Best Forex Brokers in Uae & Dubai In 2021 (TOP 10)
Best Forex Brokers in Uae & Dubai In 2021 (TOP 10)

Best Forex Brokers in Uae & Dubai In 2021 (TOP 10)

The foreign exchange market is one of the most important and fastest growing markets in the world. if you want to start trading, you will need a good forex brokers in uae . as you know a forex broker is an individual or an institute that serves retail traders’ orders it (sell, purchase orders, etc.) and provides him with market liquidity. Finding the best forex brokers in uae or dubai can be a difficult task. due to the growing public interest in forex trading, it is important that you carefully check each broker before choosing the one that suits your needs.

BEST FOREX BROKERS IN UAE AND DUBAI IN 2021:

  • XM – Best Overall Broker 2021, Good VIP Trading Account In UAE
  • Exness– Spreads that start from 0.0 on Professional Accounts, Deposit Processing Time is instant
  • Hotforex –  Best Forex Broker Asia 2019, Best Client Funds Security Global
  • Octafx– Best Low initial deposit
  • Roboforex– best ECN accounts
  • FXTM– Best Forex Trading Demo Account
  • Easymarkets – Best Forex Broker For Beginners
  • Avatrade – Best Fixed Spread CFD Broker

Best Forex Brokers In Uae

1. EXNESS

Exness is a Cyprus-based forex broker that also has an office in Seychelles. Given the divided nature of the company, clients from any part of the world can enjoy tailor-made investment and financial solutions from the comfort of their homes. Furthermore, the global forex broker provides lots of opportunities for both corporate and retail clients. As a retail broker, Exness has won several major awards for offering reliable and stable brokerage services under a comfortable and hassle-free trading environment. Even the most demanding traders are sure to benefit from Exness’s no hidden commissions and tight spreads. Furthermore, the intuitive MT4 trading platform offers traders an opportunity to trade on a variety of Futures and CFDs in different markets. In addition to great trading facilities, Exness has excellent and fast customer support services in more than 13 languages. Clients can easily reach out to them through emails, phone lines, and live chat read this article on best forex broker for scalping.

Exness: Customers Reviewed

 exness  

PROS

  • Based on Metatrader technology
  • Suitable for both professionals and beginners
  • Wide range of trading instruments including commodities and forex
  • Variety of analysis and research tools
  • Negative balance protection
  • Professional ECN account
  • Free withdrawals
  • Support for different languages
  • User-friendly trading software
  • No limits on strategies and technical analysis
  • Support via emails, phone, and live chat
  • Trading calculators, ideas, and insights

Minimum Deposit: $1
Regulated : CySEC, FSCA, FCA
Platforms: Metatrader 4, Metatrader 5
Minimum lot size: 0.01 lot
Spread Type: Variable
Maximum Leverage: 1:2000
Head Office: Cyprus
Deposit / Withdraw: Wire Transfer, Credit and debit cards, PayPal, Skrill, Neteller, and WebMoney.

2. XM

XM is among the world’s most regulated and trusted forex brokers whose clients are spread across over 196 countries. While the main branch of this forex broker is in Cyprus, it also has branches in other regions, like the UK, Australia, UAE, Greece, and Belize. The broker has about 3.5 million active traders on its platforms that include both professionals and novices.

XM always strives to provide an excellent user experience to its clients.

XM Group offers a separate account with additional features to clients who adhere to the Muslim religion in the United Arab Emirates. Islamic accounts or swap free accounts are required strict procedures ensure that the account traded equipment and complies with the restriction of dealing with interest. this means that there is no swap or rollover interest on overnight positions held by these accounts, allowing the client to trade interest free.

Here is some Features that Islamic accounts:

No interest/swap fees on overnight positions

No spread widening

Positions can be held without time limit

You get the same 888:1 leverage as our normal accounts, as well as free access to all trading platforms and fully dedicated customer support.100% real time market execution

Same trading conditions as our trading account typesDedicated 24/7 support from your client account manager

The best part about trading with XM is that one can open an account with them for as little as $5. Also, with XM’s global approach and penchant for discovering new markets, it supports a variety of research materials and webinars thus facilitating traders from different parts of the globe to start and engage in forex trading. XM has won several reputed awards for achieving industry standards, like Most Trusted Broker, Best Fx Broker for Europe, etc. The broker’s relentless focus on meeting client needs has helped it emerge as one of the admired companies in the world today.

