Best Forex Brokers United Arab Emirates 2022

Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Joey Shadeck

September 08, 2022

When most people think of the United Arab Emirates (UAE), they likely picture Dubai and its world-famous Burj Khalifa tower – currently the tallest building in the world by a long shot (half a mile tall!).

Look beyond the staggering cityscapes and the mind-boggling artificial islands that flank its most famous city, and you’ll find that the UAE is a regional financial powerhouse.

Here at BrokerNotes, we conducted extensive research and data collection on the top forex brokers, as well as local regulatory agencies, stock exchanges, and UAE monetary policy to create this guide to help you pick the best forex broker for trading in the UAE.

Choosing a forex broker in the UAE

Whether you are an active trader with deep forex experience, or a beginner who is just getting their start in the forex world, choosing a well-regulated forex broker is crucial if you want to steer clear of forex scams. Not all regulatory licenses carry the same weight, however, and regulatory environments can vary widely from country to country.

Our Trust Score, a proprietary algorithm, ranks regulatory agencies and their respective countries into three groups, with Tier 1 indicating the most stringent (which is good) and Tier 3 the least. We collect comprehensive data on each broker, which results in a ranking from 1 to 99 of the broker’s overall trust (the higher a broker’s Trust Score, the better). Learn more about Trust Score at our sister site, ForexBrokers.com.

Excluding the city of Dubai, the Central Bank of the UAE (CBUAE) is the primary national regulator for all financial services firms in the UAE, including banks and forex brokers. The Securities and Commodities Authority (SCA) is the governmental agency that oversees the local stock and commodity exchanges in Dubai.

Within Dubai exists a unique special economic zone known as the Dubai International Financial Center (DIFC). The primary regulator for the financial services industry within the DIFC is the Dubai Financial Services Authority (DFSA), which enforces licensing and membership compliance for forex brokers in Dubai, and regulates the trading of securities, commodities, investment funds, and derivatives.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best forex brokers for trading in the UAE

To help you find the best forex brokers, we curated a list of every broker that accepts new clients from the UAE. We conducted meticulous research on those brokers, using over 100 data-driven variables (including our proprietary Trust Score), resulting in this list of the overall best brokers in the UAE:

IG

- 9.7/10 Overall
FOREX.com

- 8.7/10 Overall
XTB - 8.7/10 Overall
AvaTrade - 8.2/10 Overall
Pepperstone - 8/10 Overall
HYCM (Henyep) - 7.7/10 Overall
HFM - 7.6/10 Overall
AxiTrader - 7/10 Overall

Visit Site open_in_new

Join 239,000+ traders worldwide.

(77% of retail CFD accounts lose money)

Overall Rating

9.7 / 10

Minimum Initial Deposit

£250.00

Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.86 (September 2022)
All-in Cost EUR/USD - Active	0.5957 (September 2022)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	No
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1974
Publicly Traded (Listed)	Yes
Bank	Yes
Tier-1 Licenses	7
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	19537
Forex Pairs (Total)	100
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	33

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Visit Site open_in_new

A Global Market Leader!

(73% of retail CFD accounts lose money)

Overall Rating

8.7 / 10

Minimum Initial Deposit

$100

Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.0 (July 2022)
All-in Cost EUR/USD - Active	1.0 (July 2022)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	No
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1999
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	4
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	5500
Forex Pairs (Total)	91
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	Yes
Social Trading / Copy Trading	No
Charting - Indicators / Studies (Total)	203

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

8.7 / 10

Minimum Initial Deposit

Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.07 (Q3 2022)
All-in Cost EUR/USD - Active	1.04 (Q3 2022)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2002
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	1
Tier-2 Licenses	3

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	12000
Forex Pairs (Total)	49
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	39

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

8.2 / 10

Minimum Initial Deposit

$100

Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.91 (Aug 2020)
All-in Cost EUR/USD - Active	0.61 (Aug 2020)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2006
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	4
Tier-2 Licenses	3

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	1260
Forex Pairs (Total)	55
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	90

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

8 / 10

Minimum Initial Deposit

$200

Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.77 (September 2022)
All-in Cost EUR/USD - Active	0.87 (September 2022)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2010
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	1200
Forex Pairs (Total)	62
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	No
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	15

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

7.7 / 10

Minimum Initial Deposit

$100

Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.6 (Sept 2021)
All-in Cost EUR/USD - Active	0.6 (Sept 2021)
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1977
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	245
Forex Pairs (Total)	71
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	No
Social Trading / Copy Trading	No
Charting - Indicators / Studies (Total)	30

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	No
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

7.6 / 10

Minimum Initial Deposit

Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.2 (August 2021)
All-in Cost EUR/USD - Active	0.9 (August 2021)
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2010
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	1
Tier-2 Licenses	3

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	3500
Forex Pairs (Total)	47
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	No
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	15

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

7 / 10

Minimum Initial Deposit

Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	N/A
All-in Cost EUR/USD - Active	N/A
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2007
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	1

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	175
Forex Pairs (Total)	65
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	No
Proprietary Platform	No
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	30

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	No
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Overall Rating

8.6 / 10

Minimum Initial Deposit

$10-$10,000

Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1 (August 2021)
All-in Cost EUR/USD - Active	N/A
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2007
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	1

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	3458
Forex Pairs (Total)	49
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	No
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	66

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	No
Economic Calendar	Yes

The UAE’S financial markets

Forex traders may recognize the dirham (AED) as the national currency of the United Arab Emirates. The dirham is affected by the local monetary policy and economy of the UAE, relative to international currency markets.

