Best Dubai Financial Services Authority (DFSA) Regulated Brokers 2025
We’ve personally tested and ranked the top brokers regulated by the Dubai Financial Services Authority (DFSA), ensuring high standards of trust and reliability.
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1XM is a well-known forex and CFD broker with over 15 million clients in more than 190 countries. Since 2009, it has offered low trading fees on over 1000 instruments. It is highly regulated by authorities like ASIC and CySEC and provides a complete MetaTrader experience.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.8 Pepperstone, established in Australia in 2010, is a highly-regarded forex and CFD broker serving more than 400,000 international clients. It provides access to over 1,300 instruments through leading trading platforms such as MT4, MT5, cTrader, and TradingView, while keeping fees relatively low and transparent. The company is regulated by known authorities including FCA, ASIC, and CySEC, offering a safe trading environment for all. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.8 Founded in 2002 in Poland, XTB now serves over 1 million clients. This forex and CFD broker offers a regulated trading environment with a wide range of assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with excellent tools for aspiring traders. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.1 Plus500, founded in 2008 and based in Israel, is a leading brokerage with more than 25 million registered traders across 50+ countries. The company specializes in CFD trading, provides a user-friendly platform and mobile app, and offers competitive spreads. It does not impose commission, deposit, or withdrawal fees. Plus500 holds the trust of its traders by being licensed by well-known regulators such as FCA, ASIC, and CySEC. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.7 Founded in 2007, Axi is a forex and CFD broker regulated by multiple authorities. It has enhanced its trading experience by expanding stock offerings, upgrading the Axi Academy, and launching a copy trading app.
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Safety Comparison
Compare how safe the Best Dubai Financial Services Authority (DFSA) Regulated Brokers 2025 are.
Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
Compare the cost of trading with the Best Dubai Financial Services Authority (DFSA) Regulated Brokers 2025.
Broker Popularity
See how popular the Best Dubai Financial Services Authority (DFSA) Regulated Brokers 2025 are in terms of number of clients.
Broker | Popularity |
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Plus500 |
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XM |
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XTB |
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Pepperstone |
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Axi |
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Why Trade With XM?
With a $5 minimum deposit, advanced charting on MT4 and MT5, a growing range of markets, and a Zero account with spreads from 0.0, XM offers what traders need. They have even won our 'Best MT4/MT5 Broker' award recently.
Pros
- XM excels in trader education by providing well-organized resources like webinars, tutorials, and live trading sessions via XM Live.
- XM offers over 1,000 instruments, giving traders various short-term opportunities, including turbo stocks, fractional shares, and thematic indices.
- XM’s Zero account is ideal for trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, without requotes or rejections.
Cons
- The XM app is user-friendly and offers unique copy trading products, but its technical analysis tools need enhancement for advanced traders.
- The XM global entity is generally reliable and well-regulated but is registered with the less robust IFSC regulator. It no longer accepts UK clients, limiting its market reach.
- XM is lagging because it doesn’t offer cTrader and TradingView, which are now preferred over MetaTrader for their better user interface and charting tools.
Why Trade With Pepperstone?
Pepperstone is a leading choice for trading with low spreads, quick execution, and advanced charting for experienced traders. New traders benefit from no minimum deposit, a wealth of educational resources, and 24/7 support. Operating under ASIC regulation, Pepperstone is a top option for Australian traders and won DayTrading.com's 'Best Aus Broker' award for 2025.
Pros
- Pepperstone is a low-cost broker, ideal for serious traders. The Razor account offers spreads from 0.0, with rebates up to 30% for indices and commodities, and $3 per lot for forex through the Active Trader program.
- Pepperstone provides impressive transaction completion speeds, averaging about 30ms. This allows for quick order processing and execution, making it suitable for traders.
- Pepperstone has simplified deposits and withdrawals, adding Apple Pay and Google Pay in 2025, and PIX and SPEI for Brazilian and Mexican clients in 2024.
