Abu Dhabi Securities Exchange Brokers 2025
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The Abu Dhabi Securities Exchange, or ADX, commands a dominant position in Arab finance from its location in Abu Dhabi, the capital city of the United Arab Emirates (UAE). As the UAE’s largest and the Arab region’s second-largest stock market, Abu Dhabi Securities Exchange brokers provide a hub for investment in listed public companies on the main general index, and a platform for trading securities in private joint-stock companies through the parallel second market.
This guide will help you compare and choose ADX brokers, and covers the most important things to know before you start trading on the UAE’s leading stock exchange. We also list the top brokers with access to the Abu Dhabi Securities Exchange in 2025.
Abu Dhabi Securities Exchange Brokers
These are the 10 best brokers for trading on the Abu Dhabi Securities Exchange:
-
1Plus500 USWelcome Deposit Bonus up to $200Trading with leverage involves risk.
Ratings
$1000.0 LotsCFTC, NFAFutures on Forex, Commodities, Cryptos, Indices, Interest RatesWebTrader, AppACH Transfer, Wire Transfer, Debit Card, Mastercard, VisaUSD -
2NinjaTrader
Ratings
$00.01 Lots1:50NFA, CFTCForex, Stocks, Options, Commodities, Futures, CryptoNinjaTrader Desktop, Web & Mobile, eSignalACH Transfer, Debit Card, Wire Transfer, ChequeUSD -
3eToro USAInvest $100 and get $10Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk. https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Ratings
$100$10SEC, FINRAStocks, Options, ETFs, CryptoeToro Trading Platform & CopyTraderACH Transfer, Debit Card, PayPal, Wire TransferUSD -
4Interactive Brokers
Ratings
$0$1001:50FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFMStocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, CryptocurrenciesTrader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, QuantowerCheque, ACH Transfer, Wire Transfer, Automated Customer Account Transfer Service, TransferWise, Debit CardUSD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF -
5FOREX.comActive Trader Program With A 15% Reduction In Costs
Ratings
$1000.01 Lots1:50NFA, CFTCForex, Stocks, Futures, Futures OptionsMT4, MT5, TradingView, eSignal, AutoChartist, TradingCentralWire Transfer, Credit Card, Debit Card, Visa, Mastercard, Skrill, Neteller, ACH TransferUSD, EUR, GBP, CAD, AUD, JPY, CHF, PLN -
6UnitedPips40% Deposit Bonus
Ratings
$100.01 Lots1:1000IFSACFDs, Forex, Precious Metals, CryptoUniTraderPayPal, Credit Card, Debit Card, Perfect Money, Bitcoin Payments, Ethereum PaymentsUSD -
7RedMars
Ratings
€2500.01 Lots1:30 (Retail), 1:500 (Pro)CySEC, AFMCFDs, Forex, Stocks, Indices, Commodities, CryptosMT5Credit Card, Wire Transfer, Debit Card, Sticpay, FasaPay, Bitcoin Payments, Trustly, PayPal, Skrill, Neteller, Klarna, Mastercard, VisaUSD, EUR -
8IQCent20% to 200% Deposit Bonus
Ratings
$250$0.011:500IFMRRCBinary Options, CFDs, Forex, Indices, Commodities, CryptoOnline Platform, TradingViewCredit Card, Debit Card, Wire Transfer, Bitcoin Payments, Ethereum Payments, Visa, MastercardUSD, EUR -
9OANDA USCFDs are not available to residents in the United States.
