Abu Dhabi Securities Exchange

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Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
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William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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The Abu Dhabi Securities Exchange, or ADX, commands a dominant position in Arab finance from its location in Abu Dhabi, the capital city of the United Arab Emirates (UAE). As the UAE’s largest and the Arab region’s second-largest stock market, Abu Dhabi Securities Exchange brokers provide a hub for investment in listed public companies on the main general index, and a platform for trading securities in private joint-stock companies through the parallel second market.

This guide will help you compare and choose ADX brokers, and covers the most important things to know before you start trading on the UAE’s leading stock exchange. We also list the top brokers with access to the Abu Dhabi Securities Exchange in 2024.

Abu Dhabi Securities Exchange Brokers

These are the 10 best brokers for trading on the Abu Dhabi Securities Exchange:

Click a broker for details
  1. 1
    FOREX.com
    Active Trader Program With A 15% Reduction In Costs

    Ratings
    4.9 / 5
    4 / 5
    4.3 / 5
    4.6 / 5
    4.6 / 5
    4.3 / 5
    4.8 / 5
    4.5 / 5
    3.6 / 5
    3.8 / 5

    $100
    0.01 Lots
    1:50
    NFA, CFTC
    Forex, Stocks, Futures, Futures Options
    MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
    Wire Transfer, Credit Card, Debit Card, Visa, Mastercard, Skrill, Neteller, ACH Transfer
    USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN
  2. 2
    NinjaTrader

    Ratings
    4.3 / 5
    2.8 / 5
    2.9 / 5
    4.3 / 5
    4.5 / 5
    4 / 5
    4 / 5
    3.5 / 5
    3 / 5
    3.2 / 5

    $0
    0.01 Lots
    1:50
    NFA, CFTC
    Forex, Stocks, Options, Commodities, Futures, Crypto
    NinjaTrader Desktop, Web & Mobile, eSignal
    ACH Transfer, Debit Card, Wire Transfer
    USD
  3. 3
    eToro USA
    Invest $100 and get $10
    https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

    Ratings
    4.3 / 5
    3 / 5
    3.9 / 5
    3.4 / 5
    4 / 5
    3 / 5
    4.3 / 5
    4.5 / 5
    4.3 / 5
    4 / 5

    $10
    $10
    SEC, FINRA
    Stocks, Options, ETFs, Crypto
    eToro Trading Platform & CopyTrader
    ACH Transfer, Debit Card, PayPal, Wire Transfer
    USD
  4. 4
    OANDA US
    CFDs are not available to residents in the United States.

    Ratings
    4.5 / 5
    3.5 / 5
    2.8 / 5
    4 / 5
    4.5 / 5
    3.5 / 5
    4.3 / 5
    3.8 / 5
    4.7 / 5
    3.7 / 5

    $0
    0.01 Lots
    1:50
    NFA, CFTC
    Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA)
    OANDA Trade, MT4, TradingView, AutoChartist
    Wire Transfer, Visa, Mastercard, Debit Card, ACH Transfer
    USD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD
  5. 5
    DNA Markets

    Ratings
    3 / 5
    4 / 5
    4 / 5
    3.9 / 5
    3.5 / 5
    3.6 / 5
    1.8 / 5
    1.6 / 5
    4.8 / 5
    4.4 / 5

    $100
    0.01 Lots
    1:500
    ASIC
    CFDs, Forex, Indices, Commodities, Stocks, Crypto
    MT4, MT5
    Credit Card, Debit Card, Wire Transfer, BPAY, Skrill, Neteller, Bitcoin Payments, Bitwallet, AstroPay, Mastercard
    USD, EUR, GBP, CAD, AUD, NZD, SGD
  6. 6
    IG
    Forex trading involves risk. Losses can exceed deposits.

