Crypto Trading Forex Brokers in the UAE

The United Arab Emirates is a country that has attracted a number of forex brokers over the years, including some that offer cryptocurrencies both for trading and as a funding method. Most often, crypto brokers in the UAE will offer cryptocurrency trading in the form of CFDs. Unlike buying and holding cryptocurrencies the traditional way from a crypto exchange, crypto CFDs make it possible to make large profits with the help of leverage, which in the UAE can be quite high.

The regulatory landscape for forex & crypto brokers in the UAE is complex, with several different agencies responsible for overseeing the financial sector. Although many brokers are regulated by the Dubai Financial Services Authority, some are instead overseen by the Dubai Multi Commodities Centre, while others again are based in one of the UAE’s free zones where a different set of rules apply.