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Best Forex Brokers in UAE 2026

The UAE is a rapidly growing forex trading hub, with the Dubai Financial Services Authority (DFSA) and Securities and Commodities Authority (SCA) overseeing broker operations. Many international brokers hold DFSA licenses, making the UAE one of the most accessible forex markets in the Middle East.

Regulators

DFSA, SCA

Max Leverage

1:500

Brokers Reviewed

11

Trust stack

Trust metadata for UAE broker coverage

This country shortlist is built from review data, local regulatory context, and the editorial standards linked below.

Updated
May 3, 2026
Methodology
Methodology
Corrections / contact
Corrections / Contact

Is Forex Trading Legal in UAE?

Forex trading is fully legal and regulated in the UAE. Brokers must be licensed by DFSA (for DIFC-based firms) or SCA for the broader UAE market.

Islamic (swap-free) accounts are widely available. The DFSA maintains high regulatory standards comparable to top-tier jurisdictions.

Top 11 Brokers for UAE Traders

Quick comparison of the top 5 brokers available to UAE traders.
Feature
Saxo Bank
Saxo Bank
Overall 9.0/10
Pepperstone
Pepperstone
Overall 8.5/10
Axi
Axi
Overall 8.0/10
Multibank Group
Multibank Group
Overall 8.0/10
Equiti
Equiti
Overall 7.8/10
Overall Score
9.0/10
8.5/10
8.0/10
8.0/10
7.8/10
Spreads From
0.4 pips
0.0 pips
0.0 pips
0.0 pips
0.0 pips
Min Deposit
Lower is better
$2000
$0
$0
$50
$500
Platforms
SaxoTraderGO, SaxoTraderPRO
MT4, MT5, cTrader, TradingView
MT4, Axi Copy Trading App
MT4, MT5, Multibank Pro
MT4, MT5
Regulation
FCA, DFSA, MAS
ASIC, FCA, CySEC, DFSA, SCB
ASIC, FCA, DFSA
ASIC, BaFin, DFSA, CIMA
DFSA, CySEC, FCA
Markets
72,000+
1,200+
300+
1,000+
400+
#1
S

Saxo Bank

Est. 1992 · Copenhagen, Denmark

FCADFSAMAS
9.0
Overall Score

Min Deposit

$2000

Spreads From

0.4 pips

Leverage

1:200

Instruments

72,000

#2
P

Pepperstone

Est. 2010 · Melbourne, Australia

ASICFCACySECDFSASCB
8.5
Overall Score

Min Deposit

$0

Spreads From

0.0 pips

Leverage

1:500

Instruments

1,200

#3
A

Axi

Est. 2007 · Sydney, Australia

ASICFCADFSA
8.0
Overall Score

Min Deposit

$0

Spreads From

0.0 pips

Leverage

1:500

Instruments

300

#4
M

Multibank Group

Est. 2005 · Dubai, UAE

ASICBaFinDFSACIMA
8.0
Overall Score

Min Deposit

$50

Spreads From

0.0 pips

Leverage

1:500

Instruments

1,000

#5
E

Equiti

Est. 2008 · Dubai, UAE

DFSACySECFCA
7.8
Overall Score

Min Deposit

$500

Spreads From

0.0 pips

Leverage

1:500

Instruments

400

#6
C

CFI Financial

Est. 1998 · Limassol, Cyprus

CySECDFSAFSAFCA
7.8
Overall Score

Min Deposit

$100

Spreads From

0.8 pips

Leverage

1:500

Instruments

300

#7
M

M4Markets

Est. 2019 · Limassol, Cyprus

CySECDFSAFSA
7.6
Overall Score

Min Deposit

$100

Spreads From

0.1 pips

Leverage

1:30

Instruments

200

#8
A

Accuindex

Est. 2019 · Limassol, Cyprus

CySECSCAFSA (Mauritius)
7.4
Overall Score

Min Deposit

$100

Spreads From

0.6 pips

Leverage

1:500

Instruments

200

#9
C

Century Financial

Est. 1989 · Dubai, UAE

SCA
7.3
Overall Score

Min Deposit

$500

Spreads From

1.0 pips

Leverage

1:200

Instruments

500

#10
E

Emirates NBD Securities

Est. 2000 · Dubai, UAE

SCADFSA
7.2
Overall Score

Min Deposit

$1000

Spreads From

1.2 pips

Leverage

1:20

Instruments

1,000

#11
F

FAB Securities

Est. 1985 · Abu Dhabi, UAE

SCA
7.1
Overall Score

Min Deposit

$2000

Spreads From

1.5 pips

Leverage

1:10

Instruments

800

Tips for UAE Traders

💡

Look for DFSA-regulated brokers for maximum protection

💡

Islamic swap-free accounts are standard offerings

💡

Verify broker SCA registration on the official SCA website

💡

Consider brokers with local AED deposit options

More broker shortlists for UAE

These country-specific pages reuse the same market context, but narrow the shortlist by platform, trading style, or a tighter search intent.

Live PSEO pages: 12

Best CFD Brokers in UAE

pilot

Country-specific cfd shortlist for UAE traders.

Best cTrader Brokers in UAE

pilot

This UAE cTrader pilot favors brokers with real cTrader support plus enough regulatory credibility for Gulf-based retail traders.

