The best MetaTrader brokers in UAE are XM, Pepperstone, IC Markets, FP Markets, FX Pro, Vantage FX. New investors choose the user-friendly services at XM Group. Active traders choose Vantage FX because of its excellent pricing for higher balances.
Each MetaTrader broker has strengths and weaknesses. This article discusses the best MetaTrader brokers.
6 Best MetaTrader Brokers 2023
- XM – Has the best offer for new traders
- Pepperstone – Best MetaTrader Broker With Add-ons
- IC Markets – Is the best overall MetaTrader broker
- FP Markets – Has competitive pricing
- FXPro – Has average pricing and excellent services
- Vantage – Has excellent pricing for higher balances
|RANK||BROKER||GENERAL||PLATFORM SCORE||BEST FOR||WEBSITE|
|#1||XM||Leading educational content||4,1/5||Best offer for new traders||Official website|
|#2||Pepperstone||Useful learning tools||3,8/5||MetaTrader suite with add-ons||Official website|
|#3||IC Markets||Straightforward fee reports||4,5/5||Best overall MetaTrader||Official website|
|#4||FP Markets||Virtual trading account||4,3/5||Competitive pricing||Official website|
|#5||FXPro||Offers insights from education leaders||4,1/5||Excellent services||Official website|
|#6||Vantage||Excellent mobile apps||4,3/5||Best pricing for higher balances||Official website|
TOP 6 MetaTrader Brokers in UAE Reviewed
1. XM – Best Offer For New Traders
Min Deposit: $5
Assets available: 2.8
75.59% of retail CFD accounts lose money
2. Pepperstone – Best MetaTrader Broker With Add-ons
Min Deposit: $0
Assets available: 4.8
3. IC Markets – Best Overall MetaTrader Broker
Min Deposit: $200
Assets available: 3.6
73.59% of retail CFD accounts lose money
4. FP Markets – Versatile MetaTrader Broker With Competitive Pricing
Min Deposit: 0
Assets available: 3.1
75.31% of retail CFD accounts lose money
5. FXPro – Best Online Trading Services With Average Pricing
Min Deposit: $100
Assets available: 2.9
75.18% of retail CFD accounts lose money
6. Vantage – Best Pricing For Higher Balances
IC Markets, FP Markets, XM Group, Pepperstone, FxPro, Vantage Fx, and Swissquote are leading MetaTrader brokers. IC Markets is our top choice because of its comprehensive offer and services. XM Group is an excellent choice for new traders, while Swissquote is a good fit for professionals.
How To Choose A MetaTrader Broker?
We recommend you read our in-depth online broker reviews to learn about MetaTrader brokers. Most brokers offer a demo account to test their offering and help you decide which is the best choice for you.
Is There Any Difference Between MT4 and MT5?
MT4 is the prior generation of software, while MT5 is the latest one. MT4 is widely available and offers access to hundreds of 3rd party addons. MT5 does not support all of those 3rd party addons and instead, adds support for stock options trading and futures trading. MT5 includes premium functions, including cloud storage and historical backtesting. Related: best MetaTrader4 trading platforms
Is Copy Trading And Automated Trading Available With MetaTrader?
How To Create A Less Risky Automated Trading Strategy?
There are both advantages and disadvantages to automated trading. Reading about these services in our in-depth review is useful when creating the best strategy. A reliable automated trading strategy starts with research. Learning the trading methodology might lead to excellent results. Comparing historical performances to similar automated strategies offers useful insights. Our professional advice is to test each new strategy in a demo account and then with a small amount of capital. If the strategy is profitable, increase the capital invested over time.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
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.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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.