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Forex Brokers in United Arab Emirates

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The United Arab Emirates is a popular jurisdiction for forex brokers, with many forex brokers having a registered office in the Middle Eastern nation. UAE also has several financial free zones where different rules apply. Sometimes, forex brokers in the UAE operate with only a representative license from the Central Bank of the UAE (CBUAE), while others are registered with the Dubai Financial Services Authority (DFSA) or overseen by some local regulatory agencies only.

The UAE has quickly grown to become a regional country for trading in all financial markets, with forex trading being no exception. It is partly because of the UAE's favorable tax policies.


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Score Broker Country Regulation Min Deposit Max Leverage

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.

Additional FAQ

Official regulators in the UAE are as follows:

  • The Dubai Financial Services Authority (DFSA)
  • The Abu Dhabi Global Market (ADGM)
  • The Securities Commission Authority (SCA)
  • Central Bank of the United Arab Emirates (CBUAE)

It is important to understand that the UAE is divided into two financial areas, namely the Mainland and Free Zones. Brokers who operate in the Mainland are regulated by the SCA or CBUAE. Meanwhile, DFSA and ADGM regulate brokers in the Free Zones, which are designated to encourage foreign investments and allow foreign-owned companies to be located.

Continue Reading at Best Forex Brokers in United Arab Emirates (UAE)

All brokers that operate in the UAE must be regulated and obtain a license either from the SCA, Central Bank, or other regulatory authorities. They should also comply with Sharia law, which means that certain operational requirements must be fulfilled.

In addition, any non-resident international entity or forex broker that wishes to offer its service within the Emirates should have a local or domestic representative in the country, either in the mainland or in any financial zone. So before they can operate, they must be listed under the SCA or DFSA and gain approval from either of them.

Continue Reading at Best Forex Brokers in United Arab Emirates (UAE)

Since ADSS is the only forex broker supporting this payment method at the time of this writing, we'd use the broker's deposit steps to guide you:

  1. Log in to your ADSS trading account and head over to the Client Portal. Click on "Deposit".
  2. Scroll down and hit the "UAEPGS" button.
  3. Enter the amount of deposit and click "Make Payment".
  4. Check your payment details and click "Confirm".
  5. The system will direct you to the UAE Central Bank Payment Gateway page.
  6. Choose your bank and the product as "Retail Banking", then click "Submit".
  7. Accept the terms and conditions and click "Submit".
  8. You will be redirected to your online banking page. Then, log in using your internet banking user credentials.
  9. Pick your preferred payment method, review the details, and click "Next".
  10. Review your payment details once again and click "Confirm".
  11. Enter the OTP codes sent by your bank to your mobile number or email address.
  12. You will see the payment confirmation message from your bank. Please wait for the page to redirect back to your ADSS client portal.
  13. You will see the payment details of your UAEPGS gateway transaction. Click "Close" to go back to your ADSS Client Portal main page.
  14. In order to check the progress of your deposit, click "Accounts" from the top menu and choose the "Funding and Withdrawals" tab.
  15. You may notice that your latest transaction's status is pending. Please check back within 30 minutes to ensure that the amount is successfully credited to your account.
  16. Once the money is available in your account, you'll immediately be able to use it for trading on the broker's platform.

Continue Reading at Guide to Instant Deposit on ADSS for UAE Traders

For UAE traders, UAEPGS is a transfer payment gateway introduced by the Central bank of the UAE. It is a safe and reliable method that's able to fund your forex account within 30 minutes only. ADSS is the only broker in the UAE that uses UAEPGS, so it's definitely quite a huge perk for UAE traders.

Continue Reading at Guide to Instant Deposit on ADSS for UAE Traders


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