In this article, I will review some of the most notable forex brokers in Dubai and the UAE, paying particular attention to those with advanced platforms, great customer service, and good spreads.
As you may already know, choosing a broker, either as a novice or seasoned trader, plays a significant role towards achieving mastery in the forex market. So let’s check what the brokers in this part of the world have to offer.
key Points & Best Forex Brokers In The UAE & Dubai for 2025 List
| Broker | Key Points |
|---|---|
| Pepperstone | Low spreads, fast execution, multiple platforms, suitable for beginners & pros. |
| IG Group | Wide range of instruments, advanced trading tools, regulated globally. |
| eToro | Social trading, easy-to-use platform, copy trading, low minimum deposit. |
| AvaTrade | Competitive spreads, multiple platforms, educational resources, regulated. |
| XM | High leverage, multiple account types, low minimum deposit, global reach. |
| FXTM (ForexTime) | Wide range of account types, high leverage, educational resources, fast withdrawals. |
| Saxo Markets | Advanced platform, premium research tools, high fees, suitable for experienced traders. |
| Interactive Brokers | Extensive product offerings, low fees, ideal for professional traders. |
| FOREX.com | Strong customer support, educational tools, robust platform, low fees. |
| Plus500 | Simple platform, risk management tools, competitive spreads, low commissions. |
10 Best Forex Brokers In The UAE & Dubai for 2025
1.Pepperstone
Pepperstone is an online forex broker serving traders in the UAE and Dubai. Its broad array of trading instruments, including major and exotic currency pairs like EUR/USD, GBP/USD, and USD/JPY, allows for a diverse trading experience. It charges low spreads starting from 0.0 pips on major pairs.
It is also renowned for establishing both commission and spread based accounts that meet the diverse needs of its clients. Moreover, it guarantees prompt order execution, responsive customer service, and unmatched trading technology which further cements its premier status in the region.
| Feature | Details |
|---|---|
| Supported Currencies | Major pairs (EUR/USD, GBP/USD, USD/JPY) and exotic pairs (USD/TRY, USD/ZAR) |
| Trading Fees | Spreads from 0.0 pips on major pairs; commission-based and spread-only accounts |
| Leverage | Up to 1:500 (subject to regulatory restrictions) |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader |
| Regulation | Regulated by FCA, ASIC, and DFSA |
| Customer Support | 24/5 customer support via phone, email, and live chat |
| Minimum Deposit | $200 |
| Education | Comprehensive educational materials including webinars and guides |
2.IG Group
IG Group is among the best-known forex brokers in Dubai and the whole of UAE because of the variety of currencies they support it to trade, including exotic ones.
IG has trading costs that are quite generous as well, and the spreads on the major currency pairs start from 0.6 pips.
The broker is flexible with different trading options as it offers both spread betting and CFD trading. Moreover, IG Group provides aspiring traders in the UAE with advanced trading tools and educational resources as well as a simple to use platform.
It is also subejct to the oversight of premier financial bodies which gives peace of mind to traders that the trading environment is safe.
| Feature | Details |
|---|---|
| Supported Currencies | Major pairs (EUR/USD, GBP/USD, USD/JPY) and exotic pairs |
| Trading Fees | Spreads from 0.6 pips on major pairs; commission-free on most accounts |
| Leverage | Up to 1:30 (subject to regulatory restrictions) |
| Platforms | IG Trading Platform, MetaTrader 4 |
| Regulation | Regulated by FCA, ASIC, and DFSA |
| Customer Support | 24/5 customer support via phone, email, and live chat |
| Minimum Deposit | $250 |
| Education | Extensive educational resources, including webinars and trading guides |
3.eToro
eToro is one of the most popular platforms for forex trading in UAE and Dubai due to its intuitive platform and support for currencies such as EUR/USD, GBP/USD, USD/JPY, and exotic pairs.
eToro does not charge commission on forex trades, though spreads start from around 1 pip, depending on the pair.
The platform is famous for its social trading network which enables users to copy the trades of leading investors.
eToro is ideal for novice and intermediate traders who wish to explore the world of forex trading with ease, and take advantage of numerous educational materials and community forums.
| Feature | Details |
|---|---|
| Supported Currencies | Major pairs (EUR/USD, GBP/USD, USD/JPY), exotic pairs, and crypto pairs |
| Trading Fees | No commission on forex trades; spreads from 1 pip on major pairs |
| Leverage | Up to 1:30 (subject to regulatory restrictions) |
| Platforms | eToro Platform (web and mobile) |
| Regulation | Regulated by FCA, CySEC, ASIC, and DFSA |
| Customer Support | 24/5 support via email, live chat, and phone |
| Minimum Deposit | $200 |
| Education | Social trading, copy trading, educational materials, and webinars |
4.AvaTrade
AvaTrade follows a reliable multi-licencing scheme while being one of the best Forex trading platforms in Dubai and the entire UAE due to the rich offering of currencies it supports, for instance the most popular pairs – EUR/USD, GBP/USD, USD/JPY and the more exotic ones too.