    Ratings
    4.9 / 5
    4 / 5
    4.5 / 5
    3.5 / 5
    4.8 / 5
    4.5 / 5
    4.9 / 5
    5 / 5
    4.6 / 5
    4 / 5

    $0
    0.01 Lots
    1:30 (Retail), 1:250 (Pro)
    FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB
    CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
    Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral
    PayPal, Wire Transfer, Mastercard, Credit Card, Visa, Debit Card
    USD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD
  7. 7
    Pocket Option
    50% Deposit Bonus

    Ratings
    2 / 5
    3.5 / 5
    2.5 / 5
    3.5 / 5
    3.3 / 5
    3.3 / 5
    3 / 5
    3.5 / 5
    4 / 5
    4.2 / 5

    $50
    $1
    MISA
    Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos
    Web, MT4, MT5
    Wire Transfer, Credit Card, Bitcoin Payments, Volet, Perfect Money, Visa, Mastercard, Debit Card, WebMoney, FasaPay, Ethereum Payments, Maestro, JetonCash
    USD
  8. 8
    IQCent
    20% to 200% Deposit Bonus

    Ratings
    2.5 / 5
    3.3 / 5
    2.4 / 5
    4.3 / 5
    3.8 / 5
    2.5 / 5
    3 / 5
    2 / 5
    4.3 / 5
    4.1 / 5

    $250
    $0.01
    1:500
    IFMRRC
    Binary Options, CFDs, Forex, Indices, Commodities, Crypto
    Online Platform, TradingView
    Credit Card, Debit Card, Wire Transfer, Bitcoin Payments, Ethereum Payments, Visa, Mastercard
    USD, EUR
  9. 9
    RedMars

    Ratings
    3.3 / 5
    3.5 / 5
    3.8 / 5
    3.5 / 5
    3.8 / 5
    4 / 5
    2.8 / 5
    3 / 5
    4.7 / 5
    4.6 / 5

    €250
    0.01 Lots
    1:30 (Retail), 1:500 (Pro)
    CySEC
    CFDs, Forex, Stocks, Indices, Commodities, Cryptos
    MT5
    Credit Card, Wire Transfer, Debit Card, Sticpay, FasaPay, Bitcoin Payments, Trustly, PayPal, Skrill, Neteller, Klarna, Mastercard, Visa
    USD, EUR
  10. 10
    Interactive Brokers

    Ratings
    4.5 / 5
    3.5 / 5
    4.5 / 5
    4.3 / 5
    3.3 / 5
    3 / 5
    4.4 / 5
    4.3 / 5
    4.3 / 5
    4.5 / 5

    $0
    $100
    1:50
    FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA
    Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies
    Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral
    Cheque, ACH Transfer, Wire Transfer, Automated Customer Account Transfer Service, TransferWise, Debit Card
    USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF

Here is a short summary of why we think each broker belongs in this top list:

  1. FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
  2. NinjaTrader - NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features.
  3. eToro USA - eToro is a social investing platform that offers short-term and long-term trading on stocks, ETFs, options and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, eToro is still one of the most respected brands in the industry. eToro securities trading is offered by eToro USA Securities, Inc.
  4. OANDA US - OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is regulated by trusted agencies, including the NFA/CFTC. Around the clock support is available for short-term traders, alongside flexible contract sizes and automated trade executions.
  5. DNA Markets - DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 800+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.
  6. IG - Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
  7. Pocket Option - Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.
  8. IQCent - IQCent is an offshore binary options and CFD broker based in the Marshall Islands. The brand continues to offer a range of unique account types with bonuses and perks, including payout boosts, TradeBacks and free rollovers. With 100+ assets, around-the-clock trading and 98% payouts, the firm is popular with aspiring short-term traders.
  9. RedMars - Launched in 2020, Cyprus-based RedMars offers competitive spreads on more than 300 instruments and leverage up to 1:500. Three accounts are available - Standard, Pro and VIP - serving a range of budgets and experience levels, with a fast and fully digital account opening process.
  10. Interactive Brokers - Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.

FOREX.com

"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."

Christian Harris, Reviewer

FOREX.com Quick Facts

Bonus OfferActive Trader Program With A 15% Reduction In Costs
Demo AccountYes
InstrumentsForex, Stocks, Futures, Futures Options
RegulatorNFA, CFTC
PlatformsMT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, CHF, PLN

Stock Exchanges

FOREX.com offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange

Pros

  • Alongside a choice of leading platforms, FOREX.com offers a superb suite of supplementary tools including Trading Central research, SMART Signals pattern scanner, trading signals, and strategy builders.
  • The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.
  • FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.

