We will help you identify the brokers you can trade comfortably with and with least risk. The process is quite similar to opening a bank account. To set up an account with a forex broker, you will need to provide a good deal of personal information including your name, address, email, phone number, date of birth, social security number or tax ID, country of citizenship, employment status, account currency type, and password that you will use for trading.

The broker might also ask you about your annual income, net worth, and trading experience and objectives. Skip to content. Arabic English. Find the Best Online Forex Brokers in Top 5 Forex Brokers in UAE in Broker Name Min.

Deposit Trading Platforms Deposit Methods Bonus Min. What is Forex Trading? Forex Trading in UAE? How to register with a broker? STEP 1. Choose your Broker. STEP 2. Register Online. STEP 3. Practice on Demo Account. STEP 4. In parallel with SCA, UAE also has two financial free zones namely Dubai International Financial Centre DIFC in the Emirate of Dubai and Abu Dhabi Global Market ADGM in Abu Dhabi offering activities of Forex Trading, CFD and other online non-banking financial trading. Dubai Financial Services Authority DFSA in DIFC is an authority explicitly established to regulate forex brokers or companies performing non-banking financial activities incorporated in DIFC.

UAE is home to some of the largest high-net-worth individuals in the world, and Forex trading is proving to be an extremely attractive proposition to traders from the UAE. The SCA UAE changes its regulations and provides new legislations to ensure that the UAE financial markets can keep with the current trends in the global financial markets. To check if a forex broker is regulated in the United Arab Emirates by the SCA, you will need to contact them directly to verify the registration as they do not provide a readily available list of forex brokers that are SCA regulated.

Richard Montana Richard has many years of experience in broker research, testing, analysis and reviews. He knows what to look for through years of trading himself with different brokers and listening to the feedback of others. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.

This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process. Buying and selling currencies is popular amongst residents of Singapore who are looking to speculate….

Forex trading is very popular in Indonesia. Whilst using a broker regulated by the Financial…. Currency trading is popular in France, especially for those who want to speculate on falling…. Cyprus is a popular destination for forex and CFD brokers. Forex brokers primarily choose Cyprus…. Home Guides Forex Brokers in the United Arab Emirates. Forex Brokers in the United Arab Emirates Richard Montana November 22, Forex trading in the United Arab Emirates is very popular, with many forex brokers accepting UAE clients.

Best forex brokers United Arab Emirates To find the best forex brokers in United Arab Emirates UAE , we created a list of all forex brokers that state they can accept traders and investors who are based in the UAE, then ranked them according to their overall rating.

ADGM FRSA, ASIC, BVIFSC, CBI, FFAJ, FSCA, IIROC, JFSA. Review Trade Trade. ASIC, BaFin, CFTC, DFSA, FCA, FINMA, FMA, FSA, FSCA, JFSA, MAFF, MAS, METI, NFA. ASIC, CIMA, CFTC, FCA, FSA, IIROC, JFSA, NFA, SFC. About the Author. Review Methodology For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. Forex Brokers in Singapore Buying and selling currencies is popular amongst residents of Singapore who are looking to speculate….

Forex Brokers in Malaysia Although forex trading continues to be a very popular form of trading in Malaysia, it….

Forex trading in Dubai requires a DFSA-regulated forex broker based in the UAE. Based on November spreads and forex trading platforms we compared the best forex brokers in Dubai including Islamic accounts. With over 20 years of investing experience and 10 years of trading, Justin co-founded Compare Forex Brokers in He has worked within the foreign exchange trading industry for several years and for several of the largest banks globally. Justin achieved Honours in Commerce and has a Master's degree from Monash University.

He also owns Innovate Online offering digital marketing services with over 20 employees. He has an MBA in finance from the University of Miami Herbert Business School. As a Senior Financial Analyst for Alphabet with an active CPA, Riley has a vast amount of financial knowledge. He has a Master's Degree in economics at Penn State University and a B. He also owns the website Young and the Invested providing investing advice for young individuals.

Fact Checked. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. Pepperstone was awarded the best UAE forex broker as it is regulated by the DFSA Dubai Financial Services Authority while offering clients:.

Established in Dubai two years ago as Pepperstone Financial Services , the broker holds the DFSA license number F Our November comparison of the UAE forex brokers found Pepperstone has the lowest spreads on most of the currency pairs.

