Find the best forex brokers in UAE and Dubai according to fees & spreads. A number of forex brokerages have opened subsidiaries and are growing their user-based in Middle East. Local UAE traders like you should consider multiple factors before opening an account inside or outside Dubai.
Fx trading is an online business that involves great risk. Your hard-earned money should be secure at all times. Invest your earnings in a reliable, certified, and regulated forex trading broker platform. Avoid scams and make a wise decision in choosing your Dubai online Fx platform. Read on to learn about the best Fx platform in Dubai with fees & spreads included.
AvaTrade
AvaTrade is a legal UAE forex broker with competitive spreads and fees. In fact, the platform won the award for “Most Trusted Trading Platform in AED 2024.” This award-winning platform , with country of origin in Dublin, offers Dubai users Islamic accounts, swap-free positions, and no interest/riba charges. AvaTrade Islamic accounts follow Sharia Law compliance when setup properly. You can trade stocks, crypto, Fx pairs and CFDs on the platform. There are zero commissions and spreads start at just 0.9 pips. Please note that Islamic accounts pay fixed fess rather than percentage-based fees. Additionally, the platform is regulated by the ADGM and FSRA, offering additional protection in case of insolvency. Read more about AvaTrade review.
IG Brokers
IG Brokers is another top-rated forex platform in the UAE and Dubai. Regulated by DFSA, IG platform supports 17,000+ financial assets for Dubai traders. IG’s spreads start from 0.6 pips for key FX pairs – with no charges to open a new account. Comparing Oanda vs IG, the platform offers multiple educational resources to support new traders. In fact, beginners can access dedicated mobile apps to access articles, videos, and informative tutorials. Keep in mind IG platform may charge additional fees for keeping positions open overnight – resulting in higher overall costs for Dubai traders. Definitely, consider IG as your Fx trading platform for beginners in the Dubai for competitive spread and fees.
| Feature | IG |
| Regulation | DFSA (Dubai Financial Services Authority) |
| Minimum Deposit | 0 AED |
| Spreads From | 0.6 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:30 |
| Trading Platforms | IG Webtrader, MetaTrader-4, TradingView, Mobile apps |
| Total CFDs Available | 17,000+ |
| Local AED Support | Yes |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Scheme | Not for UAE clients |
FXNovus
FXNovus is listed as the top regulated and among the best Fx platform in UAE and Dubai. FXNovus offers a CFD trading platform to local Dubai traders like you. With a regulated operations, helpful financial instruments are accessible to users from Fx to cryptocurrencies.
When you trade with FXNovus, you’ll have advanced, user-friendly technology that has different analysis tools and algo trading strategies. In addition to that, a customer support system with 11 languages including Arabic is present in case of emergencies. These assets are perfect to start unlocking your potential in the Fx industry. Certainly, FXNovus is one of the best Fx platform in Dubai and Dubai with fees & spreads included.
Exness
As per the Exness review, this forex platform in the UAE is highly competitive. With competitive spreads, lower fees, and instant withdrawals, Exness is a trusted platform for beginners and experienced traders in the UAE. You can access real-time data on broker’s spreads, commission, and average execution speeds. This transparent environment creates a seamless experience for all Dubai traders. Compared to other platforms, Exness is one of the best affordable Fx platform in the UAE – with extremely low spreads. Indeed, consider Exness as your platform partner in the Dubai.
FXOpen
FXOpen is another top-rated Fx broker with competitive fees and spreads in Dubai. This legitimate broker provides highly competitive pricing, liquidity, and spreads starting from 0.0 pips. Partnered with top financial institutes and banks, FXOpen is one of the platform with the lowest commissions to Dubai-based traders. Additionally, FXOpen’s FCA regulations protect your trading account for up to £85,000. You can leverage the best available price on ECN, tight variable spreads, and multiple Fx currency pairs. In fact, multi-instrument traders can access 50+ FX markets 24/5. Indeed, leverage best fees and spreads with FXOpen in Dubai.
IC Markets
IC Markets is among the top UAE brokers with competitive fees & spreads. IC Markets allows UAE-based traders to leverage a wide range of assets like FX, commodities, indices, and cryptocurrencies. Their Fx spreads start from 0.0 pips for major currency pairs – with an affordable commission of $2.5 per lot. Dubai-based traders can also leverage the broker’s MT5 platform with IC Markets. With a fast execution speed of 40 ms, IC Markets is a reputed choice for high-volume traders in the Dubai. Read our IC Markets account types review for more details. Certainly, choose IC Markets from the best Fx platform in Dubai with fees & spreads included.
Choose IC Market UAE forex platform to open a swap-free account. The platform is regulated by authorities such as the Dubai Financial Services Authority (DFSA), CySEC and ASIC. These authorities ensure a secure and transparent trading environment for Dubai traders. UAE beginners and experienced traders can leverage their low trading costs and the Islamic accounts. Check out why to choose the IC Market platform for trading:
- Wide range of trading assets
- Competitive pricing and Low trading spreads
- Regulated by top authorities in the Dubai
- Fast trade execution speeds
The swap-free account allows you to avoid overnight swap fees as per Sharia law. Surely, choose the IC Market to TradingView Fx platform to open an Sharia compliant trading account.
Pepperstone
Pepperstone is another UAE FX platform to open an Islamic account. The platform is regulated by the DFSA authority in Dubai. You can create your Pepperstone AED accounts as a Dubai resident. Islamic traders can leverage their interest-free swap-free trading account. The platform also offers customer support in Arabic for easy guidance. Check out the features that the platform offers:
- Wide range of Platforms based on trading needs
- Low trading costs
- Free advanced trading Tools
- Swap-free accounts and Arabic support
- Regulated by DFSA in Dubai
The platform is a great choice for experienced traders who are looking for advanced tools, raw pricing and deep liquidity. Surely read Pepperstone broker review before opening your Sharia-compliant trading account.
OANDA
OANDA is another top UAE FX broker offering Islamic account options. Dubai traders can open an AED account to start Fx trading. The platform offers a transparent pricing structure and a user-friendly trading environment. You can even open an Oanda Sharia-compliant swap-free account in the same way as a normal account. Check out the features you get on these accounts:
- No Interest: The account uses alternative structures of earning or paying interest.
- No Haram Investments: Avoids industries like alcohol, gambling, etc.
- Transparent and accountable: Clear information on how your funds are managed.
The platform also offers tools such as detailed market insights, an automated bot, and customizable indicators. Surely, choose the OANDA minimum deposit Sharia-compliant account to start Fx trading.
eToro
eToro is another top-rated forex broker with Islamic account options. The platform is regulated by a DFSA (ADGM-regulated entity) in Dubai. UAE clients can get benefits such as negative balance protection and deposits in AED currency. You can even open swap-free trading accounts with eToro. To open this account, you need to submit a request on their website. Moreover, as a beginner trader, you can choose their CopyTrader account. These accounts allow you to automatically mirror the trades of experienced investors. Surely, choose the eToro Fx platform to start trading using swap-free accounts.
Discover the best Fx platform in Dubai based on fees and spreads. IC Markets offers a wide range of trading assets with lower spreads, commissions, and trading costs of $3.0. You can choose IG platform for a wide range of currency pairs and DFSA Regulations. FXNovus provides forex traders with helpful financial instruments to unlock their full potential. Exness stands out with competitive pricing, spreads, and instant withdrawals for cost-effective trading. To receive the best price on ECN and tight variables – consider the regulated best forex ECN brokers like FXOpen. Certainly, explore the 5 best Fx platform in Dubai according to fees and spreads.
