There was high demand for retails Forex trading and The DIFC Authority has changed their rules. That was not perfect navigation for Forex brokers in UAE and has some legal limitations. DIFC authority created new requirements for UAE Forex and new measures and controls for trading in forex.
- Individual retail clients must have signed risk disclosure.
- Client facing and compliance staff both have to meet minimum skill requirements.
- Client’s funds segregated and they have to be advised.
- That is necessary to have 5 years retail experience in giving financial services.