We found 11 online brokers that are appropriate for Trading Dubai Forex Investment Platforms.
Unlike many other countries, the UAE does not collect any tax from online trading in the monetary market. As a result, the advantages of foreign exchange trading in Dubai are numerous. Despite the numerous number of advantages, many traders are still skeptical of the Forex market due to its reputation for being risky. In actual fact, most of the times the losses that Forex traders experience are a result of their high leverage, rather than the nature of the Forex market itself. Therefore, making profits from trading in the Forex market is still very viable.
The Forex market has a daily turnover of more than five trillion dollars and is the biggest monetary market in the world. The Forex market also operates strictly online, where exchange of currency takes place digitally. When you trade in the Forex market, decisions to exchange currency pairs are mostly made based on speculation. Also, every transaction needs to pass through intermediaries known as dealers or brokers. Currencies that can be traded in pairs include the USD/AUD, EUR/USD, EUR/JPY, and more.
Trading in the Forex can be confusing for beginner traders with no experience. The exchange rate of a currency pair is usually an observation of a country's economy to the other.
Trading in the Forex market in Dubai is a different experience from other countries such as London or Malaysia. These countries possess specific monetary markets such as the London Stock Exchange and the Bursa Malaysia. In Dubai, the Forex market does not have such specific headquarters.
Also, the Forex market does not possess a central exchange. In fact, the Forex market is an interbank or OTC market, implying that every trade is carried out electronically in a group of banks. Similarly to conditions across the world, the Forex market in Dubai also operates 5 days a week.
When talking about trading volume, the Forex market or currency market is the biggest monetary market globally and a world regional market place. The Forex market does not determine the relative worth of various currencies but decides the current market rate of the worth of a currency through another. Statistics show that an evaluated 5.3 trillion dollars worth of currencies change from hand to hand daily. Unlike several monetary markets, the over-the-counter Forex market possesses no physical office or location or a central exchange and twenty-four hours trade per day via a worldwide group of businesses, such as individuals or banks.
The most commonly known type of Forex trading available in Dubai is spot trading. Spot trading simply means purchasing one currency by making use of another currency. During spot trading, the trader buys a certain currency at its buy rate from the broker, and sells another currency at its selling rate.
Usually, the buy price is relatively more than the selling price. The difference between the sell and buy price is known as the spread. This is the transaction fee paid by the trader to the broker or market maker.
If you are based in Dubai, you can trade CFDs and in the Forex market with Accuindex. For every customer who registers an account, you will be able to make use of a free swap platform, commission, leverage facilities of about 1:400, and tightened spread.
Despite the Forex market's reputations for being a risky trade, as long as traders familiarise themselves with the market platforms and the trading strategies, Forex trading in Dubai is very lucrative. Dubai's high leverages and tightened spread, as well as the lack of tax payment, enables traders to make higher profits as compared to their counterparts around the world. Therefore, as long as traders in Dubai looking to deal in the Forex market does sufficient research on the market, making profits should not be a Herculean feat!
We have conducted extensive research and analysis on over multiple data points on Forex Trading in Dubai to present you with a comprehensive guide that can help you find the most suitable Forex Trading in Dubai. Below we shortlist what we think are the best Dubai Forex Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex Trading in Dubai.
Selecting a reliable and reputable online Dubai Forex Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Dubai Forex Investment Platforms more confidently.
Selecting the right online Dubai Forex Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Dubai Forex Investment Platforms trading, it's essential to compare the different options available to you. Our Dubai Forex Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Dubai Forex Investment Platforms broker that best suits your needs and preferences for Dubai Forex Investment Platforms. Our Dubai Forex Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Dubai Forex Investment Platforms.
Compare Dubai Forex Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Dubai Forex Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Dubai Forex Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Dubai Forex Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Dubai Forex Investment Platforms that accept Dubai Forex Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | NordFX | EasyMarkets | SpreadEx |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 1 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Learn More |
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Up with icmarkets |
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Up with roboforex |
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Up with etoro |
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Up with xtb |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with nordfx |
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Up with easymarkets |
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Up with spreadex |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR |
You can compare Dubai Forex Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Dubai Forex Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Dubai Forex Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
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