{"id":621,"date":"2023-03-24T15:20:55","date_gmt":"2023-03-24T15:20:55","guid":{"rendered":"https:\/\/fintechfinder.com\/uae\/?p=621"},"modified":"2026-01-30T12:19:56","modified_gmt":"2026-01-30T12:19:56","slug":"best-online-brokers-trading-platforms-uae-dubai","status":"publish","type":"post","link":"https:\/\/fintechfinder.com\/uae\/blog\/best-online-brokers-trading-platforms-uae-dubai\/","title":{"rendered":"Best Online Stock Brokers &amp; Trading Platforms in Dubai &amp; the UAE (2026)"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Investing has never been cheaper and simpler than in the current day and age. However, choosing the best trading platform has probably never been more challenging. There are many differences between the platforms, including product selection, commissions, competitive price spreads, ease of trading, regulation, etc.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this article, we will save you time and energy by giving our unbiased review of the six best trading platforms available to investors in the UAE.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These platforms also vary in other aspects, such as minimum deposits, different currency support, the ability to automate your investing process, analysis tools, educational content, and more.<\/span><\/p>\n<h2>A short comparison of the best trading platforms in Dubai &amp; the UAE<\/h2>\n<p>&nbsp;<\/p>\n<table>\n<thead>\n<tr>\n<th><b>Broker<\/b><\/th>\n<th><b>Fees for US <\/b><b>stock trading<\/b><\/th>\n<th><b>Minimum deposit<\/b><\/th>\n<th><b>Trading\u00a0<\/b><b>apps<\/b><\/th>\n<th><b>Stocks\u00a0<\/b><b>available<\/b><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/fintechfinder.com\/uae\/visit\/interactive-brokers\"><span style=\"font-weight: 400;\">Interactive Brokers<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">From $0.0005 (Tiered) to $0.005 (Fixed) for US stocks<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">IBKR GlobalTrader, IBKR Mobile<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2714<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.sarwa.co\/invite\/RLLAA29D\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Sarwa<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">$1 or 0.25% of traded value (Sarwa Trade)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Sarwa<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2714 (Sarwa Trade)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\"><a href=\"https:\/\/med.etoro.com\/B12087_A117646_TClick_SFF-en.aspx\" target=\"_blank\" rel=\"noopener\">eToro<\/a><\/span><\/td>\n<td><span style=\"font-weight: 400;\">No commissions (spread and conversion fees may apply)<br \/>\n<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$100<\/span><\/td>\n<td><span style=\"font-weight: 400;\">eToro<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2714<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/fintechfinder.com\/visit\/amana\"><span style=\"font-weight: 400;\">amana<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">No commissions<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$100<\/span><\/td>\n<td><span style=\"font-weight: 400;\">amana<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2714<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.plus500.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Plus500<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">0.006$ per share (higher on other exchanges).<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$100<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Plus500\u00a0<\/span><span style=\"font-weight: 400;\">Trading<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u2714 (Plus500Invest)<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investingintheweb.com\/visit\/xtb\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">XTB<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">$0 on the CFDs on stocks (0.30% markup included in the spread)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">xStation Mobile<\/span><\/td>\n<td><span style=\"font-weight: 400;\">X (only CFDs on stocks)<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Best online stock brokers and trading platforms in the UAE (2026)<\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/fintechfinder.com\/uae\/visit\/interactive-brokers\">Interactive Brokers<\/a><\/strong> | Best global broker overall<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Having been founded in 1978, it is one of the world\u2019s most trustworthy brokers. It offers a wide selection of financial products (stocks, bonds, ETFs, mutual funds, currencies, options, and futures) from more than 150 global markets, at reasonable commissions and low currency exchange fees. The mobile trading app <\/span><a href=\"https:\/\/globaltrader.interactivebrokers.com\/mkt\/?src=ftfw1&amp;url=%2Fen%2Fhome.php\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">IBKR GlobalTrader<\/span><\/a><span style=\"font-weight: 400;\"> is easy to use, even for novice investors.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/www.sarwa.co\/invite\/RLLAA29D\" target=\"_blank\" rel=\"noopener\">Sarwa<\/a><\/strong> | Ideal for automated investing &amp; beginners<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">An online financial advisor which automates the investing for the client. It creates your portfolio based on the level of selected risk and executes the trades automatically. Suitable for beginners and those who do not have the time to invest themselves.