Best Forex Broker in Middle East

Forex brokers in Middle-East

When we talk about forex brokerage and trading, we often refer to western countries. However, many countries are apart from Europe, North America, Singapore, and others with matured and well-developed forex markets. MENA, or the Middle East and North African countries, are also catching up quite fast in this area. Today, MENA is considered one of the most favored business and trade destinations in the world.

Because of its oil reserves, its role and importance are extraordinarily vital and critical. Further, it also is one of the most vital global currency exchange hubs in the world. Therefore, it is not surprising to note that some of the strongest, powerful and reputed forex brokers are either registered or incorporated in various MENA countries such as Kuwait, UAE, Israel, Tunisia, and Lebanon.

If an excellent broker wants to be the Best Forex Brokers in the Middle East, he needs to be the UAE's top forex broker.

Top forex trading companies in Dubai and regulated forex brokers in UAE are :

Hotforex or HF Markets Forex Broker in the Middle East

This regulated forex broker has an Average Spread of EUR/USD around 1.2, an excellent dashboard for all clients, and fast deposit and withdrawal options. It has perfect regulations worldwide and in UAE and Europe, Canada, etc. Various platforms, mobile trading, a minimum deposit of $50, etc., are just part of the excellent conditions that this forex and CFD broker has.

Avatrade Forex Broker in the Middle East
This broker works since 2006. It has a lot of Islamic traders and excellent Islamic account conditions. This regulated broker offers spread from 1.3 pips for EURUSD and has fast deposit and withdrawal options.

XM Forex Broker in the Middle East
The broker claims to be a specialist for Islamic trading. It means that it pays to focus on trading following Islamic law, which bans dealing with interest. Here it means that there is no swap interest for overnight positions.
XM offers an Average Spread EUR/USD of around 1.6 pips. It is an FCA Authorised (UK) broker and regulated broker in the Middle East. The minimum Initial Deposit is $5. XM has excellent support and desktop and mobile web platforms.

Forex Trading companies in Lebanon

In this Table below are presented forex trading companies that have the most clients from Lebanon:

Broker
Rating	IC Markets	eToro	XTB	Trading212	FP Markets	Pepperstone	XM	Plus500	FXPrimus	Roboforex	EasyMarkets
locality	?????	?????	?????	?????	?????	?????	?????	?????	?????	?????	?????
Regulation	IC Markets accept Kuwait clients	eToro accept Kuwait clients	XTB accept Kuwait clients	Trading 212 accept Kuwait clients	FP Markets accept Kuwait clients	Pepperstone accept Kuwait clients	XM accept Kuwait clients	Plus500 accept Kuwait clients	FXPrimus accept Kuwait clients	Roboforex accept Kuwait clients	easyMarkets accept Kuwait clients
Min Deposit	Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego	Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)	Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217	International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)	Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546	Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)	Cyprus Securities and Exchange Commission (CySEC)	Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
Funding	200	200	No minimum deposit	1	100	200	5	100	100	1	100
	Bank transfer	Bank transfer	Bank transfer	Bank transfer	Bank transfer	Bank transfer	Bank transfer	Bank transfer	Bank transfer	Bank transfer	Bank transfer
	Credit Card	Credit Card	Credit Card	Credit Card	Credit Card	Credit Card	Credit Card	Credit Card	Credit Card	Credit Card	Credit Card
	Paypal	Paypal	Paypal	Paypal	Paypal	Paypal	Paypal	Paypal	Paypal	Paypal	Paypal
Used By
Benefits	60,000+	12,000,000+	250,000+	14,000,000+	10,000+	10,000+	70,000+	15,500+	10,000+	10,000+	142,500+
	Allows scalping	Offers STP	Allows scalping	Allows hedging	Allows scalping	Allows scalping	Allows scalping	Low min deposit	Allows scalping	Allows scalping	Allows scalping
	Allows hedging	Low min deposit	Allows hedging	Offers STP	Allows hedging	Allows hedging	Allows hedging	Offers Negative Balance Protection	Allows hedging	Allows hedging	Allows hedging
	Low min deposit		Offers STP	Low min deposit	Offers STP	Offers STP	Low min deposit		Offers STP	Offers STP	Low min deposit
	Offers Negative Balance Protection		Low min deposit	Guaranteed stop loss	Low min deposit	Low min deposit	Offers Negative Balance Protection		Low min deposit	Low min deposit	Guaranteed stop loss
			Offers Negative Balance Protection	Offers Negative Balance Protection	Offers Negative Balance Protection	Offers Negative Balance Protection					Offers Negative Balance Protection
Accounts
	Demo account	Demo account	Pro account	Demo account	Demo account	Demo account	Demo account	Demo account	Demo account	Demo account	Demo account
	Mini account	Micro account	Demo account		Mini account	Mini account	Micro account	Standard account	Micro account	Micro account	Micro account
	Standard account	Mini account	Micro account		Standard account	Standard account	Standard account	Islamic account	Mini account	Mini account	Mini account
	Zero spread account	Standard account	Mini account		Zero spread account	ECN account	Zero spread account		Standard account	Standard account	Standard account
	Raw Spread account	Islamic account	Standard account		ECN account	Islamic account	Islamic account		ECN account	Zero spread account	Islamic account
	Islamic account		Islamic account		Managed account				Managed account	ECN account
					Islamic account				Islamic account	Islamic account
Spreads
	fixed spreads	fixed spreads	fixed spreads	fixed spreads	fixed spreads	fixed spreads	fixed spreads	fixed spreads	fixed spreads	fixed spreads	fixed spreads
	variable spreads	variable spreads	variable spreads	variable spreads	variable spreads	variable spreads	variable spreads	variable spreads	variable spreads	variable spreads	variable spreads
Platforms
Support	MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps	MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps	MT4, MT5, Mac, Web Trader, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps	MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps	MT4, Web Trader, Tablet & Mobile apps
	Live chat	Live chat	Live chat	Live chat	Live chat	Live chat	Live chat	Live chat	Live chat	Live chat	Live chat
	Phone support	Phone support	Phone support	Phone support	Phone support	Phone support	Phone support	Phone support	Phone support	Phone support	Phone support
	Email support	Email support	Email support	Email support	Email support	Email support	Email support	Email support	Email support	Email support	Email support
Learn More
	SIGN UP WITH	SIGN UP WITH	SIGN UP WITH	SIGN UP WITH	SIGN UP WITH	SIGN UP WITH	SIGN UP WITH	SIGN UP WITH	SIGN UP WITH	SIGN UP WITH	SIGN UP WITH
Risk Warning	ICMARKETS	ETORO	XTB	TRADING212	FPMARKETS	PEPPERSTONE	XM	PLUS500	FXPRIMUS	ROBOFOREX	EASYMARKETS
Demo	Losses can exceed deposits	75% of retail investor accounts lose money when trading CFDs with this provider.	79% 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.	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.	Losses can exceed deposits	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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	Your capital is at risk	76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.	Losses can exceed deposits	Losses can exceed deposits	Your capital is at risk
	IC MARKETS	ETORO	XTB	TRADING 212	FP MARKETS	PEPPERSTONE	XM	PLUS500	FXPRIMUS	ROBOFOREX	EASYMARKETS
Excluded Countries	DEMO	DEMO	DEMO	DEMO	DEMO	DEMO	DEMO	DEMO	DEMO	DEMO	DEMO
	AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA	US, IR, KP, BE, CA, JP, SY, TR, IL, HK	US, IN, PK, BD, NG , ID, BE	US	US, JP, NZ	BR, KR, IR, IQ, SY, JP, US	US, CA, IL, KR, IR, MM, CU, SD, SY	BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO	AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC.	US, JP	US

They are innovative and enterprising.

It would also be pertinent to mention here that the MENA region has rich experience and expertise in trading, launching, investing, and other innovative projects. Further, it would also be pertinent to mention here that the currency exchange activities in many of the MENA countries have, over the years, become an integral part of the business profile or the entire region. They are often considered to be the drivers, movers, and shakers of the forex business in this part of the world.

This perhaps explains that a few MENA countries regularly attract some of the most famous and popular conferences and expos focused on Forex investment and other such commodity trading activities. Hence, if you are keen on associating with some of the best forex brokers in the Middle East, you will not have much of a problem. Apart from crude oil exports, forex trading and real estate activities are pretty solid and impressive in many middle-east countries. These events attract thousands of visitors from across the world. They include some of the most famous forex traders and brokers from various countries in the west and other parts of the world. Many of them use these expos, conferences, and events as a meaningful launch platform for the new B2B contacts. This helps them to ensure that the projects get started relatively quickly, especially in these MENA nations.

What makes them so very different?

Though there are thousands of forex brokers worldwide, many brokers in the MENA countries have made a special place for themselves over the years. This is because of their reputation for being safe and reliable brokers. Further, some of the countries in the middle-east also offer secure and dependable business destinations. They also provide comfortable business and trading conditions for all their clients. This includes both private traders and also large-sized financial institutions.

There Are Many Traders

Once you have been able to gather some information and gain some knowledge about these forex brokers in the middle-east, you will be able to shortlist and then pick and choose the best based on their expertise, experience, and other attributes. However, before deciding to do business with them, it would be prudent to take the required inputs and hire them only after going through the good due-diligence process.

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Best Forex Broker in Middle East

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