Ratings
$00.01 Lots1:50NFA, CFTCForex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA)OANDA Trade, MT4, TradingView, AutoChartistWire Transfer, Visa, Mastercard, Debit Card, ACH TransferUSD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD -
10Dukascopy10% Equity Bonus
Ratings
$1000.01 Lots1:200FINMA, JFSA, FCMCCFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary OptionsJForex, MT4, MT5Neteller, Wire Transfer, Mastercard, Skrill, Visa, Maestro, Credit Card, Debit Card, Apple Pay, Bitcoin Payments, Ethereum PaymentsUSD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN
Here is a short overview of each broker's pros and cons
- Plus500 US - Plus500 is a well-established broker that entered the US market in 2021. Authorized by the CFTC and NFA, it provides futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. With a 10-minute sign-up, a manageable $100 minimum deposit, and a straightforward web platform, Plus500 continues to strengthen its offering for traders in the US.
- NinjaTrader - NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features.
- eToro USA - eToro is a social investing platform that offers short-term and long-term trading on stocks, ETFs, options and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, eToro is still one of the most respected brands in the industry. eToro securities trading is offered by eToro USA Securities, Inc.
- Interactive Brokers - Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
- FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
- UnitedPips - Operating since 2016 and based in Saint Lucia, UnitedPips is a non-dealing desk broker serving clients in over 137 countries. It specializes in CFD trading across around 80+ assets with high leverage up to 1:1000.
- RedMars - Launched in 2020, Cyprus-based RedMars offers competitive spreads on more than 300 instruments and leverage up to 1:500. Three accounts are available - Standard, Pro and VIP - serving a range of budgets and experience levels, with a fast and fully digital account opening process.
- IQCent - IQCent is an offshore binary options and CFD broker based in the Marshall Islands. The brand continues to offer a range of unique account types with bonuses and perks, including payout boosts, TradeBacks and free rollovers. With 100+ assets, around-the-clock trading and 98% payouts, the firm is popular with aspiring short-term traders.
- OANDA US - OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is regulated by trusted agencies, including the NFA/CFTC. Around the clock support is available for short-term traders, alongside flexible contract sizes and automated trade executions.
- Dukascopy - Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
Plus500 US
"Plus500 US stands out as an excellent choice for beginners, offering a very user-friendly platform, low day trading margins, and access to the Futures Academy to enhance trading skills."
Michael MacKenzie, Reviewer
Plus500 US Quick Facts
Bonus Offer | Welcome Deposit Bonus up to $200 |
---|---|
Demo Account | Yes |
Instruments | Futures on Forex, Commodities, Cryptos, Indices, Interest Rates |
Regulator | CFTC, NFA |
Platforms | WebTrader, App |
Minimum Deposit | $100 |
Minimum Trade | 0.0 Lots |
Account Currencies | USD |
Stock Exchanges
Plus500 US offers trading on 0 stock exchanges:
Pros
- Plus500 US excels for its low fees with very competitive day trading margins and no inactivity fees, live data fees, routing fees, or platform fees
- The trading app provides a terrific user experience with a modern design, a clean layout and mobile-optimized charts
- The straightforward account structure, pricing model and web platform offer an easier route into futures trading than rivals like NinjaTrader
Cons
- Plus500 US does not offer social trading capabilities, a feature available at alternatives like eToro US which could strengthen its offering for aspiring traders
- Despite competitive pricing, Plus500 US lacks a discount program for high-volume day traders, a scheme found at brokers like Interactive Brokers
- The proprietary platform is user-friendly but lacks advanced technical analysis tools found in third-party solutions like MetaTrader 4
NinjaTrader
"NinjaTrader continues to meet the demands of active futures traders looking for low fees and premium analysis tools. The platform hosts top-rate charting features including hundreds of indicators and 10+ chart types."
