List of Crypto Exchanges in United Arab Emirates
Below are the list of crypto exchanges providing service for clients around the globe from United Arab Emirates. The crypto exchanges are ranked by their cyber security scores, whose measurement is provided by cer.live.
If you need to find a shorter way of filtering the exchanges, sort the list based on other features such as the year established, fee, margin trading, and fiat deposit.
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| Exchange | Volume | Coin | Fees | Cyber Security Score | Established | |
|---|---|---|---|---|---|---|
|
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$33,459,908,085
|
|
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|
2017
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|
|
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$8,119,506,768
|
|
|
|
2021
|
|
|
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$1,056,672,183
|
|
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7.9
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2017
|
|
|
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$10,679,167
|
|
|
|
2022
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|
|
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$1,528,541
|
|
0.10%
0.10%
|
5.4
|
2014
|
|
|
|
|
|
|
5.21
|
2020
|
|
|
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|
|
|
|
2020
|
How to find out if my broker marks up the spreads?
Believe it or not, you can ask the broker directly. Some ECN/STP brokers openly state that they mark up spreads because they feel they have the right to do so.
You can also check the authenticity of spreads from an ECN/STP broker that (perhaps) covers up its spread mark-up by directly comparing the broker's spread with the actual market spread.
Continue Reading at Forex Broker Cheats and How to Anticipate Them
What criteria should a real broker possess in Nigeria?
Generally, there are five major factors to consider when choosing a broker and they are:
- Level of regulation: You need to know if the broker is subject to the regulations of the Central Bank of Nigeria and if they operate accordingly. A lack of regulation should be a red flag and set off alarm bells in your mind.
- Trading platform: How does the trading platform look? Is there a registration number on the website that can be verified? Is a demo account available where you can test strategies and other account features?
- Currency pairs being offered: What kind of currency pairs does the broker have on offer? Is it just the minor pairs or exotic pairs that have low liquidity? Are major pairs that have high liquidity and are more profitable available?
- Account features: how are charges and commissions deducted and what are the percentages? What kind of leverage and margin accounts are offered? And what are the terms of deposit and withdrawal?
- Customer service: Is the customer service reliable? Can they provide succinct answers to your inquiries?
Continue Reading at Identifying Fake Forex Brokers in Nigeria
What are the examples of good market maker brokers?
There are many brokerage companies that suit the criteria, but these names are often stated as some of the most popular (if not the best) ones:
- Exness: Known for instant withdrawals and significant growth in volume trading during recent years.
- FBS: Possibly provides the most flexible trading conditions in the industry, and is trusted by millions of traders.
- eToro: A hybrid market maker broker renowned for offering one of the most widely recognized social trading platforms globally.
- AvaTrade: Having amassed a global clients of over 400,000, this company conducts an impressive volume of 2 million transactions per month.
- XM: With the capacity to attract over 5 million clients from around the globe, this company executes an astounding 2.4 billion trades.
- CMC Markets: Recognized as the top market maker broker for forex trading, it generated an impressive revenue of £461.3 million in 2021.
- Interactive Brokers: The go-to market maker for professional traders.
- IG: The parent company recorded an annual revenue of £863.0 million in 2021 and boasts a market value of £2.9 billion.
Continue Reading at Are Market Maker Brokers Always Bad?
How does Negative Balance Protection (NBP) work for brokers?
Negative Balance Protection (NBP) requires brokers to diligently monitor and manage trading accounts. Brokers must take action when a client's account balance falls into negative territory. They typically reset the account balance to zero or set a margin closeout rule at 50%, and any negative amounts are reimbursed once all open positions have been settled.
Continue Reading at All You Need to Know About Negative Balance Protection
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