73% of retail investor accounts lose money when trading CFDs with this provider
Is CFD trading on Pepperstone legal in the UAE? Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Is CFD trading on Pepperstone legal in the UAE? across five key areas of our review framework.
- Pricing4.5
- Market Access3.5
- Online Platform4.5
- Customer Service5.0
- Research & Analysis5.0
Pros
- Tight pricing
- Wide range of MT4 markets
- Pre-built MT4 indicator packages
Cons
- Limited market access
- Only third-party platforms
See full expert review
Our verdict
In 2020 Pepperstone obtained a Dubai Financial Services Authority (DFSA) license to expand its CFD brokers services in the Middle East and Dubai. Set up by industry vet Tarik Chebib in 2021, who has prior experience setting up similar CFD trading services operations in the region, it is one of the largest CFD brokers globally led by Alexander Kolpokchi.
Can you trade CFDs with Pepperstone legally in the UAE?
Yes, is it legal to trade CFDs with Pepperstone in the UAE as they are regulated by the DFSA and have a local office in Dubai.
Pepperstone focus on MT4 and automated trading strategies and cater to high-net-worth individuals (HNWIs) in the Gulf states and the wider Middle East, who want to trade CFD on popular local markets like Oil and Gold as well as the most popular international indic
DFSA Reference Number: F004356
UAE Address: Pepperstone Financial Services (DIFC) Limited – Office 1502, Al Fattan Currency House, Tower 2 – Dubai – United Arab Emirates
How long do withdrawals take from Pepperstone in the UAE?
In the UAE, Pepperstone withdrawals are typically processed quickly. The median processing time is 0.90 hours (54 minutes) for eSCA accounts and 1.47 hours (around 88 minutes) for DFSA accounts.
These figures cover Pepperstone’s internal processing only; the time for funds to reach your bank or card will depend on the payment provider.
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 The Sunday Times, 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.