Ultimate Guide To Choosing The Best Online Trading Platform In UAE

Online trading platforms have brought a new revolution in the way people trade and invest in financial markets. In the United Arab Emirates (UAE), in recent years, online trading has gained much popularity and has become one of the convenient options for people to make investments. With the constant growth of the online trading demand in the UAE, a lot of platforms have been launched that offer a wide range of features, services, and tools to meet the end demand of traders. 

In fact, according to the DFSA (Dubai Financial Services Authority), the total number of online trading accounts in the UAE has increased by 25 percent in the past few years. In this blog, we will discuss the best online trading platforms in UAE 2023. This list of top platforms describes services and features along with fees for trading. 

Future Of Online Trading Platforms in UAE

Online trading platforms in the UAE are the most used digital platforms by investors and traders to access a wide range of financial instruments like derivatives, currencies, commodities, bonds, and stocks. This platform offers traders to sell and buy assets online, execute trades, and manage their portfolios.

top trading platforms in dubai

The online trading industry in the UAE is quite progressive as there are a lot of local and international platforms available for the citizens. These platforms offer a variety of tools and features to meet the end demand of the traders. 

The Dubai Financial Services Authority (DFSA) and other regulatory bodies regulate these online trading platforms. This helps to ensure that all the platforms are transparent, and secure and offer a fair chance to all traders. Overall the best trading platforms in UAE are accessible, convenient, and effective for investors to participate in the financial markets.

Top 6 trading platforms in UAE 2023

1. eToro

eToro is a famous online trading platform in UAE that offers a lot of financial instruments for the trader to trade such as cryptocurrencies, currencies, commodities, bonds, and stocks.


The platform is quite known for its user-friendly interface. Also, it offers social trading, that allows traders to follow and copy the strategies of other successful traders. Launched in 2007, still E-toro is one of the best online trading platforms in UAE.

Features and Services offered

  • Wide range of financial instruments.
  • Advanced trading analysis and tools.
  • A huge and active community of traders on the platform.
  • All-time customer support.
  • Copy Trading and Social trading.

Fees for trading

E-Torro charges a withdrawal fee and trade spreads fee. The trading fee on eToro depends on the size and type of trade and instrument.

User-Friendliness and convenience

E-Torro has got a user-friendly interface and a lot of educational material, tools, and resources for new traders. Users can access this platform on mobile as well. This makes it quite convenient for traders to manage their trades.

2. Plus500

Plus500 is one of the well-known online trading platforms that offer a trading facility for numerous financial instruments like commodities, indices, stocks, currencies, and cryptocurrencies.

Plus 500

This platform is known for its reliable and fast trade executions. Moreover, it also offers competitive fees. 

Features and Services offered

  • A lot of financial instruments like stocks, commodities, currencies, and much more.
  • Range of risk management tools like stop loss and negative balance protection.
  • Reliable and Fast Trade Execution.
  • 24/7 Customer Service and Support.

Fees for the trading

There is a spread fee charged on the Plus500. The spread fees depend on the market conditions and the financial instruments. Along with that, there is also a withdrawal fee based on the amount being withdrawn.

User-friendliness and Convenience

Plus500 offers clear and easy-to-use trading tools and charts with an easy-to-understand interface. The platform offers a wide range of rinks management tools to traders. Furthermore, there is a mobile application available for managing a portfolio from anywhere.

3. ADCB Securities

ADCB securities are one of the subsidiaries of Adu Dhabi Commercial bank. It offers a wide range of investment options like mutual funds, bonds, equities, and various other securities.

ADCB Securities

It offers a variety of research tools and real-time updates that helps investors to make data-driven decision. ADCB securities put a lot of emphasis on security to ensure that all the users’ financial and personal information is secured.

Features and Services Offered

  • Several Investment options like equities, mutual funds, and bonds.
  • A user-friendly interface makes it quite accessible to all kinds of investors.
  • Comprehensive Security Support including both online and telephonic support.
  • Advanced security practices to protect users’ information and funds while making a transaction.

Fees And Charges

ADCB charges a variety of trading fees. The fee amount may vary based on the size of the trade and various other factors some of the common fees charged are commission fee, account maintenance Fee, inactivity fee, and withdrawal fee. It is important to note that this fee can change over time, so it is always recommended to review fees at regular intervals.

User Friendliness and Convenience

ADCB Securities aims to offer a convenient and easy-to-use online trading platform as they are one of the best trading platform in UAE. They offer a mobile trading application that allows traders to trade. The app is available for both Android and iOS devices that offers real-time market data and features. Also for new traders, there are a variety of resources to learn about trading and investments.

4. IG

IG is another top trading platform offering a wide range of financial instruments like currencies, cryptocurrencies, commodities, and stocks.


This platform offers advanced trading tools and analysis with an easy-to-understand user interface and expert trade ideas. IG is regulated by the FCA in the UK and ensures that the user funds are safe and secure. 

Features and Services Offered

  • Educational resources and tools for new traders.
  • High Quality 24/7 Customer support.
  • Advanced trading tools and features.
  • Cryptocurrency trading with other financial instruments.

Fee and charges

The fee and charges for trading on IG include the spreads on trades ( the difference between ask and bid price). In addition, to spread the fee, there is a withdrawal fee. The fee can vary based on the withdrawal method chosen.