Though comprised of seven separate emirates, the main financial centers of the UAE are undisputedly Abu Dhabi and Dubai. As such, the UAE features two primary financial securities exchanges: the Abu Dhabi Securities Exchange (ADX), and the Dubai Financial Market (DFM).

The ADX, based in Abu Dhabi, was established in the year 2000 and operates as a market for trading securities while also being vested with certain supervisory powers. One of the largest markets in the Arab world, the ADX offers shares, bonds, exchange-traded funds (ETFs), and other SCA-approved financial instruments.

The DFM, based in Dubai, functions as a secondary market for trading securities, bonds, mutual funds, as well as other local or foreign DFM-approved financial instruments.

FAQs

Is forex trading legal in UAE?

Yes, forex trading is legal in the UAE, according to Regulatory Law 2004 as enacted by the ruler of Dubai. Trading CFDs and forex falls under the jurisdiction of the DFSA within the Dubai International Financial Center (DIFC), and forex and CFD brokers themselves are licensed by the DFSA.

Outside of the DIFC, the Central Bank of the UAE (CBUAE) licenses forex brokers for the rest of the UAE. Brokers authorized by the CBUAE hold a monetary intermediary license, whereas exchange-traded forex products are regulated by the Securities & Commodities Authority (SCA), which oversees the local stock and commodities exchanges.

What is the best broker in Dubai?

IG is the best forex broker in the UAE in 2022. When considering all forex brokers regulated by the DFSA in Dubai (and that accept residents of the UAE), IG stands out as the clear favorite here at BrokerNotes. IG delivers excellent trading platforms, a suite of powerful mobile apps, top-notch research, and the highest attainable Trust Score for a forex broker. With its wide range of currency pairs and a truly vast selection of tradeable markets, IG is our top pick for investors based in the UAE and Dubai.

Which broker has the best mobile app?

Saxo Bank, which is DFSA-regulated in the UAE, is an excellent choice for UAE-based traders and investors who are looking for a superior mobile app. Saxo Bank’s SaxoTraderGO innovative web and mobile trading platforms deliver a superior selection of tools and state-of-the-art research.

Well-matched with Saxo Bank is IG, which won the award for Best Smartphone App in 2022 at our sister site, ForexBrokers.com. With its IG Trading app, IG delivers a user-friendly, intuitive platform that is chock-full of powerful features such as alerts, superb charting capabilities, and top-tier integrated research.

Can I use MetaTrader in the UAE?

Yes, the MetaTrader platform, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), is legal and available to residents of the UAE – provided your forex broker is regulated in Dubai by the DFSA.

If you are looking for the best forex broker in Dubai for MetaTrader users, our top pick is Pepperstone. If you want to read more about the best MetaTrader forex brokers, check out our MetaTrader 4 guide.

Which broker is best for beginners?

IG is the best forex broker for beginners in 2022, due to its vast selection of educational resources, which include guided courses that allow you to chart your own progress as you learn about forex and CFD trading. DailyFx – IG’s in-house content developer – produces a healthy variety of informative articles and videos, and IG has even developed its own standalone mobile app (in addition to its award-winning IG Trading app) that is exclusively dedicated to teaching beginners the ins and outs of the financial markets.

BrokerNotes.co 2022 Overall Rankings

To recap, here are our top DFSA-authorised forex brokers, sorted by Overall ranking.

