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Forex trading, also known as foreign exchange, is quickly gaining popularity in the beautiful city of Dubai. But what is forex trading all about? Forex is a decentralized market where all the currencies of the world are traded. Find out how you can earn money trading in United Arab Emirates. Introduction to Forex Regulation and Broker in UAE. Dubai has a number of international and local forex brokers. In essence, the local forex brokerages are monitored as well as regulated by the CBUAE or the Central Bank of the United Arab Emirates. Who regulates forex brokers in the UAE and in Dubai? The main regulatory authority with finance market oversight is Central Bank of United Arab Emirates or shortly just CBUAE. In Dubai there is Dubai Financial Services Authority state regulatory body which is responsible to regulate all forex trading companies located in Dubai. Is Forex Trading legal in the UAE? This is a commonly asked question, the answer to which is positive. Yes, forex trading is legal and permitted in the UAE which is comprised of 7 independent Emirates.. Typically UAE forex brokers will register in Dubai since it is a special economic area within the UAE and home to some of the areas most respected regulators the DFSA. Industry Top Forex Brokers under one roof The Forex Expo 2020. 16-17th December 2020 10:00 AM - 6:00 PM At Dubai World Trade Center, UAE
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