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Best stock brokers & investing apps in the United Arab Emirates

6 licensed stock brokers & investing apps, ranked on the company that would actually open your account. How we rate

بالعربية: منصات تداول الأسهم في الإمارات

Saxo logo

Top pick

Saxo

Score 75/100, licensed in the United Arab Emirates

XTB logo

$0 commission on US stocks

XTB

the only one, of 4 with a verified figure

Is it legal?Yes, with a licensed stock broker.
Where they're licensedAll 6 in the United Arab Emirates: 3 licensed by DFSA, 2 licensed by CMA (UAE) and 1 licensed by FSRA (ADGM).

The value of investments can go down as well as up, and you may get back less than you invest. Past performance is not a reliable indicator of future results.

All 6 stock brokers & investing apps

#BrokerStock feeInstrumentsMin. depositCoinish ScoreActions
1
Saxo logo
Top pick

Saxo

Licensed in the United Arab Emirates · DFSA

Not verified71,000+Not verified75rated 4.1/5
2
eToro logo

eToro

Licensed in the United Arab Emirates · FSRA (ADGM)

$2US stock fee10,000+Not verified71rated 3.6/5
3
XTB logo

XTB

Licensed in the United Arab Emirates · DFSA

$0US stock fee11,900+Not verified69rated 3.7/5
4
ADSS logo

ADSS

Licensed in the United Arab Emirates · CMA (UAE)

AED 0UAE shares (ADX, DFM) fee3,000+$1,00058rated 3.5/5
5
Baraka logo

Baraka

Licensed in the United Arab Emirates · DFSA

$1US stock fee10,000+Not verified49rated 3.0/5
6
Wio Invest logo

Wio Invest

Licensed in the United Arab Emirates · CMA (UAE)

$0.5US stock feeNot verifiedNot verified42rated 2.7/5

Good to know

Stocks rules in the United Arab Emirates

Local licence required

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

Stocks in the United Arab Emirates at a glance

  • 6 stock brokers & investing apps with a verified licence serve residents of the United Arab Emirates: 6 hold a local licence (DFSA, FSRA (ADGM) and CMA (UAE)).
  • Top pick by Coinish Score: Saxo (75/100, Editor Rating 4.1/5).
  • $0 commission on US stocks: XTB.
  • 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

Stocks in the United Arab Emirates: what to know

Of the 6 stock brokers & investing apps on this list, 3 hold a licence from the Dubai Financial Services Authority (DFSA) (Saxo, XTB and Baraka), 2 hold a licence from the CMA (UAE) (ADSS and Wio Invest) and 1 holds a licence from the FSRA (ADGM) (eToro).

Currency conversion, which you pay on every US share bought from a non-dollar account, costs from 0.25% (Saxo) to 0.5% (XTB). ADSS charges AED 0 per order for UAE shares (ADX, DFM).

What to check before you open an account in United Arab Emirates

  • Search the company name on the DFSA, FSRA (ADGM) and CMA (UAE) registers (dfsa.ae, adgm.com and uaecma.gov.ae).
  • Check which company your contract is with. Saxo, for example, onboards residents of the United Arab Emirates through Saxo Bank (Dubai) Limited (DFSA licence F001014), and the name on the account-opening documents should match the list.

Is share 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 stock broker in the United Arab Emirates?

By Coinish Score, Saxo (75/100, Editor Rating 4.1/5), through Saxo Bank (Dubai) Limited (DFSA licence F001014). eToro (71) and XTB (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 are your shares held at a DFSA-licensed broker?

3 of the 6 brokers here are DFSA firms (Saxo, XTB and Baraka). The DFSA's client-asset rules set out how these firms hold client money, client investments and client crypto tokens, through the client money and safe custody provisions in its Conduct of Business rules. A revised version took effect on 1 January 2026, and the DFSA reviews the auditors' reports on client money and safe custody every year.

Source: dfsa.ae

Do you pay tax on share 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.