Best Offshore Trading Platforms In UAE 2022

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Our guide to the Best Offshore Trading Platforms in UAE tells you everything you need to know. We compare 105 online brokers in 9 categories in this guide. The categories include: assets, platforms, fees, mobile trading apps, research & education, customer support, regulation, deposits & withdrawals, and islamic account availability.

The methodology we use includes 214 variables and 3500 data points to find the Best Offshore Trading Platforms in UAE.

Best Offshore Trading Platforms and Broker In UAE – List

  • Interactive Brokers – Bests For Stocks and ETFs
  • – Best Fore Research and Education
  • TradeStation – Best for Active Traders and Futures
  • IC Markets – Best For Forex and CFDs
  • eToro – Best For Beginners and Cryptocurrency
#1Interactive BrokersGreat choice of different trading instruments4.9 / 5Bests For Stocks and ETFsOfficial website
#2Capital.comVery good customer support4.7 / 5Best Fore Research and EducationOfficial website
#3TradeStationGreat trading platforms (Desktop & Mobile)3.7 / 5Best for Active Traders and FuturesOfficial website
#4IC MarketsGood research and educational tools4 / 5Best For Forex and CFDsOfficial website
#5eToroGreat Social trading service4.9 / 5Best For Beginners and CryptocurrencyOfficial website

Best Offshore Brokers In UAE Reviewed 

01. Interactive Brokers: Bests For Stocks and ETFs


Interactive Brokers is a highly trusted global broker with a well-rounded offer of tradable markets, great educational content and sophisticated order type configuration. It is a high trusted and well capitalize company with an industry leading trading platform, a competitive fee structure and great global market access. Their low entry level and the Global Trader platform, which is intuitive and easy to use trading station, make this broker s great choice for beginners and advanced forex traders.

Professional and seasoned traders will appreciate the great selection of advanced trading tools and order type configurations available on their proprietary Trader Workstation desktop platform (TWS).


  • Great choice of range of trading instruments
  • Professional trading platforms suitable for both active traders and investors
  • Competitive trading fees


  • Limited deposit and withdrawal options

Key features:

  • Margin loan rates on stocks of 1.3%
  • Access to 135+ global markets
  • Advanced order types, tools and features
  • Access to frictional shares
  • Lowest commissions in the industry

02. Best Fore Research and Education

capital-com-rating 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, 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 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.


  • Reliable customer support
  • In-depth research
  • Good option for all types of traders


  • Few deposit and withdrawal options

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

03. TradeStation: Best for Active Traders and Futures


Tradestation is a reputable online broker known for its technology-leading trading platforms, great selection of tools and zero commission stock and ETF trading. Their industry leading trading platform suite combines a desktop, web and mobile version which are all performing above industry average. Tradestation offers a great selection of most popular asset classes including stocks, cryptos, options, futures, ETFs and IRAs.

Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO).  Minimum deposit is $2000 and there are no monthly charges. 


  • Great range of trading instruments
  • Solid trading platforms (Desktop & Mobile)
  • Good customer support


  • Research and education section lacks depth 

Key features:

  • Access to over 20,000 stocks, ETFs, options, futures, mutual funds, bonds, and other financial instruments.
  • Early-access to newly listed securities via TradeStation’s IPO trading platform
  • Broad range of research and analysis tools for advanced traders like FuturesPlus, TSCrypto, Discover, and Insights
  • Fully paid stock lending and margin trading available
  • Low floating spreads, commissions, and other trading fees
  • Perfect for both beginner and advanced traders

04. IC Markets: Best For Forex and CFDs


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.


  • Choice of trading platforms (Desktop & Mobile)
  • Reliable customer support
  • Good research and educational tools


  • Lacks wide range of trading instruments

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

05. eToro: Best For Beginners and Cryptocurrency


eToro is a reputable global brand and industry leading broker for copy trading. Their robust and cutting edge copy trading platform and social trading features allow users to copy trades and portfolios from professional traders and investors.

As a CFD multi asset broker, eToro allows users to trade on over 3075 different symbols including stocks, forex, cryptos, indices and commodities. Trading spreads are wide, deposits are free and account minimum is low. There are conversion and inactivity fees. eToro provides a comprehensive list of technical tools, charts, and newsfeeds. Their customer support is available through email and live chat in Arabic and English.

eToro is a well established market maker broker with a clean history record, regulated by top tier regulators.

eToro AUS Capital Ltd ACN 612 791 803 AFSL 491139. OTC Derivatives are speculative and leveraged. Not suitable for all investors. Capital at risk. See PDS and TMD


  • Trading platform easy to use and simple to navigate
  • Social trading service
  • Reliable customer support
  • Free Research and Education


  • Not suitable for professional traders

Key features:

  • Sophisticated social-copy trading features
  • Multiple different payment options
  • Crypto exchange and brokerage services on the same dashboard
  • Super fast registration and KYC on-boarding process
  • Zero commission stock trading
  • Great ease of use level

How do we select Best Offshore Trading Platforms In UAE?

Our guide to the Best Offshore Trading Platforms in UAE leverages a database of 105 online brokers in 9 different categories. The categories used for offshore brokers are: platforms, costs, research & education, assets available, customer support, regulation, mobile apps, withdrawal & deposit, and islamic accounts. 

