Warnings

Warnings

  1. On the basis of the regulatory role of the Securities and Commodities Authority (SCA) to ensure sound transactions and protect investors in accordance with the provisions of the Federal Law No. (4) Of 2000 concerning the Emirates Securities and Commodities Authority and Market and the regulations issued thereunder, and pursuant to the Chairman of the SCA Board of Directors' Decision No. (9/R.M) of 2017 concerning the Controls for Publishing Warnings;
  2. And as it was observed that some entities publish ads and announcement that they are engaged in activities or they provide services regulated by the SCA without obtaining the relevant license, authorization or approval from the SCA;

Therefore, the SCA would warns:

Investors from dealing with the entities whose details are stated below:

Name of Person Address Practice not licensed by the SCA Publish Date
Pride Group Dubai company and its website https://www.prideholding.com/undefined

The Authority (SCA) notes that the mentioned company does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, and the Authority disclaims any responsibility for any dealings with that company in this regard.

15-04-2024

Altawoon Trading and its website https://www.eltaawon.com/en/trade-or-invest

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The Authority (SCA) notes that the mentioned company does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, the Authority disclaims any responsibility for any dealings with that company in this regard.

27-03-2024

MRL INVESTMENTS LTD, which operates the website WWW.EQUIITi.COM

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The Authority notes that the aforementioned company is not licensed by the Authority to practice any of the activities subject to its control and supervision, and that the Authority is not responsible for any dealings that take place with the aforementioned company in this capacity, and that the aforementioned company has no connection or relationship with Equity Securities Currency Brokerage Company LLC., licensed by the Authority, to practice the activity of a broker in trading unregulated derivatives contracts and currencies in the spot market.

27-03-2024

CFD BEST BROKERS and its website http://www.cfd.ae

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The Authority (SCA) notes that the mentioned company does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, and the Authority disclaims any responsibility for any dealings with that company in this regard.

14-02-2024

RIGHTFX Company

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The Authority (SCA) notes that the mentioned company does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, and the Authority disclaims any responsibility for any dealings with that company in this regard.

05-02-2024

Smart Trade Investment

Website

Based on the SCA’s oversight and supervisory role on the licensed financial markets in UAE in a way that serves the interest of the national economy and ensures the safety of transactions and the protection of investors, SCA calls on investors not to deal with the website (Smart Trade Investment | LinkedIn) because it has not obtained a license to practice any activities subject to the supervision of SCA, and the Authority disclaims any responsibility for any dealings with that site in this regard.

22-01-2024

(pursa.co)

Website

Based on the SCA’s oversight and supervisory role on the licensed financial markets in UAE in a way that serves the interest of the national economy and ensures the safety of transactions and the protection of investors, SCA calls on investors not to deal with the website )Buy and Sell Bitcoin in United Arab Emirates Anonymously | Best Bitcoin Exchange in United Arab Emirates (pursa.co) because it has not obtained a license to practice any activities subject to the supervision of SCA, and the Authority disclaims any responsibility for any dealings with that site in this regard.

22-01-2024

Mena Global Market

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The Authority (SCA) notes that the mentioned company does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, the Authority(SCA) is not responsible for any dealings with the mentioned company.

22-01-2024

unknown party impersonates the name and description of World Investments PSC

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SCA warns the public investors against an unknown party impersonating the company named World Investments PSC – a company licensed by SCA- by using the name of the company and some of its information, and it calls upon all investors to verify the truth of the entity they are dealing with before signing any agreements or making any financial transfers and to refer to Data on licensed companies published on SCA’s website through the link :- https://www.sca.gov.ae/ar/open-data/licensed-companies.aspx#page=1 and This is in order to avoid any fraudulent Practices by unknown entities.

16-01-2024

Unidentified


SCA warns the public investors about some unknown party/(s) impersonating the name and description of Dubai Investments PJSC, a Company listed on the Dubai Financial Market - by using the name and logo of the listed Company. Additionally SCA warns all investors to verify the identity of the entity they are dealing with before signing any agreements or making any financial transactions, and to refer to Data related to licensed companies published on the market's website where they are listed in order to avoid exposure to any fraudulent operations by unknown entites.

