The Top 5 Online Brokers for stock trading UAE are known for being uncomplicated trading. Which online broker to choose to trade on the Dubai stock market? First of all, good brokers should offer fair commissions and have a good security rating. It should also be easy to open an account and deposit money. They should give you access to many products and they should have a great trading platform.
Below we take a closer look at the most reliable online brokers of 2020 for stock trading in UAE:
Stock trading in UAE
Interactive Brokers was founded in 1978 and is one of the largest discount brokers in the world. The broker is regulated by several financial authorities around the world, including the most reputable ones such as the UK Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).
Trading in Dubai
Since the broker is licensed by several top-level regulators, it is considered safe for trading in Dubai. Besides, having long-term work experience and publicly disclosed financial data while listing on the stock exchange is also an excellent sign of security.
Top 10 Forex trading companies in Dubai
Interactive Brokers has received good references from the top 10 Forex trading companies in Dubai and is suitable for traders looking for low commissions and a professional trading environment.
This trading platform is owned by a Danish investment bank, founded in 1992 and providing online trading and investment services. The company is regulated by several financial authorities around the world, including the Danish Financial Services Agency (FSA) and the UK Financial Conduct Authority (FCA).
Saxo Bank is a global service provider. Its subsidiaries are represented in different regions as separate legal entities. The services offered by each business unit may differ slightly, especially in terms of commissions and the selection of products available for trading.
Best online trading platform in UAE
Saxo Bank is considered safe as it has extensive experience and banking license and is also regulated by top tier financial authorities. Recommended for investors and traders as the best online trading platform in UAE.
It is a Swiss investment bank founded in 1996. The company has two main divisions: a Swiss branch specializing in stocks, funds, options, and futures, plus a UK branch specializing in CFDs and Forex.
Swissquote Bank Ltd is formally based in Switzerland and regulated by the Swiss Financial Markets Supervision Agency (FINMA), the country’s financial regulator, but this particular trading platform is often chosen for stock trading in UAE.
The broker Swissquote is considered safe as Swissquote Bank Ltd has a banking license, is listed on the Swiss stock exchange, regularly publishes detailed financial statements, and has a long track record.
Forex trading in Dubai
XTB is a global CFD and Forex broker with headquarters in London and Warsaw. The company is regulated by several financial authorities around the world, including the UK Financial Conduct Authority (FCA). Moreover, XTB is quoted with stock trading in UAE.
This broker is considered safe for UAE traders as it is regulated by at least one top-tier financial authority (FCA) and is listed on the stock exchange.
How to invest in us stock market from Dubai
Oanda is a US registered online broker for Forex trading in Dubai established in 1996. The broker is considered safe as it has a long track record, publishes its financial performance, and is regulated by top tier bodies such as the US Retail Foreign Exchange Dealers Authority (RFED) and the UK Financial Conduct Authority (FCA).
This online broker is recommended to all those who asked the question “how to invest in us stock market from Dubai?” and is suitable for forex traders who value reliability, user-friendly design of an online platform, and powerful analytical tools.