6 Best Forex Brokers in United Arab Emirates (UAE)
The 6 Best Forex Brokers in the UAE – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders from the United Arab Emirates.
In this in-depth guide, you will learn:
- Top Forex Brokers in UAE
- Brokers’ compliance with UAE laws
- Comparison of spreads and commissions
- Account types for different traders
- Available platforms and resources
- Support and assistance quality
- Advantages and drawbacks of each broker
and much, MUCH more!
| 🔎 Broker | 🚀Open an Account | 💴 Min. Deposit | ⭐ Trust Score (5) |
| 🥇 FP Markets | 👉 Click Here | 100 USD | 4.9 |
| 🥈 Plus500 | 👉 Click Here | 100 USD | 4.9 |
| 🥉 AvaTrade | 👉 Click Here | 100 USD | 4.8 |
| 🏅 FXTM | 👉 Click Here | 10 USD | 4.6 |
| 🎖️ Vantage | 👉 Click Here | 50 USD | 4.7 |
| 🥇 Pepperstone | 👉 Click Here | 10 USD | 4.9 |
6 Best Forex Brokers in UAE (2025)
- ☑️ FP Markets – Overall, the Best Forex Broker in the UAE
- ☑️ Plus500 – Impressive Proprietary Offering
- ☑️ AvaTrade – High Level of Regulation
- ☑️ FXTM – Low Minimum Deposit Required
- ☑️ Vantage – Popular Broker for Beginners
- ☑️ Pepperstone – Best Overall Trading Experience
1. FP Markets
FP Markets is a well-established forex broker founded in 2005. It offers a wide range of trading accounts and features, including leverage up to 1:500. It is highly regulated in regions such as Australia, Cyprus, and South Africa, ensuring top-tier security and investor protection. In addition, the broker offers over 1,000 CFDs, competitive spreads starting from 0.0 pips, and supports multiple trading platforms like MetaTrader 4/5 and cTrader.
| Broker | FP Markets |
| Minimum Deposit | 100 AUD |
| Fund Withdrawal Fee | None |
| Spreads From | 0.0 pips |
| Commissions | Commission-free on some accounts |
| Account Segregation | Yes |
| Negative balance protection | Yes |
| Investor Protection Schemes | Yes |
| Swap Fees | Yes (varies by account type and asset) |
| Leverage | Up to 1:500 |
| Margin Requirements | Varies by asset and leverage level |
| Regulation | 🇦🇺 ASIC 🇨🇾 CySEC 🇿🇦 FSCA 🇸🇨 FSA 🇲🇺 FSC 🇰🇪 CMA |
| Open an Account |  |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Low forex fees | Limited product portfolio |
| Negative balance protection | Selected Withdrawal Fees |
| Competitive Spreads | High Fees for International Bank Withdrawals |
| Strong Regulation | Limited Educational Resources |
| MetaTrader 4, MetaTrader 5, and cTrader | Lacks a proprietary platform |
Frequently Asked Questions
What is the minimum deposit for FP Markets?
The minimum deposit is 100 AUD or equivalent.
Is FP Markets regulated?
Yes, FP Markets is regulated by ASIC, CySEC, FSCA, FSA, CMA, and FSC.
Does FP Markets offer an Islamic account?
Yes, FP Markets offers an Islamic account.
What are the trading platforms available at FP Markets?
FP Markets supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, TradingView, and cTrader.
Our Insights
FP Markets stands out as a reliable and secure choice for both beginners and professional traders, offering competitive fees, strong regulatory backing, and a wide variety of account types and platforms. Furthermore, with high-leverage options and an array of educational resources, it is well-suited for active traders and those looking to diversify their portfolios across forex, commodities, stocks, and indices.