Tobias Robinson, Reviewer
NinjaTrader Quick Facts
Demo Account | Yes |
---|---|
Instruments | Forex, Stocks, Options, Commodities, Futures, Crypto |
Regulator | NFA, CFTC |
Platforms | NinjaTrader Desktop, Web & Mobile, eSignal |
Minimum Deposit | $0 |
Minimum Trade | 0.01 Lots |
Leverage | 1:50 |
Account Currencies | USD |
Stock Exchanges
NinjaTrader offers trading on 2 stock exchanges:
- Chicago Mercantile Exchange
- New York Stock Exchange
Pros
- Low fees are offered, with $50 day trading margins & commissions from $.09 per micro contract
- You can get thousands of add-ons and applications from developers in 150+ countries
- NinjaTrader is a widely respected and award-winning futures broker and is heavily authorized by the NFA and CFTC
Cons
- The premium platform tools come with an extra charge
- There is a withdrawal fee on some funding methods
- Non forex and futures trading requires signing up with partner brokers
eToro USA
"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."
Jemma Grist, Reviewer
eToro USA Quick Facts
Bonus Offer | Invest $100 and get $10 |
---|---|
Demo Account | Yes |
Instruments | Stocks, Options, ETFs, Crypto |
Regulator | SEC, FINRA |
Platforms | eToro Trading Platform & CopyTrader |
Minimum Deposit | $100 |
Minimum Trade | $10 |
Account Currencies | USD |
Stock Exchanges
eToro USA offers trading on 3 stock exchanges:
- Dow Jones
- New York Stock Exchange
- S&P 500
Pros
- The online broker offers an intuitive social investment network with straightforward copy trading on cryptos
- Investors can access Smart Portfolios for a more hands-off approach, covering a range of sectors and markets such as renewable energy and artificial intelligence
- eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC
Cons
- Average fees may cut into the profit margins of day traders
- There's no MetaTrader 4 platform integration for traders who are accustomed to using third-party charting tools
- The proprietary terminal doesn't support trading bots and there are no additional stock market analysis tools
Interactive Brokers
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Christian Harris, Reviewer
Interactive Brokers Quick Facts
Demo Account | Yes |
---|---|
Instruments | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies |
Regulator | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
Platforms | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
Minimum Deposit | $0 |
Minimum Trade | $100 |
Leverage | 1:50 |
Account Currencies | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF |
Stock Exchanges
Interactive Brokers offers trading on 16 stock exchanges:
- Borsa Italiana
- CAC 40 Index France
- Chicago Mercantile Exchange
- Euronext
- IBEX 35
- Japan Exchange Group
- Korean Stock Exchange
- London Metal Exchange
- London Stock Exchange
- Nasdaq
- Nasdaq Nordic & Baltics
- New York Stock Exchange
- Russell 2000
- Shenzhen Stock Exchange
- Tadawul
- Toronto Stock Exchange
Pros
- IBKR is one of the most respected and trusted brokerages and is regulated by top-tier authorities, so you can have confidence in the integrity and security of your trading account.
- With low commissions, tight spreads and a transparent fee structure, IBKR delivers a cost-effective environment for short-term traders.
- While primarily geared towards experienced traders, IBKR has made moves to broaden its appeal in recent years, reducing its minimum deposit from $10,000 to $0.
Cons
- IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
- You can only have one active session per account, so you can’t have your desktop program and mobile app running simultaneously, making for a sometimes frustrating trading experience.
- Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
FOREX.com
"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
Christian Harris, Reviewer
FOREX.com Quick Facts
Bonus Offer | Active Trader Program With A 15% Reduction In Costs |
---|---|
Demo Account | Yes |
Instruments | Forex, Stocks, Futures, Futures Options |
Regulator | NFA, CFTC |
Platforms | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral |
Minimum Deposit | $100 |
Minimum Trade | 0.01 Lots |
Leverage | 1:50 |
Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
Stock Exchanges
FOREX.com offers trading on 14 stock exchanges:
- Australian Securities Exchange (ASX)
- Borsa Italiana
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- FTSE UK Index
- Hang Seng
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- Nasdaq
- S&P 500
- SIX Swiss Exchange
Pros
- There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
- With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.
- The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.
Cons
- Funding options are limited compared to leading alternatives like IC Markets and don’t include many popular e-wallets, notably UnionPay and POLi.