04-01-2024

Trillium financial broker

Company / Dubai

The Authority (SCA) notes thatthe mentionedcompany does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, the Authority (SCA) is not responsible for any dealings with the mentioned company.

03-01-2024
Amka Capital Undefined Based on the SCA’s oversight and supervisory role on the licensed financial markets in the UAE in a way that serves the interest of the national economy and ensures the safety of transactions and the protection of investors, SCA calls on investors not to deal with Amka Capital (through the website) Regarding any activities subject to the SCA’s oversight because the aforementioned company has not obtained the necessary license to practice those activities, and the SCA disclaims any responsibility for any dealings with the aforementioned company in this regard. 30-10-2023


unknown party impersonates the name and description of Mashreq Securities Company

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The SCA warns the investors that an unknown party impersonates the name and description of Mashreq Securities Company – licensed by SCA – by using the name and logo of the mentioned company and the logos of some government agencies, and that it calls on all investors to verify the truth of the entity that is dealing with before signing any agreements or making any financial transfers and referring to the data of licensed companies published on the SCA's website through the link :- https://www.sca.gov.ae/ar/open-data/licensed-companies.aspx#page=1 and This is in order to avoid any fraudulent Practices by unknown entities.


9/10/2023

SAL INVESTMENT L.L.C

Company

informs the investors that SAL INVESTMENT L.L.C Company has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to the regulations and supervision of the SCA.

14/08/2023

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The sca warns investors against dealing with any entity regarding the services or activity of a Broker for trading non‐ exchange Traded derivative contracts and currencies in the spot market, only after verifying the license issued by the sca for that entity.

20/07/2023


Al-Bate Al-Ameen L.L.C

Company

The Authority (SCA) informs the investors that Al-Bate Al-Ameen L.L.C Company has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision by the SCA.

06/06/2023


Digibits Company


Dubai

The Authority (SCA) notes that the mentioned company does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, the Authority(SCA) is not responsible for any dealings with the mentioned company.

15/05/2023


GOLDEN ACCESS MARKETING


Company

Based on the SCA’s oversight and supervisory role on the licensed financial markets in UAE in a way that serves the interest of the national economy and ensures the safety of transactions and the protection of investors, SCA calls on investors not to deal with GOLDEN ACCESS MARKETING because the said company did not obtain the necessary license to practice such activities subject to the supervision of SCA, and the Authority disclaims it’s responsibility for any dealings with the aforementioned company in this regard.

02/05/2023

Tariq alaimtiaz financial services L.L.C

Company

The Authority (SCA) informs the investors that Tariq alaimtiaz financial services L.L.C Company has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision by the SCA.

13/04/2023


GoDo FX Office Company


Company

The Authority (SCA) informs the investors that GoDo FX Office Company has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision by the SCA.

13/04/2023


GTC Global Trade Capital STP broker


Company

The Authority (SCA) informs the investors that GTC Global Trade Capital STP broker Dubai Branch –REP Office Company has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision by the SCA.

13/04/2023


SCA warns the public against falling for fake ads that promote subscription to Salik’s IPO


The Securities and Commodities Authority (SCA) urges investors not to deal with unlicensed fictitious entities, which use social media to post ads promoting subscription to Salik’s initial public offering for fear of being defrauded as these entities trick investors into believing that they can make profits. The SCA urges the public to exercise caution and not to respond to these misleading calls, especially since there have been cases recently where the names, logo, and documents of licensed companies were used in such fake ads. It warns investors against dealing with any company until after visiting its headquarters or contacting it using its official contact numbers, which are found on the SCA’s website under the Licensed Companies list.

To know more: click here

11/04/2023

GREEN CANDLES MARKETING MANAGEMENT

Company

Based on the SCA’s oversight and supervisory role on the licensed financial markets in UAE in a way that serves the interest of the national economy and ensures the safety of transactions and the protection of investors, SCA calls on investors not to deal with GREEN CANDLES MARKETING MANAGEMENT because The company has not obtained a license to practice any activities subject to the supervision of SCA, and the Authority disclaims any responsibility for any dealings with that site in this regard.


04/04/2023


Website

(https://www.brokwasata.com/)


The Authority (SCA) informs the investors that the company announced through the website https://www.brokwasata.com/ has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to the regulation and supervision of the SCA.

