Selecting the best trading platforms in the United Arab Emirates can be overwhelming for first-time investors. There are so many choices, all of which come with unique features and different fees.

To make the selection process easier, we’ve done the research and reviewed some of the best online trading platforms in the UAE, and provided a guide on choosing the broker/exchange best suited to an individual investor’s needs. Let’s dive in.

The 10 Best Trading Platforms in UAE

We’ve analyzed some of the best trading platforms in UAE with these online platforms consistently ranking the highest:

  • Capital.comOverall Best Trading platform in UAE
  • eToroGreat Alternative Trading Platform
  • Crypto.comBuy and Sell Crypto with Low Fees
  • KrakenSecure Platform for Crypto Trading
  • AvaTrade – Well-Rounded Platform for Trading Stocks
  • Binance – Trade Over 600 Crypto Assets
  • Libertex – Award-Winning Trading Platform
  • Forex.com – Powerful Forex Trading Platform
  • XTB – Excellent High Volume Trading Platform
  • BitOasis – Trade Crypto in the MENA Region

Best UAE Trading Platforms Reviewed 

Due to the sheer amount of options, finding the best trading platform in UAE can be difficult. However, we’ve done the leg-work and reviewed the top 10 platforms in the UAE for trading forex, stocks, crypto, and more.

1. Capital.com – Overall Best Trading platform in UAEcapital.com logo - Best crypto apps in India

Founded in 2016, Capital.com is a worldwide broker regulated by several leading authoritative bodies including, the FCA, CySEC, and ASIC.

Capital.com has implemented some impressive features to protect its users. The market-leading broker is fully compliant with PCI Data Security Standards meaning client information is encrypted through Transport Layer Security. Furthermore, clients benefit from negative balance protection and margin closeouts, ensuring it’s impossible to lose more than what was initially invested.

Capital.com

To ensure it remains competitive, Capital.com offers commission-free trading and no withdrawal/deposit fees. Instead, Capital.com charges a spread fee that’s already factored into the cost of an asset. There are some overnight fees, but only for leveraged positions.

Stocks, commodities, and Forex are all available to trade on Capital.com, with the platform missing only cryptocurrency. Capital.com’s Investmate app is a phenomenal educational resource that goes a long way to helping beginners learn to trade. If that wasn’t enough, Capital.com is a compatible MT4 trading platform, meaning traders have access to every major indicator.

Capital.com is a great choice for anyone wanting to trade traditional financial markets. It’s well-designed and fairly easy to get accustomed to, therefore beginners will have little minimal trouble when they first use the platform. Furthermore, it has a team dedicated to market research and analysis so clients of the broker will always be able to make well-informed decisions. With its plethora of market research and low fees, Capital.com is perhaps the best stock trading platform out there.

Ever wondered what the best forex broker in the UAE is? Avid forex traders may be pleased to learn that Capital.com is one of the top forex trading platforms in the UAE.

What We Like:

  • Investmate
  • MetaTrader support
  • Client information secure
  • Commission-free
Available Assets Pricing System Minimum Deposit Top 3 Features
5000+ stocks, 138 currency pairs, 46 commodities Commission-free, spread based $20 MetaTrader support

Investmate

Commission-free trading

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

2. eToro – Great Alternative Trading Platform

eToro was launched in 2007 and has since grown to serve over 27 million users around the world.  With over 70 cryptocurrencies, 49 currencies, and nearly 3000 stocks, eToro is packed full of assets primed for investment.

As a regulated broker, eToro takes great care to protect its customers. It obscures all sensitive information using SSL encryption before it leaves the client’s device, preventing attackers from intercepting any data. Cold storage is used to keep assets secure and eToro users have the option to set up 2-factor authentication as a safety measure.

eToro uses a transparent fee structure that’s fair to all investors. Crypto-assets have a flat 1% trading fee (in addition to spread). Stocks are zero commission, and CFDs have variable spreads. Residents of the UAE can deposit as little as $50, so eToro is a very affordable platform.

With its range of educational material and copy trading features designed to help users learn new trading strategies, it is one of the best trading platforms for beginners. On top of its beginner-centric features, eToro also offers an Islamic account with access to leverage and charting tools, making it a great choice for Islamic investors.

