This section compares and reviews the best forex brokers in UAE Dubai in 2023. Forex trading is reaching out all across the globe and United Arab Emirates is not an exception. While there are handful of reputable forex brokerages, it is important to realize that scammers are always on the hunt, especially the offshore brokers without regulatory licenses.
During your research, pay attention to all the details in the reviews in order to find a proper company to invest with. It is advisable to go for regulated fx brokers who provide Islamic forex accounts. These are swap free accounts that do not charge interests for overnight positions.
Trading forex (currencies) in the United Arab Emirates is popular among residents. While recommended, forex brokers are not required to become authorised by the Securities and Commodities Authority (SCA) to accept residents of the United Arab Emirates as customers.
Our team has been working hard testing and reviewing all sorts of brokers, in order to eliminated the fraud and provide a comprehensive list of regulated forex brokerages in UAE you can feel safe to trade with.
| Broker | Min Deposit | Platforms | Payments | Leverage | Regulation | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| eToro | 1 | https://forexexplore.com/forex-brokers/etoro-review/ | 200 | 2 | - | https://forexexplore.com/forex-brokers/etoro-review/ | eToro Platform | no | yes | Credit Cards, Debit Cards, Paypal, Neteller, Skrill, Webmoney, Wire Transfer | 1:30; 1:1 for Crypto Currencies | English, Spanish, Italian, Portuguese, Russian, Chinese, Arabic, German | no | yes | CySec, NFA | yes | yes | 1 | 0 | 1 | 0 | 0 | 0 | ||||||||
| AGEA | 0 | https://forexexplore.com/forex-brokers/agea-reviews/ | 1 | 3 | $5 no-deposit bonus | https://forexexplore.com/forex-brokers/agea-reviews/ | Streamster, MetaTrader 4 | yes | yes | Credit Cards, Wire, Skrill, Webmoney, e-Dinar, Neteller, FasaPay, Perfect Money | 1:500 | English | no | yes | 1 | 0 | 1 | 0 | 0 | 1 | |||||||||||
| AvaTrade | 8 | http://www.avatrade.com/?tag=1574 | 100 | 1 | 100% | yes | https://forexexplore.com/forex-brokers/avatrade-review/ | AvaTrader, MetaTrader 4, MetaTrader Floating Spread, Mac Trading, Web Trading, Mobile Trading, Automatic Trading, AvaOptions | yes | yes | Credit Cards, Debit Cards, Skrill, Wire Transfer, PayPal, Neteller, WebMoney | 1:400 | English, Chinese, Arabic, Spanish, French, Italian, Portuguese, German, Indonesian | no | yes | Central Bank of Ireland, ASIC, Financial Services Commission of British Virgin Island | no | yes | no | yes | yes | yes | 1 | 0 | 1 | 0 | 1 | 1 | |||
| CMCMarkets | 2 | https://forexexplore.com/forex-brokers/cmc-markets-review/ | 1 | 0.7 | - | https://forexexplore.com/forex-brokers/cmc-markets-review/ | Next Generation web-based | yes | no | Credit cards, Wire Transfer | 500:1 | English, Chinese, French, Spanish, German | no | no | FCA | no | no | no | 1 | 0 | 0 | 0 | 0 | 1 | |||||||
| Tifia | 1 | https://forexexplore.com/forex-brokers/tifia-review/ | 10 | 2.5 | https://forexexplore.com/forex-brokers/tifia-review/ | Metatrader 4, webtrader | yes | yes | wire transfer, credit cards, skrill, neteller, perfect money, fasapay, okpay | 1:1,000 | no | yes | Vanuatu Financial Services Commission VFSC | yes | yes | no | yes | 1 | 1 | 0 | 0 | 0 | 1 | ||||||||
| LiteFinance | 8 | https://www.litefinance.com/?uid=900002841 | 10 | 3 | 30% + 15% | yes | https://forexexplore.com/forex-brokers/litefinance-review/ | Metatrader 4, Metatrader 5, WebTerminal | yes | yes | Skrill, Webmoney, Bitcoin, Advcash, Credit Card | 1:500 | English, Russian, Chinese, Malaysian, German, Arabic, Partugese, Spanish, French, Hebrew, Japanese, Greek | no | yes | CySEC, Marshal Islands Business Corporation Act. | yes | no | yes | yes | yes | yes | yes | yes | yes | 1 | 1 | 1 | 0 | 0 | 1 |
| InstaForex | 7 | https://www.instaforex.com/?x=JR | 1 | 0.6 | $100 No Deposit Bonus | yes | https://forexexplore.com/forex-brokers/instaforex-review/ | MetaTrader 4, Metatrader 5, Webtrader | yes | yes | Some local Bank transfers, PayCo, AstroPay, Cryptocurrency | 1:1,000 | English, Russian | yes | yes | RAFMM | yes | yes | yes | yes | 1 | 1 | 1 | 0 | 0 | 1 | |||||
| Dukascopy | 4 | https://forexexplore.com/forex-brokers/dukascopy-reviews/ | 250 | 0.5 | - | yes | https://forexexplore.com/forex-brokers/dukascopy-reviews/ | Dukascopy | yes | yes | Wire, Bank Guarantee, Standby letter of Credit Segregated Accounts | 1:500 | English, French, German, Russian, Spanish, Chinese, Japanese, Arabic | KPMG ARIF | yes | 1 | 1 | 0 | 1 | 0 | 1 | ||||||||||
| RealTrade | 1 | https://forexexplore.com/forex-brokers/realtrade-reviews/ | 20 | 3 | 30% welcome bonus | https://forexexplore.com/forex-brokers/realtrade-reviews/ | MetaTrader 4 | no | yes | Credit Cards, WebMoney, and Wire Transfer | 1:500 | English, Russian | no | no | no | no | no | yes | 0 | 0 | 0 | 0 | 0 | 1 | |||||||
| FxPro | 5 | https://forexexplore.com/forex-brokers/fxpro-review/ | 100 | 0.5 | up to $1,000 | yes | https://forexexplore.com/forex-brokers/fxpro-review/ | FxPro cTrader, FxPro cTrader Web, MT4 Client Terminal, MT4 MultiTerminal, MT4 WebTrader, MT4 Premium | yes | yes | Credit/Debit Card, Bank Wire, PayPal, Neteller, Skrill | 1:500 | Arabic, Chinese, English, French, German, Greek, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish and Vietnamese | no | no | FCA, CySEC | yes | yes | no | yes | 1 | 0 | 1 | 0 | 1 | 1 | |||||
| FXOpen | 1 | https://www.fxopen.com/ | 1 | 2 | $100 | https://www.forexexplore.com/forex-brokers/fxopen-reviews | MetaTrader 4 | no | yes | Wire, WebMoney, AlertPay, CashU, c-gold, PerfectMoney | 1:500 | English | no | no | ASIC, FCA UK, Financial Dispute Resolution Scheme | yes | yes | no | yes | yes | 1 | 1 | 1 | 0 | 0 | 1 | |||||
