By country
Forex trading by country
The local regulatory picture differs across the Arab world. We report it honestly for each market — and flag the swap-free (Islamic) accounts that matter most to Gulf traders.
SCA · DFSA
Retail forex and CFD trading is legal in the UAE through SCA/CMA-, DFSA- (Dubai/DIFC) or ADGM-regulated brokers, with leverage caps and negative-balance protection. It is the most clearly regulated Gulf market.
Best brokers in United Arab Emirates →CMA · SAMA
Saudi Arabia does not license retail forex/CFD brokers; only CMA-licensed local firms may offer regulated products, and SAMA strictly limits financial advertising. Residents who trade do so via offshore brokers at their own risk — we report this plainly and do not run paid promotion here.
Best brokers in Saudi Arabia →QFMA
Forex/CFD trading is used widely in Qatar through internationally regulated (offshore) brokers; unlicensed local brokers are prohibited and crypto CFDs are not permitted. Sharia-compliant, swap-free accounts are expected.
Best brokers in Qatar →CMA · CBK
Trading via Tier-1 offshore brokers is legal and trading profits are untaxed, but Kuwait's 2026 Digital Commerce Law tightly governs financial promotion (licensing + pre-approval). We publish information only and run no paid promotion here.
Best brokers in Kuwait →CBB
Forex is legal and regulated by the CBB, which licenses brokers across tiers. CBB Regulation 16/2012 requires authorisation to market financial services locally, so we operate strictly as an independent information guide.
Best brokers in Bahrain →CMA
Omani residents trade through internationally regulated brokers; the CMA has not licensed local retail forex and restricts media promotion of non-regulated securities. Information only — no paid promotion.
Best brokers in Oman →FRA
Egypt does not license local forex brokers and the FRA actively warns against unregulated broker promotion; deposit bonuses are banned. Large, fast-growing audience but high regulatory sensitivity — strictly honest, information-only coverage.
Best brokers in Egypt →JSC
Forex is legal through JSC-licensed brokers (e.g. those holding a local mediation licence); promoting unlicensed brokers carries severe penalties. We cover the market as an independent guide and highlight which brokers hold local licences.
Best brokers in Jordan →