Discovering the best online trading platforms UAE is no easy task. Almost all international trading platforms and brokers these days will be targeting users from UAE, but not all of these can be trusted.
So how do you find not only a list of the trusted online trading platforms UAE, but also the best trading platforms with ADGM, CBUAE, regulation or DFSA approval? This is what we will uncover in this list where we explore how to find a regulated platform, and then who is trusted amongst the best online trading platforms UAE.
Diversifying Economy In UAE is Bringing A Greater Trading Platform Landscape
Economically the UAEis now the 5th largest in the Middle East and a strong member of the GCC. There have been quite a few diversification attempts in recent periods to move UAE into a position where is less reliance on oil and energy as a GDP driver.
With energy accounting for more than 85% of GDP as recently as 2009, after these diversification strategies, this percentage now sits as low as 30%.
The diversification of industry has also managed to drive a wider spread of wealth across the population which has helped retail trading volumes. With tourism on the rise and other industries also performing well, it is of no surprise then that online trading platforms UAE have been generating more widespread use than ever.
Retail trading has increased globally in a rapid manner over the past few years and the variety of online trading platform providers UAE has done so side by side.
Want To Jump Straight To The List Of Best trading Platforms UAE?
How To Choose The Best Online Trading Platform In The UAE
Best Trading Platform UAE – Top 5 list of the best CBUAE, ADGM, and DFSA regulated
Pepperstone Is Best Trading DFSA Regulated Trading Platform
Best For : Razor execution and low spreads on a range of trading platforms including MT4/5, cTrader & TradingView. Islamic accounts are award winning for both standard and Razor account types.
MINIMUM DEPOSIT – $200
REGULATION – DFSA, FCA, CySEC, ASIC, CMA
INSTRUMENTS – FOREX, CFDs, INDICES,
SPREAD BETTING, COMMODITIES, SOCIAL TRADING
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Full Pepperstone Review
Searching for the best online trading platforms UAE, you will find many lists that include Pepperstone. This is an online broker that has grown in many regions in recent years, and it is great to see the addition of DFSA regulation and local offices for traders in the UAE, and the wider region in general.
Pepperstone Financial Services DIFC Holds The Local DFSA Licence
The entity of Pepperstone with local regulation is Pepperstone Financial Services (DIFC) Limited, and is regulated by the DFSA under license number F004356 as you can see here and below.
Despite the fact that this trading platforms UAE operations have only been more recent, Pepperstone have a history which stretches for more than 10 years and this comes with a track record of award winning operations in many Tier 1 regulated jurisdictions.
Dedicated UAE Trading Customer Support Team In Dubai
There is a dedicated customer support team in Dubai that have a good understanding of the user requirements, available on email or telephone using the contact details below.
- Pepperstone UAE customer support email : [email protected], telephone : +971 (0) 4 573 4100
Pepperstone Islamic accounts available on both standard and Razor account options, gives a low barrier to entry with a $200 minimum deposit and a demo trading account that is both easy to open and full of features.
Unless you are considering trading in cryptocurrencies where you will find the range of offered not up to par with others, there are plenty of reasons wo keep Pepperstone on your shortlist to consider.
All around, this a broker that offers online trading platforms UAE on MT4, MT5, cTrader and more recently Trading View with a commitment to choice that is definitely appreciated worldwide. If you trade on MT4 and would like to change to another trading platform, you can do the very same under the same broker and not have to change accounts and move money between them.
WHAT WE LIKE
- Spreads on Razor from 0.0
- Islamic accounts on both standard and Razor
TO IMPROVE
- More instruments
AvaTrade Is The Best CFD Trading Platform With ADGM Regulation
Best For : Globally regulated with a wealth of strong trading platforms to choose from on desktop & mobile.
