Membership Options

Choose Your Membership Type

Our trading model includes the following key market participants:

For UAE-based brokerage firms that are regulated by the Securities and Commodities Authority (SCA):

Trading Member

Trade on behalf of your clients and clear and settle through a Clearing Member.

: SCA Licensed

Yes

Paid-up Capital

AED 30M

Collateral and Guarantees

Based on your agreement with the GCM

Official Documents

Official letter stating the name of the appointed General Clearning Member
Signed agreement with a General Clearing Member for the settlement of customers’ or company's trades, fees and all account dues.*

Others

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The agreement shall specify the relationship between the trading member and the clearing member, rights and obligations of each party, work procedures, and distribution of the commission between them.

Trading & Clearing Member

Trade, clear and settle on behalf of your clients.

: SCA Licensed

Yes

Paid-up Capital

AED 30M

Collateral and Guarantees

Minimum of AED 10M collateral in either bank guarantee or cash

Official Documents

Clearing Admission Agreement with Dubai Clear

Others

Settlement account with settlement bank that includes authorization of overdraft if applicable.
For DVP Members only: completed Payment Undertaking Agreement

The agreement shall specify the relationship between the trading member and the clearing member, rights and obligations of each party, work procedures, and distribution of the commission between them.

Derivatives Trading & Clearing Member

Trade, clear and settle Equity Futures on behalf of your clients.

: SCA Licensed

Yes

Paid-up Capital

AED

Collateral and Guarantees

TBD

Official Documents

TBD

Others

TBD

The agreement shall specify the relationship between the trading member and the clearing member, rights and obligations of each party, work procedures, and distribution of the commission between them.

For brokerage firms that are UAE-based or international and not licensed by the SCA:

Remote Member

Become a member via remote access.

: SCA Licensed

No

Paid-up Capital

AED

Collateral and Guarantees

TBD

Official Documents

TBD

Others

TBD

The agreement shall specify the relationship between the trading member and the clearing member, rights and obligations of each party, work procedures, and distribution of the commission between them.

For UAE-based brokerage firms that are regulated by the SCA or Central Bank of the UAE:

Clearing Member

Clear and settle on behalf of a trading member.

: SCA Licensed

Yes

Paid-up Capital

AED

Collateral and Guarantees

TBD

Official Documents

TBD

Others

TBD

The agreement shall specify the relationship between the trading member and the clearing member, rights and obligations of each party, work procedures, and distribution of the commission between them.

Become a Broker Member

We are here to guide you through the process of becoming a member. To start the onboarding process, contact one of our dedicated team members. We look forward to having you on board. Get in touch