Best Forex Brokers in Dubai and UAE for 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the best Forex brokers UAE based on our analysis:
- 1
AvaTrade UAE - Best Dubai Forex broker - A wide selection of financial instruments. Innovative trading platforms. Highly rated educational resources. - 2
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 3
Pepperstone AE - Wide selection of trading platforms. Tight spreads and favourable trading conditions. A large number of trading instruments, including over 600 CFDs on stocks. - 4
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 5
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 6
- 7
HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 8
- 9
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 10
InstaForex - Large selection of trading instruments. PAMM accounts and the ForexCopy automatic trade copying service for passive income. 24/7 efficient customer support.
The Forex market in the UAE is experiencing significant expansion, driven by a selection of esteemed brokers providing a variety of trading platforms and advantages. Our team has diligently researched and created an extensive list of the Best Forex Brokers in the UAE, particularly suited for beginners. This compilation aims to assist you in selecting a broker that matches your trading preferences, ensuring the safety and integrity of your investments.
Comparison of the Best Forex Brokers in UAE
| Broker | AvaTrade UAE | FP Markets | Pepperstone AE |
|---|---|---|---|
| Rating | 4.7/5 | 4.7/5 | 4.5/5 |
| Foundation Year | 2005 | 2005 | 2010 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Regulators |
|
|
|
| Minimum Deposit |
|
|
|
| Trading Accounts |
|
|
|
| Spread | from 0.6 points | from 0 points | from 0 points |
| Trading Assets (CFDs) |
|
|
|
| Trading Platforms |
|
|
|
| Review | AvaTrade UAE Review | FP Markets Review | Pepperstone AE Review |
| Broker Comparison | |||
| Register | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds |
List of the Best UAE Forex Brokers for 2026
1. AvaTrade
AvaTrade UAE is well-suited for traders seeking a variety of trading instruments and user-friendly trading platforms. It can appeal to both beginners looking to start trading and experienced traders who want to expand their knowledge and skills.
Pros and Cons of AvaTrade UAE
Pros
- A wide selection of financial instruments.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
3. Pepperstone
Pepperstone AE is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.
The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.
The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.
Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.
Pros and Cons of Pepperstone AE
Pros
- Wide selection of trading platforms.
- Tight spreads and favourable trading conditions.
- A large number of trading instruments, including over 600 CFDs on stocks.
Cons
- Lack of diversity in types of trading accounts.
4. RoboForex
RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.
Pros and Cons of Roboforex
Pros
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
5. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
6. Plus500
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
7. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
8. Admirals
The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.
Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.
Pros and Cons of Admirals
Pros
- Low trading fees.
- Wide range of payment methods.
- Extensive analytical resources.
- A rich collection of educational materials.
Cons
- Inactivity fee.
- Some users complain about the intrusiveness of the support service.
9. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
10. InstaForex
InstaForex is a popular broker that offers a wide range of trading instruments and specialized accounts. The unique possibility of accruing interest on the account balance, ForexCopy's automatic transaction copying service, and support for cryptocurrency trading make InstaForex an attractive choice for a variety of traders. Customer support is available round the clock, and account replenishment does not charge any commission, which is a significant plus.
InstaForex is suitable for beginner traders and investors interested in passive income through PAMM accounts, as well as for those looking for innovative features such as cryptocurrency trading and automatic trade copying.
Pros and Cons of InstaForex
Pros
- Large selection of trading instruments.
- PAMM accounts and the ForexCopy automatic trade copying service for passive income.
- 24/7 efficient customer support.
- Wide range of methods for depositing and withdrawing funds.
- Decent analytical section.
Cons
- Trading commissions are above average.
- No trading accounts with market execution of orders (ECN or STP).
- Broker commission on fund withdrawals.
Regulation of Forex Trading in the UAE
Forex market regulation in the UAE aims to ensure transparency and fairness in trading activities, as enforced by the UAE's regulatory authorities. The primary guidelines for Forex trading are established by the Securities and Commodities Authority (SCA) and the Dubai Financial Services Authority (DFSA), which oversee firms offering Forex products.
Verifying Broker Authorization
To confirm a broker’s authorization by the SCA or DFSA, UAE Forex traders can use these authorities’ online resources to check brokers' registration and regulatory compliance. These platforms allow traders to verify if a Forex broker is regulated and authorized under SCA or DFSA guidelines. Typically, a broker's website will include key disclosure text indicating their regulatory status under these bodies.
Traders should search for the firm's name in the SCA or DFSA registration database to confirm compliance. Information on the licensing status of regulated brokers in the UAE can also be found on the official websites of the SCA and DFSA.
How We Compiled the List of Top Forex Brokers in the UAE
Our process for identifying the best Forex trading platforms in the UAE was conducted with meticulous precision and a comprehensive set of criteria:
We began by compiling an all Forex broker list that met our predefined benchmarks. Each broker was rigorously evaluated through a detailed assessment methodology to impartially analyze their services and operational efficiency.
