Best Leveraged Trading Platforms In UAE

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Are you interested in trading with leverage, but you are not sure which is the best leverage trading platform in UAE? We collect information from 105 online brokers and use 9 categories in our assessment to create a list of top choices for UAE traders. The categories we tested are: assets, fees, mobile trading apps, platforms, regulation, deposits & withdrawals, research & education, customer support, and islamic account availability.

Using 214 variables with 3500 data points compared overall, this are the best leverage trading platforms in UAE.

Top 5 Leverage Trading Platforms In The UAE:  

  • FBS – Best Leverage Broker Overall
  • XM – Best for Research & Education
  • IG trading – Best For experienced Traders
  • Capital.com – Best For Beginners
  • IC Markets – Best Trading Fees
RANKBROKERGENERALPLATFORM SCOREMAX LEVERAGE BEST FORWEBSITE
#1FBSVery competitive trading fees3 / 53,000Best Leverage Broker OverallOfficial website
#2XMVery good customer support4.7 / 5888Best for Research & EducationOfficial website
#3IGFor both active traders and investors5 / 5500Best For experienced TradersOfficial website
#4Capital.comIn-depth reliable research4.7 / 5500Best For BeginnersOfficial website
#5IC MarketsGreat choice of different trading platforms4 / 5500Best Trading FeesOfficial website

Top Leverage Trading Platforms in Overview:  

01. FBS: Best Leverage Broker Overall

fbs-rating

FBS is a CySec and ASIC-regulated forex and CFD broker that offers leveraged trading at low costs. Traders can open a FBS account, fund it with any amount, practice trading, and familiarize themselves with the platform first with FBS’s demo paper trading account.

FBS has its own proprietary WebTrader platform but is also compatible with MetaTrader 4 and 5. All orders are executed at lightning speed via FBS’s non-dealing desk (NDD) STP system and FBS provides clients with a free virtual private server. 

On FBS traders can trade CFDs on forex, metals, energies, indices, stocks, and cryptocurrencies with a leverage of up to 1:30 on Standard and Cent accounts, whilst professional and institutional traders can trade with up to 1:3000 leverage.

Apart from having excellent multilingual customer service, FBS has a cutting-edge trading app available for those wishing to trade the markets on the go.

Pros:

  • Highest leverage is 1:3000, minimum needed for a trade is $0.33
  • Leveraged trading available on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms
  • Competitive trading fees for Forex and CFDs
  • Good choice of trading account types

Cons:

  • Low number of CFDs compared to other brokers
  • Futures not available

Key Features:

  • Access thousands of stock, stock index, forex, commodity, and crypto CFDs
  • Up to 1:30 leverage for retail traders and 1:500 for professional traders
  • Offers free $140 account funding
  • Standard, Cent, and Crypto real trading accounts available
  • Demo Standard, Demo Cent, and Demo Crypto accounts available
  • Offers free trading courses, webinars, video lessons, and trading ideas

02. XM: Best for Research & Education

xm-rating

XM Forex is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.

XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.

XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)

Pros:

  • Highest leverage is 1:888, minimum needed for a trade is $1.12
  • Leveraged trading available on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms
  • Competitive trading fees on leveraged trading instruments
  • Good customer support

Cons:

  • Futures not available

Key features:

  • Access to 1,000+ trading instruments
  • Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
  • No re-quotes nor order rejections
  • Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
  • Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
  • Free VPS perfectly suited for EAs and other automated trading software

03. IG trading: Best For experienced Traders

ig-rating

IG is one of the largest and most popular regulated forex and CFD brokers globally. Traders can trade thousands of markets using IGs trading platforms like L2 Dealer and ProRealTime or connect their IG brokerage account with MetaTrader 4.

IG offers educational material, daily market update videos, and both technical and fundamental analysis case studies. If you are new to online trading, you can practice with IG’s free demo paper trading account first. For experienced traders IG offers spread rebates and access to more advanced financial instruments like digital options. 

Pros:

  • Highest leverage is 1:500, minimum needed for a trade is $2
  • Offers 5 different trading platforms for leveraged trading
  • Great choice of leveraged trading instruments
  • Good research and education
  • Good customer support

Cons:

  • Higher fees on stock CFDs

Key features:

  • Trade over 17,000 markets with a broker that has been in business since 1974
  • Access to Turbo24s, and CFDs and options on forex, indices, crypto, stocks, and commodities
  • Unlimited free demo paper trading account
  • Advanced research and analysis tools like L2 Dealer and ProRealTime
  • Access to APIs to set up Expert Advisors and other automated trading software
  • Receive trading signals and alerts to find excellent entry and exit points

04. Capital.com: Best For Beginners

capital-com-rating

Capital.com is a top choice for traders looking for a discount broker with great educational content and resources, advanced research tools and a premium trading interface. They offer a wide range of tradable assets including CFDs on cryptos, stocks, indices, commodities and forex pairs.