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/med.etoro.com\/B12087_A117646_TClick_SFF-en.aspx\" target=\"_blank\" rel=\"noopener\">eToro<\/a><\/strong> | Ideal for low commissions &amp; social trading\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Since being founded in 2007, eToro has amassed over 38 million users by offering commission-free stocks &amp; ETF trading. It also offers other financial products such as options and cryptocurrencies, as well as its innovative social investing service (copying and following other investors).<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/fintechfinder.com\/visit\/amana\">amana<\/a><\/strong> | Best for 0% commissions<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">amana is a UAE-based, regulated brokerage firm with over 15 years of experience in the financial markets. Headquartered in Dubai, it offers an easy and modern way for investors in the Middle East and beyond to access both <\/span><strong>local and global markets<\/strong><span style=\"font-weight: 400;\"><strong>, a<\/strong>ll through a single intuitive app.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/www.plus500.com\/\" target=\"_blank\" rel=\"noopener\">Plus500<\/a><\/strong> | Ideal for CFD trading<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Plus500 is one of the world\u2019s leading CFD brokers, with zero trading commissions when trading CFDs in shares, options, ETFs, commodities, indices, and forex. It also enables trading with physical shares, through its Plus500 Invest service.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/investingintheweb.com\/visit\/xtb\" target=\"_blank\" rel=\"noopener\">XTB<\/a><\/strong> | Ideal for low-fee CFD and forex trading<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">One of the largest global stock exchange-listed brokers, which provides access to forex, indices, commodities, CFDs, and cryptocurrencies in hundreds of global markets. It also features commission-free trades and low spreads.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Below you can find a more detailed review of each platform. Keep in mind that t<\/span><span style=\"font-weight: 400;\">op-tier regulators supervise all the companies mentioned here, such as the UK\u2019s Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySEC), which are listed along with additional regulators (if applicable).<\/span><\/p>\n<h3>Interactive Brokers<\/h3>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-634 aligncenter\" src=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/interactive_brokers_platform-300x169.png\" alt=\"interactive brokers platform\" width=\"501\" height=\"282\" srcset=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/interactive_brokers_platform-300x169.png 300w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/interactive_brokers_platform-1024x578.png 1024w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/interactive_brokers_platform-768x433.png 768w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/interactive_brokers_platform-1536x867.png 1536w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/interactive_brokers_platform.png 1600w\" sizes=\"(max-width: 501px) 100vw, 501px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Having been around since 1978 and surviving multiple financial crises, the <a href=\"https:\/\/fintechfinder.com\/uae\/visit\/interactive-brokers\">Interactive Brokers<\/a>\u2019 major advantage is its reputation. It is also publicly listed on the NASDAQ exchange (ticker: IBKR), which makes it more regulated than some other platforms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other major advantages of using Interactive Brokers are its wide selection of financial products from over 150 markets, solid trade execution (IB SmartRouting), and accepting UAE dirhams (AED).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some downsides of using Interactive Brokers are its complex fee structure, lengthier than average processes of registration and fund deposit, and limited commission-free trading. However, the last point is largely mitigated by the use of narrower spreads and lower FX fees than some of its competitors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Speaking of the fee structure, there are two distinct plans to choose from &#8211; Tiered and Fixed, with the former depending on the trade volume. The fees also vary across different markets and you can see the full fee structure <\/span><a href=\"https:\/\/www.interactivebrokers.ie\/en\/index.php?f=49808\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Interactive Brokers Trader Workstation (TWS) platform also offers many basic and advanced features, such as a demo account, watch lists, alerts and monitoring in real-time, advanced technical analysis tools, and more. One of the downsides of the platform is that the learning curve can be steep for beginners, even with provided educational materials.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <a href=\"https:\/\/globaltrader.interactivebrokers.com\/mkt\/?src=ftfw1&amp;url=%2Fen%2Fhome.php\" target=\"_blank\" rel=\"noopener\">IBKR GlobalTrader<\/a> mobile app is a much more intuitive choice for beginner investors, as it offers stocks, ETFs, and options trading in a more user-friendly format. Other features of the app include <\/span><span style=\"font-weight: 400;\">automatic currency conversions, fractional shares (only for US stocks), and more.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall, Interactive Brokers is a good choice for both beginners and advanced investors looking for a secure broker and access to a large variety of financial instruments.