| PrimeXBT | 4 | https://go.primexbt.com/click?pid=2298&offer_id=12 | 1 | https://www.forexexplore.com/forex-brokers/primexbt-review | PrimeXBT, Turbo | yes | no | Credit Cards | 1:1000 | yes | ASIC | yes | yes | yes | yes | 0 | 0 | 0 | 0 | 0 | 1 | ||||||||||
| ActivTrades | 2 | https://www.forexexplore.com/forex-brokers/activtrades-reviews | 100 | 2 | https://www.forexexplore.com/forex-brokers/activtrades-reviews | Metatrader 4, Activtrader | yes | yes | Credit Card, Wire transfer, neteller, skrill, sofort | 1:400 | English, German, Spanish, Italian, French, Portuguese | no | no | FCA | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||||
| House of Borse | 1 | https://www.forexexplore.com/forex-brokers/house-of-borse-review | 50000 | 0.8 | https://www.forexexplore.com/forex-brokers/house-of-borse-review | MetaTrader 4 | no | yes | credit cards, wire transfer | 1:100 | no | no | FCA UK | yes | yes | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||
| FXDD | 3 | http://www.fxdd.com/ | 100 | 2 | - | https://www.forexexplore.com/forex-brokers/fxdd-reviews | MetaTrader4, FXDD Trader, Power Trader, FXDD Auto, MTXtreme | no | yes | Wire, PayPal, Check, BPS | 1:200 | English, Chinese, Japanese, Russian, Spanish, Portuguese, German, French, Turkish, Arabic, Vietnamese | yes | Malta Financial Services Authority (MFSA) | yes | 1 | 1 | 1 | 0 | 0 | 0 | ||||||||||
| FXCM | 5 | https://www.forexexplore.com/forex-brokers/fxcm-review | 250 | 2 | - | yes | https://www.forexexplore.com/forex-brokers/fxcm-review | Trading Station II, MetaTrader 4, Active Trader, Forex System Selector | no | yes | Credit/Debit card, Online Check, Bank Wire, Paper Check | 1:200 | Spanish, French, Chinese, Russian, Portuguese, German, Italian, Arabic | yes | UK Financial Conduct Authority, AFSL | yes | yes | yes | yes | 1 | 0 | 1 | 0 | 0 | 0 | ||||||
| Hotforex | 2 | https://www.forexexplore.com/forex-brokers/hotforex-review | 5 | 2 | 100% bonus | https://www.forexexplore.com/forex-brokers/hotforex-review | Metatrader 4, mobile platform, rapid trader fix/api | yes | yes | credit cards, skrill, Unionpay, neteller, wire transfer, webmoney, fasapay | 1:1,000 | no | no | yes | no | yes | 0 | 0 | 1 | 0 | 0 | 1 | |||||||||
| Oanda | 3 | https://www.forexexplore.com/forex-brokers/oanda-reviews | 1 | 1.4 | https://www.forexexplore.com/forex-brokers/oanda-reviews | Metatrader 4, FXtrade | yes | yes | check, Credit cards, PayPal, Wire transfer | 1:50 | English, Chinese, German, Spanish, French, Italian, Portuguese and Russian | yes | no | NFA | no | no | no | yes | yes | 1 | 0 | 0 | 0 | 0 | 0 | ||||||
| Saxo Bank | 2 | http://www.saxobank.com | 5000 | 2 | n/a | https://www.forexexplore.com/forex-brokers/saxobank-reviews | SaxoTrader | no | yes | Wire | 1:100 | English, Belgium, German, French, Spanish, Italian, Arabic, Romanian, Russian, Polish | Danish Financial Services Authority and operates in the UAE | 1 | 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Forex.com | 4 | http://www.forex.com/ | 50 | 2 | - | https://www.forexexplore.com/forex-brokers/forex-reviews | ForexTrader platform (in-house), MetaTrader 4 | yes | yes | wire transfer, Credit/Debit Card, Check | 1:200 | English, Russian, Japanese, Arabic, Turkish, German, Chinese, Albanian, Thai, Italian, Hebrew, Greek | yes | no | CFTC, NFA, FCA (UK), ASIC (Australia), ILLROC (Canada), SFC (Hong Kong), FFAJ (Japan) | yes | yes | no | yes | 1 | 0 | 0 | 0 | 0 | 0 | ||||||
| HYCM | 4 | https://www.forexexplore.com/forex-brokers/hycm-reviews | 100 | 2 | 25% up to $5,000 | https://www.forexexplore.com/forex-brokers/hycm-reviews | Metatrader 4 | no | no | credit cards, wire transfer, Skrill, webmoney | 1:400 | English, Chinese, Arabic | no | no | FCA UK, CySEC, SFC | no | no | no | yes | 1 | 0 | 0 | 0 | 1 | 1 | ||||||
| AdmiralMarkets | 1 | https://forexexplore.com/forex-brokers/admiral-markets-reviews/ | 10 | 3 | n/a | https://forexexplore.com/forex-brokers/admiral-markets-reviews/ | MetaTrader 4 | no | yes | Wire | 1:200 | English, Spanish, Russian, Lithuanian, Romanian, Latvian, Bulgarian, Greek, Croatian, Polish, Hungarian, Czech, Italian, Estonian, German, Finnish, Portuguese | 0 | 0 | 1 | 0 | 0 | 0 | |||||||||||||
| Alpari | 2 | https://forexexplore.com/forex-brokers/alpari-review/ | 1 | 2 | 50% Welcome | https://forexexplore.com/forex-brokers/alpari-review/ | MetaTrader 4 | no | yes | Debit or Credit Card, Wire Transfer | 1:500 | English, Chinese, German, and Arabic | yes | yes | 0 | 1 | 1 | 0 | 0 | 1 | |||||||||||
| Fort Financial Services | 1 | https://forexexplore.com/forex-brokers/fort-financial-reviews/ | 5 | 3 | https://forexexplore.com/forex-brokers/fort-financial-reviews/ | MetaTrader 4, CQG, Ninja trader, binary options | yes | yes | Credit cards, webmoney, Skrill, Neteller, perfect money, fasapay, wire transfer | 1:1,000 | English | no | no | IFSC | yes | yes | no | yes | 1 | 1 | 0 | 0 | 0 | 1 | |||||||
| Blackwell Global | 2 | https://forexexplore.com/forex-brokers/blackwell-global-review/ | 2000 | 3 | - | https://forexexplore.com/forex-brokers/blackwell-global-review/ | MetaTrader 4, Blackwell Pro, Mobile | yes | yes | redit/debit cards, Neteller, Skrill, Wire transfer | 1:200 | Arabic, Chinese, English, Greek, Italian, Korean, French, Romanian | Financial Conduct Authority | 1 | 0 | 1 | 0 | 0 | 0 | ||||||||||||