- Despite increasing its range of instruments, FOREX.com's product portfolio is still limited to forex and CFDs, so there are no options to invest in real stocks, real ETFs or real cryptocurrencies.
- There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
UnitedPips
"UnitedPips is ideal for traders seeking leveraged trading opportunities, the security of fixed spreads, and the flexibility to deposit, withdraw, and trade cryptocurrencies - all in one sleek TradingView-powered platform."
Christian Harris, Reviewer
UnitedPips Quick Facts
Bonus Offer | 40% Deposit Bonus |
---|---|
Demo Account | Yes |
Instruments | CFDs, Forex, Precious Metals, Crypto |
Regulator | IFSA |
Platforms | UniTrader |
Minimum Deposit | $10 |
Minimum Trade | 0.01 Lots |
Leverage | 1:1000 |
Account Currencies | USD |
Stock Exchanges
UnitedPips offers trading on 0 stock exchanges:
Pros
- UnitedPips offers impressive leverage up to 1:1000 with zero swap fees or commissions, which can enhance potential returns for day traders and swing traders looking to control prominent positions with less capital.
- Although being handed off mid-chat due to shift changes during testing was frustrating, customer support is generally good with quick, helpful responses, and 24/7 support via phone and email for regional teams is a definite advantage.
- UnitedPips’ platform performs well, with an intuitive design that will appeal to beginners, while the TradingView integration delivers powerful charting tools without overwhelming users, making it straightforward to execute trades efficiently.
Cons
- UnitedPips lacks comprehensive research, while the educational content for beginner traders is woeful. Compared to brokers like eToro, which offers tutorials, webinars, and advanced courses, UnitedPips offers minimal resources to help new traders understand key concepts.
- Unlike brokers such as IG, UnitedPips is an offshore broker not regulated by any 'green tier' financial authorities, raising concerns for traders seeking assurance and protection under well-established regulatory frameworks.
- UnitedPips' selection of tradable instruments is still minimal, comprising a bare minimum selection of forex, metals and crypto. There are no equities, indices or ETFs, which may be a drawback for experienced traders looking for diverse opportunities.
RedMars
"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."
Christian Harris, Reviewer
RedMars Quick Facts
Demo Account | Yes |
---|---|
Instruments | CFDs, Forex, Stocks, Indices, Commodities, Cryptos |
Regulator | CySEC, AFM |
Platforms | MT5 |
Minimum Deposit | €250 |
Minimum Trade | 0.01 Lots |
Leverage | 1:30 (Retail), 1:500 (Pro) |
Account Currencies | USD, EUR |
Stock Exchanges
RedMars offers trading on 15 stock exchanges:
- Australian Securities Exchange (ASX)
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- London Stock Exchange
- Nasdaq
- National Stock Exchange Of India
- New York Stock Exchange
- S&P 500
- Shanghai Stock Exchange
- Shenzhen Stock Exchange
Pros
- Clients in the EU, in particular, can trade with peace of mind knowing RedMars is authorized by the CySEC with up to €20K compensation available through the ICF in the event of bankruptcy
- Getting started on RedMars is incredibly easy - you can be up and running in just a few minutes based on tests
- RedMars offers one of the best platforms for day trading, MT5, hosting 21 timeframes, dozens of analytical tools, flexible templates and algo trading
Cons
- RedMars falls short for newer traders, with little in the way of education, no beginner-friendly platform, a steep minimum deposit, and inadequate support during testing
- The no-frills trading environment offers little beyond the basics, with no Islamic account, PAMM account or copy trading.
