If you’re a beginner in the financial markets and you are looking for a reliable online trading platform, you must read the reviews on the UAE binary options brokers in Dubai before open a trading account.
United Arab Emirates best Binary options brokers are the smartest and easiest way to begin trading online.
Here you can find lots of information about trading on binary options platforms, useful tips that will help you to understand, starting from scratch, how to invest and earn with United Arab Emirates best binary options broker trading platforms in UAE.
Trading online from the United Arab Emirates UAE
The United Arab Emirates are composed of seven emirates.
These are Abu Dhabi (the capital of the regions), Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain.
The UAE have a population of over 9.2 million people, an astonishing 7.8 of these are expatriates, while the rest are Emiratis.
While the Emirates each have their own monarch acting as sovereign, the Emirates have a president chosen as federal governor.
The United Arab Emirates are strategically located on the Strait of Hormuz, which serves as a transit point for oil that leaves the Middle East.
The Emirates are rich in oil and gas; they hold the seventh largest oil supply in the world and have the seventeenth largest gas supply in the world.
While the Emirates are very developed financially and infrastructively, it is Dubai which is the main economic center for the region.
While tourism and building constructions are expanding in the region, the export of oil and gas keeps the region as one of the most economically healthy in the world.
The Doing Business 2018 report has placed the United Arab Emirates as the 21st best country in the world to do business, based on its economy and regulatory environment.
Dubai, whose economy also derives from non-oil activities, records regular economic growth. However, in 2007-2010 it saw a huge recession and it was eventually rescued by Abu Dhabi.
Binary options brokers in Dubai are a fast and highly regulated type of financial investment in the United Arab Emirates that offers an high level of security to local investors.
United Arab Emirates Best Binary Options broker list: Reliable and Regulated
In this section we will analyze the United Arab Emirates best binary options brokers regulated and reliable / certified binary options brokers, which some trader also call binary trading platforms.
There are many brokers that allow you to trade binary options.
Some of them are reliable and offer very simple and convenient trading platforms to use, while others are definitely to be discarded; while others may even be illegal and huge scam!
Among the United Arab Emirates best binary options brokers on the market panorama, we have chosen the UAE best binary options broker regulated and reliable binary brokers with a reliable license and regulation.
Binaryoptioneurope.com also boast professional collaborations with the best reliable brokers that only have solid license, the worldwide license that protects investors.
The bonuses offered with a low initial minimum deposit stand out clearly (trading with a minimum investment is essential for those who are newbies or beginners).
By the way, we recommend to start with trading platforms that only have free demo accounts without deposit in order to test the platforms without deposit any money.
Before going into detail and presenting United Arab Emirates best binary options brokers, we believe you should know that investing in binary options requires certain knowledge to have some profits.
Remember: before to start trading use always the demo! It’s free, there is not any risk to loose money and it’s fun!
|BEST BROKERS||WEBSITE||FREE DEMO*|
|IQ OPTION||iqoption.com||Free demo|
|POCKET OPTION||Pocketoption.com||Free demo (100% bonus)|
|GRAND CAPITAL||Grandcapital.net||Free demo + 500$ bonus|
United Arab Emirates best binary options brokers you see in our reviews and forums are all regulated and authorized.
Thanks to the license, your investments and capital are protected by European legislation which provides periodic controls and checks to certify the quality and transparency of the services offered by brokers.
Many of our UAE best binary options brokers in Dubai have a national license as well.
Before choosing a binary options broker you will need to know some specific terms that will help you choose the broker that’s right for you, so let’s see them together:
- Minimum deposit: the minimum deposit is the minimum amount you can deposit into your trading account to access the platform, and start investing.
- Minimum Trade: the minimum trade is the minimum amount you can invest in each binary option trade. For example, if the minimum trade is $ 1, then you will not be able to invest a lower amount for each binary option trade.
- Return: binary options offer very high returns that are calculated as a percentage, an average return of 80% means that on average every single binary option trade allows you to get a gain of 80%.
Financial regulation in the UEA and Dubai
In order for Dubai to succeed as a regional financial hub, it must ensure that it is able to provide investors with a safe and secure environment.
For this reason, the Dubai financial market is strictly regulated to prevent criminal activities such as money laundering and financial fraud.
Thus, only financial service providers who have met the stringent regulatory requirements imposed by the Dubai Emirate are authorized to operate in Dubai IFC.
To obtain authorization to operate in the DIFC, Dubai binary brokers must meet the following regulatory requirements:
- Provide a risk disclosure statement signed by the clients
- Verification of an equivalent regulation of recognized jurisdictions such as Cyprus and the United Kingdom
- Own a record of verified operations
- Own qualified personnel with at least 5 years experience in retail financial products
- Segregate and monitor customers including all complaints submitted by the customers
- Own a system and a control that deal with commercial transaction limits
- Have an effective risk control procedure
It should be noted that the Emirate of Dubai is one of the seven emirates in the United Arab Emirates.
Its financial markets are regulated on 2 levels distinct from different regulatory agencies.
For activities within Dubai IFC, the main regulatory oversight is provided by the Dubai Financial Services Authority (DFSA).
