PrimeX Capital has become the latest CFD broker to securea license from the United Arab Emirates' Securities and Commodities Authority(SCA). The approval signals the broker’s formal entry intoone of the MENA region’s most tightly regulated markets.“This license is not just a legal requirement; it is apromise to our clients,” the company commented. “The UAE is the financial heartof the region, and receiving the SCA’s approval validates our mission toprovide a secure, transparent, and world‑class trading environment forinvestors in the Middle East and North Africa.”Strengthening MENA Market ReachOperating under SCA supervision allows PrimeX Capitalto extend regulated access to a broader base of traders across the Gulf andNorth Africa.The broker plans to enhance its localized services,including Arabic-speaking client support and educational initiatives alignedwith investor needs in the region.Read more: XM to Begin Using UAE Regulatory Approval from SCAAccording to the company, clients under the new framework will benefit fromenhanced safeguards. The new SCA’s regulatory measures cover fund protection, fairmarket conduct, and strict compliance with anti‑money laundering (AML) andknow‑your‑customer (KYC) obligations. Registered in Dubai, PrimeX Capital offers forex and CFD trading acrossglobal markets through technology‑driven platforms. The firm continues toexpand its international presence under recognized regulators while providingtraders with resources and support tailored to their needs.More CFD Brokers Obtain UAE LicensesMore global brokers are steadily securing licensesfrom the United Arab Emirates’ Securities and Commodities Authority, highlightingthe UAE’s rise as a tightly regulated hub for forex and CFD trading in theGulf.Rostro Group, owner of retail broker Scope, secured a Category 5 license from the SCA last week, enabling the Dubai-based holdingcompany—founded in 2021 and active across multiple brokerages and fintechbrands—to expand its trading services across the region.Finalto was also granted a similar approval, allowing the firm to operate under the country’s regulatory framework and provide services to professional and institutional clients in the UAE, with Conor Canny appointed as CEO for MENA.Recently, the UAE automated parts of its authorizationprocess and is expected to reduce processing times by around one-third,according to the regulator. The regulator reported that 18% increase inapplications in the first nine months of this year compared with the sameperiod in 2024.This article was written by Jared Kirui at www.financemagnates.com.