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Pegged dirham · dollar account

The one conversion you can plan in advance (United Arab Emirates)

The dirham has been held at a fixed rate against the dollar for decades, so a deposit from a UAE bank into a dollar-denominated trading account converts at a rate that does not move with the market — unusual, and worth using. What still varies is the bank's own fee and the cost of trading itself.

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Min deposit $100  ·  Up to 1:200  ·  Rating 4.6/5

Funding an FxPro account from the UAE has one unusual advantage: the dirham is held at a fixed rate against the dollar, so converting into a dollar-denominated trading balance happens at a rate that does not move with the market, and a later withdrawal converts back at effectively the same rate. What the peg does not remove is your own bank's fee, and it does not touch trading cost — Standard from 1.2 pips with no commission, Raw+ from 0.0 pips plus $3.50 per lot per side. FxPro states a $100 minimum first deposit by card or bank wire. Availability and terms can change, so confirm the current offer before opening an account.

$100Min deposit
Up to 1:200Max leverage
2,108Instruments
2006Founded

What a fixed rate does and does not fix

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FxPro is an Official Partner of the McLaren Mastercard Formula 1 Team — a partnership that began in 2018 and was extended again in 2026. FxPro's branding appears on the McLaren F1 cars, driver helmets and team kit throughout the season, reflecting a shared focus on speed, precision and innovation.

The 2026 renewal followed McLaren's 2025 season, in which the team won the Formula 1 Constructors' Championship and Lando Norris took the Drivers' Championship.

FxPro account types at a glance

AccountPlatformSpread fromCommissionBest for
MT4 StandardMetaTrader 41.2 pipsNoneBeginners who want all-in spreads
MT4 Raw+MetaTrader 40.0 pips$3.50 / lot / sideActive traders wanting raw spreads
MT5MetaTrader 51.4 pipsNoneMulti-asset traders, shares CFDs
cTradercTrader0.0 pips$3.50 / lot / sideScalpers and algo traders
FxPro EdgeFxPro Platform0.0 pipsVariableWeb-based all-in-one trading

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FxPro United Arab Emirates — the short version

Most traders funding a dollar account from a local currency carry an unknown: the rate their bank will apply on the day. Here that unknown is largely removed, because the dirham is held at a fixed rate against the dollar rather than floating against it. A deposit and a later withdrawal convert at effectively the same rate, so the round trip does not quietly cost a percentage the way it can elsewhere.

What the peg does not fix is everything else. Your own bank may still apply a fee or a spread of its own on the transaction, FxPro states a minimum first deposit of $100 by card or bank wire, and a withdrawal returns along the route the deposit took. Nor does it touch the cost of trading: Standard quotes from 1.2 pips with no commission, Raw+ from 0.0 pips plus $3.50 per lot per side, and the measured figures sit on the live spreads page with the time of reading attached. Terms can change, so confirm the current ones before depositing.

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Frequently asked questions

Does the dirham's peg to the dollar help when funding an account?
Yes, in one specific way: the conversion rate does not move with the market, so the amount of dirhams a dollar deposit costs is predictable, and a withdrawal converts back at effectively the same rate. The round trip does not quietly cost a percentage the way a floating currency can.
So there is no conversion cost at all?
Not quite. The rate is stable, but your own bank or card issuer may still apply a fee or a margin on a foreign-currency transaction. That part is worth checking with the bank, since it is outside both the peg and the broker.
Is the trading account itself held in dirhams?
The balance is denominated in dollars, which is why the conversion happens at all. The peg is what makes that conversion predictable rather than a variable to watch.
How does a withdrawal work?
It returns along the route the deposit took — a card funding to that card, a wire to that account. FxPro states no charge of its own on most methods; the receiving bank handles the conversion back at the same fixed rate.
How much is the first deposit?
FxPro states a minimum of $100 by card or bank wire, with e-wallets setting their own floors. A free demo account with virtual funds is available beforehand.
What does a trade cost?
Standard accounts start from 1.2 pips with no commission. Raw+ starts from 0.0 pips and adds $3.50 per lot per side, so one standard lot opened and closed costs $7.00 in commission. Both are FxPro's published terms.