21/03/2023

(@swfarids)


Account (@swfarids) on the social networking site "Twitter"

The SCA warns the investing public that The account (@swfarids) on the social networking site "Twitter" does not have any license from the SCA. Therefore, the SCA warns investors against dealing with the aforementioned company in any activity subject to the regulation and supervision of the SCA without obtaining the necessary regulatory approvals.

13/03/2023

Unidentified



SCA notes to the public investors that some entity and individuals are impersonated Al Mal Capital PSC by forging some documents using company and some government agencies logos. In this regard, SCA calls upon the need to verify whether or not the entities that are dealt with have obtained a license from the Authority, prior to dealing with them regarding any of the activities subject to the Authority’s regulation, supervision and control.

22/02/2023

ARABIAN INDEX COMMERCIAL BROKERS L.L.C



Based on the SCA’s oversight and supervisory role on the licensed financial markets in UAE in a way that serves the interest of the national economy and ensures the safety of transactions and the protection of investors, SCA calls on investors not to deal with ARABIAN INDEX COMMERCIAL BROKERS L.L.C because The company has not obtained a license to practice any activities subject to the supervision of the SCA, and the Authority disclaims any responsibility for any dealings with the aforementioned company in this regard.


1/02/2023


ICM Securites



The Authority (SCA) informs the investors that ICM Securites Company has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision by the SCA.

10/01/2023


Website: (https://www.bellstrade.com)



Based on the SCA’s oversight and supervisory role on the licensed financial markets in UAE in a way that serves the interest of the national economy and ensures the safety of transactions and the protection of investors, SCA calls on investors not to deal with the website (https://www.bellstrade.com/) because The company that owns the site has not obtained a license to practice any activities subject to the supervision of SCA, and the Authority disclaims any responsibility for any dealings with that site in this regard.


10/01/2023
Website:(https://www.gifxprime.com/)-

The Authority (SCA) informs the investors that the company announced through the website:

(https://www.gifxprime.com/), has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to the regulation and supervision of the SCA.

28/10/2022
Unspecified Entity
-

The Authority notes to the investor public that unknown entities have impersonated companies that are licensed by the SCA and attempted to promote activities subject to the regulation and supervision of the Authority, using the Abu Dhabi Securities Exchange logo in fraudulent ways. In this regard, the authority calls for the necessity of verifying the license of any entity, before dealing with it in any of the activities subject to the regulation, supervision and control of the authority.

12/10/2022
BCM Holdings
-

The Authority (SCA) informs the investors that BCM Holdings Company has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision by the SCA

10/10/2022
Richelieu Financial LLC
-

The Authority (SCA) informs the investors that Richelieu Financial LLC Company has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision by the SCA.

29/08/2022
Credence LTD
-

The Authority (SCA) warns the investors that Credence Limited does not obtain any license to practice any activities which is subject to the supervision of SCA Therefore, SCA warns investors in dealing with the mentioned company in any activity that subject to regulation and supervision by the SCA.

24/08/2022
Equity Group LTD (Jordan)
Jordan

The SCA warns the investing public that Equity Group LTD (Jordan) does not have any license from the SCA. Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision of the SCA.

We also inform investors that the published warning is not related to Equiti Securities Currencies Brokers LLC, a currency brokerage licensed by the SCA.
27/07/2022

