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Best international online brokers in the Middle East in 2023

  1. Interactive Brokers is the best international online brokers in the Middle East in 2023. - Low trading fees and high interest (up to 4.58% for USD) on cash balances. Wide range of products. Many great research tools.
  2. TD Ameritrade - Low trading fees (free stock and ETF trading). Superb desktop trading platform. Great customer support.
  3. eToro - Free stock and ETF trading. Seamless account opening. Social trading.
  4. Merrill Edge - Low trading fees. Easy and seamless account opening. Strong parent company.
  5. Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
  6. Webull - Free stock, ETF and options trading. Fast and easy account opening. Great trading platforms.
  7. Fidelity - Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
  8. J.P. Morgan Self-Directed Investing - Commission-free US stocks, ETFs, funds and bonds. Fast and fully digital account opening. Well-established parent company.
  9. E*TRADE - Low trading fees (free stock and ETF trading). User-friendly mobile trading platform. Great research tools.
  10. Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.

Best international online brokers in the Middle East in 2023
International online brokers' key info overview

While many international online trading brokers offer an excellent service, the ones in our toplist go the extra mile. These international online trading platforms offer a broad range of markets and asset classes and are suitable for beginners and experienced traders alike.

Broker
Minimum deposit
Time to open account
Interactive Brokers
$0
$0 for non-margin client accounts, $2,000 for margin accounts. (A margin account is where you trade with borrowed money, also known as leverage.)
1-3 days
TD Ameritrade
$0
$0 for US non-margin accounts, $2,000 for US margin accounts, and clients in Malaysia and Singapore are recommended to start with $3,500.
1-3 days
eToro
$10
For Israeli clients, the minimum first-time deposit is $10,000. For residents of Australia and the US, it is $50, while for residents of Russia, China, Hong Kong, Taiwan and Macau, it is $500.
1 day
Merrill Edge
$0
No minimum deposit
1 day
Charles Schwab
$0
$0 for US clients and $25,000 for non-US clients
1 day
Webull
$0
No minimum deposit for cash accounts, but there is a $2,000 minimum for margin accounts
1 day
Fidelity
$0
No minimum account balance
1-3 days
J.P. Morgan Self-Directed Investing
$0
No minimum account balance
1 day
E*TRADE
$0
No minimum deposit for non-margin brokerage account, while $2,000 for margin accounts and $500 for Core Portfolios
1-3 days
Alpaca Trading
$0
$0 for retail account, $30,000 for business accounts
1 day


Popularity of the best online brokers in the Middle East

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Best international online brokers in the Middle East in 2023
Trading fees

In most cases the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important fees for you in the table below.

Broker
US stock
UK stock
Interactive Brokers
$1.0
Fixed pricing: $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan.
$3.7
Fixed £3 for trade value less than £6,000, 0.05% of trade value for more than £6,000
TD Ameritrade
$0.0
Free stock and ETF trading
-
Not available
eToro
$0.0
Free stock and ETF trading
$0.0
Free stock and ETF trading, except for clients from Australia, where a 0.09% spread cost per transaction applies
Merrill Edge
$0.0
Commission-free stock and ETF trading
-
Not available
Charles Schwab
$0.0
Free stock and ETF trading
-
Not available
Webull
$0.0
$0 per trade plus regulatory and exchange fees
-
Not available
Fidelity
$0.0
Free stock and ETF trading
$11.2
£9 per trade
J.P. Morgan Self-Directed Investing
$0.0
$0 per trade for US listed stocks. Foreign equity has a 0.20% commission.
-
Not available
E*TRADE
$0.0
Free stock and ETF trading
-
Not available
Alpaca Trading
$0.0
Commission-free stock trading
-
Not available
Fees at the best international online brokers in May 2023
All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Best international online brokers in the Middle East in 2023
Other fees at international online brokers

Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.

Broker
Account fee
Inactivity fee
Interactive Brokers
No account fee
No inactivity fee
TD Ameritrade
No account fee
No inactivity fee
eToro
No account fee
$10 per month after one year inactivity. Inactivity means that you don't log in to your account
Merrill Edge
No account fee
No inactivity fee
Charles Schwab
No account fee
No inactivity fee
Webull
No account fee
No inactivity fee
Fidelity
No account fee
No inactivity fee
J.P. Morgan Self-Directed Investing
No account fee
No inactivity fee
E*TRADE
No account fee
No inactivity fee
Alpaca Trading
No account fee
No inactivity fee
Account, inactivity, and deposit/withdrawal fees at the best online brokers in May 2023

Best international online brokers in the Middle East in 2023
Our assessment of best international online brokers for residents in the Middle East in 2023

At BrokerChooser we do our best to make it easier for you to compare and select the best broker for your needs. Here is a summary of our scores in the most important aspects of these trading platforms' services.