| AAAfx | 2 | https://forexexplore.com/forex-brokers/aaafx-reviews/ | 300 | 0.2 | up to 30% | https://forexexplore.com/forex-brokers/aaafx-reviews/ | ZTP, MetaTrader 4, Binary options webtrader, Zulutrade | yes | yes | Wire, Credit Card, Skrill, Neteller, giropay, EPS, directpay24, teleingreso, ideal, qiwi, Bitcoin | 1:200 | Arabic, Chinese, English, French, German, Greek, Italian, Japanese, Russian | no | yes | HCMC (Greece) | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||
| XTB | 2 | https://forexexplore.com/forex-brokers/xtb-reviews/ | 250 | 2 | https://forexexplore.com/forex-brokers/xtb-reviews/ | Metatrader 4, xStation, xMobile | yes | yes | Credit cards, Neteller, Paypal, Skrill, Wire transfer | 1:200 | no | no | CNMV (Spain), FCA (UK), FSA (Poland) | yes | yes | no | yes | 1 | 0 | 0 | 0 | 0 | 0 | ||||||||
| iFOREX | 3 | https://forexexplore.com/forex-brokers/iforex-reviews/ | 100 | 3 | - | https://forexexplore.com/forex-brokers/iforex-reviews/ | FXnet Trader | yes | yes | credit cards, wire transfer | 1:400 | English, Hebrew, Indonesian, German, Spanish, French, Italian, Nederlands, Portuguese, Romanian, Turkish, RUssian, Arabic, Chinese, Japanese | no | no | HFSA in Hungary, CySEC | no | no | no | 1 | 0 | 1 | 0 | 0 | 1 | |||||||
| Oinvest | 0 | https://forexexplore.com/forex-brokers/oinvest-review/ | 200 | 0.7 | Samsung Galaxy, iPhone | no | https://forexexplore.com/forex-brokers/oinvest-review/ | Metatrader 4 | yes | yes | Skrill, Neteller, Credit Cards | 1:200 | no | yes | yes | yes | yes | yes | yes | yes | yes | yes | yes | yes | 1 | 1 | 1 | 0 | 0 | 0 | |
| Plus500 | 5 | https://forexexplore.com/forex-brokers/plus500-reviews/ | 500 | 2 | 30% | yes | https://forexexplore.com/forex-brokers/plus500-reviews/ | Plus500 | yes | no | Skrill, Credit Cards, Wire Transfer | 1:200 | English, Hebrew, Arabic | Israel Securities Authority | 1 | 0 | 0 | 0 | 1 | 0 | |||||||||||
| TraderTrust | 1 | http://traders-trust.com/ | 100 | as low as 2 | 100% upto $5,000 | https://www.forexexplore.com/forex-brokers/tradertrust-reviews | SmartForex | no | yes | Skrill, Credit Cards | 1:200 | English, Russian, Italian, and Arabic | CySec, VFCS | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||||
| AdvancedMarkets | 3 | https://www.forexexplore.com/forex-brokers/advancedmarkets-reviews | 500 | 0-2.5 | - | https://www.forexexplore.com/forex-brokers/advancedmarkets-reviews | Advanced Trader/Pro/Prime, Fortex FX | no | yes | Wire, Check | 1:50 | English, Spanish, Korean | Australian AFSL, ASIC | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||||
| XM | 8 | http://clicks.pipaffiliates.com/afs/come.php?id=27&cid=3689&ctgid=16&atype=1 | 5 | 1 | $30 no deposit | yes | https://www.forexexplore.com/forex-brokers/xm-review | MetaTrader 4, Metatrader 5, XM Webtrader | yes | yes | Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer | 1:888 | Arabic, Chinese, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Malay, Korean, Polish, Portuguese, Russian, Spanish, Swedish, Turkish, Thai, Vientamese | no | CySEC, ASIC Australia, IFSC Belize | no | yes | yes | no | yes | no | 1 | 0 | 1 | 0 | 1 | 1 | ||||
| Anzo Capital | 2 | https://anzocapital.com/ | 100 | 2 | https://www.forexexplore.com/forex-brokers/anzo-capital-review | MetaTrader 4 | yes | yes | Webmoney, Skrill, Neteller, Credit Cards | 1:1000 | English, Chinese | no | no | yes | yes | yes | yes | yes | no | no | yes | no | no | 1 | 1 | 0 | 0 | 0 | 1 | ||
| MEX Exchange | 1 | https://www.mexexchange.com/ | 25 | 0.2 | https://www.forexexplore.com/forex-brokers/mex-exchange-review | Metatrader 4 | no | yes | Neteller, Skrill, Fasapay, UnionPay, Credit Cards, Wire Transfer | 1:500 | no | no | ASIC | yes | yes | yes | yes | 1 | 1 | 0 | 0 | 0 | 1 | ||||||||
| FBS | 1 | https://www.forexexplore.com/forex-brokers/fbs-review | 1 | from 0,2 pips fixed/floating | $123 Welcome Bonus | https://www.forexexplore.com/forex-brokers/fbs-review | MetaTrader 4, Metatrader 5, Webtrading | yes | yes | credit cards, fasapay, Indonesia local banks, Neteller, okpay, perfectmoney, Skrill, Webmoney, wire transfer, Thai local banks, Exchangers, Malaysian banks and Bitcoin by Skrill | up to 1:3,000 | English, Bahasa Indonesia, Bahasa Malyasian, Russian, Spanish, Portuguese, Arabic, Vietnamese, Bengali, Lithuanian, Korean, Chinese, Thai, Tamil | IFSC; Cysec | yes | yes | yes | yes | 1 | 0 | 1 | 0 | 0 | 1 | ||||||||
| FP Markets | 3 | http://go.fpmarkets.com/visit/?bta=35186&nci=5369 | 200 | starting from 0 | 10% credit bonus | https://www.forexexplore.com/forex-brokers/fpmarkets-review | MetaTrader 4 (MT4), IRESS, Mobile trading | yes | yes | credit cards, UnionPay, Neteller, Skrill (3% fee), Wire transfer, BPay and broker-to-broker transfer | 1:500 | English, Bahasa Melayu, French, Finish, Chinese, Norwegian, Russian, Thai, Italian, German, Portuguese, Spanish and Swedish | no | yes | ASIC | yes | yes | yes | yes | yes | 1 | 1 | 0 | 0 | 1 | 1 | |||||
| DFMarkets | 3 | http://www.dfmarkets.co.uk | 100 | from 0.1 pips | 10% Trading Credit Promotion up to $1,000 | https://www.forexexplore.com/forex-brokers/dfmarkets-reviews | DFTrader, DF WebTrader, DF Mobile | yes | yes | Bank wire, Credit/Debit cards | 1:200 | English | no | no | FCA | no | no | no | yes | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||
| EasyMarkets | 2 | http://www.easymarkets.com | 100 | 2.5 | https://www.forexexplore.com/forex-brokers/easymarkets-review | Metatrader 4, EasyMarkets web-based platform | yes | yes | credit cards, neteller, Skrill, Webmney, wire transfer | 1:100 | no | no | ASIC (Australia), CySEC (Cyprus) | no | no | no | yes | 1 | 0 | 1 | 0 | 0 | 0 | ||||||||
