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FXCM in United Arab Emirates — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%55
- Round-turn cost20%87.5
- Safety20%0
- Payouts15%80
- Track record10%100
- Platforms10%25
Numbered by weight: axis 1 counts for most.
Who actually onboards you
- Entity that onboards United Arab Emirates residents
- Stratos Global LLC
- Local standing
- Unregulated offshore for UAE; some sources say FXCM does not directly market in UAE, others say MENA clients accepted via international entities. Not verified as locally licensed.
- Licence as the register states it
- No UAE SCA/DFSA licence.
- Leverage for this entity
- Offshore up to 1:400 (default up to 1:1000 on new/small accounts).
- The firm behind it
- Founded 1999 New York; now under Stratos/Jefferies. Permanently banned from the US by CFTC/NFA in 2017 ($7M penalty for concealing Effex Capital market-maker conflict).
- What we hold against it
- Offshore SVG entity: no fund segregation guarantee, no compensation scheme. UAE direct availability conflicting across sources.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards UAE residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youUnregulated offshore for UAE; some sources say FXCM does not directly market in UAE, others say MENA clients accepted via international entities. Not verified as locally licensed.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against the UAE market median(priced from 60 of 75)
Medians run over the 60 of 75 brokers that publish a price for United Arab Emirates, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Single Standard account, min USD 50. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where FXCM sits in the UAE base(75 brokers)
Round-turn cost, USD (60 of 75 priced)
Median 7 USD · range 2-35 · this broker 7.5 USD · 15 of 75 brokers do not publish it
Minimum deposit, USD (33 of 75 priced)
Median 50 USD · range 0-10000 · this broker 50 USD · 42 of 75 brokers do not publish it
Retail leverage (53 of 75 with a UAE figure)
Median 1:500 · range 1-5000 · this broker 1:400 · 22 of 75 brokers do not publish it
Withdrawal time published (75 brokers)
Payouts(2 methods)
| Method | Deposit, h | Fee, USD | Min, USD |
|---|---|---|---|
| Cards | 24 | 0 | 50 |
| Bank wire | 24 | 0 | 50 |
Deposit and withdrawal methods (2 methods · 0 local rails)
Cards and bank wire;
- Cards
- Bank wire
- Account currency
- USD, EUR, GBP; no AED.
- Fee declared
- 2 of 2 methods
- Withdrawal back to
- the funding method
Where it does not serve(20 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(4 platforms)
- MT4
- Trading Station
- TradingView
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 1.3 |
| Trading Station | — | 1.3 |
| TradingView | — | 1.3 |
| Forex pairs | 41 | — |
98 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 92 more.
Identical for every row: Leverage 400 UAE.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.1 | 2,430 |
Share of reviewers in the UAE: — The platform does not publish it.
Pros and cons(4 for and 5 against, each tied to a figure on this page)
- Withdrawal in 24 h, one of 65 of 75 brokers here that publish a time
- Swap-free account available
- Track record 100 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, Trading Station, TradingView
- Round turn 7.5 USD on the raw + commission basis, over the United Arab Emirates median 7
- No United Arab Emirates authorisation on file: the entity that onboards you is licensed elsewhere
- A regulator warning is on file against this broker
- The published 1:400 comes from the group's offshore entity, not from the United Arab Emirates one
- Safety 0 of 100, its weakest of 6 scored axes
Alternatives in the UAE(6 of 75 scored in United Arab Emirates)
- Round turn, USD
- 7UAE
- Min deposit, USD
- 50 groupUAE
- Leverage
- 500UAE
- Rank in this country
- #22
- Round turn, USD
- 10UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 50UAE
- Rank in this country
- #39
- Round turn, USD
- 8UAE
- Min deposit, USD
- 30UAE
- Leverage
- 3000UAE
- Rank in this country
- #45
- Round turn, USD
- 6UAE
- Min deposit, USD
- 0UAE
- Leverage
- 500UAE
- Rank in this country
- #11
- Round turn, USD
- 6UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 500UAE
- Rank in this country
- #20
- Round turn, USD
- 7UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 200UAE
- Rank in this country
- #2
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a UAE score. Full methodology
| Axis | Weight | What is measured | FXCM |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 55 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 88 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 25 |
FAQ
- Does FXCM accept residents of United Arab Emirates?
- No. Unregulated offshore for UAE; some sources say FXCM does not directly market in UAE, others say MENA clients accepted via international entities. Not verified as locally licensed. Onboarding entity: Stratos Global LLC
- Is FXCM licensed to serve clients in United Arab Emirates?
- No UAE SCA/DFSA licence. Checked on 09.07.2026.
- How much does one round turn cost at FXCM?
- About 7.5 USD per standard lot on EUR/USD. The median across brokers measured for United Arab Emirates is 7.0 USD.
- What leverage does FXCM offer to retail clients in United Arab Emirates?
- Up to 1:400. Offshore up to 1:400 (default up to 1:1000 on new/small accounts)
- Which trading platforms does FXCM support?
- MT4, Trading Station, TradingView. Instruments: FX, indices, commodities, crypto CFDs, shares.
- How can I withdraw money from FXCM in United Arab Emirates?
- Cards and bank wire; local AED rails not verified at review.
- What account types does FXCM offer?
- Single Standard account; min USD 50.
- Does FXCM offer a swap-free (Islamic) account?
- Yes. FXCM offers a swap-free (Islamic) account to United Arab Emirates residents.
Taxes for a UAE resident(1 rule)
- 0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026);https://fxcm.com/markets/help
Not tax advice. Check with the Federal Tax Authority.