Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
RoboMarkets Secures Dubai SCA Category 1 Licence
Abstract：RoboMarkets obtains Dubai SCA Category 1 licence, boosting its MENA brokerage expansion with full trading and securities dealer permissions.
RoboMarkets Expands to the Middle East with Top SCA Licence
RoboMarkets has achieved a significant milestone in its Middle East expansion by securing a Category 1 licence from the Dubai Securities and Commodities Authority (SCA). The licence, awarded to its local entity RoboMarkets MENA for Financial Brokerage—established in July 2024—grants the broker wide-reaching permissions across trading and clearing functions.
Unlike many UAE forex and CFD brokers that operate under a limited Category 5 licence, RoboMarkets now holds one of the most comprehensive regulatory approvals available in Dubai. This Category 1 authorisation allows the company to act as a trading and clearing broker, securities dealer, trading broker in global markets, broker for non-exchange-traded derivatives, and spot FX trading in the UAE, as well as an on-market securities broker.
Competitive Market for CFD Brokers in Dubai
The move follows a steady influx of CFD brokers in Dubai seeking regulatory legitimacy through the SCA. Most competitors, including Exinity, VT Markets, Eightcap, EC Markets, and Taurex, have opted for Category 5 licences, which function similarly to introducing broker (IB) models. In contrast, only a handful of global leaders—such as Plus500 and XTB—have acquired the more advanced Category 1 SCA licence.
By joining this top tier of brokers, RoboMarkets positions itself as a stronger contender in the evolving financial brokerage sector in the Middle East, especially as investor appetite in Dubais retail and institutional trading markets continues to rise.
New Leadership and Strategic Focus
RoboMarkets‘ Dubai register also reflects new executive leadership, with Karine Ugarte taking charge as CEO of RoboMarkets MENA in May 2025. The appointment signals the company’s strategic push to deepen its footprint across the Gulf region.
This expansion comes after RoboMarkets reshaped its European operations in early 2025. The Cyprus-regulated unit, formerly active in retail CFDs, shifted exclusively to institutional clients, while its Germany-based entity pivoted to stock, bond, and ETF brokerage. Meanwhile, its Belize-regulated brand RoboForex continues to serve retail CFD traders offshore.
Industry experts note that holding an SCA Category 1 licence not only differentiates RoboMarkets from other trusted CFD brokers in the Middle East but also enhances investor confidence through stricter compliance and oversight structures applied under Dubais financial framework.\
About RoboMarkets
Founded in 2012, RoboMarkets is a European brokerage group offering access to multi-asset trading services, including stocks, ETFs, bonds, forex, and CFDs. The company operates under several regulatory frameworks worldwide, serving both retail and institutional clients, with a growing focus on innovation and global market expansion.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
E TRADE Review: Traders Report Tax on Withdrawals, Poor Customer Service & Fund Scams
Has your E Trade forex trading account been charged a withholding tax fee? Did your account get blocked because of multiple deposits? Did you have to constantly call the officials to unblock your account? Failed to open a premium savings account despite submitting multiple documents? Is fund transfer too much of a hassle at E Trade? Did you find the E Trade customer support service not helpful? In this E Trade review article, we have shared certain complaints. Take a look!
Original 1h
mBank Exposed: Top Reasons Why Customers are Giving Thumbs Down to This Bank
Do you find mBank services too slow or unresponsive? Do you find your account getting blocked? Failing to access your account online due to several systemic glitches? Can’t perform the transactions on the mBank app? Do you also witness inappropriate stop-level trade execution by the financial services provider? You are not alone! Frustrated by these unfortunate circumstances, many of its clients have shared negative mBank reviews online. In this article, we have shared some of the reviews. Read on!
Original 2h
In-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
For experienced traders, the cost of execution is a critical factor in broker selection. Low spreads, fair commissions, and transparent pricing can be the difference between a profitable and a losing strategy over the long term. This has led many to scrutinize the offerings of brokers like Uniglobe Markets, which presents a tiered account structure promising competitive conditions. However, a professional evaluation demands more than a surface-level look at marketing claims. It requires a deep, data-driven analysis of the real trading costs, set against the backdrop of the broker's operational integrity and safety. This comprehensive Uniglobe Markets commission fees and spreads analysis will deconstruct the broker's pricing model, examining its account types, typical spreads, commission policies, and potential ancillary costs. Using data primarily sourced from the global broker inquiry platform WikiFX, we will provide a clear-eyed view of the Uniglobe Markets spreads commissions prici
Original 3h
In-Depth Review of Stonefort Securities Regulation and Oversight – A Trader's Guide to the Risks
For experienced traders, the process of selecting a new broker transcends a simple comparison of spreads and leverage. It is a meticulous due diligence exercise where the integrity of the broker's regulatory framework is paramount. Stonefort Securities, a relatively new entrant in the crowded brokerage space, presents a complex and often contradictory profile. On one hand, it boasts a modern MT5 platform and a stream of positive user testimonials. On the other hand, it is shadowed by severe regulatory warnings that question the very foundation of its operations. This in-depth review focuses on the core issue for any long-term trader: Stonefort Securities regulation and oversight. We will dissect the broker's corporate structure, scrutinize its licensing claims, and analyze what the data implies for trader protection and fund security. For traders evaluating whether Stonefort Securities is a trustworthy partner, understanding these details is not just important—it is essential.
Original 3h
WikiFX Broker
Latest News
In-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
WikiFXWikiFX's New Evaluation of ATM Capital LTD: Does its License Protect the Arab Investor?
WikiFXIs Axi Legit? A Data-Driven Analysis of Its Regulatory Standing and Trader Feedback
WikiFXHow a Fake Moomoo Ad Led to the “New Dream Voyage 5” Scam
WikiFXFXPesa Review: Are Traders Facing High Slippage, Fund Losses & Withdrawal Denials?
WikiFXTrive Investigation: High Score, Hidden Risk - The Profit Paradox
WikiFXBessent believes there won't be a recession in 2026 but says some sectors are challenged
WikiFXIs GGCC Legit? A Data-Driven Analysis for Experienced Traders
WikiFXYoung Singaporean Trader Grew USD 52 into a USD 107,700 Portfolio
WikiFXmBank Exposed: Top Reasons Why Customers are Giving Thumbs Down to This Bank
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate