Dubai and the UAE are at the centre of many forex traders, brokers and other online trading activities in the Middle East。Below are the top Forex brokers in the region。

United Arab Emirates (UAE) is one of the fastest growing online trading centers in the world。Although not as important as the four major financial centres of London, New York, Tokyo and Sydney, overall, the UAE's advanced development and high-income population create a huge potential for trade and investment growth.。

A large proportion have diversified their investments into financial markets, including foreign exchange。As a result, these countries are served by a variety of local and offshore brokers。

There are many Forex brokers in the UAE, especially in Dubai。Most of them are not regulated by regulators but manage millions of dollars of transactions every day.。Therefore, traders are advised to study carefully when choosing a forex broker in the region。

General provisions

Forex trading is legal in Dubai。Local brokers are regulated and licensed by the Dubai Financial Services Authority (DFSA), the financial regulator of the Dubai International Financial Centre (DIFC), a special economic zone.。

Please note that it differs from the UAE Federal Securities and Commodities Authority, whose jurisdiction covers the entire region of the UAE outside the jurisdiction of the DIFC。Although not all Forex brokers in Dubai are regulated by the DFSA, some of them are registered with the agency。

Dubai has a number of local and offshore foreign exchange brokerage firms that provide foreign exchange to Dubai citizens or residents.。More importantly, offshore brokers operate their operations in Dubai by partnering with local partner brokers or operating established regional offices.。

Trading platform

Dubai's forex brokers offer clients a range of proprietary turnkey trading software。In addition to MetaTrader 4, they also offer other software, such as JAVA-based trading software and NinjaTrader, which offer both mobile and web-based versions.。

Commissions and spreads

Dubai's market makers don't charge forex trading commissions。However, their ECN model charges commissions for Forex and CFD transactions.。They offer at least 50 forex pairs to trade with many major brokerage platforms with a minimum spread of 1.5 points。

FP Markets

Founded in 2005 and based in Sydney, Australia, FP Markets is regulated by the top Australian Securities and Investments Commission (ASIC) and has a long track record.。

The company offers transparent trading for more than 10,000 assets and a wide range of forex and CFD account types, and customers can also enjoy 0 pips in ECN trading.。It has a MetaTrader 4 platform with leverage up to 1: 500。Bitcoin is also listed as one of the optional tools。

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Maintaining an overnight position will not result in overnight / rollover fees reducing your income, so you don't have to worry about。FP Markets offers the most competitive swap rates in the industry by introducing swap credits in the form of real-time swap rate listings on the MT4 and MT5 platforms, as exemplified below.

• ACWI: long position is -5.00, the short position is -2.50。
  ADAUSD: long position at -20.00, with a short position of -20.00。
  AGG: long position is -5.00, the short position is -2.50。

Plus500

Founded in 2008 and headquartered in Israel, Plus500 has a platform that supports real-time analysis of multiple markets such as forex, stocks, indices and cryptocurrencies, providing fast, commission-free trading with extremely low spreads.。Not only that, the company offers traders negative balance protection。

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Plus500 is a UK-based company with its main offices in the City of London, which is authorised and regulated by the FCA.。For traders who are looking for a broker with a top regulator, Plus500 is the right choice。

Plus500 offers 2,000 instruments to more than 1 million customers。The list of instruments that can be traded through its CFD service includes forex currency pairs, indices, cryptocurrencies, commodities, stocks and ETFs。Traders can choose the right tool for their needs。

In any case, beginners should be extremely cautious when choosing an asset, as it can be confusing and inherently risky。

When a trader opens an account, Plus500 will hold the trader's funds in isolation in accordance with the FCA's client funds rules。Traders need not worry about Plus500 using their funds for hedging, as the broker strictly prohibits the use of client funds for this purpose。

Other advantages of trading at Plus500 are small spreads and no commissions. The company only offers a single type of account, but traders can update their accounts from retail to professional according to some criteria。

To apply for a professional account, traders must meet at least 2 of the following 3 criteria, such as sufficient trading activity in the past 12 months, a portfolio of financial instruments of more than 500,000 euros, and relevant experience in the financial services field。

Plus500 is widely acclaimed for its services with market spreads, retail account leverage of up to 1: 30, and professional account leverage of up to 1: 300。Plus500 tries to give reasonable leverage options, not only to control risk, but also to help novice traders better control their trading emotions。

Founded in 2008, Plus500 provides almost the same features for retail and professional accounts, including customer fund protection, negative balance protection, best order execution, clear and transparent information, and financial services compensation plans。A professional account is more advanced, though, because FOS can be accessed。

