— Forex Trading in the United Arab Emirates is popular among residents. While recommended, forex brokers are not required to become authorized by the Securities and Commodities Authority (SCA) to accept residents of the United Arab Emirates as customers.
The Securities and Commodities Authority is the financial regulatory body in the United Arab Emirates. — Website: https://www.sca.gov.ae. We recommend that United Arab Emirates residents also follow the SCA on Twitter: https://twitter.com/sca_uae.
The SCA was established in 2000 and is responsible for supervising and monitoring the markets in the United Arab Emirates.— For a historical breakdown, here's a link to the Securities and Commodities Authority webpage on Wikipedia.
Best Forex Brokers United Arab Emirates
— To find the best forex brokers in the United Arab Emirates, we have created a list of all the best forex brokers that accept clients of the United Arab Emirates.
— Here is the list of the best forex brokers in the United Arab Emirates for 2021.
Comparison of Best forex broker that works for UAE Resident
Compare United Arab Emirates authorized forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by the firm's ForexBrokers.com Trust Score.
How to Verify SCA Authorisation
— Unfortunately, the SCA does not provide a list of authorized forex brokers; however, residents can contact the SCA directly to verify authorization.
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What are the best forex brokers in the United Arab Emirates?
— eToro ⇒ best broker for Forex, Oil, Bitcoin trading
— XM ⇒ Low spread broker, MT4/MT5, leverage 888:1
— XTB ⇒ best CFD platform (winner of 2018)
— IQ OPTION – best platform for fx binary options
— HotForex
— Avatrade
— IG
— Swissquote
— Instaforex
- True ECN Broker = tight spreads + lightning fast!
- Perfect for both beginners and advanced traders
- DFSA Licensed
- Competitive spreads starting from 0.0 Pips
- 185 currency pairs available
- up to 1:500 max leverage (under ASIC)
- Award-winning Metatrader4 (MT4), cTrader
- Very popular forex company in UAE
- Probably the Best Islamic forex account
- 24 Hours Monday-Friday Arabic language customer support
- $150 Minimum deposit
- Regulated by London UK (FCA), Australian ASIC
- Safe deposits in segregated accounts + fast withdrawals
- Solid online trading platform (no price requotes / no freezing)
- Read our Exness review here
- Forex Trading+Real Stocks+Cryptocurrencies+Commodities+Indices+ETFs
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