Eightcap Expands to Dubai: A Quick Look at the Broker’s Regulatory Footprint

Eightcap Gets Green Light in Dubai

Forex and CFD broker Eightcap has quietly secured a Category 5 license from the UAE Securities and Commodities Authority (SCA), allowing it to operate in Dubai as a financial consultant and introducing broker. While the firms local website is not yet live, the move reflects a broader trend of brokers expanding to the Middle East.

Eightcap Financial Services MENA was registered in January 2025, joining a growing list of international brokers like Plus500, XTB, and ANAX Capital who view Dubai as a gateway to the MENA region. Although the Category 5 license does not permit custody of client assets in the UAE, it grants marketing and onboarding rights under non-UAE licenses.

How Does Eightcap Score on WikiFX?

According to WikiFX, Eightcap currently holds a composite rating of 7.89 out of 10, reflecting a strong operational standing. The broker is regulated in multiple jurisdictions:

• ASIC (Australia): Market Maker License
• FCA (UK): STP License
• CySEC (Cyprus): STP License
• SCB (Bahamas): Offshore Retail Forex License

This multi-jurisdictional presence adds credibility, especially with top-tier regulators like ASIC and FCA.

Platform Environment & Trading Experience

Eightcap scores 8.76 in WikiFXs environment rating. Key highlights include:

• MT4/MT5 Full License with over 90 verified servers
• Average execution speed of 222ms, which is considered “Perfect”
• Trading offerings cover FX, indices, crypto, commodities, and more
• Various funding methods are supported with transparent processing times

User Sentiment & Global Reach

Traffic data from WikiFX shows that Eightcap has strong visibility in countries like Australia, Thailand, and Vietnam, suggesting a well-established global footprint. Notably, the broker has a balanced B2B and retail strategy, increasingly aligned with institutional partnerships and third-party integrations.

Conclusion

Eightcaps expansion into Dubai is another step in its global strategy, adding regional exposure to an already solid licensing portfolio. For traders, its wide asset selection, fast execution, and multiple regulatory backstops make it a broker worth watching—though prospective users should still review recent complaints and service feedback before opening an account.