The latest licence has been granted to ICM MENA by Dubai’s Securities and Commodities Authority.
The broker also held another licence in the country from the regulator in Abu Dhabi.
ICM.com has obtained its second United Arab Emirates (UAE) licence as the brokerage brand strengthens its presence in the Middle East. Announced today (Tuesday), ICM MENA, a subsidiary of ICM.com, obtained the Securities and Commodities Authority (SCA) licence from the authorities in Dubai.
The new licence will allow the ICM.com brand to provide promotional and introductory services across the UAE.
“Global Expansion Strategy”
“Dubai’s financial ecosystem is one of the most attractive in the world, and this regulatory approval allows us to reach out to the vast client base within the UAE, backed by full compliance with UAE regulations,” said the CEO of ICM.com, Shoaib Abedi, who further pointed out that the new licence is part of the broker’s “global expansion strategy.”
Shoaib Abedi, CEO of ICM.com, Source: LinkedIn
Besides the new Dubai licence, ICM.com is already regulated by Abu Dhabi Global Market (ADGM). The broker also obtained a Seychelles licence last November to expand the reach of its offshore operations.
The other jurisdictions where ICM.com is regulated are Mauritius, South Africa, and Switzerland.
Although the UK unit of ICM.com still allows new client onboarding, it has restricted this to professional clients only.
Dubai has become an attractive destination for CFDs brokers. Finance Magnates recently reported on the opening of a new Dubai office by Polish broker XTB, only a few months after it obtained an SCA licence in the city. Plus500 is another brokerage giant that entered the UAE market recently with an SCA license.
ICM.com has obtained its second United Arab Emirates (UAE) licence as the brokerage brand strengthens its presence in the Middle East. Announced today (Tuesday), ICM MENA, a subsidiary of ICM.com, obtained the Securities and Commodities Authority (SCA) licence from the authorities in Dubai.
The new licence will allow the ICM.com brand to provide promotional and introductory services across the UAE.
“Global Expansion Strategy”
“Dubai’s financial ecosystem is one of the most attractive in the world, and this regulatory approval allows us to reach out to the vast client base within the UAE, backed by full compliance with UAE regulations,” said the CEO of ICM.com, Shoaib Abedi, who further pointed out that the new licence is part of the broker’s “global expansion strategy.”
Shoaib Abedi, CEO of ICM.com, Source: LinkedIn
Besides the new Dubai licence, ICM.com is already regulated by Abu Dhabi Global Market (ADGM). The broker also obtained a Seychelles licence last November to expand the reach of its offshore operations.
The other jurisdictions where ICM.com is regulated are Mauritius, South Africa, and Switzerland.
Although the UK unit of ICM.com still allows new client onboarding, it has restricted this to professional clients only.
Dubai has become an attractive destination for CFDs brokers. Finance Magnates recently reported on the opening of a new Dubai office by Polish broker XTB, only a few months after it obtained an SCA licence in the city. Plus500 is another brokerage giant that entered the UAE market recently with an SCA license.
Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well.
His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report.
Area of coverage:
1. CFD broker-related news
2. Industry-related Regulatory updates and developments
3. New retail trading trends
4. Prop trading industry updates
5. Executive interviews
Education:
Bachelor of Technology - National Institute of Technology, Agartala (India)
Retail Traders Can Now Access Prediction Markets Through Binance Wallet
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
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FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
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We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
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In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
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#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
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Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