2. Plus500
Founded in 2008, Plus500 is a publicly traded broker offering CFD trading on a wide range of instruments such as forex, stocks, commodities, and indices. With over 400,000 active traders, Plus500 is regulated by top authorities including the FCA, ASIC, and CySEC. Moreover, the platform offers competitive spreads from 0.8 pips, no commissions, and leverage up to 1:30 for retail clients.
| 🔎 Broker | 🥇 Plus500 |
| 📌 Year Founded | 2008 |
| 👤 Amount of staff | 1,000+ |
| 👥 Amount of active traders | Over 400,000 active traders (as of the latest reports) |
| 📍 Publicly Traded | Yes, listed on the London Stock Exchange (LSE: PLUS) |
| 🛡️ Regulation and Security | Very High |
| ⭐ Regulation | FCA CySEC ASIC MAS FSA EFSA DFSA CFTC |
| 🌎 Country of regulation | UK Australia Cyprus New Zealand |
| 1️⃣ Suited to Professionals | ✅Yes |
| 2️⃣ Suited to Active Traders | ✅Yes |
| 3️⃣ Suited to Beginners | ✅Yes |
| 🥰 Most notable Benefit | Wide range of tradable instruments futures on forex, stocks, commodities, indices, etc.), user-friendly platform |
| 🥺 Most Notable Disadvantage | Limited educational resources for beginners, lack of fundamental analysis tools |
| 🔃 Account Segregation | Client funds are kept in segregated accounts |
| 🔋 Investor Protection Schemes | Client funds are protected under the Financial Services Compensation Scheme (FSCS) in the UK, and other local protection schemes |
| ⚙️ Account Types and Features | Real Account Demo Account |
| 💴 Minor account currencies | USD, EUR, GBP, and other major currencies available for trading; minor currencies not as widespread |
| 💶 Minimum Deposit | $100 (or equivalent in other currencies) |
| ⏰ Average deposit processing time | Instant (depending on payment method) |
| ⏲️ Average withdrawal processing time | 1-3 business days |
| 💵 Fund Withdrawal Fee | No withdrawal fees for most methods |
| 💳 Commissions | Commissions only, No spreads |
| 💰 Swap Fees | Applicable swap fees/overnight financing |
| ↪️ Leverage | varies by instrument (Trading with leverage comes with a high risk and may not be suitable for everyone.) |
| ➡️ Margin requirements | Varies by asset class typically between 2% to 5% |
| ☪️ Islamic account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⌚ Order Execution Time | 1-2 seconds |
| 📈 Total Offered | Over 2,000+ Futures |
| 📉 Stock Indices | ✅Yes |
| 🌽 Commodities | ✅Yes |
| 📊 Shares | ✅Yes |
| 💹 Deposit Options | Credit/debit cards bank transfer PayPal Skrill Neteller e-wallets |
| 💱 Withdrawal Options | Credit/debit cards bank transfer PayPal Skrill Neteller e-wallets |
| 🖥️ Trading Platforms | Plus500 WebTrader, Plus500 Mobile App +INSIGHTS |
| 💻 OS Compatibility | WebTrader (browser based), iOS, Android |
| 🖱️ Forex trading tools | Basic charting tools, risk management tools (stop-loss, take profit), no advanced trading tools like MetaTrader4/5 |
| 🩷 Customer Support | Responsive |
| 🐦 Social Media Platforms | Facebook YouTube |
| 🗯️ Languages supported | English, Spanish, German, French, Italian, Portuguese, Dutch, Chinese, and other languages |
| 🎓 Forex course | No comprehensive course; limited resources |
| ✏️ Webinars | Limited availability |
| 📔 Educational Resources | Basic tutorials and guides |
| 🫰🏻 Affiliate program | ✅Yes |
| 🫶 Amount of partners | Hundreds of affiliate partners globally |
| 🤝 IB Program | ✅Yes |
| 🎉 Sponsor | Legia Warsaw Chicago Bulls BSC Young Boys |
| 🚀Open an Account | 👉 Click Here (82% of retail CFD accounts lose money.) |
Pros and Cons
| ✅ Pros | ❌ Cons |
| The Plus500 platform does not have a high learning curve like other platforms | Plus500 does not offer MetaTrader or any other third-party platforms |
| Plus500’s demo account is ideal for testing trading strategies and practicing trading | High fees |
Frequently Asked Questions
What is the minimum deposit for Plus500?
The minimum deposit is $100 or equivalent in other currencies.
Is Plus500 regulated?
Yes, Plus500 is regulated by the FCA, ASIC, CySEC, and several other authorities.