| OctaFX | 9 | http://octaengine.com/c/?p=566&bt=gif&b=2368 | 50 | from 0.2 | up to 50% | yes | https://www.forexexplore.com/forex-brokers/octafx-reviews | MetaTrader 4, Metatrader 5, cTrader | yes | yes | Neteller, Skrill, Fasapay, Visa, Mastercard, Malaysian, Vietnamese, Indian, Indonesian, Bangladeshi local banks, Bitcoin, Unionpay | 1:500 | English | yes | FCA UK | yes | yes | yes | yes | yes | 1 | 1 | 0 | 0 | 1 | 1 | |||||
| IronFX | 4 | https://www.forexexplore.com/forex-brokers/ironfx-reviews | 100 | 0 | 40% | yes | https://www.forexexplore.com/forex-brokers/ironfx-reviews | Metatrader 4 | yes | yes | credit cards, Fasapay, neteller, qiwi, skrill, webmoney, wire transfer | 1:500 | English | no | yes | ASIC, CySEC, DFSA, FCA UK, FSB, UCRFIN, CRFIN, Member of Eurex Exchange, Consob, BaFIN | yes | yes | yes | 1 | 1 | 0 | 0 | 0 | 1 | ||||||
| FxGlory | 0 | https://forexexplore.com/forex-brokers/fxglory-review/ | 1 | 0.5 | 50% up to $1,000 | https://forexexplore.com/forex-brokers/fxglory-review/ | MetaTrader4, Mobile | no | yes | Credit/debit cards, Paypal, Bitcoin | 1:3,000 | English | yes | 0 | 0 | 0 | 0 | 0 | 1 | ||||||||||||
| TrioMarkets | 0 | https://forexexplore.com/forex-brokers/triomarkets-review/ | 100 | 3 | - | https://forexexplore.com/forex-brokers/triomarkets-review/ | MetaTrader 4, Sirix Webtrader | yes | yes | Credit Card, Wire, Skrill, Neteller, Paypal and CashU | 1:300 | English, Arabic, French, Italian, German | no | yes | CySEC | no | yes | no | 1 | 0 | 1 | 0 | 0 | 0 | |||||||
| CityIndex | 2 | https://forexexplore.com/forex-brokers/cityindex-review/ | 100 | 2 | - | https://forexexplore.com/forex-brokers/cityindex-review/ | MT4 (MetaTrader 4), Advantage Web, Advantage Trader, iPhone, Android, Windows Phone App, iPad and Tablet App | yes | yes | Credit/Debit Cards | 1:400 | English | Trademark of GAIN Capital UK Ltd - Regulated by FCA | yes | yes | 1 | 0 | 0 | 0 | 0 | 1 | ||||||||||
| Markets.com | 2 | https://forexexplore.com/forex-brokers/markets-com-review/ | 100 | 2 | up to $2,000 | https://forexexplore.com/forex-brokers/markets-com-review/ | Meta Trader 4,MarketTrader, Market WebTrader, Market Java Trader, Market Mobile Trader, Market WAP Trader, Market iTrader, Market AutoTrader | yes | yes | Credit/Debit Cards, Wire Transfer, Webmoney, Local Payments | 1:200 | English, French, Spanish, German, Russian, Italian, Chinese, Arabic, Turkish, Portuguese, Japanese, Polish, Greek, Dutch, Swedish | CySEC, FSCA South Africa | yes | yes | 1 | 1 | 1 | 0 | 0 | 0 | ||||||||||
| Orbex | 0 | https://forexexplore.com/forex-brokers/orbex-review/ | 500 | 1.6 | https://forexexplore.com/forex-brokers/orbex-review/ | MetaTrader 4 | no | yes | Skrill, Neteller, Wire Transfer, Credit Cards, CashU, Webmoney | 1:500 | English, Arabic, Bengali, Spanish, German, Russian, Chinese, Bulgarian, Urdu, Greek | no | no | CySEC | yes | yes | no | 1 | 1 | 0 | 0 | 0 | 1 | ||||||||
| CMTrading | 4 | https://forexexplore.com/forex-brokers/cmtrading-review/ | 200 | 2 | 15% match | https://forexexplore.com/forex-brokers/cmtrading-review/ה | MetaTrader 4, Sirix | yes | yes | credit/debit cards, Wire transfer, CashU ,Skrill | 1:400 | Financial Services Board (FSB) South Africa | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||||||
| Accent Forex | 0 | https://forexexplore.com/forex-brokers/accentforex-review/ | 10 | 3 | 50% | no | https://forexexplore.com/forex-brokers/accentforex-review/ | MetaTrader 4 | no | yes | WebMoney, OkPay, Skrill, Wire Transfer, Credit Cards | 1:500 | English | 0 | 0 | 0 | 0 | 0 | 1 | ||||||||||||
| Grand Capital | 0 | https://forexexplore.com/forex-brokers/grandcapital-review/ | 10 | 2 | $500 no deposit | https://forexexplore.com/forex-brokers/grandcapital-review/ | MetaTrader 4, WebTrader | yes | yes | Credit card, Neteller, Webmoney, CashU, Fasapay, Scrill, Webmoney | 500:1 | English, Russian, Chinese, Indonesian | yes | no | Financial Commission FinaCom, EDR Hong Kong external dispute resolution organization | yes | no | no | 1 | 0 | 1 | 0 | 0 | 1 | |||||||
| Simplefx | 1 | https://forexexplore.com/forex-brokers/simplefx-reviews/ | 1 | 1 | https://forexexplore.com/forex-brokers/simplefx-reviews/ | MetaTrader 4 and in-house web-based platform | yes | yes | Wire transfer, Credit/debit cards, Skrill, Neteller, Astropay, Webmoney, FasaPay, Qiwi, Moneta, ru, Yandex, China UnionPay, Bitcoin and litecoin | 1:100 | no | no | no | no | no | no | yes | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Alvexo | 0 | https://forexexplore.com/forex-brokers/alvexo-review/ | 5000 | 3.3 | - | https://forexexplore.com/forex-brokers/alvexo-review/ | MetaTrader 4, WebTrader, Mobile | yes | yes | Cash-U, Credit Card, Webmoney, Wire Transfer | 400:1 | English, French | no | no | CySEC | yes | yes | 1 | 0 | 0 | 0 | 0 | 1 | ||||||||
| NSFX | 0 | https://forexexplore.com/forex-brokers/nsfx-review/ | 300 | 3 | https://forexexplore.com/forex-brokers/nsfx-review/ | Metatrader 4, Webtrader, NSFX Jforex platform | yes | yes | credit cards, Skrill, CashU and wire transfer | 200:1 | English, Arabic, German, Turkish and Italian | no | no | MFSA | yes | yes | no | 1 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Synergy FX | 1 | https://forexexplore.com/forex-brokers/synergyfx-reviews/ | 500 | 2 | https://forexexplore.com/forex-brokers/synergyfx-reviews/ | MetaTrader 4 | no | yes | credit cards, skrill, wire transfer | 1:500 | no | yes | ASIC, AFSL | yes | yes | yes | yes | 1 | 0 | 0 | 0 | 0 | 1 | ||||||||
| FXGrow | 0 | https://forexexplore.com/forex-brokers/fxgrow-review/ | 100 | 0.8 | - | https://forexexplore.com/forex-brokers/fxgrow-review/ | MetaTrader 4, NetStation | yes | yes | Credit/Debit cards, Skrill, Neteller, OkPay, CashU, WireTransfer | 200:1 | English | 0 | 0 | 1 | 0 | 0 | 0 | |||||||||||||
