There are many Forex brokers domiciled in Dubai. Most of them are not regulated by any bona fide regulatory organization which is unfortunate yet they handle millions of dollars of trades each day. It is not surprising that there are plenty of scams and fraud within the Forex industry in the UAE and traders are advised to be discerning when choosing to open an account with any Dubai based broker.
UAE is fastest growing online trader’s hub after Saudi Arabia. People have high income level and are always looking for alternative ways to earn money. This Forex trading interest of Gulf, especially UAE, has attracted many Forex brokers to the region.
See our listing of the top Dubai Forex brokers below before deciding on a broker.
Highly respected Kuwaiti regulation + Islamic accounts
Min. Deposit
$250
Bonus
20%
Trading Platform
MetaTrader 4, Web-based
Max. Leverage
1:400
Regulation
CMA – Kuwait
Best all-around: high floating leverage + fast execution
$5
Sign Up - 20%
MetaTrader 4, MetaTrader 5
Flexible Leverage
CySEC, FCA, IFSC
High leverage and great bonuses
$100
up to $5000 Cash Back
MetaTrader 4, Proprietary platform
MiFID
Instant withdrawals and deposits via Visa/Mastercards
$1
None
MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based
CySEC, FSC, BVI
Highly regulated, choice of fixed or floating spreads
Up To $5000
MetaTrader 4, Proprietary platform, Web-based
MiFID, Central Bank of Ireland, ASIC, FSC, BVIFSC