Page Summary
| Rank | Broker | Score | Best For |
| 1 | Etoro | 4.9/5 | eToro is the best online broker and trading platform in 2024. Best for Beginners. Free Stock and ETF trading. Social trading |
| 2 | AvaTrade | 4.9/5 | Best Forex broker. Great research tools. Fast account openning |
| 3 | Interactive Brokers | 4.9/5 | Best for stocks and ETFs. Great choice of trading instruments. Low trading fees. |
| 4 | Pepperstone | 4.8/5 | Great choice of trading platforms. Low Forex fees. Great for research. |
| 5 | Saxo Bank | 4.8/5 | Best for professional traders. Wide range of trading products. Great research tools. |
| 6 | ActivTrades | 4.5/5 | Best for algorithmic trading. Low trading fees. Easy account opening |
| 7 | Trading 212 | 4.3/5 | Best customer support. Great for beginners. Low trading fees. |
| 8 | Oanda | 4.2/5 | Best research tools. Great trading tools. Fast account opening. |
| 9 | XTB | 4.2/5 | Best for Mobile trading. Low trading fees. Easy account opening. |
| 10 | Sarwa | 4.1/5 | Best local broker. Great for investors. Full-time broker |
Explore our top list of regulated and trusted brokers, each tested with real money accounts. All brokers listed are available in the United Arab Emirates as of 2024.
Are these brokers in the United Arab Emirates trustworthy?
Yes, Business24 exclusively recommends regulated brokers and online trading platforms with investor protection and a clean track record. To ensure a broker is reputable and reliable, review our scam broker list. Or learn how to avoid scams.
Key selection criteria determining a broker’s trustworthiness are regulation, availability of investor protection, and a clean track record. Review the table to compare top brokers in the UAE.
| Broker |
Top Tier Regulators |
Trusted Broker |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| eToro | ||||||||||
| AVAtrade | ||||||||||
| Interactive Brokers | ||||||||||
| Pepperstone | ||||||||||
| Saxo Bank | ||||||||||
| ActivTrades | ||||||||||
| Trading212 | ||||||||||
| Oanda | ||||||||||
| XTB | ||||||||||
| Sarwa |
Popularity of the top 10 online brokers in the United Arab Emirates
Here are the online brokers and trading platforms people in the UAE use for trading. Review the number of users and app downloads for each company below.
| Broker |
Nr. of Trading app downloads |
Popularity of broker |
||
|---|---|---|---|---|
| eToro | ||||
| AVAtrade | ||||
| Interactive Brokers | ||||
| Pepperstone | ||||
| Saxo Bank | ||||
| ActivTrades | ||||
| Trading212 | ||||
| Oanda | ||||
| XTB | ||||
| Sarwa |
Compare the Top 10 online brokers in the United Arab Emirates
Compare key features of the top 10 brokers in the United Arab Emirates, such as overall score, minimum deposit, time to open an account, country of regulation, withdrawal options, and withdrawal fees.
| Broker |
Overall Score |
Minimum deposit |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| eToro | Yes | Yes | ||||||||||||
| AVAtrade | No | No | ||||||||||||
| Interactive Brokers | Yes | Yes | ||||||||||||
| Pepperstone | No | No | ||||||||||||
| Saxo Bank | No | No | ||||||||||||
| ActivTrades | No | No | ||||||||||||
| Trading212 | No | No | ||||||||||||
| Oanda | No | No | ||||||||||||
| XTB | No | No | ||||||||||||
| Sarwa | No | No |
Above, you can review the brokers and trading accounts available in the United Arab Emirates.
For detailed information based on types of trading, see the following articles:
- Best overall trading platform in the United Arab Emirates
- Best trading platform for beginners in the United Arab Emirates
- Best forex broker in the United Arab Emirates
- Best CFD brokers in the United Arab Emirates
- Best free brokers in the United Arab Emirates
- Best stock brokers in the United Arab Emirates
- Best options trading platforms in the United Arab Emirates
Stock trading fees in the United Arab Emirates
Let’s review the trading and non-trading fees charged by the top brokers for investing in stocks from the United Arab Emirates. All spreads, commissions and financing rates reflect costs for opening a position, holding it for a week, and closing it.
| Broker |
US stock fee |
UK stock fee |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| eToro | Yes | Yes | Yes | Yes | ||||||
| AVAtrade | No | No | No | No | ||||||
| Interactive Brokers | Yes | No | Yes | No | ||||||
| Pepperstone | No | No | No | No | ||||||
| Saxo Bank | No | Yes | No | Yes | ||||||
| ActivTrades | No | Yes | No | Yes | ||||||
| Trading212 | No | No | No | No | ||||||
| Oanda | No | No | No | No | ||||||
| XTB | No | No | No | No | ||||||
| Sarwa | No | No | No | No |
Stock trading and non-trading fees in the United Arab Emirates
How to invest in stocks from the UAE
Many high-quality online brokers serve clients in the United Arab Emirates. Some offer UAE stocks, while others provide access to a wide range of global markets, giving you even more investment options.
Top brokers for investing in stocks
We’ve put together a list of brokers available in the United Arab Emirates that are excellent for stock investing. We recommend choosing from the following options:
- eToro – Best for Beginners. Free Stock and ETF trading. Social trading
- AVATrade – Best Forex broker. Great research tools. Fast account openning
- Interactive Brokers – Best for stocks and ETFs. Great choice of trading instruments. Low trading fees.
- Pepperstone – Best for stocks and ETFs. Great choice of trading instruments. Low trading fees.
- Saxo Bank – Best for professional traders. Wide range of trading products. Great research tools.
Ready to get started?
