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Best UAE Brokers: Traders Union Analysts’ Choice

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The UAE is a well-known financial center that attracts many traders from the neighboring countries. It combines a friendly economic atmosphere with relatively low taxes, allowing you to make a significant amount of money by trading. However, you should find a reliable broker to make the most of all these beneficial conditions. To help you out, we’ve made this Traders Union article where we’re going to tell you the basic information about the UAE market and explain which brokers are the best for novices.

About the UAE market

The United Arab Emirates has been known as a favorable location for all kinds of traders, all thanks to a combination of political stability, friendly legislation, and freedom from excessive regulations. While it seems that most investors prefer trading stocks and currencies here, you can actually find the majority of all imaginable assets here, including cryptocurrencies. The two major exchanges in the country are DFM (Dubai Financial Market) and ADX (Abu Dhabi Securities Exchange).

Many international brokers operate in the UAE, but you should find the best option that fits your skills, strategies, and experience level. All financial intermediaries are supervised by the Central Bank of the UAE, and every broker must get an official license. While that’s a sign of a legit broker, that’s definitely not enough to find the best one: you should also analyze tools, conditions, fees, and so on. But if you don’t have time for all that, we’ve made a brief list of the best UAE brokers suitable for novices.


Founded in 2009, RoboForex is one of the leading brokers in the world. It allows you to choose from a wide variety of tradable assets, including Forex pairs, ETFs, and all kinds of CFDs. You can trade with just $10, and the leverage can reach 2000:1 here. The withdrawals are notably convenient: the broker offers you several payment methods, and transactions are processed very quickly.


eToro is a widely known broker that’s especially suitable for beginners. The broker has an exceptional social trading service that can be used to earn passive income without large investments. But if you’re planning to trade on your own, this broker is also very convenient: the minimum deposit is just $50.

IC Markets

Founded in 2007, IC Markets is a reputable broker from Australia. It’s versatile, convenient, and rather well-regulated. Its minimum deposit threshold is rather high ($200), but the conditions are favorable.