Does Plus500 offer an Islamic account?
Yes, Plus500 offers an Islamic account.
What trading platforms are available at Plus500?
Plus500 offers its proprietary WebTrader platform and mobile app.
Our Insights
Plus500 is a solid choice for both beginners and experienced traders due to its easy-to-use platform, competitive spreads, and wide range of tradable instruments.
3. AvaTrade
AvaTrade, established in 2006, is a highly regulated forex and CFD broker with a strong global presence. It is licensed by tier-1 regulators like the Central Bank of Ireland, ASIC, and CySEC, ensuring top-notch security. In addition, AvaTrade offers over 19,000 tradable assets, including forex, stocks, commodities, and cryptocurrencies. It provides various trading platforms such as MetaTrader 4/5, AvaTradeGO, and AvaOptions, with competitive spreads and leverage up to 1:400 for professional traders.
| Broker | AvaTrade |
| Minimum Deposit | 100 USD |
| Fund Withdrawal Fee | None |
| Spreads from | 0.9 pips |
| Commissions | None |
| Swap Fees | Applicable |
| Leverage | Up to 400:1 |
| Margin Requirements | Varies by account type and instrument |
| Bonus Offers | 100% Bonus |
| Affiliate Program | Yes |
| IB Program | Yes |
| Rebate Program | Yes |
| Regulation | 🇮🇪 CBI 🇻🇬 BVI 🇲🇺 FSC 🇦🇺 ASIC 🇿🇦 FSCA 🇯🇵 JFSA 🇯🇵 FFAJ |
| Open an Account | |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Negative balance protection | Slow withdrawals (over 3 days) |
| Free withdrawals | High inactivity fees |
| Great research tools | Average CFD fees |
| Regulated by multiple financial authorities | Higher spreads for Standard Account |
| Diverse asset range | Varying customer support responsiveness |
| Competitive spreads | Slow deposit processing |
Frequently Asked Questions
What is the minimum deposit for AvaTrade?
The minimum deposit is 100 USD.
Is AvaTrade regulated?
Yes, AvaTrade is regulated by multiple authorities including the Central Bank of Ireland, ASIC, and CySEC.
Does AvaTrade offer an Islamic account?
Yes, AvaTrade offers Islamic accounts.
What trading platforms does AvaTrade offer?
AvaTrade offers MetaTrader 4, MetaTrader 5, AvaTrade WebTrader, AvaOptions, AvaTradeGO, and others.
Our Insights
AvaTrade is a reliable and well-regulated broker offering a wide array of trading instruments and platforms suitable for both beginner and professional traders. Its strong regulatory framework, high-leverage options, and diverse educational tools make it a great choice.
4. FXTM
Founded in 2011, FXTM is a well-regulated forex broker offering high leverage of up to 1:2000. It operates under the regulation of authorities such as the FSC (Mauritius) and the Capital Markets Authority (Kenya). Furthermore, FXTM provides a variety of account types, including Islamic and managed accounts, and offers over 250 CFDs across forex, commodities, stocks, and indices. The broker features competitive spreads starting from 0.1 pips, and commissions are often zero for standard accounts.
| Broker | FXTM |
| Minimum Deposit | 200 USD |
| Fund Withdrawal Fee | Varies by method and account type |
| Spreads From | 0.1 pips |
| Spread Type | Variable Floating |
| Commissions | Variable; often zero for standard accounts |
| Swap Fees | Daily fees after a certain time period |
| Leverage | 3000 |
| Min. Lot Size | 0.01 |
| Margin Requirements | Varies by instrument and account type |
| Regulation | 🇬🇧 FCA 🇰🇪 CMA 🇲🇺 FSC 🇦🇪 SCA |
| Open an Account | |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Variety of Account Types | High Min. Deposit Requirement |
| Competitive Fees | Wider Spreads on Some Accounts |
| Wide Range of Instruments | Demo Account Expiry |
| Flexible Deposit and Withdrawal Options | Limited Swap-Free Options |
| High Leverage | Commissions on Some Accounts |
Frequently Asked Questions
What is the minimum deposit for FXTM?
The minimum deposit is 200 USD.