Step 1: Choose an online broker
First, you must check that the broker you’re considering operates in the United Arab Emirates.
Our broker selector tool helps you quickly find brokers available in your country that match your investment goals. For a detailed side-by-side comparison, see our broker comparison tool.
| Broker |
Stock and ETF scores |
Web platform score |
||||||
|---|---|---|---|---|---|---|---|---|
| eToro | ||||||||
| AVAtrade | ||||||||
| Interactive Brokers | ||||||||
| Pepperstone | ||||||||
| Saxo Bank | ||||||||
| ActivTrades | ||||||||
| Trading212 | ||||||||
| Oanda | ||||||||
| XTB | ||||||||
| Sarwa |
At Business24, we only recommend brokers regulated by at least one top-tier financial authority. Many global brokers operate through different legal entities, each regulated locally. So, for example, US clients are monitored by a US regulator and UK clients by a UK authority. Some of these regulators also offer investor protection schemes, compensating if your broker goes bankrupt.
Step 2: Open an account
Opening an account with an online broker is typically quick and entirely online. You’ll usually need to provide basic information like your name and address and perhaps answer a few questions about your income, financial knowledge, or trading experience.
Be sure to have your documents ready. To verify your identity and residency, you’ll likely need copies of:
- Photo ID
- Recent bank statements
- Utility bills.
Step 3: Fund your account
Once your trading account is verified, the next step is to fund it—depositing money you’ll use for trading stocks. Some brokers require a minimum deposit, though many don’t, allowing you to take your time before adding funds.
All brokers offer bank transfers for deposits and withdrawals; while often free, these transfers may take up to three days. Many brokers also allow deposits (but not withdrawals) via credit or debit card. Some even accept electronic wallets like PayPal, Apple Pay, Skrill, or Neteller, offering the advantage of instant transactions so you can start trading—or cash out earnings—immediately.
Step 4: Choose stocks and trade
If you already know which stock(s) you want to trade, great! If not, your broker’s research section can be helpful, often featuring trading ideas and expert recommendations. You can also research independently by looking into earnings multiples or staying updated on industry news.
Once you’ve chosen a stock, trading is simple:
- Select it from the broker’s search menu
- Enter the number of shares
- Confirm the trade
Most platforms offer several order types—for example, a “Market” order to trade at the current price or a “Limit” order to trade at a specific price later. For more on order types, check out this article.
Trading account from the United Arab Emirates
How to open a trading account from the United Arab Emirates?
The step-by-step process for opening an account in UAE:
Step 1: Considering the points mentioned above, you must choose a regulated broker that meets your trading needs. This is an essential step because choosing a good broker will provide you with a good platform for your trading.
Step 2: Fill out an online application form on the broker’s platform, providing personal information such as name, email, and phone number.
Step 3: Complete the KYC process by submitting identification documents (passport, photo, bank statements, utility bills) and proof of residence. Also, there might be questions about your income or trading experience.
Step 4: After verifying your account, you can fund it through bank transfers, credit/debit cards, or e-wallets. You can then begin trading stocks manually or via the platform’s automated trading systems.
| Broker |
Broker intro |
Time to open account |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| eToro | Yes | Yes | ||||||||
| AVAtrade | Yes | Yes | ||||||||
| Interactive Brokers | No | No | ||||||||
| Pepperstone | Yes | Yes | ||||||||
| Saxo Bank | Yes | Yes | ||||||||
| ActivTrades | Yes | Yes | ||||||||
| Trading212 | Yes | Yes | ||||||||
| Oanda | Yes | Yes | ||||||||
| XTB | Yes | Yes | ||||||||
| Sarwa | Yes | Yes |
Broker fees in the United Arab Emirates
Fees play a big role in picking a broker. Below, you’ll see the asset classes each broker offers and whether their fees rank as high, low, or average compared to others we’ve reviewed.
| Broker |
Stock fee class |
Fund fee class |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| eToro | – | – | Low | – | – | Low | ||||||||
| AVAtrade | – | – | Low | – | – | Low | ||||||||
| Interactive Brokers | Low | Low | Average | Low | Low | Average | ||||||||
| Pepperstone | – | – | Low | – | – | Low | ||||||||
| Saxo Bank | Low | High | Low | Low | High | Low | ||||||||
| ActivTrades | – | – | Low | – | – | Low | ||||||||
| Trading212 | – | – | High | – | – | High | ||||||||
| Oanda | – | – | Low | – | – | Low | ||||||||
| XTB | – | – | Low | – | – | Low | ||||||||
| Sarwa | – | – | – | – | – | – |
Other fees for international online brokers and trading platforms
Non-trading fees refer to charges not directly associated with executing trades and often include account maintenance fees, deposit/withdrawal fees, and inactivity fees.
| Broker |
Account fees |
Deposit fees |
||||||
|---|---|---|---|---|---|---|---|---|
| eToro | No | Yes | Yes | No | Yes | Yes | ||
| AVAtrade | No | No | No | No | No | No | ||
| Interactive Brokers | Yes | Yes | No | Yes | Yes | No | ||
| Pepperstone | No | No | No | No | No | No | ||
| Saxo Bank | No | No | Yes | No | No | Yes | ||
| ActivTrades | No | No | Yes | No | No | Yes | ||
| Trading212 | No | No | No | No | No | No | ||
| Oanda | No | No | No | No | No | No | ||
| XTB | No | No | No | No | No | No | ||
| Sarwa | No | No | No | No | No | No |
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.
Stefan Grasic is the owner of Business24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active stock, CFD, crypto and general investment researcher, advising blockchain companies such as Blockbird, GoCrypto, Hive Terminal at their start up level.