- While RedMars' spreads are within industry averages, they don't offer a significant edge over the cheapest day trading brokers we've personally used, notably IC Markets
IQCent
"IQCent will appeal to day traders looking for a straightforward binary options and CFD trading platform with low fees, a range of accounts, and copy trading. Getting started takes less than 1 minute and a $250 deposit. "
Jemma Grist, Reviewer
IQCent Quick Facts
Bonus Offer | 20% to 200% Deposit Bonus |
---|---|
Demo Account | Yes |
Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto |
Regulator | IFMRRC |
Platforms | Online Platform, TradingView |
Minimum Deposit | $250 |
Minimum Trade | $0.01 |
Leverage | 1:500 |
Account Currencies | USD, EUR |
Stock Exchanges
IQCent offers trading on 0 stock exchanges:
Pros
- There's an accessible $0.01 minimum stake for new day traders with a small budget
- CFD trading fees are competitive based on tests, including 0.7 pips on major forex pairs such as EUR/USD
- The proprietary terminal offers TradingView-powered charts which deliver dozens of technical indicators and studies
Cons
- There's no automated trading support for algo traders
- The market analysis is very basic with limited technical summaries and insights from analysts
- IQCent charges a punitive $10 monthly inactivity fee if you fail to place at least 1 trade per month
OANDA US
"OANDA remains an excellent broker for US day traders seeking a user-friendly platform with premium analysis tools and a straightforward joining process. OANDA is also heavily regulated with a very high trust score."
Jemma Grist, Reviewer
OANDA US Quick Facts
Demo Account | Yes |
---|---|
Instruments | Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA) |
Regulator | NFA, CFTC |
Platforms | OANDA Trade, MT4, TradingView, AutoChartist |
Minimum Deposit | $0 |
Minimum Trade | 0.01 Lots |
Leverage | 1:50 |
Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD |
Stock Exchanges
OANDA US offers trading on 0 stock exchanges:
Pros
- Beginners can get started easily with $0 minimum initial deposit
- There's a strong selection of 68 currency pairs for dedicated short-term forex traders
- Seasoned day traders can access industry-leading tools, including an MT4 premium upgrade and advanced charting provided by MotiveWave
Cons
- It's a shame that customer support is not available on weekends
- There's only a small range of payment methods available, with no e-wallets supported
- The range of day trading markets is limited to forex and cryptos only
Dukascopy
"If you’re an experienced trader, Dukascopy provides the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the peace of mind of using a Swiss-regulated bank and broker."
Christian Harris, Reviewer
Dukascopy Quick Facts
Bonus Offer | 10% Equity Bonus |
---|---|
Demo Account | Yes |
Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
Regulator | FINMA, JFSA, FCMC |
Platforms | JForex, MT4, MT5 |
Minimum Deposit | $100 |
Minimum Trade | 0.01 Lots |
Leverage | 1:200 |
Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN |
Stock Exchanges
Dukascopy offers trading on 16 stock exchanges:
- CAC 40 Index France
- DAX GER 40 Index
- Deutsche Boerse
- Dow Jones
- Euronext
- FTSE UK Index
- Hang Seng
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- London Stock Exchange
- Nasdaq
- New York Stock Exchange
- Russell 2000
- S&P 500
- SIX Swiss Exchange
Pros
- Dukascopy features some of the best research we’ve seen, even a professional TV studio in Geneva covering financial news, market analysis, and daily insights from professionals.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as both a broker and a bank, ensuring top-tier financial security and adherence to strict standards.
- The proprietary JForex platform is highly advanced, offering tools for algorithmic trading, extensive charting, and access to deep liquidity for short-term traders.
Cons
- While JForex is feature-rich, it has a steep learning curve, making it less suitable for beginner traders who might prefer simpler platforms.
- Dukascopy's withdrawal fees are higher than most competitors we’ve tested, particularly for bank wire transfers, which may deter traders who require frequent access to their funds.
- While Dukascopy provides some educational resources and 24/7 support, the complexity of its platforms and tools required extensive testing and may overwhelm newer traders.
How To Trade On The Abu Dhabi Securities Exchange
Day trading is legal in the UAE, and foreign investors including non-residents are welcome to invest in the ADX and other Emirati exchanges, though there are several things you need to know to start investing:
- Investors typically buy and sell securities through ADX brokers.
