Empire Markets (FXEM) has secured a UAE Capital Market Authority (CMA) Financial Consultations and Introduction license (Category 5), marking a step in formalising its operations within the United Arab Emirates.
The firm, which has been operating as an offshore broker domiciled in Mauritius, manages much of its activity from Egypt and Dubai. With the new UAE authorization, FXEM moves to engage clients under a recognised local regulatory framework.
Empire Markets Moves Onshore in UAE with CMA License
Over the past year, a UAE CMA license, formerly issued under the Securities and Commodities Authority (SCA), has become increasingly sought after among FX and CFDs brokers and liquidity providers aiming to strengthen their footprint in the UAE and the wider MENA region. Companies that have recently obtained similar approvals include PU Prime, INFINOX, Pepperstone, XM, and Eightcap, among others.
FXEM said the license reflects its intention to operate within a recognised regulatory structure while investing in the infrastructure needed to support client engagement in one of the region’s most active financial hubs.
Khaled Assy, Managing Director at FXEM, commented:
“This is an important step forward for FXEM in the UAE. Not just because it’s a requirement, but because it sets the standard for how we show up for clients every day. We’re proud to shape our local presence in a way that’s transparent, structured, and built for the long term.”
The broker continues to develop its trading environment, offering clients access to the MetaTrader 5 (MT5) platform. The system enables trading across multiple asset classes through a single account interface, accessible across devices.
Abdelaziz Albogdady, Market Research & Fintech Strategy Manager at FXEM, said the Category 5 license aligns with the firm’s objective of engaging UAE-based clients through a regulated channel while maintaining operational standards developed over more than a decade.
FXEM stated that it plans to deepen its regional presence by building local capabilities and maintaining regulatory alignment as it expands across the UAE and broader MENA market.
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