<\/span><\/p>\n<h3>Sarwa<\/h3>\n<p><img decoding=\"async\" class=\" wp-image-631 aligncenter\" src=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/sarwa_platform-300x286.png\" alt=\"sarwa platform\" width=\"350\" height=\"334\" srcset=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/sarwa_platform-300x286.png 300w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/sarwa_platform-1024x975.png 1024w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/sarwa_platform-768x731.png 768w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/sarwa_platform-1536x1462.png 1536w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/sarwa_platform.png 1600w\" sizes=\"(max-width: 350px) 100vw, 350px\" \/><\/p>\n<p style=\"text-align: center;\"><i><span style=\"font-weight: 400;\">Source: robo-advisorfinder.com<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.sarwa.co\/invite\/RLLAA29D\" target=\"_blank\" rel=\"noopener\">Sarwa<\/a> is an investment platform with headquarters in the United Arab Emirates. It differs widely from the rest of the platforms on this list in the regard that it offers automated investing, among other financial products.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is important to note that Sarwa offers different accounts, such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sarwa Invest: automated ETF portfolios<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sarwa Save: low-risk cash management account\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sarwa Crypto: zero-commission cryptocurrency trading<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sarwa Trade: US stock, ETF trading and US option<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">See more info about the Sarwa fee structure for different account types <\/span><a href=\"https:\/\/www.sarwa.co\/pricing\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">. There are no funding or withdrawal fees when using a local UAE bank. The exchange rates for conversions between AED and USD are set at 3.6823 and 3.6639, respectively.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Sarwa Invest account creates a portfolio of low-cost index funds (ETFs) based on the user&#8217;s risk profile. From that point onwards, Sarwa simplifies the investing process by automating rebalancing, reinvesting dividends, and tax optimization. Management fees are set at 0.85% to 0.5% annually, based on the total portfolio value. There is also a 0.1% underlying portfolio cost. Inside Sarwa Invest, you can choose between Conventional, Halal, SRI (Socially Responsible Investing), and Crypto plans. There are also six different risk levels available for each investment plan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sarwa Save is a low-risk cash management account with projected returns of 4.3%, no account minimums and lock-ups, and a 0.50% management fee (there is a Halal variant with a 0.5% management fee as well).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sarwa Crypto offers commission-free crypto trading for top cryptocurrencies, but with 0.75% spreads. There are also market, stop, and limit orders (except for fractional trading, where only market orders are available).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sarwa Trade enables stock &amp; ETF trading, but only on US exchanges, plus US options for $4 per contract. Some features include fractional shares, watchlists, and different order types, but there is no margin trading.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Personalized financial advice and planning with Sarwa\u2019s licensed advisors are also available.<\/span><\/p>\n<h3>eToro<\/h3>\n<p><img decoding=\"async\" class=\" wp-image-623 aligncenter\" src=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/etoro_platform-300x146.jpg\" alt=\"etoro platform\" width=\"501\" height=\"244\" srcset=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/etoro_platform-300x146.jpg 300w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/etoro_platform-1024x498.jpg 1024w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/etoro_platform-768x373.jpg 768w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/etoro_platform.jpg 1360w\" sizes=\"(max-width: 501px) 100vw, 501px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Founded in 2007 and having over 35 million users globally, <a href=\"https:\/\/med.etoro.com\/B12087_A117646_TClick_SFF-en.aspx\" target=\"_blank\" rel=\"noopener\">eToro<\/a> is a well-renowned broker. The platform is most known for its feature called social trading, in which you can follow other investors\u2019 trades and portfolios.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They also offer access to many of the most in-demand financial instruments, such as ETFs, Stocks, Cryptocurrencies, and CFDs on Stocks, ETFs, Commodities, Forex, Indices, and Cryptocurrencies. Commission-free trading is available for ETFs, however, for stocks, fees vary between $1 and $2 per trade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The platform is intuitive and well-suited even for beginners, also offering trading with virtual funds. Account opening and making deposits are both easy and fast.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some of the drawbacks include high spreads for some products, a $5 withdrawal fee, and only supporting one currency (USD). When depositing funds to eToro in AED, the only payment method available is through a debit\/credit card, and there is also a currency conversion fee which depends on the account tier level. You can check the fee structure in more detail <\/span><a href=\"https:\/\/www.etoro.com\/trading\/fees\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><a href=\"https:\/\/www.etoro.com\/customer-service\/islamic-account\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Islamic (swap- and interest-free account)<\/span><\/a><span style=\"font-weight: 400;\"> is also available for all who fund their accounts with at least 1,000 USD and contact their customer service.