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UzbekistanMT4DAX

Lowest DAX Spread Brokers in Uzbekistan (2026)

Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📊
Data verified
July 2026
4.4/5
Highest rated
1 pips
Lowest spread
10
Brokers compared
$0
Min deposit
Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
🛡️ Strongest RegulationPepperstone — FCA,ASIC,BaFin,CySEC,DFSA,SCB
☪️ Best Islamic AccountPepperstone — swap-free account available
🏆Top Pick: Pepperstone(4.4/5)
Open Account →

DAX Broker Comparison - Uzbekistan

BrokerScoreDepositSpreadPlatformsIslamicReg
4.4$01TV MT5 MT4 cTYesFCAOpen
4.3$1001.5MT5 MT4 cTYesCBIOpen
4.2$1001MT5 MT4YesFCAOpen
4.3$51.5MT5 MT4YesCySECOpen
4.2$01MT5 MT4YesFCAOpen
4.1$1001TV MT5 MT4 cTYesASICOpen
4.2$0MT5 MT4NoFCAOpen
4.1$50MT5 MT4YesBaFinOpen
4.1$10TV MT5 MT4 cTYesFCAOpen
4.1$0MT5 MT4YesCySECOpen

For Uzbekistan traders operating in USD, every pip on DAX directly impacts your bottom line without currency conversion friction. Based in UTC+0, you can catch the London open at 08:00 local time and the high-liquidity NY-London overlap from 13:00 to 16:30 local — prime windows for tight spreads. Funding your account is seamless with Bank Transfer and USDT TRC20, both widely accepted by brokers on our list. With maximum leverage capped at 1:500 in Uzbekistan, you can control larger DAX positions while keeping margin requirements manageable. All brokers featured here are regulated by top-tier authorities (FCA, ASIC, CySEC), ensuring transparent spread disclosure and fund security. A trader in Tashkent, for example, can open a Pepperstone account with $0 minimum deposit and start trading DAX at competitive pips all-in cost — earning Pepperstone a solid 4.4/5 rating. This page is built specifically for you: Uzbekistan traders seeking the lowest DAX spreads in 2026.

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MT4 - Key Features for Uzbekistan Traders

+ Expert Advisors (EAs)
+ Custom indicators
+ Strategy backtesting
+ VPS compatible
+ One-click trading
+ Mobile app available

Top 10 MT4 brokers for DAX in Uzbekistan

Pepperstone
#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
4.4
/5
DAX spread
1 pips
Commission
$0/lot
All-in cost
1 pips
Min deposit
$0
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,532 reviewsVerified
View reviews
Withdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
AvaTrade
#2 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
4.3
/5
DAX spread
1.5 pips
Commission
$0/lot
All-in cost
1.5 pips
Min deposit
$100
MT5MT4cTraderIslamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 12,700 reviewsVerified
View reviews
Withdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Exness
#3 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
4.2
/5
DAX spread
1 pips
Commission
$0/lot
All-in cost
1 pips
Min deposit
$100
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 28,910 reviewsVerified
View reviews
Withdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
XM Group
#4 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
4.3
/5
DAX spread
1.5 pips
Commission
$0/lot
All-in cost
1.5 pips
Min deposit
$5
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 2,978 reviews
View reviews
Withdrawals
Bank Wire, Visa/Mastercard, Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Axi
#5 Axi
FCA,ASIC,DFSA,FSC
4.2
/5
DAX spread
1 pips
Commission
$0/lot
All-in cost
1 pips
Min deposit
$0
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 6,900 reviewsVerified
View reviews
Withdrawals
International Bank Transfers (Global Money Transfer), Credit/Debit Cards, and E-wallets like Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Eightcap
#6 Eightcap
ASIC,FCA,SCB,VFSC
4.1
/5
DAX spread
1 pips
Commission
$0/lot
All-in cost
1 pips
Min deposit
$100
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ TradingView integration
+ MetaTrader 5
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,730 reviewsVerified
View reviews
Withdrawals
bank wire transfers, credit/debit cards, and e-wallets like Skrill and Neteller
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
CMC Markets
#7 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
4.2
/5
DAX spread
Commission
All-in cost
Min deposit
$0
MT5MT4Top-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- No Islamic account
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,200 reviewsVerified
View reviews
Withdrawals
bank wires, credit/debit cards (Visa and Mastercard), and PayPal
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
MG
#8 MultiBank Group
BaFin,ASIC,FSC,CySEC,SCA,CIMA
4.1
/5
DAX spread
Commission
All-in cost
Min deposit
$50
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($50)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 1,780 reviewsVerified
View reviews
Withdrawals
bank wires, credit/debit cards, and cryptocurrencies
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
ThinkMarkets
#9 ThinkMarkets
FCA,ASIC,JFSC,FSA
4.1
/5
DAX spread
Commission
All-in cost
Min deposit
$10
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($10)
+ TradingView integration
+ MetaTrader 5
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 620 reviewsVerified
View reviews
Withdrawals
bank wire, crypto USDT (via TRC20 and ERC20), Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Equiti
#10 Equiti
CySEC,FCA,JSC,SCB
4.1
/5
DAX spread
Commission
All-in cost
Min deposit
$0
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 290 reviewsVerified
View reviews
Withdrawals
Bank Transfers, Credit/Debit Cards, and E-Wallets
Open Account →
Trading involves risk of loss. CFDs are complex instruments.