MINIMUM DEPOSIT – £100
REGULATION – ADGM, CBI, FSCA, ASIC, BVI, FSC, JFSA, FRSA
INSTRUMENTS – FOREX, STOCKS (CFDs), CRYPTOCURRENCIES, COMMODITIES, OPTIONS
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Full AvaTrade Review
AvaTrade has UAE regulation with the ADGM, listed under Ava Trade Middle East Ltd with Financial Regulatory Services Authority (FRSA) (No.190018) which can verified directly or below.
This is one of the best regulated global online trading platforms, with regulations stretching practically across the globe in every area that the platform and broker is available.
AvaTrade Middle East Ltd Holds ADGM Regulation
You can see the AvaTrade UAE regulation below also features the telephone number if you are looking to get hold of them on the phone. You can reach the broker locally on +97145866596.
When trading on mobile app, AvaTrade Go deliver a great platform that has won many awards and shows AvaTrade as an innovator in the online trading platform space. The range of platforms offered are all feature rich, and ‘AvaProtect’ delivers for users a pretty unique feature that can balance risk. As usual we dig into the details more in the full AvaTrade review.
There are a wide range of instruments that can be traded from Forex, CFDs, stocks, options, indices, and commodities all in one trading platform. All this can be traded in the AvaTrade Islamic Account also, with details of which can be found by going through the link. AvaTrade Minimum deposit is just $100 which provides a low level of entry into online trading in UAE.
WHAT WE LIKE
- AvaTrade Go app
- Feature rich platforms
- Good instrument range
TO IMPROVE
- Spreads
XTB Have The Best Trading Platform In UAE With xStation5
Best For : Potentially the best trading platform in xStation 5, supported with an excellent educational resource section and commission free stock trading.
MINIMUM DEPOSIT –$£250
REGULATION – DFSA, FCA, CySEC, KNF, IFSC
INSTRUMENTS – FOREX, STOCKS (CFDs), COMMODITIES, INDICES, ETF, CRYPTO
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Full XTB Review
XTB is an online trading platform UAE that is a newer player in the Country despite having a strong global profile over the previous 15 years. XTB Mena limited is the entity that has recently acquired regulation with DFSA but this makes XTB a serious player now in the rankings for the best online trading platforms UAE. You can see the screen of the regulation below or directly with the DIFC.
xStation 5 trading platform is a feature rich and innovative platform that brings a user friendly approach to trading that has won awards in all areas of the world. Spreads are competitive, the Islamic account option is strong and all around this is a great trading platform.
Traders in UAE will be happy to know that XTB have a great level of care towards the development of traders, with a huge range of educational resources available. It is this commitment to delivering resources to users regardless of their level or experience that adds a little extra value to the whole offer of XTB and helps them maintain a place in the best online trading platforms UAE.
WHAT WE LIKE
- Spreads from 0.35
- Intuitive and feature rich trading platform
- Commission free stocks and crypto trading
TO IMPROVE
- Real stocks and crypto would be a nice addition
IG Offer The Best Range Of Instruments For Online Trading In UAE
Best For : Excellent all-around platform with wide range of listed instruments. Vanilla options and spread betting rare to find.
MINIMUM DEPOSIT – $50
REGULATION – DFSA, FCA, CySEC, ASIC, MAS, FSCA, BaFIN, FINMA
INSTRUMENTS – FOREX, CFDs, STOCKS, OPTIONS, SPREAD-BETTING
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WHAT WE LIKE
- Spreads on Razor from 0.0
- Great range of platforms
- Execution and reliability are strong
TO IMPROVE
- More instruments would be a good addition
Admiral Markets Has Low Spreads & Great Instrument Range
MINIMUM DEPOSIT – $100
REGULATION – JSC, FCA, CySEC, ASIC, EFSA
INSTRUMENTS – FOREX, CFDs, STOCKS, INDICES, ETFs, COMMODITIES
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Full Admiral Markets Review
Best For : Large range of tradeable instruments, complete with excellent spreads. Whilst regulation is from Jordan and the JSC rather than UAE or DFSA, this is a regulated broker that deserves an honorary mention for its’ excellent track record and award winning history.
