Forex Brokers in Dubai
Dubai is the heart of the Forex business in the Arab world, so it’s no surprise that a lot of Forex brokerage companies are emerging there to provide online currencies, CFD trading services, and business platforms. New brokerage firms are emerging every year and this call for increased vigilance by businesses to avoid falling prey to Forex trading scams and fraudsters. So it’s important that a cursory study of brokerage firms be made to ascertain their transparency and financial authority regulatory licenses.
This blog post mentions some of the most popular Forex brokers in Dubai.
• SWISSQUOTE BANK **Recommended***
The SwissQuote Bank is an officially registered brokerage firm whose activities are regulated by the Swiss Service for Financial Market Supervisory Authority (FINMA). They serve approximately 200,000 accounts worldwide from their offices in Switzerland, Dubai, and the UAE.
Thanks to its balanced set of assets and liabilities and transparency which is found across all its companies quoted on the stock exchange, the SwissQuote Bank provides its customers with everything necessary for an efficient and safe conduct of trade. Also, with its variety of offered assets and trading using its proprietary technologies, the SwissQuote Bank meets the individual service requirements of traders and companies.
• ADS SECURITIES **Recommended***
Ads Securities and International Financial Services Company is owned by the Abu Dhabi group and is committed to providing the finest investment opportunities for clients of the institutions in the private sector and among individuals. It also has regional offices in London and Hong Kong where it offers a unique management of wealth and assets, capital markets, and trading services by professionals in the industry.
The company has made substantial investments in private equity technology for multi-asset trading – an essential position to access to the primary sources of liquidity and assets, as well as to provide the highest quality products and services.
• AXI TRADER **Recommended***
Founded in 2008, AxiTrader (AxiCorp Financial Services Pty Ltd) is one of the largest brokerage firms in Australia and they are also a UAE-based Forex brokers licensed and regulated by Central Bank of the UAE. It is committed to providing customers with free access to current market information, direct access to multiple sources of liquidity in the currency markets, tight spreads and fast execution with minimal slippage. They also provide excellent customer support and business solutions suitable for both experts and beginners in the Forex market.
The FCA regulated company offers trading tools such as currency pairs, indices, precious metals, commodities. It also utilizes trading instruments related indices like Futures Index CFD, which the client can take advantage of, a product that combines the availability of leverage, low costs and ease of trading, as well as allows trading in rising and falling foreign exchange markets across the world.
• IG MARKETS
IG Markets is part of IG Group of companies which includes several companies that provide services related to finance a part of the holding.
IG Markets was founded in Britain in 1974 and went online since 2001. The brokerage company acts as Financial Services Authority (FSA) and is a member of the London Stock Exchange (LSE). IG Markets is represented in different regions of the world. The largest offices are located in the following countries: The UK, Germany, France, Spain, Italy, Sweden, Portugal, Australia, Netherlands, China, Japan, USA, Singapore, and South Africa. It is also among the best Forex brokers in the UAE.
IG market collaborates with individuals and legal entities. Its clients include investment managers, brokers, trading firms, as well as private investors. A key area of activity in their trade is in CFD-contracts, currency pairs, and metals.
• SAXO BANK
Saxo Bank was Founded in 1992 by Danish entrepreneurs Lars Christensen (Lars Christensen) and Kim Fournet (Kim Fournais). Initially, the company was Midas, but its name was changed to Saxo Bank in connection with Obtaining a European banking license in 2001. Det er også a UAE regulated Forex brokers.
Saxo Bank Specializes in online investeringer in international capital markets and offers its clients the mulighed trade a broad range of financial instruments: currencies, shares, CFDs, Saxo Bank Reviews futures, options and other derivatives, as well as giver trustee services.
Trading gennemføres online Using SaxoTrader program, the banks’ own innovation. Foruden SaxoTrader, Saxo Bank offers Internet program – Saxo WebTrader and Saxo MobileTrader, Allowing transactions two gennemføres through the Internet browser and from mobile phones.
• ONE FINANCIAL MARKETS
One Financial is an online CFD (Contract for Difference) broker governing the FSA (Financial Services Authority) in the UK under the number 466 201. It offers a wide variety of items of energy products, a large number of currency pairs, international stock indexes of ETFs, software’s with the lowest margin requirements and low spread and fast execution of orders.