| Juno Markets | 0 | https://forexexplore.com/forex-brokers/juno-markets-review/ | 500 | 3 | - | https://forexexplore.com/forex-brokers/juno-markets-review/ | MetaTrader 4 | no | yes | neteller, skrill, credit cards, wire transfer | 1:400 | English | no | no | FinaCom | no | yes | no | 1 | 0 | 0 | 0 | 0 | 1 | |||||||
| Tickmill | 3 | https://forexexplore.com/forex-brokers/tickmill-review/ | 100 | 1.2 | - | https://forexexplore.com/forex-brokers/tickmill-review/ | MetaTrader 4, Webtrader | yes | yes | wire transfer (commission are charged), credit/debit cards, Skrill, Neteller, FasaPay, UnionPay and WebMoney | 1:500 | no | yes | FCA UK, FSA Seychelles | yes | yes | no | yes | 1 | 1 | 1 | 0 | 1 | 1 | |||||||
| TeleTrade | 0 | https://forexexplore.com/forex-brokers/teletrade-review/ | 2000 | 5 | 24% | https://forexexplore.com/forex-brokers/teletrade-review/ | MetaTrader 4, Mobile | no | yes | credit cards, Wire transfer, Neteller, Skrill | 1:200 | English, Russian | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Financika | 1 | https://forexexplore.com/forex-brokers/financika-reviews/ | 250 | 2 | https://forexexplore.com/forex-brokers/financika-reviews/ | Profit, WebProfit, MetaTrader 4 | yes | yes | credit cards, wire transfer | 200:1 | no | no | no | no | no | no | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| TenkoFX | 3 | https://forexexplore.com/forex-brokers/tenkofx-review/ | 10 | 3 | https://forexexplore.com/forex-brokers/tenkofx-review/ | MetaTrader 4, Webtrader | yes | yes | Skrill, Neteller, FasaPay, Webmoney, Yandex Money, Qiwi | 1:500 | English | no | no | International Financial Services Commission of Belize | yes | yes | no | 1 | 0 | 0 | 0 | 0 | 1 | ||||||||
| KGIeworld | 0 | https://www.forexexplore.com/forex-brokers/kgieworld-review | 1000 | 3 | - | https://www.forexexplore.com/forex-brokers/kgieworld-review | MetaTrader 4 | no | yes | Wire Transfer, Check | 1:50 | English | no | no | MAS | no | yes | no | 1 | 0 | 0 | 0 | 0 | 0 | |||||||
| Abshire-Smith | 0 | http://www.abshire-smith.com/ | 500 | 1.8 | https://www.forexexplore.com/forex-brokers/abshire-smith-reviews | Vertex fx, Metatrader 4, straticator | no | yes | CashU, Neteller, Skrill, Wire Transfer | 1:200 | no | no | FCA | yes | 1 | 0 | 1 | 0 | 0 | 0 | |||||||||||
| Alfa Financial | 0 | http://www.alfafinancials.com | 10000 | $1 plus $15 commissions | https://www.forexexplore.com/forex-brokers/alfa-financial-review | MetaTrader 4, AX1Trader | yes | yes | 1:100 | English | no | no | Central Bank UAE | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Blueberry Markets | 4 | https://www.blueberrymarkets.com | 100 | 1.5 | https://www.forexexplore.com/forex-brokers/blueberry-markets-reviews | MetaTrader 4 | no | yes | credit cards, wire transfer, POLi, Skrill | 1:500 | no | no | ASIC | yes | yes | yes | yes | 1 | 1 | 0 | 0 | 0 | 1 | ||||||||
| CIBfx | 0 | http://www.cibfx.com | 100 | 1 | https://www.forexexplore.com/forex-brokers/cibfx-review | MetaTrader 4 | yes | yes | Paypal, Skill, Credit Cards, Neteller | 1:200 | no | no | VSFC | no | yes | no | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| BlackBull Markets | 6 | https://go.blackbullmarkets.com/visit/?bta=39396&brand=blackbull | 200 | 0.8 | yes | https://www.forexexplore.com/forex-brokers/blackbull-markets-review | Metatrader 4, Metatrader 5 | yes | yes | Bank Transfer, Credit Card Payments (Visa, MasterCard), Skrill, Neteller, China Union Pay, FasaPay | 1:500 | yes | no | Financial Services Provider | yes | yes | yes | no | yes | yes | yes | 1 | 0 | 0 | 0 | 0 | 0 | ||||
| Darwinex | 0 | https://www.darwinex.com/ | 500 | 1 | https://www.forexexplore.com/forex-brokers/darwinex-review | MetaTrader 4, cTrader | yes | yes | Bank Wire, Credit Cards, UnionPay | 1:200 | no | yes | FCA | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Eightcup | 0 | https://www.eightcap.com/ | 100 | 1 | https://www.forexexplore.com/forex-brokers/eightcap-review | Metatrader 4 | no | yes | 1:500 | no | no | ASIC | yes | yes | no | yes | 1 | 1 | 0 | 0 | 1 | 1 | |||||||||
| ETX Capital | 0 | https://www.etxcapital.com/ | 100 | 1 | https://www.forexexplore.com/forex-brokers/etxcapital-review | ETX Trader Pro, Metatrader 4, ETX binary | yes | yes | credit cards, wire transfer, firopay, neteller, skrill, sofort, china unionpay | 1:200 | no | no | FCA | no | no | no | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||
| FCI Markets | 1 | http://www.fci-markets.co.uk/ | 250 | 0.2 | https://www.forexexplore.com/forex-brokers/fci-markets-reviews | Currenex, FCI NetStation, MetaTrader 4 | yes | yes | credit cards, neteller, skrill, wire transfer | 1:100 | no | yes | FCA | yes | yes | no | 1 | 1 | 0 | 0 | 0 | 0 | |||||||||
| Fortrade | 1 | https://www.fortrade.com/ | 500 | 3 | https://www.forexexplore.com/forex-brokers/fortrade-reviews | Fortrader | yes | yes | wire transfer, credit cards, skrill, neteller | 1:200 | no | no | FCA | no | no | no | yes | 1 | 0 | 0 | 0 | 0 | 0 | ||||||||
| FX Giants | 1 | https://forexexplore.com/forex-brokers/fxgiants-reviews/ | 500 | 2.2 | https://forexexplore.com/forex-brokers/fxgiants-reviews/ | MetaTrader 4 | no | yes | credit cards, neteller, paypal, skrill, unionpay, Webmoney, Wire Transfer | 1:500 | no | no | FCA | no | no | yes | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||
| FXGlobe | 1 | https://forexexplore.com/forex-brokers/fxglobe-reviews/ | 250 | 0.7 | https://forexexplore.com/forex-brokers/fxglobe-reviews/ | MetaTrader 4 | no | yes | Credit cards, Neteller, Skrill, Wire transfer | 1:500 | no | no | CySEC | yes | no | yes | 1 | 1 | 0 | 0 | 0 | 1 | |||||||||
