Top United Arab Emirates Brokers for 2022
We found 11 online brokers that are appropriate for Trading United Arab Emirates.
Online Brokers in UAE & Dubai Guide
Updated August 13, 2022
United Arab Emirates Financial Markets
United Arab Emirates Brokers
For over a century, the UAE economy has functioned as an international finance centre.
The UAE, as the world knows it, has various financial markets established.
The most prominent UAE stock markets consist of the
Constant deregulation and reorganization have completely changed the UAE’s financial sector since as early as 2000 with substantial changes within the Dubai Financial Market banking, insurance, shipping, commodity markets.
The Central Bank of the UAE issues economic policy in the UAE.
United Arab Emirates Brokers
New traders wishing to invest in the Gulf nations must wonder how shares and stocks are bought in the United Arab Emirates from other regions in the world.
We have created this guide to provide traders and investors information on how to look for the best brokers in the Middle East.
The UAE’s Financial Market
The DFM (or Dubai Financial Market) and ADX (or the Abu Dhabi Securities Exchange) are two of the UAE’s major exchanges. Both are controlled by the SCA (or the Securities and Commodities Authority). These exchanges offer commodities, mutual funds, Islamic bonds, securities, equities, and various other financial products.
Online Forex Trading
When seeking online Forex trade in the UAE, look for brokers who offer industry-grade platforms such as MetaTrader 4 or MetaTrader 5. All reputable traders must offer Forex trading, CFD trading, Islamic accounts, and demo accounts, to say the least.
Trading Opportunities In The UAE
The UAE has a relatively friendly regulatory framework, domestic stability, and low tax rates. In recent years, the bloc has merged with numerous more international regulators. Economic data at the World Bank proves that the region is ranking favourably. That leads to an overall favourable financial environment.
Among other Middle Eastern countries, the UAE ranks seventh and first respectively, courtesy of the World Bank.
As a result of domestic stability, an encouraging environment and low tax rates, many financial institutions and crypto exchanges have made the UAE their headquarters. The UAE has also joined an extensive of regulators which have made it their aim to standardize and regulate ICO.
The United Arab Emirates (UAE) could pose significant opportunities for people seeking to invest in stocks, stocks, or real estate.
.Trading Challenges In UAE
In the previous year, the UAE enforced value-added taxes in that has led to increased costs in the Dubai Stock Exchange.
Continious clashes with Qatar are also affecting the region’s economy, and so far, the disputes see no end. Brokers in the UAE are being impacted the most since many international traders have backtracked to search for better markets.
The UAE’s credit rating is also ranked at 44 by the World Bank. Across-the-border trade also calls for a good deal of bureaucracy.
Abu Dhabi Securities Exchange
Founded in the year 2000 in Abu Dhabi, the ADX offers financial instruments like funds, equities, and bonds.
The Dubai Financial Market
Founded by the UAE government in 2000, the DFM dabbles in numerous financial operations, e.g., ETFs, equity instruments, and securities. Dubai also hosts numerous other exchanges besides the DFM and ADX.<.p>
Following are some of the other UAE financial institutions:
- The Dubai International Financial Centre
- The Dubai Multi Commodities Centre
- Dubai Diamond Exchange
- Dubai Pearl Exchange
- Dubai Gold and Commodities Exchange
- The Dubai Mercantile Exchange
- NASDAQ Dubai
Dubai International Financial Centre
Established by the Dubai government in 2002, the DIFC runs in a free economic zone. The DIFC aims to develop Dubai into an international financial leader.
Dubai Multi Commodities Centre
The Dubai Multi Commodities Centre runs in the Jumeriah Lakes Towers free economic zone. It offers tea, diamond, gold, and pearl.
Dubai Pearl Exchange
The Dubai Pearl Exchange is known for facilitating natural and farmed pearls.
Dubai Diamond Exchange
The Dubai Diamond Exchange is a legal exchange closely linked with the World Federation of Diamond Bourses.
Dubai Mercantile Exchange
The Dubai Mercantile Exchange is managed by the DFSA. It provides commodities and energy futures contracts.
Dubai Gold And Commodities Exchange
The Dubai Gold and Commodities Exchange trades equities, currencies, metals, and hydrocarbons.
NASDAQ Dubai
NASDAQ Dubai is an internationally accepted financial exchange in the Middle East.
Any corporations on this exchange gain immediate global recognition and trust.