- All investors are required to obtain an investor number before investing on the ADX.
- Investor numbers are available for Emirates ID card holders through the Sahmi digital platform.
- You can also obtain an investor number from accredited Abu Dhabi Securities Exchange brokers or from customer service offices at ADX branches.
- Individual investors who do not have an Emirates ID card will need a passport, ID card, and the IBAN of a personal bank account to obtain an investor number.
- Corporations must present a valid trade licence contract, company incorporation contract and other documentation for their investor numbers.
How To Compare Abu Dhabi Securities Exchange Brokers
Once you have obtained an investor number, you can begin investing through brokers that support trading on the Abu Dhabi Securities Exchange. There are many factors to consider before choosing between investment platforms:
Fees
Costs will be a significant influence when choosing between ADX brokers. Fees can vary massively between brokers so you’ll want to spend some time comparing these before committing to a live account. Emirates NBD Securities, for example, charges a 0.125% broker commission for all trades placed on the Abu Dhabi Securities Exchange. EFG Hermes, on the other hand. charges 0.275% +AED 10 per order.
It is also important to factor in the cost to obtain your investor number to trade the ADX. This varies between Abu Dhabi Securities Exchange brokers or affiliates, however our experts found this is AED 25 via ADIB Securities as an example.
Rewards
Bonuses and financial incentives may also be an important factor when investing through ADX brokers. Though promotions are typically limited, tiered programs and rewards are sometimes offered by Abu Dhabi Securities Exchange brokers.
Emirates NBD Securities, for instance, operates a THARAA membership program with reward points available to be redeemed again future transactions made with the online broker.
Account Opening
The best Abu Dhabi Securities Exchange brokers will offer a fast and efficient new profile registration process. You should look out for online application forms when opening a new account as some brokers based in the UAE still do not provide this. Automated services, particularly when it comes to identity verification, should rank highly.
Platforms & Investment Analysis
Trading terminals bridge the gap for retail investors to trade on a stock exchange. The top Abu Dhabi Securities Exchange brokers will provide a range of platforms that day traders can use to invest their funds. This may include industry-established platforms such as MetaTrader 4 or 5, or bespoke software developed by the broker.
EFG Hermes, for example, provides traders with access to their ‘Pro’ and ‘One’ state-of-the-art platforms integrating real-time data, a wide array of asset classes and analysis tools at the touch of a button.
Abu Dhabi Background
Oil wealth has propelled Abu Dhabi through a period of rapid development since the UAE gained independence from the UK in 1971, and today this Gulf capital boasts an impressive array of features and amenities including a world-class airport, luxury hotels, and shopping malls filled with international brands’ stores.
Abu Dhabi is the regional centre for government as well as financial institutions including the First Abu Dhabi Bank – the largest Emirati bank – and the Abu Dhabi Securities Exchange. As the UAE’s capital city, financial hub, and the home of cutting-edge sports, cultural and entertainment venues, Abu Dhabi’s profile has been rising internationally both as a holiday destination and a location to build lucrative careers.
Abu Dhabi’s path to development has been fuelled by fossil fuel wealth generated from the UAE’s vast reserves through the activities of the Abu Dhabi National Energy Company, TAQA. However, a glance at local job boards, business journals and financial news sources reveal the presence of booming construction, service, communications and financial sectors.
Investing In The ADX
The Abu Dhabi Securities Exchange is a gateway for investors to access this dynamic, rapidly growing market via online brokers. Over two decades of sustained growth since its foundation, the ADX’s performance has reflected Abu Dhabi and the UAE’s move from an oil-based to a more diverse economy.
The Abu Dhabi Securities Exchange has steadily gained recognition from international financial institutions as it met regulatory standards, winning it emerging market status on leading indices including the S&P, Dow Jones and FTSE. It has also made moves to follow international norms on sustainability, publishing its first sustainability report and issuing Environmental, Social and Governance guidance to companies in 2020.
