![]() On the other hand, the Diamond account offers customizable spreads on trades and does not charge any withdrawal fees. However, investors must pay a $5 (18.3 AED) fee per withdrawal. Silver accounts may benefit beginner traders since they require a minimum deposit of just $250 (918 AED). These include the Silver, Gold, Platinum, and Diamond accounts. To begin trading with Evest, one can complete the account creation process and choose one of the four account types. Investors should access this feature if they possess a high-risk appetite. On the other hand, trading cryptocurrency CFDs can be a very risky investment since cryptos are already volatile assets. For example, leverage trading and shorting are some of the tools supported by CFD trading. While Evest does not support direct cryptocurrency trading, crypto CFDs allow one to trade the digital token without holding the underlying asset.ĬFD trading allows the investor to speculate on the asset’s future price. Moreover, the financial instruments are offered from across 100+ financial instruments. Investors can access more than 525 stocks, indices, and forex trading pairs. ![]() Along with crypto CFDs, Evest also offers multi-asset trading. Evest – Top Crypto CFD Exchange for 2023Įvest is a global trading platform that lets UAE investors trade cryptocurrency CFDs (Contract for Differences) without paying any commission. Finally, eToro is regulated by CySEC, ASIC, and the FCA.ĭid you know that eToro is also one of the best forex brokers in the UAE?Ĭryptoassets are a highly volatile unregulated investment product. If you wish to get some practice in before you start buying and selling cryptocurrencies, eToro also offers a free demo account that comes packed with $100k in paper funds. This tool can be accessed without paying any additional fees and the minimum investment is just $200.Ī mobile trading app for iOS and Android can also be downloaded for free onto your smartphone and this will connect to your main eToro account. When it comes to core investment tools, eToro offers a copy trading tool that allows you to follow and automatically mirror the positions of an experienced trader. Moreover, residents in the UAE can also use eToro to trade commodities like oil, natural gas, and gold.įorex and indices are also on offer on this trading platform. Thousands of stocks and ETFs are supported – all of which can be purchased at 0% commission. In addition to digital currencies, you can also invest in stocks here. Withdrawals are competitive too at just $5 – regardless of how much you cash out. Trading commissions cost just 1% above the market spread. For instance, you can deposit funds in AED and the transaction will cost you just 0.5% across all supported markets. Fees are very competitive at this exchange too. This will suit inexperienced investors or perhaps those on a budget. You can also transfer funds from your bank account but this will take longer than the aforementioned.Īll of the cryptocurrency markets supported by eToro can be traded from just $10. You can then deposit funds instantly with an e-wallet like Paypal or a debit/credit card issued by Visa or MasterCard. You can open an account with this exchange in a matter of minutes simply by providing some personal information. The platform is home to 70+ leading cryptocurrencies – which include everything from Bitcoin and Ethereum to AAVE, Shiba Inu, and Decentraland. eToro – Overall Best Crypto Exchange UAE for 2023ĮToro – which was launched in 2007 and is now used by over 27 million people, is the overall best crypto exchange in the UAE. In the reviews below, we cover these key metrics in great detail with the view of helping you choose the best crypto exchange in the UAE. You also need to assess what payment methods are accepted and whether a reasonable level of customer support is offered.
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