Cons

  • There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
  • Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
  • FOREX.com's MT4 platform offers approximately 600 instruments, significantly fewer than the over 5,500 available on its non-MetaTrader platforms.

NinjaTrader

"NinjaTrader continues to meet the demands of active futures traders looking for low fees and premium analysis tools. The platform hosts top-rate charting features including hundreds of indicators and 10+ chart types."

Tobias Robinson, Reviewer

NinjaTrader Quick Facts

Demo AccountYes
InstrumentsForex, Stocks, Options, Commodities, Futures, Crypto
RegulatorNFA, CFTC
PlatformsNinjaTrader Desktop, Web & Mobile, eSignal
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD

Stock Exchanges

NinjaTrader offers trading on 2 stock exchanges:

  • Chicago Mercantile Exchange
  • New York Stock Exchange

Pros

  • Low fees are offered, with $50 day trading margins & commissions from $.09 per micro contract
  • NinjaTrader continues to deliver comprehensive charting software for active day traders with bespoke technical indicators and widgets
  • You can get thousands of add-ons and applications from developers in 150+ countries

Cons

  • Non forex and futures trading requires signing up with partner brokers
  • The premium platform tools come with an extra charge
  • There is a withdrawal fee on some funding methods

eToro USA

"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."

Jemma Grist, Reviewer

eToro USA Quick Facts

Bonus OfferInvest $100 and get $10
Demo AccountYes
InstrumentsStocks, Options, ETFs, Crypto
RegulatorSEC, FINRA
PlatformseToro Trading Platform & CopyTrader
Minimum Deposit$10
Minimum Trade$10
Account CurrenciesUSD

Stock Exchanges

eToro USA offers trading on 3 stock exchanges:

  • Dow Jones
  • New York Stock Exchange
  • S&P 500

Pros

  • The broker's Academy offers comprehensive learning materials for beginners to advanced-level investors
  • A free demo account means new users and prospective day traders can try the broker risk-free
  • eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC

Cons

  • Average fees may cut into the profit margins of day traders
  • There's no MetaTrader 4 platform integration for traders who are accustomed to using third-party charting tools
  • There's a narrower range of day trading instruments available compared to competitors, with only stocks, ETFs and cryptos

OANDA US

"OANDA remains an excellent broker for US day traders seeking a user-friendly platform with premium analysis tools and a straightforward joining process. OANDA is also heavily regulated with a very high trust score."

Jemma Grist, Reviewer

OANDA US Quick Facts

Demo AccountYes
InstrumentsForex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA)
RegulatorNFA, CFTC
PlatformsOANDA Trade, MT4, TradingView, AutoChartist
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD

Stock Exchanges

OANDA US offers trading on 0 stock exchanges:

Pros

  • There's a strong selection of 68 currency pairs for dedicated short-term forex traders
  • The broker's API facilitates access to 25 years of deep historical data and rates from 200+ currencies
  • The broker offers a transparent pricing structure with no hidden charges

Cons

  • The range of day trading markets is limited to forex and cryptos only
  • It's a shame that customer support is not available on weekends
  • There's only a small range of payment methods available, with no e-wallets supported

DNA Markets

"DNA Markets is an excellent choice for short-term traders familiar with the MetaTrader platforms. The smooth sign-up process also makes it easy to get started while the $100 minimum deposit is accessible. That said, DNA Markets trails the top brokers in education, research and mobile trading. "

Jemma Grist, Reviewer

DNA Markets Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Indices, Commodities, Stocks, Crypto
RegulatorASIC
PlatformsMT4, MT5
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:500
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, SGD

Stock Exchanges

DNA Markets offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange
  • Toronto Stock Exchange

Pros

  • You can access low trading fees with spreads from 0.0 pips in the Raw account and zero non-trading fees
  • Convenient account funding is available with 7 base currencies, a $100 deposit and a wide range of payment methods
  • DNA Markets offers top-rate platforms and charting tools for day traders with access to MT4 and MT5

Cons

  • Despite access to MT4 and MT5, there is no proprietary trading app for seamless account management whilst on the go
  • Although it continues to strengthen its client base and reputation, DNA Markets lacks the track record of top brokers like Vantage
  • Unlike many alternatives, there are limited educational and research tools for traders seeking an all-in-one solution

IG

"IG continues to provide a comprehensive package with an intuitive web platform and best-in-class education for beginners, plus advanced charting tools, real-time data, and fast execution speeds for experienced day traders."

