What is the best broker for trading Tesla shares?
Verdict
- Pepperstone is our pick for trading Tesla: its US share CFDs cost $0.02 per share per side on its published fee pages, and Tesla is one of the stocks it also offers as a perpetual CFD in some regions.
- The share CFD suits most UAE traders. The Tesla perpetual is not on Pepperstone's UAE retail margin table, so ask Pepperstone before planning around it.
- UAE retail leverage on share CFDs is 1:20, the same for professional clients, so a $25,000 Tesla position needs $1,250 of margin.
- Capital.com is our second choice and holds a UAE CMA licence through its Dubai company; XS ranks third for UAE residents.
Tesla is a stock that moves several percent in a day, so traders care about two things: what each trade costs and how quickly they can get in and out. Pepperstone's share CFDs combine a low published commission with a wide choice of platforms, which is why it leads here. Below we compare the two Tesla contracts Pepperstone runs, work through the costs and set out the checks for a UAE account.
Why we pick Pepperstone for Tesla
Pepperstone's share CFDs cover 600+ US stocks from the NYSE and Nasdaq, at $0.02 per share per side with no minimum on its published fee pages. Tesla is also one of the underlyings Pepperstone names for its perpetual CFDs. For a UAE resident, accounts open from $10, can be held in AED or USD, and run on MT5, cTrader and Pepperstone's app, with TradingView and MT4 on Razor. Pepperstone says orders fill from 50 milliseconds with a 99.32% fill rate, measured on trades from January to March 2026. The trade-off: its UAE retail CFDs come from a Bahamas-regulated company, and it offers UAE residents no swap-free account.
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Tesla share CFD or Tesla perpetual?
The perpetual suits traders who want weekend access and a holding cost known a week ahead. For a UAE account, the share CFD is the contract we can confirm.
| Share CFD | Perpetual CFD (TSLA) | |
|---|---|---|
| Commission | $0.02 per share per side | 0.015% per side (Australian fee page) |
| Hours | US market hours | 24/7 |
| Holding cost | Overnight financing | Funding rate set weekly, applied daily at 5 pm New York |
| Listed for UAE retail | Yes, within the US share range | Not on the UAE retail margin table |
Costs on a $25,000 Tesla position
Illustration only, using a share price of $250: 100 shares make a $25,000 position. As a share CFD, commission is $2 to open and $2 to close. As a perpetual at the Australian rate of 0.015%, it would be $3.75 each way. The spread comes on top in both cases. Margin at the 1:20 cap is $1,250, and a 5% daily move, which Tesla can make, is a $1,250 gain or loss: the whole margin. Size the position for that, not for the leverage allowed.
Second and third choices for UAE residents
- Capital.com: Dubai company licensed by the UAE CMA (20200000176), share leverage of 20:1 there, its own app plus MT4, MT5 and TradingView, and a swap-free account for UAE residents. No Tesla commission figure is in our data.
- XS: share CFDs on MT4 and MT5 with automatic swap-free status for UAE residents, although its terms say shares pay swaps from day one. Its verified pricing is EUR/USD only, from 0.1 pips on Elite ($6 round turn, $500 minimum).
Sources
Can I short Tesla with a CFD?
Yes. A CFD lets you sell first and profit if the price falls, and lose if it rises. Overnight financing still applies on short positions held past the rollover.
Is there a minimum commission on Tesla CFDs at Pepperstone?
Pepperstone's Australian fee page lists no minimum on share CFD commission; US shares pay $0.02 per share per side.
Can UAE residents trade the Tesla perpetual?
It isn't on Pepperstone's UAE retail margin table, so ask Pepperstone to confirm before you plan to use it.
Tesla CFDs are leveraged bets on a volatile share, and losses can exceed what you expected within a single session. You don't own the stock. This page is not investment advice.