Looking for Forex brokers Dubai UAE? Not sure if it is truly regulated in Dubai by DFSA? Or need to select  Forex Brokers Dubai suitable for your trading needs?  

We provide answers to all the above question and more in this article. We research and compare 100 largest Forex Brokers and Best Forex Brokers in World with Forex Brokers in Dubai. We verify the regulation status and licenses, trading costs like spread, funding conditions, trading platforms and more.

Regulated Forex Brokers in UAE & UAE Central Bank Regulated Forex Brokers in Dubai

UAE Forex Brokers are recommended but not obliged to obtain license and be regulated Forex brokers in UAE and its center Dubai.

In Dubai the regulatory body is DFSA (Dubai Financial Service Authority) and UAE Forex Brokers are regulated by Abu Dhabi Central Bank, also there is financial authority Securities and Commodities Austerity (SCA) regulating and supervising financial sector, check SCA on Wikipedia

To verify license and Broker record visit DFSA www.dfse.ae and SCA www.sca.gov.ae also follow Twitter account for latest news on regulations @SCA_UAE

Best Forex Brokers UAE - DFSA Regulation website
Best Forex Brokers UAE – DFSA Regulation website

Dubai UAE Best Forex brokers

To select the best Online Forex Brokers in UAE and Dubai we research and compare Forex Brokers with DFSA license, regulated by UAE Central Bank or SCA, or check International Regulated Brokers that accept clients from UAE or Dubai. We made detailed review of spreads, platform, deposits and withdrawals, education and customer service. Here is our List of Top Forex Brokers Review and Best Forex Brokers in the category:

  • IG – Lowest Spread Broker in Dubai
  • HYCM – Best Swap-free Broker UAE
  • AvaTrade – Best Currency Trading Broker UAE
  • XM – Best for low deposit requirement in Dubai
  • Pepperstone – Best  Forex Trading Platforms in Dubai

What makes a good forex broker Dubai UAE?

4 points makes a good Dubai Forex Broker including license and good reputation, trading conditions, education and research tools, and customer service.

  • Must be licensed by Dubai DFSA or UAE Central Bank or SCA or alternatively be reputable well-regulated broker that accept UAE clients (like some FCA regulated Forex Brokers)
  • Offering favorable trading conditions with low spread, good range of instruments and trading platforms
  • Provide education Webinars, trading videos and research
  • Professional Customer Support in different languages

List of Forex Brokers in Dubai & Top10 UAE Forex brokers List and Review

Here we narrow the list of over 100 Top Forex Brokers and Largest Forex Brokers to the Best Picks and compare Forex brokers according to selected criteria. If you don’t know from where to start see this list of Best Regulated Online Forex Trading Brokers in Dubai UAE:

Forex BrokerDFSA/ SCA/ UAE Central Bank RegulatedWhy they are our top picksOur Review
IGYesIG is god if you look for a low spread broker. IG EUR/USD avg spread at 0.8 which is lower compared to other brokers with 1.1. Also, IG stands on strong background and is publically traded company (while most brokers are just brokers).Visit IG site

IG Review
HYCMYesHYCM might be good for swap-free accounts and Islamic trading accounts. HYCM originally a European Broker expand to UAE and runs regulated entity, offering good conditions for swap-free accounts, also with good education.Visit HYCM site  

HYCM Review
AvaTradeNoAvaTrade might be good for Currency trading. Traders can choose between various platforms and numerous currency pairs including exotic ones, costs are good 0.9 pips for EURUSD lower than industry average of 1.2 pipsVisit AvaTrade site

AvaTrade Review
XMYesXM is the best for low deposit and MT4 platform traders. XM offers to start trading with only 5$, also get a deposit bonus and providing good range of tools plus excellent support.Visit XM site  
   
XM Review
PepperstoneYesPepperstone might be the best fit if you are looking for powerful platforms. Pepperstone offers both MT4 & MT5 and cTrader, there are extra tools like Smart Trader, AutoChartist and VPS and execution is just great.Visit Pepperstone site

Pepperstone review
BlackBull MarketsNoLooking for high leverage up to 1:500 with regulated broker, BlackBull should be your choice. Beside to high leverage ratios, which is quite unique now for regulated brokers due to regulations, there is range of platforms to choose from including MT4, MT5 and copy ZUluTrade.Visit BlackBull Markets site

BlackBull Markets Review
Saxo BankYesSaxo Bank is good for research. Saxo provides great trading software and some of the best researches provided in platform, by its team and leading market providers. Also, Saxo is trusted European Online Bank.Visit Saxo Bank site  

Saxo Bank Review
Forex.comNoForex.com might be good choice for beginners since it is trusted brand. There is great quality education and research, plus trading conditions are well rounded with different account types and cost models.Visit Forex.com site     

Forex.com Review
DukascopyYesFor VIP account and higher deposits, Dukascopy might be your option. Dukascopy is one of the largest online Switzerland banks, also with branch in UAE, providing great security and advanced proposals for VIP clients. It is one of the best for ECN accounts and transparency, plus customer service is excellent.Visit Dukascopy site  

Dukascopy Review
FXTMNoFXTM is good for beginners. FXTM has professional education section, running Seminars and Webinars, offering deposit bonus and good spreads, also FXTM is among 9 brokers with ECN accounts.Visit FXTM site

FXTM Review

More on Dubai UAE Brokers

To get started with Dubai or UAE recommended brokers it is better to narrow your selection with categories and compare list of legit Forex Brokers via the Broker Reviews, also we answered some of the common questions.

UAE Based Forex Brokers

There are still many brokers that are not based in UAE but accepting UAE clients, for UAE based Forex Brokers we would recommend select DFSA Forex Broker for better transparency like online Forex Broker XM.

ECN Forex Brokers Dubai

ECN Forex Brokers offering ECN trading environment and ECN accounts where fees are interbank spread plus commission and orders are connected to the market via bridges technology. True ECN environment providing Pepperstone.

Low Spread Forex Brokers Dubai

Low Spreads are offered by brokers like IG or Admiral Markets in Dubai with average spread for EURUSD around 0.6-0.8 pips, which is considered low, since the majority of brokers and industry offering are around 1.2 for EURUSD.

Author of this review

By Jimmy O'Brien

Author of this review

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

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