XM: Customers Reviewed

     

PROS

  • More than 3.500.000 international customers
  • Competitive Spreads
  • Fast execution speed
  • No Re-Quotes And No Rejections
  • While the leverage is up to 1:888 the trade execution efficiency is 99.35%
  • Free VPS services 24/7
  • Free forex signals + market research
  • Swap-Free Islamic trading account
  • Wide range of trading opportunities
  • Low CFD fees
  • 16 different mobile, web, and desktop trading platforms
  • Customer support is responsive and fast
  • Support for multiple languages
  • Fee free withdrawals and deposits
  • Available in more than 190 countries

Minimum Deposit: $5
Regulated : IFSC, AFSL, CYSEC, Dubai Financial Services Authority (DFSA)
Platforms: Metatrader 4, Metatrader 5,
Minimum lot size: 0.01 lot
Spread Type: Floating
Maximum Leverage: 1:888
Head Office: Cyprus, Belize ,Australia
Deposit / Withdraw: Wire Transfer, Credit and debit cards, Skrill, Neteller, SOFort, iDeal, MoneyGram, WebMoney, China Union Pay

3. FBS

Welcome bonus : $140

Minimum Deposit: $100

Regulated : ASIC, CYSEC, FSCA, IFSC

Platforms: Metatrader 4, Metatrader 5, Mobile Trading, Platform Web Trading, FBS Trader

Minimum lot size: 0.01 lot

Spread Type: Floating spread from 0,5 pip

Maximum Leverage: 1:3000

Head Office: Cyprus

Deposit / Withdraw: Wire Transfer, Credit and debit cards, Perfect money, Skrill, Neteller, Webmoney,…..

4. HOTFOREX

Headquartered in Cyprus, HotForex is a forex broker that provides clients with 17 trading tools and more than 150 trading products, thereby providing access to indices, global markets, cryptocurrencies, shares, energies, commodities, metals, and bonds. To open an account with HotForex, the user needs to make a minimum deposit amount of $5.Altogether there are 6 different trading accounts with HotForex with each of them associated with specific requirements.

BEST DUBAI FOREX BROKERS IN 2021:

If you are starting new, you can open a demo account and later shift to a live one by depositing some money. Different trading accounts available with HotForex include Zero spread, Micro, Premium, AUTO, HFCOPY, and PAMM Premium accounts. Then there’s the Islamic account that is suitable for clients based in the MENA region.HotForex provides users with both MT4 and MT5 trading platforms through which they can access a variety of tools using a single click. So, whether you are a beginner or a professional trader, software experience with HotForex will never let you down.

Hotforex: Customers Reviewed

    

PROS

  • OVER 2.5MILLION ACCOUNTS
  • Numerous industry awards
  • Flexible leverage up to 1:1000
  • Super-tight spreads
  • Segregation of funds
  • Market Leading Insurance up to €5,000,000Multiple assets
  • The broker allows for a wide range of trading techniques. This includes hedging, scalping, and the use of EAs
  • Swap-Free Islamic trading account
  • No price requotes
  • Low trading fees
  • No deposit or withdrawal fees
  • Provides negative balance protection
  • One Click Trading
  • Free VPS hosting
  • Multiple trading platforms
  • Support in more than 27 languages

Minimum Deposit: $5
Regulated : CySEC, FCA, FSC, FSCA, FSA, Dubai Financial Services Authority (DFSA)
Platforms: Metatrader 4, Metatrader 5, WebTrader
Minimum lot size: 0.01 lot
Spread Type: Floating
Maximum Leverage: 1:1000
Head Office: Mauritius
Deposit / Withdraw: Wire Transfer, Credit and debit cards, Skrill, Neteller, China Union Pay

5. EASY MARKETS

Having commenced its operations back in 2001 in Cyprus, EasyMarkets was among the first ones to provide online trading facilities to clients through its customer-friendly platform. Today, EasyMarkets has a presence spread across different regions of the globe, including Sydney, Shanghai, the Marshall Islands, and Limassol. This trader-friendly company strives to provide reliable trading conditions to users even against volatile market conditions with no slippage and fixed spread.

In addition to providing forex instruments to clients, EasyMarkets’ offerings include energies, global indices, cryptocurrencies like Bitcoin, Ethereum, and Ripple, and metals. The Market Explorer of EasyMarkets runs on superior technologies to provide users with deeper market insights in real-time.
The education service of EasyMarkets is impressive as well. Traders of all levels will find the information available on their platform useful and easy to understand. Owing to brilliant and assured forex broking services provided by the broker, EasyMarkets has so far received more than 37 rewards. recommended you read forex brokers in saudi arabia.

