In the United Arab Emirates, low spread forex brokers and other companies involved with financial markets can be regulated by local regulators in the emirate where the entities are based. For the most part, forex brokers in the UAE are based in Dubai, and they are then usually regulated by the Dubai Financial Services Authority (DFSA). However, some brokers are also based in one of the many free zones in the UAE, which all have their own unique rules.
The UAE is in many ways a center for trading and banking for the entire Middle Eastern region, and many traders from this part of the world therefore choose to sign up with a forex broker here. Although there may be big differences between the different brokers in the UAE, some of them certainly offer very low spread forex & CFD trading with a great selection of trading instruments to choose from.