User-friendliness and Convenience

IG offers a great overall experience to the traders. It is a quite well-designed platform that is easy to use and quite intuitive. The platform features are quite organized and clean, making it much easier for traders to choose tools and features. These top-class services and features make them on the list of best online trading platforms in UAE, for investors.

5. Saxo Bank

Saxo Bank is another popular online trading platform in the UAE. Saxo Bank is a Danish Investment bank that offers a wide range of financial services and products including trading.

Saxo trader

The platform offers access to a wide range of financial instruments such as cryptocurrencies, bonds, forex, and commodities.

Features and Services offered

  • Variety of Financial Instruments including forex and bonds.
  • Advanced trading tools for analysis and charting.
  • Mobile application for traders for both iOS and Android devices.
  • Different payment options like e-wallets, debit and credit cards, and bank transfers.

Fee and Charges

Saxo bank charges different types of fees including commission fees, Inactivity fees, Account Miantience fees, and Deopirtory Fee. It is important to note that these fees keep on changing from time to time. Hence traders need to review it on regular basis.

user-friendliness and Convenience

Saxo bank is designed to offer a convenient and user-friendly trading experience for traders. Some of the features that make Saxo bank User friendly are the Intuitive platform, a Customizable trading platform, Mobile trading, and Easy account Management makes them the best trading platform in UAE. Further, it also provides Market Research and Insights for traders to make informed decisions.

6. E-Trade

E-Trade is well known online trading platform that offers a variety of investment options such as mutual funds, ETFs, Options, stocks, and much more.


The platform is known for its user-friendly interface, competitive pricing, extensive analysis, and research tools. This makes it a comprehensive platform for different investment strategies.

Features And services offered

  • Offers a wide range of online trading platforms including both mobile and web.
  • E-trade offers real-time market data, financial news, and analysis.
  • An extensive amount of research and analysis tools.
  • An Intuitive trading platform for all levels of traders.

Fee and Charges

  • E-Trade charges a commission fee for every trade, the fee amount can vary on the size and security of the trade. Also, there is an annual maintenance fee for some of the accounts and an additional fee for different services like wire transfers.

User-Friendliness and Convenience

E-Trade’s extensive analysis and research tools make it quite easy and accessible for investors and traders to use the platform. The mobile trading app also allows traders to execute trades and manage their portfolios from anywhere around the world.

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Importance Of Choosing the Right Trading Platform

It is quite important to choose the best online trading platform in UAE, before starting trading. Due to a variety of reasons listed in the following section.

  • Cost: the fee and charges associated with the trading account or trade can add up over time, so it is quite essential to choose a platform that offers competitive fees and rates.
  • User-friendliness: An online trading platform should be easy to use and intuitive for all types of traders so you can easily access the information and execute trades, without spending too much time on learning.
  • Different Investment Options: A lot of online trading platforms offer almost all kinds of financial instruments for you to trade, but it is important to choose the best trading platforms in UAE, which align with your investment strategies and goals.
  • Research and Analytics tools: The availability of quantitative investment analytics tools and research documents can help you make much better trading decisions, so you should choose a platform that offers all the required robust tools.
  • Customer Support: Good customer support is quite important, especially when you face some difficulty with the trade or need some help with understanding account features. Choose a platform that is quite helpful and responsive.
  • Security: Your financial and personal information needs to be securely stored on an exchange to prevent any loss or misuse of information. You should choose a platform that offers a robust security mechanism.

In summary, the best online trading platforms in UAE, offer a variety of investment options such as cryptocurrencies, stocks, commodities, and much more. They have got the best user-friendly interface and offer a wide range of tools that helps you to do analysis and search. Further, there are strong security measures in place to protect all of your financial and personal information. 

Choosing the right platform is quite important and it is highly dependent on your investment strategies, goals, and needs. Before making any decision, you should compare the different trading platforms that align with your requirements.

Frequently Asked Questions

1. What is an online trading platform?

An online trading platform is a software or a website that offers a platform to traders in investors to trade, buy or sell financial instruments such as securities, bonds, and stocks through a simple interface.

2. What different kinds of investments can be made through trading platforms in UAE?

There are a lot of types of investments that you can make through online trading platforms in the UAE that includes, including cryptocurrencies, commodities, currencies, and stocks. So always start with the best trading platforms in UAE before starting trading.

3. How is it safe to use online trading platforms for trading in UAE?

Online trading platforms in UAE uses advanced security measure to protect the financial and personal information of their clients. However, as with investing, there is some risk involved. Hence it is quite important to search and understand all the potential risks before making any investment.

4. Are there any fees charged for using online trading platforms in UAE?

Yes, there are some fees associated with using online trading platforms that include, including account management fees, trading fees, and other charges. The fees can differ depending on platforms so it is essential to do complete research and compare several platforms before making any final decision.

5. What should I consider while selecting an online trading platform in UAE?

There are numerous factors to consider while choosing an online trading platform in UAE such as investment options, fees, user-friendliness, and convenience of the platform. Further, you should also check the security in place so it protects all your financial and personal information. It is quite essential to know the investment goals, needs, and strategies before choosing any platform.

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