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SCA regulated forex brokers

Securities and Commodities Authority · 🇦🇪 United Arab Emirates

The Securities and Commodities Authority (SCA) is the financial regulator for United Arab Emirates, established in 2000. ForexLicenses.com classifies it as tier 2 (strong regulation). We currently match 7 brokers in our database to an SCA licence.

The SCA regulates securities and commodities activity in onshore UAE (outside the DIFC and ADGM free zones). Local brokers such as Century Financial and several international groups' UAE subsidiaries hold SCA licences to deal in OTC derivatives and forex with UAE residents.

Key rules for retail clients

Tier: Tier 2 — Strong regulation
Compensation: No compensation scheme
Leverage: Set under SCA rules for OTC derivatives
Negative balance protection: Not confirmed — check with the broker
Client money: Client money segregation required
Complaints: SCA complaints

Brokers licensed by the SCA 7

Broker Licences on record Licence Score Actions

1 A ATFX Forex & CFD broker, since 2014 FCA CySEC FSCA SCA FSC (MU) 66Strong Licences Visit site

2 E Equiti Forex & CFD broker, since 2008 FCA SCA CMA (Kenya)JSC FSA (Seychelles) 65Strong Licences Visit site

3 A ADSS Forex & CFD broker, since 2011 FCA SCA 60Moderate Licences Visit site

4 CF Century Financial Multi-asset broker, since 1989 SCA 48Moderate Licences Visit site

5 NC Noor Capital Forex & CFD broker, since 2005 SCA 48Moderate Licences Visit site

6 OF Orient Financial Brokers Forex & CFD broker, since 2002 SCA 48Moderate Licences Visit site

7 SL Sky Links Capital Forex & CFD broker, since 2001 SCA 48Moderate Licences Visit site

Frequently asked questions

How do I check if a broker is SCA regulated?

Search the firm's name or licence number on the SCA official register (https://www.sca.gov.ae/en/services/licensed-companies.aspx), confirm the status is current and that the website domain you're using is listed, then check the SCA warning list for clones.

Does the SCA offer investor compensation?

No compensation scheme

What leverage do SCA-regulated brokers offer?

Set under SCA rules for OTC derivatives

Is negative balance protection required by the SCA?

We have not confirmed a blanket requirement under the SCA. Check the broker's client agreement for its negative balance policy.