Best Forex Brokers in UAE & Dubai (TOP 10 List) July 2019

Last updated: July 10th 2019

Below is a comparison table with the best forex brokers in UAE Dubai in 2019.

TOP 10 Forex Brokers in UAE

Broker's Name

united arab emirates
 BenefitsTrader's ScoreIslamic AccountMinimum depositTrading PlatformOur Review


High quality trading platform:
- Good for beginners and advanced traders
- Safe and secure
- $30 No Deposit Bonus
- Fully regulated
- Safe for large deposits
- Arabic / English support
- Low spreads from 0 Pips
- Min. trade from 0.01 Lot
- 57 Currency pairs
- 888:1 Max. Leverage
- Fast trade execution

$5MetaTrader 4
MetaTrader 5
Android/iOS Apps
Webrader Sirix
XM review


Automatically copy other traders
- Largest social trading network
- Copy profitable traders
- 7 Million Traders
- 47 currency pairs
- 15 Cryptocurrencies
- 1600 Real stocks
- Spreads from 3 Pips
Android/iOS Apps

eToro review

Henyep Markets

High quality broker
- DFSA Regulated in Dubai
- 500:1 Max. Leverage
- Very Fast trade execution
- Arabic / English support
- MT4 platform
- PAMM accounts
- Great for newbies and advanced
Yes$1000MetaTrader 4
Webrader Sirix
Webrader Sirix


- Located in DIFC Dubai
- Regulated by DFSA in Dubai
- Low spreads from 0 Pips
- Fast trade execution
- 48 Currency pairs
- 500:1 Leverage
- Metatrader4
- Online education
- High quality support
Yes$50MetaTrader 4
HF CopyTrading
Webrader Sirix
HotForex review


All-in-One Trading Platform:
- Excellent for beginners
- User Friendly
- 40 Currency Forex Pairs
- Binary options !!
- Digital options
- Stocks
- Indices
Interest free trading
- no charges for holding your positions
$10All in One Desktop Platform
Android/iOS Apps
IQ OPTION review


True ECN broker
- Regulated by ASIC / FCA U.K.
- Spreads EURUSD from 0.0 Pips
- 70 Currency pairs
- 400:1 Max. Leverage
- Fast trade execution
- No freezing
- MT4/MT5 or cTrader
MetaTrader 4
Android/iOS Apps
Webrader Sirix
Pepperstone review


Yes$400MetaTrader 4
XTB review


Yes$100MetaTrader 4
AvaTrade review

Yes$100MetaTrader 4
KeyStock Webtrader review


No$100MetaTrader 4


YES$100MetaTrader 4Instaforex review


Quick overview: The most trusted UAE online trading platforms

  1. XM.COM – overall the Nbr.1 forex trading platform preferred by UAE citizens in 2019
  2. IQ OPTION – suitable for forex, stock trading, binary options and crypto trading
  3. HotForex – well known brand with low trading costs (spreads) and local deposit options
  4. eToro – very popular social trading broker

    • Perfect for both beginners and advanced traders
    • STP broker
    • Competitive  spreads starting from just 0.8 Pips
    • 0 Zero Pips spread on ZERO Account
    • Free VPS available
    • 56 currency pairs available
    • 1:500 max leverage
    • Award winning Metatrader4 (MT4)
    • Very popular forex company in UAE
    • Probably the Best Islamic forex account
    • 24 Hours Monday-Friday Arabic language customer support
    • $5 Minimum deposit
    • Regulated by London UK (FCA) /  CySEC / Australia ASIC
    • Safe deposits in segregated accounts + fast withdrawals
    • Solid online trading platform (no price requotes / no freezing)
    • Read our XM review here
    • Forex Trading+Real Stocks+Cryptocurrencies+Commodities+Indices+ETFs

More Information about XM.COM 


Booming popularity of forex trading in United Arab Emirates is unfortunately attracting not only big and serious forex brokerages but also a lot of scammer companies which are located in offshore countries without license!

It is strongly advisable to deposit your cash only with regulated fx brokers who offer islamic forex accounts!

Our primary goal is to list fully regulated forex companies in UAE that are safe to trade with!

All forex companies listed on this website meet the following strict criteria:

  • SWAP free islamic forex accounts for UAE residents
  • generous forex bonuses for new clients
  • oversight by strict regulators (DFSA, FCA UK, Cysec etc…)
  • your deposits are safe and is kept in the best banks
  • have thousands of satisfied forex traders (not only from Dubai but worldwide)
  • high quality client support in Arabic language

forex broker in UAE

Is forex trading legal in United Arab Emirates?

Yes currency trading is perfectly legal in the UAE! Actually since forex trading became completely legal in Emirates, more and more retail investors living in this country invest their money in this very lucrative and dynamic field.

Who regulates forex brokers in the UAE and in Dubai?

The main regulatory authority with finance market oversight is Central Bank of United Arab Emirates or shortly just CBUAE.

In Dubai there is Dubai Financial Services Authority (DFSA) state regulatory body  which is responsible to regulate all forex trading companies located in Dubai.

How to find if your chosen broker is regulated by DFSA Dubai?

  1. Visit DFSA site using this link:
  2. Into “Enter a keyword” field write some Dubai forex trading company name for example HF Markets
  3. Click SEARCH
  4. You will get listed the company with their DFSA License number and all details.
  5. In case you get no results, it means either that brokerage has no DFSA license OR you searched for a wrong company name. Most companies have different company name and brand name..
  6. It is important to focus your attention on: Trading Name, Date of License, Address.

Overview of the UAE Financial Market

First and foremost, the country’s local currency is United Arab Emirates dirham (AED). In case you want to speculate on AED against USD, we will dissapoint you as AED has been pegged against USD since 1997 at the exchange rate of 3.6725.

With the GDP per capita reaching $40.698 (2017) according to the World Bank, UAE is indeed the main financial center in the Middle East and the whole Gulf region. Consisting of 7 Emirates, the most important hubs are without doubt the Emirates of Abu Dhabi and Dubai which  host the two most important financial securities exchanges in the country.

The leading exchanges are without doubt ADX (The Abu Dhabi’s Securities Exchange – and DFM (Dubai Financial Market

Besides the above two, there are also seven exchanges located directly in the city of Dubai:

  • NASDAQ Dubai technology exchange –
  • The Dubai Mercantile Exchange (DME) –
  • The Dubai Gold & Commodities Exchange (DGCX) –
  • The Dubai Diamond Exchange (DDE) –
  • The Dubai Pearl Exchange (DPE) – 
  • The Dubai Multi Commodities Centre (DMCC)
  • The Dubai International Financial Centre (DIFC) –

Note: *T&C’s are valid.** Bonuses are not available for traders residing in European Union.