Is Forex Trading Legal in Dubai? 2026 Laws, Regulations & Rules

Is forex trading legal in Dubai? The honest short answer is "it depends on who offers it, where, and to whom". Dubai is not a single legal zone. It sits inside the UAE federal system, contains a financial free zone with its own regulator, and is next to another one in Abu Dhabi. This guide takes ten questions, the sort you would put to a compliance officer, and answers each in plain language. It is education, not legal advice, and laws change, so verify everything with the regulators and a qualified UAE lawyer. ⚖️

⚠️ Legal caution: the rules that matter include federal law applied by the Securities and Commodities Authority (SCA), the Central Bank of the UAE, the Dubai Financial Services Authority (DFSA) in the Dubai International Financial Centre (DIFC), the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market (ADGM) and the Virtual Assets Regulatory Authority (VARA) for crypto-assets in Dubai. This page does not state that any firm is licensed or that you may trade with it. A website, an advert or a social-media post proves nothing. Check each licence on the regulator's own public register.

❓ Question 1: Is Retail Forex Trading Illegal in Dubai?

Public information from the UAE regulators indicates that financial activities are permitted when carried out by licensed firms under the right regime. There is no simple blanket statement that an individual in Dubai who trades through an authorised provider is committing an offence. At the same time, offering or promoting trading services without the proper licence can be an offence, and unlicensed offers are the main source of regulatory warnings. Rules for margin products, leverage and marketing have also been tightened in various ways over time. Treat "legal" as a status of the firm and the product, not a label for the whole market. 🟢

❓ Question 2: Who Is the Main Regulator?

It depends on the structure. Onshore (outside the free zones), the SCA is the federal securities and commodities regulator, and the Central Bank covers banking and payment activity. DIFC is a financial free zone in Dubai where the DFSA licenses and supervises financial firms. ADGM in Abu Dhabi has the FSRA. VARA oversees virtual assets in Dubai outside the DIFC. A firm may hold a licence from one of these, and the licence defines what it may do and for whom. 🏛️

❓ Question 3: What Does a DFSA Licence Mean for Me?

A DFSA authorisation relates to the entity named on the DFSA public register, with permitted activities and client categories. Some authorised firms deal only with professional clients, not retail. A logo on a website does not tell you which category applies to you. Read the "Public Register" entry, check the permissions and ask the firm in writing whether it would accept you as a retail client. Read the Exness legal documents page and note which entity and regulator it names for UAE residents 🏛️

❓ Question 4: Can an Offshore Broker Serve Me?

Many online brokers are registered in distant jurisdictions and say they accept clients worldwide. Whether that is lawful for a resident of Dubai depends on UAE law and the firm's own licence conditions. Some regulators publish lists of unlicensed entities. Offshore status can also mean limited recourse if a dispute arises. Ask the firm which entity would hold your account and whether it is permitted to deal with UAE residents. Check the FxPro regulatory page and write down the entity that would serve a client living in Dubai 🌍

❓ Question 5: What About Leverage?

Leverage rules vary by regulator and client category. Retail clients in many jurisdictions face caps; professional clients may have more room. Offshore entities often advertise very high ratios. High leverage is not an indication of legality; it is a magnifier of risk. Whatever the ratio, losses can exceed deposits at some firms and not at others, so ask about negative-balance protection. ⚡

❓ Question 6: Are Signals, Copy Trading and Social Promotion Legal?

Promotion of financial products is regulated. Influencers promoting brokers, recruiters on messaging apps and "managed account" providers may need licences or approvals, and promoting an unlicensed firm can create exposure for the promoter. If someone offers to manage your money, ask for their licence and verify it on the register. 📢

❓ Question 7: What About Taxes?

Information from the UAE authorities has changed in recent years with the introduction of corporate tax and VAT, while personal income has historically not been taxed in the same way as elsewhere. How trading income is treated depends on your status, whether you trade personally or through a company, and where you are tax-resident abroad. This is a question for a qualified tax adviser, and records of every trade help. 🧾

❓ Question 8: What About Residents From Other Countries?

Many people in Dubai are expatriates. Your home country may tax or restrict your trading regardless of where you live, and it may forbid dealing with certain firms. Check both jurisdictions, and use your real residence on forms. 🌐

❓ Question 9: How Do Scams Operate in Dubai?

