Dubai has become a major hub for forex trading in the Middle East, offering a highly regulated financial environment through the Dubai Financial Services Authority (DFSA) and the Securities and Commodities Authority (SCA). Whether you’re a retail trader or institutional investor, choosing a licensed forex broker in Dubai ensures compliance with UAE law, transparent trading conditions, and access to local support. Below is the updated list of top forex brokers in Dubai for 2026.
Regulated Forex Brokers in Dubai (2026)
1. Exness UAE
- Local Licence: SCA UAE
- Head Office: Business Bay, Dubai
- Platforms: MT4, MT5, Web Terminal
- Islamic Account: ✅
- Special Feature: AED deposits and crypto payment options
2. AvaTrade UAE
- Regulator: SCA (AVATRADE MIDDLE EAST LTD)
- Local Office: Downtown Dubai
- Platforms: AvaTradeGO, MT4, MT5
- Leverage: Up to 1:400
- Best For: Beginner-friendly experience with bilingual support
3. Pepperstone (DIFC Branch)
- Regulator: DFSA (Dubai International Financial Centre)
- Leverage: Up to 1:30 (retail)
- Platforms: MT4, MT5, cTrader, TradingView
- Client Focus: Professional and algo traders
4. ADSS (Abu Dhabi)
- Regulator: FSRA (Abu Dhabi Global Market)
- Location: Abu Dhabi with Dubai client support
- Account Currencies: AED, USD
- Platform: MT4, WebTrader
- Strength: Government-backed, institutional-grade liquidity
5. Swissquote MEA
- Regulator: SCA UAE
- Office: Dubai Media City
- Platform: Advanced Trader, MT5
- Target Client: High-net-worth individuals and wealth clients
6. Multibank Group
- Regulator: DFSA (Dubai), SCA (UAE)
- Platforms: MT4, MT5
- Special Features:
- Regional bonuses and trading contests
- Crypto accounts supported
7. Equiti Group MENA
- Regulator: DFSA (Equiti Capital DIFC), SCA
- Platform: MT4, MT5
- Leverage: Up to 1:500 (pro clients)
- Arabic Support: ✅ Yes, with regional webinars
8. ICM Capital UAE
- Regulator: SCA UAE
- Office: Sheikh Zayed Road, Dubai
- Platform: MT4
- Best For: Local traders seeking fast withdrawals in AED
9. ACY Securities MENA
- Regulator: Applying for SCA licence
- Service: CFD and forex broker expanding presence
- Platform: MT4, MT5
- Note: Verify licence status before trading
10. Axi (formerly AxiTrader) MENA
- Regulator: DFSA (DIFC)
- Strengths: Professional accounts, VPS hosting
- Platform: MT4 + Trading Central integration
Comparison Table: Forex Brokers in Dubai
| Broker | Regulator | Local Office | AED Deposit | Islamic Account | Platforms |
|---|---|---|---|---|---|
| Exness | SCA | ✅ Yes | ✅ | ✅ | MT4, MT5 |
| AvaTrade | SCA | ✅ Yes | ✅ | ✅ | MT4, MT5, AvaGO |
| Pepperstone | DFSA | ✅ Yes | ✅ | ✅ | MT4, MT5, cTrader |
| ADSS | FSRA (ADGM) | ✅ Yes | ✅ | ✅ | MT4, WebTrader |
| Swissquote MEA | SCA | ✅ Yes | ✅ | ✅ | MT5, AdvancedTrader |
| Multibank | DFSA / SCA | ✅ Yes | ✅ | ✅ | MT4, MT5 |
| Equiti MENA | DFSA / SCA | ✅ Yes | ✅ | ✅ | MT4, MT5 |
| ICM Capital | SCA | ✅ Yes | ✅ | ✅ | MT4 |
| ACY MENA | Applying | ❌ | ❌ | ✅ | MT4, MT5 |
| Axi | DFSA | ✅ Yes | ✅ | ✅ | MT4 |
How to Verify a Forex Broker’s Licence in Dubai
You can verify any forex broker’s status through the following official channels:
- SCA UAE Website: www.sca.gov.ae
- DFSA Public Register: www.dfsa.ae
- ADGM FSRA Register: www.adgm.com
Search by broker name, company number, or licence type (Category 3A, 4, etc.).
What to Look for in a Dubai Forex Broker
- SCA or DFSA regulation
- AED base currency accounts and local deposit methods
- Islamic (swap-free) account availability
- Platforms with Arabic and English interface
- Strong regional support and GCC-specific services
Key Takeaways
- Dubai offers a highly regulated environment for forex trading through SCA, DFSA, and ADGM
- Exness, AvaTrade, and Pepperstone are among the most trusted forex brokers in the UAE
- Always trade with locally regulated brokers to ensure legal compliance and fund protection
- Use official regulator websites to verify broker legitimacy before depositing funds
- Choose brokers with AED support, Islamic accounts, and platform localisation
Frequently Asked Questions
Is forex trading legal in Dubai?
Yes, forex trading is legal when conducted through SCA or DFSA-regulated brokers in the UAE.
Which forex broker is best in Dubai?
Exness, AvaTrade, and ADSS are top-rated for local service, AED deposits, and Islamic accounts.
Can I open an Islamic forex account in Dubai?
Yes, most regulated brokers in Dubai offer swap-free Islamic accounts upon request.
Are offshore forex brokers allowed in Dubai?
Using unregulated offshore brokers is risky and may violate UAE capital control regulations.
How do I verify a forex broker’s licence in Dubai?
Check the broker’s licence on the official SCA (www.sca.gov.ae) or DFSA (www.dfsa.ae) register.
Leave a Reply
Please log in or register to share your thoughts.