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Broker Reviews

Trade247

Trade247 Review

January 7, 2026by

Overall Rating: ★★★★☆ (4.1/5.0)

Trade247 is a multi-regulated brokerage based in Dubai, providing access to global financial markets using MetaTrader 5, a top-rated trading platform in the UAE. Founded in 2025, Trade247 is licensed by the UAE’s SCA and Mauritius’ FSC. With over 2,000 CFD instruments across forex, stocks, indices, metals, cryptocurrencies, and more, it caters to both new and experienced traders. This Trade247 review highlights the broker’s regulation, platform technology, pricing, and whether it truly stands out among Dubai stock market brokers and global CFD providers.

Key Features

Trade247 positions itself as a modern CFD broker built for speed, transparency, and ease of access across devices.

Trading Platforms

  • MetaTrader 5 (MT5): Available on desktop, web, Android, and iOS
  • Supports: Expert Advisors (EAs), hedging, and multi-asset execution
  • DMA Access: Available for Pro account holders seeking institutional-grade execution

Asset Coverage

  • CFDs on: Forex, stocks, indices, commodities, metals and energy trading, and cryptocurrencies
  • Over 2,000 tradable instruments with real-time pricing and liquidity

Account Types

  • Standard: Starting at $100, zero commissions, variable spreads
  • Pro: Starting at $500, tighter spreads, Direct Market Access (DMA)

Additional Services

  • Free trade demo account with non-expiring access
  • Islamic accounts compliant with Shariah (swap-free)
  • Global Introducing Broker (IB) and affiliate programs
  • 24/7 multilingual support in English and Arabic

Regulation and Security

Trade247 is regulated by financial authorities in two reputable jurisdictions, supporting its credibility as a secure trading partner.

  • Regulators:
    • SCA UAE – License No. 1419455
    • FSC Mauritius – License No. C216567
  • Client Fund Segregation: Maintained in top-tier banks
  • Negative Balance Protection: Standard on all account types
  • AML & KYC: Full compliance with international standards
  • Data Security: SSL encryption and secure account access

Pricing and Costs

Trade247 offers highly competitive spreads and commission-free trading for most account types.

Spreads

  • Forex: From 0.2 pips on major pairs
  • Metals & Indices: Tight spreads, floating
  • Stocks: Varies by instrument and market conditions

Commissions

  • Zero commission on Standard and Pro accounts

Minimum Deposit

  • $100 for Standard
  • $500 for Pro

Deposit & Withdrawal Fees

  • No internal charges; third-party fees may apply
  • Instant deposits via Visa/Mastercard
  • Withdrawals processed within 1–3 business days

Inactivity Fee

  • None – no penalty for inactive accounts

Educational Resources and Customer Support

Trade247 is actively building a robust educational section to help clients trade smarter and more confidently.

Education: (Coming Soon)

  • Blogs: Weekly articles on trading commodities, strategies, and platform insights
  • eBooks: Beginner to advanced level guides on forex broker UAE, stocks, and crypto markets
  • Webinars: Live sessions hosted by market analysts and professional traders

Customer Support

  • 24/7 live support via phone and email
  • Languages: English and Arabic
  • On-ground support available at the Dubai regional office

Risk Management Tools

Built-in trading tools and protective features help traders manage their risk exposure effectively.

  • Order Types: Stop-loss, take-profit, trailing stops, pending orders
  • Leverage:
    • Up to 1:500 (Standard)
    • Up to 1:400 (Pro)
  • Margin Alerts: Email and platform notifications
  • Account Protection: Negative balance and secure data handling

Pros and Cons

Pros
✅ Dual-regulated by SCA UAE and FSC Mauritius
✅ MT5 platform with DMA access for advanced traders 
✅ Strong coverage of CFDs, including crypto trading platform UAE and indices trading platform 
✅ 24/7 bilingual customer service
✅ No withdrawal or inactivity fees

Cons
 ❌ No MetaTrader 4 or proprietary platform options
 ❌ Scalping not allowed on any account type

Trade247 Review Conclusion: Is Trade247 the Right Choice?

Trade247 is a reliable, regulation-backed broker well-suited for traders seeking an efficient MT5 trading experience with access to diverse global markets. Its dual-regulation, fast execution, and zero-commission model make it ideal for both retail and institutional clients. Though it lacks MT4 or social trading, the broker delivers strong fundamentals especially for those prioritizing safety, spreads, and transparency.

While it doesn’t support scalping or social trading yet, its roadmap includes educational tools and a growing reputation among stock brokers in Dubai. If you’re looking for a best forex broker in Dubai with real-time pricing, global asset access, and a professional-grade MT5 setup, Trade247 is a strong contender.

For those looking to develop their skills with expert guidance, check out our Trading Courses and start building your professional edge.

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