Fraudsters use luxury imagery, fake awards, "VIP" groups and fake regulator badges. They quote a licence number that belongs to another firm or does not exist, ask for transfers to personal accounts and charge "release fees" on withdrawals. Rules to follow: verify on the register, pay only to accounts in the firm's name, refuse any withdrawal fee that is not in the published terms, never share OTPs and report suspicious offers to the regulator and police. 🚨

❓ Question 10: What Is a Safe Way to Proceed?

Confirm the entity and licence, read the permissions, ask in writing whether it can serve you, practise on a demo, start with an amount you can lose, test withdrawal, keep records, take tax advice and stop if anything looks odd. Open the JustMarkets legal section and see which entities and jurisdictions are listed for the Middle East 🛡️

🕐 Dubai Time

The UAE is on UTC+4 all year with no daylight saving. London opens at 11:00 or 12:00 in Dubai depending on the season, and New York opens in the late evening. Plan sessions so that you sleep. 🕐

✅ Verdict

Forex trading is not simply "legal" or "illegal" in Dubai. The status depends on the firm's licence, its permitted clients and your own situation. Verify, document and ask for professional advice before depositing. 🚀

🗺️ The Dubai Map: Three Layers to Keep Apart

Layer one: the federal layer. UAE federal laws and federal regulators apply across the country except where a free zone has its own framework. The SCA oversees securities and commodities activity at federal level; the Central Bank supervises banks and payment services. 🗺️

Layer two: the free-zone layer. DIFC in Dubai has its own legal system based on common-law principles, its own courts and its own financial regulator, the DFSA. A firm authorised there operates under DIFC rules, with permitted activities listed on the register. 🗺️

Layer three: the sector layer. Virtual assets in Dubai have their own regulator, VARA, and its own rulebooks. A firm offering crypto-linked contracts needs to be examined under that layer, not under the forex layer. 🗺️

When someone says "it is regulated in Dubai", ask: which layer, which authority, which licence, which activities and which client category? 🗺️

🧾 Case File A: "Gulf Premier Capital"

A glossy website shows towers, a gold-coloured badge and a claim of "licensed in Dubai". A reader asks for the licence number and gets a number in an email. He searches the DFSA public register and finds no match; he searches the SCA lists with the same result. He asks the firm for the legal entity, and the reply names a company registered on a remote island, with Dubai only as a sales office. The firm cannot say whether it is permitted to deal with UAE residents. The reader scores it as a failed check and walks away. Lessons: a Dubai address is not a Dubai licence, and a sales office is not an authorised entity. 🧾

🧾 Case File B: A DIFC-Authorised Firm With Professional-Only Permission

Another firm appears on the DFSA register with permissions for dealing in investments. The reader reads the entry and notices that the client categories are professional clients. The firm's own site says retail clients are not accepted. The reader, a salaried engineer, does not meet the professional criteria. He does not open an account. Lessons: a real licence may still exclude you. 🧾

🧾 Case File C: The WhatsApp Mentor

A stranger in a group promises to double a deposit in a month using a "signal system" and asks for money by bank transfer to a personal account. He says he is partnered with a "Dubai-based fund". The reader asks for a licence and a contract; the mentor blocks him. Lessons: personal accounts, guaranteed returns and refusal to give a licence are enough evidence. 🧾

🧾 Case File D: The Expat With Home-Country Rules

A resident from another country trades with an offshore broker. His home country restricts residents from using unauthorised foreign brokers, and reporting obligations apply to his foreign accounts. He had not read them. A lawyer in his home country explains the position. Lessons: the UAE is not the only jurisdiction that matters. 🧾

🔎 Using the DFSA Public Register

Visit the DFSA website and find the public register. Search by firm name and by reference number. Open the firm's entry and read the status (authorised or not), the authorised activities, the client restrictions and any conditions. Check the contact details against the firm's website and note whether the register mentions enforcement actions. Take a dated screenshot. If the firm says it is "DFSA-regulated" and does not appear, ask why. 🔎

🔎 Using the SCA Resources

Look at the SCA site for its lists of licensed firms and its warnings on unlicensed entities. Use the exact company name and look at the activity type licensed. A licence for a brokerage in local securities does not automatically cover offering foreign-exchange margin contracts to retail customers. Ask for the precise licensed activity. 🔎

🔎 Checking ADGM and VARA

If a firm claims ADGM authorisation, use the FSRA public register. If it claims virtual-asset authorisation in Dubai, use VARA's published register. Each register has its own search method. Use only the regulator's site, typed by you. 🔎

