Brokers

Services

Seeking from the SCA legal counsel or interpretation of a legal text through the following:

· Personal submission of application

· Email

· Fax

​The license period is one year ending by December, and the company has to renew the license prior to expiry. The license is valid only for offering brokerage service on DGCX.
​The license will be renewed and sent to DGCX before 31st December.
​1. The brokerage companies shall enter the E-Service and register for a new user in the absence of the company username.
2. The brokerage companies shall make the bookings for examination (for First Sitting Entry Exam, as well as Resit Entry Sitting exam).
3. The brokerage companies shall pay online or attach the deposit slip in the E-Service.
4. SCA shall ensure the collection of the examination fees and shall inform the company in case of confirmation or rejection of the deposited amount.
5. The e-service confirms the date of examination booking and shall inform the company accordingly by e-mail after the end of the request.
​steps SCA shall verify that the abovementioned data and documents are complete in their final form; and then, SCA shall arrange for an onsite visit to the branch to ensure its readiness for operation before issuing the license. 12. The branch shall pay the fees for registration at SCA prior to issuing the license. The collectible license fee shall be prorated for the period of the license to the year with a part of the month calculated as a whole month. A one full year fee shall be AED 5000.

The license shall be issued and shall remain valid as from the date of its signature through the end of the year subject to renewal at the beginning of the following year.


SCA shall ensure that all items stipulated in clause (a) are fully met before issuing a license renewal certificate.

One year ending on December 31st each year. The period of the first license shall be as of the date of issuance through December 31st of the same year. The fee due for this license shall be prorated for the period of the license to the year with a part of the month calculated as a whole month
​SCA shall ensure that all items stipulated in clause (a) are fully met before issuing a license renewal certificate.
  1. Company Submits the application with its attachments to SCA.
  2. SCA verifies the completion of required documents and procedures.
  3. SCA issues the approval letter, or rejects the application.
​- Submit forms with the required attachments - Pay Fees
​1. Company Submits the application with its attachments to SCA.
2. SCA verifies the completion of required documents and procedures.
3. SCA issues the no objection letter, or rejects the application.
​1. Company Submits the application with its attachments through SCA Web site.
2. SCA verifies the completion of required documents and procedures.
3. SCA issues a replacement certificate, or reject the application.
  1. Company Submits the application with its attachments to SCA.
  2. SCA verifies the completion of required documents and procedures.
  3. SCA issues the letter for registering the brokerage company’s staff.
  • Activation of user account/username (one time only).
  • Payment of service fees is a must before CPD submissions.  
  • Compliance of 30 SCA CPD hours each year.
  • CPD requests are processed in 5-10 working days .