Yes, it is fine to trade forex in the UAE with CMC Markets as they have a local office in Dubai and are regulated by the DFSA.
CMC Markets UAE Forex Trading Review
Name: CMC Markets UAE Forex Trading
Description: CMC Markets offers good FX sentiment tools and over 388 forex pairs to trade. The broker has over 300,000 active clients trading online and is operated from 13 global offices (including Dubai), with headquarters in The City of London.
Summary
CMC Markets is one of the best UAE trading platforms for high-frequency and active FX traders. It’s a good choice for those who want to trade currency on tight spreads, with a platform built on exceptional tech.
- DFSA Reference Number: F002740
- UAE Address: CMC Markets Middle East Limited. Unit 2903, Level 29, ICD Brookfield Place, DIFC, PO Box 507183, Dubai, UAE
Pros
- Excellent trading platform
- Good liquidity
- Unique sentiment tools
Cons
- Trading only, no investing account
- Limited smaller cap stocks
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Pricing
(4.5)
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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
(3.5)
Overall
4
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
