The best prop trading companies in the UAE

The United Arab Emirates is a popular destination for prop trading brands, as many potential clients are trying to get funded within the country. It also has very well-established and forgiving regulations, which are best for prop firms. Since prop firms offer funded accounts, they became a cornerstone for modern financial trading. Let’s define which are the best prop trading companies in the UAE, how to select and assess firms, and how to pass an evaluation challenge when trading from the UAE.

FX prop trading explained briefly

Prop trading or proprietary trading firms offer traders an opportunity to access funded accounts. Prop firms with this model of business use their own capital to generate profits from direct financial trading and search for profitable traders who can use their money responsibly. This is why prop firms offer funded account challenges, where traders pay a tiny fee to purchase the challenge and once they pass evaluation they can get funded accounts and start trading for profits. Traders have to hit profit target goals without breaching hard rules like daily risk limits and maximum overall drawdown limits to funded accounts and start trading for real profits. These rules allow firms to protect their capital while giving access to funded accounts to help them generate profits from trading. There is also a profit-sharing percentage, typically around 85% involved, meaning that prop traders can withdraw up to 85% of profits on their funded accounts. Prop firms pay such a high percentage as they have many prop traders and still generate substantial income, while prop traders become even more motivated to get funded and withdraw profits.

Prop trading landscape in the UAE

The prop trading landscape is dynamic in the UAE, with many new firms introducing themselves constantly. This is incentivized as more and more retail traders try to get funded and obtain access to substantial trading accounts and trade for a living. As the sector grows faster, the competition is fierce, leaving no room for mistakes and bad marketing decisions. As a result, we have a vibrant landscape where the trading conditions become increasingly favorable for prop traders. This creates a loop where

The top prop trading firms in the UAE

Here is the list of the best prop trading firms in the UAE. These firms either operate within the UAE or accept clients from the country.

Firm	Overall Score	Min funding	Max funding	Min funding fee	Profit share	Daily loss limit	Max loss limit
Instant Funding	4.11	1,250	200,000 (Up 1.25 million with scaling)	79 USD	70-80% (up to 90% with scaling)	None	10%
Blue Guardian	3.95	10,000 USD	200,000 USD	87 USD	85%	4%	8%
FTUK	3.64	14,000 USD	90,000 USD (Up to 5M USD with scaling)	149 USD	80%	None	8%
Fidelcrest	3.5	15,000 USD	1 million USD	EUR 99	80-90%	5%	10-20%
E8 Funding	3.18	25,000 USD	300,000 USD	138 USD	80%	5%	8%

Why is prop trading attractive in the UAE?

Prop trading provides traders in the UAE with several benefits, the obvious one being access to trading capital. It is difficult to allocate substantial amounts of money for trading, and prop firms offer diverse funding options for tiny fees. Here are some key benefits of prop trading in the UAE:

• Access to substantial capital — prop firms allow traders to access diverse funding options, often ranging from 5k to 100k USD and higher. With this funding, traders can generate substantial profits and make a living without the need to work on traditional jobs.
• Risk-free trading — Prop traders are not liable for losses in funded accounts, giving them the ability to only risk the funded account fees. These fees are insignificant next to the trading capital needed for traditional financial trading. Risk-free trading opportunities and huge funded accounts make prop trading very popular in the UAE.
• Access to technologies and education — Top prop firms in the UAE provide traders with access to performance measure tools and advanced educational resources. These resources frequently include trading courses, webinars, and video guides.
• Career development — Being a successful prop trader opens up new opportunities to develop further and find career opportunities in the financial trading industry.

Overall, there are several advantages of prop trading over traditional financial trading, which attracts many retail traders to prop trading. The risk-free nature of prop trading is probably the biggest advantage, together with the access to large trading accounts.

How to evaluate prop firm companies in the UAE

Evaluation of a prop firm involves a time-consuming process of assessing its safety, assets, funded options, rules, and much more.

Safety and legitimacy

When evaluating a prop firm, safety is the number one priority. To assess the firm’s safety, traders need to check how experienced the firm is. This can easily be done by checking the year of establishment. Prop firms with more than 2 years of experience are typically safer options. Another critical aspect of safety is that the firm has positive trader feedback, which can be found on the FPA and Trustpilot platforms.