If you are looking for online trading platforms UAE, then Admiral Markets is still in the running for the best overall based on its’ regional position and attention. Whilst we have decided not to place them right at the top due to the regulatory difference, this is still a platform that absolutely deserves inclusion, and if you are trading in the GCC are one of the best around. Regional commitment is shown by the acquisition of JSC regulation for the broker, seeing as this comes with a cost ranging in the millions of USD.
From a customer support perspective, Admiral Markets have Arabic language options, along with the customary English which is certainly helpful. There is currently a user review rating of 80% excellence on Trustpilot, with an overall score of 4.6 out of 5. We have found in our experience the level of availability of the Admiral Markets support team to be very good.
The variety of instruments, along with the trading platforms offered are very strong. This is one of the best MT5 or MT5 brokers available and have a newly introduced copy trading feature that is performing really well with user reviews across multiple regions. Add to this the commission free stock trading and ETFs, and this is a really well rounded instrument offer that would cater for most of our trading needs under one roof.
Wrapping up with an award winning Islamic Account, and it is clear to see why Admiral Markets is one of the best trading online trading platforms UAE, and globally for that matter!
WHAT WE LIKE
- Strong Islamic Account options
- Great range of instruments to trade
- Commission free stock trading
TO IMPROVE
- No proprietary app so far for mobile trading
How to pick the best online trading platforms UAE – our rating guidelines
You will see below the list of criteria we are using to identify the best online trading platform UAE has to offer. Whilst you may disagree with certain topics of importance, these are those that seem most sought after from our users.
Regulatory Framework
User Experience
Trusted Platform Quality
International Languages
Trading Education
Competitive Deposit Levels
Low Spreads
Islamic Accounts
Instrument Range
Trade Execution Speed
Reliability
Trading Features
To find which can be trusted, we firstly run the rule over the regulatory framework of the platform and the underlying broker. To be amongst the best online trading platforms UAE, you definitely need to be authorized to market your services here.
Once regulation has been confirmed, which we will do by verifying license numbers with the CBUAE, ADGM or DFSA, we will then look at user experiences and feedback from many other review sites to gauge the feeling of those that have used the best online trading platforms UAE.
After having confirmed that the UAE trading platform can be trusted (as much as possible), we will then move on to separating the best online trading platforms UAE from the rest. This will be done using the following criteria as main focus points, with the aforementioned user feedback also playing a big role in the list.
Barrier to entry should be low. This means that the best online trading platforms UAE should have a low minimum deposit and a high level of trading education provided.
It is also of paramount importance that the best online trading platforms UAE have low ongoing fees, and low spreads. It cannot be that you rank amongst the best without a trading model that provides the lowest fees and lowest cost ongoing for your clients. After all, why pay more for the same service if you dont have to!
There will need to be a solid range of Islamic accounts if you are to compete amongst the best online trading platforms UAE, where more than 75% of the native population are Muslim. We will also need to see a high level of customer support that is delivered locally.
Whilst the population of the UAE is more than 10million, the native population is in the region of 1.4million and as such, multiple International languages are required to support the wider populous of the Country. It is most essential that Arabic support is provided for the native UAE residents, with English the most widely used amongst the expatriate population.
When we dig into the quality of the best online trading platforms UAE themselves, we are drawn to consider the execution speed, the reliability, as well as the trading features which are provided as standard.
As a trader of multiple different instruments, it is important the range of instruments offered by the trading platform, as one cannot be the best without supporting the markets that the user really wants to trade. It is no good offering the best umbrellas in a country that requires sunglasses, in the same way it is no use offering the best crypto trading platform if the users only want to trade CFDs.
Once we have whittled down the list to the very best in each category, we will put this together into this simple short list of best online trading platforms UAE below that can form the baseline of your decision. If you have similar needs in a trading platform as the majority of those in UAE, it is worth checking out those that hit the top of this list above!