Best DFSA Regulated Forex Brokers 2026

Compare the top forex brokers regulated by the Dubai Financial Services Authority (United Arab Emirates). Verified licenses and deep liquidity.

James Anderson

Written by

James Anderson

Emily Watson

Fact Checked by

Emily Watson

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

Why Choose DFSA Regulated Brokers?

The DFSA regulates financial services operating inside the Dubai International Financial Centre (DIFC). It is increasingly seen as a premier hub, bridging the gap between Western tier-1 strictness and Middle Eastern capital flexibility.

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What is the DFSA (Dubai Financial Services Authority)?

Dubai Financial Services Authority is the financial regulatory body in United Arab Emirates. It is considered a Tier 2 regulator, meaning it provides strong oversight and client protection.

Quick Picks

#1Best Overall
XM

XM

4.7
#2Best Overall
HFM

HFM

4.5
#3Best Overall
Axi

Axi

4.3

Trading Conditions

Compare deposits, leverage, and spreads across these regulated brokers.

BrokerAction
XM$51:1000Open Account
HFM$01:2000 (Global) | 1:30 (EU)Open Account
Axi$01:500Open Account
HYCM$1001:30 (Retail) | 1:400 (Pro)Open Account
Pepperstone$0 (Recommended $200)1:500 (Pro) | 1:30 (Retail)Open Account
Swissquote$1,0001:30 (Retail) | 1:100 (Pro)Open Account

Detailed Broker Analysis

Pepperstone logo
Pepperstone
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Recommended
DFSA-regulated advanced traders, automated trading & tradingview enthusiasts.
4.8/5App Score

Founded in 2010 and headquartered in Melbourne, Australia, Pepperstone is a highly rated broker offering 60+ forex pairs. They are regulated by DFSA providing strong client safety.

Pros

  • Regulated by 7 jurisdictions including 4 Tier-1
  • Ultra-tight raw spreads on Razor (avg 0.1 pips EUR/USD)
  • Fast execution - ideal for scalpers/EAs
  • MT4, MT5, cTrader, TradingView support

Cons

  • Standard account spreads wider than Razor
  • Commission varies by platform
  • No proprietary mobile app
  • Research less extensive than IG
Forex spread classUltra-Low
Minimum deposit$0 (Recommended $200)
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Credit/Debit, PayPal, Skrill, Neteller, BPay
Withdrawal feeVaries
Recommended
DFSA-regulated beginners, education-focused traders & low deposit users.
4.7/5App Score

Founded in 2009 and headquartered in Cyprus, XM is a highly rated broker offering 55+ forex pairs. They are regulated by DFSA providing strong client safety.

Pros

  • Very low $5 minimum deposit
  • Multiple account types for all levels
  • Excellent educational resources (industry-leading)
  • Fast execution with no-requotes policy

Cons

  • Not publicly traded - less financial transparency
  • No cryptocurrency trading (regulated entities)
  • Inactivity fee after 90 days ($15/month then $5/month)
  • Standard account spreads wider than competitors
Forex spread classUltra-Low
Minimum deposit$5
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank, Card, Skrill, Neteller
Withdrawal feeVaries
Recommended
DFSA-regulated bonus hunters, high leverage users & versatile traders.
4.5/5App Score

Founded in 2010 and headquartered in Cyprus, HFM is a highly rated broker offering 50+ forex pairs. They are regulated by DFSA providing strong client safety.

Pros

  • Strong multi-regulator oversight (FCA, CySEC, FSCA)
  • Excellent account variety for all trader levels
  • Outstanding local payment methods (Africa/Asia)
  • Low minimum deposit ($0-$5 on most accounts)

Cons

  • US clients not accepted
  • Inactivity fee after 6 months ($5/month)
  • Leverage caps apply in EU/UK jurisdictions
  • Some features limited by regulatory entity
Forex spread classLow
Minimum deposit$0
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Wire, Skrill, Neteller, Crypto
Withdrawal feeVaries
Swissquote logo
Swissquote
Read Review
Recommended
DFSA-regulated swiss banking clients & high-net-worth individuals.
4.5/5App Score

Founded in 1996 and headquartered in Gland, Switzerland, Swissquote is a highly rated broker offering 80+ forex pairs. They are regulated by DFSA providing strong client safety.

Pros

  • Maximum safety (Swiss Bank)
  • Huge product range (3M+)
  • Banking integrated

Cons

  • High fees
  • Higher minimum deposit
Forex spread classLow
Minimum deposit$1,000
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Card
Withdrawal feeVaries
Recommended
DFSA-regulated scalpers, copy traders & australian ecn clients.
4.3/5App Score

Founded in 2007 and headquartered in Sydney, Australia, Axi is a highly rated broker offering 70+ forex pairs. They are regulated by DFSA providing strong client safety.

Pros

  • No minimum deposit on Standard and Pro accounts
  • Strong ASIC and FCA regulation
  • Competitive raw spreads from 0.0 pips
  • Axi Select capital allocation program

Cons

  • Inactivity fee after 12 months ($10/month)
  • Elite account requires $25,000 minimum
  • Limited stock CFD selection compared to competitors
  • No ETFs available
Forex spread classUltra-Low
Minimum deposit$0
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller, Crypto
Withdrawal feeVaries
Recommended
DFSA-regulated experienced traders seeking long-established regulated broker.
4.1/5App Score

Founded in 1977 and headquartered in London, UK, HYCM is a highly rated broker offering 40+ forex pairs. They are regulated by DFSA providing strong client safety.

Pros

  • Decades of stability
  • Fixed spreads available
  • Good educational webinars

Cons

  • High inactivity fee ($10/mo)
  • Raw spread commission high ($4/side)
Forex spread classUltra-Low
Minimum deposit$100
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller
Withdrawal feeVaries

Frequently Asked Questions

Dubai Financial Services Authority is the financial regulatory body in United Arab Emirates. It is considered a Tier 2 regulator, meaning it provides strong oversight and client protection.
Yes, brokers regulated by the DFSA are generally considered very safe. They are subject to strict financial standards, audits, and operational requirements.
No retail compensation fund.
Many brokers hold multiple licenses. While a broker may be regulated by this authority, international clients might be onboarded under a different regulatory entity within the broker's group depending on their country of residence.
Not Financial Advice:

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