Dubai's strategic location, favorable legal environment, and modern infrastructure make it an appealing hub for forex trading, attracting both entrepreneurs and investors.
Forex trading in Dubai operates under the supervision of the Dubai Financial Services Authority (DFSA), ensuring that trading activities comply with local regulations.
To legally operate in Dubai’s forex market, obtaining a current forex license is crucial, as trading without one can lead to significant penalties.
Traders in Dubai can either conduct business on the mainland or within financial free zones, such as the Dubai International Financial Centre (DIFC), each option offering its distinct advantages.
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