Emirates NBD is a Dubai-based broker, established in 1963. The brand services 20+ million customers in over 13 countries and is recongized as a leading financial services provider in the UAE with AED 800+ billion in assets. Retail investors can speculate on four major markets including the Abu Dubai Securities Exchange (ADX).
Forex4you offers retail trading on a choice of top trading platforms.
Bonus Offer
100% deposit bonus
Comment by Reviewer
"Traders who want a reliable MENA brokerage with a choice of trading platforms and backing from an established bank should check out Emirates NBD."
Pros
The company is licensed by the Central Bank of the UAE and the Securities and Commodities Authority (SCA)
A convenient daily trading programme can be used to automate mutual fund investments with a minimum trade value of AED 8
Transparent pricing model with commission fees by exchange outlined plus a useful commission calculator
THARAA' loyalty program with tiered membership status and rewards for every completed transaction
A good choice of trading platforms with mobile app compatibility, plus telephone order execution
Customer support is available 24/7 via phone, email or online chat bot
Leveraged trading options available
Cons
Trading focused on the MENA region with limited global exposure
An Emirates NBD banking account is needed to deposit and withdraw
A AED 3000 minimum must be maintained across bank accounts
Slim investment offering with no forex trading
Mobile app navigation trails the best brokers
There is no demo account for new clients
There is limited education for beginners
Slow sign up process
Awards
Nasdaq Dubai's Retail Broker of the Month Award for April 202
Nasdaq Dubai's Retail Broker of the Month Award for February 2022
Nasdaq Dubai's Retail Broker of the Month Award for December 2021
5-Stars DFM Brokers Excellence Rating certification for the year 2020
Nasdaq Dubai's Retail Broker of the Month Award for June 2020
Nasdaq Dubai's Retail Broker of the Month Award for April 2019
Nasdaq Dubai's Retail Broker of the Month Award for February 2018
Best Forex Broker Asia 2020 - Global Banking & Finance Review
Traders from US accepted