All  in all, eToro is a very strong platform with features that will appeal to investors of all experience levels. It has all major asset classes so it’s the best trading platform in UAE for anyone wanting to trade a large variety of assets.

What We Like:

  • Wide range of financial assets and instruments
  • CopyTrading
  • Simple to use
  • Cost-effective
  • Low minimum deposit
Available Assets Pricing System Minimum Deposit Top 3 Features
73 cryptos, 49 currencies, 2950+ stocks Commission-free stocks, 1% crypto-assets $50 Low Fees

Copy Trading

Islamic Account

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

3. Crypto.com – Buy and Sell Crypto with Low Feescrypto.com logo

With more than 50 million users around the world, cryptocurrency specialist Crypto.com is one of the largest trading platforms in the world. It’s a dedicated crypto exchange with 250+ altcoins so there are plenty of potential investments to choose between.

Security on Crypto.com is excellent. 100% of client funds are kept offline in cold storage, with only corporate funds used to keep the platform running kept in internet-connected wallets. Furthermore, all transactions are protected using multi-factor authentication (biometric, password, authenticator, etc), making it extremely difficult for an attacker to perform an account takeover.

crypto.com review

It’s fairly cheap to buy and sell on Crypto.com. It charges just 0.4% in trading fees, meaning investors won’t be left wondering where the rest of their assets have gone. However, purchases using debit/credit cards do still incur some steep charges – a 2.99% fee.

The platform is well-designed but can be slightly confusing at first as the Crypto.com app and exchange act as two separate platforms. Therefore, investors have to manually transfer funds when wanting to use the other platform. Although the Crypto.com app has only basic trading features, the exchange has a good range of order types and charting tools, making it one of the best trading apps in UAE when it comes to crypto.

What We Like:

  • Low trading fees
  • Great security
  • Tons of assets
  • Plenty of order types
Available Assets Pricing System Minimum Deposit Top 3 Features
230+ 0.4% trading fees $20 100% of funds in cold storage

Multi-factor authenication

Crypto.com exchange

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

4. Kraken – Secure Platform for Crypto Trading

Kraken is a well-designed crypto & FX exchange with a clear focus on client safety. It was founded in 2011 and is now home to more than 9 million clients spread over 190+ countries.

To keep clients safe, Kraken adheres to strict security principles. 95% of client funds are stored in cold storage and the Kraken serves are locked in secure cages with 24/7 armed guard surveillance. On top of that, Kraken has made 2FA more secure by disallowing SMS verification (which can be spoofed) and sticking to dedicated authenticators like Authy.

Unfortunately, fees on Kraken are above the industry standard with a 1.5% fee imposed on any crypto or FX purchase and 0.9% on stablecoins. On top of its high trading fees, Kraken charges a credit/debit card processing fee of 3.75% + $0.25.

Kraken is a solid platform for trading crypto or forex. While fees are high, the additional security measures will likely be worthwhile to some investors. Therefore, we recommend Kraken for security-conscious traders.

What We Like:

  • Great Security
  • Secure 2FA
  • FX trading
Available Assets Pricing System Minimum Deposit Top 3 Features
100+ 1.5% $10 Easy purchases

FX trading

2FA

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

5. Avatrade – Well-Rounded Platform for Trading Stocks AvaTrade logo

AvaTrade is a well-known broker that was originally founded in 2006 under the name ‘AvaFX’. Since then, the company has rebranded to AvaTrade and added support for a range of markets outside of forex.

AvaTrade has stated they are ‘dedicated to the safety of your funds’ and as such have implemented a range of advanced security features. 256-bit SSL encryption is implemented across the site, in addition to McAfee Secure being used to protect credit/debit card details.

AvaTrade review

Although AvaTrade does not charge any commission-free, they instead use a variable spread system so it’s worth checking ahead of time how far above market price an asset is before trading it.

While AvaTrade lacks the numberof assets offered by some of the other platforms we’ve discussed, it’s one of the best MT4 trading platforms that provides its clients with a well-rounded, feature-rich trading experience.

What We Like:

  • 256-bit SSL encryption
  • McAfee Secure
  • MT4 compatable
Available Assets Pricing System Minimum Deposit Top 3 Features
1260 Variable Spread $100 Multiple markets

Commission-free trading

Excellent design

6. Binance – Trade Over 600 Crypto Assets binance logo

Binance is one of the best crypto exchanges in UAE. With more than 90 million users around the world, Binance is a true trading titan. It’s one of the best cryptocurrency trading platforms with over 600 assets, meaning there will always be ample opportunity.