History & Constituents
Founded in 2000, the Abu Dhabi Securities Exchange is the leading exchange in the UAE with a market capitalization of more than $530 billion in 2022. This makes the ADX the second-largest regional stock exchange after Saudi Arabia’s Tadawul, and it is considerably larger than local competitors the Dubai Financial Market and Nasdaq Dubai.
The Abu Dhabi Securities Exchange lists 73 organizations in its issuers directory, representing a broad swathe of the Emirati banking, energy, construction, insurance and service sectors. This list mainly comprises local public joint-stock companies which can be traded on the ADX’s main market, but it also includes twelve private equity companies established in the UAE that trade on the parallel second market.
Major players on the Abu Dhabi Securities Exchange include:
- International Holding Company – conglomerate owned by UAE monarchy
- Aldar Properties – the ADX’s largest real estate developer
- TAQA – Abu Dhabi’s national energy holding company
- First Abu Dhabi Bank – the UAE’s largest bank
- Etisalat – multinational telecom provider
These corporations alone account for a large proportion of the Abu Dhabi Securities Exchange’s market cap, and it is well worth keeping up to date with their financial statements to give you an idea of the market direction. The top Abu Dhabi Securities Exchange brokers will provide the latest financial details and significant market shifts associated with these companies.
The International Holding Company, which is owned through the Royal Group by members of the UAE’s monarchy, is of special interest as it is both the largest company listed on the ADX and the owner of subsidiary companies, such as tech firm Multiply, which are also listed.
Key Dates
Since its inauguration in 2000, the ADX has hit a number of significant milestones:
- 2007: average daily trading volume rises by 400 percent amid an influx of foreign investment
- 2008: the Abu Dhabi Securities Exchange rebrands from ADSM to ADX and inaugurates its new logo
- 2009: FTSE promotes ADX to emerging market status
- 2011: ADX gains emerging market status with S&P and Russell Investments
- 2014: S&P Dow Jones and MSCI promote ADX to emerging market status
- 2020: ADX issues first sustainability report and issues listed organizations with ESG guidance
- 2021: ADX launches derivatives market
- 2022: ADX and FTSE Russell announce index partnership
Strategy Tips
A winning strategy requires thorough research, and the best first step before making any trades on the Abu Dhabi Securities Exchange is to familiarize yourself with the index’s historical performance as well as the companies listed on it.
You can get a general idea about the state of the ADX by researching the FTSE ADX Index Series. The index series, developed in partnership with FTSE Russell, provides daily index calculations on all listed companies on the ADX General Index. It also provides ten sector-specific indices based on the Industry Classification Benchmark, as well as the FTSE ADX 15, an index based on the top 15 companies listed on the ADX. It is a good idea for investors to supplement their research of these indices by studying financial statements and annual and quarterly reports from any specific companies which catch their eye. The best Abu Dhabi Securities Exchange brokers will provide this information in a coherent and simplified manner, ideal for beginners to digest the relevant information.
One thing to bear in mind while trading with ADX brokers is that with just 73 listed companies, this is a relatively small index that is dominated by a handful of big players. As a result, the index will be disproportionately affected by the performance of the largest companies. For example, the International Holding Company and First Abu Dhabi Bank, the two largest companies on the index, account for more than a quarter of the index’s value based on market capitalization in 2022. Studying the specific indices by sector will give you a clearer picture of performance indicators if you want to trade in smaller companies.
You should also note that, as the primary stock exchange for a Gulf state which has historically depended on oil wealth, the ADX’s market dynamics have largely been shaped by developments related to fossil fuels.
This is not to say that the ADX’s price has simply followed oil prices. In fact, the impressive performance of the ADX since its foundation in 2000 has depended more on the influx of large amounts of Foreign Direct Investment, which has flowed steadily into the UAE since 2010 as the result of an intense programme of reforms aimed at diversifying the economy away from hydrocarbons.