It’s one of the easiest platforms to use and provides free access to analytical tools, news, and 24-hour support via online chat, phone or email.
One Financial market also has a low fixed spread beginning from 2 points, a Meta Trader platform, One Financial platform a Russian-speaking support and a margin requirement of 1-3.
• CITY INDEX
City Index is a subordinate of GAIN Capital Holdings. Offices are located in the UK, Singapore, China and Australia. And are found in Dubai Forex brokers list. City Index was established in 1983, offering spread betting, that is, taking bets on the price movements of financial instruments.
The company offer thousands of trading instruments including shares, currency pairs, commodities, indices, bonds, interest rates, etc. Traders can choose one of the following trading platforms: Advantage Web, AT Pro, and MetaTrader 4.
• ORIENT FINANCIAL BROKERS
Orient Financial Brokers another Dubai based Forex Broker. The company was established in 1994 licensed and regulated by Central Bank of the UAE.
OFB Most of the oldest brokerage Company in Dubai, offering service in Foreign Exchange Trading, Precious Metals CFD’s, Commodities, Stocks, Shares and Treasuries.
They are using their own platform instead of Meta trader and offering 24Hour personal assistance locally.
GKFX is a headquartered in London and is regulated regulators such as the Financial Conduct Authority and ASIC Australia. GKFX has offices across the world in 18 cities in 14 countries. They trade over 50 FX pair with low spreads from 0.6* pips and a leverage of up to 400:1. It has additional benefits of low business sizes: trade FX from 0.01 lots on micro accounts, fast execution, zero commission on standard accounts and advantaged charting features offering on MT4 platform.
• ICM Capital
ICM, an international online Forex, and CFD trading companies offer 24-hour access to a wide range of trading products, including foreign exchange, commodities, futures and indices. Through ICM Capital and the world renowned MetaTrader 4 trading platform, you can take advantage of its high liquidity, narrower spreads, mobile trading, technical analysis, and much more.
ICM Capital offers you the opportunity to trade fast, tight prices on the foreign exchange (Forex) and CFD contracts for crude oil (WTI and Brent), Indices, gold, and silver, using one of the most well-known retail trading platforms in the world, 4-in the MetaTrader.
MetaTrader 4 is a highly professional platform that not only allows you to actively trade, and it also has a robust technical analysis, charting, and modeling tools. ICM also caters to those who want to practice trading techniques and provide them with the possibilities of opening risk-free, no obligation, and free demo account. Once they are ready, they can apply for a real account.
• IFC Markets
IFC Markets company is a leading broker in the Forex market and CFD. They are continually expanding the range and quality of services, with an emphasis on the development and implementation of innovative trading approaches, which allows their customers to invest in profitable financial instruments efficiently.
A trademark owned by IFC Markets IFCM Group is the most convenient for the client DMA / STP business model without conflicts of interest.
The company aggregates quote from leading banks and liquidity providers with the best price quotations forms streams for customers. The trading terminal client makes transactions at best bid and asks prices for each financial instrument. As a result, customers’ orders are sent directly to the liquidity provider, which currently offers the best possible purchase price or sale.
• ALFA FINANCIAL
Alfa Financial offerings includes futures, forex, and CFD’s Trading worldwide as a Dubai based Forex Broker, Alfa Financial provides investors with a diverse range of products and. Alfa Financial licensed and regulated by the Central Bank U.A.E., Dubai Chamber of Commerce and Industry and the Economic Department.
• CMS FINANCIAL
CMS Financial is a licensed and regulated brokerage house based in Dubai, UAE which offers a full online trading service in global currency and commodity markets. It was founded in 2004 and has operated in the Middle East for over ten years, accumulating an extensive set of institutional and private clients.
CMS Financial is a member of DGCX (Dubai Gold & Commodities Exchange) and exchange Africa and is regulated and licensed by the Office of the Securities and Commodities in the UAE. With these associations, CMS Financial is ahead of the curve regarding the regulatory framework, pricing, trade, transparency, access to liquidity and effective risk management line.
In addition, the multicultural team of diverse background of specialties, including investment banking, M & A, private and corporate banking services, as well as a variety of international corporate senior roles management has allowed CMS Financial to succeed where others fall behind, and to create a positive experience for traders and money managers alike.