Best Forex Brokers - UAE 2025

Tuesday, 07/10/2025 | 12:01 GMT by Finance Magnates Staff
  • Best forex brokers in UAE for 2025: regulated platforms, competitive fees, diverse options
Best forex brokers in UAE

The United Arab Emirates (UAE) continues to attract traders looking to trade forex on regulated platforms that offer competitive fees and a strong range of forex pairs. In 2025, the best forex brokers in UAE provide a combination of low spreads, advanced trading tools, and trusted regulation, ensuring a reliable trading experience for both beginners and experienced traders. This guide highlights the top brokers in UAE, helping traders make informed decisions based on their individual needs.

Choosing the Right Forex Broker in UAE

Selecting the best forex broker UAE involves careful consideration of factors such as regulation, platform options, customer service quality, and account features. Whether you’re interested in trading accounts with high leverage or brokers offering a wide selection of forex pairs, the options in the UAE are diverse.

When comparing brokers, consider:

  • Regulatory status (SCA, DFSA, FCA, ASIC)

  • Trading accounts and account types

  • Competitive fees and tight spreads

  • Platform options like MetaTrader 4, MetaTrader 5, TradingView and cTrader

  • Quality of customer service and support channels

  • Minimum deposit requirements

  • Range of instruments, including forex pairs, indices, commodities, and crypto

The brokers listed in this guide represent the diversity of choices available to traders in the UAE.

Top Forex Brokers in UAE 2025

IUX

IUX Markets Top Forex Brokers 2025

IUX has gained traction among UAE traders seeking high leverage (up to 1:3000), competitive fees, and broad forex coverage. The broker offers a low $10 minimum deposit and platform flexibility via MetaTrader 5 and IUX WebTrader. Islamic (swap-free) accounts are available, and strong customer service aims to guide clients throughout their trading journey.

IUX – Features

  • Leverage: Up to 1:3000

  • Minimum deposit: $10

  • Platforms: MT5, IUX WebTrader

  • Tradable markets: Forex (wide range of pairs)

  • Islamic account access: Yes

  • Strengths/benefits: Competitive fees, high leverage, supportive customer service

Deriv

deriv

Deriv is a long-established global broker (25+ years) serving millions of traders and growing steadily in the UAE. It offers CFD trading across forex, stock indices, stocks, commodities, ETFs, and cryptocurrencies, with leverage up to 1:500 and a low 40 AED minimum deposit. Clients can choose standard or swap-free (sharia-compliant) accounts, trade on MetaTrader 5, and use a new regional mobile app for iOS/Android that includes built-in risk tools (stop loss, take profit, trailing stop). UAE traders can also practice on a 10,000 AED demo. With 24/7 multilingual (including Arabic) support, extensive education, and multi-jurisdiction regulation, Deriv delivers a secure, accessible environment for beginners and advanced traders alike.

Deriv – Features

  • Regulation: Malta, Labuan, UAE, Vanuatu, BVI, Mauritius

  • Leverage: Up to 1:500

  • Minimum spreads: From 0.5 pips

  • Minimum deposit: 40 AED

  • Platforms: MT5, regional mobile app (iOS & Android)

  • Islamic account access: Yes (swap-free)

  • Demo account: 10,000 AED virtual funds

  • Benefits: Arabic language support, 24/7 customer service, competitive spreads & low commissions, education & training materials, in-app risk management tools

FP Markets

FP Markets Broker Logo

FP Markets is recognised for low trading costs, tight spreads, and fast execution—appealing to scalpers and day traders in the UAE. Clients can choose between TradingView, MetaTrader 4, MetaTrader 5, and IRESS, accessing a broad selection of forex pairs, indices, and commodities. Islamic accounts are supported, and customer service is positioned as a strong point, complemented by research tools that help both newer and advanced traders refine their strategies. This mix of platform choice, competitive pricing, and supportive resources makes FP Markets a practical option for cost-conscious traders.