| FXonus | 1 | https://forexexplore.com/forex-brokers/fxonus/ | 500 | 3 | https://forexexplore.com/forex-brokers/fxonus/ | MetaTrader 4 | yes | yes | Credit Cards, Skrill, Neteller, Wire Transfer, China Union Pay | 1:500 | no | no | no | yes | no | no | 0 | 1 | 0 | 0 | 0 | 1 | |||||||||
| FXoro | 1 | https://forexexplore.com/forex-brokers/fxoro-reviews/ | 200 | 3 | https://forexexplore.com/forex-brokers/fxoro-reviews/ | Metatrader 4 | no | yes | credit cards, wire transfer, skrill, neteller, ecoPayz, CashU | 1:400 | no | no | CySEC | yes | no | no | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||
| FXprimus | 1 | https://forexexplore.com/forex-brokers/fxprimus-reviews/ | 100 | 0.3 | https://forexexplore.com/forex-brokers/fxprimus-reviews/ | Metatrader 4 | no | yes | Bitcoin, China UnionPay, FasaPay, Neteller, Skrill, Wire Transfer | 1:500 | no | no | Cysec | yes | yes | yes | 1 | 1 | 0 | 0 | 0 | 1 | |||||||||
| Infinox | 1 | https://forexexplore.com/forex-brokers/infinox-reviews/ | 100 | 1.5 | https://forexexplore.com/forex-brokers/infinox-reviews/ | Metatrader 4 | no | yes | credit cards, wire transfer, skrill, neteller, china unionpay | 1:300 | no | bo | FCA UK | yes | yes | no | yes | 1 | 0 | 0 | 0 | 0 | 0 | ||||||||
| JCMFX | 1 | https://forexexplore.com/forex-brokers/jcmfx-review/ | 10 | 1.8 | https://forexexplore.com/forex-brokers/jcmfx-review/ | MetaTrader 4 | no | yes | credit cards, FasaPay, Wire Transfer, Neteller, Skrill | 1:1,000 | no | no | FSA | no | no | no | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||
| Larson&Holz | 1 | https://forexexplore.com/forex-brokers/larson-holz-review/ | 100 | 0 | https://forexexplore.com/forex-brokers/larson-holz-review/ | Metatrader 4, Web Trader | yes | yes | credit cards, wire transfer, neteller, paypal, Yandex, liqpay, alfa click, beeline, mtc, perfect money | 1:500 | no | no | FMRRC, NAFD | yes | yes | no | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||
| LCG | 1 | https://forexexplore.com/forex-brokers/lcg-reviews/ | 1 | 1.6 | https://forexexplore.com/forex-brokers/lcg-reviews/ | MetaTrader 4, LCG Trader (web-based, ECN accounts only) | yes | yes | wire transfer, debit/credit cards, Skrill | 1:500 | no | no | FCA UK | yes | yes | no | yes | 1 | 0 | 0 | 0 | 0 | 1 | ||||||||
| LMFX | 1 | https://www.lmfx.com/ | 50 | 1.8 | 100% match bonus, 15% recovery | https://www.forexexplore.com/forex-brokers/lmfx-review | Metatrader 4, Webtrader | yes | yes | credit cards, Fasapay, neteller, okpay, skrill, wire transfer | 1:1,000 | yes | no | no | yes | no | yes | yes | 0 | 0 | 0 | 0 | 0 | 1 | |||||||
| LQDFX | 1 | https://www.lqdfx.com/ | 20 | 1 | https://www.forexexplore.com/forex-brokers/lqdfx-review | MetaTrader 4, xStation | yes | yes | Wire transfer, Credit cards, Skrill, Neteller, Unipay, FasaPay, SoFort, iDeal | 1:500 | no | no | no | yes | yes | no | 0 | 0 | 0 | 0 | 0 | 1 | |||||||||
| Mahi FX | 1 | https://mahifx.com/ | 1 | 1 | https://www.forexexplore.com/forex-brokers/mahifx-reviews | Metatrader 4, MahiFX | yes | yes | wire transfer, credit cards | 1:100 | no | no | FCA UK, ASIC, FMA | no | no | no | yes | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||||
| Paxforex | 1 | https://paxforex.com/ | 10 | No deposit $7 bonus – cannot withdraw | https://www.forexexplore.com/forex-brokers/paxforex-reviews | MetaTrader 4 | no | yes | Credit cards, FasaPay, Neteller, OKPAY, Perfect Money, QIWI, Skrill, UnionPay, WebMoney, Wire Transfer | 1:500 | no | no | no | no | no | yes | 0 | 0 | 0 | 0 | 0 | 1 | |||||||||
| Pricemarkets | 1 | https://pricemarkets.com | 500 | 2.5 | https://www.forexexplore.com/forex-brokers/pricemarkets-review | MetaTrader 4 ECN, Currenex ECN, Integral FX, Liquid-x, Hotspot FX | yes | yes | wire transfer, credit cards | 1:400 | yes | no | FCA UK | yes | yes | yes | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||
| Rallytade | 1 | https://www.forexexplore.com/forex-brokers/rallytrade-review | 100 | 1.6 | https://www.forexexplore.com/forex-brokers/rallytrade-review | Metatrader 4, xStation (web-based), xSocial, xOptions | yes | yes | credit cards, neteller, skrill, Interswitch, Pocketmoni, etraszact, perfectMoney, WebMoney, VoguePay | 1;1,000 | yes | yes | FinaCOM | no | no | no | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||
| Range Markets | 1 | https://www.rangeforex.com/ | 100 | 3 | https://www.forexexplore.com/forex-brokers/range-markets-reviews | Metatrader 4 | no | yes | Neteller, Credit Cards, wire transfer | 1:500 | no | no | FSA of St. Vincent and the Grenadines | no | no | no | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||
| Rekuten Securities | 1 | https://www.forexexplore.com/forex-brokers/rakuten-reviews | 1 | 0.7 | https://www.forexexplore.com/forex-brokers/rakuten-reviews | MarketSpeed FX, Trading Station (inherited from FXCM) | yes | yes | wire transfer, checks, ATM (only for local residents) | 1:50 | no | no | SFC | no | yes | no | yes | 1 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Roboforex | 1 | http://www.roboforex.com/ | 1 | 2 | https://www.forexexplore.com/forex-brokers/roboforex-review | MetaTrader 4, cTrader | yes | yes | credit cards, QIWI wallet, webmoney, Yandex.money, RBK money, Skrill, FasaPay, CashU, Payoneer, China UnionPay, Neteller, Perfect Money | 1:500 | no | no | Cysec, IFSC, FSP, FSCL | yes | yes | no | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||
| Swissmarkets | 0 | https://www.swissmarkets.com/?campaign=1341&p1=&p2=334&p3=6m8j8j7w#signup | 200 | 1.2 | https://www.forexexplore.com/forex-brokers/swissmarkets-review | Metatrader 4, Webtrader | yes | yes | credit cards, wire transfer, neteller, skrill, iDEAL, giropay | 1:500 | no | no | CySEC, MiFID | no | yes | no | 1 | 0 | 0 | 1 | 0 | 1 | |||||||||
