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Richard Berry
- October 17, 2023
Use our comparison tables to compare the best United Arab Emirates MT4 brokers authorised and regulated by the DFSA. Choose or switch to an MT4 broker that offers the most markets, best pricing and client security. You can read our reviews after we have personally tested these MT4 brokers, interviewed the company CEOs and compared pricing and market access.
Top MT4 Brokers in the UAE & Dubai
Forex.com
Forex.com has an excellent MT4 offering for forex trading in the UAE. AS well as MT4, Forex.com also have their own proprietory trading platform with in-house trading signals and with 12,000 markets for 25 commodities, with spreads as low as 0.8 for gold trading and 0.3 for crude oil. UAE Address: Forex.com (StoneX): Office 48D Almas Tower Jumeirah Lakes Towers PO Box 125942 Dubai, UAE
Forex.com MT4 Review
Name: Forex.com MT4
Description: Trade on Metatrader 4 with Forex.com and benefit from tight spreads, fast trade executions and unique trading tools. Download and explore automated trading strategies with Expert Advisors from FX Blue. Choose from nine different EAs to complement your trading style, including Sentiment Trader.
Summary
- MT4 markets available: 84+
- Minimum deposit: £100
- MT4 account types: CFDs & spread betting
- Equity overnight financing: 2.5% +/- SONIA
- Pricing: Shares 0.08%, FTSE 1, GBPUSD 0.9
Pros
- Spread betting
- Good pricing
- Backed by StoneX
Cons
- Limited market range
- Better signals and analytics on their main platform
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Pricing
(4)
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Market Access
(4)
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Online Platform
(4)
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Customer Service
(4.5)
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Research & Analysis
(4.5)
Overall
4.2Pepperstone
Pepperstone has a very comprehensive package of automated trading tools on MT4 and offers the most markets (1,200+) to trade. UAE Address: Pepperstone Financial Services (DIFC) Limited – Office 1502, Al Fattan Currency House, Tower 2 – Dubai – United Arab Emirates
Pepperstone MT4 Review
Name: Pepperstone MT4
Description: With Pepperstone’s MT4 account you get 85 pre-installed indicators and 28 additional Smart Trader Tools where you can build and run your EAs using MetaQuotes Language 4 (MQL4) and identify statistically significant market movements with Autochartist.
75.6% of retail investor accounts lose money when trading CFDs with this provider.
Summary
- MT4 markets available: 1,200
- Minimum deposit: £1
- MT4 account types: CFDs, spread betting
- Equity overnight financing: 2.5% +/- SONIA
- Pricing: Shares 0.1%, FTSE 1, GBPUSD 0.9
Pros
- Good range of indicators
- Dedicated to MT4 & MT5
- Lots of international shares
- Spread betting
Cons
- Can be too complicated for beginners
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Pricing
(4.5)
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Market Access
(4.5)
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Online Platform
(4)
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Customer Service
(4)
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Research & Analysis
(3.5)
Overall
4.1IG
IG is one of the largest global brokers operating in the UAE with a vast selection of markets to trade with great liquidity. UAE address: IG Limited – Level 27, Currency House – Tower 2, Dubai International Financial Centre, Dubai, 506968, United Arab Emirates
IG MT4 Review
Name: IG MT4
Description: IG’s MT4 package gives instant access to 18 free add-ons and indicators. Trade in sizes as small as 0.01 lots as a CFD or spread bet and get minimum spreads from just 0.6 pips on a host of forex pairs.
70% of retail investor accounts lose money when trading CFDs and spread bets with this provider.
Summary
- MT4 markets available: 91
- Minimum deposit: £250
- MT4 Account types: CFDs, spread betting, DMA, investing
- Equity overnight financing: 2.5% +/- SONIA
- Pricing: Shares 0.1%, FTSE 1, GBPUSD 0.6
Pros
- Backed by IG
- Spread betting i the UK
Cons
- Limited market range
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Pricing
(4)
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Market Access
(4)
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Online Platform
(4)
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Customer Service
(4)
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Research & Analysis
(4)
Overall
4CMC Markets
CMC Markets has a really good CFD sentiment tool and over 200 markets on MT4 to trade. UAE Address: CMC Markets Middle East Limited. Unit 2903, Level 29, ICD Brookfield Place, DIFC, PO Box 507183, Dubai, UAE
CMC Markets MT4 Review
Name: CMC Markets MT4
Description: Competitive spreads on 175+ FX pairs, plus indices and commodities with no restrictions on scalping and no restrictions on minimum stop-loss or take-profit distances, or stop-loss and take-profit limits. Additional premium MT4 indicators and EAs, included at no cost on a London-located server.
74% of retail investor accounts lose money when trading CFDs with this provider.
Summary
- MT4 markets available: 200+
- Minimum deposit: £1
- MT4 account types: CFDs, spread betting
- Equity overnight financing: 2.9% +/- SONIA
- Pricing: Shares 0.1%, FTSE 1, GBPUSD 0.59
Pros
- Backed by CMC Markets
- Scalping
- Lots of premium indicators
Cons
- Limited market access compared to main platform
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Pricing
(4)
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Market Access
(4)
-
Online Platform
(4)
-
Customer Service
(4)
-
Research & Analysis
(4)
Overall
4FAQs:
Here are the answers to the most commonly asked questions by people searching for the best CFD brokers in Dubai and UAE.
We have ranked Pepperstone globally as the best MT4 broker (they also have an office in Dubai) as they offer a wide range of markets and low costs.
Yes, we have tested with real money all the MT4 brokers we feature (as well as interviewed the CEOs). You can read our MT4 broker reviews on our main MT4 broker comparison page.
Yes, you can trade on MT4 with a DFSA-regulated broker like Pepperstone, CMC Markets, City Index or IG.
MT4 brokers in Dubai are regulated by the Dubai Financial Services Authority (DFSA). You should only trade with a DFSA regulated broker if you are planning on using MT4 in the UAE.