Nevertheless, large oil and gas reserves continue to underpin the UAE’s economy, and this might explain the ADX’s buoyant performance since Russia launched its invasion of Ukraine in February 2022. While major international stock exchanges have faltered since the invasion, the ADX reached an all-time high above 10,000 in March 2022, after plunging to an eight-year low of around 3,600 in March 2020. Higher oil prices are likely to bring more revenues to the UAE, and this may well be reflected in significant upticks in investment in various sectors such as construction.
So, keeping a close eye on developments that may affect hydrocarbon prices and FDI in the UAE will form an essential part of the strategy both for long-term investors and for traders looking to profit from shorter-term price movements.
Trading Hours
The Abu Dhabi Securities Exchange is open Monday through Friday, with the day divided into four stages during which buy and sell orders can be entered:
- Pre-trading session – 09:30–09:59 GST
- Continuous trading session – 10:00–14:44 GST
- Pre-closing session – 14:45–14:54 GST
- Trade at last session – 14:55–15:00 GST
The ADX’s opening hours are in Gulf Standard Time (UCT + 4), and it is worth keeping in mind that the exchange is only open on weekdays. Note, not all accredited Abu Dhabi Securities Exchange broker’s will provide out-of-hours trading so check this before you sign up.
Market Holidays
As an Islamic country, many of the United Arab Emirates’ national holidays are based on the Islamic calendar and will change from year to year in relation to the commonly used Gregorian calendar. Make a note of the dates of Eid al-Fitr and Eid al-Adha if you plan to trade on the Abu Dhabi Securities Exchange this year, as markets will be closed throughout these holidays. These dates should be reflected in your Abu Dhabi Securities Exchange brokers’ trading calendar.
Other holidays which affect the Abu Dhabi Securities Exchange include:
- January 1 (New Year’s Day)
- December 1 (Commemoration Day)
- December 2–3 (National Day)
Final Word On ADX Brokers
The Abu Dhabi Securities Exchange is home to some of the largest companies in the Middle East. And while the country and economy have historically been dependent on oil, foreign investment, among other factors, now play a key role. Use our guide above to start trading on the ADX and use our list of the best Abu Dhabi Securities Exchange brokers.
FAQs
ARE Abu Dhabi Securities Exchange Brokers Regulated?
The ADX is regulated by the Securities and Commodities Authority, a federal authority established by the UAE government in 2000 to oversee markets. The SCA reports directly to the UAE’s economy minister. The best ADX brokers are also regulated locally.
Where Is The Abu Dhabi Securities Exchange Located?
The main headquarters of the ADX is found in the Landmark Tower on Al Hisn Street in the Abu Dhabi city centre. Branches of the ADX can also be found in Al Ain and Sharjah. Note, ADX brokers may be based locally or offshore.
Who Owns The Abu Dhabi Securities Exchange?
The ADX is wholly owned by the Abu Dhabi Developmental Holding Company PJSC, a state-owned development holding company which Abu Dhabi’s government established in 2018.
Who Manages The Abu Dhabi Securities Exchange?
The ADX’s Managing Director and CEO is Saeed Hamad al-Dhaheri, who joined from TAQA where he was a Deputy CEO. The CFO, David Nevin, joined from the Intercontinental Exchange, where he served most recently as Group Finance Director of EMEA. The ADX’s board of directors is headed by chairman H.E. Hisham Khalid Malak, who also serves as undersecretary in Abu Dhabi’s Department of Finance.
What Is The Best Way To Contact The Abu Dhabi Securities Exchange?
The easiest way to reach the ADX is through its website, which includes a section listing its contact number and a live chat option. It also allows users to write messages directly to the ADX’s customer service officers through the website, though it does not list an email address. You can also follow the Abu Dhabi Securities Exchange through its Twitter account or contact Abu Dhabi Securities Exchange brokers for any other questions.