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Best Forex Brokers In Middle East - Make Your First Trade Today

Some of the best forex brokers in the Middle East are the ones that protect the financial interests of clients under all trading conditions. Given that there are hundreds of forex brokers already plying their trade in the market today; choosing the one that meets your needs can be quite tough. This is why our list of forex brokers can be of real help to you, especially if you’re based in the Middle East.

1. XM
Founded by a group of interbank dealers, XM is today a major forex broker in the world today. XM is based in Cyprus and is legally allowed to operate in all the markets in the Eurozone. Here are some of the major features of the broker:

  • Availability of different trading platforms like XM Metatrader 4 and XM Web Trader.
  • Availability of multiple trading account types like XM Zero, Standard trading account, Micro trading account, Islamic trading account, Demo account, and managed account.
  • Spreads are really low and start from 1 pip.

2. HotForex
100% SuperCharged BonusOne of the upcoming forex brokers in the world, HotForex thrives on providing Open, Transparent, and Honest services to its clients based across the globe, including those in the Middle East. Here are some of the important features you can look forward to in HotForex:

  • Clients can choose between 8 trading platforms like HotForex MT4, HotForex iPhone Trader, MT4 on Mac, and others.
  • Several funding and withdrawal options like Bank Wire, Neteller, Credit cards, Moneybookers, PerfectMoney, and others.

3. Exness
Exness is a Russia-based online forex broker that is well-known for bringing transparency into forex trading. Despite being quite slow in adopting social media, Exness has been consistently rated as one of the best brokers around. In choosing Exness over other forex brokers you can look forward to enjoying these benefits:

  • Appreciable leverage of 1:2000
  • Different types of trading account including Cent, Mini, Classic, and ECN
  • 24 hours of customer support services via phone, call back service, e-mail, and live chat
  • The website supports all major languages including English, German, Chinese, Hindi, Russian, Arabic, and others

4. is one of the fastest growing online forex brokers in the world today that is legally authorized to operate in several countries. Considered as one of the pioneers of online forex trading, offers its services in more than a dozen languages. Here are some of the key features of that can be of use to you while selecting it to trade from:

  • Availability of different trading platforms like Markets Web Trader, Meta Trader Multi-Terminal, MetaTrader 4, Sirix Web Trader, and Markets MobileTrader.
  • Reliable and efficient customer support services in more than 20 languages all through trading hours.

5. easy-markets
Taking advantage of forex markets is easy through easy-markets. It is not just forex but you can also trade commodities through easy-markets. Today, easy-forex allows its clients to trade using web trading platform as well as MetaTrader 4. Here are some of the best-in-class features of easy-forex:

  • The customer support services of easy-forex are available through e-mail as well as chat during trading sessions.
  • You can open an account with easy-forex as low as $25.
  • It is quick and simple to make deposits. Some of the options available to you are Wire Transfer, PayPal, and credit cards.

6. Forex4you
The increasing popularity of Forex4you is largely due to its ability in providing quality services to all traders irrespective of their trading volumes. For small brokers and those who are just starting out, Forex4you has cents trading account that is suitable for traders with an extremely small budget. Here are some other salient features of the forex broker:

  • Customer support services of Forex4you are responsive and quick. It provides multiple language support.
  • Transparent and reliable broker
  • Low spreads
  • Reasonable educational center

7. OctaFX
There are quite a few reasons why OctaFX has won several awards over the years. Among many reasons are smooth and secure trading conditions, speedy trade executions, and floating spread as low as 0.02 pips, and others. OctaFX has many interesting and useful trading features that make it an ideal trading partner for all kinds of traders. Here are some of these features:

  • Regulated by FCA which means your trading endeavors are secured and that you’ve nothing to worry about.
  • Two main trading platforms – the advanced cTrader and MetaTrader 4 or MT4
  • Presence in over 100 countries with multi-lingual support services in Portuguese, Spanish, Mandarin, and Bahasa Indonesia.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.