FP Markets – Features

  • Platforms: TradingView, MT4, MT5, IRESS

  • Tradable markets: Forex, indices, commodities

  • Islamic account access: Yes

  • Strengths/benefits: Low costs, tight spreads, fast execution, research tools, responsive support

Pepperstone

pepperstone

Pepperstone is widely known for competitive fees, low spreads, and strong multi-jurisdiction regulation (including DFSA, ASIC, and FCA). Traders can operate on MetaTrader 4, MetaTrader 5, and cTrader, with access to a wide range of forex pairs. Islamic accounts are available, and customer support is praised for responsiveness across all account types. With reliable execution and well-regarded service, Pepperstone suits active traders who value cost efficiency and platform flexibility.

Pepperstone – Features

  • Regulation: DFSA, ASIC, FCA, and others

  • Platforms: MT4, MT5, cTrader

  • Tradable markets: Primarily forex (wide range of pairs)

  • Islamic account access: Yes

  • Strengths/benefits: Competitive fees, low spreads, robust regulation, responsive support

AvaTrade

Avatrade

AvaTrade offers a comprehensive account lineup—including Islamic accounts—across AvaTradeGO, MetaTrader 4, and MetaTrader 5. Traders can access a broad range of assets spanning forex pairs, stocks, and cryptocurrencies. Fees are competitive, and the broker emphasizes education and customer support to create a smoother experience for both beginners and experienced traders. For UAE clients seeking variety with straightforward platform options, AvaTrade provides a well-rounded environment.

AvaTrade – Features

  • Platforms: AvaTradeGO, MT4, MT5

  • Tradable markets: Forex, stocks, cryptocurrencies

  • Islamic account access: Yes

  • Strengths/benefits: Competitive fees, wide asset coverage, education, supportive service

eToro

etoro logo

eToro is a leading social-trading platform, ideal for those who want to follow and copy other traders. It provides access to diverse assets including forex pairs, stocks, and ETFs. While leverage and fees may be less attractive for traditional, high-leverage forex strategies, its copy-trading tools and community features stand out. eToro does not offer Islamic accounts, and support is delivered primarily through online channels, making it a better fit for traders who prioritize social features and multi-asset exposure over conventional forex conditions.

eToro – Features

  • Core focus: Social/copy trading

  • Tradable markets: Forex, stocks, ETFs (and more)

  • Islamic account access: No

  • Support model: Primarily online channels

  • Strengths/benefits: Social trading tools, diverse asset access

ADSS

adss

ADSS is a UAE-focused broker regulated by the Securities and Commodities Authority (SCA), appealing to regional traders who want local oversight, Arabic-speaking support, and platform choice. Clients can trade forex, commodities, and indices on MetaTrader 4 and OREX, with access to Islamic (swap-free) accounts and multiple account types. ADSS emphasizes competitive fees and fast execution across a diverse range of forex pairs, making it a practical option for traders seeking a regulated, Arabic-supported experience in the Emirates.

ADSS – Features

  • Regulation: SCA (UAE)

  • Platforms: MT4, OREX

  • Tradable markets: Forex, commodities, indices

  • Islamic account access: Yes

  • Strengths/benefits: Arabic-speaking support, competitive fees, fast execution, multiple account types

Exness

exness

Exness is known for very high leverage (up to 1:2000), competitive fees, and swift withdrawals—an attractive mix for active forex traders in the UAE. The broker supports Islamic (swap-free) accounts and offers MetaTrader 4 and MetaTrader 5, giving clients familiar tools and a wide selection of forex pairs. With a reputation for solid customer service, Exness provides a streamlined experience for opening, funding, and managing trading accounts.

Exness – Features

  • Leverage: Up to 1:2000

  • Platforms: MT4, MT5

  • Tradable markets: Forex (wide selection of pairs)

  • Islamic account access: Yes

  • Strengths/benefits: Competitive fees, swift withdrawals, reliable support

XM

XM

XM combines tight spreads, a very low minimum deposit of $5, and access to 1,000+ instruments, including a broad range of forex pairs. Traders can choose from multiple account types—including Islamic accounts—and benefit from multilingual customer service designed to support beginners and experienced traders alike. The broker’s wide instrument coverage and approachable entry point make XM a versatile choice.