Binance is unfortunately rather un-transparent in regards to its security measures. Although it’s understandable, it’s always preferable how an exchange is protecting its investors. Binance’s incredibly low 0.1% trading fees do help make up for its secrecy, but at 1.85% its credit/debit card fees are higher than most platforms we’ve looked at.

binance review

As you’d expect from the world’s largest crypto exchange (by volume), Binance is equipped with a plethora of trading features including order types and advanced charting tools courtesy of TradingView. There’s even a dedicated marketplace for NFT enthusiasts.

For cryptocurrency, Binance is easily one of the best trading apps in UAE. It’s got everything you’d expect from a market-leading exchange, plus more. The only drawback is that Binance is exclusively a cryptocurrency trading platform, so investors looking to trade multiple asset classes on a single platform would be better served by an all-in-one broker like eToro.

What We Like:

  • 600+ assets
  • Low fees
  • TradingView integration
Available Assets Pricing System Minimum Deposit Top 3 Features
600+ 1% $50 recommended NFT marketplace

Tons of assets

Great trading tools

7. Libertex – Award-Winning Trading Platformlibertex logo

Operating since 1997, Libertex has over 2 million clients and 25 years of experience as a broker. It offers a wide variety of assets including cryptocurrency, stocks, commodities, and forex.

As you’d expect from a broker with years of experience, Libertex is regulated and adheres to strict regulations surrounding the segregation of client funds and protection of customer information. Fees on Libertex are reasonable.

libertex homepage

The broker doesn’t charge spread fees, instead, sticking to a commission-based structure. Fees vary greatly between assets but will tend to come in between 0.008% and 2.5%. There are tons of payment methods available on Libertex, all of which are free. There are too many to list but some of the most commonly used include bank transfers, e-wallets (PayPal, Skrill), and credit/debit cards. With access to every financial market and the option to create an Islamic account, Libertex is one of the best trading platforms in UAE.

What We Like:

  • 25 years of experience
  • Islamic account
  • Free deposits
Available Assets Pricing System Minimum Deposit Top 3 Features
250+ 0.1-0.2% for stocks, 0.47-2.5% for crypto $10 Islamic account

Range of assets

Loads of payment methods

8. Forex.com – Powerful Forex Trading Platform

Founded in 2001, Forex.com has grown to support a variety of asset classes outside of its namesake including stocks, crypto, and commodities.

Forex.com is part of the Stonex group, a publicly-traded company. Because of this, Forex.com is regularly audited and has to comply with strict regulations surrounding consumer protection. on top of that, Forex.com keeps all client funds segregated from its own, and never uses customer funds for hedging.

forex.com

Forex.com only charges commission fees on CFD trades, meaning for the majority of transactions only spread fees will be charged.

As expected from a platform called ‘Forex.com’ it’s one of the best forex trading platforms out there. With MT4 support and tons of built-in charting tools, technical indicators, and fast order execution, it’s great for technical traders. Furthermore, its highly completive fee structure makes it a great low-cost platform.

What We Like:

  • MT4 support
  • Commission-free trading
  • Publicly traded
Available Assets Pricing System Minimum Deposit Top 3 Features
5500 Variable spread + variable commission on CFD trades $100 Range of markets

Lightning-fast trade execution

Charting tools

9. XTB – Excellent High Volume Trading Platformxtb logo

Founded in 2002, XTB is a Poland-based broker that offers low-cost CFD trading. It’s regulated in the UAE by the Dubai Financial Services Authority (DFSA), meaning it’s extremely secure.

In terms of security, XTB isn’t revolutionary, but it’s still secure. The platform has integrated industry-standard techniques like the segregation of funds to keep clients safe. However, it’s also traded on the Warsaw stock exchange, meaning like Forex.com, it’s frequently regulated and the company’s financials are public knowledge.

XTB homepage

Fees on XTB are low at just 0.008%, but with an $8 minimum, the platform isn’t great for low-volume traders. For the most part, deposits are free or low-cost, however, funding with a debit/credit card will cost an additional 2%.

