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Best forex brokers in the United Arab Emirates
11 licensed forex brokers, ranked on the company that would actually open your account. How we rate
بالعربية: تداول الفوركس في الإمارات
All 11 forex brokers
| # | Broker | EUR/USD cost | Instruments | Min. deposit | Coinish Score | Actions |
|---|---|---|---|---|---|---|
| 1 | | 0.6 pips | 17,000+ | Not verified | 76rated 4.0/5 | |
| 2 |  Licensed in the United Arab Emirates · DFSA | Not verified | 71,000+ | Not verified | 76rated 4.2/5 | |
| 3 |  Licensed in the United Arab Emirates · CMA (UAE) | Not verified | 5,500+ | Not verified | 69rated 4.2/5 | |
| 4 |  Licensed in the United Arab Emirates · DFSA | Not verified | 11,900+ | Not verified | 68rated 3.7/5 | |
| 5 | Licensed in the United Arab Emirates · DFSA | 0.5 pips | 12,000+ | Not verified | 68rated 3.9/5 | |
| 6 |  Licensed in the United Arab Emirates · FSRA (ADGM) | Not verified | 1,250+ | Not verified | 60rated 3.2/5 | |
| 7 |  Licensed in the United Arab Emirates · DFSA | Not verified | 2,800+ | Not verified | 59rated 3.4/5 | |
| 8 |  Licensed in the United Arab Emirates · DFSA | 0.7 pips | 1,350+ | Not verified | 58rated 3.6/5 | |
| 9 |  Licensed in the United Arab Emirates · CMA (UAE) | Not verified | 3,000+ | $1,000 | 58rated 3.5/5 | |
| 10 |  | Not verified | 500+ | Not verified | 54rated 2.9/5 | |
| 11 |  Licensed in the United Arab Emirates · DFSA | Not verified | 350+ | Not verified | 40rated 2.8/5 |
Good to know
Forex rules in the United Arab Emirates
Providers need a UAE licence: the Capital Market Authority (formerly SCA) onshore, or the DFSA (Dubai's DIFC) / FSRA (Abu Dhabi's ADGM) in the financial free zones. An offshore entity introduced by a UAE-licensed firm is not itself UAE-licensed.
Regulator sources (2)
“No individual may engage in any financial activity specified under Clause (1) of this Article within the State unless they obtain a license or approval from the authority”
uaecma.gov.ae · Oct 6, 2026
“Renaming the Securities and Commodities Authority as the Capital Market Authority”
uaecma.gov.ae · Oct 5, 2026
Forex in the United Arab Emirates at a glance
- 11 forex brokers with a verified licence serve residents of the United Arab Emirates: 11 hold a local licence (DFSA, CMA (UAE) and FSRA (ADGM)).
- Top pick by Coinish Score: IG (76/100, Editor Rating 4.0/5).
- Lowest advertised EUR/USD all-in cost: 0.5 pips (CMC Markets), across 3 brokers that publish one.
- Lowest minimum deposit: $1000 (ADSS).
How this ranking works
Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of the United Arab Emirates, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate
Forex in the United Arab Emirates: what to know
Of the 11 forex brokers on this list, 8 hold a licence from the Dubai Financial Services Authority (DFSA) (IG, Saxo, XTB and 5 more), 2 hold a licence from the CMA (UAE) (Capital.com and ADSS) and 1 holds a licence from the FSRA (ADGM) (AvaTrade).
Advertised all-in EUR/USD costs on this list run from 0.5 pips (CMC Markets) to 0.7 pips (Pepperstone) across the 3 that publish one.
What to check before you open an account in United Arab Emirates
- Search the company name on the DFSA, CMA (UAE) and FSRA (ADGM) registers (dfsa.ae, uaecma.gov.ae and adgm.com).
- Check which company your contract is with. IG, for example, onboards residents of the United Arab Emirates through IG (DIFC branch) (DFSA licence F001780), and the name on the account-opening documents should match the list.
Is forex trading legal in the United Arab Emirates?
Yes, with a licensed provider. Providers need a UAE licence: the Capital Market Authority (formerly SCA) onshore, or the DFSA (Dubai's DIFC) / FSRA (Abu Dhabi's ADGM) in the financial free zones. An offshore entity introduced by a UAE-licensed firm is not itself UAE-licensed.
Sources: uaecma.gov.ae, uaecma.gov.ae
What is the best forex broker in the United Arab Emirates?
By Coinish Score, IG (76/100, Editor Rating 4.0/5), through IG (DIFC branch) (DFSA licence F001780). Saxo (76) and Capital.com (69) follow. The score rates the company that would serve you in the United Arab Emirates, so the same brand can rank differently in another country.
How much forex leverage can a UAE retail client get?
That depends on who licenses the broker. In the Dubai International Financial Centre, the DFSA's retail CFD rules have applied since December 2021. Their minimum margins cap leverage at 30:1 on major currency pairs, down from 50:1, and at 20:1 on minor pairs. Negative balance protection means you can't lose more on CFD positions than the money in your trading account. Clients who qualify and choose to be treated as Professional aren't covered by these limits.
8 of the 11 brokers here are DFSA-licensed (IG, Saxo, XTB and 5 more), so these limits apply to them. The others are licensed by CMA (UAE) and FSRA (ADGM).
Source: ig.com
Do you pay tax on forex profits in the United Arab Emirates?
The UAE does not levy income tax on individuals.
Coinish isn't a tax adviser: check your own situation with the tax authority or an accountant.
Source: u.ae
Coinish provides general information only. Nothing on this site is investment, tax or legal advice.