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Best Leverage Trading Platforms In UAE 2024

Page Summary

This guide helps users to find online brokers with the best platforms in UAE for trading with leverage. Numerous online brokers in the UAE allow trading with leverage. That said, it can be tough, especially for new traders, to separate the “wheat from the chaff” when choosing the best suitable platform for their trading goals and preferences.

Conducting in-depth research and comparison on the different brokers can help traders to avoid selecting a platform with low leverage ratios, limited risk management features, lacking regulation or high fees.

This guide assesses 78 online brokers in UAE for users to review and find the ideal platform for their needs. To help them make an informed decision, a list of the best leverage trading platforms in the UAE is below, followed by detailed reviews and comparisons.

Top 5 Leverage Trading Platforms In The UAE:  

  1. FBS – Best Leverage Broker Overall
  2. XM – Best for Research & Education
  3. IG Trading – Ideal For experienced Traders
  4. eToro – Best Leverage Trading Platform for Beginners
  5. Capital.com – Optimal For Beginners
  6. IC Markets – Lowest Trading Fees

Best Leverage Brokers and Trading Platforms in UAE Reviewed

Online brokers with the highest rated platforms for trading with leverage in UAE are reviewed below.

1. FBS – Best Leverage Broker Overall

FBS logo

Rating: 4,1/5

Min Deposit: $100

Fees: 4.5

Assets available: 1.9

Total Fees:

Open account Read review

75.2% of retail CFD accounts lose money

FBS is a CySec and ASIC-regulated forex and CFD broker that offers leveraged trading at low costs. Traders can open a FBS account, fund it with any amount, practice trading, and familiarize themselves with the platform first with FBS’s demo paper trading account.

FBS has its own proprietary WebTrader platform but is also compatible with MetaTrader 4 and 5. All orders are executed at lightning speed via FBS’s non-dealing desk (NDD) STP system and FBS provides clients with a free virtual private server.

On FBS traders can trade CFDs on forex, metals, energies, indices, stocks, and cryptocurrencies with a leverage of up to 1:30 on Standard and Cent accounts, whilst professional and institutional traders can trade with up to 1:3000 leverage.

Apart from having excellent multilingual customer service, FBS has a cutting-edge trading app available for those wishing to trade the markets on the go.

Pros

  • Highest leverage is 1:3000, minimum needed for a trade is $0.33
  • Leveraged trading available on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms
  • Competitive trading fees for Forex and CFDs
  • Good choice of trading account types

Cons

  • Low number of CFDs compared to other brokers
  • Futures not available

Key features

  • Access thousands of stock, stock index, forex, commodity, and crypto CFDs
  • Up to 1:30 leverage for retail traders and 1:500 for professional traders
  • Offers free $140 account funding
  • Standard, Cent, and Crypto real trading accounts available
  • Demo Standard, Demo Cent, and Demo Crypto accounts available
  • Offers free trading courses, webinars, video lessons, and trading ideas
Open account

75.2% of retail CFD accounts lose money

2. XM – Best for Research & Education

XM logo

Rating: 4,1/5

Min Deposit: $5

Fees: 4.1

Assets available: 2.8

Total Fees:

Open account Read review

75.59% of retail CFD accounts lose money

XM Forex is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.

XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.

XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)

Pros

  • Highest leverage is 1:888, minimum needed for a trade is $1.12
  • Leveraged trading available on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms
  • Competitive trading fees on leveraged trading instruments
  • Good customer support

Cons

  • Futures not available

Key features

  • Access to 1,000+ trading instruments
  • Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
  • No re-quotes nor order rejections
  • Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
  • Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
  • Free VPS perfectly suited for EAs and other automated trading software
Open account

75.59% of retail CFD accounts lose money

3. IG Trading – Best For experienced Traders

IG Trading logo

Rating: 4,2/5

Min Deposit: $5500

Fees: 3.7

Assets available: 4.5

Total Fees:

Open account Read review

75% of retail CFD accounts lose money

IG is one of the largest and most popular regulated forex and CFD brokers globally. Traders can trade thousands of markets using IGs trading platforms like L2 Dealer and ProRealTime or connect their IG brokerage account with MetaTrader 4.

