UAE Broker Audit · 2026
IC Markets Review
Offshore ECN with razor spreads and 1:500 leverage.
- Min Deposit
- $200
- Max Leverage
- 1:500
- Spread
- From 0.0 pips
- Asset Class
- Forex
DirhamTrader verdict
IC Markets is a global ECN favourite with razor-thin spreads and 1:500 leverage for UAE residents via its offshore entity — best suited to experienced traders.
Fee & spread breakdown
All-in trading cost summary published by IC Markets for UAE retail clients.
| Fee item | Value |
|---|---|
| EUR/USD spread | 0.02 pips avg |
| Commission | $3.00 / lot / side |
| Swap-free Islamic | Available |
| Inactivity fee | None |
Pros
- Tightest raw spreads
- 1:500 leverage offshore
- Excellent execution speed
Cons
- No DFSA/VARA entity
- Offshore Seychelles licence for UAE clients
How to open a verified IC Markets account from Dubai / UAE
5-step onboarding for UAE residents — typical end-to-end time: under 24 hours.
- 1
Verify UAE residency documents
Have your Emirates ID, passport copy and a recent DEWA/utility bill ready as proof of address — required by every DFSA, VARA and ADGM regulated entity.
- 2
Register on IC Markets's UAE onboarding portal
Use the secure affiliate link to open an account under the UAE-licensed entity (not the offshore one). Select AED or USD as your base currency.
- 3
Complete KYC and risk profile
Upload your ID, complete the appropriateness test and accept the UAE client agreement. Verification typically clears within 1 business day.
- 4
Fund via local AED bank transfer
Deposit from ADCB, Emirates NBD, Mashreq or Wio in AED — instant for most retail accounts. Card and crypto rails are also supported.
- 5
Place your first trade on the demo, then go live
Test execution on a demo account using the live pivots above, then switch to your funded account with a tight initial risk per trade (≤1%).
Ready to trade with IC Markets?
Open a verified UAE account in minutes. Trading is high-risk — only deposit capital you can afford to lose.