We’ve put together this list of what we feel are the best CFD brokers in United Arab Emirates for 2024. Each broker has been carefully chosen to offer a range of services and features, designed to help you choose the account that best suits your trading needs.
We will only include reputable companies on the site. Each of the CFD brokers featured here are authorised and regulated by a respected tier one international regulatory body.
Choose from our selection of the best CFD brokers in United Arab Emirates
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With a strong focus on the trading experience, industry leading technology, low costs and award-winning client support, we feel that Pepperstone is a good option for the more established high volume day trader.
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FP Markets is an established ASIC, CySEC and FSP regulated broker. They offer access to the industry leading MetaTrader platforms. There’s a copy trading service and they provide pricing directly from the market. That means fast execution and transparent pricing. A 24/7 multilingual client support service has won recognition through the highly respected Investment Trends awards.
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Capital.com’s easy-to-use platform, first-rate client support, and seamless integration with MT4 and TradingView make it a worthy contender for beginner and experienced CFD traders alike. Capital.com’s awards include ‘Best CFD Provider (2023)’ at the Online Money Awards, with the broker boasting an ‘Excellent’ Trustpilot rating. 84.01% of retail investor accounts lose money. |
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With deeper pockets to invest in their services than most brokers, IG’s platform suite and trading support tend to lead the way. IG is a good all-rounder for novice through to experienced traders and investors.
71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
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Interactive Brokers is one of the world’s leading futures brokers. They offer direct market access to a range of securities. The broker offers excellent platform stability, huge range of markets, and solid customer support. |
Choosing from the best CFD brokers in United Arab Emirates
If you’re new to trading Contract for Differences (CFDs), take advantage of our comprehensive collection of free trading resources to kick-start your journey.
When selecting the best CFD broker in United Arab Emirates, it’s important for traders to ask themselves some fundamental questions before funding an account. Let’s start with the basics – ask yourself the following questions:
- Do you require educational tools to enhance your learning?
- Can you explore the platform with a demo account before depositing funds?
- How frequently do you plan to trade, and what will be the typical duration of your transactions? What are the associated costs for trading or holding positions overnight?
- Does the broker provide access to the markets you’re interested in?
- Do you prefer Direct Market Access (DMA) to trade directly with the market, or are you comfortable trading on pricing provided by the broker?
- Is your broker regulated by a reputable tier one global authority such as FCA, SEC, ASIC, BaFIN, or a similar body?
Keep in mind that CFDs are leveraged products, which means your trades—whether winning or losing—are magnified. Even if you trade with one of the top CFD brokers in United Arab Emirates, inadequate product understanding can lead to losses. Therefore, having a solid trading strategy and understanding leverage are essential before venturing into real-money trading.
Most CFD brokers offer demo accounts, allowing traders to test their platform before committing real funds. We strongly recommend thoroughly testing your chosen platform before embarking on live trading.
Opening an Islamic account with a CFD broker in United Arab Emirates
If you’re a Muslim looking to trade with one of the top CFD brokers in the United Arab Emirates, we suggest you focus on an Islamic account that follows Shariah principles. Islamic accounts, also called swap-free accounts, are halal trading options where interest is not involved. These accounts avoid futures and forward contracts, ensuring all transactions, including transaction costs, are conducted appropriately.
We have written a short guide on whether trading is Halal or Haram which will help you to decide if trading is right for you.
