The Forex trading market in the Middle East has grown significantly in recent years, with more investors in Saudi Arabia and the United Arab Emirates (UAE) seeking access to international currency markets. Choosing a reliable, regulated, and Sharia-compliant broker is critical for traders in these countries who want to profit legally and securely.
In this comprehensive 2025 guide, we list the top Forex brokers for Saudi and UAE traders, focusing on regulation, fees, trading platforms, Islamic account availability, and customer support. Whether you’re a beginner or an advanced trader, this list will help you find the best broker to match your trading style and investment goals.
Quick Overview: Top Forex Brokers for Saudi & UAE Traders in 2025
| Broker | Regulation | Islamic Account | Min. Deposit | Best For |
|---|---|---|---|---|
| Saxo Bank | DFSA, SAMA | Yes | $500 | Advanced & high-volume traders |
| Exness | FCA, CySEC, FSCA | Yes | $10 | Low spreads & fast withdrawals |
| XM | DFSA, CySEC | Yes | $5 | Beginners & educational tools |
| AvaTrade | ADGM, ASIC | Yes | $100 | Copy trading & crypto |
| FXTM | FCA, FSCA | Yes | $10 | Local funding & mobile users |
| ADSS | SCA (UAE) | Yes | $100 | UAE-based & Arabic support |
1. Saxo Bank – Premium Trading Experience
It’s regulated by SAMA (Saudi Central Bank) and DFSA (Dubai Financial Services Authority), making it highly trusted in the region.
Key Features:
- Institutional-grade trading tools
- SaxoTraderGO and SaxoTraderPRO platforms
- Islamic accounts available
- Dedicated support for GCC clients
Minimum Deposit: $500
Best For: High-net-worth and experienced traders
Exness – Low Spreads & Instant Withdrawals
Exness has become one of the most popular brokers in Saudi Arabia and the UAE due to its low spreads, instant withdrawals, and support for swap-free (Islamic) accounts. It’s also beginner-friendly with local funding options.
Key Features:
- Regulated by FCA, FSCA, CySEC
- No hidden commissions
- 24/7 customer support
- Supports AED/SAR deposits
Minimum Deposit: $10
Best For: Cost-conscious traders and fast withdrawal needs
3. XM – Best for New Traders
XM is widely trusted by traders across the Middle East due to its user-friendly platform, low entry barrier, and extensive Arabic-language education tools. It’s licensed under DFSA and CySEC.
Key Features:
- Over 55 currency pairs
- Swap-free accounts upon request
- MT4/MT5 platforms
- Daily Arabic webinars and market analysis
Minimum Deposit: $5
Best For: New traders & scalpers
4. AvaTrade – Great for Copy & Crypto Trading
AvaTrade offers multiple trading platforms and is fully regulated under ADGM in Abu Dhabi. It also supports copy trading via DupliTrade and ZuluTrade, making it ideal for passive investors.
Key Features:
- Regulated by ADGM, ASIC
- Islamic account support
- Crypto CFD trading available
- AvaTradeGO mobile platform
Minimum Deposit: $100
Best For: Passive traders and crypto exposure
5. FXTM (ForexTime) – Gulf-Focused and Fast
FXTM is popular in Saudi Arabia and UAE for its Arabic support and localized services. It offers quick execution, local deposit options, and low starting requirements.
Key Features:
- Regulated by FCA, FSCA
- MT4/MT5 platforms
- Arabic educational content
- Low-cost account types
Minimum Deposit: $10
Best For: Mobile and local currency traders
6. ADSS (Abu Dhabi) – Trusted Local Broker
It offers a fully Arabic interface, Islamic accounts, and supports AED deposits—ideal for local clients who prefer dealing with a domestic institution.
Key Features:
- Regulated in the UAE
- Swap-free accounts
- No commission trading
- Arabic-speaking support team
Minimum Deposit: $100
Best For: Traders looking for a locally based broker
How to Choose the Right Forex Broker
Here are the top criteria for selecting a Forex broker in Saudi Arabia or the UAE:
1. Regulation & Licensing
Make sure the broker is licensed by a reputable authority such as:
- SAMA (Saudi Central Bank)
- DFSA (Dubai)
- SCA (UAE)
- FCA (UK)
- CySEC (EU)
- ASIC (Australia)
2. Islamic Account Availability
If you’re concerned about Sharia compliance, ensure the broker offers swap-free accounts without hidden fees.
3. Local Deposit Options
Choose brokers that accept AED or SAR deposits via local banks or e-wallets to avoid currency conversion costs.
4. Platform Usability
Look for MT4/MT5 or user-friendly mobile platforms with Arabic interfaces.
5. Arabic Customer Support
Ensure the broker offers Arabic-speaking agents via phone, email, or live chat.
Frequently Asked Questions
Yes. Trading Forex is legal and regulated.
Q2: Do I have to pay tax on Forex profits in Saudi or UAE?
No. As of 2025, both countries do not levy personal income tax on Forex profits.
Yes. Many brokers like XM and FXTM allow starting with as little as $5 to $10.
Q4: Are swap-free Islamic accounts truly Halal?
Most major brokers offer genuine Sharia-compliant accounts, but always verify that there are no hidden rollover or admin charges.
Final Thoughts
The demand for Forex trading in the Gulf region continues to rise as more individuals seek online income and portfolio diversification. Choosing the right broker is the most important step to start your trading journey securely.
Whether you prefer a local broker like ADSS or a global player like Saxo Bank or Exness, ensure you pick one that aligns with your investment goals, offers Islamic account options, and supports Arabic and local currencies.
Start small. Trade smart. Grow steadily.
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