IG offers educational material, daily market update videos, and both technical and fundamental analysis case studies. If you are new to online trading, you can practice with IG’s free demo paper trading account first. For experienced traders IG offers spread rebates and access to more advanced financial instruments like digital options.

Pros

  • Highest leverage is 1:500, minimum needed for a trade is $2
  • Offers 5 different trading platforms for leveraged trading
  • Great choice of leveraged trading instruments
  • Good research and education
  • Good customer support

Cons

  • Higher fees on stock CFDs

Key features

  • Trade over 17,000 markets with a broker that has been in business since 1974
  • Access to Turbo24s, and CFDs and options on forex, indices, crypto, stocks, and commodities
  • Unlimited free demo paper trading account
  • Advanced research and analysis tools like L2 Dealer and ProRealTime
  • Access to APIs to set up Expert Advisors and other automated trading software
  • Receive trading signals and alerts to find excellent entry and exit points
Open account

75% of retail CFD accounts lose money

4. eToro – Best For Beginners

eToro logo

Rating: 4,9/5

Min Deposit: $100 , depending on chosen account type

Fees: eToro offers commission-free stock and ETF trading and investing and charges spreads from 1,0 pip on EUR/USD

Assets available: More than 3,00 financial instruments, including forex, stocks, commodities, cryptos, CFDs, and ETFs

Total Fees: $5 Withdrawal fees, 0,50% currency conversion fees, stamp duty fees, $10/month inactivity fees after 12 months of account inactivity

Open account Read review

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

eToro is an excellent beginner broker with the option to trade up to 30:1 leverage on an intuitively designed proprietary trading platform. The broker allows users more than 3,000 CFDs on stocks, cryptocurrencies, commodities, 49 forex pairs, and 260 ETFs.

Established in 2007, eToro is an Israeli multi-asset broker with over 30 million clients from more than 100 countries. It is licensed and regulated by multiple regulatory bodies, including the Financial Conduct Authority (“FCA”), the Australian Securities and Investments Commission (“ASIC”), and the Cyprus Securities and Exchange Commission (“CySEC”). 

Additionally, eToro offers clients negative balance protection and keeps their funds in segregated bank accounts at top-tier banks. Moreover, beginner traders have access to a virtual demo account that mirrors real market conditions to familiarize themselves with the broker and trading in general. 

Our experts recommend choosing eToro as your broker because of its convenient and easy-to-understand trading platform, which is aimed at beginner traders. Beginners will benefit from the freely available demo account, Social Trading or Copy Trading feature, and the user-friendly trading platform.

Pros

  • Access to over 3,000 financial instruments
  • Beginner-friendly trading platform
  • The world’s biggest social trading community
  • Free demo and Islamic swap-free accounts are available
  • Commission-free stock and ETF trading and investing

Cons

  • The trading platform lacks advanced features (Level 2 order book data, advanced charting, custom order types, etc.)
  • Relatively high non-trading fees
  • Professional account needed for leverage up to 500:1

Key features

  • Access to 3,000+ financial instruments and 49 forex pairs
  • A broad range of educational material are provided daily
  • A free demo account to practice trading is available
  • High leverage for retail traders of up to 30:1
  • TradingView integration for one-click trading
  • Low minimum deposit requirement ($200) and multiple payment methods accepted
Open account

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

5. Capital.com Review – Best For Beginners

Capital.com logo

Rating: 4,8/5

Min Deposit: 20 USD/EUR/GBP or 80 AED (bank cards)

Fees: 4.8

Assets available: 4.7

Total Fees:

Open account Read review

CFD trading carries risk. Capital.com is regulated by the Securities and Commodities Authority.

