdown rules aid long‑term strategies.	Profit splits are lower compared with some high‑split firms.
No time limit on swing trades for many account types.	Funding can be slower to scale for high‑growth traders.
Consistent long‑term focus suits traders avoiding frequent rollovers.	Intermediate risk limits may restrict aggressive strategies.

3. E8 Markets

E8 Markets is appreciated for its technologically advanced platform and flexible funding options, including one-step and two-step evaluations which are attractive to both novice and veteran traders.

With the ability to choose account sizes and to use MetaTrader or TradeLocker, traders can enjoy various levels of comfort and execution. E8 is known for its strong support and simple payout system.

Though traders need to confirm the specifics of swap fees, E8’s adjustable evaluation framework and risk settings assist in roll over charge avoidance and cost-effective strategy management.

E8 is considered to be a top choice for traders in the Middle East due to the positive feedback from its community and its user friendly platform.

E8 Markets Features

• Tech‑Rich Platforms — Provides tailored execution options through access to proprietary and MetaTrader interfaces.
• Flexible Risk Settings — Traders can adjust strategies based on risk tolerance and objectives.
• Transparent Payout Structure – Bordering revenue share agreements and withdrawal terms.
• Varied Account Sizes – Different capital tiers to accommodate traders in various stages of their journey.

Pros	Cons
Tech‑forward platform (MetaTrader & proprietary options) with flexible evaluation.	Explicit swap fee information is limited — check instrument terms.
Variety of account sizes and evaluation pathways.	Market access may vary by region and instrument type.
Transparent payout system encourages clear cost planning.	Some traders report slower customer support response times.
Risk settings can be adapted to swing strategies.	Mid‑tier challenge fees can be high for some traders.

4. Blueberry Funded

Blueberry Funded is a new proprietary trading firm with backing from Blueberry Markets. They aim to provide financing challenges that are both competitive and funding approachable.

Their challenges provide access to a variety of both tools and assets including MT4, MT5, and DXTrade. They provide challenges with scaling up to $2 million, both one and two step challenges.

Blueberry is liked for their lower entry fees and a straightforward and no ambiguity process that offers a cost-effective challenge to focus to traders process on strategy rather than unnecessary fees.

They are also not documented as no-swap which, along with the firm’s backing from a reputable broker and broad market access, makes their services attractive to many traders.

Blueberry Funded Features

• Budget Challenge Pricing – Affordable entry cost for novice and intermediate traders.
• Diverse Platform Access – The ability to trade on MT4, MT5, and DXTrade, according to preferences.
• Expandable Funding Options – Accounts that escalate based on proven performance.
• Uncomplicated Assessment Standards – Straightforward guidelines for traders to know what is required to secure funding.

Pros	Cons
Low entry evaluation fees relative to funding limits.	Swap charge policies aren’t prominently published — review before trading overnight.
Multiple platforms (MT4/MT5/DXTrade) with deep liquidity.	Limited global brand recognition compared to major competitors.
Scalable plans up to large capital allocations.	Fewer educational resources in some regions.
Simple rules and clear evaluation steps.	Some traders cite platform limitations on specific products.

5. Alpha Capital Group

Alpha Capital Group is a proprietary trading firm located in the UK which has structured a challenge program for retail forex and CFD traders.

Alpha provides evaluation plans that include one step to three step challenges and offers profit splits of about 80%.

There are flexible payout options and funding that scales to higher account sizes. Alpha partners with popular trading platforms such as MetaTrader, cTrader, and DXTrade, and aims to provide user friendly execution.

While confirmation is required in order to determine the variance of swap fees with each trading instrument, the robust support

Transparent pricing, and stellar rating on Trustpilot, makes Alpha Capital Group a great contender for traders seeking funded accounts and uncomplicated guidelines in the expansive world of proprietary trading firms.

Alpha Capital Group Features

• Dynamic Challenge Sequences – Encourage step-by-step advancement in a fixed timeframe.
• Inclusive Platform Options – Access to MT4, MT5, and cTrader for diverse platform preferences.
• Straightforward Risk Parameters – Simple outline of drawdown and profit target requirements.
• Secure Operations – Focus on openness in processes and brokerage supervision for trader assurance.

Pros	Cons
Structured challenge programs with clear progression.	Swap fee schedules are instrument‑dependent — not all swaps are waived.
Supports popular platforms (MT4/MT5/cTrader).	Average profit splits relative to some prop firms.
Transparent risk rules and solid risk management culture.	Some traders feel evaluation times are lengthy.
Strong reputation and regulatory transparency.	Occasional drawdown restrictions limit overnight scalping.

6. Lux Trading Firm

Lux Trading Firm has built its reputation on providing high capital allocations and professional-grade trading conditions that appeal to serious forex traders.

Traders have the opportunity to move through evaluation challenges and expand their funded accounts to significant amounts, at times, reaching multimillion-dollar levels.

Although specific details about the swap fee structures are unavailable, the firm promotes realistic growth plans, institutional-style risk mitigation, and the accommodation of funded traders’ automated strategies.

With a well-earned reputation for providing scalable finances and a firm emphasis on trader performance,

Lux strongly caters to the Middle Eastern market, providing growth-oriented funded trading programs that are professional and transparent.

Lux Trading Firm Features

• High Capital Potential – Provides traders who qualify for larger capital to grow their accounts.
• Professional‑Grade Risk Framework – Supports disciplined trading with institutional-grade limits.
• Automated Strategy Friendly – Friendly for traders who use Expert Advisors (EAs) and algorithmic trading.
• Progressive Scaling – Increased funding based on achievement of performance targets.