XM – Features

  • Minimum deposit: $5

  • Instruments: 1,000+ (including many forex pairs)

  • Islamic account access: Yes

  • Account types: Multiple

  • Strengths/benefits: Tight spreads, multilingual support, suitable for all levels

Best Forex Brokers in UAE 2025 – Comparison Table

Broker

Year Established

Regulation

Min. Deposit

Max Leverage

Platforms

Islamic Account Available

IUX

2016

FSC (Mauritius), ASIC

$10

1:3000

MetaTrader 5, IUX WebTrader

Yes

Deriv

1999

VFSC, LFSA, BVI FSC

$5

1:1000

Deriv MT5, DTrader, DBot

Yes (request via support)

FP Markets

2005

ASIC, CySEC, FSA

$100

1:500

MetaTrader 4, MetaTrader 5, IRESS

Yes

Pepperstone

2010

ASIC, FCA, DFSA, CySEC, BaFin, CMA, SCB

$0

1:500

MetaTrader 4, MetaTrader 5, cTrader

Yes

AvaTrade

2006

CBI, ASIC, FSCA, FSA

$100

1:400

AvaTradeGO, MetaTrader 4, MetaTrader 5

Yes

eToro

2007

FCA, CySEC, ASIC, FinCEN

$200

1:30 (retail)

Proprietary eToro Platform

No

ADSS

2011

SCA (UAE), FCA, SFC

$100

1:500

MetaTrader 4, OREX

Yes

Exness

2008

CySEC, FCA, FSCA, FSA

$1

1:2000

MetaTrader 4, MetaTrader 5

Yes

XM

2009

CySEC, ASIC, IFSC, DFSA

$5

1:888

MetaTrader 4, MetaTrader 5

Yes

Final Thoughts on Forex Brokers in UAE

The UAE offers a variety of options for traders looking to trade forex with regulated brokers, competitive fees, and access to a wide range of forex pairs. Choosing the right broker depends on individual needs, such as preferred trading accounts, platforms, and support. Whether you prioritize high leverage, fast execution , or strong customer service, the UAE market has something to offer.

Thorough research and a clear understanding of trading goals are essential for a successful trading experience.

Frequently Asked Questions (FAQ)

Is MetaTrader 5 legal in the UAE?

Yes, MetaTrader 5 (MT5) is a legal trading platform in the UAE. Many brokers operating in the country offer the MT5 trading platform. For instance, Equiti Securities Currencies Brokers LLC is regulated by the Securities and Commodities Authority (SCA) of the UAE and provides MT5 to its clients.

Is Dubai good for forex trading?

Dubai offers a favourable environment for forex trading. The city serves as a global financial hub, boasting a robust regulatory framework. Forex trading is a legal and regulated activity, overseen by authorities such as the Dubai Financial Services Authority (DFSA) and the Securities and Commodities Authority (SCA). Additionally, Dubai's strategic location and advanced infrastructure make it accessible for traders worldwide.

Do forex traders pay tax in the UAE?

The UAE does not impose personal income tax, so individual forex traders are generally not taxed on their trading profits. However, if a trader's turnover exceeds certain thresholds, they may be subject to corporate tax regulations. It's advisable to consult with a tax professional to understand any obligations.

Is MT5 halal or haram?

The permissibility of using MetaTrader 5 (MT5) depends on how it is used. If trades conducted on MT5 comply with Islamic financial principles, such as avoiding interest (riba) and ensuring immediate settlement, then using MT5 can be considered permissible. Many brokers offer Islamic or swap-free accounts on MT5 to accommodate these requirements.

Which broker is halal in Islam?

Several brokers offer Islamic or swap-free accounts that comply with Shariah principles. These accounts avoid interest charges and are structured to meet Islamic financial guidelines. Examples include AvaTrade, FxPro, and OctaFX, among others. It's important to review each broker's offerings to ensure they align with individual religious and trading requirements.

