Dubai July Broker Review: A Comprehensive Comparison of 28 Brokers

Recently, BrokersView evaluated 28 brokers based on six core indicators: transaction speed, stability, liquidity, spread, slippage and overnight interest. The top ten brokers in Dubai's monthly evaluation in July are as follows:

NO.1, XM

The champion of this issue is XM, which was rated as the best overnight interest broker in July. The overnight interest rates of EURUSD, GPBUSD and XAUUSD are all $0/lot.And it performs well in terms of transaction speed, stability, liquidity and execution price.

Its execution price ranks fourth, and the average slippage of EURUSD, GPBUSD and XAUUSD execution prices is 0.9, 0.3, and -0.4 points, which is better than 86% of brokers;And liquidity ranks fifth, with an average quotation frequency of 71, 100, and 161 times/minute, respectively, which is better than 82% of brokers. Its stability is also relatively good, with an average daily disconnection of 0.2 times on the platform.

XM's average transaction speed is 388ms, and its best transaction speed is 212ms, which is better than 68% of brokers.

NO.2, IC Markets

The runner-up of this list is IC Markets, which performs well in terms of transaction speed, execution price, spread and overnight interest.

Its execution price ranks second, and the average slippage of EURUSD, GPBUSD, and XAUUSD execution prices is 0.8, 6.5, and 0 points; its transaction speed is 341ms, and the best transaction speed is 247ms, which is better than 79% of brokers;In terms of overnight interest, the overnight interest of EURUSD, GPBUSD, and XAUUSD is -3.69, -2.36, and -12.06 USD/lot respectively.

However, it performs poorly in terms of liquidity.

NO.3, FxPro

The third place in this list is FxPro, which was rated as the best trading liquidity broker in July, and the average quotation frequency of EURUSD, GPBUSD, and XAUUSD is 199, 266, and 361 times/minute.

In addition, it performs well in terms of transaction speed and execution price, with an average transaction speed of 307ms and a best transaction speed of 155ms, which is better than 89% of traders;Its execution price ranks third, with average slippage of EURUSD, GPBUSD, and XAUUSD execution prices of 0.1, 0.1, and 2.3 points, which is better than 89% of traders.

It performs poorly in terms of spreads and overnight interest.

In terms of comprehensive scores, AUS Global, Tickmill, GO Markets, Decode Global, Swissquote, DBG Markets, and FP Markets rank behind these three traders.

Among them, AUS Global is the best trading stability broker, Swissquote is the best trading speed broker, with an average trading speed of 226ms and a best trading speed of 158ms;In addition, CWG MARKETS is the best price execution broker, with an average slippage of 1.5, 0.4, and 5 points for EURUSD, GPBUSD, and XAUUSD execution prices;EightCap is the best spread broker, with an average spread of 10.6, 12.9, and 12.4 points for EURUSD, GPBUSD, and XAUUSD, respectively.

These reviews provide insights for Dubai traders seeking reliable brokerage services tailored to their trading strategies and preferences. For more comprehensive review data, please check the BV Review column.