Christian Harris, Reviewer

IG Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
RegulatorFCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB
PlatformsWeb, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:30 (Retail), 1:250 (Pro)
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD

Stock Exchanges

IG offers trading on 20 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Bombay Stock Exchange
  • Borsa Italiana
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • National Stock Exchange Of India
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • Tadawul
  • Taiwan Stock Exchange
  • Toronto Stock Exchange

Pros

  • The IG app offers a superb mobile trading experience with a clean design that helped it secure Runner Up at our Best Trading App award
  • The proprietary web-based platform continues to caters to traders of all levels, with advanced charting tools and real-time market data useful for day trading
  • IG is amongst the best in terms of its range of instruments, which includes stocks, forex, indices, commodities, and cryptocurrencies, providing ample diversification opportunities

Cons

  • Stock and CFD spreads still trail the cheapest brokers like CMC Markets based on tests
  • While there is negative balance protection in the UK and EU, there is no account protection or guaranteed stop losses for US clients
  • IG applies an inactivity fee of $12 per month after 2 years, deterring casual investors

Pocket Option

"Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials."

Jemma Grist, Reviewer

Pocket Option Quick Facts

Bonus Offer50% Deposit Bonus
Demo AccountYes
InstrumentsBinary Options, Currencies, Commodities, Stocks, Indices, Cryptos
RegulatorMISA
PlatformsWeb, MT4, MT5
Minimum Deposit$50
Minimum Trade$1
Account CurrenciesUSD

Stock Exchanges

Pocket Option offers trading on 11 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • S&P 500

Pros

  • The MetaTrader platforms offer integrated analysis with helpful technical summaries for short-term traders
  • Well-funded traders who deposit $1000+ can qualify for a 2%+ payout boost, more tradable assets and exclusive perks
  • The range of payment methods beats the majority of rivals, providing fast, secure and convenient deposits for traders in most countries

Cons

  • Pocket Option offers a slimmed down iteration of the MT4 and MT5 that doesn't provide the full charting package for advanced traders
  • The MISA is a weak regulator with limited investor protection for retail traders
  • The maximum binary contract length of 4 hours is restrictive for longer-term trading strategies. Alternatives like Videforex offer binaries up to 1 month

IQCent

"IQCent will appeal to day traders looking for a straightforward binary options and CFD trading platform with low fees, a range of accounts, and copy trading. Getting started takes less than 1 minute and a $250 deposit. "

Jemma Grist, Reviewer

IQCent Quick Facts

Bonus Offer20% to 200% Deposit Bonus
Demo AccountYes
InstrumentsBinary Options, CFDs, Forex, Indices, Commodities, Crypto
RegulatorIFMRRC
PlatformsOnline Platform, TradingView
Minimum Deposit$250
Minimum Trade$0.01
Leverage1:500
Account CurrenciesUSD, EUR

Stock Exchanges

IQCent offers trading on 0 stock exchanges:

Pros

  • The proprietary terminal offers TradingView-powered charts which deliver dozens of technical indicators and studies
  • The broker's 24/7 customer support is fast and reliable, responding within 1 minute during tests
  • The broker offers up to 98% payouts on binary options, which is more than alternatives like Pocket Option, only offering up to 92%

Cons

  • IQCent trails binary brokers like Quotex with its narrow investment offering of around 100 assets with no stocks
  • IQCent charges a punitive $10 monthly inactivity fee if you fail to place at least 1 trade per month
  • The market analysis is very basic with limited technical summaries and insights from analysts

RedMars

"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."