🧠 Why "Regulated" Is Not Enough

A licence says a firm is allowed to carry out specific activities under supervision. It does not say you will make money, that you will be compensated for trading losses or that every rule is followed. Ask what protections come with the licence: client-money segregation, complaints procedures, ombudsman or dispute resolution, compensation schemes. These differ by regulator and client category. 🧠

🛑 Practices That Often Break Rules

• Promoting trading signals for payment without authorisation. 🛑
• Accepting client money for "managed trading" without a licence. 🛑
• Advertising guaranteed or "risk-free" returns. 🛑
• Using another firm's licence number. 🛑
• Collecting deposits to personal accounts. 🛑
• Recruiting with commission schemes that look like pyramids. 🛑

If you see any of these, the safest response is to walk away and report.

🕌 Faith and Finance: The Halal Question

Many readers in Dubai ask whether forex is permissible in Islam. Scholars differ. Concerns raised commonly include interest on overnight positions (swaps), delayed settlement in currency exchange, and speculation resembling gambling. Some brokers offer swap-free accounts that replace swaps with other fees. Whether that satisfies your conscience is for a qualified scholar to say. Decide the religious question first, then the legal one. 🕌

🧳 Visitors, Tourists and Short-Term Residents

If you are in Dubai briefly, your residence status and the origin of your funds matter. Opening accounts or moving large sums can trigger checks. Do not treat a holiday as a loophole for restricted trading. Ask your home authorities what applies to you, and use your genuine address on forms. 🧳

🏢 Trading Through a Company

Some people consider a company to hold a trading account. That adds licensing, corporate tax, accounting and banking questions. A company that trades only its own money may face different rules from one that manages money for others. Get advice from a UAE corporate lawyer and accountant before setting up anything. 🏢

💼 Employees of Banks and Regulated Firms

If you work in finance, your employer may restrict personal trading or require pre-approval and disclosure. Breaking an internal rule can end a career. Read your contract and compliance manual before opening any account. 💼

🧮 Anti-Money-Laundering and Your Money

Funding and withdrawals can be questioned by banks and brokers under anti-money-laundering rules. Expect to explain where funds come from, and keep documents such as salary slips and bank statements. Moving money through third parties, cash deposits or unusual routes invites trouble. Honest, traceable, same-name transfers are the safest. 🧮

💳 Payments and Banks in the UAE

Some UAE banks restrict or monitor payments to certain trading platforms. Card payments can be declined. Bank wires may involve forms and questions. Do not bypass these controls with intermediaries. If a payment is blocked, ask the bank why and consider that it may be a signal. 💳

🛡️ Client Money and Dispute Paths

Before depositing, ask where client money is held, whether it is segregated, which court or ombudsman covers disputes and in which language and jurisdiction the contract is governed. A DIFC-authorised firm may route disputes differently from an offshore one. A written answer is worth far more than a salesman's assurance. 🛡️

📣 Reporting Suspicious Offers

If you encounter an unlicensed or suspicious offer, you can report it to the relevant regulator, to your bank and to the police cybercrime channels. Keep screenshots, chat logs, transfer receipts and names. Do not engage with "recovery" services that ask for upfront fees. 📣

🎓 Learning Without Risking Money

Demo accounts, books and regulators' investor-education pages are enough to learn. Be careful with expensive "academies" in glossy venues. Check who teaches, whether they hold any licence for advice and whether their claims are verifiable. 🎓

🧠 Behavioural Traps for High-Income Expats

Disposable income can make small losses feel harmless and encourage larger positions. Social settings reward bragging about wins. Set rules before you start, tell no-one your balance and treat any account as experimental money. 🧠

📅 Staying Current With Rule Changes

Regulators change rules and publish notices. Subscribe to regulator newsletters, check their pages quarterly and save copies of the version you relied on. A rule read in 2024 may be different in 2026. 📅

🗣️ A Dialogue With a Compliance Officer

*You:* "I live in Dubai. Can I open an account with your company?"

*Officer:* "Which entity are you asking about? We have several."

*You:* "The one that would hold my account. What is its name and regulator?"

*Officer:* "We would have to check your residence and client category first."

*You:* "Please put that in writing, with the licence reference and the activities it covers."

*Officer:* "We can send it."