<\/span><\/p>\n<p><strong>eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n<h3>amana<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1152 aligncenter\" src=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/Screenshot-10-300x150.png\" alt=\"\" width=\"482\" height=\"241\" srcset=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/Screenshot-10-300x150.png 300w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/Screenshot-10-1024x510.png 1024w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/Screenshot-10-768x383.png 768w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/Screenshot-10-1536x766.png 1536w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/Screenshot-10.png 1874w\" sizes=\"(max-width: 482px) 100vw, 482px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">amana is a UAE-based, regulated brokerage firm with over 15 years of experience in the financial markets. Headquartered in Dubai, it offers an easy and modern way for investors in the Middle East and beyond to access both <\/span><b>local and global markets<\/b><span style=\"font-weight: 400;\">, all through a single intuitive app.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It allows users to trade with<\/span><b> 0% commissions<\/b><span style=\"font-weight: 400;\"> on <\/span><b>U.S. and international stocks<\/b><span style=\"font-weight: 400;\">, <\/span><b>ETFs<\/b><span style=\"font-weight: 400;\">, <\/span><b>cryptocurrencies<\/b><span style=\"font-weight: 400;\"> (over 375 digital assets), and <\/span><b>MENA region shares<\/b><span style=\"font-weight: 400;\">, as well as other leveraged products such as forex and commodities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investors looking for a more hands-off approach can use <\/span><b>amana invest<\/b><span style=\"font-weight: 400;\">, a passive investment feature that helps you build diversified portfolios through automated plans. Meanwhile, active traders benefit from <\/span><b>24\/5 U.S. stock trading hours<\/b><span style=\"font-weight: 400;\">, <\/span><b>cashback on every trade <\/b><span style=\"font-weight: 400;\">(up to 20% on every trade), and a <\/span><b>transparent fee structure<\/b><span style=\"font-weight: 400;\"> with no hidden charges.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fractional investing is available, allowing you to buy a portion of high-priced shares like Apple, Tesla, or Amazon with a small starting amount.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">amana also stands out for its <\/span><b>crypto offering<\/b><span style=\"font-weight: 400;\">, supporting hundreds of coins, including Bitcoin, Ethereum, and Solana, with competitive spreads and simple onboarding.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the downside, amana\u2019s product range, while broad, may not include every product (bonds, options,&#8230;) or professional tools offered by global brokers, and access is still region-focused.<\/span><\/p>\n<p>While amana promotes its UAE presence through Amana Financial Services (Dubai) Ltd, clients opening accounts through the amana app are legally contracting with <strong>AFS Global Limited<\/strong>, which is licensed by the <strong>Labuan Financial Services Authority (LFSA)<\/strong>.<br \/>\nClient funds are held in <strong>segregated accounts<\/strong> with reputable banks in accordance with LFSA rules. However, it\u2019s important to note that the <strong>Amana app is not a DFSA-regulated product<\/strong>, and DFSA protections do not apply to Amana app users, even if they are based in the UAE.<\/p>\n<p><b>Disclaimer<\/b><span style=\"font-weight: 400;\">: Investing in physical shares carries risk. Trading leveraged derivatives and volatile digital assets is high-risk and requires caution.<\/span><\/p>\n<h3>Plus500<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-629 aligncenter\" src=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/plus_500_platform-300x146.png\" alt=\"plus 500 platform\" width=\"499\" height=\"243\" srcset=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/plus_500_platform-300x146.png 300w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/plus_500_platform-1024x498.png 1024w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/plus_500_platform-768x374.png 768w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/plus_500_platform.png 1363w\" sizes=\"(max-width: 499px) 100vw, 499px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Founded in 2008, <a href=\"https:\/\/www.plus500.com\/\" target=\"_blank\" rel=\"noopener\">Plus500<\/a> is a trading platform which is offering a wide range of financial products across two distinct account types:<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Plus500 Invest: stocks (physical shares)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Plus500 CFD: CFD investing<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It is also listed on the London Stock Exchange and is available in over 50 countries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The web platform (WebTrader) offers an intuitive interface with access from multiple devices, including a mobile app. There is also a demo account option to test the features and trade with virtual funds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Plus500 offers accounts in 16 different currencies (including USD, EUR, and GBP, but not AED). There is also a currency conversion fee (up to 0.70% of the trade\u2019s realized net profit and loss) and a $10 monthly inactivity fee (following three months of not logging in to the platform).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Plus500 CFD fees come mainly from the buy\/sell (Bid\/Ask) spread, which varies across different instruments. When using Plus500 Invest, there is also a small commission for each trade, depending on the exchange you\u2019re using (0.006$ per share on US exchanges). Read more about their fees <\/span><a href=\"https:\/\/www.plus500.com\/en-SE\/Help\/FeesCharges?productType=CFD\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Islamic (swap-free) accounts are also available for residents of the UAE, and there is also a Plus500 subsidiary in the UAE, which is regulated by the Dubai Financial Services Authority (DFSA).