The table below is based on the average spreads published by each broker on their website. spreads are taken from each broker's website and updated monthly. The spreads displayed are for the Pepperstone razor account which offers the lowest brokerage for Dubai traders.

It combines a spread and commission to determine the final brokerage when trading forex or CFDs. The other option is the standard account which has no commission but higher spreads. If you are unsure which account is right for your needs you can view the razor vs standard account comparison. The commission charged on the Razor account depends on the base currency selected.

There are 10 base currencies offered with the most popular being the USD, EUR and GBP. The commission rates of each are shown below. The calculator below compares the average brokerage of Pepperstone to Axi and IG. This combines the average spread of , commissions and current forex swaps. It highlights just how much traders save on each trader when selecting the Pepperstone Razor account.

Dubai forex traders can choose from the three most popular trading platforms worldwide including:. As a general recommendation, MT4 is recommended for individuals looking to primarily trade forex. MT5 is the best option for trading CFDs such as indices and shares white cTrader is designed for scalping and automated trading. Below compares the three main trading platforms and also includes TradingView which is an add-on for traders who select the cTrader razor account.

The platforms also support 38 languages from Arabic to Persian. As Pepperstone aggregates price quotes from 22 tier-one liquidity providers, it can ensure lightning-fast execution of market orders, with an advertised execution speed of 30 ms.

Fast order execution speed is helpful to scalpers and social trading copy trades. To get a more accurate reading of the ECN order execution speed, we used a MetaTrader 4 script to verify the quality of trade execution for various brokers. The results of our testing revealed that Pepperstone records the fastest execution speed with a measured speed of milliseconds. Below you can view a full trade execution speed comparison among Dubai-based forex brokers using limit orders.

In the Investment Trends leverage report based on a survey of real traders found Pepperstone has the most satisfied clients. The contact center is based in Dubai and supported by other global offices which have multilingual teams.

You can start forex trading with low spreads, competitive commissions, easy-to-use trading platforms, fast order execution speed and a wide range of tradable instruments. While all other brokers on this list offer variable spreads, AvaTrade spreads are mostly fixed. Fixed spreads shield you from wild swings which can prevent significant losses when price movements.

Since fixed spreads mean better predictability they are a good option for new traders and traders relying on stable spreads as a trading strategy. As a bonus, AvaTrade does not provide restrictions on short selling and scalping. You can even use Expert Advisors through the MetaTrader 4 and MetaTrader 5 trading platforms to automate your trading or via their copy trading platforms such as ZuluTrade, DupliTrade and AvaSocial.

These features are somewhat unusual for a market maker and rarely found with brokers offering fixed spreads. AvaTrade is a market maker, however, this does not mean you are paying more than other brokers. Spreads with AvaTrade start from 0. This is impressive because fixed spreads are generally wider as the broker takes on the most risk when spreads move with extreme volatility. Deposits can be done using credit cards, wire transfers and e-wallets such as Skrill, WebMoney and Neteller.

AvaTrade offers trading through a comprehensive range of products. What makes AvaTrade unique is the availability of vanilla options for forex plus gold trading. Vanilla options are contracts that allow you to buy or sell at a certain price at a pre-defined time for a small premium. The options period can range from one day to one year.

To ensure you get the optimal trading experience when trading options, AvaTrade has its own app designed specifically for options trading. This app is called AvaOptions.

Both MetaTrader 4 and MetaTrader 5 are available. What makes using the MT4 or MT5 platform with AvaTrade stand out is the ability to automate your trading using Expert Advisors. Many market makers do not permit automated trading and even fewer do when it comes to trading with fixed spreads so this is a strong point of AvaTrade.

If you wish to social trade or copy trade then ZuluTrade and DupliTrade are available. These tools allow you to automatically copy other traders in their community. AvaTrade also has its own app for social trading called AvaSocial should you wish to trade via your mobile.

Our team of experts at Compare Forex Brokers have concluded that, among the best-regulated brokers in the UAE, Swissquote offers the broadest range of complex instruments CFDs on stock indices, commodities and bonds, as well as foreign exchange and cryptocurrencies. Registered and based in the DIFC, Swissquote MEA Ltd is licensed and regulated by the DFSA.

