Exness Summary

Exness is a globally recognized forex and CFD broker known for having tight spreads, lightning-fast execution, and remarkably transparent trading conditions. Founded in 2008, Exness has earned the trust of millions of day traders through its offering of robust platforms like MetaTrader 4 and MetaTrader 5, and its own proprietary trading platform. Exness is also well-known for having almost-instant withdrawals, 24/7 customer support, and no hidden fees.

What sets Exness apart for day trading is its dynamic and unlimited leverage, low minimum deposit, and commission-free trading options, making it an excellent choice for both beginners and experienced traders. They have multiple regulatory licenses—including CySEC and the FSCA, promising a secure and compliant trading environment.

Why day trade with Exness?

We rate Exness as our top pick for day trading. While many brokers claim tight spreads and fast execution, Exness consistently delivers all these across a wide range of CFD instruments, platforms and market conditions, making it a great choice for the fast-paced nature of day trading.

Exness provides access to CFDs on over 100 forex pairs, 80+ global stocks, 6 commodities, 27 crypto pairs and 10 indices. This selection may not be the largest, but with the most popular day trading markets like gold and EUR/USD readily available at industry-leading conditions, day traders can select the markets that suit them and trade with highly-competitive conditions.

Traders also have access to swap-free CFD trading options, making Exness a viable choice for day traders who follow Islamic finance principles. Additionally, we found that funds are accessible without long hold-ups, allowing for smooth, delay-free withdrawals.

Last of all, platform flexibility is a strong plus with Exness. If you prefer traditional platforms, Exness offers the classic MT4 and MT5 suite across all devices. Or if you’re looking for a more modern and feature-heavy platform option, the Exness Web Terminal and Exness Trade app make day trading smooth and seamless.

Day trading with Exness: Pros and cons

✅ Ultra-tight, stable spreads. Competitive spreads even during volatile news events.

✅ 1000+ CFD markets. CFD trading available across all the major financial markets.

✅ Swap-free account options. Ideal for traders seeking Sharia-compliant solutions.

✅ Unlimited leverage. Day traders can access unlimited leverage on certain instruments.

✅ Multiple trading platforms. Day trading permitted on MT4, MT5, Exness Web Terminal, and Exness App 

✅ Regulated in multiple jurisdictions. Adds credibility and high level of trader protection.

❌ Limited educational resources. Not as strong as other brokers when it comes to beginner training or in-depth trading guides.

❌ Less markets than most. Exness does not offer as many markets as other brokers.

❌ High cost for social trading. Minimum of $500 to copy-trade, $2,000 to be a strategy provider.

AvaTrade Summary

AvaTrade is a globally-trusted and recognized broker known for its robust and regulated trading environment. AvaTrade has built a comprehensive suite of instruments for day trading, from forex to commodities and indices to ETFs and cryptocurrencies. AvaTrade caters to both novice and experienced day traders. Their intuitive platforms, including MetaTrader 4, MetaTrader 5, AvaSocial, Capitalise.ai, the AvaTrade App, and others ensure top-tier trading features along with fast and reliable execution. Combined with extensive educational resources through the AvaAcademy, AvaTrade offers an engaging day trading experience that empowers clients to day trade confidently and navigate the markets.

Why day trade with AvaTrade?

AvaTrade earns our #2 best day trading broker spot thanks to its balanced offering of reliability, platform variety, and trader-focused tools. Regulated in multiple jurisdictions, including by the FSRA in Abu Dhabi’s ADGM, AvaTrade maintains a secure environment for day trading over 1000 markets, spanning forex, stocks, indices, commodities, crypto, bonds and options.

Traders can access the CFD markets 24/5, or 24/7 in the case of crypto, using platforms like MetaTrader 4/5, the browser-based WebTrader, the mobile-friendly AvaTradeGO app, and even AvaOptions for vanilla forex options (for more advanced CFD traders). For social traders, ZuluTrade, DupliTrade, and AvaSocial provide easy access to copy trading and community learning if you’re looking for some day trading inspiration.

While spreads average around 0.9 pips on CFDs like EUR/USD, AvaTrade’s commission-free model, risk management features like AvaProtect, and Trading Central signals offer solid value for traders focused on day trading, especially for those seeking solid education and ease of use. Plus, a free demo account will help new day traders build confidence risk-free.

Day trading with AvaTrade: Pros and cons

✅ Regulated in the UAE. AvaTrade is licensed by Abu Dhabi’s FSRA 

✅Strong global regulation. AvaTrade is regulated by multiple Tier-1 regulators worldwide.

✅Multiple ways to trade CFDs. AvaTrade offers CFD day trading through spot or futures.

✅ Swap-free accounts. Swap-free accounts available for day traders seeking Sharia-compliant solutions.

✅ Built-in trading signals. Real-time day trading insights from Trading Central are available directly in the platforms.

❌ Limited customizability. WebTrader and AvaTradeGO are simpler compared to MT4/MT5.

❌ Limited AvaAcademy access. Great courses but accessible only for registered clients.

❌ Inactivity fee charged. Day traders will incur a fee after a period of account inactivity.

XM Summary

XM is a globally recognized forex and CFD broker. They combine user-friendly platforms, and multilingual support tailored to day traders of all experience levels. This has made them a leading name in the industry. Regulated across several jurisdictions, XM has built a reputation for transparency, educational outreach, and extremely solid client protection policies. XM is also regulated locally by the Dubai Financial Services Authority (DFSA).