- Sukuk (Islamic bonds), Shari’a-based products
- Traditional bonds
- Futures contracts and derivatives
- ETFs
- REITs
- Exchange-traded commodities
- Equities
Products To Trade Via United Arab Emirates Brokers
Brokers in the UAE offer a vast variety of products on their brokerage platforms and applications for trading. Following are the products traders can trade online:
Stocks And ETFs
Traders can invest in their chosen UK, US, and global stocks and ETFs. Traders can also opt for investing in dividend stocks to earn a passive stream of revenue.
CFDs
CFDs (or contracts for difference) allows traders to trade stocks and numerous other financial instruments without the need to own them. Traders are only required to bet on movements in price. CFDs give traders the leverage that lets them open bigger positions with low resources, and earn profits as if they are trading via large capital.
Cryptocurrencies
The crypto market has been the quickest financial market throughout the past years. It continues to gain popularity at a very rapid pace due to the substantial profits traders are making via cryptocurrencies.
Forex
Using Forex, traders can deal in currencies to gain profit from the fluctuations in price and earn revenue. The foreign exchange market is the most extensive financial market in the world.
What To Look For In A UAE Broker
Following are the guidelines you can follow when looking for a United Arab Emirates Broker:
The Broker’s Regulation
Look for a regulated broker since it is a better opportunity for traders in the UAE because there are no taxes involved whatsoever. It applies to other nations too. The main regulatory authority for UAE Forex is the Central Bank of the United Arab Emirates. Regulated brokers usually register with the financial regulatory agency of their country. Regional UAE foreign exchange brokers are managed by the Central Bank of the UAE, which proves useful for UAE traders.
The forex market has a distinctive quality that numerous market makers tend to make use of to draw in traders. The brokers buy and sell orders, executing them on the capital market. Based on the dealer, traders may be charged with different types of commissions, e.g., variable commissions, etc.
If you want to find out whether your chosen UAE broker is regulated, visit their website and go through their “About Us” page, or their footnotes. Such sections must contain their registration number as well as the regulatory body they are registered with like DFSA (or Dubai Financial Services Authority).
UAE Currency Support
The national currency used in UAE is the United Arab Emirates Dirham (the acronym AED for short). An affluent local populace combined with a favourable business environment has significantly aided in the creation of a robust trading market.
Security
The most requirements for choosing a UAE broker in the foreign exchange industry are quite simple, but crucial nonetheless. One of the most popular out of them is guaranteeing the security of your funds.
Traders must opt for a well-reputed broker who prioritizes safety above all else. Such brokers will handle your finances with care to avoid unnecessary losses.
Trading Charges
Any broker you go with will normally earn revenue via bid-ask spread costs, roll overcharges, and commissions. Other charges include trade volume fees, third-party tool usage charges, and dormancy charges.
Offered Platform
When determining which platform to choose, investors and traders must assess the costs as well as the features provided. The DIFC (or the Dubai International Financial Centre), as well as ADGM (or the Abu Dhabi Global Market) located in Abu Dhabi, are financial free zones offering foreign exchange trading services to clients. You must keep an eye out for helpful indicators like the platform’s authorization, preferred commission, and trading styles (with advanced options) in a platform.
Withdrawals And Deposits
Choose brokers known specifically for their simple withdrawal and deposit processes. Also, consider avoiding brokers known to make their clients wait long periods to get their funds back after withdrawal requests.
Commendable Customer Service
Good customer support is crucial for both newer traders and professional traders. The customer support offered should be able to resolve technical issues linked to services and products, as soon as possible. You can test your potential broker’s customer support by speaking to their representatives to learn more about their codes of conduct and charges.
The Advantages Of Forex Trading
Following are the advantages of Forex trading:
Lowered Costs
Forex trading usually constitutes very low commission costs. Traders can afford trading via Forex regulation.
Numerous Options
Through Forex trading, traders get numerous options in the market for businesses. They can also enter into futures contracts or spot trading.
High Liquidity
Compared to other financial markets, there are more market participants in the Forex market and that leads to more liquidity, an advantageous feat. The use of leverage also lets traders manage significantly large positions via small capital deposits.
Capital Prerequisites
It is not easy to trade in other financial markets without considerable capital investment, however, that can easily be managed in the foreign exchange market. Note that higher leverage on margin trading may offer benefits, but it carries its risk as well. Traders are required to establish the minimum capital amount, i.e., how much they can afford to trade with.
Central Bank Interference
Central banks rarely interfere in Forex trading. Traders can place orders directly with their chosen brokers. The brokers then move on with the process.
Offered Currency Pairs
There are approximately twenty-eight currency pairs available. That also includes eight main ones from the Forex site. Traders who can handle volatility can simply switch to other currencies without losing funds.