*You:* "And if my account is closed because of a rule, how are funds returned?"

*Officer:* "It is in the client agreement, section nine."

This is how a decent conversation sounds: names, categories, references and clauses. If the answers are all slogans, you have your answer. 🗣️

🧪 A Ten-Point Legal Checklist Before Depositing

1. Entity name and registration number noted. ✅
2. Regulator named and register checked personally. ✅
3. Permissions cover the product you want. ✅
4. Client category (retail or professional) matches yours. ✅
5. Firm confirmed in writing it can serve UAE residents. ✅
6. Funding to an account in the firm's name only. ✅
7. Fees and withdrawal terms read. ✅
8. Dispute route and governing law known. ✅
9. Tax position discussed with an adviser. ✅
10. A tiny test deposit and withdrawal done first. ✅

💬 Common Myths About Dubai and Forex

Myth: "Dubai has no rules, so anything goes." Reality: the UAE has detailed financial regulation across layers. 💬

Myth: "A Dubai office means a Dubai licence." Reality: an office is not an authorisation. 💬

Myth: "If it is on social media with thousands of followers, it is legit." Reality: followers can be bought. 💬

Myth: "A regulator will get my money back." Reality: regulators supervise; they do not guarantee profits or losses. 💬

Myth: "High leverage means a better broker." Reality: it means more risk. 💬

🧯 If You Have Already Lost Money to an Unlicensed Firm

Stop paying. Save every piece of evidence. Report to your bank immediately, since quick action can sometimes help. File reports with the police and the relevant regulator. Consult a UAE lawyer about options. Be wary of "fund recovery" offers, which are a second scam. 🧯

🧭 How This Differs From a Broker Comparison

A list of brokers answers "who might I use?" This guide answers "may I, and how do I find out?" Do the legal check first and the comparison second. 🧭

⚠️ Risk Reminder

Forex and CFDs are leveraged and a large share of retail accounts lose money. The legal status of a firm does not reduce market risk.

🏙️ Everyday Scenes From Dubai

Business Bay, 7 a.m. Rania, an accountant, scrolls a feed that shows a stranger in a rented supercar promising "daily signals". She screenshots the post and sends it to a friend who works in compliance, who asks a single question: "Which licence?" There is no answer. 🏙️

Marina, evening. Tom, a pilot between flights, wants to try forex for fun. He reads the DFSA register, the broker's client agreement and the cost table. He opens a demo and puts nothing live until his tax adviser has called him back. 🏙️

Deira, a shop counter. Mr Nair, a trader in textiles, hears about a "currency programme" from a customer. He knows exchange-house rules and asks for the contract and a licence in the firm's name. The customer vanishes. 🏙️

Jumeirah, a café. Layla, a student, is shown a "copy-trading" group by a classmate. She asks whether the leader has a licence to manage funds, since copying involves someone else deciding on your money. The classmate has no idea. 🏙️

🏛️ How Regulators Typically Think About Retail Margin Products

Across the world, regulators have worried about retail clients losing money on leveraged contracts. Their tools include licensing, capital rules, disclosure of loss percentages, limits on leverage and bonuses, and restrictions on advertising. UAE authorities have their own approaches by layer and client type. Because those rules evolve, a statement from a few years ago may be out of date. Use current pages and notices. 🏛️

📑 What a Good Risk Warning Looks Like

A licensed firm usually publishes a risk warning stating the percentage of retail accounts that lose money, the effect of leverage and the possibility of losing more than your deposit where that applies. If a site has no such warning, or buries it, that is not reassuring. Read the warning before reading the marketing. 📑

🧑‍⚖️ When to Hire a Lawyer

Consider a UAE-qualified lawyer if you plan to trade large sums, to trade through a company, to manage money for others, to receive payments from clients or if you have been defrauded. Ask about their experience in financial regulation and how fees work. Beware of lawyers found only through ads in the same groups that sold you the scheme. 🧑‍⚖️

💰 Costs of Doing This Properly

Properly means time and a small outlay: perhaps an hour with an adviser, a day of research, and an amount you can afford to lose. Improperly can cost everything and add legal trouble. The cheapest protection is patience. 💰

🔁 Recheck Cycle

Every quarter, recheck the entity's status on the register, reread the terms for changes, review fees and confirm your tax position. Firms get new licences and lose them. A status that was fine last year may not be fine now. 🔁

