7 Best Forex Brokers in Dubai for 2025

Founded in 2008, Exness is a multi-faceted global forex and CFD broker providing trading in currencies, cryptocurrencies, stocks, indices, and commodities. One of the larger brokers I have reviewed, Exness has an active client base of over 400,000 and more than 2,000 employees across Asia and Europe (according to the broker’s website). Exness has 15 years of operating history and is regulated by multiple authorities, including top-tier CySEC and the UK FCA. Retail customers are assigned to entities regulated offshore.

Regional Features:

• Dubai entity: Exness (SC) Ltd., regulated by Seychelles FSA
• Available leverage: Up to 1:2000
• Islamic accounts: Yes
• Trading platforms in Arabic: MetaTrader 4, MetaTrader 5
• Arabic version website: Yes
• Customer support in Arabic: Yes
• UAE dirham (AED) base currency: Yes

Exness offers a user-friendly Trading Terminal platform and also MetaTrader 4 and MetaTrader 5. Thanks to the intuitive proprietary platform and strong education and research materials, I judged Exness to be a suitable broker for beginners. Meanwhile, the availability of massive leverage, tight spreads, and advanced tools make it appealing to advanced traders.

Exness’s clients of different experience levels can choose between multiple account types that best match their needs – ranging from cent accounts to raw spreads accounts. Minimal swap fees and social trading capabilities are also a bonus for traders.

Plus500 was founded in 2008 and has grown to become one of the world’s leading forex and CFD brokers. Plus500 Ltd is now a FTSE 250 company listed on the London Stock Exchange (LSE). The innovative broker is licensed by multiple regulators globally, including the Dubai Financial Services Authority (DFSA).

Regional Features:

• Dubai entity: Plus500AE Ltd is authorized and regulated by the DFSA.
• Available leverage: Up to 1:30
• Islamic accounts: Yes
• Trading platforms: WebTrader, Plus500 Mobile App
• Platforms available in Arabic: WebTrader, Plus500 Mobile App
• Arabic version website: Yes
• Customer support in Arabic: Yes
• UAE Dirham (AED) base currency: Yes

Plus500 is a great choice for traders looking for an intuitive and reliable platform with a diverse range of instruments and competitive trading costs. Its flagship WebTrader platform offers advanced features, including robust charting tools and sophisticated order types.

The broker also integrates +Insights, a research tool that provides unique data on trading activity, showing what traders at Plus500 are buying and selling.

Dubai residents can access an impressive selection of 2,800+ CFDs, spanning forex, commodities, indices, global stocks, ETFs, and cryptocurrencies. Additionally, Plus500 offers comprehensive educational content, including ebooks, webinars, and platform tutorials, to support traders at all levels.

Moneta Markets was established in 2019 and is headquartered in Johannesburg, South Africa. I noted the broker’s competitive prices and wide range of tradable instruments. The spreads I recorded on instruments from every available asset class are better than the industry average. In addition, Moneta Markets’ rich offering of lower-risk securities like bonds enables the implementation of longer-term trading strategies.

Regional Features:

• Dubai entity: Moneta Markets Ltd, regulated by FSA Seychelles
• Available leverage: Up to 1:1000
• Islamic accounts: Yes
• Trading platforms available in Arabic: Pro Trader, MetaTrader 4, MetaTrader 5
• Arabic version website: Yes
• Platforms available in Arabic: Yes
• Bonuses: 50% cashback bonus

I opened a Prime ECN account with the broker, which offers raw spreads starting from 0.1 pips and a $6 round-turn commission per traded lot. I calculated that to trade a full-sized EURUSD position, it would cost me $7 (0.1 pips spread x $10 pip value + $6 commission). Given that the industry average is around $10–$11, I concluded that Moneta Markets’ fees are very low.

I was impressed by the practicality of Moneta Markets’ proprietary Pro Trader platform, which is powered by the seamless TradingView. The platform supports over 100 analytical tools and is very flexible. Price action can be easily scaled up and down, giving the trader an intricate outlook into price action behavior. The mobile app version of the platform, AppTrader, retains the same level of practicality.

Sydney, Australia-based FP Markets was founded in 2005 and has entities regulated by top-tier CySEC and ASIC. With over 800 instruments across stocks, indices, forex, commodities, and cryptocurrencies, traders can work with an exciting range of markets.

Regional Features:

• Dubai entity: FP Markets LLC, registered with FSA of St. Vincent and the Grenadines
• Available leverage: Up to 1:500
• Islamic accounts: Yes
• Trading platforms in Arabic: MetaTrader 4, MetaTrader 5, cTrader
• Customer support in Arabic: Yes
• Deposits/withdrawals in AED: Yes

FP markets’ clients can expect rock-bottom trading costs. Two main accounts are available: the commission-free Standard Account and the commission-based Raw Account with tighter spreads. In my active tests using the Standard Account, I experienced very competitive spreads – for example, as low as 14 pips in spot gold (XAU/USD).

