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Homeβ€Ί Gulf Broker Cost Index

Gulf Broker Cost Index

What it actually costs to trade with each broker available to Gulf traders: spreads, commissions, inactivity and withdrawal fees, from each broker's own published terms.

Last checked: 16 October 2026. Sorted by the cost of one standard lot on the main no-commission account.

Broker Standard account EUR/USD spread Spread cost per standard lot Raw account commission (round turn) Inactivity fee Withdrawal fees Minimum deposit Islamic account
Exness
Standard
 0.2 pips (from) $2.00 $7.00 (up to)
Raw Spread
 None None charged by Exness. Your payment provider may charge its own fee. Depends on payment method: about $1 by e-wallet, $10 by card Yes, automatic for accounts registered from listed Islamic countries (includes UAE, Saudi Arabia, Kuwait, Qatar, Oman, Egypt, Jordan, Lebanon). No admin fee stated.
IC Markets
Standard
 0.8 pips (from) $8.00 $7.00
Raw Spread
 None (inactive accounts are archived, not charged) None charged by IC Markets. Intermediary or international bank fees may apply. $0 Yes, by request. Swap-free, but a daily holding fee per lot applies after a grace period (up to 5 days): EURUSD $11, XAUUSD $71. Oil instruments have no grace period.
GO Markets
Standard
 0.8 pips (from) $8.00 $5.00
GO Plus+
 Not published None charged by GO Markets. Intermediary bank and payment-provider fees may apply. No minimum (US$200 suggested; Micro account shows a $10 minimum) Yes, opt in via the Client Portal (MT4, USD accounts only). 11 free days, then a daily admin fee by symbol (FX and metals $40 per lot, BTC $50).
IG
CFD account (spread-only)
 0.85 pips (average) $8.50 No raw account $18/month after 24 consecutive months with no trade (international site; the UAE DFSA site states no fee, only account closure after 24 months) None charged by IG for card or bank transfer. Bank or intermediary fees may apply. $0 to open Not currently offered, based on IG's own site and third-party reviews.
AvaTrade
Standard (no commission)
 0.9 pips (from) $9.00 No raw account $50 after 3 consecutive months of no use, plus a further $100 admin fee after 12 consecutive months None for card, wire transfer or e-payment methods $100 Yes, on request to support once the account is verified and funded. No swaps, but a daily admin fee applies after positions are held more than 5 days (amount not published). Crypto and some exotic FX pairs excluded.
Pepperstone
Standard
 1.1 pips (average) $11.00 $7.00
Razor
 None None (Pepperstone states zero fees for deposits or withdrawals). Bank fees may apply. $0 to open; $10 minimum top-up by card Available in some regions only (not confirmed for the UAE site). Where offered: a $100 per lot admin charge on FX and metals after a 5-day holding period.
FP Markets
Standard
 1.29 pips (average) $12.90 $6.00
Raw
 None (zero-balance, inactive accounts are disabled after 3+ months, not charged) None charged by FP Markets. International or intermediary bank fees may apply. $100 Yes, by emailing onboarding support (may require proof of faith). Daily admin fee per lot by symbol (EURUSD $6, XAUUSD $50); a 5-night grace period applies only to 8 major pairs plus gold.
Equiti
Standard
 1.4 pips (average) $14.00 $7.00
Premier
 Not published Cards and crypto: free. E-wallets: 1% up to $30. Bank wire: free domestic, $30 international. $30 (Seychelles entity); the UAE FAQ states $100 Yes, select at account opening (UAE, MT5 only). Daily admin fee by instrument tier after a grace period (2 to 10 days depending on tier); exempt for balances up to $25,000.
XM
Standard
 1.6 pips (from) $16.00 No raw account $5/month after 90 days with no trading, deposit or withdrawal, charged up to the free balance (none at zero balance) None charged by XM for most methods. Bank or third-party fees may still apply. $5 Yes, by request (XM reviews each request). No admin fee stated, but a Fair Value Adjustment applies to overnight gold and platinum CFDs.
XTB
Standard
 From 0.5 pips (general minimum, not EUR/USD-specific) - No raw account 10 EUR/USD/GBP per month, only if no trade in 365 days and no deposit in 90 days; not charged at zero balance Free above $50; $30 for withdrawals below $50 No minimum Yes, for clients from certain countries (list not published); choose the Swap Free account type at sign-up. Crypto CFDs excluded. Minimum spread 0.7 pips, $1 minimum deposit.
Capital.com
CFD account (spread-only)
 Dynamic (live pricing); no published fixed or average figure - No raw account None None UAE site: 20 USD/EUR/GBP or 80 AED Yes, for clients in the UAE, Kuwait, Qatar, Bahrain, Oman, Jordan, Saudi Arabia, Egypt, Lebanon, Tunisia, Algeria and Morocco; contact support. No admin fee stated, but spread may differ from the regular account.
CFI Financial
Zero Commission
 0.4 to 1.1 pips (published range) - Not published Not published None charged directly by CFI. A fee may apply if a required trading volume is not reached; bank or provider fees may also apply. None Yes, by request (not all accounts eligible). No fixed admin fee published, but CFI can charge swaps in full if a minimum trading-volume condition is not met.
eToro
eToro trading account (CFD, spread-only)
 Published as 0.005% of price, not in pips - No raw account None (removed 28 May 2026) $5 per withdrawal from a USD account to an external account, plus any conversion fee $50 first deposit (varies by country); $1,000 for a Swap-Free account Yes, for residents of the UAE, Qatar, Oman, Bahrain, Saudi Arabia, Kuwait, Jordan, Morocco, Egypt and Algeria only; $1,000 minimum deposit. Daily admin fee after a 7-day grace period (currencies $10 to $80 per 100k units). eToro states this is not a Sharia-compliant account.
ActivTrades
Individual Account
 Target spread from 0.5 pips; live spreads vary - No raw account Not published Free for bank, card, Neteller, Skrill and crypto. A 0.5% fee applies if the withdrawal currency differs from the account currency. No minimum (some jurisdictions: $250) Yes, by application (generally for Muslim clients, may require documentation). 5-day grace period, then an admin fee on some instruments (amount not published). Cash indices excluded; crypto and stocks still charge normal swaps.
FOREX.com
Standard
 Not published - $14.00
RAW Pricing
 $15/month after 12 months with no trading activity (figure from the international FAQ) Not published $100 Offered "in certain circumstances" per the US site; terms for international or Gulf clients could not be confirmed. Contact FOREX.com directly.

How to read this table

  • Spread cost per standard lot = spread in pips Γ— $10, the value of one pip on 100,000 EUR/USD. It is what you pay each time you open one standard lot on the broker's main account. On a mini lot (0.10) divide by 10.
  • "From" spreads are the lowest the broker advertises; average spreads are closer to what you usually pay. Compare like with like.
  • Raw accounts have near-zero spreads plus a commission. Add the commission to the raw spread to compare with a standard account.
  • Overnight swap is not shown because it changes daily with interest rates. Islamic (swap-free) accounts replace it; check each broker's terms for any administration fee.

Work out your own monthly cost with the broker cost calculator, compare spreads on the spread table, check which brokers accept your country, or see the full Islamic account comparison for swap-free terms.

Sources

Costs change. Confirm the current figures on the broker's own website before you open an account. Found something out of date? Tell us with a link to the source.

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