Is FXTM regulated?
Yes, FXTM is regulated by the FSC in Mauritius and the Capital Markets Authority in Kenya.
Does FXTM offer an Islamic account?
Yes, FXTM offers an Islamic account.
What trading platforms are available at FXTM?
FXTM offers MetaTrader 4, MetaTrader 5, and FXTM Trader.
Our Insights
FXTM is a highly versatile broker that caters to both beginner and professional traders. With its wide range of account types, educational resources, and high-leverage options, it stands out for active traders, scalpers, and those seeking a variety of trading instruments.
5. Vantage
Founded in 2009, Vantage Markets (formerly Vantage FX) is a well-regulated broker offering competitive spreads starting from 0.0 pips and leverage up to 500:1. In addition, the broker is regulated by authorities such as ASIC, FCA, and FSCA. Vantage Markets provides a wide range of trading instruments including over 300 CFDs, and offers multiple account types like Pro ECN, Raw ECN, and Standard STP.
| 🔎 Broker Name | 🥇 Vantage Markets (Vantage FX) |
| 📌 Year Founded | 2009 |
| 👤 Amount of staff | Approximately 250 |
| 👥 Amount of active traders | Over 1 million |
| 📍 Publicly Traded | None |
| ⭐ Regulation and Security | High |
| 🛡️ Regulation | ASIC FCA VFSC FSCA |
| 🌎 Country of regulation | Australia United Kingdom |
| 1️⃣ Suited to Professionals | ✅Yes |
| 2️⃣ Suited to Active Traders | ✅Yes |
| 3️⃣ Suited to Beginners | ✅Yes |
| 🥰 Most notable Benefit | Competitive spreads and extensive trading instruments |
| 🥺 Most Notable Disadvantage | Limited educational resources for beginners |
| 🔂 Account Segregation | ✅Yes |
| 🚩 Negative Balance Protection | ✅Yes |
| 🤝 Investor Protection Schemes | ✅Yes |
| ⚙️ Account Types and Features | Pro ECN Raw ECN Standard STP Swap Free |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | ✅Yes |
| 💴 Minor currencies | ✅Yes |
| 💶 Minimum Deposit | 50 USD |
| ⏰ Average deposit processing time | 1-3 business days |
| ⏱️ Average withdrawal processing time | 1-3 business days |
| 💵 Fund Withdrawal Fee | None |
| 🔖 Spreads from | 0.0 pips |
| 💷 Commissions | Depends on account type |
| 💳 Number of base currencies | 5+ (including USD, AUD, EUR) |
| 💸 Swap Fees | Varies by instrument and account type |
| 🏷️ Leverage | Up to 500:1 |
| ↪️ Margin requirements | 0.2% - 0.5% depending on the instrument |
| ☪️ Islamic account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⏹️ Order Execution Time | < 50 ms |
| ⏺️ VPS Hosting | ✅Yes |
| 📈 Total CFDs Offered | 300+ |
| 📉 CFD Stock Indices | ✅Yes |
| 🍎 CFD Commodities | ✅Yes |
| 📊 CFD Shares | ✅Yes |
| 🏧 Deposit Options | Credit/Debit Card, Bank Transfer e-Wallets |
| 💲 Withdrawal Options | Bank Transfer e-Wallets |
| 💹 Trading Platforms | MetaTrader 4 MetaTrader 5 ProTrader CopyTrading Vantage App |
| 💱 OS Compatibility | Windows, macOS, iOS, Android |
| 🤖 Forex trading tools | Multiple |
| 🩷 Customer Support | Responsive |
| 🌟 Live chat | ✅Yes |
| 💌 Support Email | [email protected] |
| ☎️ Support Contact | Varies by Region |
| 🎓 Forex course | Limited |
| ✏️ Webinars | ✅Yes |
| 📔 Educational Resources | Articles, guides |
| 📚 Affiliate program | ✅Yes |
| 📒 Amount of partners | Numerous |
| 📑 IB Program | ✅Yes |
| 🗃️ Sponsors events/teams | ✅Yes |
| 🗄️ Rebate program | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Narrow spreads on the ECN accounts | Some payment methods might incur withdrawal fees |
| Fast transaction execution while minimizing slippage in turbulent markets | Some services and product offers may be restricted by Location |
| Traders can use webinars, market analysis, and other instructional resources | Share CFD trading expenses may be higher than those of certain rivals |
Frequently Asked Questions
What is the minimum deposit for Vantage Markets?
