Broker Alarab
Financial Regulator Guide

SCA License for Forex and CFD Brokers in the UAE

The UAE Securities and Commodities Authority license applies to financial firms operating within the SCA regulatory framework. This guide explains the SCA license, licensed trading companies, official verification, and the checks traders should complete before depositing funds.

Official register checkedLast updated: June 20262 regulated brokers
3.5/5
★★★★★
License strength
2
Licenses
2
Brokers
2000
Founded

What is the SCA license?

A simple explanation of the regulator, the strength of the license, and what to check before opening an account.

The Securities and Commodities Authority, commonly known as the SCA, is the UAE federal regulator responsible for supervising a range of securities, capital market, and commodities-related activities within its jurisdiction. The authority licenses and monitors regulated firms, applies disclosure and compliance requirements, and publishes directories that help investors identify authorized companies. For forex and CFD traders, an SCA license can be particularly relevant when the broker serves clients through a UAE-regulated legal entity. The official register allows users to review the company name, licensed activity, and regulatory status before opening an account. Traders should distinguish between the SCA, the Dubai Financial Services Authority, and the ADGM Financial Services Regulatory Authority. These regulators supervise different jurisdictions within the UAE. A broker may hold one UAE license while onboarding a client under another international entity. Always confirm the legal company named in the account agreement and the regulator that applies to the account before depositing funds.

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Why is the SCA license important?

The SCA license is important because it connects a financial company to an official regulatory framework in the United Arab Emirates. The Securities and Commodities Authority supervises licensed activities within its jurisdiction and publishes information that allows users to identify authorized companies and review the financial services they are permitted to provide. For traders in the UAE and wider Gulf region, SCA regulation can be a valuable trust signal when the broker clearly identifies the licensed legal entity, account terms, client documentation, fees, and withdrawal procedures. The official company register also provides an important method for checking regulatory claims before depositing funds. Traders should remember that SCA, DFSA, and the ADGM FSRA are separate regulators with different jurisdictions. A company licensed by SCA is not automatically licensed in the DIFC or ADGM. Users should therefore verify the exact legal entity and regulator that will apply to their account before opening a live trading account.

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Brokers regulated by SCA

A list of brokers in the Broker Alarab database with license numbers, legal entities, and official verification links where available.

XS
XS
XS4.481 license
License number
20200000339
Status
Active
Legal entity
XSTrade Financial Consultation L.L.C
Last license data check: June 26, 2026
MultiBank Group
MultiBank Group
MultiBank Group4.41 license
License number
غير متاح علنًا
Status
Active
Legal entity
MEX Global Financial Services LLC
Verify officially
Last license data check: June 26, 2026

How to verify a SCA license?

Search steps in the SCA register

1

Open the official register

Go to the regulator’s official website or register.

2

Search for the company

Use the company name or license number.

3

Match the details

Check the legal entity and license status.

To verify an SCA license, visit the official Securities and Commodities Authority website and open the licensed companies directory. Search by the company’s legal or trading name, then review its status, licensed activity, and any identification details published by the regulator. Do not rely only on an SCA logo or a statement that the broker is regulated in the UAE. Compare the official entity name with the company named in the client agreement, account-opening documents, and deposit information. Also distinguish between SCA, DFSA, and ADGM FSRA regulation. These authorities supervise different jurisdictions in the UAE. Confirm the exact regulator and legal entity that will apply to your account before registering or depositing funds.

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Do not rely on the logo only

A regulator logo on a broker website is not enough. Always verify the license number and legal entity through the official register.

Open SCA registerView all licenses

SCA license advantages

Advantages of SCA regulation include official UAE licensing, a public directory of authorized companies, and a regulatory framework covering permitted financial activities, disclosure, and compliance. Traders can check the legal entity and licensed activity before opening an account. For clients in the UAE and Gulf region, an SCA license may provide additional confidence when the broker clearly identifies the regulated entity, account terms, fees, and withdrawal procedures. The license can be especially valuable when the client is actually onboarded under the SCA-regulated company and the broker also holds additional reputable licenses in other jurisdictions.

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Important points to watch

A limitation of SCA regulation is that it does not automatically cover companies regulated by the DFSA in the DIFC or the FSRA in ADGM. Each authority supervises a separate legal jurisdiction, and a broker may also use offshore entities for certain clients. Traders should not rely only on a statement that the broker is regulated in the UAE. They should verify the exact company, licensed activity, contracting entity, account terms, withdrawal rules, fees, and the protection framework that will apply to the account.

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Final thoughts on the SCA license

An SCA license is an important UAE regulatory signal when the account is opened under the licensed entity. Check the official register, confirm the permitted activity, and compare account terms, withdrawals, fees, platforms, and any additional broker licenses.

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Quick comparison between major licenses

A short comparison to help you understand the strength of each regulator before choosing a broker.

Frequently asked questions about the SCA license

1

Is the SCA license strong?

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SCA is an important official regulator in the UAE for companies and activities that fall within its regulatory jurisdiction.

2

How can I verify an SCA-regulated company?

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Use the licensed companies directory on the official SCA website and review the company status and permitted financial activity.

3

Is SCA the same as DFSA?

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No. SCA and DFSA are separate regulators. DFSA supervises financial firms operating within the Dubai International Financial Centre.

4

Is an SCA license enough to choose a broker?

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No. Confirm the entity that will hold the account and compare fees, withdrawals, platforms, client terms, and other licenses.