The UAE, especially Dubai, is a thriving financial hub with a growing forex trading community. Brokers operating in the UAE must comply with local regulations issued by the Dubai Financial Services Authority (DFSA) for Dubai International Financial Centre (DIFC) or the Securities and Commodities Authority (SCA) for mainland operations. Traders benefit from access to global markets, multi-asset platforms, and Arabic-language support.
This article highlights the top 5 forex brokers in the UAE, focusing on their regulation, platforms, account types, and regional services.
Why Choose a Broker Regulated in UAE?
- Protection under DFSA or SCA regulatory frameworks
- Segregated client accounts and capital adequacy
- Compliance with anti-money laundering (AML) and KYC laws
- Availability of Islamic (swap-free) accounts
- Localised customer support and Arabic language service
Top 5 Forex Brokers in UAE (2025)
1. IG Dubai
- Regulation: DFSA (F000692)
- Minimum Deposit: $250
- Platform: MT4, IG proprietary, L2 Dealer
- Why Top: LSE-listed global broker with strong DIFC presence and Arabic support
2. Saxo Bank Middle East
- Regulation: DFSA (F003401)
- Minimum Deposit: $500
- Platform: SaxoTraderGO, SaxoTraderPRO
- Why Top: Institutional-grade tools and extensive multi-asset offerings
3. FXTM MENA
- Regulation: DFSA (F004425)
- Minimum Deposit: $100
- Platform: MT4, MT5
- Why Top: Localised offers, strong regional education and Arabic customer service
4. Equiti Group (Equiti MENA)
- Regulation: DFSA (F003486)
- Minimum Deposit: $500
- Platform: MT4, MT5
- Why Top: GCC-focused broker with bilingual support and competitive pricing
5. ADSS (Abu Dhabi)
- Regulation: SCA (UAE mainland)
- Minimum Deposit: $100
- Platform: OREX, MT4
- Why Top: UAE-owned with tailored Islamic accounts and robust regional reputation
Key Takeaways
- DFSA-regulated brokers like IG, Saxo Bank, FXTM, and Equiti offer full compliance and client fund protection
- SCA-regulated brokers such as ADSS provide mainland UAE coverage with strong local service
- Islamic accounts are widely available across top UAE brokers
- Platforms include MT4, MT5, proprietary solutions, and institutional tools
- Local Arabic support and regional promotions make these brokers suitable for GCC traders
Frequently Asked Questions
Are forex brokers regulated in UAE?
Yes, brokers are regulated by the DFSA in Dubai’s DIFC and the SCA on the mainland.
Which forex broker is best for UAE traders?
IG Dubai and Saxo Bank are top choices for professional traders due to regulation and platform depth.
Do UAE forex brokers offer Islamic accounts?
Yes, most brokers in the UAE provide swap-free Islamic accounts complying with Shariah law.
Can I open an account with a local office broker?
Yes, brokers like FXTM MENA and Equiti have regional offices offering full client support.
Is forex trading legal in the UAE?
Yes, forex trading is legal when conducted through regulated brokers under DFSA or SCA licenses.
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