Forex Brokers in UAE

UAE and its known center Dubai is the fastest-growing world region that became a major financial Middle East center, where the population has a high-income level and continues to search for investment ideas.

UAE Forex Platforms

Forex trading is legal in the UAE, and the country has a well-developed financial services industry that provides access to the global foreign exchange market. The UAE Central Bank oversees all financial activities in the country, including Forex trading, and sets strict regulations to ensure that Forex brokers operate in a transparent and fair manner.

  • To operate as a forex broker in the UAE, companies must be authorized and regulated by the UAE Central Bank or DFSA, which oversees all financial activities in the country.
  • Many international Forex brokers accept UAE traders and offer Trading Platforms for trading itself. The UAE has a well-developed financial services industry, and the country is home to many experienced Forex traders. As a result, many international Forex brokers offer their services to UAE traders.

Read more about Forex Market through Wiki.

UAE Trading ProsUAE Trading Cons
Strong financial infrastructureLimited leverage
Diverse range of Forex brokersLimited trading hours
Low transaction costsLimited range of trading insturments
Wide range of trading strategies
Tax-free trading

UAE Forex Regulation

To open a representative or handling office and become legally a Dubai or UAE Forex Broker, the company should get authorization from the DFSA (Dubai Financial Service Authority) or Abu Dhabi Central Bank, which regulates and supervises the financial sector of the region.

Check Dubai DFSA’s official website –, also recommend following the regulator on LinkedIn.

Also, there is a financial authority the Securities and Commodities Austerity (SCA) that regulated market proposals, yet does not mandatory require brokers to obtain its license. Website:

Yet, the authority is quite active with the public and available to assist. See more of the historic breakdown through Wikipedia, also we recommend following the SCA Twitter account for fresh updates and news feed: @SCA_UAE

See some of our finds about Forex Regulation in UAE:

  • UAE is home to many reputable Forex brokers, both domestic and international, that offer a wide range of trading instruments, competitive spreads, and advanced trading platforms. The country also has a growing community of Forex traders who are active in the market.
  • With its rapid economic growth and investment capability, it affects the increase of interest, especially UAE people in Forex trading and so attracts many Forex Brokers (Best Forex Broker Reviews) to the region.
  • However, the offering range still mainly consists of offshore brokers proposing their services and not regulated by any authority.
  • For safety reasons, Traders in the UAE should choose a Forex broker that is authorized and regulated by a recognized financial authority in their home country or in the jurisdiction where the broker is registered.
  • The maximum leverage that Forex brokers in the UAE can offer to their clients is regulated by the UAE Central Bank. The Central Bank sets the maximum leverage at 30:1.
  • Overall, the state of the Forex market in the UAE is favorable, and the country offers many opportunities for traders and investors to participate in the global foreign exchange market.

UAE SCA website

Top 5 Best Forex Brokers in UAE

The list below may shortlist your research as we define some popular searches, while brokers are highly regarded and reputable likewise. Also, see Islamic Account Brokers lists as this feature is necessary for the majority of UAE traders who are mainly Muslims and have to follow Sharia laws.

  • HFM — Best Overall Broker in UAE 2024
  • BlackBull Markets — Best MT4 Broker in UAE 2024
  • FP Markets — Best Broker for Beginners in UAE 2024
  • Eightcap — Lowest Spread Broker in UAE 2024
  • BDSwiss — Best for Scalping and EA Trading 2024

Who are Stock Brokers in UAE?

For trading Stocks in UAE select brokers with real Stocks trading as Interactive Brokers UAE offers, or choose brokers with Stock CFDs to speculate on the price movement solely like FP Markets, HotForex, etc.

Forex Brokers Dubai

Dubai being a state with separate financial system has slight differences in its Forex Operations and Dubai Forex Brokers offering too, alike there is a separate regulator DFSA (see our DFSA Article) along with some minor differences too, however UAE and Dubai Brokers offerings are very similar.

List of Forex Brokers for UAE Traders

These are the brokers that accept clients from UAE or Dubai and are verified Regulated Brokers with good trading conditions provided:

Broker Detail
Min. Deposit: 0 US$
Max. Leverage: 1:2000
Trading Platforms: MT4, MT5, HFM Trading App
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
HFM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader, BlackBull Trade, Trading View
Regulation: FMA, FSA
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5, cTrader
Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP, CMA
FP Markets Review
Saxo Bank
Min. Deposit: $5,000
Max. Leverage: 1:30
Trading Platforms: SaxoTraderGo, SaxoTraderPRO
Saxo Bank Review
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB, CySEC, FCA
Eightcap Review
BDSwiss Review BDSwiss
Min. Deposit: 10 US$
Max. Leverage: 1:400 | 1:2000
Trading Platforms: MT4, MT5, BDSwiss Webtrader, and BDSwiss Mobile App
Regulation: FSC, FSA, FSCA, MISA
BDSwiss Review
GO Markets
Min. Deposit: 0 US$
Max. Leverage: 1:30, 1:500
Trading Platforms: MT4, MT5, cTrader, WebTrader
Regulation: ASIC, CySEC, FSC, FSA
GO Markets Review
Errante Review Logo Errante
Min. Deposit: $€50
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader
Regulation: CySEC, FSA
Errante Review
Pepperstone Review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Pepperstone Review
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, SVG FSA
FXCC Review