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Plus500 launches mainland UAE operations with new SCA license
Plus500 has launched Plus500Gulf Securities LLC under a new SCA license, expanding its presence in the UAE and enhancing local trading services beyond CFDs.
Plus500, a global fintech leader, has expanded in the UAE by launching Plus500Gulf Securities LLC, now licensed by the Securities and Commodities Authority (SCA). This move boosts its ability to reach customers across the UAE mainland and expand its offering beyond CFDs to include shares, futures, and options.
Learn how to trade CFDs on popular assets with Top Forex broker Plus500
Building on two years of success under the Dubai Financial Services Authority (DFSA) in DIFC, Plus500 now holds 14 global licenses and serves over 30 million users in 60+ countries. The SCA license makes it one of the few firms with dual UAE regulation, reinforcing its long-term regional commitment.
With strong 2024 financials — $768M in revenue and $900M in cash — Plus500 is well-positioned to bring tailored, tech-driven trading solutions to UAE traders via its new entity, Plus500Gulf.
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Last update: Apr 09, 2025