SponsoredGo to FxPro
72 brokers measured in United Arab Emiratesbroker data checked 27.08.2026
Shuaa Capital logoShuaa CapitalSHUAA Capital PSC (with DFSA-regulated SHUAA Capital International Ltd in DIFC)

Shuaa Capital in United Arab Emirates — review, licence and costs

Written and checked by the Ghaf Review editorial team · how we score ·  score recalculated 01.10.2026
yesAccepts residents of the United Arab EmiratesOpened by Shuaa Capital (UAE) LLC, register checked 11.07.2026

Score (4 of 6 axes scored)

4.332.0–5.0

shown, not ranked: no cost

  • Reviews25%90
  • Safety20%90
  • Track record10%100
  • Platforms10%0

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.777 = 4.33 · axes on 0–100, total on 2.0–5.0

Who actually onboards you

Entity that onboards United Arab Emirates residents
SHUAA Capital PSC (with DFSA-regulated SHUAA Capital International Ltd in DIFC)
Local standing
SCA-regulated domestic; DFM-listed asset management and investment banking platform
Licence as the register states it
SCA-regulated financial investment company (SHUAA Capital PSC, DFM-listed); DIFC arm SHUAA Capital International Ltd authorized by DFSA. DFM and ADX trading access
Leverage for this entity
Margin/securities lending & borrowing per SCA rules; equities-focused, no retail forex offering
The firm behind it
Established 1979 as Arabian General Investment Corporation (AGICO), renamed SHUAA Capital in 2001; merged with Abu Dhabi Financial Group (ADFG) in 2019; leading regional asset management and investment banking platform
What we hold against it
Publicly listed on DFM and has undergone periodic corporate restructuring/financial reporting scrutiny; specific regulatory actions not verified at review

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards UAE residents enters the score.

The entity that onboards youSHUAA Capital PSC (with DFSA-regulated SHUAA Capital International Ltd in DIFC)Local or offshore not stated in the source · SCA licence

Margin/securities lending & borrowing per SCA rules; equities-focused, no retail forex offering

—UAE
UAE median, local entities: 1:50 · 18 of 20 stated

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youSCA-regulated domestic; DFM-listed asset management and investment banking platform
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Accounts

Account types the broker names for this country: Digital trading account (via Shuaa Capital app) for DFM/ADX securities, IPO subscription, portfolio management, institutional sales & trading. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Where Shuaa Capital sits in the UAE base(75 brokers)

Round-turn cost, USD (60 of 75 priced)

7<5
4210
515
520
025
030
1>30

Median 7 USD · range 2-35 · 15 of 75 brokers do not publish it

Minimum deposit, USD (33 of 75 priced)

31<2k
14k
06k
08k
1>8k

Median 50 USD · range 0-10000 · 42 of 75 brokers do not publish it

Retail leverage (53 of 75 with a UAE figure)

41<1k
82k
23k
14k
1>4k

Median 1:500 · range 1-5000 · 22 of 75 brokers do not publish it

Withdrawal time published (75 brokers)

6of 72
Published, hours6not published38Shuaa Capital is one of the 6

Payouts(2 methods)

MethodDeposit, hFee, USDMin, USD
UAE bank transfer24050
Credit cards24050

Deposit and withdrawal methods (2 methods · 1 local)

UAE bank transfer, UAE debit/credit cards

  • UAE bank transferlocal
  • Credit cards
Account currency
AED
Fee declared
2 of 2 methods
Withdrawal back to
the funding method

Where it does not serve(1 countries)

—

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(1 platform)

  • Shuaa Capital mobile app
ClassCountMin spreadLeverage
Shuaa Capital mobile app———UAE

98 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 92 more.

Reviews(1 platform · 25% of the score)

4.8/ 5
Trustpilot rating
5, 285
reviews
02.10.2026
snapshot, 2026
SnapshotRatingReviews
02.10.20264.85, 285

Share of reviewers in the UAE: — The platform does not publish it.

Pros and cons(2 for and 4 against, each tied to a figure on this page)

For
  • Authorised by the United Arab Emirates regulator in its own register
  • Track record 100 of 100, its strongest of 4 scored axes
Against
  • Round-turn cost not priced: the pair of spread and commission is not published
  • Withdrawal time not published
  • Platforms 0 of 100, its weakest of 4 scored axes
  • Not scored on round-turn cost, payouts: the broker publishes no figure we could read

Alternatives in the UAE(6 of 75 scored in United Arab Emirates)

3.61
IG Markets
Locally licensed
Round turn, USD
13.6UAE
Min deposit, USD
0UAE
Leverage
30UAE
Rank in this country
#42
4.38
HYCM
Locally licensed
Round turn, USD
5UAE
Min deposit, USD
100 groupUAE
Leverage
50UAE
Rank in this country
#3
4.01
Plus500
Locally licensed
Round turn, USD
6UAE
Min deposit, USD
10UAE
Leverage
300UAE
Rank in this country
#17
3.71
eToro
Locally licensed
Round turn, USD
10UAE
Min deposit, USD
50UAE
Leverage
30UAE
Rank in this country
#36
3.59
Century Financial
Locally licensed
Round turn, USD
12UAE
Rank in this country
#44
4.1
BlackBull Markets
Licensed elsewhere
Round turn, USD
6UAE
Min deposit, USD
0UAE
Leverage
500UAE
Rank in this country
#11

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a UAE score. Full methodology

AxisWeightWhat is measuredShuaa Capital
Reviews25%Rating, volume and recency on one public review platform90
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median—
Safety20%Local authorisation, the entity that onboards you, any regulator warning90
Payouts15%Published withdrawal time, fees and the methods available in the country—
Track record10%Years since the firm was founded, from its own filings100
Platforms10%Which trading platforms the broker confirms for this country0

FAQ

Does Shuaa Capital accept residents of United Arab Emirates?
Yes. SCA-regulated domestic; DFM-listed asset management and investment banking platform Onboarding entity: SHUAA Capital PSC (with DFSA-regulated SHUAA Capital International Ltd in DIFC)
Is Shuaa Capital licensed to serve clients in United Arab Emirates?
SCA-regulated financial investment company (SHUAA Capital PSC, DFM-listed); DIFC arm SHUAA Capital International Ltd authorized by DFSA. DFM and ADX trading access Checked on 11.07.2026.
Which trading platforms does Shuaa Capital support?
Shuaa Capital mobile app. Instruments: DFM and ADX listed equities, IPOs; securities lending & borrowing (SLB); institutional fixed income, currencies and commodities
How can I withdraw money from Shuaa Capital in United Arab Emirates?
UAE bank transfer, UAE debit/credit cards
What account types does Shuaa Capital offer?
Digital trading account (via Shuaa Capital app) for DFM/ADX securities, IPO subscription and portfolio management; institutional sales & trading

Taxes for a UAE resident(1 rule)

  • 0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026);https://www.shuaa.com/

Not tax advice. Check with the Federal Tax Authority.

Verified · Sources