Best Forex Brokers in Qatar for 2026

Top regulated forex brokers accepting Qatari traders with Islamic accounts.

James Anderson

Written by

James Anderson

Emily Watson

Fact Checked by

Emily Watson

Last reviewed:
By:James Anderson
Fact-checked by:Emily Watson

Top 10 Forex Brokers for Qatari Traders in 2026

Qatar has a growing forex trading community with demand for Islamic accounts. Exness leads our 2026 rankings, followed by XM and IG Middle East.

Is forex trading legal in Qatar?

Yes, forex trading is legal in Qatar. Most Qatari traders use DFSA-regulated brokers in the UAE or internationally regulated brokers with FCA, CySEC, or ASIC licenses.

Key Features

Compare forex broker features for Qatar.

Broker
ExnessNone$10
XMNone$5
FXTMNone$10
HotForexNone$5
IG Middle EastNone$250
Saxo BankNone$2000
Pepperstone$3.50/lot$0
IC Markets$3.50/lot$200
Admiral MarketsNone$100
FxProNone$100

Detailed Broker Analysis

Recommended
Most popular in Qatar
4.5/5App Score

Exness offers instant withdrawals, swap-free Islamic accounts, and 24/7 Arabic support. Popular among Qatari traders for its low spreads and fast execution.

Forex spread classLow
Minimum deposit$10
Inactivity feeNo
Currency pairs97
Deposit methodsBank, Visa, Mastercard, Crypto, Neteller, Skrill
Withdrawal fee$0
Recommended
Great education and bonuses
4.3/5App Score

XM provides comprehensive Arabic educational resources and swap-free Islamic accounts. Their low minimum deposit makes them accessible to beginners.

Forex spread classAverage
Minimum deposit$5
Inactivity feeYes ($5/mo)
Currency pairs57
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller
Withdrawal fee$0
IG Middle East logo
IG Middle East
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Recommended
Premium DFSA-regulated broker
4.7/5App Score

IG is DFSA-regulated with world-class platforms. Their ProRealTime charting and educational resources are industry-leading.

Forex spread classLow
Minimum deposit$250
Inactivity feeYes ($12/mo)
Currency pairs80+
Deposit methodsBank, Visa, Mastercard
Withdrawal fee$0
Saxo Bank logo
Saxo Bank
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Recommended
Premium multi-asset platform
4.6/5App Score

Saxo Bank is DFSA-regulated offering premium multi-asset trading with 185 currency pairs. Their SaxoTraderGO platform provides professional-grade tools.

Forex spread classLow
Minimum deposit$2000
Inactivity feeNo
Currency pairs185
Deposit methodsBank Transfer, Wire Transfer
Withdrawal fee$0
Pepperstone logo
Pepperstone
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Recommended
Raw spreads specialist
4.4/5App Score

Pepperstone offers razor-thin spreads on their Razor account. Islamic accounts available with swap-free trading for Qatari Muslims.

Forex spread classVery Low
Minimum deposit$0
Inactivity feeNo
Currency pairs97
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller, PayPal
Withdrawal fee$0
Recommended
Strong Arabic presence
4.2/5App Score

FXTM has strong Arabic support and educational content. Their Islamic accounts and local deposit options make them popular in Qatar.

Forex spread classAverage
Minimum deposit$10
Inactivity feeYes ($5/mo)
Currency pairs60
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller
Withdrawal fee$0
IC Markets logo
IC Markets
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Recommended
Ultra-low spreads for scalpers
4.4/5App Score

IC Markets provides institutional-grade liquidity with spreads from 0.0 pips. Popular among Qatari scalpers and algorithmic traders.

Forex spread classVery Low
Minimum deposit$200
Inactivity feeNo
Currency pairs61
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller, Crypto
Withdrawal fee$0
HotForex logo
HotForex
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Recommended
Diverse account types
4.2/5App Score

HotForex offers multiple account types including copy trading and PAMM accounts. Islamic accounts available for Qatari traders.

Forex spread classAverage
Minimum deposit$5
Inactivity feeYes ($5/mo)
Currency pairs50
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller, Crypto
Withdrawal fee$0
Admiral Markets logo
Admiral Markets
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Recommended
Comprehensive trading platform
4.3/5App Score

Admiral Markets provides MetaTrader Supreme Edition with advanced tools. Islamic accounts and Arabic support available for Qatari traders.

Forex spread classLow
Minimum deposit$100
Inactivity feeYes ($10/mo)
Currency pairs80
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller
Withdrawal fee$0
Recommended
Multi-platform broker
4.1/5App Score

FxPro offers multiple platforms including cTrader and MT4/5. Negative balance protection and Islamic accounts available.

Forex spread classAverage
Minimum deposit$100
Inactivity feeNo
Currency pairs70
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller, PayPal
Withdrawal fee$0

Frequently Asked Questions

Yes, forex trading is legal in Qatar. Most Qatari traders use DFSA-regulated brokers in the UAE or internationally regulated brokers with FCA, CySEC, or ASIC licenses.

Yes, most reputable brokers offer swap-free Islamic accounts compliant with Sharia law. These accounts don't charge or receive interest on overnight positions.

Qatar has no personal income tax, making it attractive for forex traders. However, consult a local tax advisor for specific guidance on your situation.

Bank transfers and major credit cards (Visa, Mastercard) are widely accepted. Many brokers also support e-wallets like Skrill and Neteller for faster transactions.

International brokers offer leverage up to 1:2000 for Qatari traders, though responsible risk management suggests using lower leverage levels.

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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026