Capital.com is a top choice for traders looking for a discount broker with great educational content and resources, advanced research tools and a premium trading interface. They offer a wide range of tradable assets including CFDs on cryptos, stocks, indices, commodities and forex pairs.

Founded in 2016, Capital.com is an international fintech company which has group of entities authorised and regulated by the Financial Conduct Authority (“FCA”), the Australian Securities and Investments Commission (“ASIC”), the Cyprus Securities and Exchange Commission (“CySEC”), and the Securities and Commodities Authority (“SCA”) in the UAE. It does not operate a bank and is not publicly traded.

Choose Capital.com if you are looking for a great mobile trading experience, professional web trading interface, day trading features. Beginner traders will like the low minimum deposit ($20), industry leading commission structure, and award winning education section.

Pros

  • Highest leverage is 1:30 on Forex pairs
  • Leveraged trading available on MetaTrader 4 (MT4) and TradingView trading platforms
  • Great leveraged trading educational resources
  • In-depth research

Cons

  • Futures not available

Key features

  • Access to 4.100 trading instruments
  • High quality research and educational content
  • Patented AI trade bias system
  • $20 minimum deposit
  • No inactivity fees
Open account

CFD trading carries risk. Capital.com is regulated by the Securities and Commodities Authority.

6. IC Markets – Best Trading Fees

IC Markets logo

Rating: 4,5/5

Min Deposit: $200

Fees: 4.7

Assets available: 3.6

Total Fees:

Open account Read review

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71,65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IC Markets is an ASIC and CySEC-regulated broker operating globally. With IC Markets you can trade forex, CFD, and crypto with up to 1:500 leverage. IC Markets has over 2,000 tradable assets and charges low, floating spreads from 0,0 pips.

IC Markets has multiple trading platforms available and is compatible with MetaTrader, cTrader, myfxbook AutoTrade, and ZuluTrade. Professional traders can open a Raw Spread, Standard or Islamic account at IC Markets, whilst beginners can practice trading with their unlimited demo paper trading account.

You can fund your IC Markets account by bank transfer, credit card, or e-wallets like PayPal at 0% commission and receive access to a free VPS server after opening an account with them.

Pros

  • Highest leverage is 1:500, minimum needed for  a trade is $2
  • Leveraged trading available on MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader trading platforms
  • Good research and educational tools

Cons

  • Futures available only as CFD

Key features

  • Access to over 2,000 CFDs on stocks, bonds, indices, commodities, forex, and digital currencies
  • Islamic swap-free accounts available on request
  • Compatible with MetaTrader 4, 5, cTrader, ZuluTrade, and Myfxbook AutoTrade
  • Raw spreads from 0,0 pips
  • Well-suited for both beginner and experienced traders
  • Expert Advisors and other forms of automated trading allowed
Open account

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71,65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

How To Find The Ideal Leverage Trading Broker and Platform in UAE?

Aspects to considered for choosing the optimal platforms for trading with leverage in UAE are listed below.

  • Assets: Traders that use leverage should have a range of assets available. Use a broker that offers: Stocks, commodities, futures, mutual funds, forex, bonds, indices, ETFs, and cryptos. 
  • Mobile Trading: Mobile trading platforms work with both iOS, and android. Make sure your broker offers all the trading features you need on its mobile platform. 
  • Fees: Brokers should offer low trading fees, or a 0% fee on trades. Be sure to check on the spread you pay, because this adds to the cost of trades. 
  • Trading platforms: Leverage trading requires a solid trading platform that executes trades fast. If you use automated trading tools, make sure the broker has a good API that works with your tools. 
  • Deposit & Withdrawal: There should be no fees to make a deposit or withdrawal with your broker. Also, make sure the broker you choose accepts payment methods you like. 
  • Regulation: Only trade with brokers that comply with FCA, CySEC, and ASIC regulations. There is no need to risk money with an unregulated broker. 
  • Research & education: Leverage trading is risky, so make sure the broker you choose offers research and educational material. Also, the broker needs to offer access to breaking news, so you are on top of the market. 
  • Customer support: You should choose a broker that has  24/7 support and multiple contact options. Also, make sure that the broker you sign up with speaks your language. 