🧭 Reading Warnings From Regulators

Regulators publish warnings listing names of firms that are not authorised. They may also list clones of authorised firms, using real names with fake websites. If a site resembles a known name, compare the domain with the one on the regulator's register. Subtle differences such as an extra word or a different ending are common. Save the regulator's warning page and search it for the firm name before every deposit. 🧭

🧩 Clone Firms: A Quick Test

Find the official domain on the regulator's register. Compare it letter by letter with the site you are on. Look at the registration date of the domain through a public lookup. Call the number listed on the register, not the one on the site. If the two do not agree, you may be on a clone. 🧩

📞 Calling the Regulator

Regulators have public contact channels. You can ask whether a named firm is authorised and for what. Write down the date, the name of the person and the answer. A short call can save a large loss. 📞

🧷 Documents Worth Keeping

Keep the firm's licence confirmation, your account agreement, statements, deposit and withdrawal receipts, correspondence and your legal or tax advice. Digital copies in two places. If a problem arises, your file is your case. 🧷

🧮 Two Worked Examples of Cost and Risk

*Example one.* An account of 3,000 dirhams on a firm that offers very high leverage. You risk two percent per trade, 60 dirhams. A spread of 1.5 pips and a commission cost about ten dirhams on a standard micro-lot round trip. After ten trades the costs are roughly 100 dirhams, a third of your capital, before any losing trade. Costs matter more than the legal badge. 🧮

*Example two.* A withdrawal fee of 25 dirhams and a transfer fee at your bank of 30 dirhams on a 500-dirham withdrawal is eleven percent. Plan withdrawals in sensible sizes and compare fees before choosing a route. 🧮

🧠 The Psychology of Looking for Permission

Many people search "is forex legal" hoping for a yes. A yes from a website is not a licence. Use the question as a prompt for due diligence, not as a stamp. If you find yourself arguing with the evidence, you are probably rationalising. 🧠

🚦 Traffic Lights for a Dubai Offer

Green: named entity on the register, permissions cover the activity, client category fits, written confirmation, funds only to accounts in the firm's name. 🟢

Amber: unclear category, slow replies, offshore entity with vague answers about UAE residents. 🟡

Red: no register entry, personal bank accounts, guarantees, pressure, requests for codes, refusal to give written answers. 🔴

Never deposit on amber without answers; never touch red.

🧰 Tools and Sources

Use regulators' registers and warnings, your bank's fraud team, a UAE lawyer and a tax adviser. Use demo accounts for practice. Use a notebook for notes. Avoid anonymous forums as sources of legal advice. 🧰

🏗️ A Responsible Starting Plan

Week one: read the registers and warnings. Week two: speak to a lawyer or tax adviser. Week three: ask two firms the compliance questions in writing. Week four: demo. Only then consider a small live account. This pace is not slow; it is how you avoid being the story in the next warning. 🏗️

🔥 Your Call to Action

Open the DFSA and SCA pages today. Look up a firm you have seen advertised. Write the result in a note. If it is not on a register, you have learned something valuable for free. Then share this guide with the friend who keeps forwarding you "opportunities". 🔥

⚖️ Closing Disclaimer

Nothing here is legal, tax, religious or investment advice. UAE law and regulation differ by layer, change over time and depend on your circumstances. Confirm with the relevant regulator and a qualified professional before acting.

📚 Glossary of Legal Terms You Will Meet

Authorised firm: a company permitted by a regulator to carry out listed activities. 📚

Permissions or licensed activities: the exact list of what the firm may do; read them. 📚

Retail client: an ordinary individual, usually with the most protection. 📚

Professional client: a person or company that meets size or experience tests and may receive fewer protections. 📚

Passporting: a European concept; it does not exist between the UAE regulators in the same way, so do not assume it. 📚

Client money rules: requirements to keep customer funds apart from company funds. 📚

Governing law: the legal system that decides disputes under the contract. 📚

Ombudsman: an independent body that may handle complaints, where one exists. 📚

Warning list: a regulator's published list of unauthorised or suspicious firms. 📚

🧑‍🤝‍🧑 Talking to Family About the Legal Side

If a spouse or relative worries, show them the register entry, the written reply and your tax note. Show them the budget and the stop rules. A calm paper trail reassures more than enthusiasm, and it protects family finances in case of trouble. 🧑‍🤝‍🧑