| Trade360 | 0 | https://www.trade360.com/ | 100 | 1.8 | 35%, $60 no deposit for real account | https://www.forexexplore.com/forex-brokers/trade360-review | Trade360 | yes | no | credit cards, skrill, neteller, wire transfer | 1:1,000 | no | no | CySEC | no | no | no | yes | yes | 1 | 0 | 0 | 0 | 0 | 1 | ||||||
| Tradersway | 1 | https://forexexplore.com/forex-brokers/traders-way-reviews/ | 0 | 1 | https://forexexplore.com/forex-brokers/traders-way-reviews/ | Metatrader 4, ctrader | yes | yes | Skrill, Neteller, Perfect Money, Webmoney, QIWI, MonetaRu, EasyPay, Boletto, CashU | 1:1,000 | no | no | no | yes | yes | no | 0 | 1 | 0 | 0 | 0 | 1 | |||||||||
| Trading212 | 1 | https://forexexplore.com/forex-brokers/trading212-review/ | 100 | 2.5 | https://forexexplore.com/forex-brokers/trading212-review/ | Trading212 | yes | no | wire transfers, credit and debit cards, PayPal, Dotpay, Giropay, SafetyPay, Carte Bleue, Mister Cash, Direct eBanking, CashU and UnionPay | 1:200 | no | no | FCA UK | no | yes | no | yes | 1 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Turnkey | 1 | https://forexexplore.com/forex-brokers/turnkey-forex-reviews/ | 5 | 2 | 100% deposit bonus; 30 days of commission-free trading; 30% rescue bonus | https://forexexplore.com/forex-brokers/turnkey-forex-reviews/ | MetaTrader 4, Trade Station | yes | yes | credit cards, wire transfer, neteller | 1:200 | yes | yes | no | yes | yes | yes | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Whaleclub | 1 | https://forexexplore.com/forex-brokers/whaleclub-reviews/ | 1 | 1 | https://forexexplore.com/forex-brokers/whaleclub-reviews/ | in-house whaleclub web platform | yes | no | bitcoin | 1:100 | no | no | no | no | no | no | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Z.com Trade | 3 | https://forexexplore.com/forex-brokers/z-com-trade-reviews/ | 1 | 1.4 | https://forexexplore.com/forex-brokers/z-com-trade-reviews/ | Z.com trader web, Z.com trader pro (demo account only) | yes | yes | credit cards, wire transfer, china unionpay, skrill | 1:200 | no | no | FCA UK | yes | yes | no | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Freshforex | 3 | https://forexexplore.com/forex-brokers/freshforex-review/ | 1 | 3 | +5% to each cryptocurrency deposit; get 300% for each deposit | https://forexexplore.com/forex-brokers/freshforex-review/ | Metatrader 4 | yes | yes | WebMoney, ePayService, Skrill , FasaPay, ADVCash, Perfect Money, Neteller, OnlineNaira NGN/USD, E-wallets for the Philippines, Visa/Mastercard/Maestro USD/EUR, Local Depositors, Bitcoin, Internet Banking | 1:1000 | no | yes | KROUFR | yes | yes | yes | yes | yes | yes | yes | yes | yes | 1 | 1 | 0 | 0 | 1 | 1 | ||
| ForexMart | 0 | https://forexexplore.com/forex-brokers/forexmart-review/ | 1 | 0.0 | $150 no deposit needed | https://forexexplore.com/forex-brokers/forexmart-review/ | Metatrader 4 | yes | yes | credit cards, Neteller, Skrill, Paypal, Paxum? Bitcoin | 1:1,000 | no | no | CySEC | no | yes | yes | yes | yes | yes | yes | yes | 1 | 0 | 0 | 0 | 0 | 1 | |||
| Pepperstone | 3 | https://forexexplore.com/forex-brokers/pepperstone-review/ | 200 | 1.2 | 100% Match Bonus | https://forexexplore.com/forex-brokers/pepperstone-review/ | Metatrader 4, Metatrader 5, cTrader, cAlgo, cMirror | yes | yes | bPay, credit cards, Paypal | 1:500 | English | yes | yes | ASIC, FCA UK | yes | yes | yes | yes | yes | yes | yes | yes | 1 | 1 | 1 | 0 | 0 | 1 | ||
| Forexee | 0 | https://forexexplore.com/forex-brokers/forexee-review/ | 50 | 0.5 plus commissions | Special trading commission $1, Welcome Bonus $15 for STP, 0% commission for deposits | https://forexexplore.com/forex-brokers/forexee-review/ | MetaTrader 4 | no | yes | Credit Cards, Webmoney, Wire Transfer, Skrill, Neteller, Bitcoin, Bitcoin Cash, litecoin, Fasapay, etherium, Payza, Perfect Money | 1:500 | English | no | no | no | yes | yes | no | yes | 0 | 1 | 0 | 0 | 0 | 1 | ||||||
| AETOS | 0 | https://forexexplore.com/forex-brokers/aetos-review/ | 250 | 2 | https://forexexplore.com/forex-brokers/aetos-review/ | MetaTrader 4 | yes | yes | Bank wire transfer, Credit cards, Debit cards, Skrill, ZOTAPAY | 1:200 | no | no | FCA UK | no | no | no | yes | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||||
| TradeFW | 3 | https://forexexplore.com/forex-brokers/tradefw-review/ | 0 | 250 | https://forexexplore.com/forex-brokers/tradefw-review/ | yes | yes | Bank wire, Credit/Debit Card. | 1:30 | no | no | Cysec | yes | yes | no | yes | 1 | 1 | 0 | 0 | 0 | 0 | |||||||||
| 1Market | 0 | https://forexexplore.com/forex-brokers/1market-review/ | 250 | 3 | https://forexexplore.com/forex-brokers/1market-review/ | Webtrader, Metatrader 5 | yes | yes | credit cards, bank wire transfers, Neteller, Skrill, Sofort, Rapid, PaySafe Card and Volt | 1:400 | no | no | Cysec | no | no | no | no | yes | 1 | 0 | 0 | 0 | 0 | 1 | |||||||
| Trade Nation | 4 | https://forexexplore.com/forex-brokers/tradenation-review/ | 1 | 0.6 | https://forexexplore.com/forex-brokers/tradenation-review/ | in-house web-based platform, Metatrader 4 MT4 | yes | yes | Credit Card, Srill | 1:30; 1:200 | English | yes | yes | FCA in the UK, the ASIC in Australia, the FSCA in South Africa and the SCB in the Bahamas | yes | 1 | 1 | 0 | 0 | 0 | 0 | ||||||||||
| PlusMarkets | 0 | https://forexexplore.com/forex-brokers/plusmarkets-review/ | 0 | 0.1 | https://forexexplore.com/forex-brokers/plusmarkets-review/ | Metatrader 4, PlusMarkets Trader | yes | yes | cards, wire transfers, and some alternative payment methods, which aren’t specified | 1:30 | no | no | CySec | no | yes | no | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||
