Many traders in the UAE use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Paper Trading App in the UAE for 2026, based on our assessments.
eToro is an international broker for trading and investing in assets, copying trades of experienced market players and earning income on offering your own successful strategy. The activities of eToro are controlled by European financial regulators: CySEC and FCA. The broker offers its clients the opportunity to trade indices with a maximum leverage of 1:20 and ETF instruments with a leverage of 1:5. Size of leverage in eToro can also vary depending on the regulation of the division of the broker you work with.
Easy Equities is a broker for active and passive investors. The company provides optimal conditions for users regardless of their investment experience, and offers access to trading fractional shares and accounts for children under age.
Daniels Trading is a broker specializing in futures trading. Its trading conditions are suitable for users with various levels of professionalism and also provide an opportunity to invest and trade actively.
Zacks Trade is a broker that offers its clients a wide selection of US stocks, funds, options and bonds, and also access to the foreign stock market.
1
Best Paper Apps in the UAE - eToro
The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA.
👍 Advantages of trading with eToro for traders in the UAE :
•High level of reliability ensured by the licenses of respected regulatory authorities and participation in the compensation funds.
•Wide selection of assets quoted at stock exchanges in the UK, U.S., Australia and Asia.
•An opportunity to combine active trading with social trading and passive investing.
•Zero-fee trading of a number of stocks.
•Access to ready-made diversified asset portfolios with various risk levels.
•Provision of leverage, educational materials on various markets and user-friendly trading platforms that can run on any device.
•Zero fees for portfolio management, depositing funds and account maintenance.
👎 Disadvantages of eToro for traders in the UAE:
•High minimum deposit for users of a number of countries.
•No live chat on the website for quick connection to customer support.
2
Best Paper Apps in the UAE - Easy Equities
Easy Equities (EasyEquities) is a US stock broker providing financial services in the international market. The company opens access to South African, American and Australian markets and provides an opportunity to trade fractional shares. Investors can choose an individual or corporate account and there are also accounts for children. EasyEquities is a part of two licensed financial services companies — First World Trader and Purple Group.
👍 Advantages of trading with Easy Equities for traders in the UAE :
•Demo accounts with two base currencies to choose from: USA and ZAR.
•Low trading commissions and zero non-trading fees.
•An account for children under age.
•No required minimum deposit amount.
•A possibility to invest independently or use investment offers of the broker.
•Residents of the majority of countries can open an account with the broker.
•Fractional shares are among trading instruments available to traders.
👎 Disadvantages of Easy Equities for traders in the UAE:
•Deposit and withdrawal take several days.
•The broker offers very few methods of contacting customer support.
•There is no information about the authorities regulating the operation of Easy Equities.
3
Best Paper Apps in the UAE - Charles Schwab
Charles Schwab is one of the largest financial services firms in the United States and globally. Founded in 1971, it is headquartered in Westlake, Texas. The company provides brokerage, banking, and financial advisory services. Clients can trade stocks, options, ETFs, bonds, mutual funds, futures, annuities, money market funds, and cryptocurrencies. There are no fees for opening or maintaining an account, and there is no minimum deposit requirement. Online commission for most trades in stocks, ETFs, options, bonds, and mutual funds is $0. Charles Schwab is regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) in the United States.
👍 Advantages of trading with Charles Schwab for traders in the UAE :
•No minimum deposit requirement.
•Access to international stocks from 30+ countries through different investment approaches and instruments.
•Direct online access to trading on 12 foreign exchanges.
•Trading is available through desktop platforms, web-based solutions, and mobile apps.
•$0 commission for many trades in stocks, ETFs, options, mutual funds, and bonds.
•24/7 client support via online chat.
👎 Disadvantages of Charles Schwab for traders in the UAE:
•No demo accounts.
•No access to the foreign exchange market.
•Withdrawals are processed only in U.S. dollars and are not converted into other currencies.
4
Best Paper Apps in the UAE - Daniels Trading
Daniels Trading is an American broker, which has been providing financial services since 1995. The company specializes in futures trading and offers traders independent trading or trading with the broker’s assistance. Consulting services are also available at Daniels Trading. The company’s operation is controlled by the NFA (National Futures Association, 0476094) and CFTC (Commodity Futures Trading Commission), which guarantee the broker’s reliability and protection for its clients.
👍 Advantages of trading with Daniels Trading for traders in the UAE :
•Accounts for the novice traders and professional market players.
•There are different ways to contact the company and the client can choose the most suitable one.
•The company offers investment programs for earning passive income.
•Daniels Trading provides free educational materials on futures trading and skill improvement.
•Registration on the website takes no more than three minutes.
•The broker’s clients can use the consulting services.
👎 Disadvantages of Daniels Trading for traders in the UAE:
•It is impossible to deposit and withdraw funds via electronic payment systems.
•The broker offers flexible trading conditions, which is why the minimum deposit amount and the commissions need to be requested individually.