According to statistics, 76 of Plus500's retail account owners.4% Losses on CFDs。Therefore, Plus500 always warns traders to consider their understanding of how CFDs work and their tolerance for taking on high loss risks before starting live account trading.。

Even so, Plus500 has earned the trust of traders around the world, opening some 39 million positions, having 304,000 active clients and processing billions of dollars in trading volume through its system.。

Plus500 always strives to provide the best service to its customers. One of the ways to achieve its goals is to give customers confidence in their trading activities。They have an easy-to-use trading platform and a specially designed mobile platform。Traders can access the Plus500 platform through web traders, iPhone / iPad and mobile apps。

On their platform, traders will have access to advanced tools such as stop loss limit, guaranteed stop loss, free email and market event push notifications, and price movement alerts, all of which can help traders better understand the market。

As for payment methods, Plus500 offers a variety of options such as Visa or MasterCard, e-wallets (PayPal and Skrill) and bank transfers (direct transfers between banks).。

If there are any concerns, hassles or trading issues, traders can contact Plus500's customer service, which is available 24 hours a day, 7 days a week。Plus500's official website can be accessed in 24 languages。

Overall, Plus500 has some advantages and disadvantages。Because it has a license from an elite regulator, traders can feel safe when trading at Plus500; it also provides a 24 / 7 support team to help traders。However, providing leverage up to 1: 300 is not suitable for high-risk traders, such as scalpers, who trade very frequently and hold short-term positions in the market, usually using high leverage。

FBS

Founded in 2009 and headquartered in Belize, FBS is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Belize International Financial Services Commission (IFSC).。As a retail forex and CFD broker, FBS is popular for its 1: 3000 maximum leverage and platform, including MetaTrader 4, MetaTrader 5 and FBS documentary trading platforms。With a large customer base of 12 million traders from more than 190 countries (and still growing), the brand has grown significantly.。

FBS adopts a hybrid broker model of electronic communication network (ECN) and through processing (STP), with comprehensive trading education and multiple research tools。However, FBS's regulatory brand is not as strong as the EU brand。In addition, the leverage provided by global brands is extremely high, creating an unnecessarily high-risk trading environment for those who cannot carefully manage risk。

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Since 2009, FBS Holding Inc.(FBS) achievements in the field of foreign exchange transactions have been recognized by various international institutions.。As of 2019, the number of FBS clients reached 14 million, winning the most transparent Forex broker in 2018, the best investor education in 2017, the best customer service broker in Asia in 2016, the IB Forex program and many other titles.。

FBS is regulated by Belize IFSC and Cyprus CySEC。The broker is trusted by millions of traders and 370,000 partners from all countries.。According to the data, FBS has about 7,000 new trader and partner accounts every day.。And, 80% of customers will stay in FBS for a long time。

Trading products offered by FBS include Forex, CFD, Precious Metals and Equities。For Forex trading, CySEC-regulated FBS provides leverage of up to 1: 30 for cent accounts and standard accounts。Customers who want to try higher leverage can also register an account with FBS Belize。

In all types of accounts, the spread is from 1 point。Volume orders in standard accounts can be 0.01 to 500 lots, it is recommended that experienced traders use the account。

And on the cent account, bulk orders can be executed up to $500 breakups or the equivalent of 5 standard lots.。Cent accounts involve varying degrees of risk。FBS recommends cent accounts to beginners。All account types support the following trading instruments: 28 currency pairs and 2 metals。

Before entering the real Forex market, traders can practice using the FBS demo account, which is divided into two types, namely standard account and cent account。

Using the MetaTrader 4 and MetaTrader 5 platforms, FBS provides services on Windows and Mac, as well as Android and iOS mobile devices, providing traders with a trading experience at their fingertips, allowing traders to trade anytime, anywhere。

The MetaTrader platform also has a variety of key features, including the creation, purchase and use of Expert Advisors (EA) and scripts, one-click trading and embedded news, technical analysis tools, documentary other traders, hedging positions and VPS service support。

Another advantage of FBS is that customers who meet specific requirements receive a 100% deposit bonus and the deposit and withdrawal process is fast and convenient.。According to the customer, in addition to holidays, usually no more than 3-4 hours。

In order to increase the security of client funds, FBS also offers segregated accounts where 70 per cent of funds can be deposited with the client's bank; in addition, the margin is between 10 and 100 per cent.。If the trader loses funds in the course of trading but is insured, FBS will refund the trader's funds。