Broker
Overall score
Fees score
Interactive Brokers
4.9
4.4
TD Ameritrade
4.9
4.1
eToro
4.9
4.4
Merrill Edge
4.8
4.4
Charles Schwab
4.8
4.2
Webull
4.8
4.8
Fidelity
4.8
3.7
J.P. Morgan Self-Directed Investing
4.8
4.9
E*TRADE
4.7
4.1
Alpaca Trading
4.7
4.9
Score summary of best international online brokers for residents in the Middle East

If you are unsure how brokerage fees are charged, check out this article on the various fees, charges and costs.

And now, let's see the top international online brokers for 2023 for residents in the Middle East in detail one by one, starting with the winner, Interactive Brokers.

Interactive Brokers Logo

#1 Best international online broker in the Middle East in 2023
Interactive Brokers

Recommended for traders looking for broad market access and a professional trading environment

Visit broker

Interactive Brokers snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of Interactive Brokers services, check out our review for 2023
TD Ameritrade Logo

#2 Best international online broker in the Middle East in 2023
TD Ameritrade

Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform

Visit broker

TD Ameritrade snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of TD Ameritrade services, check out our review for 2023
eToro Logo

#3 Best international online broker in the Middle East in 2023
eToro

Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading

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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

eToro snapshot
Minimum deposit $10
Fees class Low
Deposit method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, China UnionPay, Klarna, POLi, iDEAL
Withdrawal method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, China UnionPay, Klarna, POLi, iDEAL
Withdrawal fee $5
Time to open account 1 day
Inactivity fee Yes
Read review For a detailed analysis of eToro services, check out our review for 2023
Merrill Edge Logo

#4 Best international online broker in the Middle East in 2023
Merrill Edge

Recommended for investors and traders looking for low fees, quick account opening and simple platforms

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Merrill Edge snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Merrill Edge services, check out our review for 2023
Charles Schwab Logo

#5 Best international online broker in the Middle East in 2023
Charles Schwab

Recommended for investors and traders looking for solid research, low fees and great customer service

Visit broker

Charles Schwab snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Charles Schwab services, check out our review for 2023
Webull Logo

#6 Best international online broker in the Middle East in 2023
Webull

Recommended for investors and traders looking for zero-commission trading and easy platforms

Visit broker

Webull snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Webull services, check out our review for 2023
Fidelity Logo

#7 Best international online broker in the Middle East in 2023
Fidelity

Recommended for investors and traders looking for solid research and great trading platforms

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Fidelity snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer, PayPal, Venmo, Apple Pay
Withdrawal method Bank transfer, PayPal, Venmo, Apple Pay
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of Fidelity services, check out our review for 2023
J.P. Morgan Self-Directed Investing Logo

#8 Best international online broker in the Middle East in 2023
J.P. Morgan Self-Directed Investing

Recommended for beginners and buy-and-hold investors focusing on the us stock market

Visit broker

J.P. Morgan Self-Directed Investing snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of J.P. Morgan Self-Directed Investing services, check out our review for 2023
E*TRADE Logo

#9 Best international online broker in the Middle East in 2023
E*TRADE

Recommended for investors and traders looking for solid research and a great mobile trading platform

Visit broker

E*TRADE snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of E*TRADE services, check out our review for 2023
Alpaca Trading Logo

#10 Best international online broker in the Middle East in 2023
Alpaca Trading

Recommended for traders interested in algorithmic stock trading

Visit broker

Alpaca Trading snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Alpaca Trading services, check out our review for 2023

Best international online brokers in the Middle East in 2023
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Best international online brokers in the Middle East in 2023
How did we select the best international online brokers in the Middle East in 2023?

  • We checked whether the broker is regulated by a trusted regulator,
  • Compared fees (including spreads, withdrawal fees, commissions),
  • We checked and compared every aspect of their services,
  • Opened an account and tested the platform (charting, features, usability) with real money.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

Author of this article

Adam Nasli

Author of this article

Adam is a motivated finance expert. He joined BrokerChooser in 2018 and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Adam Nasli

Analyst Head

Adam is a motivated finance expert. He joined BrokerChooser in 2018 and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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