Christian Harris, Reviewer

RedMars Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Cryptos
RegulatorCySEC
PlatformsMT5
Minimum Deposit€250
Minimum Trade0.01 Lots
Leverage1:30 (Retail), 1:500 (Pro)
Account CurrenciesUSD, EUR

Stock Exchanges

RedMars offers trading on 15 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • Nasdaq
  • National Stock Exchange Of India
  • New York Stock Exchange
  • S&P 500
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange

Pros

  • The broker supports a range of flexible payment methods, including wire transfers, credit cards, e-wallets, and notably cryptocurrencies
  • Getting started on RedMars is incredibly easy - you can be up and running in just a few minutes based on tests
  • Clients in the EU, in particular, can trade with peace of mind knowing RedMars is authorized by the CySEC with up to €20K compensation available through the ICF in the event of bankruptcy

Cons

  • With just 300 instruments, RedMars offers a narrow trading environment, particularly compared to category leaders like BlackBull Markets which offers 26,000 assets
  • RedMars falls short for newer traders, with little in the way of education, no beginner-friendly platform, a steep minimum deposit, and inadequate support during testing
  • While RedMars' spreads are within industry averages, they don't offer a significant edge over the cheapest day trading brokers we've personally used, notably IC Markets

Interactive Brokers

"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."

Christian Harris, Reviewer

Interactive Brokers Quick Facts

Demo AccountYes
InstrumentsStocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies
RegulatorFCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA
PlatformsTrader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral
Minimum Deposit$0
Minimum Trade$100
Leverage1:50
Account CurrenciesUSD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF

Stock Exchanges

Interactive Brokers offers trading on 15 stock exchanges:

  • Borsa Italiana
  • CAC 40 Index France
  • Chicago Mercantile Exchange
  • Euronext
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Metal Exchange
  • London Stock Exchange
  • Nasdaq
  • Nasdaq Nordic & Baltics
  • New York Stock Exchange
  • Russell 2000
  • Shenzhen Stock Exchange
  • Toronto Stock Exchange

Pros

  • While primarily geared towards experienced traders, IBKR has made moves to broaden its appeal in recent years, reducing its minimum deposit from $10,000 to $0.
  • IBKR continues to deliver unmatched access to global stocks with tens of thousands of equities available from 100+ market centres in 24 countries.
  • IBKR is one of the most respected and trusted brokerages and is regulated by top-tier authorities, so you can have confidence in the integrity and security of your trading account.

Cons

  • IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
  • TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.
  • Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.

How To Trade On The Abu Dhabi Securities Exchange

Day trading is legal in the UAE, and foreign investors including non-residents are welcome to invest in the ADX and other Emirati exchanges, though there are several things you need to know to start investing:

How To Compare Abu Dhabi Securities Exchange Brokers

Once you have obtained an investor number, you can begin investing through brokers that support trading on the Abu Dhabi Securities Exchange. There are many factors to consider before choosing between investment platforms:

Fees

Costs will be a significant influence when choosing between ADX brokers. Fees can vary massively between brokers so you’ll want to spend some time comparing these before committing to a live account. Emirates NBD Securities, for example, charges a 0.125% broker commission for all trades placed on the Abu Dhabi Securities Exchange. EFG Hermes, on the other hand. charges 0.275% +AED 10 per order.

It is also important to factor in the cost to obtain your investor number to trade the ADX. This varies between Abu Dhabi Securities Exchange brokers or affiliates, however our experts found this is AED 25 via ADIB Securities as an example.

Rewards

Bonuses and financial incentives may also be an important factor when investing through ADX brokers. Though promotions are typically limited, tiered programs and rewards are sometimes offered by Abu Dhabi Securities Exchange brokers.

Emirates NBD Securities, for instance, operates a THARAA membership program with reward points available to be redeemed again future transactions made with the online broker.

Account Opening

The best Abu Dhabi Securities Exchange brokers will offer a fast and efficient new profile registration process. You should look out for online application forms when opening a new account as some brokers based in the UAE still do not provide this. Automated services, particularly when it comes to identity verification, should rank highly.

Platforms & Investment Analysis

Trading terminals bridge the gap for retail investors to trade on a stock exchange. The top Abu Dhabi Securities Exchange brokers will provide a range of platforms that day traders can use to invest their funds. This may include industry-established platforms such as MetaTrader 4 or 5, or bespoke software developed by the broker.

