Mauritius Dubai, June 3, 2025- has quickly become a major hub for forex trading in the Middle East. With its business-friendly policies, modern infrastructure, and strong regulatory environment, it’s no surprise that traders from around the world are flocking to the UAE to open forex accounts.
But with popularity comes competition — and confusion. With dozens of brokers claiming to be the best, how do you find a forex broker you can actually trust?
This guide answers that question in depth. We’ll help you understand how to compare forex brokers in the UAE, explore the benefits of MT5 brokers in Dubai, and showcase a list of the best forex brokers in Dubai for 2025 — led by Trade247, a rising regulated broker in the region.
2. Why Dubai is a Forex Trading Hotspot
Dubai’s appeal lies in its:
- Zero personal income tax
- Regulatory stability
- Access to global financial markets
- Fast-growing digital economy
Forex trading in UAE has surged due to improved financial literacy, access to MT5 and mobile trading platforms, and increased interest from high-net-worth individuals and retail traders alike.
3. Understanding Forex Regulation in the UAE
To ensure the safety of your funds, always choose a regulated forex broker in the UAE. These are the top authorities:
- SCA (Securities and Commodities Authority)– Governs brokers operating within the UAE mainland
- DFSA (Dubai Financial Services Authority)– Oversees financial firms in the DIFC (Dubai International Financial Centre)
- FSRA (Financial Services Regulatory Authority)– Manages brokers in Abu Dhabi Global Market (ADGM)
Regulated brokers must meet strict requirements on capital, transparency, client fund protection, and fair trading practices.
⚠️ Avoid unregulated offshore brokers, no matter how attractive the leverage or bonuses appear.
4. Key Features to Look for in a Forex Broker
Here’s a checklist of what to consider when selecting a broker:
| Feature | What to Look For |
| Regulation | SCA, DFSA, FSRA, or Tier-1 licenses (FCA, ASIC) |
| Trading Platform | MT5 or MT4, with web/mobile access |
| Assets Offered | Forex, commodities, indices, crypto, stocks |
| Execution | DMA or STP for transparency and speed |
| Spreads & Commissions | Competitive, transparent pricing |
| Deposit/Withdrawal Methods | Local transfers, credit cards, e-wallets |
| Support | Multilingual customer support in UAE working hours |
| Islamic Accounts | Swap-free accounts that comply with Sharia law |
5. MT5 Brokers in Dubai – Why It Matters
MT5 (MetaTrader 5) is the go-to trading platform for UAE traders in 2025. Compared to MT4, it offers:
- More order types
- Integrated economic calendar
- Depth of market (DOM) data
- Multi-asset support (stocks, futures, crypto)
Choosing a broker with MT5 access in Dubai ensures you’re using the industry standard — whether you trade manually or use Expert Advisors (EAs).
6. Forex Broker Comparison UAE – Top 10 Brokers [2025]
Here’s a detailed comparison of 10 leading forex brokers available to traders in Dubai and the UAE.
| Rank | Broker | Regulation | Platform | Max Leverage | Asset Classes | Key Features |
| 1 | Trade247 | SCA (UAE), FSC | MT5 | 1:500 | Forex, Crypto, Indices, Commodities, Metals, Stocks | Instant deposits, no inactivity fee, Arabic support |
| 2 | ADSS | SCA | MT5 | 1:500 | Forex, CFDs, Crypto | UAE-based, strong institutional services |
| 3 | Pepperstone | DFSA, ASIC | MT4/MT5 | 1:200 | Forex, Crypto, Indices | Raw spreads, great execution speed |
| 4 | IG Markets | DFSA, FCA | MT4/ProRealTime | 1:200 | Forex, Stocks, Indices, Crypto | Educational tools, top-tier regulation |
| 5 | Saxo Bank | DFSA | SaxoTraderGO | 1:100 | Forex, ETFs, Stocks, Bonds | Premium experience, deep liquidity |
| 6 | Exness | CySEC, FSC | MT4/MT5 | 1:Unlimited | Forex, Metals, Crypto | High leverage, instant withdrawals |
| 7 | AvaTrade | FSRA, ASIC | MT4/MT5 | 1:400 | Forex, Indices, Options | Fixed spreads, solid risk tools |
| 8 | FXTM | FSC, CySEC | MT4/MT5 | 1:2000 | Forex, Commodities, Indices | Copy trading, low minimum deposit |
| 9 | XM | ASIC, CySEC | MT4/MT5 | 1:1000 | Forex, Crypto, Indices, Metals | No re-quotes, generous bonuses |
| 10 | ThinkMarkets | DFSA, FCA | MT4/MT5 | 1:500 | Forex, Stocks, Crypto | Dual regulation (UAE/UK), smart tools |
✅ Trade247 leads the list for offering a balance of regulation, competitive spreads, modern platform (MT5), and dedicated support for UAE traders.
7. Spotlight on Trade247 – Regulated, Transparent, Dubai-Based
Trade247 has quickly risen as one of the most trusted forex brokers in Dubai. Here’s why:
✅ Regulated & Safe
- Licensed by the SCA (UAE)— License No: 1419455
- Additional global regulation from FSC (Mauritius)
✅ MT5 Platform Access
- Trade forex, indices, commodities, crypto, and more
- Mobile, desktop, and web platforms
- Supports DMA executionfor fair pricing
✅ Client-Focused Accounts
- Standard & Pro accounts
- Islamic (swap-free)accounts available
- Free demo with $10,000 virtual funds (non-expiring)
✅ Fast & Transparent Operations
- Instant deposits via card or bank
- No inactivity or maintenance fees
- Multilingual support in English and Arabic
8. Tips to Avoid Forex Scams in the UAE
Even in a regulated market, scams exist. Protect yourself:
- ✅ Only trade with SCA, DFSA, or FSRA-licensed brokers
- ❌ Avoid offshore brokers offering 1:3000 leverage or huge bonuses
- ✅ Check for segregated accountsand AML compliance
- ❌ Stay away from brokers without a verifiable Dubai office
9. How to Start Forex Trading in Dubai
Here’s a quick guide to begin your journey:
- Choose a regulated broker(like Trade247)
- Register and verify your identity(passport, residency, etc.)
- Fund your account(bank transfer, card)
- Use a demo accountto test strategies
- Go livewith real money once you’re ready
- Stay informedwith economic news and risk management
10. Final Thoughts
Dubai is one of the most dynamic, fast-growing forex hubs globally — but only if you trade with the right broker.
In this guide, we’ve explored:
- The regulatory landscape in the UAE
- What makes MT5 brokers stand out
- A side-by-side forex broker comparison
- How Trade247is leading the way in 2025
Whether you’re a new trader or switching brokers, make sure to choose one that’s licensed, reliable, and offers a powerful platform like MT5.
Media info:
Website: trade247.com
Email: info@trade247.com
Address: Office 1201, Premier Business Center, Sterling Tower, 14 Poudriere Street, Port Louis, Mauritius, Port Louis, Mauritius