Their trading fees are quite competitive with the major currency pairs starting at 0.9 pips, plus commission free trading is also available.
Traders of all skill levels have access to extensive educational resources, and advanced features such as automated trading which is supported by the platform, making it ideal for every trader.
With the global regulations that AvaTrade subjects itself to, traders both new and experienced are guaranteed a safe trading environment in the UAE.
| Feature | Details |
|---|---|
| Supported Currencies | Over 50 forex pairs, including major pairs (EUR/USD, GBP/USD, USD/JPY) |
| Trading Fees | Fixed spreads from 0.9 pips on EUR/USD; no separate commissions |
| Leverage | Up to 1:30 for retail clients in the UAE |
| Platforms | MetaTrader 4, MetaTrader 5, AvaTradeGO mobile app, and WebTrader |
| Regulation | Regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) |
| Customer Support | Multilingual support in Arabic and English |
| Minimum Deposit | $500 via wire transfer |
| Islamic Accounts | Available, offering swap-free trading compliant with Sharia principles |
5.XM
XM is a UAE and Dubai forex broker that is popular among traders. Customers trading with XM can find a wide range of currencies, including some of the most popular pairs like EUR/USD, GBP/USD, USD/JPY, and many other exotic pairs.
XM remains a top choice for traders due to its cost-effective trading services with spreads starting from 1 pip on major currencies, commission-free accounts, and low-cost accounts XM offers.
XM also provides huge trading leverage which can get as high as 1:888 on some accounts, making it suitable for traders with differing strategies and approaches. XM offers a reliable trading platform alongside valuable trading materials making it good for new and seasoned traders in the UAE.
| Feature | Details |
|---|---|
| Supported Currencies | Major pairs (EUR/USD, GBP/USD, USD/JPY) and exotic pairs |
| Trading Fees | Spreads from 0.6 pips on major pairs; commission-free on most accounts |
| Leverage | Up to 1:1000 for clients under FSC jurisdiction; up to 1:30 under CySEC/ASIC |
| Platforms | MetaTrader 4, MetaTrader 5, XM WebTrader, XM mobile app |
| Regulation | Dubai Financial Services Authority (DFSA) |
| Customer Support | 24/5 multilingual support via live chat, email, and phone |
| Minimum Deposit | $5 for Micro, Standard, and Ultra Low accounts; $10,000 for Shares accounts |
| Islamic Accounts | Available upon request, offering swap-free trading compliant with Sharia principles |
6.FXTM (ForexTime)
As a well-established trader in the Dubai region, FXTM (ForexTime) provides seamless functionality on its platforms for both novice and seasoned traders alike due to its global coverage of currencies which includes popular ones such as EUR/USD, GBP/USD, USD/JPY as well as some less commonly used ones.
Moreover, FXTM has attractive trading conditions as they claim that spreads start from as low as 0,1 pips for thier major pairs and commission free trading on most accounts.
This broker also allows traders to use high leverage of up to over 1000:1 which makes it attractive to starters and even seasoned advanced traders.
Besides that, FXTM has multiple accounts, sophisticated trading tools, and a plethora of other services supporting traders which among many make them one of the best in this region.
| Feature | Details |
|---|---|
| Supported Currencies | Major pairs (EUR/USD, GBP/USD, USD/JPY) and exotic pairs |
| Trading Fees | Spreads from 0.0 pips on ECN accounts; 1.5 pips on Standard accounts; commissions from $0.80 to $4.00 per round lot |
| Leverage | Up to 1:3000 (floating) |
| Regulation | Licensed by FCA (UK), CySEC (Cyprus), FSCA (South Africa), and FSC (Mauritius) |
| Minimum Deposit | $200 for Advantage and Advantage Plus accounts |
| Islamic Accounts | Available upon request |
7.Saxo Markets
Saxo Markets is one of the leading forex brokers in Dubai, UAE, with access to a long list of currencies that includes the major pairs EUR/USD, GBP/USD, USD/JPY, and various exotic pairs. Saxo Markets has competitive trading fees as well, with spreads from 0.4 pips on major currency pairs.
