How to Start your
Forex Trading in Dubai
Setting up a forex trading company in Dubai involves several steps, from understanding regulatory requirements to securing the necessary licenses and establishing your business infrastructure
How to Setup a Forex Trading
Compliance Requirements
Ensure your company adheres to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. You’ll need to implement robust risk management and reporting frameworks to comply with these regulations.
Register Your Company
Company Name: Select a unique name for your company that complies with the naming conventions in Dubai. Legal Structure: Decide on the appropriate legal structure, such as a Limited Liability Company (LLC) or a free zone company.
Obtain a Forex Trading License
DFSA License: If you are setting up in the DIFC, apply for a license from the DFSA. The process involves: Submitting a detailed business plan. Demonstrating financial stability and meeting capital requirements.
Central Bank License
For mainland operations, a license from the Central Bank of the UAE is required. This involves a rigorous application process, including a detailed review of your business model.
Develop Your Trading Platform
Trading Software: Acquire or develop a robust trading platform that meets regulatory standards. Popular platforms include MetaTrader 4/5, cTrader, or custom-built solutions.
Implement Risk Management and Compliance Systems
Risk Management: Develop a comprehensive risk management system to monitor and control trading risks. Compliance.
Cost of Company Formation
The price for setting up a company in just AED 5,750.
The price would differ based on the business activities, number of shareholders, office space requirements, and other factors.
Receive a cost estimate for your business now!
Explore Monthly
Payment Plans
with Selected Banks
Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued from any of our participating banks and repay in easy instalments over a period of 12 months.
Steps
- Make a minimum purchase of AED 1,000 using your credit card for any services provided by Bellbottom Corporate Services
- Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.
- Get the option of paying over 3, 6, 9 or 12 months
*General terms and conditions from the banks will be applicable.