Best Forex Brokers In The UAE And Dubai For 2025

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Go to broker’s website Plus500 Overview

If you're too busy to read the entire article and want a quick answer, the best Forex broker in the UAE is Plus500. Why? Here are its key advantages:

Is legit in your country (Identified as United States )
Has a good user satisfaction score 6.83 out of 10
Fast deposits and withdrawals
Diverse trading instruments

Go to broker’s website Plus500 Overview

Below, we'll explain in more detail why we believe this and how brokers were evaluated.

Best Forex brokers in the UAE and Dubai in 2025:

Eightcap - Best broker to trade directly from TradingView charts
XM Group - Best Order Execution (99.35% of orders are executed nearly instantly)
RoboForex - Best Forex broker for beginners ($10 min. deposit, copy trading)
Exness - Best raw spread account (avg. spread for major FX pairs 0.1-0.2 pips)
VT Markets - Attractive Forex bonuses (50% welcome bonus, 20% deposit bonus)

Forex trading has become a favored choice for traders and investors in the UAE. As a major financial hub, Dubai and other Emirates attract numerous Forex traders seeking opportunities in this dynamic market.

If you’re considering entering the Forex market, selecting the right broker in the UAE can feel overwhelming, especially with the abundance of options available. For beginners or those with limited knowledge, the process can be particularly challenging.

To make the decision easier, we have compiled a list of the best online brokers. These brokers are either licensed by local regulators or accept clients from the UAE, ensuring a secure and reliable trading environment.

Best UAE Forex brokers

The table below presents the findings of broker analysis conducted by our experts. The evaluation focused on factors such as regulatory authorization within the UAE or acceptance of clients from the region, along with advantageous trading conditions.

Best Forex brokers in the UAE for 2025
	Min. deposit, $	Max. leverage	Min Spread EUR/USD, pips	Max Spread EUR/USD, pips	Withdrawal fee, %	Open an account
Eightcap	100	1:500	0,4	1,5		Open an account Your capital is at risk.
XM Group	5	1:1000	0,7	1,2		Open an account Your capital is at risk.
RoboForex	10	1:2000	0,5	2	0-4	Open an account Your capital is at risk.
Exness	10	1:2000	0,6	1,5		Open an account Your capital is at risk.
VT Markets	100	1:500	0,4	1,2	1-3	Open an account Your capital is at risk.

How to choose the best Forex trading platform in the UAE

Selecting the Forex trading platform is crucial for both beginners and seasoned traders in the UAE. Here’s how you can make the best choice based on your experience level:

For beginners

User-friendly interface

Opt for platforms with a simple, intuitive design to ease navigation and order execution.
Ensure the platform offers basic charting tools and features suitable for new traders.

Demo account availability

Look for platforms that provide free demo accounts, allowing beginners to practice trading without financial risk.

Educational resources

Choose platforms offering comprehensive tutorials, webinars, and trading guides tailored to beginners.
Access to a glossary and market analysis for better understanding is a plus.

Regulated brokers

Ensure the platform is offered by a broker regulated by UAE authorities like the Central Bank or internationally recognized regulators such as FCA or CySEC.

Low minimum deposit

Start with platforms that allow small initial deposits to minimize financial risk while learning.

Risk management tools

Ensure features like stop-loss orders and negative balance protection are available.

Mobile trading support

A beginner-friendly mobile app ensures convenience for learning and trading on the go.

For advanced traders

Advanced trading tools

Seek platforms with robust charting tools, technical indicators, and algorithmic trading capabilities.
Availability of APIs for custom strategies is beneficial.

Diverse instruments

Choose platforms offering a wide range of Forex pairs, CFDs, commodities, indices, and cryptocurrencies for portfolio diversification.

High-speed execution

Advanced traders require platforms with low latency for fast order execution to capitalize on market movements.

Customizable interface

Look for platforms where you can tailor layouts, charts, and tools to match your trading style.

Leverage flexibility

Access to higher leverage options allows seasoned traders to amplify potential gains while managing risks.

Depth of market (DOM) and level II pricing

These features help advanced traders analyze market liquidity and make informed decisions.

