GivTrade has received a Category 5 licence from the UAE Securities and Commodities Authority. The licence allows the firm to carry out “Arrangement and Advice” activities in the UAE. These include financial consultations, introductions, listing advisory, and promotion activities, in line with SCA regulations.
The approval follows a trend among brokers obtaining Category 5 licences in the UAE. Earlier this month, Finalto received the licence, enabling it to serve professional and institutional clients, and appointed Conor Canny as CEO for the MENA region. In July, Exinity and VT Markets also obtained Category 5 licences from Dubai’s SCA.
Regulatory Requirements
The Category 5 licence falls under the SCA Rulebook, which requires firms to meet governance, capital adequacy, and compliance standards.
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GivTrade said the authorisation marks a step in its regional growth strategy and provides a framework for its UAE-facing operations.
Trading Offerings
GivTrade offers access to global markets through contracts for difference covering forex, precious metals, energy, indices, commodities, and stocks. Trading is available via MetaTrader 5 and the company’s proprietary applications, supported by market news, research, and educational content.
Hassan Fawaz, Chairman and Founder of GivTrade, said the licence was “a turning point for GivTrade and for our clients in the UAE.” He added the approval “confirms that our governance, risk and compliance standards meet the expectations” of the regulator and allows the firm to operate “within a clear local regulatory framework.”
UAE Investors Gain from Crypto Conversions
Recently, eToro launched crypto deposits in the UAE, allowing users to transfer nine digital assets into its Crypto Wallet and convert them to USD for trading, with 1% cashback in UAE-listed stocks on conversions, capped at $1,000 monthly through March 2026. Cryptocurrency accounts for over 90% of eToro’s revenue, while equities and commodities contribute minimally.
Meanwhile, Bitcoin is trading near $88,000–$90,000 after retreating from its 2025 high above $120,000. Consolidation follows November declines, with technical indicators showing balanced momentum. Macro trends, ETF flows, and institutional demand support the market, while long-term holders dominate supply, creating cautious optimism for medium-term upward movement.