Cons
- Despite expanding its market range, crypto options are limited compared to other brokers in this area, and there is no option to invest in actual coins.
- Pepperstone's demo accounts last for 30 days. This might be insufficient for learning the various platforms and testing trading strategies.
- Pepperstone does not support cTrader Copy, a popular feature in the cTrader platform available at alternatives like IC Markets, though it has launched an intuitive copy trading app.
Why Trade With XTB?
XTB is a leading choice for new traders due to its exceptional xStation platform, no commission costs, no mandatory deposit, and high-quality educational resources, most of which are smoothly incorporated into the platform.
Pros
- XTB provides an extensive set of educational resources such as training videos and articles on its platform, making it suitable for traders of all skill levels.
- XTB provides swift same-day withdrawals for requests made before 1 pm. This grants traders prompt access to their funds.
- Signing up for an XTB account is simple and entirely digital, taking only a short while. This enables a seamless transition into trading for new traders.
Cons
- The demo account ends in four weeks. This is a limit for traders wanting to fully explore the xStation platform and try out strategies before using actual money.
- XTB's research tools are decent but could be improved by expanding beyond their own features to include top external tools like Autochartist, Trading Central, and TipRanks.
- XTB does not provide a raw spread account. This is often given by competitors such as Pepperstone. This can be of disadvantage to traders searching for the narrowest spreads.
Why Trade With Plus500?
Plus500 provides a streamlined experience for traders through a modern and dynamic CFD trading platform. However, its research tools are limited, it charges higher fees compared to some brokers, and its educational resources can be improved.
Pros
- You can use leverage in both long and short positions to create more strategic trading opportunities.
- The broker provides free trading in different markets, which reduces extra costs and interests experienced traders.
- Plus500 offers a WebTrader platform specifically made for CFD trading. It presents a neat and straightforward interface.
Cons
- Algorithmic trading and scalping are not permitted, potentially discouraging some traders.
- Without social trading, users cannot mimic the trading actions of experienced traders.
- Compared to competitors like IG, Plus500's research and analysis tools are somewhat limited.
Why Trade With Axi?
Axi is an excellent choice for trading forex on the MetaTrader 4 platform. It offers over 70 currency pairs, the MT4 NextGen upgrade, and tight spreads from 0.2 pips with the Pro account.
Pros
- Axi provides an excellent MT4 experience, enhanced with the NextGen plug-in for advanced order management and analytics, featuring low execution latency of about 30ms.
- The expanding educational resources in the Axi Academy, including free eBooks, video tutorials, and interactive quizzes, effectively support beginner traders.
- Axi's new copy trading app is intuitive, offering helpful filtering options to align strategies with individual risk preferences.
Cons
- Even after expanding its stock CFDs in US, UK, and EU markets, it is far less extensive than firms like BlackBull, which offer thousands of equities for diverse opportunities.
- Axi's support is not available 24/7, which can inconvenience traders in different time zones or those needing help outside regular trading hours, despite performing well when used.
- Axi remains reliable, but recent issues with the ASIC and FMA require it to consistently ensure a secure environment while complying with licensing conditions.
Filters
Introduction to the Dubai Financial Services Authority (DFSA)
The Dubai Financial Services Authority (DFSA) is dedicated to regulating financial services within Dubai’s International Financial Centre (DIFC), including overseeing online brokers. This guide ranks top brokers regulated by the DFSA and explains their regulations, actions, and trader protections.
What Does the DFSA Do?
The DFSA aims to create a financial environment in Dubai that is honest, open, and efficient. It strives to protect and enhance the financial climate for both investors and service providers by ensuring high regulatory standards. Their goal is to be a respected leader in financial regulation both in the UAE and globally.
History of the DFSA
Here’s a quick look at some important moments in the DFSA’s history:
- 2004 – The DFSA was established on September 13 as an independent entity within the DIFC.
- 2004 – The regulator council held its first meeting in October.
