Forex trading in Dubai

As of my last knowledge update in January 2022, the financial market in Dubai, and more broadly in the United Arab Emirates (UAE), is regulated by the UAE Securities and Commodities Authority (SCA). The Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) are the two primary stock exchanges in the country.Here are some key points about the Forex trading in Dubai:1. Regulatory Framework: The Securities and Commodities Authority (SCA) is the regulatory body overseeing the securities and commodities markets in the UAE, including Dubai. The SCA establishes regulations and guidelines for the operation of financial markets, ensuring transparency and investor protection.2. Stock Exchanges: The Dubai Financial Market (DFM) is located in Dubai and is one of the leading stock exchanges in the region. It lists various local and international companies. The Abu Dhabi Securities Exchange (ADX) is based in Abu Dhabi and is another major stock exchange in the UAE.3. Listed Securities: Companies listed on the DFM and ADX represent a variety of sectors, including finance, real estate, telecommunications, and energy.4. Forex Brokers: There are numerous Forex broker in Dubai, both domestic and international, offering trading services to clients. These brokers provide online trading platforms, access to liquidity providers, and various tools and resources for traders.