Company	Accepts AE Residents	Overall Rating	Minimum Initial Deposit	Average Spread EUR/USD - Standard	Trust Score	Trust Score	Tradeable Symbols (Total)	Visit Site
IG	check	9.7	£250.00	0.86 (September 2022)	99	Highly Trusted	19537	Visit Site
Saxo Bank	check	9.5	€2,000	0.9 (September 2022)	99	Highly Trusted	60000
CMC Markets	check	9.4	$0	0.51 (August 2022)	99	Highly Trusted	12377
Interactive Brokers	check	9.2	$0	0.6 (Aug 2022)	99	Highly Trusted	8500
TD Ameritrade	check	8.9	$0	1.25 pips (September 2022)	99	Highly Trusted	0
FOREX.com	check	8.7	$100	1.0 (July 2022)	99	Highly Trusted	5500	Visit Site
XTB	check	8.7	$0	1.07 (Q3 2022)	95	Highly Trusted	12000
City Index	check	8.7	£100.00	1.0 (July 2022)	99	Highly Trusted	13500
eToro	check	8.6	$10-$10,000	1 (August 2021)	93	Highly Trusted	3458
Swissquote	check	8.5	$1000	N/A	99	Highly Trusted	466
AvaTrade	check	8.2	$100	0.91 (Aug 2020)	93	Highly Trusted	1260
Plus500	check	8.2	€100	0.6 (as of Aug 2018)	98	Highly Trusted	2800
FXCM	check	8.3	Starts from $50	1.38 (Q2 2022)	96	Highly Trusted	441
Admiral Markets	check	8.1	$100	0.8 (July 2021)	87	Trusted	8425
FP Markets	check	8.3	$100 AUD	1.2 (August 2022)	86	Trusted	9956
IC Markets	check	8	$200	0.62 (August 2021)	86	Trusted	3583
OANDA	check	8	$0	1.26 (5/22-5/27/22)	92	Highly Trusted	124
Capital.com	check	8.1	$20	0.6 (July 2021)	77	Average Risk	6000
Markets.com	check	8.1	$100	1.9 (as of Oct 2019)	98	98	2179
XM Group	check	8	$5	1.6 (Aug 2020)	90	Trusted	1372
Pepperstone	check	8	$200	0.77 (September 2022)	93	Highly Trusted	1200
FxPro	check	8	$100	1.51 (August 2020)	90	Highly Trusted	2249
Tickmill	check	7.8	$100	0.51 (August 2022)	82	Trusted	295
HYCM (Henyep)	check	7.7	$100	0.6 (Sept 2021)	86	Trusted	245
DooPrime	check	7.7	$100	-1	84	Average Risk	10000
Fineco Bank	check	7.7	$0	N/A	92	Highly Trusted	126
HFM	check	7.6	$5	1.2 (August 2021)	85	Trusted	3500
BDSwiss	check	7.6	$100-$5000 (depending on account type)	1.6 (08/10/22)	83	Trusted	1081
Vantage	check	7.4	$50	1.22 (August 2021)	83	Trusted	257
Trading 212	check	7.4	EUR 10	N/A	77	Average Risk	1785
Moneta Markets	check	7.3	$50	1.27 (September 2022)	71	Trusted	965
Trade Nation	check	7.1	$0	0.6	83	Trusted	601
ACY Securities	check	7.2	$50	1.2 (Sept 2021)	75	Average Risk	1600
Eightcap	check	7.2	$100	N/A	87	Trusted	326
ThinkMarkets	check	7.3	$250.00	N/A	86	Trusted	1674
BlackBull Markets	check	7	$0	0.827 (August 2022)	74	Average Risk	26000
VT Markets	check	7.2	$200	1.2 (September 2021)	71	Trusted	168
easyMarkets	check	7.3	$100	0.9 (as of Mar 2020)	84	Trusted	199
TMGM	check	7	$100	0.96 (July 2021)	79	Average Risk	12000
Exness	check	7.2	$1	0.9 (as of May 19)	74	Average Risk	112
Spreadex	check	7.2	$0	-1	70	Average Risk	2000
IronFX	check	7.1	$50	1.2	84	Trusted	340
RoboForex (RoboMarkets)	check	7.1	$100	1.4 (Jan 2022)	69	High Risk	12000
Trade360	check	7	$250	N/A	75	Average Risk	1062
AxiTrader	check	7	0	N/A	83	Trusted	175
GKFX	check	7	$0	N/A	66	High Risk	354
Vestle	check	7	-1	-1	79	Average Risk	750
TeleTrade	check	7	$100	-1	67	High Risk	500
FXOpen	check	7	$100	N/A	80	Trusted	87
OctaFX	check	6.8	$25	0.6 (August 2021)	67	High Risk	80
Forex4you	check	6.9	$0	-1	62	High Risk	150
LegacyFX	check	6.8	$500	0	75	Average Risk	425
FXPrimus	check	6.8	$100	N/A	69	High Risk	140
Alpari	check	6.8	$20	N/A	67	High Risk	105
GBE brokers	check	6.7	$500	-1	69	High Risk	500
TopFX	check	6.5	Depends on payment method	N/A	67	High Risk	655
ATFX	check	6.6	$500	-1	70	Average Risk	150
UFX	check	6.5	$100	3 (Jan 2021)	67	High Risk	619
Libertex (Forex Club)	check	6.5	$10	-1	72	High Risk	300
Xtrade	check	6.5	$250	-1	80	Trusted	142
Tradeo	check	6.4	$200	-1	67	High Risk	256

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Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.

About the Author

Steven Hatzakis

Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

John Bringans

John Bringans is the Senior Editor of BrokerNotes.co and ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Joey Shadeck

Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.