Is FxPro Legal in the UAE?
FxPro does not hold a licence from the UAE Securities and Commodities Authority (SCA). UAE residents are onboarded through the group's CySEC (Cyprus) or SCB (Bahamas) entities. The group also holds FCA, FSCA and SCB licences; FxPro maintains a Dubai office in Rolex Tower on Sheikh Zayed Road.
75%+ of retail investor accounts lose money trading CFDs.
SCA licence vs international entities
An SCA-licensed broker operates under UAE federal securities law with local conduct oversight. FxPro serves UAE residents through international group entities — not an SCA-licensed local brokerage. Your regulatory protection depends on which entity appears in your client agreement (CySEC, SCB, etc.).
What the Dubai office means
FxPro lists a physical office at Rolex Tower, Office 1006, Sheikh Zayed Road, Dubai. A local office supports regional operations and client contact — it does not by itself mean SCA licensing. Verify current office details on FxPro's official site before visiting.
Tax context for UAE residents
The UAE levies 0% personal income tax on individuals, so trading profits are not subject to personal income tax for typical resident individuals. Tax residency elsewhere or corporate structures may differ — this is not tax advice; consult a qualified adviser.
FAQ
Is FxPro SCA-regulated?
No. FxPro does not hold an SCA licence. UAE clients use CySEC or SCB entities per onboarding flow.
What leverage can UAE traders get?
Up to 1:500 via the SCB entity; 1:30 under FCA/CySEC retail rules. Varies by entity and instrument.
Is the Dubai office a guarantee of local regulation?
No — presence of an office is not the same as SCA licensing. Check the client agreement entity name.