EFG Hermes, for example, provides traders with access to their ‘Pro’ and ‘One’ state-of-the-art platforms integrating real-time data, a wide array of asset classes and analysis tools at the touch of a button.

Abu Dhabi Background

Oil wealth has propelled Abu Dhabi through a period of rapid development since the UAE gained independence from the UK in 1971, and today this Gulf capital boasts an impressive array of features and amenities including a world-class airport, luxury hotels, and shopping malls filled with international brands’ stores.

Abu Dhabi is the regional centre for government as well as financial institutions including the First Abu Dhabi Bank – the largest Emirati bank – and the Abu Dhabi Securities Exchange. As the UAE’s capital city, financial hub, and the home of cutting-edge sports, cultural and entertainment venues, Abu Dhabi’s profile has been rising internationally both as a holiday destination and a location to build lucrative careers.

Abu Dhabi’s path to development has been fuelled by fossil fuel wealth generated from the UAE’s vast reserves through the activities of the Abu Dhabi National Energy Company, TAQA. However, a glance at local job boards, business journals and financial news sources reveal the presence of booming construction, service, communications and financial sectors.

Investing In The ADX

The Abu Dhabi Securities Exchange is a gateway for investors to access this dynamic, rapidly growing market via online brokers. Over two decades of sustained growth since its foundation, the ADX’s performance has reflected Abu Dhabi and the UAE’s move from an oil-based to a more diverse economy.

The Abu Dhabi Securities Exchange has steadily gained recognition from international financial institutions as it met regulatory standards, winning it emerging market status on leading indices including the S&P, Dow Jones and FTSE. It has also made moves to follow international norms on sustainability, publishing its first sustainability report and issuing Environmental, Social and Governance guidance to companies in 2020.

History & Constituents

Founded in 2000, the Abu Dhabi Securities Exchange is the leading exchange in the UAE with a market capitalization of more than $530 billion in 2022. This makes the ADX the second-largest regional stock exchange after Saudi Arabia’s Tadawul, and it is considerably larger than local competitors the Dubai Financial Market and Nasdaq Dubai.

The Abu Dhabi Securities Exchange lists 73 organizations in its issuers directory, representing a broad swathe of the Emirati banking, energy, construction, insurance and service sectors. This list mainly comprises local public joint-stock companies which can be traded on the ADX’s main market, but it also includes twelve private equity companies established in the UAE that trade on the parallel second market.

Major players on the Abu Dhabi Securities Exchange include:

These corporations alone account for a large proportion of the Abu Dhabi Securities Exchange’s market cap, and it is well worth keeping up to date with their financial statements to give you an idea of the market direction. The top Abu Dhabi Securities Exchange brokers will provide the latest financial details and significant market shifts associated with these companies.

The International Holding Company, which is owned through the Royal Group by members of the UAE’s monarchy, is of special interest as it is both the largest company listed on the ADX and the owner of subsidiary companies, such as tech firm Multiply, which are also listed.

Key Dates

Since its inauguration in 2000, the ADX has hit a number of significant milestones:

Strategy Tips

A winning strategy requires thorough research, and the best first step before making any trades on the Abu Dhabi Securities Exchange is to familiarize yourself with the index’s historical performance as well as the companies listed on it.

You can get a general idea about the state of the ADX by researching the FTSE ADX Index Series. The index series, developed in partnership with FTSE Russell, provides daily index calculations on all listed companies on the ADX General Index. It also provides ten sector-specific indices based on the Industry Classification Benchmark, as well as the FTSE ADX 15, an index based on the top 15 companies listed on the ADX. It is a good idea for investors to supplement their research of these indices by studying financial statements and annual and quarterly reports from any specific companies which catch their eye. The best Abu Dhabi Securities Exchange brokers will provide this information in a coherent and simplified manner, ideal for beginners to digest the relevant information.

One thing to bear in mind while trading with ADX brokers is that with just 73 listed companies, this is a relatively small index that is dominated by a handful of big players. As a result, the index will be disproportionately affected by the performance of the largest companies. For example, the International Holding Company and First Abu Dhabi Bank, the two largest companies on the index, account for more than a quarter of the index’s value based on market capitalization in 2022. Studying the specific indices by sector will give you a clearer picture of performance indicators if you want to trade in smaller companies.