It’s a great publicly traded exchange and the best online trading platform in UAE for high-volume traders. It’s got a solid track record and regular audits provide an extra layer of customer protection.

What We Like:

  • Publicly traded
  • Low fees
  • Long track record
Available Assets Pricing System Minimum Deposit Top 3 Features
2100 0.08% ($8 minimum) $20 Extremely low-cost trades

Variety of instruments

Educational material

10. BitOasis – Trade Crypto in the MENA Regionbitoasis review

BitOasis is a crypto exchange dedicated to serving the Middle East and North Africa (MENA). It was founded in 2015 and has grown to support over 100,000 users. Despite operating throughout the MENA region, AED is the platform’s default currency and is used for all purchases.

BitOasis follows the highest security standards and uses cold storage to keep client funds secured and safe from digital attacks. Furthermore, BitOasis uses a third party company called BitGo to keep control over clients private keys, meaning even BitOasis themselves cannot access customer funds in bad faith.

bitoasis review

With reasonable fees at just 0.48% for taker orders and 0.24% for maker orders, BitOasis is a cost-effective way to buy crypto using AED.

For investors based in the MENA region, BitOasis is a pretty good option. It’s secure, cheap, and user-friendly. However, its lack of fiat options (AED only) does leave something to be desired.

What We Like:

  • MENA-based
  • 3rd party key protection
  • Low fees
Available Assets Pricing System Minimum Deposit Top 3 Features
15 0.24% Maker 0.48% Taker $10 Cheap

AED support

Simple to use

Top Trading Platforms UAE Compared 

It can be difficult to determine the best stock trading platforms just by looking at reviews. So, we’ve included this easy-reference guide to make picking the number one platform a breeze.

Platform Available Assets Pricing System Minimum Deposit Top 3 Features
Capital.com 5000+ stocks, 138 currency pairs, 46 commodities Commission-free, spread based $20 MetaTrader support

Investmate

Commission-free trading

eToro 73 cryptos, 49 currencies, 2950+ stocks Commission-free stocks, 1% crypto-assets $50 Low Fees

Copy Trading

Islamic Account

Crypto.com 230+ 0.4% trading fees $20 100% of funds in cold storage

Multi-factor authentication

Crypto.com exchange

Kraken 100+ 1.5% $10 Easy purchases

FX trading

2FA

AvaTrade 1260 Variable Spread $100 Multiple markets

Commission-free trading

Excellent design

Binance 600+ 1% $50 recommended NFT marketplace

Tons of assets

Great trading tools

Libertex 250+ 0.1-0.2% for stocks, 0.47-2.5% for crypto $10 Islamic account

Range of assets

Loads of payment methods

XTB 5500 Variable spread + variable commission on CFD trades $100 Range of markets

Lightning-fast trade execution

Charting tools

BitOasis 15 0.24% Maker 0.48% Taker $10 Cheap

AED support

Simple to use

How we Select the Best UAE Trading Platforms

When we’re selecting the best trading apps in UAE, there’s a multitude of important factors to watch out for. We’ve included our methodology below so it’s easy to understand why we’ve selected each platform.

Regulation

When choosing the best trading platform in UAE, it’s always worth considering regulation. It’s important to only invest with a regulated exchange as unregulated platforms offer little in the way of consumer protection.

Range of Assets

To be considered the best trading platform in UAE, a large variety of assets is a must. There’s nothing worse than registering with a new broker/exchange only to find out a favorite asset is missing, and investors can't buy stocks. Furthermore, a greater number of assets means an increased number of trading opportunities.

Fees

Selecting a platform with low trading fees is a must. If a platform takes 2-3% every time a deposit or trade is placed, fees will quickly eat into profit. We’ve included a handy table comparing the fee structure of each platform to make it easier to see how each broker compares to one another.

