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Since its inception, the Securities and Commodities Authority has been keen on putting the objectives stated in the Federal Law No. (4) of 2000 into effect by sparing no effort to strengthen the legislative structure through issuing such regulations and instructions that ensure the development of the organizational and supervisory framework of the list joint-stock companies and other companies operating in the securities field. Besides, the Authority has introduced some controls and criteria that would contribute positively to enhancing the investors' trust in the Authority.

SCA

Regulated
EC markets
10-15 years
Regulated in Australia
Regulated in United Kingdom
Regulated in New Zealand
Regulated in South Africa
Regulated in Seychelles
Market Making License (MM)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
9.24
Score
Regulated
GTCFX
15-20 years
Regulated in United Kingdom
Regulated in Australia
Regulated in United Arab Emirates
Regulated in Vanuatu
Market Making License (MM)
Forex Execution License (STP)
Derivatives Trading License (EP)
Forex Trading License (EP)
MT4 Full License
MT5 Full License
cTrader
Self-developed
9.23
Score
Regulated
Neex
15-20 years
Regulated in Australia
Regulated in South Africa
Market Making License (MM)
Forex Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
8.75
Score
Regulated
VT Markets
10-15 years
Regulated in Australia
Regulated in South Africa
Market Making License (MM)
Forex Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Global Business
8.68
Score
Regulated
STARTRADER
10-15 years
Regulated in Australia
Regulated in South Africa
Regulated in Seychelles
Market Making License (MM)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Regional Brokers
8.57
Score
Regulated
CPT Markets
10-15 years
Regulated in United Kingdom
Regulated in South Africa
Market Making License (MM)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
8.53
Score
Regulated
taurex
5-10 years
Regulated in United Kingdom
Regulated in Seychelles
Market Making License (MM)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
8.37
Score
Regulated
Plus500
15-20 years
Regulated in Australia
Regulated in Japan
Regulated in Cyprus
Regulated in United Kingdom
Regulated in Canada
Regulated in New Zealand
Regulated in United Arab Emirates
Regulated in Singapore
Regulated in Seychelles
Regulated in Bahamas
Market Making License (MM)
Forex Execution License (STP)
Forex Trading License (EP)
Derivatives Trading License (EP)
Derivatives Trading License (MM)
Self-developed
Global Business
High potential risk
Offshore Regulated
7.99
Score
Regulated
ATFX
10-15 years
Regulated in Australia
Regulated in Hong Kong
Regulated in United Kingdom
Regulated in Cyprus
Regulated in Cambodia
Regulated in South Africa
Regulated in Seychelles
Market Making License (MM)
Inst Market Making (MM)
Forex Execution License (STP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Regional Brokers
High potential risk
Offshore Regulated
7.99
Score
Regulated
capital.com
5-10 years
Regulated in Australia
Regulated in Cyprus
Regulated in United Kingdom
Regulated in United Arab Emirates
Regulated in Bahamas
Market Making License (MM)
Forex Execution License (STP)
Forex Trading License (EP)
Derivatives Trading License (MM)
MT4 Full License
Self-developed
Global Business
Belarus Forex Trading License (EP) Revoked
Seychelles Derivatives Trading License (EP) Revoked
High potential risk
Offshore Regulated
7.86
Score
Regulated
AUS GLOBAL
10-15 years
Regulated in Cyprus
Regulated in South Africa
Market Making License (MM)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
cTrader
Self-developed
Global Business
7.61
Score
Regulated
CXM
10-15 years
Regulated in United Kingdom
Regulated in Mauritius
Regulated in Seychelles
Inst Market Making (MM)
Securities Trading License (EP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
7.45
Score
Regulated
Moss Global(test)
5-10 years
Regulated in Malta
Regulated in United Arab Emirates
Regulated in Belarus
Regulated in Cyprus
Regulated in Australia
Inst Market Making (MM)
Forex Trading License (EP)
Forex Execution License (STP)
Authorized Representative (AR)
cTrader
Suspicious Scope of Business
United Kingdom Forex Execution License (STP) Revoked
Medium potential risk
7.27
Score
Regulated
CFI
10-15 years
Regulated in Cyprus
Regulated in United Kingdom
