Dubai, as a leading financial hub in the Middle East, hosts a number of forex brokers regulated either by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC) or the Securities and Commodities Authority (SCA) for mainland UAE operations. These regulators ensure brokers adhere to strict standards, including client fund segregation, capital adequacy, and fair trading practices.
This article lists the top registered forex brokers in Dubai, outlining their regulation status, platforms, and key features for traders based in the UAE.
Regulatory Bodies for Forex Brokers in Dubai
- Dubai Financial Services Authority (DFSA): Regulates brokers operating within the DIFC free zone
- Securities and Commodities Authority (SCA): Oversees brokers licensed in mainland UAE
- Brokers regulated by these authorities provide enhanced client protection and compliance with local laws
Registered Forex Brokers in Dubai
1. IG Group (Dubai)
- Regulation: DFSA (F000692)
- Platforms: IG proprietary platform, MT4, L2 Dealer
- Features: Global forex and CFDs, spread betting, Arabic support
- Why Registered: One of the first global brokers licensed in DIFC
2. Saxo Bank Middle East
- Regulation: DFSA (F003401)
- Platforms: SaxoTraderGO, SaxoTraderPRO
- Features: Institutional-grade pricing, multi-asset access
- Why Registered: Strong presence in DIFC, professional client services
3. FXTM MENA
- Regulation: DFSA (F004425)
- Platforms: MT4, MT5
- Features: Regional promotions, local customer support
- Why Registered: Tailored services for Middle East and North Africa (MENA) region
4. Equiti Group (Equiti MENA)
- Regulation: DFSA (F003486)
- Platforms: MT4, MT5
- Features: Competitive spreads, GCC-focused trading accounts
- Why Registered: Licensed in DIFC with regional client focus
5. ADSS (Abu Dhabi, with Dubai presence)
- Regulation: SCA UAE mainland
- Platforms: OREX, MT4
- Features: Islamic accounts, local currency pairs, robust risk management
- Why Registered: One of the leading UAE-owned brokers with mainland license
Key Takeaways
- Brokers regulated by DFSA and SCA are legally authorised to offer forex trading in Dubai and the UAE
- Registered brokers provide client fund segregation, risk controls, and regulatory oversight
- Most offer MT4, MT5, and proprietary platforms with multi-asset trading
- Islamic (swap-free) accounts are widely available for UAE clients
- Traders should verify broker licenses on DFSA or SCA official websites before opening accounts
Frequently Asked Questions
Which forex brokers are regulated in Dubai?
IG, Saxo Bank, FXTM MENA, Equiti Group, and ADSS are all regulated by DFSA or SCA in Dubai/UAE.
Is forex trading legal in Dubai?
Yes, provided you trade through brokers licensed by DFSA or SCA.
Can I open an Islamic forex account in Dubai?
Yes, most registered brokers offer swap-free Islamic accounts.
Where can I verify a broker’s Dubai license?
Check the official DFSA and SCA websites for authorised broker lists.
Do Dubai brokers support MT4 and MT5?
Yes, most offer popular platforms like MT4, MT5, and proprietary solutions.
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