Our team of experts reviewed the forex market in UAE and in Dubai with the aim to find the most reliable forex broker for traders from United Arab Emirates. This expert guide reviews the best forex brokers in the UAE. It compares forex accounts and platforms, DFSA regulation, Islamic accounts, forex spreads and fees, min. deposits and withdrawal methods.
Forex trading in Dubai is an award winning forex broker located in Dubai UAE, Australia and UK. Overall Forex trading in Dubai is among the cheapest uae forex brokers. This broker comes with one of the lowest spreads on the forex market. If you want to be profitable trader, you need to keep trading costs at minimum! Forex trading in Dubai is a regulated forex broker in UAE with DFSA license and local customer support in Dubai.
With a minimum deposit of $0 (though we recommend to start with at least $200). Whether you are a scalper, swing or even intraday trader, you can choose from following forex trading aps: Meta trader MT4, MT5, C Trader or Trading View.
Best Forex Brokers Dubai Reviewed
To help our readers choose the best forex broker in the UAE, we tested and compared the top providers in the market. We paid particular attention to the number of forex pairs available, fees, features, and security. So, let’s explore the best forex trading platforms in the UAE.
For those who prefer to trade on the go, Forex trading in Dubai offers the best trading app in the UAE – with support for the forex, stock, and commodity markets. Its trading app is highly intuitive and makes it incredibly easy to place orders. It is also one of the best crypto exchanges for UAE residents to buy and sell digital assets, such as Bitcoin, Ethereum, and Dogecoin.
Furthermore, this broker is also one of the heavily regulated forex trading platforms out there – with licenses from the FCA, SEC, CySEC, and ASIC. Crucially, Forex trading in Dubai features an Islamic account, which is an important factor for many UAE residents. It is also beginner-friendly, while, still providing all the standard brokerage features sought out by experienced traders.
When it comes to forex trading, Forex trading in Dubai lists close to 50 markets. And users will be able to access all of them on a spread-only basis – which starts from just 1 pip per slide. Forex trading in Dubai also offers support for both major and minor forex pairs. The Forex trading in Dubai platform comes with a good selection of standard trading tools, like price alerts, news feeds, market updates, and customized charts. Moreover, retail clients can leverage their forex trades on major currency pairs by up to 1:30. For minors, however, the leverage is limited to 1:20.
The standout feature of this broker is its unique passive and automated trading tools. On Forex trading in Dubai, users can duplicate the forex trading strategies of other leading investors, like-for-like, on their portfolios. Forex trading in Dubai also has a premium portfolio management product that allows its customers to diversify into multiple stocks and crypto currencies with just one click.
Forex trading in Dubai stipulates a minimum deposit of $50 from its users in the UAE – which comes to around 180 AED. Traders can fund their account with credit/debit card, e-wallets, or by making a bank transfer. The fees for processing the deposits come to 0.5% for UAE residents.
The next best forex broker to use in the UAE is Forex trading in Dubai, a popular forex trading platform that lets investor’s trade 29 different forex pairs. Along with FX trading, Forex trading in Dubai lets investor’s trade global stocks and indices.
After creating an account with Forex trading in Dubai in just a few minutes, users can access over 100 financial markets. On Forex trading in Dubai, users can trade FX pairs with low spreads, depending on the account type. There are four account types on Forex trading in Dubai – Silver, Gold, Platinum, and Diamond. Forex trading in Dubai has the best swap-free accounts of all brokers in UAE. Instead of the swap, Forex trading in Dubai charges traders a fixed forex commission.
The amount of the commission depends on the type of currency pair and the number of open lots. It isn’t based on the issuing banks’ interest rates. Forex trading in Dubai created swap-free accounts specifically for Muslim clients who can’t trade with swaps because of Sharia laws.