Drawbacks Of Forex Trading
Following are the drawbacks associated with Forex trading:
- The intervention of brokerages often leads to unfair commission fees and a lack of transparency.
- Some advanced features require users to register for VIP accounts, which cost more.
- Sometimes because of high leverage, high-risk factors are involved. Any uncertainty in the value of currencies may either result in greater profits or more significant losses.
- Prices may surge or plummet in response to market volatility, and that results in high risk.
- Be wary of scammers, who are known to rob unsuspecting investors after luring them in. Be sure to check if your chosen broker is regulated and offers fair trading opportunities.
United Arab Emirates Brokers Verdict
Because Forex trading is such a widespread practice, there is plenty of information on it. You can easily begin trading by downloading free-of-cost platforms, and entering and exiting your position swiftly. In terms of safety, most reputable brokers use advanced risk management tools to keep their clients safe from losses. However, it is advisable to first get investment advice from experts to lower your chances of suffering losses. UAE investors can contact any DFSA regulated broker and begin investing or trading.
We've collected thousands of datapoints and written a guide to help you find the best United Arab Emirates Brokers for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best united arab emirates brokers below.
Trading in United Arab Emirates
When trading in United Arab Emirates you will need to know what your options with your United Arab Emirates trading broker are.
We list below the trading account types available in United Arab Emirates. If you are looking for brokers in United Arab Emirates that are suitable for trading in the Forex, CFD's, Indices and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this United Arab Emirates broker guide will explain the things you should check and be aware of before you invest.
Forex Trading in United Arab Emirates
Forex trading is growing in popularity in United Arab Emirates. The volume of Forex traded in United Arab Emirates has increased year on year over the last five years.
Across the world $5.1 trillion USD in volume is traded every single day. This is a huge amount in comparison with other financial market sectors.
Advances in online technology, higher internet coverage in United Arab Emirates and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.
Is Forex Trading Legal in United Arab Emirates?
Their is a misconception that trading Forex on the financial market in United Arab Emirates is considered unsafe. This is not the case, Forex trading in United Arab Emirates is very active.
Trading in Forex is allowed in United Arab Emirates as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated. United Arab Emirates Forex trading is not banned, their are many international online brokers offering favourable trading conditions.
Do Forex Traders Pay Tax in United Arab Emirates?
Once a traders profits reach a level where the income on the Forex trading can be taxed in United Arab Emirates the trader should make sure all taxes owed for a financial year are paid. United Arab Emirates taxes should be filed even if there were losses on the year. If Trading losses cannot be claimed against personal income taxes. A trader should file them with the proper government agency in United Arab Emirates. You should seek advice with a United Arab Emirates tax professional to ensure they are abiding by all proper tax laws in United Arab Emirates. In United Arab Emirates Islamic accounts do not have additional restrictions on trades.
Cryptocurrencies in United Arab Emirates
Cryptocurrency markets in United Arab Emirates are relatively new and their availability are subject to local financial regulation. Because Cryptocurrency works on decentralised assets in United Arab Emirates things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in United Arab Emirates for example.
Due to a large young population in United Arab Emirates with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in United Arab Emirates. $6 billion USD worth of Bitcoin is traded daily around the world.
Commodity Trading in United Arab Emirates
In United Arab Emirates commodity trading includes the trade in precious metals, energies and agricultural commodities.
Some commodities like metals are seeing exponential growth in United Arab Emirates since 2002.
Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like United Arab Emirates are able to take advantage of this demand.
We list brokers that allow you to trade commodities in United Arab Emirates here.
Islamic Accounts in United Arab Emirates
United Arab Emirates brokers support Islamic accounts or swap-free accounts. United Arab Emirates Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in United Arab Emirates offer accounts that are suitable for Islamic traders. These United Arab Emirates brokers complies with Sharia law.
Benefits of Trading in United Arab Emirates
United Arab Emirates economy and population is growing. The middle class population in United Arab Emirates is increasing which means a growing consumer base. Many business and financial opportunities exist in United Arab Emirates. United Arab Emirates has a young population educated in technology and the internet.
Concerns of Trading in United Arab Emirates
United Arab Emirates digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this United Arab Emirates guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.
Learn about leverage when trading. United Arab Emirates Brokers offering high leverage trades in United Arab Emirates can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some United Arab Emirates brokers offer as a level of protection. you can learn more about further below on this guide.
Reputable Online Brokers in UAE & Dubai Checklist
There are a number of important factors to consider when picking an online United Arab Emirates trading brokerage.
- Check your United Arab Emirates broker has a history of at least 2 years.
- Check your United Arab Emirates broker has a reasonable sized customer support of at least 15.