Top Brokers For Leverage Trading Compared

Key features of online brokers with the highest rated platforms for leverage trading are compared in the table below.

BrokerAvailable AssetsMax. LeverageAvailable Trading PlatformsFeesEducational MaterialsDeposit & WithdrawalsCustomer ServiceRegulators
FBSForex, Indices, Stocks, Metals, Energies3,000:1MetaTrader 4, MetaTrader 5, FBS Trader, FBS CopyTradeAverageTrading tips, Webinars, Video lessons, Seminars, BooksCredit/Debit Card, Neteller, SticPay, Skrill, Perfect Money, Bitwallet, and morePhone, Email, Live ChatIFSC, CySEC
XMForex, CFDs (Indices, Commodities, Stocks, Cryptocurrencies)888:1MetaTrader 4, MetaTrader 5AverageVideo Tutorials, Webinars, Forex Seminars, Forex Platform GuideCredit/Debit Card, Electronic Payment, Bank Wire Transfer, Local Bank TransferPhone, Email, Live ChatASIC, CySEC, IFSC
IG TradingForex, Indices, Stocks, Commodities, Cryptocurrencies, Bonds, ETFs500:1MetaTrader 4, ProRealTime, IG Trading PlatformBelow averageWebinars, Video tutorials, IG Academy, News and AnalysisCredit/Debit Card, Bank TransferPhone, Email, Live ChatFCA, ASIC, MAS, FINMA, JFSA, DFSA, CFTC, NFA
eToroStocks, ETFs, CFDs, commodities, indices, and cryptocurrencies1:30Web, Mobile, DesktopAverageeToro Academy,  eToro Plus, The Bull ClubBank Wire, Credit Cards, e-wallets, Paypal, Skrill, Neteller, Unionpay, Klarna, POLi, Ideal, Trustly, PrzelewyPhone, Email, Live ChatFCA, CySEC
Capital.comForex, Indices, Commodities, Cryptocurrencies, Stocks, ETFs30:1Proprietary platform, MetaTrader 4, TradingViewAverageTrading Academy, Webinars, Educational AppCredit/Debit Card, Bank Transfer, Neteller, Skrill, and morePhone, Email, Live ChatCySEC, FCA, ASIC, NBRB
IC MarketsForex, CFDs (Indices, Commodities, Bonds, Cryptocurrencies, Futures, Stocks)500:1MetaTrader 4, MetaTrader 5, cTraderBelow average Webinars, Video Tutorials, Trading Guides, BlogCredit/Debit Card, PayPal, Neteller, Skrill, Wire Transfer, and morePhone, Email, Live ChatASIC, CySEC, FSA

What Is Leverage Trading?

Leverage trading means that a trader manages positions that are larger than the amount of money used to back up the position. Unlike margin trading, leveraged trading uses many times the amount of base capital. 

A ratio expresses the amount of leverage used, for example, 20:1. If a trader has a position worth $20,000, and they are using leverage of 20:1, they would have $1,000 securing the position. In this example, a 5% move against the trader would wipe out the capital. 

Forex, futures, options, and CFD traders use leverage. Using leverage requires experience, and risk management skills that new traders don’t have. If you want to use leverage, make sure to educate yourself before trading. 

Pros and Cons of leverage trading in UAE

Leverage is powerful, and can help a trader exaggerate market movements for profit. However, it is dangerous, and the risk of loss rises with the amount of leverage used. Here are the pros and cons of leverage trading in the UAE. 

Pros

  • Leverage uses less capital to open positions.
  • Easy to create a basket of positions with small investment.
  • Brokers offer leverage of 100:1 and higher.

Cons

  • Losses happen fast in volatile markets.
  • New traders don’t understand risk management with leverage.
  • Swap costs add up on positions held for more than a day.

Which Markets Can You Trade With Leverage in UAE?