- 2005 – The DFSA moved to its registered headquarters.
- 2010 – Launched its official website in Arabic, expanding communication with local markets.
- 2012 – The European Commission recognized DFSA’s audit system as on par with EU standards.
- 2014 – Published its first Anti-Money Laundering report.
- 2016 – Updated its website and launched a mobile app to increase accessibility.
- 2017 – Began offering licenses to FinTech firms through an Innovation Testing License.
The DFSA celebrated its 15th anniversary in 2019 by registering its 500th firm.
Purpose of the DFSA
The DFSA was created to ensure that financial markets are fair, transparent, and efficient. It oversees regulated entities to make sure they follow the laws and rules. As with most regulated brokers, before any new firm can offer financial services in the DIFC, they need approval and registration with the DFSA.
DFSA’s Main Goals
The DFSA has several key responsibilities:
- Increase public understanding of financial regulations in the DIFC.
- Protect investors and guide new traders in the financial industry.
- Identify and prevent activities that could harm the reputation of the DIFC.
- Maintain economic stability in the finance sector by reducing system-wide risks.
- Ensure the financial services industry operates fairly, efficiently, and transparently.
Core Principles
The DFSA adheres to key principles to guide its regulatory efforts:
- Use resources efficiently.
- Support the DIFC’s mission as outlined in Dubai Law.
- Help the DIFC develop as a world-respected financial center.
- Ensure regulation costs are proportional to benefits.
- Cooperate with other regulatory bodies globally.
- Act transparently, including publishing annual reports.
Regulatory Framework
The DFSA’s regulatory scope includes various financial services such as asset management, insurance, and banking within the DIFC. It also combats money laundering and terrorism financing. The DFSA’s rule-making process often includes public consultation, allowing traders to comment on proposed rules. International reviews from entities like the IMF and World Bank ensure fair practices.
Organizational Structure
The DFSA is led by a chairman, currently Fadel Abdulbaqi Al Ali, alongside directors and an executive team. They handle:
- General Counsel
- Human Resources and Operations
- Committees on risk, audit, and legislative matters
- Board of Directors that include a Chairman and Chief Executive
The DFSA collaborates globally with other regulatory entities to provide fair guidelines for traders.
Investment Tokens
In October 2021, the DFSA revised rules for cryptocurrency and digital investments. It includes protocols for trading tokens like security and derivative tokens. They promote these guidelines to build a safe trading environment.
Recognition and Initiatives
The DFSA has been recognized with several awards, such as the Best Regulator for Islamic Funds in 2007. Their initiatives also include a program called Tomorrow’s Regulatory Leaders, creating career opportunities for UAE nationals, and a financial awareness initiative for the community.
Feedback and Critiques
Despite making significant progress, DFSA’s fees are considered high compared to other regulators like CySEC. Yet, traders can trust in their strict compliance standards, which are crucial for reliable financial services.
Conclusion on the DFSA
The DFSA is committed to maintaining a safe and transparent trading environment within the DIFC, aligning with international regulators, and prioritizing corporate social responsibility. If you’re considering a broker, ensure they are listed on the DFSA’s official website. Check our list of DFSA regulated brokers to start trading safely.
FAQ
How Do I Verify If a Broker Is DFSA Registered?
You can search for registered brokers using the DFSA’s online company search tool to ensure the broker is regulated.
How Can I Contact the DFSA?
You can reach the DFSA by phone at +971(0)43621500 during office hours from Sunday to Thursday, 8 AM to 5 PM (GMT+4).
Does the DFSA Cover FinTech Firms?
Yes, the DFSA started licensing FinTech firms in 2017, allowing them to participate in online trading environments.
Is Cryptocurrency Regulated by the DFSA?
Yes, since October 2021, guidelines exist for trading security and derivative tokens, requiring compliance from traders.
When Was the DFSA Established?
The DFSA was established in September 2004 to ensure fairness, transparency, and efficiency in financial services.