The responsibilities of the DFSA include the definition of policies that meet the objectives of the Dubai IFC and monitor its future direction.
In addition to meeting the regulatory requirements set by the DFSA, financial service providers wishing to set up operations in Dubai IFC must also register and license their transactions with the DIFC Registrar.
For activities that do not fall under the Dubai IFC, the regulation falls under the federal authority of the UAE government.
The regulatory bodies responsible for overseeing the financial industry of the United Arab Emirates as a whole include the Central Bank of the United Arab Emirates, the Emirates Securities and Commodities Authority (ESCA) and the Ministry of Economic Planning.
Banking investments fall under the jurisdiction of the Central Bank, while ESCA manages the supervision of specific sectors of securities and the investment industry. Finally, planning and monitoring of UAE economic policies are carried out by the Ministry of Economic Planning.
What are the deposit methods available in Dubai?
Being the main financial center of the Middle East and hosting millions of migrant workers, Dubai has a well-established money transfer infrastructure.
Therefore, all binary options brokers in Dubai accept major credit cards such as MasterCard, VISA, JCB, Diners and American Express.
There are also many local and international banks that provide repatriation services, thus making the process of transferring money in and out of Dubai relatively simple and fast.
Online funds transfers via web portfolios such as Skrill are also supported by many best binary options brokers in Dubai.
For money transfers that take place under the DIFC, there are no transfer restrictions. However, in line with anti-money laundering protocols, financial institutions are required to report any money transfers to the authorities.
Starting from 2018, the UAE will also start to impose a VAT on remittances.
For revenues earned within the UAE, they are subject only to low taxes.
In addition, the United Arab Emirates government has signed tax treaties with numerous countries to avoid double taxation.
UAE Binary FAQ
Is it legal to trade with binary options brokers in Dubai?
As an international financial hub, Dubai has a friendly attitude to financial investment in good faith. Also to encourage financial trading activities in Dubai IFC, DFSA approves financial trading activities such as forex trading and binary options trading.
Are binary options regulated in Dubai?
Binary options are considered financial investment products and as such are regulated by the DFSA.
How to trade with binary options brokers in Dubai?
The procedure for binary options trading in Dubai is the same as in other countries.
To start trading binary options in Dubai, a binary options trader must first open a trading account with a reliable binary options broker.
Once the trader has deposited his trading funds and verified his identity, he can already start his trading activities.
United Arab Emirates best binary options Broker in Dubai: platform features
1) regulation and solid licence
The first requirement that a binary options broker should have is certainly a solid license.
The CySec is the body that has been commissioned by the European Union to execute the regulation, and therefore to monitor binary options brokers with operational headquarters in Cyprus.
Years ago, following the binary options boom, it became necessary a regulatory procedure in order to monitor the markets.
Choosing brokers with a license is not just for the benefit of traders, but also for the entire binary options sector.
Only brokers that offer a solid and trustworty license deserve to stay in business.
Here is an overview of binary options brokers who have already obtained the regular license.
2) Reliable Trading platform
The trading platform must be simple to use, user-friendly and stable: no connection problems or bugs must compromise the ability of the trader to open and close positions and trades.
The requirement for order execution speed is crucial when using certain timeframes, such the 60 seconds: a slowdown can cause a loss.
For example, if you invested in a binary option Call with underlying Apple shares, and these, at the time of your purchase were listed at 520 and maybe after two seconds are listed at 520.50, a slowing of two seconds can make you lose the investment because the price may not rise or fall to 520.30 by the due date.
The graphs must be clearly visible, as they allow the trader to see the price trends.
Usually, to invest and have high probabilities in favor, we always follow the trend of the moment.
If there is an uptrend, it is very likely that this trend will continue.
Otherwise, if there is a bearish trend, it is more likely that the price will continue to fall. Here are some examples of trends:
Another fundamental requirement of the trading platform is the option of closing of orders even before the expiration time.
It may seem strange but in some fast deadlines a closure with 2 or 3 seconds of delay can be decisive.
3) binary options broker minimum deposit / minimum investment
As you know the minimum deposit is the minimum amount of money that you can deposit in order to have access to the trading platform offered by the broker.
The minimum trade, on the other hand, is the minimum amount of capital that you can invest in each trading operation, that is, for each purchase of a binary option.
We recommend that the minimum trade never exceeds 5-10% of the minimum deposit, because if you exceeded these percentages you would not have the possibility of being able to better manage your assets.
The risk you should assume for each investment is 5-10%, only in this way you will be able to obtain excellent performances in the long term.
4) Customer Support
Customer support is definitely very important.
It has to solve all the issues and problems, to clarify the broker procedures.
Make sure the broker you choose offers professional support and, above all, in your national language.
5) Educational material
The educational material serves to acquire new knowledge in order to optimize your investments.
A broker that offers you free educational material proves to be on your side and to help you reach your success.
Obviously, the educational material offered must be complete and simple to understand.
The brokers offering this service are listed below.