Integration with third-party tools

Compatibility with tools like MetaTrader 4, MetaTrader 5, TradingView, or other advanced software is vital for sophisticated strategies.
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General features to look for in a trading platform (for all traders):

Regulatory compliance

Ensure the broker and platform comply with UAE laws and are regulated by credible authorities.

Deposit and withdrawal options

Look for platforms offering seamless transactions in AED and other currencies through bank transfers, cards, or e-wallets.

Transparent costs

Prioritize platforms with low spreads, minimal commissions, and no hidden fees.

Customer support

Reliable 24/7 support in English and Arabic is essential for resolving issues promptly.

Platform reliability

Ensure the platform has a reputation for stability, security, and minimal downtime.

Rules and regulation in the UAE

Forex regulation in the UAE

In the United Arab Emirates (UAE), Forex trading is governed by several regulatory bodies to maintain market integrity and protect investors. The Central Bank of the UAE (CBUAE) supervises financial institutions and requires Forex brokers to obtain proper licenses to operate legally.

Brokers must adhere to specific standards, including maintaining minimum capital levels, segregating client funds, and following anti-money laundering (AML) and know-your-customer (KYC) protocols. The Securities and Commodities Authority (SCA) oversees securities and commodities markets, including Forex, to promote transparency and fairness.

In the Dubai International Financial Centre (DIFC), the Dubai Financial Services Authority (DFSA) acts as an independent regulator to ensure compliance within its jurisdiction.

Investor protection in the UAE

Investor protection in the UAE is supported by legal frameworks and dedicated institutions. The SCA has introduced measures to enhance governance and safeguard minority investors, promoting their active involvement in corporate dealings and general meetings. Courts like the DIFC Courts handle financial and investment-related disputes under common law principles, offering a reliable legal system for investors. The UAE has also signed agreements to shield investments from risks such as nationalization and expropriation, boosting investor trust.

Taxation in the UAE

When it comes to taxation, the UAE does not impose personal income taxes, so individual Forex trading profits are generally not taxed. However, corporate entities may face taxes depending on their activities and the emirate where they operate. It is advisable for traders and investors to consult tax professionals to ensure compliance with any applicable tax obligations.

The UAE provides a regulated Forex trading environment with strong investor safeguards and favorable tax policies, making it an attractive destination for Forex traders.

Is Forex halal?

The permissibility of Forex trading in Islam is a topic of debate among scholars, based on compliance with Shariah principles. Forex trading involves currency exchange, and its acceptability depends on factors like the presence of interest (riba), uncertainty (gharar), and gambling (maisir).

Conditions for permissibility

Immediate exchange (hand-to-hand). Transactions must involve the immediate exchange of currencies in the same sitting, ensuring no delay between the agreement and the exchange. This aligns with the hadith, "If these classes differ, then sell as you wish, provided that the exchange is hand to hand."
Avoidance of interest (riba). Engaging in transactions involving interest is prohibited. Many Forex accounts include interest through overnight positions, called swap or rollover fees, which are considered riba. To comply with Shariah, traders should use accounts that avoid charging or paying interest.
Elimination of uncertainty (gharar) and gambling (maisir). Transactions should not involve excessive uncertainty or speculative gambling. High-risk speculative trading, often seen in Forex markets, resembles gambling, which is forbidden. Trades should be based on genuine economic activity and not speculation.

Islamic Forex accounts

Some brokers offer Islamic Forex accounts that aim to comply with Shariah principles by eliminating interest charges. However, these accounts may include other non-compliant elements like hidden fees or terms that violate Islamic rules. It is important for traders to investigate these accounts thoroughly.

Divergent scholarly opinions

Some scholars allow Forex trading under strict conditions, while others view it as impermissible due to complexities and risks of non-compliance. The Islamic Fiqh Council has declared certain Forex practices haram because they involve riba and gharar.

Can you trade with internationally regulated brokers in the UAE?