We prioritized brokers regulated by respected financial authorities such as the SCA, DFSA, FCA, ASIC, and CySEC. This ensures the brokers operate with transparency and adhere to strict financial standards.
Brokers were assessed based on their trading conditions, including spreads, fees, minimum deposits, and the range of trading instruments available. We also evaluated the quality and usability of their trading platforms, with a preference for those offering popular platforms like MetaTrader 4 and MetaTrader 5, as well as proprietary platforms with advanced features.
The quality of customer support was a crucial factor, focusing on the availability of support in relevant languages and accessible communication channels. Additionally, we considered brokers that offer localized services, such as websites and educational resources tailored to the needs of traders in the UAE.
Genuine feedback from traders who have used these brokers firsthand was incorporated to provide a well-rounded view of each broker's strengths and weaknesses. This includes aspects like ease of use, customer service experiences, and overall satisfaction.
By following this thorough evaluation process, we ensured that our list of top Forex brokers in the UAE is reliable and trustworthy, helping traders make informed decisions in the dynamic Forex market.
FAQ
Which is the best Forex trading platform in the UAE?
The best Forex trading platform in the UAE depends on your trading needs and preferences. Popular platforms include MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their user-friendly interfaces and comprehensive tools. Additionally, some brokers offer proprietary platforms with advanced features tailored to specific trading strategies. For more information, check out this list of Forex brokers Metatrader 5.
Is Forex trading legal in the UAE?
Yes, Forex trading is legal in the UAE. It is regulated by authorities such as the Securities and Commodities Authority (SCA) and the Dubai Financial Services Authority (DFSA), ensuring that brokers adhere to strict standards and practices.
Which Forex broker has the lowest spread in UAE?
The Forex broker with the lowest spread in the UAE can vary depending on market conditions and account types. Generally, brokers like IC Markets, XM, and Pepperstone are known for offering competitive spreads. It's essential to compare brokers to find the best rates for your trading strategy.
Do traders pay tax in Dubai?
No, traders do not pay personal income tax on Forex trading profits in Dubai. The UAE does not impose taxes on personal income, making it an attractive location for traders.
How do you get started trading Forex in the United Arab Emirates?
To start trading Forex in the UAE:
- Choose a regulated Forex broker.
- Open a trading account and complete the verification process.
- Fund your account.
- Select a trading platform and start trading after gaining some understanding of market basics and strategies.
What is an Islamic/swap-free account?
An Islamic or swap-free account is a type of trading account that complies with Sharia law, which prohibits earning interest. These accounts do not incur overnight swap or rollover fees, making them suitable for Muslim traders. For more information, check out this list of Islamic FX brokers.
How to verify SCA authorization?
To verify SCA authorization, visit the official SCA website and use their online resources to check the broker's registration and regulatory status. You can search for the broker's name to confirm if it is regulated by the SCA.
What protection does the SCA provide Forex traders?
The SCA provides several protections for Forex traders, including ensuring that brokers adhere to regulatory standards, maintaining market integrity, and protecting investors from fraud and malpractices. The SCA also monitors and enforces compliance with financial laws and regulations.
How much money do I need to start trading in the UAE?
The amount of money needed to start trading in the UAE varies by broker and account type. Some brokers allow you to start with as little as $100, while others may require higher minimum deposits. It's important to choose an amount that you are comfortable with and that aligns with your trading strategy.
Which broker is best for beginners in the UAE?
Brokers for beginners in the UAE like RoboForex, XM, and AvaTrade are recommended due to their user-friendly platforms, comprehensive educational resources, and excellent customer support. These brokers offer demo accounts to practice trading without risking real money.
What is the difference between SCA and DFSA?
The SCA (Securities and Commodities Authority) regulates financial markets and brokers across the UAE, while the DFSA (Dubai Financial Services Authority) specifically oversees financial services within the Dubai International Financial Centre (DIFC). Both ensure compliance with regulatory standards but operate in different jurisdictions.
What leverage is available in the UAE?
Leverage available in the UAE varies by broker and regulatory guidelines. Typically, leverage ratios range from 1:30 to 1:500, depending on the broker's offerings and the trader's experience level.
Is Forex trading halal or haram?
Forex trading can be considered halal if it adheres to Islamic principles, such as using an Islamic/swap-free account that avoids interest (riba). However, opinions may vary, so it's advisable to consult with a knowledgeable Islamic authority.
How to choose a DFSA-regulated Forex broker?
To choose a DFSA-regulated Forex broker:
- Ensure the broker is listed on the DFSA's official website.
- Evaluate their trading platforms and conditions.
- Check their reputation through reviews and trader feedback.
- Verify the quality of their customer support.
- Consider their range of trading instruments and account types.
