Best Stock Brokers in the UAE & Dubai

Best Stock Brokers in the UAE & DubaiAre you looking to start trading stocks? Then let us point you in the direction of the best stock brokers in the UAE and Dubai.

Based on our extensive experience, many hours of research, and reviews from real users, we’ve created a complete list of the best online stock brokers in Dubai and the UAE.

Our List of the Best Stock Trading Platforms & Brokers in UAE and Dubai:

  • Best Stock Broker in Dubai: IG Markets
  • Best Trainee Stock Broker in Dubai: CMC Markets
  • Best Stock Trading Site For Beginners in Dubai: eToro
  • Cheapest Share Trading Platform in Dubai: AvaTrade
  • Best CFD Trading Platform for Stocks in UAE: IG Markets

Which is the Best Stock Broker in Dubai?

IG Markets

IG Markets is one of the oldest and biggest online brokers in the world.

This UK-based broker has been offering trading opportunities since the early 1970s.

Still to this day, IG Markets keeps trail blazing the industry and setting the standard for all other online brokers.

What we like

Real stock trading of the exchanges

Huge selection of international stocks.

What we don't like

High minimum deposit.

Commission on spread betting and CFD stock trading.

Real stock trading of the exchanges

Huge selection of international stocks.

High minimum deposit.

Commission on spread betting and CFD stock trading.

Features

Fees: Low spread & commission.
Demo Account: Yes
Min Deposit: £300
Deposit Options: Visa, Mastercard, PayPal, Bank Transfer
Assets: 10,000+
License: FCA, ASIC, CFTC, MAS

Ratings:
star-full star-full star-full star-full star-empty

Rating by our editorial team

9 users gave the score of 4.7/5
Total score:
star-full star-full star-full star-empty star-empty

30,384 users gave the score of 2.75/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

IG Markets is, in our and many others’ opinion, the best stock broker in Dubai and several other jurisdictions around the world. The reasons for this are many, but three main factors help IG qualify as the best stock broker in the UAE and Dubai.

Namely, their massive selection of 12,000+ stocks, the option to trade stocks as CFDs, spread betting and more, and lastly, their incredible, advanced trading platform.

Using IG Markets is always a pleasure and you can rest assured that you’re safe, well taken care of and that you have all the tools you need to effectively trade and invest in stocks. IG also has an Islamic Account, which is very suitable for the market in Dubai.

Which is the Best Trainee Stock Broker in Dubai? 

CMC Markets

CMC Markets is a global trading service based in the UK but with customers and offices all around the globe.

A combination of great trading tools, tons of assets, and long experience in the industry make CMC Markets an excellent choice for most traders.

What we like

Huge selection of assets

Well-established broker

Top-notch trading platform

What we don't like

Complicated registration

High spread on stocks

Fees on many transactions

Huge selection of assets

Well-established broker

Top-notch trading platform

Complicated registration

High spread on stocks

Fees on many transactions

Features

Fees: 0 commission on FX and CFDs
Demo Account: Yes
Min Deposit: Zero
Assets: 10,000+
License: CySEC, FCA, ASIC

Ratings:
star-full star-full star-full star-full star-empty

Rating by our editorial team

5 users gave the score of 4.6/5
Total score:
star-full star-full star-full star-empty star-empty

3,283 users gave the score of 2.88/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

CMC Markets is a great all-around, multi-asset broker based in the UK. Thanks to a great selection of stocks on offer, as well as a free demo account where you can trade stocks with virtual money, this is the best trainee stock broker in Dubai.

Now, there are a couple of things to keep in mind when trading, using CMC Markets’ demo account in Dubai.

Firstly, since you’re trading with virtual money, you don’t have the option to withdraw your winnings as real money. Secondly, trading using demo accounts comes with some downfalls, mainly the risk of taking on too much exposure on each trade when switching from demo trading to real-money trading.

When training on stock trading, using CMC Markets, you gain access to thousands of company stocks from all over the world.

Which Stock Trading Site is Best For Beginners in Dubai?

eToro

No online broker does copy trading like eToro.

You can choose to trade on your own or copy other traders, and the social trading network is the perfect place to share experiences and learn new skills from other traders from all over the world.

What we like

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

What we don't like

Commission of CFD stocks.

High minimum deposit

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

Commission of CFD stocks.

High minimum deposit

Features

Fees: 0% commission on stocks, although not on stock CFDs.
Demo Account: Yes
Min Deposit: £200
Assets: Hundreds of stocks.
Deposit Options: Credit/Debit Cards, Skrill, Neteller, PayPal, Wire, Rapid Transfer
License: FCA, CySEC, ASIC

Ratings:
star-full star-full star-full star-full star-full

Rating by our editorial team

14 users gave the score of 4.6/5
Total score:
star-full star-full star-empty star-empty star-empty

83,244 users gave the score of 2.1/5

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

There is no doubt in our minds that eToro is the best trading site for beginners in Dubai and the rest of the world. Thanks to the innovative copy trading platform, eToro can be used to track, learn from, and copy other successful traders.