The United Arab Emirates (UAE) continues to attract traders looking to trade forex on regulated platforms that offer competitive fees and a strong range of forex pairs. In 2025, the best forex brokers in UAE provide a combination of low spreads, advanced trading tools, and trusted regulation, ensuring a reliable trading experience for both beginners and experienced traders. This guide highlights the top brokers in UAE, helping traders make informed decisions based on their individual needs.

Choosing the Right Forex Broker in UAE

Selecting the best forex broker UAE involves careful consideration of factors such as regulation, platform options, customer service quality, and account features. Whether you’re interested in trading accounts with high leverage or brokers offering a wide selection of forex pairs, the options in the UAE are diverse.

When comparing brokers, consider:

  • Regulatory status (SCA, DFSA, FCA, ASIC)

  • Trading accounts and account types

  • Competitive fees and tight spreads

  • Platform options like MetaTrader 4, MetaTrader 5, TradingView and cTrader

  • Quality of customer service and support channels

  • Minimum deposit requirements

  • Range of instruments, including forex pairs, indices, commodities, and crypto

The brokers listed in this guide represent the diversity of choices available to traders in the UAE.

Top Forex Brokers in UAE 2025

IUX

IUX Markets Top Forex Brokers 2025

IUX has gained traction among UAE traders seeking high leverage (up to 1:3000), competitive fees, and broad forex coverage. The broker offers a low $10 minimum deposit and platform flexibility via MetaTrader 5 and IUX WebTrader. Islamic (swap-free) accounts are available, and strong customer service aims to guide clients throughout their trading journey.

IUX – Features

  • Leverage: Up to 1:3000

  • Minimum deposit: $10

  • Platforms: MT5, IUX WebTrader

  • Tradable markets: Forex (wide range of pairs)

  • Islamic account access: Yes

  • Strengths/benefits: Competitive fees, high leverage, supportive customer service

Deriv

deriv

Deriv is a long-established global broker (25+ years) serving millions of traders and growing steadily in the UAE. It offers CFD trading across forex, stock indices, stocks, commodities, ETFs, and cryptocurrencies, with leverage up to 1:500 and a low 40 AED minimum deposit. Clients can choose standard or swap-free (sharia-compliant) accounts, trade on MetaTrader 5, and use a new regional mobile app for iOS/Android that includes built-in risk tools (stop loss, take profit, trailing stop). UAE traders can also practice on a 10,000 AED demo. With 24/7 multilingual (including Arabic) support, extensive education, and multi-jurisdiction regulation, Deriv delivers a secure, accessible environment for beginners and advanced traders alike.

Deriv – Features

  • Regulation: Malta, Labuan, UAE, Vanuatu, BVI, Mauritius

  • Leverage: Up to 1:500

  • Minimum spreads: From 0.5 pips

  • Minimum deposit: 40 AED

  • Platforms: MT5, regional mobile app (iOS & Android)

  • Islamic account access: Yes (swap-free)

  • Demo account: 10,000 AED virtual funds

  • Benefits: Arabic language support, 24/7 customer service, competitive spreads & low commissions, education & training materials, in-app risk management tools

FP Markets

FP Markets Broker Logo

FP Markets is recognised for low trading costs, tight spreads, and fast execution—appealing to scalpers and day traders in the UAE. Clients can choose between TradingView, MetaTrader 4, MetaTrader 5, and IRESS, accessing a broad selection of forex pairs, indices, and commodities. Islamic accounts are supported, and customer service is positioned as a strong point, complemented by research tools that help both newer and advanced traders refine their strategies. This mix of platform choice, competitive pricing, and supportive resources makes FP Markets a practical option for cost-conscious traders.

