List of Broker with DMCC Regulation

Official regulators in the UAE are as follows:

• The Dubai Financial Services Authority (DFSA)
• The Abu Dhabi Global Market (ADGM)
• The Securities Commission Authority (SCA)
• Central Bank of the United Arab Emirates (CBUAE)

It is important to understand that the UAE is divided into two financial areas, namely the Mainland and Free Zones. Brokers who operate in the Mainland are regulated by the SCA or CBUAE. Meanwhile, DFSA and ADGM regulate brokers in the Free Zones, which are designated to encourage foreign investments and allow foreign-owned companies to be located.

Continue Reading at Best Forex Brokers in United Arab Emirates (UAE)

The CNMV is responsible for supervising and regulating the financial markets in Spain. It collaborates closely with the European Securities and Markets Authority (ESMA) and applies unified laws for trading in leveraged markets for retail investors, as Spain is a member of the European Union.

Continue Reading at 3 Interesting Facts of Forex Trading in Spain

The Capital Markets Authority (CMA) is the financial regulatory body in Kenya. Although the CMA was established in 1989, it was not until 2016 that the government granted the CMA the power to monitor forex trading. Before this, the market was full of scams committed by unregulated brokers. Today, thanks to the Financial Act of 2016, forex trading is more secure and transparent in Kenya.

Continue Reading at Is Forex Trading Legal in Africa?

Online trading in Nigeria is currently unregulated, while offline forex trading is well-regulated. This regulatory contrast is due to the differences like these two markets.

Continue Reading at Is It Safe to Trade Forex in Nigeria?