Pros	Cons
High capital allocations for successful traders.	Swap fee details aren’t fully public — overnight costs may apply.
Scalable funded account progression.	Strict performance criteria at higher levels.
Professional risk controls beneficial for risk‑aware traders.	Newer firm with less broad feedback than veterans.
Suitable for both discretionary and automated strategies.	Mid‑to‑high challenge cost for larger accounts.

7. Finotive Funding

Finotive Funding is based out of Europe, giving traders the flexibility of challenge and instant funding options to help fuel their trading ambitions.

The company has a MetaTrader compatible funding solution, along with profit split options that forex traders typically look for.

Finotive is a candidate for traders looking for flexibility in funding with no hidden fees due to his structured challenges and funded payout systems, although you must review the specific instrument rollover terms to avoid complications.

There are no posted terms regarding overnight swap fees, but that is typically the case with prop firms.

Finotive has rolled out its services with the expectation that traders will not experience a funding blockage; they focus on trader progression from challenge to funded account.

Finotive Funding Features

• Well Defined Steps in Evaluation — Each step clearly establishes how a trader can progress from challenge to funding.
• Comfort in MetaTrader — Funding is available in users’ primary MT4/MT5 environments.
• Trader Payouts — Trader performance is encouraged through a reward of a progressive payout split.
• Terms Friendly to Beginners — Newer traders have fewer barriers to entry to start funded trading.

Pros	Cons
Clear challenge and funded payout system.	Swap fee transparency is limited — check before trading overnight.
MetaTrader support with familiar execution.	Profit splits may be slightly lower than top tier.
Accessible evaluation paths for beginners.	Some limitations on large account scaling.
Fair rules that support swing-style holding.	Customer support can be inconsistent at peak times.

8. Ment Funding

Ment Funding, a new proprietary trading firm, provides evaluation paths and funded accounts to forex and CFD traders.

They offer one-step and multi-step challenges with varying account sizes and profit split structures that reward consistent traders.

Swap fee policies are undetermined, but before joining, it is trader-friendly with evaluation rules and payout policies that help traders control expenses.

Middle East traders are increasingly choosing Ment Funding due to its growing presence and trader-friendly accessibility as it is more accessible than established prop firm names.

Ment Funding Features

• Simple and Concise Challenges — Steps that are uncomplicated and help traders concentrate on their output.
• Payouts Policies are Beneficial — Funded traders profit is positively noticeable and a good policy.
• Mid Term Trading Support — Conditions are favorable for Non-scalpers.
• Entry Levels are Greater — Budding traders have less funding limits to work with

Pros	Cons
Simplified evaluation for new traders.	Swap fee specifics aren’t widely publicized — review rollover terms before committing.
Good payout structure that rewards consistency.	Smaller firm with more modest capital access.
Straightforward challenge rules.	Platform choice may be limited.
Friendly for medium‑term trade styles.	Less global community compared to larger firms.

9. SurgeTrader

SurgeTrader gains recognition for its instant funding model, where traders don’t have to wait for challenges to get a proprietary account, rather traders get to access capital after reaching some criteria.

SurgeTrader supports a number of instruments (forex, crypto, indices), and has high profit splits (up to 90 %), which is also ideal for traders looking for instant funded trading.

While not directly advertised as no swap fees, SurgeTrader is also helping these traders avoid rollover fees, which is different for other funding companies. The Middle Eastern traders appear to appreciate this model the most.

SurgeTrader Features

• Instant Funding Option — Access to capital quickly for qualified traders without elongated challenges.
• Profit Splits are Generous — Successful trading and profit sharing is greatly rewarded.
• Large Range of Instruments — More strategies can be utilized with Ford, Indices and Crypto.
• Set of Clear Rules — Straightforward conditions help keep the unexpected at bay.

Pros	Cons
Instant funding available for fast access to capital.	Swap policies are mixed — verify before holding overnight.
High profit splits for funded accounts.	Some traders find the risk parameters tight for long holds.
Supports diverse instruments (forex/crypto/indices).	Evaluation criteria can be aggressive for beginners.
Clear rules and quick onboarding.	Overnight swap charges may impact longer holds.

10. Smart Prop Trader

Smart Prop Trader emphasizes transparency in evaluation stages and funded accounts after completing prop trading challenges. It appeals to traders seeking easy access to funding via one-step or multi-step routes.

Although detailed information regarding no swap fee policies is usually not publicly accessible, Smart Prop Trader offers reasonable terms, transparent no swap fee policies, and support for commonly used trading platforms, including MetaTrader.

The straightforward nature of challenge terms makes Smart Prop Trader a fitting consideration for Middle Eastern traders seeking a simple and systematic approach to developing a funded trading career.

Smart Prop Trader Features

• Straightforward Evaluation — Achievable milestones show a trader what is expected to qualify for funding.
• Profit Share is Competitive — Profitable trading is encouraged with attractive profit sharing.
• Support for Common Platforms — MT4/MT5 is accessible to the majority of traders.
• Transparent Rules — Clear-cut rules assist traders in strategizing their risk and adjusting their trading plans.

Pros	Cons
Transparent challenge and funded account conditions.	Swap fee terms aren’t fully explicit — best to confirm before trading overnight.
Competitive profit splits for funded traders.	Smaller community and fewer resources than top firms.
Familiar platforms and straightforward rules.	Potentially higher challenge fees for some account sizes.
Good for traders preferring simple progression.	Limited wide‑scale capital scaling compared with major firms.

Conclusion

To conclude, the right prop firm for Middle East traders without swap fees is crucial for success. FundedNext, The5ers, and SurgeTrader have flexible funding, clear regulations, and low cost conditions which is great for swing and position traders.

When prop traders choose the right firm, they can devote their attention to strategy and growth, rather than sleeping worrying about the hefty price tags that come with holding a position overnight.

FAQ