<\/span><\/p>\n<h3>XTB<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-633 aligncenter\" src=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/xtb_platform-300x180.jpg\" alt=\"xtb_platform\" width=\"500\" height=\"300\" srcset=\"https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/xtb_platform-300x180.jpg 300w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/xtb_platform-768x460.jpg 768w, https:\/\/fintechfinder.com\/uae\/wp-content\/uploads\/sites\/10\/2023\/03\/xtb_platform.jpg 996w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Founded in 2002, <a href=\"https:\/\/investingintheweb.com\/visit\/xtb\" target=\"_blank\" rel=\"noopener\">XTB<\/a> is a platform with over 600,000 users and is mainly oriented toward CFD and forex investing. It is regulated by the Financial Conduct Authority (FCA) and listed on the Warsaw Stock Exchange.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The fee structure is somewhat complex, with XTB charging high commissions on CFDs and currencies but low commissions for forex trading. There is an inactivity fee of 10 EUR\/month after one year of non-trading and also in the case of not making a deposit in the previous 90 days. You can find the full fee structure <\/span><a href=\"https:\/\/xtb.scdn5.secure.raxcdn.com\/file\/0101\/66\/actual_table_to_comissions_int_14c6a85c4c.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The account opening and fund depositing process is quick and easy and there is also a demo account available for virtual trading.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Islamic (swap-free) accounts are also available for residents of the UAE, and there is also an XTB subsidiary in the UAE, which is regulated by the Dubai Financial Services Authority (DFSA).<\/span><\/p>\n<h2>Which platform is best for the UAE?<\/h2>\n<p><span style=\"font-weight: 400;\">Various factors need to be considered when choosing an investment platform. There is no single best platform for everyone. We presented the main features of each platform in the article, but we recognise that different investors will value different factors more when making this decision.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some of the most important things to have in mind when choosing an investment platform are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Does it offer the range of financial products I am interested in?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Is it authorised by the Dubai <\/span><span style=\"font-weight: 400;\">Financial Services Authority (DFSA) to provide services in the UAE?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Is it regulated by financial institutions, such as FCA, CySEC, or SEC?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Does it have competitive fees?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">How is the user experience (registration process; web and mobile apps)?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Does it offer an Islamic account?<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">We hope that this unbiased review helps you find the right platform for you.<\/span><\/p>\n<h2>FAQ<\/h2>\n<h3>What is an Islamic account?<\/h3>\n<p><span style=\"font-weight: 400;\">An Islamic account follows the principles of <\/span><span style=\"font-weight: 400;\">shari\u2019a<\/span><span style=\"font-weight: 400;\"> (Islamic law), which forbids the use of interest or interest-based lending in any form. Fortunately, many online brokers can accommodate Muslim traders and offer interest- or swap-free accounts. <\/span><span style=\"font-weight: 400;\">Swaps often bear an interest element.\u00a0<\/span><\/p>\n<h3>What is the difference between a stock and a stock CFD?<\/h3>\n<p><span style=\"font-weight: 400;\">While the stock gives you a property right over a share of the company, the CFD does not. The stock CFD is a derivative contract where the underlying asset is a stock and in which the broker promises to pay you back the difference in value between the time you opened the position and the time you close it. CFDs have a leverage effect: if you buy a stock CFD and its price goes down, you will need to borrow money from the broker to keep the position open. This makes the instrument a risky option that is not suitable for beginners.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investing has never been cheaper and simpler than in the current day and age. However, choosing the best trading platform has probably never been more challenging. There are many differences between the platforms, including product selection, commissions, competitive price spreads, ease of trading, regulation, etc. In this article, we will save you time and energy [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/posts\/621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/comments?post=621"}],"version-history":[{"count":36,"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/posts\/621\/revisions"}],"predecessor-version":[{"id":1205,"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/posts\/621\/revisions\/1205"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/media\/634"}],"wp:attachment":[{"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/media?parent=621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/categories?post=621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechfinder.com\/uae\/wp-json\/wp\/v2\/tags?post=621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}