•No bonus and referral programs, contests.
5
Best Paper Apps in the UAE - Zacks Trade
Zacks Trade is a stock broker headquartered in Chicago. The company has been providing investment services and quality analytical research since 1978. It is a division of LBMZ Securities, for which Interactive Brokers provides clearing and execution services. Zacks Trade is regulated by FINRA (CRD#: 7874/SEC#: 8-23266) and SEC, and is a member of SIPC. The broker offers its clients access to trading securities of the USA, Europe and Asia using proprietary platforms with powerful analysis instruments.
👍 Advantages of trading with Zacks Trade for traders in the UAE :
•The list of countries, the residents of which can open an account, includes 218 states.
•Wide selection of shares of international markets and quoted at the US stock exchanges.
•Reliable regulation by highly respected regulation authorities FINRA and SEC.
•No account service, inactivity or deposit fees.
•Fully digitalized account opening procedure.
•Over 20 base currencies.
•Access to subscription to professional instruments of research from third party providers and specialists of the broker’s own analytical department Zacks Investment Research.
👎 Disadvantages of Zacks Trade for traders in the UAE:
•At the moment, the broker’s clients cannot trade cryptocurrencies, futures, commodities and Forex instruments. Only shares are available from the securities of foreign exchanges.
•IRA accounts are available only for US tax residents.
•Funds cannot be deposited to the account using debit/credit cards. Also withdrawals to debit/credit cards are not available.
Best Paper Trading App in the UAE 2026: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
eToro - Education for Investors
Investment Education Online
eToro pays special attention to the education of traders. The broker’s website features information about what copy trading, leverage and margin are. There are also descriptions of how to buy and sell various types of financial instruments.
Upon completion of registration, any trader can create a free demo account with a virtual deposit of $100,000 and practice trading in an entirely risk-free environment.
Easy Equities - Education for Investors
Investment Education Online
Easy Equities is a broker that provides investment opportunities to its clients regardless of whether they have experience or not. There is a section on the company’s website featuring educational materials that can help the beginners understand the basics of investing and provide additional information to the more experienced traders.
Users can test new trading strategies and their trading skills on free demo accounts. There are two virtual demo accounts: a USD account with a balance of $10,000, and ZAR account with ZAR 100,000.
Charles Schwab - Education for Investors
Education
The Charles Schwab website features educational materials in the “Learn” section focused on investing and stock market trading. The content is structured by topic and covers both basic and more advanced aspects of analysis and trading.
The Charles Schwab educational section is well suited for investors and traders working with traditional assets such as stocks, funds, bonds, and derivatives. Topics are presented consistently and cover both strategic portfolio approaches and applied analysis.
Daniels Trading - Education for Investors
Investment Education Online
The company’s clients not only have access to derivative markets, but also have an opportunity to develop and grow in trading. The section with free educational materials available to all users without limitations will help traders improve their professional level.
The broker provides an opportunity to open an imitation account to try trading, test new trading strategies and check the conditions offered by Daniels Trading.
Zacks Trade - Education for Investors
Investment Education Online
ZacksTrade website does not feature a separate Education section. The future investors can find useful information in the Support section (the button is in the lower part of the home page of the website). It features the answers to frequently asked questions and video tutorials on how to set up an account, work with platforms, make a deposit and withdraw funds from the accounts.
Trading on a demo account allows you to test and learn about the trading platform, learn to open orders and use built-in technical analysis indicators.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in the UAE choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Paper Trading App in the UAE 2026.
| eToro | Easy Equities | Charles Schwab | Daniels Trading | Zacks Trade | |
|---|---|---|---|---|---|
|
Overall score |
8.4 |
5.65 |
8.6 |
6.65 |
6.45 |
|
Execution of orders |
9.1 |
5.44 |
8.3 |
6.44 |
6.24 |
|
Investment instruments |
10 |
5.9 |
8.9 |
6.9 |
6.7 |
|
Withdrawal speed |
5 |
5.5 |
8.7 |
6.5 |
6.3 |
|
Customer Support work |
9.3 |
5.8 |
8.5 |
6.8 |
6.6 |
|
Variety of instruments |
7.2 |
5.28 |
8.2 |
6.28 |
6.08 |
|
Trading platform |
9.8 |
6 |
9 |
7 |
6.8 |
|
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FAQ
Do I need to pay for downloading the app?
Brokers do not charge a fee for downloading their mobile app. They are provided for free.
Are there updates for the apps of brokers?
Yes. Mobile apps of brokers are regularly updated and it is very important to update them in the view of proper operation of services.
Are there versions of the apps for tablets?
In some cases, Forex brokers develop separate versions of apps for smartphones, tablets and even for TV sets.
If I remove the app from my phone and then reinstall it, will I lose the information?
No. The information is stored in the user account on the server. You will need to enter your username and password, pass two-factor authentication (if applicable) and you will have full access to your information.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