With Swissquote, Dubai-based traders have the opportunity to choose from a variety of CFD instruments, including:. In addition, the broker offers up to 12 cryptocurrencies on its eTrading platform, including Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Chainlink, Ethereum Classic, EOS, Stellar, Tezos, Novur and Ox.

Dubai crypto traders can enjoy the following advantages:. Swissquote offers forex traders from the Saudi Arabia peninsula full access to the forex market and an additional CFD instruments and digital currencies. Saxo Bank is a multi-regulated broker that operates in the UAE under DFSA oversight. As a market maker broker, Saxo Bank only offers commission-free spreads, with no STP or ECN-style trading account available.

Three account tiers are available with different pricing and levels of customer support. Compared to other VIP retail investor accounts, Saxo Bank provides some of the best discounts for VIP traders. With such a large deposit needed, VIP accounts are best-suited to high volume and experienced traders.

To complement its discounted spreads, the broker offers additional benefits to VIP accounts such as advanced analysis and access to senior management and exclusive events. Dubai-based retail clients who seek to start trading with the lowest amount possible may put their trust in a regulated forex broker such as IG.

Founded in , IG Group Holdings Plc is a leading multi-regulated online trading provider serving customers from offices in 16 countries across 5 continents. IG is a trading name of IG Limited, an entity registered in the DIFC and regulated by the DFSA.

IG allows clients to fund their trading account by using one of the following methods:. If clients choose to fund their IG account via wire transfer or via bPay, there is no minimum deposit requirement. IG offers traders from Saudi Arabia direct market access to over 17, CFD instruments including stockbroker services over 12, stocks from global stock exchanges , a large choice of forex trading platforms, price improvement technology and low spreads that start from 0.

IG only scored poorly for its low forex leverage of up to HYCM is a multi-regulated, award-winning Forex broker with rich business history. HYCM is the trading name of Henyep Capital Markets UK Limited, HYCM Europe Ltd, HYCM Limited and Henyep Capital Markets DIFC Limited, all of which operate under one parent company — the Henyep Capital Markets group.

Based in Hong Kong, the Henyep Group is a global corporation that operates a diversified portfolio of businesses across Asia, Europe and the Middle East, including:.

HYCM has over 40 years of financial experience serving clients mainly in Asia and the Middle East. In , Henyep Investment Bank is renamed Henyep Capital Markets DIFC Ltd. Meanwhile, the Henyep Group consolidates capital markets investment brands and launches HYCM.

Our year Group heritage in the financial markets has positioned us as one of the most trusted and transparent brokers in the Forex industry, serving both institutional and retail clients across the globe. HYCM is authorized to offer services to residents of Austria, Belgium, the Czech Republic, Denmark, Germany, Hungary, Italy, Poland, Spain and Sweden. Henyep Capital Markets DIFC Limited is regulated by the DFSA under license number and is allowed to service professional and retail customers in Dubai.

When it comes to the best MetaTrader 4 trading platform offerings among the top DFSA regulated forex brokers that we reviewed, Axi formerly Axitrader clearly outpaces the competition. Axi is an international forex broker regulated by tier-one financial institutions, as follows:. This means the chance for traders to experience slippage is also reduced significantly, which ensures lower trading costs compared to a standard connection.

The top-notch technological solution offered by Axi translates into fast order execution speed. Axi can boost the millisecond execution speed of market orders.

Additionally, they are able to choose how market data is presented by using MT4 live charting options. The platform will also allow them to take advantage of automated trading via Expert Advisors and automated news updates. eToro which is the leading social trading broker worldwide is not DFSA regulated so the MT4 copy trading feature through Axi is a leading choice for Dubai traders.

Another essential feature is the Autochartist MetaTrader Plugin, which is a sophisticated real-time market scanner that allows Forex traders to automatically identify chart patterns without human intervention.

To find the best forex brokers in United Arab Emirates UAE , we created a list of all forex brokers that state they can accept traders and investors who are based in the UAE, then ranked them according to their overall rating. Swap Free Account. Our year Group heritage in the financial markets has positioned us as one of the most trusted and transparent brokers in the Forex industry, serving both institutional and retail clients across the globe. We also use third-party cookies that help us analyze and understand how you use this website. In honor of their success, they have chosen this location for future developments - Dubai Financial Center will soon become the main base when it comes to electronic devices or anything related to trade related business such as US currency transactions etc, so if you want better rates than anywhere else around city, then look no further for it here at Pepperstone.

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