1,062 broker-country pairs measured448 brokers20 countriesformula v1.0recalculated 2026-07-09data re-captured 2026-07-09updated 1 day agoAffiliate links never change scores.
FXCM in AE — review, licence and costs
FTFaisal Tannous author
DMDaniel Mercer editor
HMHadi Mansour fact-checker
score recalculated 01.10.2026
Offshore storefront vs local (40 of 76 fields)
Field
Group site
UAE resident
Entity
Halden Global Ltd
FXCM (UAE) LLC
Regulator
FSA Seychelles
SCA
Retail leverage
1:1000group
1:50UAE
Min deposit, USD
10group
100UAE
Currencies
USD, EUR
USD, AED
Negative balance cover
no data
Yes
Complaints
FSA
SCA
Score (40 of 76 of 76 axes)
ranked against full-basis brokers
- Reviews25%reviews 55
- Reviews20%cost 88
- Reviews20%safety 0
- Reviews15%payouts 80
- Reviews10%track_record 100
- Reviews10%platforms 25
2 + 3 × 0.751 = 4.25 · axes on 0–100, total on 2.0–5.0
Who actually onboards you(40 of 76 local and 1 offshore entity in the group)
- Sign-up from a UAE addressRouted to the UAE LLC by residence, not by IP.
- KYC by the UAE LLCEmirates ID and proof of address.
- Contract with the LLCSCA rules apply; complaints go to SCA.
- Client moneySegregated with a UAE bank; bank name no data
Local entityUsed for UAE residents
- FXCM (UAE) LLC, SCA 20200000187
- Retail leverage 1:50UAE
- Negative balance protection: yes
Offshore entityNot used for UAE residents
- Halden Global Ltd, FSA Seychelles
- Leverage 1:1000group
- No SCA complaints route
If the sign-up form ever lands you on the Seychelles entity, the SCA licence above does not cover your account.
Leverage by entity (40 of 76 of 76 entities stated)
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards UAE residents enters the score.
Local entity · onboards youLocal entitylocal · SCA licence no data
1:75UAE
UAE median, local entities: 1:50 · 18 of 20 statedApplies to youLocal entity · onboards youOffshore entityoffshore · SCA licence no data
1:500UAE
UAE median, local entities: 1:50 · 18 of 20 statedApplies to youScale from 1:10 to 1:3000, logarithmic.
Client protection (40 of 76 of 76 stated)
- Local entity onboards youUnregulated offshore for UAE; some sources say FXCM does not directly market in UAE, others say MENA clients accepted via international entities. Not verified as locally licensed.client agreement §4.2 · page
- Segregated client fundsno dataclient agreement §4.2 · page
- Negative balance protectionno dataclient agreement §4.2 · page
- Investor compensation schemeno dataclient agreement §4.2 · page
- Regulator warning on filenone foundclient agreement §4.2 · page
“no data” means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against the UAE market median(priced from 40 of 76 of 76)
Round turn, 1 lot EURUSD, spread plus commission, USD
| Instrument | Halden Raw, USD | Halden Std, USD | UAE median raw | UAE median std | Priced |
|---|
Medians run over the brokers that publish a UAE price, never over all 44. Group-wide prices are excluded.
Accounts(40 of 76 types)
| Account | Min deposit, USD | EURUSD spread, pips | Commission, USD | Leverage | Swap | Currencies |
|---|
Swap-free account terms (40 of 76 terms · 5 stated)
| Term | Halden, UAE |
|---|
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Halden sits in the UAE base(40 of 76 brokers)
Round-turn cost, USD (40 of 76 of 76 priced)
2<6.5
26.5–7.5
27.5–8.5
38.5–9.5
39.5–10.5
110.5–11.5
4≥11.5
Highlighted: Halden Raw at 6.20
Minimum deposit, USD (40 of 76 of 76 priced)
9<25
925–99
10100
3101–299
4≥300
Highlighted: Halden at 100 · UAE median 50
Retail leverage (40 of 76 of 76 with a UAE figure)
11≤1:30
71:50
51:51–200
61:201–400
10>1:400
1 group-only figure excluded · 4 no data
Withdrawal time published (40 of 76 brokers)
Published, hours6No data38Halden is one of the 6
Payouts(40 of 76 of 76 methods timed)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|
Deposit and withdrawal methods (40 of 76 methods · 2 local)
- Cardslocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- bank wire; local AED rails not verified at reviewlocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- Account currency
- USD, EUR, GBP; no AED.
- Fastest withdrawal
- 1 business day for e-wallets; 1-3 business days for cards; 1-2 business days for domestic bank wire; 3-5 business days for international bank wire h UAE
- Fee declared
- 4 of 6 methods
- Withdrawal back to
- the funding method
Where it does not serve(40 of 76 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(40 of 76 of 76 platforms confirmed · 6 asset classes)
- MT5
- MT4, Trading Station, TradingView
- cTrader
- MT4, Trading Station, TradingView
- Web terminal
- MT4, Trading Station, TradingView
- Mobile app
- MT4, Trading Station, TradingView
- Copy trading
- MT4, Trading Station, TradingView
- TradingView
- MT4, Trading Station, TradingView
| Class | Count | Min spread | Leverage |
|---|
Reviews(40 of 76 platform · 25% of the score)
4.2/ 5
Trustpilot rating
1,384
reviews
28.09
snapshot, 2026
5 star64%
4 star14%
3 star6%
2 star4%
1 star12%
| Snapshot | Rating | Reviews |
|---|
Share of reviewers in the UAE: no data The platform does not publish it.
Topics in 1-star reviews (40 of 76 reviews, snapshot 28.09.2026)
Withdrawal delays41 · 25%
Verification (KYC)33 · 20%
Slippage22 · 13%
Support response19 · 11%
Other51 · 31%
Pros and cons(40 of 76 + 5, each tied to a figure above)
For
- Raw round turn 6.20 USD vs UAE median 9.20
- SCA licence 20200000187, active on 01.10.2026
- AED account; bank withdrawal 24 h, fee 0
- Swap-free with no admin fee; ranked #1 of 30
- One of 6 of 44 brokers that publish a withdrawal time
Against
- Payouts axis 58 of 100, the lowest of six
- Min deposit 100 USD vs 10 at Tidemark
- E-wallet withdrawal time and fee not published
- Group site advertises 1:1000, unavailable to UAE residents
- Gold round turn 9.80 USD; 3 brokers price it lower
Alternatives in the UAE(40 of 76 of 76)
Methodology(40 of 76 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a UAE score. Full methodology
| Axis | Weight | What is measured | Halden |
|---|
FAQ(40 of 76 questions)
Taxes for a UAE resident(40 of 76 rules · as of 10.2026)
- 0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026);https://fxcm.com/markets/helppage
Not tax advice. Check with the Federal Tax Authority.
Verified · What changed · Sources(40 of 76 sources · 4 changes)
Verified01.10.2026
next review 01.01.2027
What changed
Sources · precision