Founded in 2016, Capital.com is an international fintech company which has group of entities authorised and regulated by the Financial Conduct Authority (“FCA”), the Australian Securities and Investments Commission (“ASIC”), the Cyprus Securities and Exchange Commission (“CySEC”), and the Financial Services Authority of Seychelles (“FSA”). It does not operate a bank and is not publicly traded.

Choose Capital.com if you are looking for a great mobile trading experience, professional web trading interface, day trading features. Beginner traders will like the low minimum deposit ($20), industry leading commission structure, and award winning education section.

Pros:

  • Highest leverage is 1:500, minimum needed for a trade is $2
  • Leveraged trading available on MetaTrader 4 (MT4) and TradingView trading platforms
  • Great leveraged trading educational resources
  • In-depth research

Cons:

  • Futures not available

Key features:

  • Access to 6.000 tradable symbols and 477 cryptocurrency CFDs
  • High quality research and educational content
  • Patented AI trade bias system
  • $20 minimum deposit
  • No inactivity fees

05. IC Markets: Best Trading Fees

ic-markets-rating

IC Markets is an ASIC and CySEC-regulated broker operating globally. With IC Markets you can trade forex, CFD, and crypto with up to 1:500 leverage. IC Markets has over 2,000 tradable assets and charges low, floating spreads from 0,0 pips. 

IC Markets has multiple trading platforms available and is compatible with MetaTrader, cTrader, myfxbook AutoTrade, and ZuluTrade. Professional traders can open a Raw Spread, Standard or Islamic account at IC Markets, whilst beginners can practice trading with their unlimited demo paper trading account. 

You can fund your IC Markets account by bank transfer, credit card, or e-wallets like PayPal at 0% commission and receive access to a free VPS server after opening an account with them.

Pros:

  • Highest leverage is 1:500, minimum needed for  a trade is $2
  • Leveraged trading available on MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader trading platforms
  • Good research and educational tools

Cons:

  • Futures available only as CFD

Key features:

  • Access to over 2,000 CFDs on stocks, bonds, indices, commodities, forex, and digital currencies
  • Islamic swap-free accounts available on request
  • Compatible with MetaTrader 4, 5, cTrader, ZuluTrade, and Myfxbook AutoTrade
  • Raw spreads from 0,0 pips
  • Well-suited for both beginner and experienced traders
  • Expert Advisors and other forms of automated trading allowed

How We Choose The Best Leverage Trading Platforms  

To get our list of the best Leverage Trading Platforms in UAE we compared 105 online brokers offering leverage trading to UAE citizens in 9 different categories. We only nominated brokers that offer leverage trading and considered their max leverage rates on a different weighting percentage. The rest categories we tested where: platforms, costs, withdrawal & deposit, research & education, assets available, mobile apps, and customer support. Below we break down what exactly was considered in each of the testing categories:

  • Assets: Traders that use leverage should have a range of assets available. Use a broker that offers: Stocks, commodities, futures, mutual funds, forex, bonds, indices, ETFs, and cryptos. 
  • Mobile Trading: Mobile trading platforms work with both iOS, and android. Make sure your broker offers all the trading features you need on its mobile platform. 
  • Fees: Brokers should offer low trading fees, or a 0% fee on trades. Be sure to check on the spread you pay, because this adds to the cost of trades. 
  • Trading platforms: Leverage trading requires a solid trading platform that executes trades fast. If you use automated trading tools, make sure the broker has a good API that works with your tools. 
  • Deposit & Withdrawal: There should be no fees to make a deposit or withdrawal with your broker. Also, make sure the broker you choose accepts payment methods you like. 
  • Regulation: Only trade with brokers that comply with FCA, CySEC, and ASIC regulations. There is no need to risk money with an unregulated broker. 
  • Research & education: Leverage trading is risky, so make sure the broker you choose offers research and educational material. Also, the broker needs to offer access to breaking news, so you are on top of the market. 
  • Customer support: You should choose a broker that has  24/7 support and multiple contact options. Also, make sure that the broker you sign up with speaks your language. 
  • *Islamic Accounts: You can trade with a broker that is compliant with Sharia law in the UAE. We only recommend compliant brokers for leverage trading in the UAE. 