Those day trading at XM can access over 1,000 instruments, including forex, commodities, indices, stocks, and cryptocurrencies, with the flexibility to trade on MetaTrader 4, MetaTrader 5 or the XM App. With account types targeted for both beginners and advanced day traders, XM’s appeal lies in its reliable spreads and very low minimum deposits. Whether you’re starting out with a demo or diving straight into live markets, XM gives you a balanced mix of accessibility, regulation, and trading power—making it a reliable option for serious day traders and the #3 option on our list for best day trading brokers.

Why day trade with XM?

XM shines as a solid choice for day traders valuing high leverage, a broad selection of pairs, and strong educational support. While it doesn’t lead in pricing, its thoughtful mix of flexibility, platform reliability, and client protection still makes it a day trading broker worth considering—particularly if you’re looking for multilingual learning tools and local UAE support in English and Arabic.

XM offers access to CFDs for day trading on around 57 forex pairs, 1000+ stocks, 10+ commodities and 31 cryptocurrencies. All day trading is done via CFDs. This is where traders speculate on the price of financial instruments without actually owning the underlying asset physically. For those seeking higher exposure, with XM, you can get high leverage up to 1:1000 available through XM Global Ltd. Though availability may vary depending on your jurisdiction.

Where XM earns extra points is its dedicated focus on trader education. Their in-house team of analysts and over 70 instructors provide in-depth market analysis, webinars, and tutorials—creating a trading environment centered around learning. This commitment to CFD trading education makes XM appealing to traders who want to improve their understanding of the global markets and day trading in general while trading in real time.

The XM Standard Account offers accessible conditions for CFD trading, with floating spreads starting from 1 pip, no re-quotes, and fast execution. With a minimum deposit of just $5, day traders can open up to 200 simultaneous positions, trade in micro-lot sizes, and benefit from currency diversity. Accounts can be funded in USD, EUR, GBP, JPY, CHF, SGD, and AUD, a solid range of options.

Day trading with XM: Pros and cons

✅ High leverage available. Day traders can access leverage up to 1:1000.

✅ Trading competitions. XM regularly holds day trading competitions.

✅ Segregated client funds. All XM entities keep client funds separated.

✅ Local support for UAE traders. English and Arabic-speaking support available 24/5.

✅ Swap-free accounts. No swap account available for CFD traders who want Sharia-compliant solutions.

✅ Multiple account types. Choose from Standard, Micro, Zero, Ultra-Low, and Stock accounts.

✅ Regulated in multiple jurisdictions. Licensed by top-tier regulators including the DFSA, FCA, ASIC, IFSC, and CySEC.

❌ Leverage varies by region. 1:1000 maximum leverage not available to CFD day traders in all jurisdictions.

❌ Inactivity fee: $15 fee imposed after 1 year of inactivity, then a $5 monthly fee if the account stays inactive.

❌ No proprietary desktop platform. XM does not have a proprietary trading platform for desktop.

❌ No crypto deposits. You can not deposit via cryptocurrency with XM

FBS Summary

FBS has carved out a strong reputation among day traders thanks to its low barrier to entry, high leverage options, and rapid trade execution. FBS offers account types tailored to different levels and strategies, including Cent, Standard, and Zero Spread accounts. Its lightning-fast order execution and access to MetaTrader 4/5 platforms and its own FBS app make it a solid choice for those who rely on precision and speed in the fast-moving world of day trading.

What also sets FBS apart is its accessibility. Traders can begin with just a few dollars, yet still tap into global markets with leverage up to 1:3000. The broker backs this with 24/7 multilingual support, frequent promotions, and strong regulatory oversight. Add in the intuitive FBS Trader app and a library of educational tools, and you’ve got a platform that’s not just powerful, but built with real traders in mind. For day traders who value flexibility and efficiency, FBS offers a compelling mix of performance and convenience.

Why day trade with FBS?

FBS appeals to day traders primarily due to its infrastructure that supports rapid, frequent trading. Execution speed is a critical factor in day trading, and FBS offers low latency across MetaTrader 4, MetaTrader 5 and its proprietary mobile app, making it possible to capitalize on quick market shifts, essential for day trading. The availability of tight spreads, especially through Zero Spread and ECN accounts, helps reduce cost per trade, which can be vital for high-volume strategies that day traders need.

Where FBS stands out is its flexible leverage structure. While maximum leverage for day traders can go up to 1:3000, the platform allows users to adjust this based on their risk appetite, which is valuable for day traders who balance risk and reward aggressively. If you’re a beginner day trader, we recommend making use of this by starting with lower leverage settings.

Additionally, the broker offers negative balance protection and clear margin call policies, providing a safety net for volatile trading sessions. Educational resources, market analysis, and 24/7 multilingual support round out the offering, though traders should note that FBS’s strongest appeal lies in its cost efficiency and trade execution, rather than in-depth analytical tools or advanced charting features.

Day trading with FBS: Pros and cons

✅ Multiple account types. Choose from Cent, Micro, Standard, Zero Spread, and ECN accounts tailored to various risk levels.

✅ Low minimum deposit. Start trading with as little as $5, making it accessible for beginners.

✅ Round-the-clock customer support. 24/7 multilingual support ensures assistance is available whenever needed.

✅ Extensive educational tools. Includes market analysis, webinars, tutorials, and trader tips for skill development.

✅ MetaTrader support. Access both MT4 and MT5 platforms for advanced trading features.

✅ Bonus programs and promotions. Frequent trading contests and deposit bonuses to incentivize engagement.

❌ Spread variability. Spreads on non-forex instruments can widen significantly during volatile periods.

❌ Not UAE regulated. At present, FBS is regulated by CySEC, FSC, and ASIC, but lacks oversight from any local UAE regulator.

❌ No proprietary desktop platform. Relies on MetaTrader platforms; lacks a unique in-house trading interface.

❌ Fees on some withdrawals. Certain payment methods may incur transaction fees.