Yes, individuals in the UAE can trade with internationally regulated brokers. Global authorities like ASIC (Australia), FCA (UK), and CySEC (Cyprus) are widely recognized for their stringent standards and robust enforcement of fair trading practices. Brokers regulated by these organizations adhere to strict rules, ensuring a secure and transparent trading environment for their clients.

When you choose a broker overseen by these regulators, you benefit from protections for your funds and personal data, along with access to a fair marketplace. However, it’s essential to research each broker thoroughly, review their policies, and understand their terms and conditions before opening an account or starting trades.

Forex trading hours in the UAE

Forex trading in the UAE operates 24 hours a day, five days a week, as it spans multiple global time zones. Here are the main trading sessions and their local timings:

Asian session

Time: 3 PM – 12 AM UAE time
This session begins in the late afternoon in the UAE and includes trading activities from major markets in Asia, such as Japan, China, and Australia.

London (European) session

Time: 7 AM – 4 PM UAE time
Starting early in the morning in the UAE, this session covers the primary European markets, including the UK, Germany, and France.

New York session

Time: 12 PM – 9 PM UAE time
Beginning in the late morning, this session highlights trading activity in the Americas, primarily in the United States.

By understanding these session timings, traders in the UAE can plan their strategies around peak market activity for maximum efficiency and opportunities.

Check for truly Shariah-compliant accounts

When starting Forex trading in the UAE, choose brokers that go beyond basic tools and provide unique features like guaranteed stop-losses. This option ensures your trade closes at your chosen price, even during sudden market shifts. While it might cost a little extra, it’s worth the added security, especially in unpredictable markets. Beginners can also benefit from brokers offering automated trading setups or APIs, which simplify repetitive strategies. In Dubai’s fast-paced trading scene, these tools help even newcomers streamline their approach and gain confidence through hands-on learning.

Another key point is finding brokers with customer support in Arabic or other languages you’re comfortable with. Misunderstandings during live trading can cause unnecessary stress and missed opportunities. Always choose brokers under strong UAE regulations, like the Dubai Financial Services Authority (DFSA). If you follow Islamic principles, check for truly Shariah-compliant accounts verified by scholars to avoid unexpected fees. Starting with a broker that values clear communication and local rules will help you grow steadily as a trader.

Methodology for compiling our ratings of Forex brokers

Traders Union applies a rigorous methodology to evaluate brokers using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

Regulation and safety. Brokers are evaluated based on the level/reputation of licenses and regulations they operate under.
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Brokers are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Brokers are assessed based on the variety, quality, and features of platforms offered to clients.
Other factors like brand popularity, client support, and educational resources are also evaluated.

Find out more about the unique broker assessment methodology developed by Traders Union specialists.

Conclusion

Forex trading in the UAE offers significant potential for traders when conducted with trusted, regulated brokers. By selecting brokers overseen by reputable authorities, traders benefit from enhanced security, transparency, and advanced trading tools. Understanding local regulations, trading hours, and market dynamics is essential for maximizing opportunities. Additionally, for those adhering to Islamic principles, using Shariah-compliant accounts ensures both financial and ethical alignment. With proper research and a solid strategy, the UAE’s Forex market provides a robust platform for traders to achieve their goals.

FAQs

Can I trust internationally regulated brokers?

Yes, brokers regulated by authorities such as ASIC, FCA, or CySEC are highly reputable and follow strict guidelines to ensure security, transparency, and fairness.

What should I look for in an internationally regulated broker?

Key factors include the broker’s regulatory body, fee structures, available trading tools, platform usability, and customer support quality.

Are Forex trading profits in the UAE taxable?

The UAE does not impose personal income tax on individuals, including Forex traders. However, taxation might apply to businesses depending on their structure.

What are the best times to trade Forex in the UAE?

The most active trading hours are during the overlap of major sessions, such as the London-New York overlap (4 PM – 8 PM UAE time), offering the highest liquidity and volatility.

Team that worked on the article

Rinat Gismatullin is an entrepreneur and a business expert with 9 years of experience in trading. He focuses on long-term investing, but also uses intraday trading. He is a private consultant on investing in digital assets and personal finance. Rinat holds two degrees in Economy and Linguistics.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).