The table below breaks down the best leverage brokers in UAE in each of the categories tested:

BrokerMax. LeverageTrading Platform featuresFeesNon trading related servicesOverall for Leverage
FBS3,0004.74.94.25.0
XM8884.54.54.84.8
IG Trading5005.04.94.14.7
Capital.com5004.74.84.34.7
IC Markets5004.45.04.54.7

What Is Leverage Trading?

Leverage trading means that a trader manages positions that are larger than the amount of money used to back up the position. Unlike margin trading, leveraged trading uses many times the amount of base capital. 

A ratio expresses the amount of leverage used, for example, 20:1. If a trader has a position worth $20,000, and they are using leverage of 20:1, they would have $1,000 securing the position. In this example, a 5% move against the trader would wipe out the capital. 

Forex, futures, options, and CFD traders use leverage. Using leverage requires experience, and risk management skills that new traders don’t have. If you want to use leverage, make sure to educate yourself before trading. 

Pros and Cons of leverage trading in UAE

Leverage is powerful, and can help a trader exaggerate market movements for profit. However, it is dangerous, and the risk of loss rises with the amount of leverage used. Here are the pros and cons of leverage trading in the UAE. 

Pros:

  • Leverage uses less capital to open positions.
  • Easy to create a basket of positions with small investment. 
  • Brokers offer leverage of 100:1 and higher. 

Cons:

  • Losses happen fast in volatile markets. 
  • New traders don’t understand risk management with leverage. 
  • Swap costs add up on positions held for more than a day. 

Which Markets Can You Trade With Leverage in UAE?

Leveraged trading is available for major global markets across many asset classes, and investors in the UAE have access to all these markets. 

Here are the assets and markets that investors trade with leverage:

CFDs
Contracts For Difference (CFDs) are contracts for traders who want to speculate on forex, commodities, stocks, and other global assets. Brokers offer leverage of 100:1 and higher.

Futures
Futures contracts give investors exposure to stock and bond markets, and commodities. Futures traders use leverage, talk to your broker about how much leverage the broker offers.

Options 
Major markets use options contracts to speculate and hedge, and use leverage to cover the value of the contracts. Options exist for stocks, bonds, commodities, cryptos, and other markets.  

What Is Leverage Trading?  

Leverage trading is a mechanism known as margin trading or trading on marking. It allows traders to open trading positions with an online broker and use a small capital. The goal is to take a larger position in the market. 

It uses borrowed funds to boost one’s trading position beyond what would’ve been possible from their funds alone. Online brokers allow UAE traders to use leverage with a brokerage account. Read our in-depth trading reviews to learn more about leverage trading in the UAE. 

Why Should You Consider Leveraged Trading?  

Leveraged trading is rewarding and might lead to exciting revenue gains. It is a complex trading mechanism with the potential for high returns. But we don’t recommend it for new UAE traders. Read our in-depth online trading reviews for insights on online trading risks in the UAE. 

The Risks Of Leveraged Trading  

Leveraged trading in the UAE remains risky. Leverage is a powerful strategy, but it comes with higher risks of losing money rapidly. It is best to start with a minimum trade to avoid losing funds. Online trading mechanisms are reliable, but these might be challenging for beginners. 

Summary  

After analysing and comparing 105 brokers that offer trading with leverage, we consider FBS as the best leverage trading platform in UAE. They offer 1:3000 max leverage for professional traders, a competitive fee structure and a proprietary trading platform with great features for trading on leverage. Investors can trade on stocks, options, futures, commodities, and more with FBS.

FAQ  

Is leverage trading the same thing as margin trading?

Leverage trading and margin trading are different, but both use borrowed money to open positions. Leverage trading uses multiples of the base capital for the total position value, for example, 4x the the value of the money backing the trade.

What is the best asset for leverage trading?

Forex, commodities, CFD and futures trading all use leverage. Traders should understand the market they are trading before using leverage. 

Is leverage trading dangerous?

The losses that result from an incorrect position in a leveraged trade are much higher than a cash position. Using stop loss orders is necessary when using leverage. 

Can I lose all my money with leverage trading?

It is possible to lose all the money in a trading account when using leverage, and risk management is the key to staying safe with leveraged trading. 


Methodology
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education, and research are all part of our six-month evaluation of a broker’s trading platform. The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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