This guide helps users to find the best forex brokers in UAE with high leverage. Trading with leverage is a popular trading instrument in UAE as it allows trading with bigger positions and increases potential for profits and in turn losses. Due to the variety of brokers that offer trading with leverage and different conditions of their service, it can be a daunting task to choose the ideal option for individual needs.
Comparing, researching and evaluating different providers and their services can help traders to select a broker with high maximum leverage, low fees, wide range of currency pairs and reliable trade execution.
This guide assesses 77 online brokers in UAE that offer trading with leverage. To help users make an informed decision, forex brokers are evaluated and reviewed considering fees, number of currency pairs, max leverage, minimum deposit, risk management tools, customer support, and educational materials.
To help users analyze and find the ideal option for their needs, the 5 best high leverage forex brokers in UAE are listed below.
Best High Leverage Forex Brokers in UAE
- eToro – Best Overall High Leverage Forex Broker
- Capital.com – Best High Leverage Trading Platform
- Libertex – Offers 600:1 Leverage for Professional Traders
- Skilling – Offers 500:1 Leverage
- AvaTrade – Best High Leverage Broker for Expert Traders
- VantageFX – Top High Leverage Forex Broker
- FinmaxFX – Offers 200:1 Leverage for Retail Traders
- Plus500 – User-friendly Forex Broker that Offers High Leverage Forex Trading
- Forex.com – Offers over 90 Forex Pairs for Forex Traders and High Leverage
- FXTM – Offers the Highest Leverage of 1000:1
Top High Leverage Brokers Reviewed
The highest rated high leverage forex brokers in UAE are reviewed below.
1. eToro – Best High Leverage Forex Broker for UAE Traders
Min Deposit: $50
Assets available: 4.8
Leveraged and speculative product. Not suitable for all investors. You should consider whether you can afford to take the high risk of losing your money. Capital is at risk.
2. Capital.com – Best High Leverage Trading Platform in the UAE
Min Deposit: $20
Assets available: 4.7
79.17% of retail CFD accounts lose money
3. Libertex – Offers 600:1 Leverage for Professional Traders
4. Skilling – Offers 500:1 Leverage to UAE Forex Traders
5. AVAtrade – Best High Leverage Broker for Expert Traders
Min Deposit: $100
Assets available: 4.9
Total Fees: 0.9 pip
71% of retail CFD accounts lose money
6. Vantage – Top High Leverage Forex Broker
Min Deposit: $200
Assets available: 2.1
74-89% of retail CFD accounts lose money
7. FinmaxFX – Offers 200:1 Leverage for Retail Traders
8. Plus500 – User-friendly Forex Broker that Offers High Leverage Forex Trading
Min Deposit: $100
Assets available: 2.9
CFD Service. Regulated by the DFSA. Trading carries risk.
9. Forex.com – Offers over 90 Forex Pairs for Forex Traders and High Leverage
Min Deposit: $100
Assets available: 4.1
10. FXTM – Offers the Highest Leverage of 1000:1
How to Choose The Ideal Forex Broker For Trading With High Leverage in UAE?
Criteria that need to be considered to select the optimal forex broker for trading with leverage are listed below.
- Number of forex trading instruments
- Maximum leverage ratios
- Requirement for trading with leverage (some brokers require additional verification)
- Fees (trading fees and non-trading fees)
- Trading Platforms and Third Party Integrations ( MetaTrader 4, MetaTrader 5, cTrader, TradingView)
- Reputation (number of users, number of positive user feedback, number of tier-one licences)
- Personal Preferences (Religion, Language, Trading style)
Top Brokers With High Leverage Compared
Key features of the top rated high leverage forex brokers in UAE are compared in the table below.
|Nr. of Forex Pairs
|Spreads on EUR/USD
|30:1 (EU), up to 200:1 (non-EU)
|30:1 (EU), 600:1 (non-EU)
|30:1 (EU), 500:1 (non-EU)
|30:1 (EU), 300:1 (non-EU)
|200:1 (US), 400:1 (non-US)
|0.1 to 0.5 pips
What is High Leverage Forex Trading?
High leverage forex trading is the practice of borrowing big amounts of money from brokers to open larger positions. Traders can trade the markets with small amounts of their own money and take bigger risks with high leverage forex trading because both the profit and loss potentials are multiplied. Brokers charge traders swap and overnight fees for borrowing money from them.
What is the Best Leverage for Forex Trading?
The best leverage for forex trading depends on your risk appetite. The higher the leverage, the more risk you take. Trading with higher leverage can increase your profits but also your losses. Some asset classes like cryptocurrencies are very volatile. Brokers don’t offer high leveraged trading on volatile assets because this is risky.
Why Should I Trade With leverage?
You should trade with leverage because you can trade with larger amounts of money by borrowing from your broker. This increases your profit potential.
High Leverage Trading Tips
We recommend traders that want to trade with high leverage to use trailing-stop orders and other risk management tools the broker offers, understand the value of a pip before opening a trade, apply a risk-reward ratio, and use the high leverage only for short-term trading.
Getting Started with High Leverage Forex Trading
You get started with high leverage forex trading by opening an account with a forex broker. In this guide, we will explain how to do this with eToro.
Open a Forex Trading Account
You open a forex trading account at eToro by going to the eToro website, clicking on ‘Sign Up’, choosing a username and password, filling in your email address, and accepting the terms and conditions. It is possible to sign up with Google or Facebook instead.
When you have created your account, you will need to verify your identity. You do this by going through the KYC procedure and uploading a picture of your passport, driver’s license, or national ID card, and a recent utility bill or bank statement.
Once your account is verified, you need to deposit funds into it. You do this by logging in to your account, clicking ‘Deposit’, and choosing a preferred payment method and the amount you want to trade with.
Practice High Leverage Trading with a Demo Account
We recommend practicing high leverage trading with a forex demo account before trading high leverage with real money. This way you familiarize yourself with the process.
Start Trading with Leverage
Once you are ready to trade with leverage with real money, start doing so with low leverage ratios and slowly move up to a level you are comfortable with.
Due to the wide range of available brokers, it can be difficult to compare and evaluate their service to find the ideal option. To make an optimal choice for their needs, traders need to collect relevant data and reviews them considering certain criteria.
Based on our review, we consider eToro as the best forex broker in UAE for leverage trading. Despite leverage rates of 1:400, they offer great copy trading features, an intuitive trading platform, and free demo accounts.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Leveraged and speculative product. Not suitable for all investors. You should consider whether you can afford to take the high risk of losing your money. Capital is at risk. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Crypto assets are unregulated& highly speculative. No consumer protection. Capital at risk.
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.