Traders have the opportunity to develop a side business when trading with FBS, i.e. as an economically recommended (IB) or affiliate。The commission provided by the FBS partner system is already at level 3, and traders can only earn additional income if they introduce new customers to FBS according to certain procedures。

Traders will also gain trading education experience at FBS。They have prepared a comprehensive foreign exchange course divided into 4 levels: beginner, beginner, intermediate and advanced。Traders can take courses that transform them from novice to professional, all materials are well structured。In addition, FBS offers a variety of forex analysis, webinars, forex news and daily market analysis that can be easily accessed on its website。

Traders can visit the official FBS website, which is available in multiple languages, including English, Dutch, Italian, French, Portuguese, Indonesian, Spanish, etc., and also provides live chat support 24 hours a day, 7 days a week。

In summary, FBS is a well-known broker among global retail traders。Due to flexible trading conditions, customers are able to use a variety of instruments for trading, low deposits, etc.。

eToro

eToro, formerly known as RetailFX, pioneered online social trading, which has become a trend today。FBS's social trading platform changes the nature of the way beginners participate in financial markets。eToro is heavily regulated by the FCA (UK), CySEC and ASIC, and the broker also offers a wide range of assets to trade and enables investors to earn a 2% management fee.。Still, eToro has some drawbacks related to spreads and the lack of a MetaTrader platform。

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Founded in early 2007, eToro's mission is to make transactions available to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。

eToro (Europe) Limited is a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number # 109 / 10.。Meanwhile, eToro (UK) Limited is regulated and regulated by the Financial Conduct Authority (FCA) under license number FRN 583263.。

As foreToro AUS Capital Pty Ltd, whose legal status is recognised by the Australian Securities and Investments Commission (ASIC), provides financial services under Australian Financial Services Licence 491139。

As a belonging4-digit broker, eToro offers both short-term options for day traders and long-term options for investors, such as their innovative CopyPortfoliosTM, a fully managed thematic portfolio。

自Since 2007, eToro has been at the forefront of the fintech revolution.。The latest is CopyPortfolio, which was launched in 2017 and is powered by machine learning Al。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into Momentum DD.。

NewThe CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to earn double-digit returns and bundles traders into a fully managed portfolio.。eToro has hundreds of financial assets available for trading, including stocks, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using multiple investment strategies。

Certain positions on eToro involve ownership of underlying assets, such as non-leveraged positions in equities and crypto assets。Using contracts for difference (CFD) will make various options possible, such as leveraged trading, short (sell) positions, fractional ownership, etc.。For example, a trader can invest in gold at a minimum amount of $100, even if the price of a single unit of gold is $1,000.。eToro's most popular CFD commodities include gold, oil, gas, silver and platinum。

Currency can only be used asCFD Trading on eToro。In addition, CFD allows for short selling (short) positions and leveraged trading, even for assets that do not offer this option in traditional trading.。Some popular currency pairs include EUR / USD, GBP / USD, AUD / USD, USD / JPY, and USD / CAD。

In addition, exchange-traded funds (ETF) is a financial instrument consisting of several assets, used as a tradable fund。After opening an eToro account, traders can invest at least $250 in an ETF that sells for $500.。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。

However,eToro also provides additional functionality through the use of CFD trading。All leveraged ETF positions in the UK are regulated by the FCA。Meanwhile, all CFD positions executed by eToro Australia are regulated by ASIC.。

The company also has other advantages。of all tradable financial assets,eToro does not charge any deposit or transaction fees other than spreads。

eToro charges $25 for withdrawals, with a minimum withdrawal amount of $50。holdings of cryptocurrencies, stocks andETF non-leveraged long positions are not executed as CFD and no fees are charged。eToro charges overnight or weekend fees for CFD positions, such as leveraged positions and short (sell) orders。

Update of fees always applies to open positions。Fees are subject to change at any time and may change on a daily basis based on market conditions without prior notice。

As a beginner, traders can useeToro's Copy Trading Features。Unlike the features of other brokers, traders can copy the strategies of professional traders for free without splitting into profits。因此 ，100% of the profit goes entirely to the trader。For example, when Trader A, copied by Trader B, generates 10% profit this month, Trader B also earns 10% profit。

The company is the world's leading social trading network.。因为eToro operates in complete transparency, and each trader has valuable information in their eToro profile, so it is helpful for other traders who are interested in copying their trades when creating their best portfolio。

Another unique feature of eToro is personalized social news subscriptions。Just like on any social media, traders can post their own updates in a subscription, comment on other people's posts, and gradually create a subscription that suits a trader's trading and investing interests.。在在On the eToro social trading platform, traders will also be notified when there are new posts and other important updates from traders。