PROS
Easy trading options
Trustworthy platform
Different financial instruments to choose from
No commission
Innovative trading platform with excellent features
Free research tools
Low fixed spreads
Bonuses and promotions for users
No order slippage
DealCancellation feature
Negative Balance protection

Minimum Deposit: $100
Regulated : ASIC, CYSEC
Platforms: Metatrader 4, easyMarkets App, easyMarkets Web Platform
Minimum lot size: 0.05 lot
Spread Type: Fixed
Maximum Leverage: 1:400
Head Office: Cyprus
Deposit / Withdraw: Wire Transfer, Credit and debit cards, PayPal

6. OCTAFX

Octafx, is a forex broker that has been operating since 2011, has experienced significant growth in recent years. The fact that it has won several awards is an indication of its phenomenal success in recent years. Octafx operates as an ECN and STP broker and offers state-of-the-art trading platforms such as Metatrader 4, Metatrader 5 and cTrader. On its platforms, Octafx allows fast execution orders and tight spreads. Octafx offers several trading accounts and also Islamic accounts on competitive tree spreads.

PROS

  • cTrader and MetaTrader 4 and MetaTrader 5
  • No swaps
  • Shariah-compliant options available for all account types
  • no slippage and fast execution
  • no commission on deposits and withdrawals
  • 50% deposit bonus
  • ultra-low spreads from 0.4 pips
  • Access leverage up to 500:1 with negative balance protection
  • Scalping, hedging, and EAs are all permitted strategies
  • OctaFX offers Advanced Financial Chart comparison tools

Minimum Deposit: $50
Regulated : Cysec
Platforms: Metatrader 4, Metatrader 5, Ctrader
Minimum lot size: 0.01 lot
Spread Type: Floating
Maximum Leverage: 1:500
Head Office: St. Vincent and the Grenadines
Deposit / Withdraw: Perfect money, Wire Transfer, Credit and debit cards, Skrill, Bitcoin, Neteller

7. ROBOFOREX

RoboForex is an online forex broker based in Belize that offers good trading conditions to the trading needs of companies and individuals from all over the world. The ECN professional trading account, also offers Islamic accounts without swaps and the Cent trading account that the broker offers on its platforms are extremely popular with users. The range includes the Cent account as an excellent option to start or test Ea offers a floating spreads or pet be used at tight spreads starting from 0 pips with an additional commission.

PROS

  • Institutional spreads from 0 points
  • Trade MetaTrader4, MetaTrader5, cTrader, R Trader
  • Leverage: up to 1:2000
  • Fastest execution possible
  • Bonuses offered
  • Tight spreads from 0 pips
  • Fast order execution
  • 100% Shariah compliant;
  • Available for all account types;
  • Easy one-click registration

Minimum Deposit: $10
Regulated : IFSC (Belize)
Platforms: Metatrader 4, Metatrader 5, Webtrader, Mobile Trader, Ctrader
Minimum lot size: 0.01 lot
Spread Type: Foating
Maximum Leverage: 1: 2000
Head Office: Belize
Deposit / Withdraw: Perfect money, Wire Transfer, Credit and debit cards, Skrill, Bitcoin, Neteller, ePayment; Fasapay, Paysec, Others

8. AVATRADE

Avatrade has been offering trading services since 2006 and offers to trade forex, CFD, spread betting and social trading. They are regulated by ASIC, CBI, and FSCA.

they offer four trading accounts with a minimum deposit of $100 for the standard trading account. as far as avatrade trading platforms are concerned, they are full of amazing trading platforms, such as Metatrader 4, AvaTradeGO, AVAOptions and AvaTradeAct.

avatrade trading commissions like many other forex brokers, they earn money by incorporating their commissions into the spread. you have a choice between fixed spreads, usually between 1.3 and 2.6 pips in the foreign exchange market or floating spreads and the leverage varies depending on the market and the country.

avatrade has a good customer service available 24/5. you can get customer support in 12 different languages and contact their agents by email, live chat or phone.

Minimum Deposit: $100
Regulated : FSA, ASIC, CBI, BVIFSC, MiFID
Platforms: Metatrader 4, AvaTradeGO, Automated Trading, Web Trading, Mobile Trading, AvaOptions
Minimum lot size: 0.01 lot
Spread Type: Floating
Maximum Leverage: 1:400
Head Office: Ireland
Deposit / Withdraw: Wire Transfer, Credit and debit cards, Skrill, PayPal, Neteller

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