- Does the United Arab Emirates broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your United Arab Emirates broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your United Arab Emirates broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your United Arab Emirates can hire people from various locations in the world who can better communicate in your local language.
It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.
When deciding to trade and find a suitable United Arab Emirates broker if you wish your broker to be 100% local check they are governed and regulated by the below.
- The Dubai Financial Services Authority
- Abu Dhabi Securities Exchange (ADX)
- Dubai Financial Market (DFM)
- Central Bank of the United Arab Emirates
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering United Arab Emirates Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below United Arab Emirates Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 United Arab Emirates Brokers of 2022 compared
Here are the top United Arab Emirates Brokers (AE).
Compare United Arab Emirates Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are united arab emirates brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more united arab emirates brokers that accept united arab emirates clients
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eToro
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IC Markets
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Roboforex
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AvaTrade
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XTB
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XM
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Pepperstone
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FP Markets
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Trading212
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NordFX
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EasyMarkets
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| locality | eToro accept United Arab Emirates clients | IC Markets accept United Arab Emirates clients | Roboforex accept United Arab Emirates clients | AvaTrade accept United Arab Emirates clients | XTB accept United Arab Emirates clients | XM accept United Arab Emirates clients | Pepperstone accept United Arab Emirates clients | FP Markets accept United Arab Emirates clients | Trading 212 accept United Arab Emirates clients | NordFX accept United Arab Emirates clients | easyMarkets accept United Arab Emirates clients |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, 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) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | 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), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | 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) |
| Min Deposit | 10 | 200 | 1 | 100 | No minimum deposit | 5 | 200 | 100 | 1 | 1 | 100 |
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| Used By | 27,000,000+ | 180,000+ | 10,000+ | 300,000+ | 250,000+ | 3,500,000+ | 89,000+ | 10,000+ | 15,000,000+ | 10,000+ | 142,500+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | 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 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
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Up with etoro |
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Up with icmarkets |
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Up with roboforex |
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Up with avatrade |
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Up with xtb |
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Up with fpmarkets |
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Up with trading212 |
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Up with nordfx |
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Up with easymarkets |
| Risk Warning | 78% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. 75.59% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | 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. | Losses can exceed deposits | Your capital is at risk |
| Demo |
eToro Demo |
IC Markets Demo |
Roboforex Demo |
AvaTrade Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
FP Markets Demo |
Trading 212 Demo |
NordFX Demo |
easyMarkets Demo |
| Excluded Countries | 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, JP | BE, BR, KP, NZ, TR, US, CA, SG | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, AS, AQ, AR, 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, UY, VU, VG, EH, YE, ZW | US, JP, NZ | US, CA | 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 |
eToro Risk Disclosure
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. 67% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
All United arab emirates brokers in more detail
You can compare United Arab Emirates Brokers 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 United Arab Emirates Brokers for 2022 article further below. You can see it now by clicking here
We have listed top United arab emirates brokers below.
Online Brokers in UAE & Dubai Table of Contents
- Financial Markets in United Arab Emirates
- Online Trading in United Arab Emirates
- Forex Trading in United Arab Emirates
- Is Forex Trading Legal in United Arab Emirates
- Do Forex Traders Pay Tax in United Arab Emirates
- Cryptocurrencies in United Arab Emirates
- Commodity Trading in United Arab Emirates
- Islamic Accounts in United Arab Emirates
- Benefits of Trading in United Arab Emirates
- Concerns of Trading in United Arab Emirates
- Online Brokers in UAE & Dubai Explained
- 6 Factors to Consider when Choosing Online Brokers in UAE & Dubai
- Are Your Online Brokers in UAE & Dubai Trusted And Established?
- Are The Online Brokers in UAE & Dubai World Leading?
- What are the Online Brokers in UAE & Dubai Commissions and Fees?
- What are the Online Brokers in UAE & Dubai Funding and Withdrawl Methods?
- Find Online Brokers in UAE & Dubai with Round-the-clock support?
- Make sure the Online Brokers in UAE & Dubai Offer Comprehensive Trader resources?
- Why Online Brokers in UAE & Dubai needs to be regulated?
- Online Brokers in UAE & Dubai FAQ
- What are the best United arab emirates brokers?
- What is the best United arab emirat broker?
- Is Forex Trading Legal in United Arab Emirates?
- Do Forex Traders Pay Tax in United Arab Emirates?
- How do you trade Forex or CFDs in United Arab Emirates?