Platform Trading Fees Credit/Debit Card Deposit Fees Other Fees
eToro 1% + Spread 0.5% $10 monthly inactivity fee after 12 months
Capital.com Variable Spread 0% Overnight fee based on leverage usage
Crypto.com 0.4% 2.99% N/A
Kraken 1.5% 3.75% + $0.25 2% for NFT transactions
AvaTrade Variable Spread 0% $50 per quarter after 3 months of inactivity. $100 yearly after 12 months
Binance 0.1% 1.85% Certain payment processors incur higher fees
Libertex 0.1-0.2% for stocks, 0.47-2.5% for crypto 0% $5 monthly inactivity
Forex.com Variable spread + variable commission on CFD trades 0% Rollover fees + $12 per month after 12 months inactivity
XTB 0.08% ($8 minimum) 2% $10 inactivity if no deposits made in 90 days or no trades in 365 days
BitOasis 0.24% Maker 0.48% Taker 3.99% N/A

Tools & Analysis

At the core of every exchange are its tools and features. Having a good selection of trading/charting tools is crucial for any exchange as it allows investors to accurately plan their buys/sells to get the best value.

Outside of trading features, every exchange has its own set of unique features that could make your life easier. As every exchange varies, investors should think about their goals to get an idea of which features would best suit their individual needs.

Minimum Deposit

Nobody wants to be forced to invest more than they had planned. Which is why an investor should always check the minimum deposit before partnering with a platform. Minimum deposits can vary wildly but eToro offers a minimum of just $50 for UAE residents.

Demo Account

Learning to trade is difficult. To make things easier and less stressful, it can be a good idea to trade using a demo account to build up some experience. This way, it’s possible to practice trading and improve strategies without wasting money.

Mobile App

Gone are the days of sitting behind a desk, trading on a PC. In the modern world, people frequently trade on the go, so having a well-designed mobile app is a must. A few things to check for are if all the important buttons/sections are easily accessible and if the same features are available on mobile & desktop.

Payment Methods

To be considered the best trading platform in UAE, a broker needs to have a range of deposit methods and support local currencies. Ideally, the best trading app in UAE will support credit/debit card deposits, as well as, wire transfers, and e-wallets.

In order to buy Bitcoin cheaply, it’s most important to ensure a platform supports wire transfers as they tend to have some of the lowest fees at 0-1.5%.

Customer Service

“The customer is king”. That phrase still rings true in the crypto industry. At some point, every investor has a problem or question they cannot find the answer to themselves. This is when it’s imperative that an exchange has excellent customer service. Nobody wants to be waiting days for a response, especially when funds are at risk.

To avoid any issues down the road, make sure the exchange has a prompt response time and ideally offers 24/7 live chat/phone support.

Types of Trading Platforms

There are many different kinds of trading platforms available in the United Arab Emirates and internationally. Depending on an investor's preferred asset class, some platforms offer better features or a greater range of assets.

Crypto

Cryptocurrency is perhaps the most exciting asset class of recent times. It’s a very volatile market, making it perfect for day trading. Fees on crypto trading platforms tend to be slightly higher than the average and many provide access to up to 50x leverage. See our guide on buying Bitcoin in the UAE.

Stocks & ETFs

Stocks are the most popular form of investment, so there are plenty of platforms to choose from. Typically, stock brokers have more fees for things like holding trades overnight and inactivity. However, most platforms these days offer 0% commission on NYSE/NASDAQ stock purchases, and some, like eToro, allow investors to trade multiple markets (crypto, stocks, ETFs, Forex, & commodities).

Forex

Forex trading is the act of buying and selling currencies. Typically, price changes are far smaller than crypto or even stocks, so it’s important to have access to ample leverage. The forex industry is heavily regulated so it typically has stricter requirements than other financial markets. For investors planning to trade forex, it could be a good idea to read up on the best forex brokers.

Commodities

The commodity market consists of things like gold, silver, and natural gas. Commodities are a hot investment right now, so it’s a great time to check out our how-to-trade commodities guide. While UAE investors have a ton of options for commodity trading, eToro is a great choice as it’s regulated and offers low spreads.

Day Trading

Day trading stocks is often a short-term strategy, so like Forex, having access to leverage can come in handy. The issue is that finding a platform that provides leverage in line with Islamic law can be extremely difficult. However, eToro offers an Islamic account with access to interest-free leverage and no Riba of any form.

Conclusion

Finding the best trading platform in the United Arab Emirates can be overwhelming but it doesn't need to be. Throughout this guide, we’ve discussed everything a budding investor needs to look out for when selecting a broker.

For investors still unsure which platform is best, we recommend eToro which is open to the UAE, offers commission-free stock trading and charges just 1% on crypto purchases making it one of the most cost-effective options out there. Additionally, it comes equipped with a ton of features designed to make trading more efficient and accessible.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

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