The broker gives access to the markets via MT4/5, WebTrader, IRESS, and the proprietary FP Markets mobile app. The FP Markets mobile app is intuitive, and provides full account access, standard order types, charting with technical indicators, top-tier liquidity, and easy access to customer support.

Deposits and withdrawals are processed fast, and FP Markets does not apply any charges, even via bank wire. 24/7 customer support is available in Arabic, and clients can access swap-free Islamic accounts. My evaluation showed FP Markets to be an all-around winner, equally suitable for novice traders taking their first steps and experienced professionals looking for an edge in the market.

Founded in 2009, Vantage is an award-winning multi-asset broker headquartered in Sydney, Australia. A significant player in CFD brokerage, Vantage has over 50,000 active clients worldwide, trading forex, commodities, indices, shares, and cryptocurrencies. Entities are regulated by the top-tier ASIC and the offshore CIMA, the company undergoes regular audits, and all client funds are held in a segregated trust account.

Regional Features:

• Dubai entity: Vantage Global Limited, authorized and regulated by the VFSC
• Available leverage: Up to 1:500
• Islamic accounts: Yes
• Trading platforms in Arabic: MetaTrader 4, MetaTrader 5, TradingView ProTrader
• Arabic version website: Yes
• Customer support in Arabic: Yes

My hands-on tests revealed that Vantage has better than average CFD spreads across forex, commodities, shares, and indices. For example, I experienced spreads of 26 pips in gold and 1 pip in the Dow 30.

The Arabic version of the website (vantagemarkets.com/ar/) allows UAE residents to easily navigate the site in their native language. 24/7 support in Arabic is available via live chat, phone, and email.

Founded in 2013 and headquartered in Mauritius, FXTM has three global entities regulated by the UK FCA, Kenya’s CMA, and the FSC Mauritius. It offers over 600 CFD instruments covering forex, stock indices, commodities, cryptocurrency, share CFDs, and over 500 real US shares. The broker offers multiple trading accounts, free trading signals, and popular trading platforms, including MT4 and MT5.

Regional Features:

• Dubai entity: Exinity Limited, regulated by the FSC Mauritius
• Available leverage: Up to 1:2000
• Islamic accounts: Yes
• Trading platforms: MetaTrader 4, MetaTrader 5, FXTM Trader App
• Platforms available in Arabic: Yes
• Customer support in Arabic: Yes

FXTM clients can access the MT4 platform via desktop, web, and mobile. The desktop platform caters to advanced traders seeking automated trading functionality. The web platform is the most user-friendly and comes with useful features like one-click trading, customized watchlists, and 30 technical analysis indicators. The mobile app is also easy to use and a good option for trading on the move.

Users can also access extra MT4 add-ons from the client portal. These include extra indicators such as a pip value calculator, pivot point calculator, and spread indicators. Additionally, there are free trading signals from Acuity’s Signal Centre.

Our live test showed an average spread for EUR/USD of 1.9 pips – higher than the industry average for a commission-free account. Users can access lower spreads from 0.0 pips from the Advantage account, which has a competitive commission of 3.50 USD per lot per side, which is in line with industry standards.

AvaTrade was founded in 2006, making it an early mover in the forex and CFD industry. The Dublin-based broker has grown tremendously since then and now provides services to 400,000 traders globally. With a broad network of regulatory compliance across several international agencies, such as ASIC and CySEC, it stands as a highly trusted player in the global trading landscape.

Regional Features:

• Dubai entity: AvaTrade Middle East Ltd, regulated by Abu Dhabi FRSA
• Available leverage: Up to 1:30
• Islamic accounts: Yes
• Trading platforms available in Arabic: AvaTrade WebTrader, AvaOptions, AvaTradeGo, MetaTrader 4, MetaTrader 5
• Arabic version website: Yes
• Customer support in Arabic: Yes

I was particularly impressed by the broad range of copy trading platforms available to AvaTrade clients. The MetaTrader-compatible DupliTrade platform allows traders to automatically copy more experienced traders’ strategies in-real time. The popular ZuluTrade platform enables clients to copy top-performing traders from different brokers. Meanwhile, AvaSocial allows clients to copy and learn from traders within the AvaTrade community.

AvaTrade provides a great range of trading accounts and platforms to trade on over 1,250 instruments covering forex, stocks, indices, commodities, cryptos, and FX options. Clients can select from various accounts suitable for beginner and advanced traders, including CFD, Islamic, and Options Accounts.