In no way is this a risk-free way of trading or a guarantee that you will succeed. However, the platform does make trading easier for beginners, since it limits the amount of analytic work required to place trades.

Also, eToro is the perfect broker for beginners who want to interact with, and learn from, other traders on every skill level. The platform has a forum and supports several kinds of interactions between traders.

Which is the Cheapest Share Trading Platform in Dubai?

AvaTrade

AvaTrade represents the top tier of online brokers.

With a combination of their own software and third-party platforms, you'll gain access to some of the best trading services and features.

What we like

Easily integrated trading robots

Commission-free trading

What we don't like

A limited selection of assets

Rather high spread on certain assets

Easily integrated trading robots

Commission-free trading

A limited selection of assets

Rather high spread on certain assets

Features

Fees: 0% commission but spread on each trade
Demo Account: Yes
Min Deposit: £100
Deposit Options: Debit & Credit Cards, Skrill, Neteller, Webmoney
Assets: 1,000 assets
License: Central Bank of Ireland, ASIC, FSCA, FSA

Ratings:
star-full star-full star-full star-full star-half

Rating by our editorial team

4 users gave the score of 4.8/5
Total score:
star-full star-full star-full star-empty star-empty

8,392 users gave the score of 3.23/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

AvaTrade is a simple, yet effective and cheap share trading platform in Dubai. However, AvaTrade might not have the biggest selection of stocks on the market and they are not one of the biggest brokers in the world.

With that said, AvaTrade is fairly cheap to use and the broker offers a range of automated trading tools and robots, which helps to make online stock trading in Dubai more manageable.

One of our favourite aspects of AvaTrade is that they’ve developed one of the top mobile stock trading apps on the market right now. Naturally, the app is available in Dubai and it allows you to trade stocks wherever you are, as well as at a highly-competitive pricing point.

Which is the Best CFD Trading Platform for Stocks in UAE? 

IG Markets

IG Markets is one of the oldest and biggest online brokers in the world.

This UK-based broker has been offering trading opportunities since the early 1970s.

Still to this day, IG Markets keeps trail blazing the industry and setting the standard for all other online brokers.

What we like

Real stock trading of the exchanges

Huge selection of international stocks.

What we don't like

High minimum deposit.

Commission on spread betting and CFD stock trading.

Real stock trading of the exchanges

Huge selection of international stocks.

High minimum deposit.

Commission on spread betting and CFD stock trading.

Features

Fees: Low spread & commission.
Demo Account: Yes
Min Deposit: £300
Deposit Options: Visa, Mastercard, PayPal, Bank Transfer
Assets: 10,000+
License: FCA, ASIC, CFTC, MAS

Ratings:
star-full star-full star-full star-full star-empty

Rating by our editorial team

9 users gave the score of 4.7/5
Total score:
star-full star-full star-full star-empty star-empty

30,384 users gave the score of 2.75/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

IG Markets is the best CFD trading platform for stocks in UAE because they have the biggest selection of stocks (both international and domestic) out of every CFD broker on the market.

With well over 10,000 stocks, several incredible trading platforms, a spotless reputation, and demo accounts, IG Market provides everything you need to trade stocks as CFDs like a professional.

Trading stocks as CFDs is different from regular investments and, in many ways, it poses bigger risks. Luckily, IG Markets has great resources to help you trade with the highest level of security possible.

best stock brokers

FAQ:

How do I invest in Amazon stock from Dubai?

You start by finding a broker that offers Amazon stocks and then you request to buy as many as you’d like and can. It’s really that simple.

With that being said, you should also know that 1 Amazon stock currently (as of late 2020) sells for over $3,000. Naturally, most people can’t afford to buy stocks at this price, but there is a smarter solution.

By investing in Amazon using CFDs, you can pick your investment amount, without regard for the stock’s market value. You can, for example, invest in Amazon with as little as a few dollars.

Is online trading legal in the UAE?


Yes, online stock trading is legal in the UAE. With that in mind, please remember that two different regulatory bodies oversee the market: Dubai Financial Services Agency (DFSA) and the Securities and Commodity Authority (SCA).

How can I trade stocks in the UAE?

To start trading stocks, you need a couple of things. Without these components, you won’t gain access to any markets or trading opportunities.

What you need to start trading:

  • A reliable stock broker, which you can find in our recommendations in this guide.
  • Basic knowledge of how the stock market works (the more knowledge, the better).
  • Enough funds to finance your trading efforts.

Note: Don’t hesitate to leave a comment below in case you have any questions regarding trading apps, safety, day trading, investments, financial systems, or anything else that might come to mind while spending time on our website. We promise to answer you as soon as possible.

Our Author:

Our editorAdam Jarfjord is a Swedish day trader, investor, and copywriter. He works as head of content at BullMarketz.com and has been providing editorial content within the financial sector for more than 5 years. Read more about him by visiting his LinkedIn profile or contact us directly to learn more about the team

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