Forex brokers in the UAE may be regulated by different financial regulators depending on which of the 7 emirates it is based in, although most are overseen by the Dubai Financial Services Authority (DFSA). However, some brokers are also regulated by other agencies, such as the Dubai Multi Commodities Centre, while others are operating out of free zones in the UAE where special rules apply.
Because of the complicated regulatory situation, the trading leverage offered by forex brokers in the UAE may differ from broker to broker. However, it is clear that some brokers offer high leverage of up to 1:500, which is certainly an improvement for many EU-based forex traders.