🧭 What to Do If the Rules Change

If a firm announces it will no longer serve UAE residents, or a regulator issues a notice about it, stop new deposits, read the notice and plan an orderly withdrawal. Do not panic-trade. Keep all documents. Follow the firm's written closing procedure and escalate to the regulator if funds are held. 🧭

🪪 Identity Checks and Honest Forms

Provide truthful information about residence, employment, source of funds and experience. Exaggerating experience to unlock higher leverage can backfire in a dispute, as the firm may point to your false answers. Honesty is cheaper than litigation. 🪪

🔍 Final Verification Routine

Before every new deposit, spend five minutes: open the register, confirm the status, scan the regulator's warnings and re-read the last email from the firm. This is a habit worth more than any indicator. 🔍

🎯 Summary of the Legal Picture in One Paragraph

Dubai combines federal rules, a financial free zone with its own regulator, a neighbouring financial centre and a separate crypto regulator. Firms may hold licences that let them serve some clients and not others. Unlicensed promotion and managed accounts are common sources of trouble. Your safest path is verification, written confirmation, small steps, tax advice and the willingness to walk away. 🎯

🧪 Ten Quick Questions to Ask Yourself About Any Dubai Offer

Who contacted whom first? If they contacted you, why? Is a licence number given, and does it match a register entry for the same name? Is the activity on the licence the one being sold? Am I the right client category? Are payments requested to the firm's own account in its own name? Is anything guaranteed? Is there a deadline? Can I withdraw in writing-defined steps? Have I told an adviser? Any answer that makes you uneasy is a reason to pause. 🧪

🏦 Banks, Exchange Houses and Trading Money

Exchange houses and banks have strict rules on sending money abroad, particularly for trading. They may ask questions or refuse. Use only regulated channels, in your own name, with documents ready. Avoid hawala-style informal routes for trading funds; the legal and recovery risks are high. 🏦

🪙 Crypto Adjacent Offers

Many "forex" offers now bundle crypto, tokens or "AI trading bots". In Dubai, virtual-asset activities have their own regulator and rules. If a product mentions tokens, check VARA's register or whichever regulator applies, and treat bots that promise fixed daily returns as red flags. 🪙

🌙 A Note on Timing and Pressure

Scammers love Friday afternoons and holidays when banks are closed and regulators are quiet. A "last chance before midnight" message is a signal to stop, not to hurry. Sleep on every deposit decision for at least one night. 🌙

🧱 Building Your Personal Rulebook for Dubai

Write down: the firms I will not deal with without a verified entry; the amounts I will never exceed; the payment channels I will never use; the people I will consult before any deposit; the date I will review. Keep it on one page. Treat it as your own regulation, enforced by you. 🧱

🌟 One Last Thought

The law around trading in Dubai is layered and moving, and no article can replace a current check with the regulators and a qualified adviser. What you can do today is simple: verify, write, ask, wait. 🌟

❓ Frequently Asked Questions

Is forex trading legal in Dubai?

It depends on whether the provider is properly licensed and permitted to serve you. Check the register and take legal advice.

Which authority regulates forex in Dubai?

The DFSA in DIFC, the SCA federally, and others for specific activities. The licence defines the scope.

Can I trade with an offshore broker from Dubai?

Possibly not lawfully. Ask the firm and a UAE lawyer, and verify the entity.

Is forex trading haram?

That is a religious question; some scholars permit certain structures and others do not. Consult a qualified scholar.

Do I pay tax on forex profits in the UAE?

It depends on your status and law at the time; consult a tax adviser.

How do I check a licence?

Use the regulator's own public register, typing the name yourself.

📌 Important: CFD Risk Warning and Disclosure

CFDs and leveraged forex are complex instruments. Because you trade on margin, a small price move against you can remove a large part of your balance quickly, and a majority of retail traders lose money when trading CFDs. Before you open or fund any account, make sure you understand how leverage, margin, swaps and stop-outs work, and only trade with money you can afford to lose. Examples in this article are illustrations, not forecasts, and past performance is not a reliable guide to future results.

Disclaimer: this article is general information and education only. It is not financial, investment, tax or legal advice, and it is not a recommendation to open an account with any provider. Broker conditions, licences, payment methods and local laws change; confirm the current position on the broker's official website, with the relevant regulator and, where needed, with a qualified adviser.

🔗 Affiliate notice: we may earn a referral commission when readers open accounts via links here; your costs stay the same.