Looking for The Top Broker in Dubai in October：Who they are？

In October, BrokersView conducted an in-depth evaluation of various brokers based on performance across key trading categories. The results highlight AUS Global as the top performer, followed by XM and IC Markets, each excelling in specific trading aspects.

1. AUS Global: October’s Top-Ranked Broker

AUS Global took the top position, demonstrating robust performance in five primary categories: Trading Speed, Stability, Liquidity, Spreads, and Swap Rates.

Spreads: AUS Global achieved competitive average spreads, with EURUSD at 2.0, GBPUSD at 8.0, and XAUUSD at 5.3 points, ranking first.

Trading Speed: With an average speed of 331ms and the fastest at 302ms, AUS Global ranked third, outperforming 89% of brokers in this category.

Stability: Ranked seventh, AUS Global demonstrated reliability in maintaining stable trading experiences.

Quoting Frequency: Averaging 78, 93, and 188 quotes per minute on EURUSD, GBPUSD, and XAUUSD, respectively, AUS Global’s quoting frequency ranked fifth.

Swap Rates: The swap rates were competitive, with EURUSD at -0.91, GBPUSD at -1.15, and XAUUSD at -15.94 USD/lot, placing AUS Global in sixth for this metric.

However, AUS Global’s execution prices slightly lagged behind the competition.

2. XM: Top Swap Rates

Runner-Up XM was recognized as October’s Best Trading Swap Rate broker, achieving first place in this category.

Swap Rates: XM’s swap rates on EURUSD, GBPUSD, and XAUUSD were an impressive 0, 0, and 0 USD/lot, respectively, an appealing feature for cost-conscious traders.

Quoting Frequency: XM performed well with an average quoting frequency of 71, 103, and 174 times per minute for EURUSD, GBPUSD, and XAUUSD, respectively, ranking sixth.

While XM led the swap rates category, its performance in other areas was moderate.

3. IC Markets: Strong in Execution Price and Spreads

IC Markets earned the third spot, thanks to strong results in Execution Price, Spreads, and Swap Rates.

Execution Price: With an execution price of 3.7, 1, and 7.2 points for EURUSD, GBPUSD, and XAUUSD, respectively, IC Markets ranked second in this category.

Spreads: Average spreads were tight, with EURUSD at 0.5, GBPUSD at 1.9, and XAUUSD at 6.6 points, placing IC Markets sixth in the spread category.

Swap Rates: IC Markets’ swap rates for EURUSD, GBPUSD, and XAUUSD were -3.69, -2.36, and -12.06 USD/lot, respectively, ranking seventh.

However, IC Markets’ trading speed, stability, and liquidity performance fell short compared to other brokers.

Other top performers included Decode Global, VT Markets, FxPro, Tickmill, FP Markets, EightCap, and TMGM.

FP Markets：BEST TRADING SPEED

Swissquote：BEST TRADING STABILITY

FxPro：BEST TRADING LIQUIDITY

WeTrade：BEST PRICE EXECUTION

AUS Global：BEST TRADING SPREAD

XM：BEST TRADING SWAP RATE

Key Takeaways for Investors

The evaluation provides valuable insights for traders seeking top brokers with strengths in specific areas like speed, cost, and stability. As each broker brings unique advantages, investors are advised to align their choice with their trading strategies to maximize benefits. For those looking for further information, BrokersView’s evaluation offers in-depth analysis on the top brokers in Dubai.