Office in Dubai Financial Center, Liberty House, 9th Floor. As well as regulating Forex cot forex Handel brokers in Dubai, the dfsa can also help with: Keeping you up to date with the latest Regulatory news. Advice on avoiding scams, finding out how to resolve complaints and disputes. It is also permitted to investigate the affairs of regulated companies, including dfsa Forex brokers, if it is suspected difc laws have been broken. Trade Forex as well as CFDs on cryptocurrencies, shares, indices, metals and more. Try M now and get the bonus. As you can now appreciate, things are a little different for those wanting to trade Forex in Dubai.
In Dubai there is Dubai Financial Services Authority (dfsa) state regulatory body which is responsible to regulate all forex trading companies located in Dubai. The reason for the authoritys change of heart was increased interest in offering FX trading to retail customers both in or from the difc.
Minimum relevant experience requirements for compliance and client facing staff. Segregation and monitoring of clients, margin requirements a minimum hot forex corporate-account margin of 2 and 5 for major and other currency pairs. It is always best to put your concerns in writing as it is a permanent record of your issue. When you contact the company you must set out all the circumstances of the complaint as clearly and simply as possible. Last updated: August 20th 2018, below is a comparison table with the best forex brokers in UAE, dubai in 2018. Leverage 200: 1, excellent for EA (Expert advisor) and Robots. It is intended to create a positive environment for growth, progress and economic development in the UAE and further afield by supplying the necessary legal, business and physical infrastructure in accordance with international standards. If a broker wished to attract retail clients it had to get a specific retail endorsement, which very few brokers actually did. All forex companies listed on this website meet the following strict criteria: swap free islamic forex accounts for UAE residents generous forex bonuses for new traders comply with very strict regulation rules your deposits are safe and is kept in the best banks have thousands.
Is forex trading legal in United Arab Emirates? The dfsa only allowed brokers to acquire clients considered to be professional traders. What is the dfsa?