  • Assets: Your offshore broker should offer many assets for trading. These options should include: ETFs, stocks, commodities, mutual funds, bonds, futures, forex, indices, and cryptos. 
  • Mobile Trading: Trading on your smartphone is simple with mobile trading platforms built for Android and iOS. Make sure your broker gives you the mobile trading tools you need. 
  • Research & education: Offshore brokers have research and educational assets so you can trade well. Make sure the broker you choose has free information for you to read and watch. 
  • Customer support: Brokers should have 24/7 customer support so you can deal with problems fast. Make sure your broker speaks a language you understand, so communication is easy. 
  • Fees: Trading fees add up, so make sure you understand the fees your broker charges. Brokers that offer 0% trading fees are a good choice to make it simple to understand trading costs. 
  • Trading platforms: You need to have access to a trading platform that is simple to use, and easy to understand. Make sure your broker gives you breaking news updates, and historical price data. 
  • Deposit & Withdrawal: Deposits and withdrawals should be free with your broker. Make sure the broker you choose has payment options you like. 
  • Regulation: The FCA, CySEC, and ASIC offer protection for investors with strong regulations. Only trust your money to a broker who is compliant with regulations in a top-tier market. 

*Islamic Accounts: Offshore traders in the UAE should choose a broker that is compliant with Sharia law. Our guide will help you find the right broker for your trading needs. 

What Are Offshore Brokers?

Offshore brokers are brokers based in a jurisdiction outside of UAE that offer you the option to trade and invest in securities and other assets by opening a brokerage account with them. Traders and investors often use offshore brokers to evade capital gains tax in their home country. They use their offshore brokerage accounts to hold, invest, and trade all kinds of financial instruments without the need to provide information about the source of funds. In most cases, companies have offshore brokerage accounts as individual traders and investors don’t benefit as much from offshore trading as institutions do. 

What Are The Main Advantages and Disadvantages Of Using An Offshore Brokerage Account as a UAE Resident?

The most common reason for traders to sign up with an offshore broker is to avoid home country trading regulations, to avoid taxes, to trade with higher leverage or have more privacy and flexibility.

Since UAE residents do not have trading restrictions (No hedging and Fifo rule that US residents and no leverage restrictions that EU traders have) and UAE does not have a capital gain and a dividend tax (there is no need for tax avoidance), the only reason why UAE resident would opt for an offshore broker over a domestic one is the quality of the brokerage service.


  • Tax benefits
  • Higher leverage rates
  • Privacy and flexibility
  • Better brokerage service


  • Extra costs for account opening
  • Financial and legal risks

Better Brokerage Service

Trading with an offshore broker compared to UAE local brokers gives you access to the main global markets and asset classes. With an offshore brokerage account, you can trade and invest 24/7 in stocks, ETFs, forex, bonds, options, futures, commodities, indices, mutual funds, cryptocurrencies, and other financial instruments from across the globe.

Expensive Account Opening

Offshore brokerage firms usually have very high minimum deposit requirements. You cannot expect to open an offshore brokerage account with a few hundred Dirham as is possible with regulated brokers like eToro, AvaTrade, and

Financial and Legal Risks

Offshore and unregulated brokers cannot be fully trusted. As they don’t have to follow any laws or trading rules, they can scam their clients whenever they want to. It is also a known fact that offshore brokers often evade taxes and keep illegal information from their clients. For this reason, countries like the United Arab Emirates and economic zones like the European Union have tightened their tax laws.

What Are The Main Risks To Consider When Trading With an Offshore Broker?

It is important to know that trading with an offshore broker means that you are dealing with an unknown, unregulated broker. As offshore brokers are not overseen by any regulatory body or government, any funds held in accounts with them are at risk of being stolen. You cannot file a complaint with the UAE Best Business Bureau or take the broker to court if this happens. For this reason, we recommend doing extensive due diligence before opening an offshore brokerage account. 


Day trading and crypto trading have become very popular in the UAE. For this reason, more brokers and trading platforms are now accessible from the UAE that allow individuals to day trade the markets. There are some things to consider when choosing the right trading platform or broker for you. In this article, we told you what you need to know to find your ideal trading platform. We recommend eToro as the best offshore trading platform in UAE. 


Is it legal to trade with an offshore broker as a UAE-resident

Yes, it is legal to trade with an offshore broker as UAE-resident. However, you should keep in mind that the safety of your funds isn’t guaranteed and that you cannot take legal action if the broker disappears with your money.

Are offshore brokers reliable?

The offshore brokers in our list of best offshore brokers and trading platforms in UAE are considered reliable brokers with a stellar reputation. Although they are reliable, we still recommend you to do your due diligence before choosing a broker to trade with..

Are Offshore Platforms Trustworthy? 

If you selected a regulated online broker, trading is safe. Remember that online trading comes with some risks depending on your trading experience. Check our in-depth reviews to learn more about UAE brokers, financial markets, and safety.

Which Is The Best Offshore Trading Platform In The UAE? 

eToro is the top provider of trading services for UAE traders. It offers a comprehensive portfolio and social trading services. eToro is one of the best forex brokers for professional traders.

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.

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 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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