Binary options brokers comparison United Arab Emirates best binary options broker in Dubai
Choosing the best broker is the first step to start trading online; but it is also the most important step.
First of all we want to tell you that the best brokers must have the following features:
The first point concerns safety, so brokers must have the licenses and a solid license. In this case we will talk about regulated brokers.
They must offer the welcome bonus, which is a bonus that the broker will give you after you make your first deposit.
They must allow us to work with multiple types of assets, to allow traders to diversify and optimize their investments, so:
- Currency pairs
They must have a simple, fast and intuitive form of deposit and withdrawal.
They must offer high percentages of return; it is defined as a good binary options broker if on average it corresponds to a percentage of income between 80% and 90% of the invested capital.
It must have good reviews regarding the support offered:
- Help Desk
- Live chat
- Training courses for beginners
- Video lessons.
- A minimum trading deposit from 10$ to 50$.
- A minimum trade from 1$ to 10$.
To learn more about each of them, we invite you to visit the reviews, which illustrate in detail the main features (Training, Platform, Bonus, Customer Support, etc …) accompanied by opinions and comments.
United Arab Emirates IQ Option review in Dubai
- Integrated blog
- Trading strategies
- Technical analysis
- Minimum deposit 10$
- Minimum trade 10$
- Payout (returns) 75-91%
United Arab Emirates Pocket Option review in Dubai
- Platform: BO, Bitcoin
- Founded: 2017
- Bonus: Up to 100%
- Return/Refund: 75-96%
- Regulated: IFMRRC
- Demo Account: Yes
- Minimum Deposit: 50$
United Arab Emirates Binarium review in Dubai
- Option profitability: up to 90%
- Minimum deposit: $10
- Minimum trade amount: $1
- Demo account: yes
- Online registration: yesSite: binarium.com
Best binary options free bonus in Dubai?
There are several parameters that you must take into account in order to choose the United Arab Emirates best binary options bonus in Dubai:
1) Percentage of the bonus
A binary options’ bonus is always calculated in terms of percentage to be applied to the first deposit. Usually, it can fluctuate between 50% and 100% of the deposited capital. This means that if you decide to deposit $ 100 and the bonus percentage is 50%, the total amount of your trading capital will be $ 150.
2) Maximum bonus
In addition to the percentage of bonuses, UAE best binary options brokers also provide a maximum bonus amount payable. For example, if the bonus is equal to 50% of the deposit, and the maximum bonus is $ 300, a deposit of $ 1,000 does not give you a bonus of $ 500, but $ 300.
3) Binary options bonus volume
The bonus is a quota associated to the capital, but is not immediately withdrawable. In fact, in order to withdraw the bonus you need to perform a certain number of operations, which consist of the necessary volume.
If the UAE best binary options broker has set a volume of 10, the amount you get from the bonus must be moved 10 times before it can be withdrawn.
Let’s take a simple example:
- 100% deposit bonus.
- Volume 10.
- Deposit made 100 $.
Your capital is therefore $ 200, and the volume can be calculated both on the percentage of bonuses and on the total value (capital + bonus).
This is specified in the bonus policy! Let’s assume that the volume is calculated only and exclusively on the bonus, therefore, on the €$100 obtained and associated with your account.
To calculate the trading volume to be reach, you have to multiply 100 $ x 10. In this case, the volume to be made will be $ 1,000.
4) What does volume mean?
Obviously you do not intend that you have to earn $1,000, starting from $100 bonus, but you have to generate movements that add up to that amount.
Let’s take a easy example by 5 trades:
- 1st trade: 10 $ profit
- 2nd time: loss $ 5
- 3rd trade: $ 15 gain
- 4th trade: $ 20 gain
- 5th trade: loss $ 10
The generated volume is equal to the sum of the 5 trades: 10 + 5 + 15 + 20 + 10 = 60$.
Warning: the broker may decide to establish that some types of binary options do not participate in determining the volume needed.
5) Expiry of the binary options bonus
The bonus may also have a time deadline, that to be withdrawn, the volume of transactions must be achieved by a certain date, under penalty of loss of the right to the bonus as well as any profits generated using the capital resulting from the bonus.
These are the main characteristics of binary options brokers bonuses. At this point you have to ask yourself if you are interested or not.
United Arab Emirates best binary options broker in Dubai: free and unlimited demo account
A very important factor to evaluate a broker is the availability of a demo account.
How many times have you ever searched for “free demo account”?
Thanks to the demo account you can test United Arab Emirates best binary options broker, with no risk, as the money invested is not real and as a result you will not be able to win or lose your money.
Usually the demo account does not differ from the real account; the substantial difference is that we operate by virtual and not real money. The demo account is useful for all traders who want to trade with virtual deposit in order to practice without putting their capital at risk.
Conclusions on United Arab Emirates best binary options broker in Dubai
Binary options are certainly a great opportunity, this does not mean that you become rich only if you invest in binary options, the difference is always your ability as investor!There are people who have became rich with binary options, but there are also people who have lost money.
So, if you feel able and really want to learn how to trade, investing your money and your time, then probably binary options are suitable for you.
Write your review and your comments and opinions below, thank you.