Anti-scam · UAE · July 2026
How to Verify a Broker Licence Before You Deposit in the UAE
Search the UAE SCA public register for domestic brokers. For FxPro, verify FCA 509956 and CySEC 078/07 on official registers — FxPro is not SCA-licensed; your agreement will name a CySEC or SCB entity.
75%+ of retail investor accounts lose money trading CFDs.
Step 1 — SCA register (UAE domestic)
Open the Securities and Commodities Authority licensed-firms list. If the brand is absent, it is not an SCA-regulated brokerage — that alone is not fraud, but it changes your dispute path.
Step 2 — Offshore registers
FxPro group entities appear on the FCA Financial Services Register (509956) and CySEC list (078/07). Match the exact legal name in your client agreement to the register entry — not the marketing brand alone.
Step 3 — Red flags
Guaranteed returns, pressure to deposit crypto to a personal wallet, or refusal to show entity name in writing. Walk away regardless of slick Dubai office photos.
FAQ
Is FxPro on the SCA list?
No. UAE residents use CySEC or SCB group entities per onboarding.
Does a Dubai office mean SCA approval?
No — Office 1006, Rolex Tower is regional presence, not a domestic licence.