Forex Trading in Dubai

Discussion in 'Forex' started by Toons, Apr 10, 2017.

  1. Toons

    Toons

    Hi everyone. I'm planning on moving to Dubai with my wife at the end of the year. She's working with a big 4 accounting firm and i will be entering under her visa. I want to work from home forex trading so i'm looking for advice on how to do this legally. I'd love to hear from anyone else doing the same in Dubai, advice on brokers and where to get the best internet connections. Thanks.
     
  2. wintergasp

    wintergasp

    What's illegal about fx trading in dubai ? Just keep doing whatever you're doing
     
  3. Try this.

    https://www.souqalmal.com/ae-en/broadband-plans

    Choose between opening an account with Oanda in Canada, the U.K., Singapore, Japan or Australia. I chose Singapore because the regulatory climate has less bullshit than most of the other jurisdictions.
     
  4. bublu

    bublu

    I guess traders in dubai does not have any restrictions to join any forex broker, is there any...?
     
  5. Dubai now is become luxury town, which many high building there already keep on clouds
    but about forex I don't know because there are might as included muslim country which sometime strict about labour, and forex included as speculative trading
     
  6. Toons

    Toons

    Just from the research i've done there are two only 2 broadband companies in Dubai and the speeds are not that great depending on where you live! Also would i have to register as self employed if i work from home? If so then i would need a licence to do so! I am based in Ireland now so i have lots of accounts with different brokers.Would love to hear from someone in the UAE on how they are set up!
     
  7. Winjak

    Winjak

    Toons likes this.