Exclusive: Deriv Starts Onboarding UAE Traders Under New SCA Licence

Wednesday, 01/10/2025 | 21:00 GMT by Tareq Sikder
  • The licence is for its new UAE subsidiary, Deriv Capital Contracts & Currencies L.L.C.
  • Recently, the firm obtained licences in Mauritius and the Cayman Islands.
Dubai skyline (shutterstock)
Dubai skyline

Deriv, an online trading company, announced that it has obtained a Category 1 license from the UAE Securities and Commodities Authority. The licence was granted to its newly formed UAE subsidiary, Deriv Capital Contracts & Currencies L.L.C. The move allows the company to provide regulated trading services in the UAE.

Deriv Targets UAE Market Under SCA Supervision

Rakshit Choudhary, CEO of Deriv
Rakshit Choudhary, CEO of Deriv

Deriv has been operating for 26 years and serves over three million clients globally. The UAE entity will operate under SCA supervision and offer services compliant with local regulations.

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This licence adds to Deriv Group’s existing international authorisations, including licences obtained in Mauritius in June 2024 and the Cayman Islands in April 2025.

“This market is especially exciting given its young, digital-first population, leading global cryptocurrency adoption. We're eager to empower clients across the UAE with our innovative platforms,” said Rakshit Choudhary, who became sole CEO of Deriv in May this year.

Source: SCA
Source: SCA

Mobile App Introduced With Localised UAE Support Options

Joanna Frendo, Chief Compliance Officer at Deriv Group, Source: LinkedIn
Joanna Frendo, CCO at Deriv Group, Source: LinkedIn

Deriv will offer localised support, region-specific payment options, and educational resources. A mobile app is available for iOS and Android.

You may find it interesting at FinanceMagnates.com: Exclusive: Deriv’s Founder Steps Down as Top Executive, Rakshit Choudhary Becomes Sole CEO.

It offers CFDs via MT5 across six markets, AED-based demo and live accounts, swap-free trading, built-in risk management tools, and support in Arabic and English.

“Obtaining our SCA licence was fundamental to our regional strategy, allowing us to serve clients in the UAE with the transparency, safeguards, and service quality that have defined Deriv for over two decades,” added Joanna Frendo, Executive Director of Deriv Capital Contracts & Currencies L.L.C and Chief Compliance Officer at Deriv Group.

Deriv, an online trading company, announced that it has obtained a Category 1 license from the UAE Securities and Commodities Authority. The licence was granted to its newly formed UAE subsidiary, Deriv Capital Contracts & Currencies L.L.C. The move allows the company to provide regulated trading services in the UAE.

Deriv Targets UAE Market Under SCA Supervision

Rakshit Choudhary, CEO of Deriv
Rakshit Choudhary, CEO of Deriv

Deriv has been operating for 26 years and serves over three million clients globally. The UAE entity will operate under SCA supervision and offer services compliant with local regulations.

Retail Join IG, CMC, and Robinhood in London’s leading trading industry event!

This licence adds to Deriv Group’s existing international authorisations, including licences obtained in Mauritius in June 2024 and the Cayman Islands in April 2025.

“This market is especially exciting given its young, digital-first population, leading global cryptocurrency adoption. We're eager to empower clients across the UAE with our innovative platforms,” said Rakshit Choudhary, who became sole CEO of Deriv in May this year.

Source: SCA
Source: SCA

Mobile App Introduced With Localised UAE Support Options

Joanna Frendo, Chief Compliance Officer at Deriv Group, Source: LinkedIn
Joanna Frendo, CCO at Deriv Group, Source: LinkedIn

Deriv will offer localised support, region-specific payment options, and educational resources. A mobile app is available for iOS and Android.

You may find it interesting at FinanceMagnates.com: Exclusive: Deriv’s Founder Steps Down as Top Executive, Rakshit Choudhary Becomes Sole CEO.

It offers CFDs via MT5 across six markets, AED-based demo and live accounts, swap-free trading, built-in risk management tools, and support in Arabic and English.

“Obtaining our SCA licence was fundamental to our regional strategy, allowing us to serve clients in the UAE with the transparency, safeguards, and service quality that have defined Deriv for over two decades,” added Joanna Frendo, Executive Director of Deriv Capital Contracts & Currencies L.L.C and Chief Compliance Officer at Deriv Group.

About the Author: Tareq Sikder
Tareq Sikder
  • 1989 Articles
  • 32 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 1989 Articles
  • 32 Followers

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