| HonorFX | 0 | https://forexexplore.com/forex-brokers/honorfx-review/ | 100 | 0.2 | https://forexexplore.com/forex-brokers/honorfx-review/ | Metatrader 5 | no | yes | Credit Cards, Neteller, Skrill, Paypal, Bitpay, Fasapay, Perfect Money | 1:500 | FSA | yes | 1 | 0 | 1 | 0 | 0 | 1 | |||||||||||||
| Tiger Brokers | 0 | https://forexexplore.com/forex-brokers/tiger-brokers-review/ | 0 | https://forexexplore.com/forex-brokers/tiger-brokers-review/ | Tiger Trade | no | yes | Bank Wire Transfer, FAST, DDA, PayNow | Up to 4x (day trade), Up to 2x (next day) | yes | US Securities and Exchange Commission, Australian Securities & Investments Commission (ASIC) | yes | 1 | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| MarketBull | 0 | https://forexexplore.com/forex-brokers/marketbull-review/ | 1000 | 1.8 | 100% match the deposit | https://forexexplore.com/forex-brokers/marketbull-review/ | Metatrader 4 | yes | yes | Credit Cards, Neteller, Skrill, Bank Wire Transfer | 1:1000 | jurisdiction of the UK | yes | yes | yes | yes | yes | 1 | 1 | 0 | 0 | 0 | 1 | ||||||||
| CedarFX | 0 | https://forexexplore.com/forex-brokers/cedarfx-review/ | 50 | 3 | https://forexexplore.com/forex-brokers/cedarfx-review/ | MetaTrader 4 | yes | Credit Card, Bank Wire, Bitcoin | 1:500 | yes | 1 | 0 | 0 | 0 | 0 | 1 | |||||||||||||||
| GCI Trading | 0 | https://forexexplore.com/forex-brokers/gci-trading-review/ | 500 | 1 | 50% on deposit | https://forexexplore.com/forex-brokers/gci-trading-review/ | MetaTrader 4, ActTrader | yes | yes | Bank Wire Transfer, Credit Card, Neteller, Skrill | 1:400 | IFSC | yes | yes | 1 | 1 | 0 | 0 | 0 | 1 | |||||||||||
| Axi | 0 | https://forexexplore.com/forex-brokers/axitrader-review/ | 200 | 1.2 | https://forexexplore.com/forex-brokers/axitrader-review | Metatrader 4 | yes | yes | Debit and Credit Cards (Visa, Master, Maestro, JCB) Neteller Skrill/Moneybookers Global Collect (only for Australian clients) BPAY (only for Australian Clients) China Union Pay (only for Chinese residents) Bank Transfer Broker to Broker Transfer | 1:400 | no | no | ASIC, FCA, Financial Services Authority in Saint Vincent and the Grenadines | no | no | yes | 1 | 0 | 0 | 0 | 0 | 1 |
The forex companies you look for have to meet the following requirements:
- SWAP free islamic forex accounts for UAE residents
- respected regulation authority such as DFSA, FCA UK, Cysec
- segregated accounts for your trading funds (meaning that your money is kept separately from the company’s finances)
- satisfactory reviews from real forex traders from Dubai and around the globe
- various payment methods with fast deposit and withdrawal options
- low spreads and outstanding trading features
- reputable trading platform such as Metatrader 4
- high quality customer support in Arabic language via chat email and phone
Is forex trading legal in United Arab Emirates?
At the moment of the review, online currency trading is legal in the UAE! Not only it is perfectly legal, but it is extremely popular among the investors for lucrative, dynamic, young and profitable field.
The Middle East has a strong presence in the trading world, and given its enormous reserves of crude oil and other commodities, the strength of the U.S. dollar in the foreign exchange market versus local currencies can strongly affect Middle Eastern economies.
As one of the major financial centers in the Middle East, Dubai, and the other Emirates currently serve as the home base for many forex brokers and other online trading operations, including cryptocurrencies.
What is the regulation body of the forex brokers in the UAE and in Dubai?
The major regulatory authority is Central Bank of United Arab Emirates or simply CBUAE.
In Dubai there is also Dubai Financial Services Authority (DFSA), which is inner state regulator, which keeps forex trading companies in Dubai on their toes with regulations and demands.
Which broker is regulated by DFSA Dubai?
You can visit DFSA website and search for a forex trading company in question. The website will either provide you with the details information about the broker and its DFSA License number, or it will say that the brokerages does not have DFSA license. Make sure to add the name of the company correctly, otherwise you might end up with the wrong results. Not all brokers have the same name as it’s company in charge.
Can I trade Forex online in Dubai?
Forex is a market where you can trade currencies anywhere globally. So it can also be done in Dubai and it is legal. There are many forex brokers available in the forex market. You must be very cautious while choosing the broker.
How do I do Forex trading in the UAE?
To begin buying and selling in the UAE, the first step might be knowing what’s a foreign exchange, due to the fact you should have a few basic information on forex to begin foreign exchange buying and selling.
How to Choose a Forex Broker?
ForexExplore.com is here to assist you to compare and review all types of Forex Brokers. Although we have done an extensive research, you should still pay attention to the following aspects while searching for a brokerage firm:
- Is the Forex Broker regulated?
- Differences between Account types, most importantly which spreads do you get, what is the minimum deposit requirement, what are the trading features such as leverage, commissions etc.
- Currency pairs available – you do not want to limit yourself.
- Customer support is extremely important – both technical and trading.
- Great Trading Platform you want something that is easy to use, have bunch of indicators, offers technical and analytical gadgets and simple deposit withdrawal process.