The broker also has commission-based accounts with clear pricing which is perfect for active traders. Saxo Markets is famous for its trading platform, research tools, and other customer support services, advertising Dubai as a perfect place for sophisticated traders.
| Feature | Details |
|---|---|
| Supported Currencies | Over 80 currency pairs, including major, minor, and exotic pairs. |
| Trading Fees | Spreads from 0.4 pips for VIP clients; commissions apply for certain instruments. |
| Leverage | Varies by account tier; minimum leverage of 0.005% for the first $50 million traded monthly. |
| Platforms | SaxoTraderGO, SaxoTraderPRO; no MetaTrader support in the UAE. |
| Regulation | Regulated by the Dubai Financial Services Authority (DFSA); licensed by the UAE Central Bank. |
| Minimum Deposit | $5,000. |
| Islamic Accounts | Not available. |
8.Interactive Brokers
In UAE and Dubai, Interactive Brokers is considered one of the best options for forex trading due to its availability of major currencies such as EUR/USD, GBP/USD, USD/JPY, and several exotic pairs. The broker is also known for its low trading fees and commission-based pricing which is best suited for transparency.
Interactive Brokers charges low competitive spreads starting from 0.1 pips on major pairs. These brokers have advanced trading platforms, powerful trading tools, extensive market research, and offer high leverage options.
This makes Interactive Brokers perfect for professionals and experienced traders looking for a robust and cost efficient trading environment in the UAE.
| Feature | Details |
|---|---|
| Supported Currencies | Over 80 currency pairs, including major, minor, and exotic pairs. |
| Trading Fees | Spreads from 0.1 pips; commission of $2 per 100,000 traded. |
| Leverage | Up to 1:50 for retail clients in the UAE. |
| Platforms | Trader Workstation (TWS), IBKR Mobile, WebTrader. |
| Regulation | Regulated by the Dubai Financial Services Authority (DFSA) under license F008423. |
| Minimum Deposit | $10,000 (applied against commissions during the first 8 months). |
| Islamic Accounts | Not available. |
9.FOREX.com
In the UAE and Dubai, FOREX.com is a top-rated forex broker. It has a wide selection of both major pairs: (EUR/USD, GBP/USD, USD/JPY) as well as exotic pairs.
The broker’s trading costs are also attractive, with spreads being 1.0 pip for major currency pairs and most accounts having no commission.
FOREX.com has advanced trading platforms, educational material, and dependable customer support.
Due to its comprehensive risk management tools and compliance with regulations, Forex Brokers Dubai traders looking for a safe and efficient trading platform will find Budy Brokers Dubai to be an ideal broker.
| Feature | Details |
|---|---|
| Supported Currencies | Over 80 currency pairs, including major, minor, and exotic pairs. |
| Trading Fees | Spreads from 0.0 pips; commission applies on RAW Spread accounts. |
| Leverage | Up to 1:500. |
| Platforms | Proprietary platform, MetaTrader 4, MetaTrader 5. |
| Regulation | Regulated by the Dubai Financial Services Authority (DFSA), Reference Number: F000542. |
| Minimum Deposit | $100. |
| Islamic Accounts | Available upon request. |
10.Plus500
Plus500 features a no-commission policy on forex trading and offers over 70 forex pairs, which include the EUR/USD, GBP/USD and USD/JPY. Trading fees are incorporated into the bid/ask spread which begins at around 0.6 pips for major pairs.
A fee of up to 0.7% is charged by Plus500 for currency conversion when the account’s base currency is different from the currency of the traded instrument. An inactivity fee of up to $10 per month is also levied by Plus500 after three months of account inactivity.
| Feature | Details |
|---|---|
| Supported Currencies | EUR, USD, GBP, JPY, AUD, CAD |
| Trading Fees | No commissions; compensated via market spreads |
| Leverage | Up to 1:30 for retail clients in the UAE |
| Platforms | Plus500 WebTrader, mobile apps |
| Regulation | Dubai Financial Services Authority (DFSA), License No. 20200000232 |
| Minimum Deposit | $100 or equivalent |
| Islamic Accounts | Available upon request; swap-free trading |
Conclusion
In summary, Desert Financial Dubai and UAE forex brokers forh traders to customize their requirements individually.
Some brokers like paxful and interac rubrics create optional trading conditions for users with less experience, whereas pepperstone and ig group offer more complex systems for seasoned customers.
