Best CFD Trading Platform in UAE | 2023 Lowest Fees CFD Brokers

Capital.com is an online CFD broker regulated by the FCA, ASIC, and CySEC. They allow users to trade on over 6,400 CFD instruments with low fees and with up to 30:1 leverage. Trading-wise they offers 3 different mobile apps (Trading app, Investmate app and MT4), a proprietary desktop platform and Tradingview integration. This provides everything users need to successfully trade the CFD markets including real-time price quotes, dynamic charts, order book information, and basic risk management tools such as stop losses and take profits.

All of the platforms offers access to a variety of assets, which are mostly available as CFDs:

• 1,000 real stocks and 3600 stocks as CFDs
• 138 forex CFDs
• 29 crypto CFDs
• 33 commodity CFDs
• 130 Indices as CFDs

With trading fees build into the spreads that average at 1,1 pips during peak trading hours, Capital.com fees are average compared with other CFD brokers.

The broker also provides its users with a broad range of educational material in the form of online courses, trading guides, podcasts and webinars, which is great for beginners and casual traders who want to step-up their game.

Users can open a live trading account for as low as $20, or practice with a freely available $10,000 demo account first to familiarize themselves with the trading platform.

AVAtrade is a FSMA-regulated forex and CFD broker that allows retail traders to trade over 1,250 CFDs on forex, stocks, commodities, indices, and cryptocurrencies with up to 30:1 leverage. 

AvaTrade users have access to a variety of proprietary trading platforms (Web Trader, AvaTradeGO, AvaOptions, and AvaSocial) and external platform add-ons including MetaTrader 4, 5, ZuluTrade, and DupliTrade. This makes the platform an interesting choice for traders looking to use different trading styles: automated (social/copy) trading, algorithmic trading, scalping and short selling. 

With floating spread-based trading fees on CFDs averaging at 0,22 pips, AVAtrade’s fees are low compared to other regulated CFD brokers. 

AvaTrade also offers extensive range of research tools and educational material like tutorial videos, trading guides, technical analysis indicators and an economic calendar. Those are great to have when you are new to CFD trading.

Account opening at AvaTrade starts at $100. Beginners can practice CFD trading strategies with a free paper trading account pre-loaded with $100,000.

With simple buy/sell options, an intuitively designed trading app and social/copy trading features, eToro is an interesting choice for beginner CFD traders. 

Trading-wise eToro offers a user friendly proprietary platforms (Web Trader) and social/copy trading extensions through CopyTrader – this allows users to copy CFD trades of professional traders automatically from their own accounts. To make it even easier for beginners, eToro offers Smartporfolios, which are pre-made thematic portfolios that beginners can copy/paste without any previous research needed.

eToro users get access to over 5,000 CFD instruments including:

• 2,800 CFDs on stocks
• 250 Indices & Funds CFDs
• 54 Commodity CFDs
• 32 Crypto CFDs

Although eToro offers commission-free trading on some CFDs, their overall spreads are wider compared to other brokers (see the table below).  eToro also charges inactivity and withdrawal fees of $10 per month and $5 per transaction, which makes them finish average in the fee category.

eToro has great customer support, available 24/7 in both Arabic and English via email, live chat, and by phone.

Interactive Brokers offers is among the biggest online brokers in the industry and offers access to a staggering range of over 8,000 different CFDs on shares, indices, metals and forex. Users also have access to a great variety of trading tools including level 2 quotes, trade hotkeys, direct market routing and price alerts, which make this broker an interesting choice for day traders.

Interactive Brokers charges competitive trading fees on CFDs starting at 0,05%. Overnight financing is priced at +/- 1,5% with spread discounts up to 75% for active traders. These fees are great for day traders as most other brokers charge fees on a spread, or per-order basis. 

The maximum leverage offered by Interactive Brokers is 5:1 as margin requirements are only 20% and all orders are executed within 40 ms by the use of IB’s SmartRouting technology. 

Interactive Brokers also offers great educational content in the form of short videos, webinars, podcasts, and blog posts.

Professional traders have access to over 100 different order types and up to 3,33% APY on idle cash balances. On the other hand beginners are able to trade CFDs the same way as stocks, because of IBKR matching all CFD orders with hedge-orders making sure that these are filled instantly. 

Saxo Bank is a CFD broker regulated by the Central Bank of the UAE that provides users access to over 9,000 different CFDs on stocks, indices, commodities, forex, and cryptocurrency ETPs. 

Their proprietary platform (SaxoTraderGO) features 50+ technical indicators, integrated trade signals, news feeds, and innovative risk management features such as advanced order types and price signal services. Those are great tools to have as a professional trader, but can be a bit overwhelming for beginners to start with.

The platform additionally offers access to a vast library of educational resources, including live events, webinars, tutorial videos, podcasts, and SaxoStrats.

With trading fees ranging from $0,70 to $3,00 /order, Saxo Bank trading fees on CFDs are  competitive compared to other brokers. For active and high volume traders Saxo Bank even offers the lowest fees in the industry.

With only 5% margin requirements on CFDs, users can trade with up to 20:1 leverage on Saxo Bank. However, the broker’s minimum deposit requirement of $2,000 is quite steep compared to other brokers.

Saxo Bank offers an Islamic swap-free account for Muslim traders that want to trade according to Sharia Law.