The United Arab Emirates is extremely advanced country – both socially and economically. The authoritative system of UAE is completely governed by the Dubai International Financial Center (DIFC). DIFC is Dubai’s own administration system in order to standardize financial services in the region.
In order to provide maximum security to investors, the UAE regulator, the Emirates Securities and Commodities Authority (ESCA) closely observes and supervises the operations of binary options brokerage firms.Obligations to be fulfilled by UAE Brokers
The UAE binary brokers are strictly required to fulfill the following obligations to work in the district:Corresponding regulation of recognized jurisdictions such as Cyprus and UK must be verified and established. They should have a verified operational documentation or proof. They should have highly qualified staff in their team having not less than 5 years of experience in retail financial services industry. Capitalization in local currency should be revealed in a hefty amount.… Read more