Below is a comparison table with the best forex brokers in UAE in year 2018.
|Forex Brokers in Emirates|
|Broker's Score||9 / 10||9.5 / 10|
|Islamic account ?||Yes SWAP free islamic account||Yes SWAP free islamic account|
|Arabic language client support ?||Yes arabic language||Yes arabic language|
|Minimum deposit amount||$50||$5|
|BONUS for traders||100% Supercharge Bonus *||yes $30 FREE NO DEPOSIT BONUS
+ 50% up to 500$ bonus
+ 20% up to 4500$ bonus
|VPS free||Yes for accounts with deposit over $5k||Yes for accounts with deposit over $5k|
|Max. leverage||up to 1:500|
up to 1:1000 (Micro account only)
|up to 1:888
up to 1:500 for EU clients
|Number of currencies available||47||56|
|Spreads from||0.1 Pip||1 Pip|
|Read HotForex Review||Read XM Review|
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 traders
- comply with very strict regulation rules
- 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
TOP 10 Forex Brokers in UAE
|Rank||Broker's Score||Bonus||Minimum deposit||Trading Platform||Trading costs (Spread)||Our Review|
|#1||9.5 / 10||$30 FREE||$5||MetaTrader 4|
|from 1 pip||XM review|
|#2||9 / 10||100%**|
**Not valid in EU.
|$50||MetaTrader 4||from 0.1 pip||HotForex review|
**Your capital is at risk
|8.8 / 10||N/A||$10||--||IQ OPTION review|
|#4||8.6 / 10||40%||$100||MetaTrader 4||from 0,9 pip|
|#5||8.2 / 10 ||N/A||$500||CopyTrader™ ||from 2 pips||eToro review|
|#6||**Your capital is at risk||7 / 10||N/A||$100||WebTrader||-|
Who regulates forex brokers in the UAE ?
The main regulatory authority with finance market oversight is Central Bank of United Arab Emirates or shortly just CBUAE. In Dubai there is FSA for Dubai [http://www.dfsa.ae]
Is forex trading legal in United Arab Emirates ?
Yes curency 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.