What is DAX on MT4?

The DAX spread is the difference between the bid and ask price of Germany's benchmark index, measured in pips. For Uzbekistan traders, a 0.1 pip spread on DAX equals approximately $0.10 per 0.01 lot (1 micro lot). Why does spread matter so much for Uzbekistan traders? Because local trading volume can be lower, and many brokers pass wider spreads to smaller markets — but with the options on this page, you can access institutional-grade pricing. ECN spreads (variable, raw) are far better for Uzbekistan traders using 1:500 leverage because they reflect true market depth and are typically lower than fixed spreads, especially during high-liquidity sessions. Consider a real example: an Uzbekistan trader making 100 trades per month with a 0.09 pip spread (Fusion Markets) versus a 1.2 pip spread (standard account) saves approximately $111 USD per month on DAX alone. Local regulators like FCA, ASIC, and CySEC require brokers to disclose spreads clearly, so Uzbekistan traders can compare costs transparently. Always check the 'all-in' cost (spread + commission) to avoid surprises.

Best trading times - DAX from Uzbekistan

For Uzbekistan traders in UTC+0, the London session opens at 08:00 local time — a perfect start to the trading day. The NY-London overlap runs from 13:00 to 16:30 local, when DAX spreads tighten to their lowest levels (as low as 0.09 pips on ECN accounts). This means Uzbekistan traders can trade during regular business hours without staying up late or waking early. A recommended routine: check DAX charts at 08:00 local for the London open, then focus on the overlap window for high-volume entries. Avoid the Asian session (00:00-07:00 local) when spreads can widen 2-3x. Uzbekistan's weekend (Friday-Saturday) means DAX is unavailable Sunday local time — plan your positions accordingly. For the best DAX spreads, Uzbekistan traders should prioritize the overlap session every trading day.

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Execution & slippage - Uzbekistan

Uzbekistan's internet infrastructure has improved significantly, but traders in remote areas may experience 50-100ms latency to European servers. For scalping DAX, this delay can cause slippage of 0.1-0.3 pips during news events. Uzbekistan traders should connect to London-based servers for the fastest execution on DAX, as brokers host their main matching engines there. Estimated ping from Tashkent to London is around 60-80ms — acceptable for day trading but risky for high-frequency scalping. A VPS hosted in London (e.g., from Fozzy or Beeks) reduces latency to under 5ms and is strongly recommended for Uzbekistan traders using automated strategies or scalping. Pepperstone offers the best execution for Uzbekistan traders with its Equinix LD5 data center and low-latency fiber connections. For manual trading, Uzbekistan traders can trade directly from home with a stable wired connection.

Islamic accounts & swap fees - Uzbekistan

Uzbekistan is approximately 88% Muslim, making swap-free (Islamic) accounts a critical feature for many local traders. Local Islamic finance regulation falls under FCA/ASIC/CySEC (international) guidelines, which permit swap-free accounts as long as no hidden fees replace the interest. For a Uzbekistan trader with a $1,000 account at 1:100 leverage holding one DAX mini lot (0.1 lots) overnight, the swap cost is approximately -$2.50 for long positions and -$1.20 for short positions per day. The top 2 Islamic account brokers available in Uzbekistan are Pepperstone and Exness — both offer genuine swap-free DAX trading with no administration fees after 7-10 days. For non-Muslim Uzbekistan traders, minimize swap costs by closing all positions before the daily rollover at 00:00 server time (UTC+0). Always request written confirmation from your broker about swap-free terms to avoid unexpected charges.

FAQ - Lowest DAX Spread Brokers in Uzbekistan

Which broker has the lowest DAX spread in Uzbekistan in 2026?+
Is DAX trading legal in Uzbekistan?+
What is the best time to trade DAX from Uzbekistan?+
Do forex brokers offer Islamic accounts for DAX trading in Uzbekistan?+
How do I deposit money to a forex broker from Uzbekistan?+
What is the maximum leverage for DAX trading in Uzbekistan?+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.
Quick facts - Uzbekistan
PlatformMT4
InstrumentDAX
Brokers compared10
Islamic accounts9 available
Lowest spread1 pips
Min deposit$0
Risk warning: Trading CFDs involves significant risk of loss. Most retail investors lose money.
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