FP Markets – Features

  • Platforms: TradingView, MT4, MT5, IRESS

  • Tradable markets: Forex, indices, commodities

  • Islamic account access: Yes

  • Strengths/benefits: Low costs, tight spreads, fast execution, research tools, responsive support

Pepperstone

pepperstone

Pepperstone is widely known for competitive fees, low spreads, and strong multi-jurisdiction regulation (including DFSA, ASIC, and FCA). Traders can operate on MetaTrader 4, MetaTrader 5, and cTrader, with access to a wide range of forex pairs. Islamic accounts are available, and customer support is praised for responsiveness across all account types. With reliable execution and well-regarded service, Pepperstone suits active traders who value cost efficiency and platform flexibility.

Pepperstone – Features

  • Regulation: DFSA, ASIC, FCA, and others

  • Platforms: MT4, MT5, cTrader

  • Tradable markets: Primarily forex (wide range of pairs)

  • Islamic account access: Yes

  • Strengths/benefits: Competitive fees, low spreads, robust regulation, responsive support

AvaTrade

Avatrade

AvaTrade offers a comprehensive account lineup—including Islamic accounts—across AvaTradeGO, MetaTrader 4, and MetaTrader 5. Traders can access a broad range of assets spanning forex pairs, stocks, and cryptocurrencies. Fees are competitive, and the broker emphasizes education and customer support to create a smoother experience for both beginners and experienced traders. For UAE clients seeking variety with straightforward platform options, AvaTrade provides a well-rounded environment.

AvaTrade – Features

  • Platforms: AvaTradeGO, MT4, MT5

  • Tradable markets: Forex, stocks, cryptocurrencies

  • Islamic account access: Yes

  • Strengths/benefits: Competitive fees, wide asset coverage, education, supportive service

eToro

etoro logo

eToro is a leading social-trading platform, ideal for those who want to follow and copy other traders. It provides access to diverse assets including forex pairs, stocks, and ETFs. While leverage and fees may be less attractive for traditional, high-leverage forex strategies, its copy-trading tools and community features stand out. eToro does not offer Islamic accounts, and support is delivered primarily through online channels, making it a better fit for traders who prioritize social features and multi-asset exposure over conventional forex conditions.

eToro – Features

  • Core focus: Social/copy trading

  • Tradable markets: Forex, stocks, ETFs (and more)

  • Islamic account access: No

  • Support model: Primarily online channels

  • Strengths/benefits: Social trading tools, diverse asset access

ADSS

adss

ADSS is a UAE-focused broker regulated by the Securities and Commodities Authority (SCA), appealing to regional traders who want local oversight, Arabic-speaking support, and platform choice. Clients can trade forex, commodities, and indices on MetaTrader 4 and OREX, with access to Islamic (swap-free) accounts and multiple account types. ADSS emphasizes competitive fees and fast execution across a diverse range of forex pairs, making it a practical option for traders seeking a regulated, Arabic-supported experience in the Emirates.

ADSS – Features

  • Regulation: SCA (UAE)

  • Platforms: MT4, OREX

  • Tradable markets: Forex, commodities, indices

  • Islamic account access: Yes

  • Strengths/benefits: Arabic-speaking support, competitive fees, fast execution, multiple account types

Exness

exness

Exness is known for very high leverage (up to 1:2000), competitive fees, and swift withdrawals—an attractive mix for active forex traders in the UAE. The broker supports Islamic (swap-free) accounts and offers MetaTrader 4 and MetaTrader 5, giving clients familiar tools and a wide selection of forex pairs. With a reputation for solid customer service, Exness provides a streamlined experience for opening, funding, and managing trading accounts.

Exness – Features

  • Leverage: Up to 1:2000

  • Platforms: MT4, MT5

  • Tradable markets: Forex (wide selection of pairs)

  • Islamic account access: Yes

  • Strengths/benefits: Competitive fees, swift withdrawals, reliable support

XM

XM

XM combines tight spreads, a very low minimum deposit of $5, and access to 1,000+ instruments, including a broad range of forex pairs. Traders can choose from multiple account types—including Islamic accounts—and benefit from multilingual customer service designed to support beginners and experienced traders alike. The broker’s wide instrument coverage and approachable entry point make XM a versatile choice.