- Related Online Brokers in UAE & Dubai Reviews
- Related Online Brokers in UAE & Dubai Alternatives
- Related Online Brokers in UAE & Dubai Comparisons
Online Brokers in UAE & Dubai Explained
Trading the financial markets with Online Brokers in UAE & Dubai when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Online Brokers in UAE & Dubai is the platform that a Online Brokers in UAE & Dubai offer.
Choose Online Brokers in UAE & Dubai that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Online Brokers in UAE & Dubai that you can rely on.
6 Factors to Consider when Choosing Online Brokers in UAE & Dubai
Follow these five rules for selecting a broker that's right for you:
Are Your Online Brokers in UAE & Dubai Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Online in UAE & Dubai broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
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IC Markets
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Roboforex
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AvaTrade
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XTB
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XM
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Pepperstone
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FP Markets
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| Year Established | 2007 | 2007 | 2009 | 2006 | 2002 | 2009 | 2010 | 2005 |
| Head Office | Cyprus, UK | Australia | Cyprus | Ireland | Poland | Cyprus | Australia | Australia |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, 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) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | 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), Cyprus Securities and Exchange Commission (CySEC) |
| Used By | 27,000,000+ | 180,000+ | 10,000+ | 300,000+ | 250,000+ | 3,500,000+ | 89,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | No | No | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit IC Markets | Visit Roboforex | Visit AvaTrade | Visit XTB | Visit XM | Visit Pepperstone | Visit FP Markets |
| Risk Warning | 78% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. 75.59% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits |
Are The Online Brokers in UAE & Dubai World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Online Brokers in UAE & Dubai is IC Markets. IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
|
IC Markets
|
Roboforex
|
AvaTrade
|
XTB
|
XM
|
Pepperstone
|
FP Markets
|
| Instruments Available | 2000 | 232 | 100 | 1250 | 4000 | 1000 | 1200 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | 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 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | ZA, 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, | US | US, JP | BE, BR, KP, NZ, TR, US, CA, SG | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | AF, AS, AQ, AR, 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, UY, VU, VG, EH, YE, ZW | US, JP, NZ |
| Forex pairs offered | 50 | 65 | 35 | 55 | 57 | 55 | 70 | 60 |
| Forex pairs offered | 50 | 65 | 35 | 55 | 57 | 55 | 70 | 60 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes | Yes | No | Yes | Yes |
| Commodities Offered | 31 | 19 | 21 | 17 | 21 | 15 | 16 | 18 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | Yes | Yes | No | Yes | Yes |
| Stocks Offered | 2042 | 110 | 0 | 1000 | 1696 | 160 | 1100 | 10000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Online Brokers in UAE & Dubai Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Online in UAE & Dubai broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 10.
Another top rated Online in UAE & Dubai broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
|
IC Markets
|
Roboforex
|
AvaTrade
|
XTB
|
XM
|
Pepperstone
|
FP Markets
|
| Min Deposit | 10 | 200 | 1 | 100 | 0 | 5 | 200 | 100 |
| Withdrawl Fees | Yes | No | Yes | No | varies | No | No | No |
| Inactivity Fees | Yes | No | No | No | Yes | Yes | No | No |
| Deposit Fees | No | Varies | No | No | No | No | No | Yes |
| CFD Commission Fees | Yes | Yes | No | No | Yes | No | Yes | Yes |
What are the Online Brokers in UAE & Dubai Funding and Withdrawal Methods?
When dealing with Online Brokers in UAE & Dubai having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
IC Markets
|
Roboforex
|
AvaTrade
|
XTB
|
XM
|
Pepperstone
|
FP Markets
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | Yes | No | Yes | Yes |
| Skrill | Yes | Yes | No | No | Yes | No | Yes | Yes |
| Payoneer | No | No | Yes | Yes | Yes | No | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Online Brokers in UAE & Dubai with Round-the-clock support?
Customer service is very important when dealing with Online Brokers in UAE & Dubai.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Online Brokers in UAE & Dubai customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
|
IC Markets
|
Roboforex
|
AvaTrade
|
XTB
|
XM
|
Pepperstone
|
FP Markets
|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese |
| Learn More | Visit eToro | Visit IC Markets | Visit Roboforex | Visit AvaTrade | Visit XTB | Visit XM | Visit Pepperstone | Visit FP Markets |
| Risk Warning | 78% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. 75.59% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits |
Make sure the Online Brokers in UAE & Dubai Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Online Brokers in UAE & Dubai needs to be regulated?
A regulated Online in UAE & Dubai broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Online in UAE & Dubai brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Online Brokers in UAE & Dubai List
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. 67% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Zero account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
78% of retail investor accounts lose money when trading CFDs with this provider.