Funded options and rules

Top prop firms in the UAE all provide diverse funded accounts to onboard both beginners and seasoned professionals. The lowest funded options should start from 1k or 5k, while the highest funding option must exceed 100k, preferably 1 million USD. A scaling plan also plays an important role in allowing consistently profitable traders to increase their funding.

Trading rules are one of the most important aspects of prop trading after the firm’s safety. Simple rules and no hidden rules are key characteristics of reliable firms. The daily risk limit should be between 4-5%, maximum drawdown between 8-10%, and profit target between 6-8%.

Assets and platforms

Asset diversity is an essential measure of a prop firm. Top proprietary firms in the UAE provide traders with diverse asset classes including Forex, commodities, indices, and cryptos. This is crucial for multi-asset traders. Reliable firms should also offer any of the advanced platforms like MT4 and MT5, which is important to analyze markets more accurately.

Fees and spreads

Low fees are critical. The lowest fees for the lowest funded options should be below 150 dollars. Some firms even offer below 100 USD fees, which is very attractive. Low spreads play a crucial role in different trading strategies. Scalping methods can not be used without spreads near zero, and top prop firms offer at least a dedicated funded account with low spreads to accommodate all types of traders. Anything above 1 pip is considered expensive.

Education and support

Top prop trading firms in the United Arab Emirates provide traders with quality educational resources. Educational resources are not as important as support but still play a vital role for beginner traders. The firm might not offer education but still be very legit and reliable. The support, on the other hand, is a completely different matter. Multilingual live chat is essential for a reliable prop trading firm, together with other channels like email and hotline.

Finding a suitable prop firm in the UAE — A beginner’s guide

Selecting a suitable firm comes down to defining your goals and trading specifics, and then trying to find a reliable firm with the rules and conditions that will allow you to become funded faster.

Define your goals

 

You need to list your goals clearly. What is your financial goal with trading, which type of trading style suits you better? When you know what you want to achieve and what type of trader you are, it is easier to find a suitable proprietary trading firm in the UAE. Are you a scalper who wants to quickly make tiny profits, or do you prefer to catch large price movements and stay in the open position for days?

Reliability

Prop firms that have a track record of being transparent and have positive trader reviews are more reliable than firms without online coverage. If the firm is young, the chances of it being a scam or unreliable are higher, while experienced prop firms are rarely a scam.

Funded options

The diversity of funded opinions is key when selecting a prop firm. For example, beginners prefer to select lower amounts of funding capital when compared to experienced traders. Beginners need to select firms with 1k, 5k, or 10k funding options, while seasoned traders need 100k, 200k, and beyond. Prop firms in the UAE that offer diverse funded options have better chances of attracting both beginners and experienced traders, expanding their reach.

Rules

Prop firms have strict rules, with some firms offering simple rules. You need to select a prop firm that allows you to deploy your trading strategy. For example, if the prop firm prohibits opening trading positions overnight and over the weekends, then you won’t be able to use trend following and swing trading strategies.

Assets and platforms

Asset diversity is another crucial part of financial trading and prop trading. Ensure your firm offers access to your preferred instruments to increase your chances of success. When selecting a prop firm, it is better to opt for firms that offer platforms you are familiar with. This is because trading software takes time and effort to master. Ensure the firm allows traders to use advanced platforms such as MetaTrader 4 and 5 or others.

Support and educational services

Many reliable prop trading companies in the UAE offer a comprehensive list of educational resources that are important for beginners. Having access to quality education can help novices accelerate their growth as traders and become funded faster. Professional traders do not need educational resources. However, the support is essential for both beginners and seasoned traders alike. Ensure that your firm offers a multilingual live chat to quickly contact the firm and resolve any issue.

The best prop firms in the UAE for beginners

To simplify the process for beginner traders in the UAE, we have selected the most beginner-friendly prop firms in the country.

 

Firm	Overall Score	Min funding	Max funding	Min funding fee	Profit share	Daily loss limit	Max loss limit
Instant Funding	4.11	1,250	200,000 (Up 1.25 million with scaling)	79 USD	70-80% (up to 90% with scaling)	None	10%
Blue Guardian	3.95	10,000 USD	200,000 USD	87 USD	85%	4%	8%
Funded Trading Plus	4.05	5,000 USD	250,000 USD	119 USD	80%	4%	8%
Lark Funding	3.89	5,000 USD	1,000,000 USD	50 USD	80%	None	10%
SabioTrade	3.05	10,000 USD	100,000 USD	50 USD	80%	3%	6%

A step-by-step guide to passing an evaluation challenge in the UAE

In order to pass an evaluation challenge, traders need to carefully plan their goals and develop a trading strategy that allows them to successfully become funded. This involves a thorough testing of trading strategies and superior risk management rules.