You should also note that, as the primary stock exchange for a Gulf state which has historically depended on oil wealth, the ADX’s market dynamics have largely been shaped by developments related to fossil fuels.

This is not to say that the ADX’s price has simply followed oil prices. In fact, the impressive performance of the ADX since its foundation in 2000 has depended more on the influx of large amounts of Foreign Direct Investment, which has flowed steadily into the UAE since 2010 as the result of an intense programme of reforms aimed at diversifying the economy away from hydrocarbons.

Nevertheless, large oil and gas reserves continue to underpin the UAE’s economy, and this might explain the ADX’s buoyant performance since Russia launched its invasion of Ukraine in February 2022. While major international stock exchanges have faltered since the invasion, the ADX reached an all-time high above 10,000 in March 2022, after plunging to an eight-year low of around 3,600 in March 2020. Higher oil prices are likely to bring more revenues to the UAE, and this may well be reflected in significant upticks in investment in various sectors such as construction.

So, keeping a close eye on developments that may affect hydrocarbon prices and FDI in the UAE will form an essential part of the strategy both for long-term investors and for traders looking to profit from shorter-term price movements.

Trading Hours

The Abu Dhabi Securities Exchange is open Monday through Friday, with the day divided into four stages during which buy and sell orders can be entered:

The ADX’s opening hours are in Gulf Standard Time (UCT + 4), and it is worth keeping in mind that the exchange is only open on weekdays. Note, not all accredited Abu Dhabi Securities Exchange broker’s will provide out-of-hours trading so check this before you sign up.

Market Holidays

As an Islamic country, many of the United Arab Emirates’ national holidays are based on the Islamic calendar and will change from year to year in relation to the commonly used Gregorian calendar. Make a note of the dates of Eid al-Fitr and Eid al-Adha if you plan to trade on the Abu Dhabi Securities Exchange this year, as markets will be closed throughout these holidays. These dates should be reflected in your Abu Dhabi Securities Exchange brokers’ trading calendar.

Other holidays which affect the Abu Dhabi Securities Exchange include:

Final Word On ADX Brokers

The Abu Dhabi Securities Exchange is home to some of the largest companies in the Middle East. And while the country and economy have historically been dependent on oil, foreign investment, among other factors, now play a key role. Use our guide above to start trading on the ADX and use our list of the best Abu Dhabi Securities Exchange brokers.

FAQs

ARE Abu Dhabi Securities Exchange Brokers Regulated?

The ADX is regulated by the Securities and Commodities Authority, a federal authority established by the UAE government in 2000 to oversee markets. The SCA reports directly to the UAE’s economy minister. The best ADX brokers are also regulated locally.

Where Is The Abu Dhabi Securities Exchange Located?

The main headquarters of the ADX is found in the Landmark Tower on Al Hisn Street in the Abu Dhabi city centre. Branches of the ADX can also be found in Al Ain and Sharjah. Note, ADX brokers may be based locally or offshore.

Who Owns The Abu Dhabi Securities Exchange?

The ADX is wholly owned by the Abu Dhabi Developmental Holding Company PJSC, a state-owned development holding company which Abu Dhabi’s government established in 2018.

Who Manages The Abu Dhabi Securities Exchange?

The ADX’s Managing Director and CEO is Saeed Hamad al-Dhaheri, who joined from TAQA where he was a Deputy CEO. The CFO, David Nevin, joined from the Intercontinental Exchange, where he served most recently as Group Finance Director of EMEA. The ADX’s board of directors is headed by chairman H.E. Hisham Khalid Malak, who also serves as undersecretary in Abu Dhabi’s Department of Finance.

What Is The Best Way To Contact The Abu Dhabi Securities Exchange?

The easiest way to reach the ADX is through its website, which includes a section listing its contact number and a live chat option. It also allows users to write messages directly to the ADX’s customer service officers through the website, though it does not list an email address. You can also follow the Abu Dhabi Securities Exchange through its Twitter account or contact Abu Dhabi Securities Exchange brokers for any other questions.