The minimum deposit is 50 USD.
Are Vantage Markets regulated?
Yes, Vantage Markets is regulated by ASIC, FCA, and FSCA.
Does Vantage Markets offer an Islamic account?
Yes, Vantage Markets offers an Islamic account.
What trading platforms are available at Vantage Markets?
Vantage Markets offers MetaTrader 4, MetaTrader 5, ProTrader, and CopyTrading.
Our Insights
Vantage Markets is a strong broker for both professional and active traders, offering high leverage, tight spreads, and a broad selection of CFDs. Moreover, it provides excellent regulatory security, fast order execution.
6. Pepperstone
Founded in 2010, Pepperstone is an Australian-based broker regulated by ASIC, FCA, and other reputable authorities. It offers a wide range of trading options with spreads from 0.0 pips, leverage up to 1:500, and over 1,200 CFDs, including forex, indices, and commodities. In addition, Pepperstone supports multiple account types, including Islamic accounts, and provides a variety of platforms like MetaTrader 4, MetaTrader 5, cTrader, and TradingView.
| Broker | Pepperstone |
| Minimum Deposit | AU$10 |
| Fund Withdrawal Fee | None |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | 1:500 (Pro) 1:200 (Retail) |
| Margin Requirements | Varies |
| IB Program | Yes |
| Regulation | 🇦🇺 ASIC 🇩🇪 BaFin 🇰🇪 CMA 🇨🇾 CySEC 🇦🇪 DFSA 🇬🇧 FCA 🇧🇸 SCB |
| Open an Account | |
Pros and Cons
| ✓ Pros | ✕ Cons |
| There is no initial minimum deposit to register an account | Pepperstone charges currency conversion fees |
| Various deposit methods can be used to fund accounts | There are limited crypto payment options compared to competitors |
| Pepperstone accepts several major currencies for deposits | Bank wire transfers can take up to 7 days |
Frequently Asked Questions
What is the minimum deposit for Pepperstone?
The minimum deposit is AU$10.
Does Pepperstone offer an Islamic account?
Yes, Pepperstone offers an Islamic account.
What is the leverage offered by Pepperstone?
Leverage ranges from 1:200 for retail clients to 1:500 for professional traders, depending on the license.
What trading platforms are available at Pepperstone?
Pepperstone offers MetaTrader 4, MetaTrader 5, cTrader, TradingView, and its proprietary platform.
Our Insights
Pepperstone is a well-regulated and highly secure broker that caters to both beginners and experienced traders. With its low minimum deposit, competitive spreads, high leverage options, and robust trading platforms, it is a top choice for active traders.
Is Forex Trading Legal in the UAE?
Forex trading is legal in the UAE, but it is subject to regulation by local authorities. The UAE Central Bank oversees financial markets, while the Dubai Financial Services Authority (DFSA) and the Abu Dhabi Global Market (ADGM) regulate forex brokers operating in the Dubai International Financial Centre (DIFC) and ADGM.
Furthermore, to trade forex in the UAE, traders must use licensed brokers that comply with local regulations. Additionally, traders are advised to follow the rules around taxation and avoid unregulated platforms.
In Conclusion
Forex trading is legal in the UAE, with strict regulations in place to ensure a safe trading environment. Traders must use licensed brokers authorized by local financial authorities such as the DFSA and ADGM. Moreover, the UAE offers a well-regulated space for forex trading, making it a popular destination for both local and international traders.
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Faq
Yes, forex trading is legal in the UAE when done through licensed brokers.
The UAE Central Bank, DFSA, and ADGM regulate forex trading in the country.
Currently, the UAE does not impose taxes on forex trading profits.
No, it is illegal to trade forex with unlicensed brokers in the UAE.
Forex trading is allowed, but traders must adhere to the regulatory guidelines set by UAE authorities.
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