Set your financial goals

Before everything else, you have to think about your financial goals. Ensure to set realistic goals and think in the long term. Avoid thinking in a get-rich-quick style to avoid frustration. After you have a clear list of goals you want to achieve through prop trading, it is time to select a suitable trading style for your personality.

Define your trading style

Some traders prefer to quickly open and close trades while others prefer to open it, set stop-loss, take profit, and forget about it. If you select the first method, then you are scalpers and need low spreads, while long-term traders are typically trend followers or swing traders.

Select prop firm

When you know your trading style and preferences, it is much easier to select a suitable firm. Scalpers need the lowest spreads possible, while trend followers need lower commissions. Some prop firms prohibit trading during news or holding open positions overnight, which is crucial for swing trading and trend trading.

Develop a trading plan

This is a step where you develop a trading strategy in the UAE to make profits and become a funded trader. Trading strategy consists of rules that define when and why you open a trading position, stop-loss and take-profit rules, and reasons to lose trades manually. Some traders prefer to use support and resistance zones to find an edge, while others prefer technical indicators. The choice is up to you. Just list some trading ideas and translate them into well-written rules.

Backtesting the plan

To ensure your strategy has a chance to pass the evaluation challenge, you need to back-test it. Use historical data and test your strategy. If it is promising, then you can progress to 5the next step of live testing. If it fails, you need to come up with new ideas. There are some timeless trading strategies like trend following which are easy to find online for free, so spending money on strategies is not necessary.

Live testing the plan

After you find a strategy that shows profitability in historical data, it is time to test it in live markets. Open a demo account or register for a free trial account if your firm offers any. This is important as traders need to test their strategies in a live market to measure their actual performance. If the strategy is profitable in demo trading, then it can be used to pass the evaluation challenge and get funded.

Risk management

Risk management is critical in prop trading, and traders need to closely monitor their account balance and risk rules. Stop-loss orders and position sizing will help traders avoid breaching daily risk limits and losing their funded accounts. Risk management is part of a trading strategy and ensures traders stay compliant with the firm’s rules.

Monitoring

Prop firms typically provide traders with various tools, including performance measure metrics and tools built into trader dashboards. Using these tools, traders must always track their own performance to ensure they stay compliant with the rules and avoid frustration.

Key challenges of prop trading in the UAE

Prop traders have to counter several challenges to succeed in the UAE and become funded traders. Here are the most common challenges with solutions:

• Extreme volatility — use the economic calendar to catch when major economic news is released, which typically increases market volatility
• Risk management — Traders fail to use effective risk management tactics and one way to counter this issue is to always use stop-loss orders
• Regulatory changes — If regulations change then the prop industry might get exposed to substantial risks which will also affect traders.
• Psychological challenges — Traders might sometimes feel pressured to perform, and the best way to counter this is to stick to your trading strategy rules and never deviate.
• Consistency in strategy — Traders often fail to follow their trading strategy and trade impulsively instead. The only way to counter this is to have discipline and stick to the rules of your trading strategy.

As we can see, discipline and sticking to your trading strategy can solve the majority of challenges in prop trading, just like in traditional financial trading.

The future of the prop trading industry in the UAE

With the rising popularity of prop trading firms in the UAE, the future seems promising for the prop trading industry. As more and more retail financial traders try to get funded and start trading for profits, the industry is very lucrative for reliable firms. Since these firms are not accepting deposits or managing client funds, the regulations aren’t harsh and increased scrutiny is very unlikely as well. Since there is a growing demand for funded accounts, more and more prop firms are about to get introduced to the UAE prop sector, making competition even more fierce. This increased competition only benefits prop traders as they will be able to access better conditions. Prop trading is quickly gaining momentum to become a significant part of the UAE’s financial sector. Overall, the prop trading industry is going to flourish in the UAE in the foreseeable future, driven by growing demand and the global trend of the rising popularity of prop firms.

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