Are 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.
In This Guide
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
- 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 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.
✔ Real stock trading of the exchanges
✔ Huge selection of international stocks.
✔ 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.
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
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 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.
✔ Huge selection of assets
✔ Well-established broker
✔ Top-notch trading platform
✔ 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
Fees: 0 commission on FX and CFDs
Demo Account: Yes
Min Deposit: Zero
Assets: 10,000+
License: CySEC, FCA, ASIC
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 is the Cheapest Share Trading Platform in Dubai?
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.
✔ Easily integrated trading robots
✔ Commission-free trading
✔ 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
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
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 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.
✔ Real stock trading of the exchanges
✔ Huge selection of international stocks.
✔ 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.
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
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.
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 January 2022) sells for over $3,242. 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?
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:
Adam 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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