Benchmark of Major Brokers in UAE

Windsor Brokers

Types of Accounts
• Prime Account: Competitive spreads, lower commissions, suitable for
professional traders.
• Zero Account: Raw spreads starting from 0 pips, commission-based.
• Standard Account: Higher spreads, no commissions, ideal for beginners.
• Islamic Account: Swap-free accounts for Muslim traders.

Spread and Leverage

• Spread: Starting from 0 pips in Zero accounts.
• Leverage: Up to 1:1000 for retail clients, depending on the instrument.

Marketing
• Marketing Strategies: Digital marketing, social media campaigns, SEO,
partnerships with financial influencers, and participation in financial expos and
webinars.
• Advertisements: Online ads, banner ads on financial websites, and promotional
videos.

Requirements to Open an IB Account

• Application Process: Complete an online application form, provide necessary
documentation (proof of identity, proof of address), and undergo a vetting
process.
• Qualifications: Experience in financial markets, ability to refer clients, and
adherence to regulatory requirements.

IB Rebates
• Rebates: Competitive rebate structures based on the volume traded by referred
clients. Specific rates are provided upon inquiry and depend on the IB’s
performance and client volume.

Regulations
• Regulatory Bodies: Regulated by the Cyprus Securities and Exchange
Commission (CySEC) and other authorities depending on the jurisdiction.

ICM (ICM Capital)

Types of Accounts
• Standard Account: No commissions, fixed spreads, suitable for beginners.
• Islamic Account: Swap-free trading, adhering to Sharia law.
• ECN Account: Raw spreads, commission-based, suitable for advanced traders.
Spread and Leverage
• Spread: Fixed and variable spreads starting from 1.3 pips for Standard accounts.
• Leverage: Up to 1:400 for retail clients, varying by asset class.

Marketing
• Marketing Strategies: Emphasis on online presence through SEO, social media,
email marketing, partnerships with trading educators, and financial expos.
• Advertisements: Online advertising, educational webinars, and sponsored
events.

Requirements to Open an IB Account

• Application Process: Online application, submission of KYC documents, and a
review process.
• Qualifications: Proven track record in client acquisition, understanding of
financial markets, and regulatory compliance.

IB Rebates
• Rebates: Attractive rebate programs based on trading volume and client activity,
tailored to the IB’s performance metrics.

Regulations
• Regulatory Bodies: Authorized and regulated by the Financial Conduct
Authority (FCA) in the UK and other regulatory authorities based on the region
of operation.

Century Financial Brokers

Types of Accounts
• Standard Account: Basic trading account with competitive spreads, suitable for
retail traders.
• Premium Account: Enhanced services, lower spreads, tailored for high-volume
traders.
• Islamic Account: Swap-free account options for Muslim traders.

Spread and Leverage

• Spread: Competitive spreads starting from 1 pip.
• Leverage: Typically, up to 1:500 for retail clients, adjustable based on account
type and asset.

Marketing
• Marketing Strategies: Strong focus on digital marketing, SEO, client education
programs, webinars, and participation in financial expos.
• Advertisements: Online and offline advertisements, social media campaigns,
educational content, and client testimonials.

Requirements to Open an IB Account

• Application Process: Online application, detailed documentation including
proof of business and compliance with KYC norms.
 • Qualifications: Experience in financial services, client network, and adherence
to regulatory standards.

IB Rebates
• Rebates: Competitive rebate structures based on client trading volumes, with
higher rebates for higher volumes.
Regulations
• Regulatory Bodies: Regulated by the Securities and Commodities Authority
(SCA) in the UAE and other local regulatory authorities.

XS.com (formerly OctaFX)

Types of Accounts
• Micro Account: Low minimum deposit, fixed spreads, suitable for beginners.
• Pro Account: Variable spreads, no commissions, suitable for experienced
traders.
• ECN Account: Raw spreads, commission-based, for professional traders.
• Islamic Account: Swap-free trading for Muslim clients.

Spread and Leverage

• Spread: Starting from 0 pips in ECN accounts.
• Leverage: Up to 1:1000, depending on the account type and asset class.

Marketing
• Marketing Strategies: Extensive digital marketing, social media engagement,
influencer partnerships, SEO, and educational content.
• Advertisements: Online ads, webinars, social media ads, and participation in
international expos.

Requirements to Open an IB Account

• Application Process: Complete an online application, provide necessary
documentation (KYC), and go through an approval process.
• Qualifications: Demonstrated ability to refer clients, knowledge of financial
markets, and compliance with regulatory requirements.

IB Rebates
• Rebates: Attractive IB rebate programs with tiered structures based on trading
volume and client activity.

Regulations
• Regulatory Bodies: Regulated by the Financial Services Authority (FSA) of St.
Vincent and the Grenadines and other relevant authorities based on operational
jurisdictions.
Summary Comparison
Spread Require
Types of & ments to
Account Leverag Marketing Open IB Regulati
Broker s e Strategies Account IB Rebates ons
Windsor Prime, From 0 Digital Online Competitiv CySEC
Brokers Zero, pips, up marketing, applicati e, volume- and
Standard to financial on, KYC based other
, Islamic 1:1000 expos, authoriti
influencer es
partnerships
ICM Standard From Online Online Attractive, FCA and
Capital , Islamic, 1.3 pips, presence, applicati volume- regional
ECN up to SEO, social on, KYC based authoriti
1:400 media, es
webinars
Century Standard From 1 Digital Online Competitiv SCA and
Financial , pip, up marketing, applicati e, volume- local
Premium to 1:500 SEO, client on, based authoriti
, Islamic education, business es
expos proof
XS.com Micro, From 0 Digital Online Attractive, FSA and
Pro, pips, up marketing, applicati tiered other
ECN, to social media, on, KYC volume- authoriti
Islamic 1:1000 expos, based es
educational
content

Key Points
• Types of Accounts: All brokers offer a range of account types, including
standard, professional, and Islamic accounts. Windsor Brokers and XS.com offer
more diverse options, including ECN accounts.
• Spread and Leverage: XS.com and Windsor Brokers offer the highest leverage
(up to 1:500), while Century Financial typically provides lower leverage options.
• Marketing Strategies: All brokers heavily invest in digital marketing, with
additional emphasis on client education and financial expos.
• IB Account Requirements: All brokers require an online application and KYC
documentation, with specific qualifications based on experience and client
acquisition ability.
• IB Rebates: All brokers offer competitive IB rebate programs, generally based
on trading volume.
• Regulations: All brokers are regulated by recognized authorities, ensuring
compliance and client protection.