Best Forex Brokers in UAE

pilot

This UAE shortlist favors brokers with strong review scores, credible regulation, and enough platform depth for active retail traders in the Gulf.

Best High-Leverage MT4 Brokers in UAE

pilot

This UAE combo pilot is for traders who still use MT4 but want more leverage flexibility without drifting into weak broker choices.

Best High-Leverage MT5 Brokers in UAE

pilot

This UAE combo pilot is for traders who want MT5 plus stronger leverage flexibility, without losing sight of broker quality and platform depth.

Best High-Leverage Scalping Brokers in UAE

pilot

This UAE combo pilot is for active traders who want stronger leverage flexibility, but still care about pricing, platforms, and regulatory credibility.

Best Low-Spread MT4 Brokers in UAE

pilot

This UAE combo pilot favors MT4 brokers that still pair platform familiarity with sharper pricing and credible broker quality.

Best Low-Spread MT5 Brokers in UAE

pilot

This UAE combo pilot targets traders who want MT5 access with stronger pricing quality, not just a generic high-choice platform list.

Best MT4 Brokers in UAE

pilot

Country-specific mt4 shortlist for UAE traders.

Best MT5 Brokers in UAE

pilot

This UAE MT5 pilot favors brokers that combine credible regulation, platform depth, and enough market range for active multi-asset traders.

Best Scalping Brokers in UAE

pilot

This UAE scalping pilot favors brokers that combine competitive trading costs with practical regulator fit for active traders in the Gulf.

Best Swing Trading Brokers in UAE

pilot

Country-specific swing trading shortlist for UAE traders.

Frequently Asked Questions

Is forex trading legal in the UAE?

Yes, forex trading is fully legal. Brokers must be authorized by the DFSA or SCA.

What leverage is available in the UAE?

Leverage up to 1:500 is available with many brokers, though DFSA-regulated firms may have lower limits for retail clients.

Are Islamic accounts available?

Yes, nearly all major brokers offer swap-free Islamic accounts for UAE traders.

Read the full reviews for the brokers available in UAE

This country page is the shortlist. The individual reviews are where you can check platform details, withdrawal terms, regulation, and who each broker suits best before you choose.

Saxo Bank review

Saxo Bank is a premium licensed bank offering 72,000+ instruments, award-winning proprietary platforms, and top-tier FCA/DFSA/MAS regulation.

Entity note: Saxo Bank shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
FCADFSASpreads 0.4 pipsMin deposit $2000

Pepperstone review

Pepperstone offers raw spreads from 0.0 pips, four platform choices, and strong ASIC/FCA regulation with no minimum deposit requirement.

Entity note: Pepperstone looks strong on regulation, but the exact protections still depend on whether you land in its UK, Australia, EU, or offshore stack.

Read review →
ASICFCASpreads 0.0 pipsMin deposit $0

Axi review

Axi is a triple-regulated broker with no minimum deposit, raw ECN spreads, and built-in copy trading backed by ASIC, FCA, and DFSA oversight.

Entity note: Axi shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
ASICFCASpreads 0.0 pipsMin deposit $0

Multibank Group review

Multibank Group is a multi-regulated broker with ASIC and BaFin licenses, offering ECN execution, raw spreads, and a daily trading volume exceeding $1 billion.

Entity note: Multibank Group shows 4 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
ASICBaFinSpreads 0.0 pipsMin deposit $50

Equiti review

Equiti is a DFSA and FCA-regulated broker with a strong focus on the MENA region, offering raw spreads, institutional accounts, and multilingual Arabic support.

Entity note: Equiti shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
DFSACySECSpreads 0.0 pipsMin deposit $500

CFI Financial review

CFI Financial has operated since 1998 and offers TradingView integration, multi-jurisdiction regulation, and deep MENA expertise across 300+ instruments.

Entity note: CFI Financial shows 4 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECDFSASpreads 0.8 pipsMin deposit $100

M4Markets review

M4Markets is a multi-regulated CFD broker that leans on cTrader, a $100 entry point, and retail protections such as segregated accounts and negative balance protection.

Entity note: M4Markets shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECDFSASpreads 0.1 pipsMin deposit $100

Accuindex review

Accuindex is a CySEC and SCA-regulated broker targeting MENA traders, featuring built-in AccuConnect copy trading, the AccuGo mobile app, and AccuPay payment solution.

Entity note: Accuindex shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECSCASpreads 0.6 pipsMin deposit $100

Century Financial review

Century Financial is one of the UAE's oldest financial firms (est. 1989), SCA-regulated with multi-asset access including forex CFDs, stocks, bonds, and mutual funds.

Entity note: Century Financial shows 1 regulator in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
SCASpreads 1.0 pipsMin deposit $500

Emirates NBD Securities review

Emirates NBD Securities is the brokerage arm of Emirates NBD bank, offering SCA and DFSA-regulated access to UAE stocks, global equities, bonds, and funds.

Entity note: Emirates NBD Securities shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
SCADFSASpreads 1.2 pipsMin deposit $1000

FAB Securities review

FAB Securities is the brokerage arm of First Abu Dhabi Bank, the UAE's largest bank by assets, providing SCA-regulated access to UAE and international investments.

Entity note: FAB Securities shows 1 regulator in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
SCASpreads 1.5 pipsMin deposit $2000