XM – Features

  • Minimum deposit: $5

  • Instruments: 1,000+ (including many forex pairs)

  • Islamic account access: Yes

  • Account types: Multiple

  • Strengths/benefits: Tight spreads, multilingual support, suitable for all levels

Best Forex Brokers in UAE 2025 – Comparison Table

Broker

Year Established

Regulation

Min. Deposit

Max Leverage

Platforms

Islamic Account Available

IUX

2016

FSC (Mauritius), ASIC

$10

1:3000

MetaTrader 5, IUX WebTrader

Yes

Deriv

1999

VFSC, LFSA, BVI FSC

$5

1:1000

Deriv MT5, DTrader, DBot

Yes (request via support)

FP Markets

2005

ASIC, CySEC, FSA

$100

1:500

MetaTrader 4, MetaTrader 5, IRESS

Yes

Pepperstone

2010

ASIC, FCA, DFSA, CySEC, BaFin, CMA, SCB

$0

1:500

MetaTrader 4, MetaTrader 5, cTrader

Yes

AvaTrade

2006

CBI, ASIC, FSCA, FSA

$100

1:400

AvaTradeGO, MetaTrader 4, MetaTrader 5

Yes

eToro

2007

FCA, CySEC, ASIC, FinCEN

$200

1:30 (retail)

Proprietary eToro Platform

No

ADSS

2011

SCA (UAE), FCA, SFC

$100

1:500

MetaTrader 4, OREX

Yes

Exness

2008

CySEC, FCA, FSCA, FSA

$1

1:2000

MetaTrader 4, MetaTrader 5

Yes

XM

2009

CySEC, ASIC, IFSC, DFSA

$5

1:888

MetaTrader 4, MetaTrader 5

Yes

Final Thoughts on Forex Brokers in UAE

The UAE offers a variety of options for traders looking to trade forex with regulated brokers, competitive fees, and access to a wide range of forex pairs. Choosing the right broker depends on individual needs, such as preferred trading accounts, platforms, and support. Whether you prioritize high leverage, fast execution , or strong customer service, the UAE market has something to offer.

Thorough research and a clear understanding of trading goals are essential for a successful trading experience.

Frequently Asked Questions (FAQ)

Is MetaTrader 5 legal in the UAE?

Yes, MetaTrader 5 (MT5) is a legal trading platform in the UAE. Many brokers operating in the country offer the MT5 trading platform. For instance, Equiti Securities Currencies Brokers LLC is regulated by the Securities and Commodities Authority (SCA) of the UAE and provides MT5 to its clients.

Is Dubai good for forex trading?

Dubai offers a favourable environment for forex trading. The city serves as a global financial hub, boasting a robust regulatory framework. Forex trading is a legal and regulated activity, overseen by authorities such as the Dubai Financial Services Authority (DFSA) and the Securities and Commodities Authority (SCA). Additionally, Dubai's strategic location and advanced infrastructure make it accessible for traders worldwide.

Do forex traders pay tax in the UAE?

The UAE does not impose personal income tax, so individual forex traders are generally not taxed on their trading profits. However, if a trader's turnover exceeds certain thresholds, they may be subject to corporate tax regulations. It's advisable to consult with a tax professional to understand any obligations.

Is MT5 halal or haram?

The permissibility of using MetaTrader 5 (MT5) depends on how it is used. If trades conducted on MT5 comply with Islamic financial principles, such as avoiding interest (riba) and ensuring immediate settlement, then using MT5 can be considered permissible. Many brokers offer Islamic or swap-free accounts on MT5 to accommodate these requirements.

Which broker is halal in Islam?

Several brokers offer Islamic or swap-free accounts that comply with Shariah principles. These accounts avoid interest charges and are structured to meet Islamic financial guidelines. Examples include AvaTrade, FxPro, and OctaFX, among others. It's important to review each broker's offerings to ensure they align with individual religious and trading requirements.

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
This is the Finance Magnates Staff.
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