Launch Your Forex Exchange Business in Dubai

To operate a Forex exchange business in Dubai, you need a license from the Securities and Commodities Authority (SCA) for trading and brokerage services. Additionally, Central Bank of the UAE approval is required for money exchange and remittance activities.

Dubai’s status as a global financial hub, its business-friendly environment, and access to international markets make it an ideal location for Forex businesses. The UAE’s robust regulatory framework ensures a secure and compliant operational environment.

Yes, SecureVisa assists Forex businesses in opening Forex-compliant corporate bank accounts. Many UAE banks offer tailored solutions for Forex companies, including accounts designed to support global trading and payment transactions.

Forex businesses must comply with the regulations set by the Securities and Commodities Authority (SCA) and the Central Bank of the UAE. This includes securing appropriate licenses, meeting capital requirements, and adhering to anti-money laundering (AML) and compliance standards.

You can set up various Forex-related businesses, including:
- Forex brokerage firms
- Online trading platforms
- Currency exchange services
- Financial advisory services focused on Forex trading

SecureVisa provides end-to-end support, including:
- Securing regulatory approvals from SCA and Central Bank of the UAE.
- Assisting with company formation in mainland, free zones, or offshore jurisdictions.
- Setting up banking and payment gateway solutions for Forex operations.
- Offering ongoing compliance and advisory services to ensure legal operations.