Best CFD brokers in UAE compared
The table compares the three brokers we cover on the points that matter most to UAE residents. The UAE's financial regulator, the Securities and Commodities Authority (SCA), is now called the Capital Market Authority (CMA). Firms inside the Dubai International Financial Centre (DIFC) are regulated by the Dubai Financial Services Authority (DFSA) instead.
XS, Pepperstone and Capital.com for UAE residents
| Broker | Regulators | UAE licence | Swap-free for UAE residents | Minimum deposit | Platforms | Trading commission |
|---|---|---|---|---|---|---|
| XS | ASIC, CySEC, FSCA, FSA Seychelles, Labuan FSA, FSC Mauritius, UAE CMA | UAE CMA licence No. 20200000339 for arrangement and advice (Category 5), not a retail trading licence; no DFSA licence | Swap-free option available; confirm the terms for your account | No minimum (Standard account) | MetaTrader 4, MetaTrader 5 | None on Standard; spreads from 1.1 pips on EUR/USD |
| Pepperstone | ASIC, FCA, CySEC, BaFin, DFSA, SCB, CMA Kenya | DFSA licence F004356 for the DIFC; its UAE CMA licence is for arrangement and advice to professional clients, not retail trading | No: the UAE is not on its eligible-country list | $10 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | None on Standard (spread-only); per-lot commission on Razor |
| Capital.com | FCA, CySEC, ASIC, UAE CMA | UAE CMA Category One dealing licence No. 20200000176 (Capital Com MENA Securities Trading LLC); no DFSA licence | Yes | $20 | Capital.com web and app, MetaTrader 4, MetaTrader 5, TradingView | None; no deposit, withdrawal or account fees |
XS
XS was established in Australia in 2010 and works through eight licensed entities, including ASIC (374409), CySEC (412/22), the FSCA in South Africa (53199), the Seychelles FSA (SD089) and the FSC in Mauritius (GB25204786). Which entity opens your account depends on where you live.
In the UAE, XS holds a CMA licence (No. 20200000339) through XSTrade Financial Consultation L.L.C. It is a Category 5 licence for arrangement and advice, not a retail trading licence, and XS has no DFSA licence. Check which entity your account opens under before you deposit.
The Standard account has no minimum deposit and no commission, with spreads from 1.1 pips on EUR/USD. XS runs MetaTrader 4 and MetaTrader 5 only, and a swap-free account option is available. A $400 deposit with XS through our link also unlocks the Best Trading Signal signals free. Trading CFDs carries a high level of risk to your capital. This is a paid affiliate link: we may earn a commission if you open an account. It does not change our ranking or what we publish about them. Visit XS
Pepperstone
Pepperstone is regulated by seven retail regulators: ASIC, the FCA, CySEC, BaFin, the DFSA, the Securities Commission of The Bahamas and the CMA in Kenya. Its DFSA licence (F004356) covers the Dubai International Financial Centre, so for UAE retail clients the DFSA is the licence to check.
Pepperstone also holds a UAE CMA licence (No. 20200000358), but it is a Category 5 licence for arrangement and advice to professional clients. It is not a retail trading licence.
The minimum deposit is $10, and you can trade on MetaTrader 4, MetaTrader 5, cTrader or TradingView. Pepperstone offers swap-free accounts only to residents of an eligible-country list, and the UAE is not on that list. If you need a swap-free account as a UAE resident, look at Capital.com or XS instead. Risk warning (Pepperstone, Jul–Sep 2026): 72.9% of retail investor accounts lose money when trading CFDs with this provider under FCA and CySEC, 75.2% under BaFin, 79.6% under SCB and 75–95% under CMA. The figure depends on the licensed entity your account is opened with. Make sure you understand how CFDs work and whether you can afford the high risk of losing your money. This is a paid affiliate link: we may earn a commission if you open an account. It does not change our ranking or what we publish about them. Visit Pepperstone
Capital.com
Capital.com is the only broker of the three with a UAE dealing licence. Capital Com MENA Securities Trading LLC holds a UAE Capital Market Authority Category One dealing licence, No. 20200000176. It does not hold a DFSA licence. The wider Capital.com group is also regulated by the FCA in the UK, CySEC in Cyprus and ASIC in Australia.
The minimum deposit is $20. Capital.com charges no trading commission and no deposit, withdrawal or account fees, and you can open an account in AED. Withdrawals are processed within 24 hours, although the time the money takes to arrive depends on your payment method.
You can trade on the Capital.com web platform and app, MetaTrader 4, MetaTrader 5 (with Expert Advisors) or TradingView. Swap-free (Islamic) accounts are available to residents of the UAE, Saudi Arabia, Kuwait, Qatar, Bahrain and Oman. Trading CFDs carries a high level of risk to your capital. This is a paid affiliate link: we may earn a commission if you open an account. It does not change our ranking or what we publish about them. Visit Capital.com