Best OTC Trading Platforms In UAE 2022

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The best OTC trading platforms in UAE are: eToro, Capital.com, AvaTrade, and Pepperstone. eToro is the best copy trading broker in the UAE. Capital.com is a top-ranking OTC trading platform with trustworthy services. AvaTrade is a top choice for experienced traders. 

Each platform has advantages and disadvantages. This article discusses the best OTC platforms in the United Arab Emirates. 

Best OTC Trading Platforms In UAE: 

  • eToro is the best overall broker for OTC trading with access to retail investor accounts. 
  • Capital.com has an excellent reputation as a top OTC trading platform. 
  • AvaTrade is the best OTC platform for professional traders. 
  • Pepperstone has a competitive fee structure for OTC trading. 
RANKBROKERGENERALRANKINGBEST FORWEBSITE
#1eToroFor traders at all levels.4.9 / 5Best overall broker for OTC tradingOfficial website
#2Capital.comOffers two-step authentication4.7 / 5Top OTC trading platformOfficial website
#3Ava TradeDedicated educational center4.6 / 5Best for professional tradersOfficial website
#4PepperstoneExcellent trading tools4.4 / 5Competitive fee structure for OTC tradingOfficial website

Best OTC Trading Platforms In UAE In Overview 

01. eToro: Best Overall Broker For OTC Trading

etoro-rating

eToro is a secure online trading platform with top-tier licenses. It is popular for its commission-free trades and features-rich trading platform. eToro is a top OTC trading platform with access to social trading tools. 

eToro offers CFDs, stocks, indices, currencies, and commodities. It has free deposits and a competitive fee structure. eToro offers many research tools, including charts and forex trading newsfeeds. We recommend it for UAE traders at all levels. 


02. Capital.com: Best Top OTC Trading Platform

capital-com-rating

Capital.com has an excellent reputation and has a top OTC trading platform. It is a good fit for traders looking for excellent platforms and customer service. 

Capital.com has web, mobile, and desktop platforms. All have an intuitive interface and offer two-step authentication. Capital.com has premium research tools, including data on asset fundamentals. We recommend it for beginner UAE traders as it has valuable learning tools. 


03. AvaTrade: Best OTC Platform For Professional UAE Traders

ava-trade-rating

AvaTrade offers an excellent OTC platform for professional traders. It has an interesting fee structure and access to many currency pairs and CFDs. AvaTrade offers valuable learning tools for beginners and forex trading tutorials. 

AvaTrade has a dedicated educational center for both new and advanced traders. It offers free courses, market analysis, and professional advice. Customer support is excellent and available through phone, email, and live chat. AvaTrade has top-tier licenses and uses industry-leading safety measures. 


04. Pepperstone: Best Fee Structure For OTC Trading

pepperstone-rating

Pepperstone is popular because of its low margin rates and competitive fee structure. It has fast account opening and excellent trading tools. Account holders trade many assets, including CFDs, crypto, forex, and shares. Pepperstone is a top choice for OTC and forex trading.

Pepperstone doesn’t have a proprietary mobile app. It offers MT4 and cTrader for trading on the go. UAE traders receive low minimum deposit fees. Pepperstone has above-average research tools. We recommend it for professional and active traders. 


How We Choose The Best OTC Trading Platforms? 

At Business24, we focus on helping smart traders make the best decisions with their capital. We know that the word “best” is subjective, so we aim to share both the strengths and weaknesses of an online trading platform. We use 105 factors to review platforms and assets to help you make an informed decision. 

We review popular OTC platforms with real accounts and money. The main criteria of selection include fees, safety, and tools. 

Fees:  A straightforward fee structure adds to an impressive trading experience. Some OTC platforms have a simple fee structure, others don’t. Check our in-depth reviews to learn more about fees, platforms, and trading volumes. 

Account:  Each OTC trading platform offers different account tiers. Some platforms request a minimum deposit fee. Others won’t require an initial deposit for opening new accounts. Some offer retail investor accounts; others don’t. Read our in-depth reviews to learn more about account tiers and the best trading platforms. 

Withdrawal and deposit:  Funding and withdrawing funds from your account must be simple. Depositing funds takes longer with some platforms than with others. Withdrawing funds incurs additional commissions. Check our in-depth reviews for more information on deposit and withdrawal policies. 

Market and products:  Each trading platform has its market and assets coverage. We recommend you choose a trading platform with a versatile portfolio. Read our in-depth reviews to learn more about platforms and portfolios. 

Trading platforms:  A trading platform with a user-friendly interface contributes to an excellent experience. Choose a platform with an easy-to-learn design. The OTC platforms in our review are secure, but some might be challenging for new traders. 

Customer support:  Support is vital for beginner trading success. Trustworthy and regulated platforms offer phone support, email, and live chat. Read our in-depth reviews to discover more information on customer support and trading platforms. 

Safety:  A secure OTC platform has top-tier licenses from a regulatory body. It offers excellent safety measures for all account holders. We recommend you opt for a trading platform that follows strict rules from a regulatory body. 

How To Open A Trading Account With eToro? 

eToro is the leading OTC trading platform in 2022. It has impressive social trading services and platforms. UAE traders receive access to a competitive fee structure. The minimum trade requirement at eToro is $10. eToro has a minimum deposit fee of $200. Users have to follow four simple steps to sign up with eToro. 

Step 1: Access eToro’s official website 

The first step you have to take is to go to eToro’s main website. Click on this link: https://www.business24-7.ae/etoro-crypto-start.  

Step 2: Click on Get Started 

The next step is to click on Get Started. This button will take you to a personalized page for setting up new accounts. 

Step 3: Create and verify your account 

To trade with eToro, you have to sign up, verify your account, and make a first-time deposit. This process will allow you to use your eToro trading account for online trading. 

Step 4: Start trading 

eToro accounts are a top choice for online trading. This broker offers many digital assets and useful social trading features.  

Summary 

eToro, Capital.com, AvaTrade, and Pepperstone are the best OTC platforms in UAE in 2022. All have strengths and weaknesses depending on your trading skills, experience, and needs. We recommend eToro to traders who want access to secure platforms and premium social trading tools. Pepperstone offers a competitive fee structure for traders at all levels. 

FAQ 

We analyze the best OTC trading platforms across 105 data points. We use real accounts and transactions to test online brokers. Read about our system in our Methodology section. 

How Do Commission-Free OTC Platforms Make Money? 

Free trading platforms make money from the spread. Some online brokers make money from margin trading services. Others get a commission from deposits and withdrawals.

Is OTC Trading Legal In The United Arab Emirates? 

OTC trading is legal in most countries if the broker has top-tier licenses. Checking a brokerage’s firm’s licenses is a must. The Dubai Financial Market follows the rules of the Dubai Financial Services Authority. Most OTC platforms have licenses from the Securities and Commodities Authority. Read our in-depth reviews to learn which OTC online brokers have top-tier licenses.

Which Is The Best OTC Trading Platform? 

The best OTC trading platform differs from trader to trader. eToro is a leading brokerage firm with top-tier licenses and excellent OTC trading services. It is a top choice for traders in the United Arab Emirates.


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.