Regulated in United Arab Emirates
Regulated in South Africa
Regulated in Vanuatu
Regulated in Seychelles
Market Making License (MM)
Forex Execution License (STP)
Forex Trading License (EP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Regional Brokers
United Arab Emirates Derivatives Trading License (MM) Revoked
High potential risk
Offshore Regulated
7.11
Score
Regulated
MH Markets
5-10 years
Regulated in Australia
Forex Execution License (STP)
MT4 Full License
MT5 Full License
7.08
Score
Regulated
deriv
5-10 years
Regulated in Malta
Regulated in United Arab Emirates
Regulated in The Virgin Islands
Regulated in Vanuatu
Regulated in Cayman Islands
Market Making License (MM)
Forex Trading License (EP)
Derivatives Trading License (EP)
MT5 Full License
Global Business
High potential risk
Offshore Regulated
6.87
Score
Regulated
amana
5-10 years
Regulated in Cyprus
Regulated in United Arab Emirates
Regulated in Lebanon
Market Making License (MM)
Derivatives Trading License (MM)
MT4 Full License
MT5 Full License
Self-developed
High potential risk
6.66
Score
Regulated
FXTM
10-15 years
Regulated in United Kingdom
Regulated in South Africa
Regulated in Mauritius
Regulated in Kenya
Derivatives Trading License (EP)
Securities Trading License (EP)
Forex Execution License (STP)
MT4 Full License
MT5 Full License
Self-developed
Global Business
High potential risk
Offshore Regulated
6.54
Score
Regulated
traze
2-5 years
Regulated in United Kingdom
Regulated in Indonesia
Regulated in United Arab Emirates
Regulated in South Africa
Inst Forex Execution (STP)
Derivatives Trading License (AGN)
Forex Trading License (EP)
Derivatives Trading License (EP)
White label MT4
White label MT5
Self-developed
Global Business
High potential risk
6.47
Score
Regulated
Century Financial
5-10 years
Regulated in United Arab Emirates
Forex Trading License (EP)
MT5 Full License
6.30
Score
Regulated
NCM
5-10 years
Regulated in United Kingdom
Regulated in United Arab Emirates
Inst Market Making (MM)
Forex Trading License (EP)
MT5 Full License
Global Business
High potential risk
6.29
Score
Regulated
ORIENT FINANCE
5-10 years
Regulated in United Arab Emirates
Forex Trading License (EP)
White label MT5
Global Business
6.25
Score
Regulated
naqdi
2-5 years
Regulated in South Africa
Forex Trading License (EP)
MT5 Full License
Global Business
Medium potential risk
6.20
Score
Regulated
cginvest
5-10 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Self-developed
Regional Brokers
Offshore Regulated
6.17
Score
Regulated
PRIMEX
2-5 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Global Business
Offshore Regulated
6.09
Score
Regulated
Skyriss
1-2 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Regional Brokers
Offshore Regulated
5.84
Score
Regulated
ANAX Capital
1-2 years
Regulated in United Arab Emirates
Forex Trading License (EP)
MT5 Full License
Global Business
5.83
Score
Regulated
KIRA
Within 1 year
Regulated in United Arab Emirates
Forex Trading License (EP)
MT5 Full License
Global Business
5.69
Score
Regulated
AETRAM
2-5 years
Regulated in United Arab Emirates
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Global Business
5.48
Score
Regulated
CMS FINANCIAL
2-5 years
Regulated in United Arab Emirates
Forex Trading License (EP)
Suspicious Scope of Business
Medium potential risk
5.21
Score
Regulated
ARFX
1-2 years
Regulated in South Africa
Derivatives Trading License (EP)
MT4 Full License
Regional Brokers
5.19
Score
Offshore Regulated
BAAZEX
5-10 years
Regulated in Seychelles
Derivatives Trading License (EP)
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
4.39
Score
Regulated
ICM.com
5-10 years
Regulated in United Arab Emirates
Regulated in South Africa
Regulated in Seychelles
Forex Execution License (STP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Global Business
High potential risk
Offshore Regulated
4.20
Score
Regulated
DAMAN MARKETS
2-5 years
Regulated in United Arab Emirates
Forex Trading License (EP)
White label MT5
Global Business
High potential risk
3.56
Score
Regulated
ADSS
5-10 years
Regulated in United Arab Emirates
Forex Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Hong Kong Market Making License (MM) Revoked
High potential risk
2.47
Score
Offshore Regulated
dbinvesting
5-10 years
Regulated in Seychelles
Derivatives Trading License (EP)
MT5 Full License
Regional Brokers
High potential risk
Offshore Regulated
2.14
Score