AED Forex Account
Compare regulated brokers that accept the UAE dirham (AED) as a base currency for your trading account.
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About the Emirati Dirham
The Emirati Dirham, abbreviated as AED, is the official currency of the United Arab Emirates. The Dirham was introduced in 1973(2), in replacement of the Bahraini Dinar, the Qatari Riyal and the Dubai Riyal that had been in circulation at the time.
The Central Bank of the UAE intervenes automatically in the foreign exchange market in order to maintain the Dirham's fixed exchange rate against the US Dollar. 1 USD equals 3.6725 AED(3).
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About the author
I'm Stéphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.
- 1. Skrill. Our Fees and Charges. https://www.skrill.com/en/siteinformation/fees/#deposit
- 2. United Arab Emirates' Government portal. The UAE National Currency. https://u.ae/en/information-and-services/finance-and-investment/the-uae-national-currency
- 3. Central Bank of the UAE. Domestic Market Operations. https://www.centralbank.ae/en/our-operations/monetary-policy-and-domestic-markets/domestic-market-operations/