Leveraged trading is available for major global markets across many asset classes, and investors in the UAE have access to all these markets. 

Here are the assets and markets that investors trade with leverage:

CFDs
Contracts For Difference (CFDs) are contracts for traders who want to speculate on forex, commodities, stocks, and other global assets. Brokers offer leverage of 100:1 and higher.

Futures
Futures contracts give investors exposure to stock and bond markets, and commodities. Futures traders use leverage, talk to your broker about how much leverage the broker offers.

Options 
Major markets use options contracts to speculate and hedge, and use leverage to cover the value of the contracts. Options exist for stocks, bonds, commodities, cryptos, and other markets.  

What Is Leverage Trading?  

Leverage trading is a mechanism known as margin trading or trading on marking. It allows traders to open trading positions with an online broker and use a small capital. The goal is to take a larger position in the market. 

It uses borrowed funds to boost one’s trading position beyond what would’ve been possible from their funds alone. Online brokers allow UAE traders to use leverage with a brokerage account. Read our in-depth trading reviews to learn more about leverage trading in the UAE. 

Why Should You Consider Leveraged Trading?  

Leveraged trading is rewarding and might lead to exciting revenue gains. It is a complex trading mechanism with the potential for high returns. But we don’t recommend it for new UAE traders. Read our in-depth online trading reviews for insights on online trading risks in the UAE. 

The Risks Of Leveraged Trading  

Leveraged trading in the UAE remains risky. Leverage is a powerful strategy, but it comes with higher risks of losing money rapidly. It is best to start with a minimum trade to avoid losing funds. Online trading mechanisms are reliable, but these might be challenging for beginners. 

Conclusion

The numerous online brokers in UAE offering different platforms and tools, make it difficult to finde the ideal choice for individual needs. Reviewing and comparing the services of different options requires time and effort.

For this guide our experts did the hard work by evaluating top platforms for different types of traders and their investment goals. The results of our analysis of the best leverage trading platforms in UAE are wrapped up in the table below.

RANKBROKERPLATFORM SCOREBEST FORWEBSITE
#1FBS4,9/5Day TradersOfficial website
#2XM4,9/5For BeginnersOfficial website
#3IG Trading4,9/5ProfessionalsOfficial website
#4eToro4,9/5For BeginnersOfficial website
51% 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.
#5Capital.com 4,9/5FuturesOfficial website
#6IC Markets 4,2/5Investors and Mobile tradingOfficial website

Based on the findings from our review and comparison, we consider FBS as the best leverage trading platform in UAE. They offer 1:3000 max leverage for professional traders, a competitive fee structure and a proprietary trading platform with great features for trading on leverage. Investors can trade on stocks, options, futures, commodities, and more with FBS.

FAQ

Is trading with leverage legal in UAE?

Yes, trading with leverage is legal in UAE and is regulated by the Securities and Commodities Authority (SCA).

What are the maximum leverage limitations in UAE?

The SCA does not apply any maximum leverage limitations to traders. However, the DFSA and FSRA limit leverage to 30:1 on major forex pairs and 20:1 on minor pairs.

Is leverage trading the same thing as margin trading?

Leverage trading and margin trading are different, but both uses borrowed money to open positions. Leverage trading uses multiples of the base capital for the total position value, for example, 4x the value of the money backing the trade.

What is the most suited asset for leverage trading?

Leverage is commonly used to amplify trading positions when trading with forex, commodities, CFD and futures.

Is leverage trading risky?

Trading with leverage can increase potential profits, but it also amplifies the potential loses. Because of the high risk of losing money, beginners should avoid trading with leverage.

Can I lose all my money with leverage trading?

It is possible to lose all the money in a trading account when using leverage, and risk management is the key to staying safe with leveraged trading.

What are the best trading tools to limit risk when trading with leverage?

The most recommended trading tools to limit risk when trading with leverage include margin alerts, risk management tools (stop-loss, take profit), leverage and margin calculators and fundamental analysis tools.

Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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