Seven Capitals Trading L.L.C

Dubia
The Authority (SCA) notes that the mentioned company does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, the Authority(SCA) is not responsible for any dealings with the mentioned company.
05/07/2022
Mshahed International Group
Dubia
The Authority (SCA) notes that the mentioned company does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, the Authority(SCA) is not responsible for any dealings with the mentioned company.
16/06/2022
Fasttoken electronic currency design and programming
Abu DhabiThe Authority (SCA) notes that the company mentioned has not obtained a license to practice any activities subject to the supervision of SCA to date, and SCA calls upon investors to verify the license issued to any entity before dealing with it regarding any activities or services subject to the control of SCA
20/05/2022
axia trade
https://axiainvestments.com/ar/
The Authority (SCA) notes that the mentioned company ( axia trade ) does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, the Authority(SCA) is not responsible for any dealings with the mentioned company.
19/05/2022
Maliyat Investment Company
-
Based on the regulatory and supervisory role of SCA over the markets licensed in the country in a manner that serves the interest of the national economy and ensures the safety of transactions and protection of investors, Therefore SCA would like to point out that Maliyat Investment Company has not obtained a license to practice any activities subject to the supervision of SCA to date, and SCA calls upon investors to verify the license issued to any entity before dealing with it regarding any activities or services subject to the control of SCA.
18/05/2022
An impersonator of Daman Investment Company
-
SCA inform investors, and all other external parties that the websites, which operates on the mentioned links www.daman-invest.com & www.damaninv.com, have impersonated the company DAMAN INVESTMENTS. In this regard, the SCA calls for the necessity of verifying whether or not the entity that is dealt with has obtained a license from SCA,as well as verifying the entity’s information from its website before initiating any transaction with said entity regarding any of the activities subject to the regulation, supervision and control of the SCA.
24/03/2022
An impersonator of the International Securities Company
-SCA informs investors, and all other external parties that the website, which operates on the link https://zam.capital/, has impersonated the International Securities LLC. And is trying to promote the service of managing securities portfolios through the mentioned company, using the logo of the Abu Dhabi Securities Exchange (ADX) in a fraudulent way, the SCA calls for the necessity of verifying whether or not the entities that are dealt with have obtained a license from SCA, before dealing with them regarding any of the activities subject to the regulation, supervision and control
17/03/2022
MIDWAY MARKETING MANAGEMENT
Dubai
The Authority (SCA) notes that the mentioned company (Midway Marketing Management LLC) does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, the Authority(SCA) is not responsible for any dealings with the mentioned company.
15/03/2022
Swiss Capital Financing Broker LLC
Dubai
The Authority (SCA) notes that the mentioned company ( Swiss Capital Financing Broker LLC) does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority Thus, the Authority(SCA) is not responsible for any dealings with the mentioned company.
15/03/2022
Silwana Diamond
DubaiThe securities and commodities authority (SCA) notifies the investors that the mentioned company does not have any license from SCA to carry out any activities regulated by SCA. and therefore SCA is not responsible for any dealings with the said company.
10/03/2022

Twitter accountkteermahdoom"@Mahdoom2011"

Unidentified

SCA notifies that the mentioned account name is not a consultant nor financial analysis licensed by SCA. Therefore, SCA is not responsible of any source of interaction with the mentioned account.

10/03/2022

@almannaee770

Twitter account

The SCA warns the investing public that The account (@almannaee770) on the social networking site "Twitter" does not have any license from the SCA. Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision by the SCA without obtaining the necessary regulatory approvals.

27/01/2022

https://www.khaleej.tech

Unidentified

Based on the regulatory and supervisory role of SCA over the markets licensed in the country in a manner that serves the interest of the national economy and ensures the safety of transactions and protection of investors, SCA calls upon investors not to deal with the website (https://www.khaleej.tech/)

regarding any activities subject to the supervision of SCA, and that The company advertised in site did not obtain a license from SCA to engage in any activities, and SCA disclaims its responsibility for any dealings with that site in this regard.

Unidentified

@Chirin Asadi

Unidentified
Based on the regulatory and supervisory role of SCA over the markets licensed in the country in a manner that serves the interest of the national economy and ensures the safety of transactions and protection of investors. SCA calls upon investors not to deal with the account / @Chirin Asadi on "Twitter" regarding any activities subject to the supervision of SCA since this account has not obtained a license from SCA to engage in any activities, and SCA disclaims its responsibility for any dealings with that account in this regard.
Unidentified

The website:

https://sgbbrokersdealers.com

Unidentified
Based on the regulatory and supervisory role of SCA over the markets licensed in the country in a manner that serves the interest of the national economy and ensures the safety of transactions and protection of investors, Therefore SCA calls upon investors not to deal with the website (https://sgbbrokersdealers.com/) regarding any activities subject to the supervision of SCA, and that The company advertised in site did not obtain a license from SCA to engage in any activities, and SCA disclaims its responsibility for any dealings with that site in this regard.
Unidentified
A3 Trading
Unidentified
The SCA warns the investing public that A3 Trading Company does not have any license from the SCA. Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to regulation and supervision by the SCA without obtaining the necessary regulatory approvals.
Unidentified
Twitter account name (@EL_OMDAH)
Unidentified
The Securities and Commodities Authority (SCA) notes that the account holder (@EL_OMDAH) on Twitter does not have any license as a financial advisor or financial analyst, and therefore (SCA) warns investors not to deal with him in relation to activities related to capital markets, which are regulated by the Authority. And (SCA) is not responsible for any dealings with the said person in this capacity.
16-Mar-21
The website
(http://ubc-uaeinvest.com/ar/)
Unidentified
The mentioned website impersonated a licensed company by SCA ; Therefore SCA warns investors against dealing with the mentioned website in any services or activities subject to the SCA supervision, as well as not to deal with any other bodies except after verifying the license issued to it, as it was found that there are Another external impersonated the Union Financial Brokerage Company licensed by the SCA, where the impersonator deceives investors that it is the real company to seize their money. Therefore, please be careful and verify that the dealings are with the real company and not the fake.
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Twitter account name (@Kindxes)Unidentified
The Securities and Commodities Authority (SCA) notes that the account holder (@Kindxes) on Twitter does not havee any license as a financial advisor or financial analyst, and therefore (SCA) warns investors not to deal with him in relation to activities related to capital markets, which are regulated by the Authority. And (SCA) is not responsible for any dealings with the said person in this capacity.
7-Feb-21
The website
(www.gulftrader.ae) and
(www.gulftrader.com)
Unidentified
The SCA notes that the company "Gulf Trader", and the websites linked to it, (www.gulftrader.ae) and (www.gulftrader.com) does not have any license from The SCA. Therefore, the SCA warns investors from engaging in any business activity with the aforementioned company subject to the organization and supervision of the SCA without obtaining the necessary regulatory approvals.
24-Jan-21
The website
https://www.fxnewstoday.ae/stocks/news
Unidentified
SCA notify that the mentioned website, is unlicensed from SCA for conducting consultations and financial analysis. SCA is not responsible for publishing the website for any financial analysis or consultancy related to the UAE capital markets.
-
Twitter account
(@jed197111)
Unidentified
SCA notify the mentioned account name is not a consultant nor financial analysis licensed by SCA. Therefore, SCA is not responsible of any source of interaction with the cited account name.
-
BMFN Corporate Services Provider
Dubai
The securities and commodities authority (SCA) advices the investors that the mentioned company does not have any license from SCA to carry out any activities regulated by SCA and therefore SCA is not responsible for any dealings with the said company in this capacity
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BMFN Global Markets delivered locally
Unidentified
The securities and commodities authority (SCA) notifies the investors that the mentioned company does not have any license from SCA to carry out any activities regulated by SCA and therefore SCA is not responsible for any dealings with the said company.
-
The website
(http://noorcapitalarabic.com/)
Unidentified
The mentioned website has impersonated a company that is licensed from SCA, and therefore SCA warns the public investors not to deal with the mentioned website in any services or activities subject to the supervision of SCA.
22-Feb-21
A party impersonating a company / United Investment Partners
Unidentified
SCA notes the public investors that one of the parties has impersonated the Allied investment partners by forging some documents using the logo of the mentioned company and in addition to using logos of some government entities, and calls before dealing with it in relation to any of the activities subject to regulation, supervision and control of SCA in this regard the need to verify whether or not the companies they are dealing with have obtained a license or not.
-
Twitter Account(@mahmansour)
Unidentified
Publishing tweets containing financial consultancy and financial analysis for companies listed in the market without obtaining a license from the SCA.
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STANSFIELD MANAGEMENT INVESTMENT FUNDS Dubai The securities and commodities authority (SCA) advises the investors that the aforementioned companydoes not have any license from SCA to carry out any activities Subject to the organization and supervision of SCA. therefore SCA is not responsible for anytransactions with the aforementioned company in this regard. -
One financial markets Dubai The securities and commodities authority (SCA) advises the investors that the aforementioned companydoes not have any license from SCA to carry out any activities Subject to the organization and supervision of SCA. therefore SCA is not responsible for anytransactions with the aforementioned company in this regard. -
Q8 TRADE platform (www.Q8LP.COM) Unidentified The securities and commodities authority (SCA) advices the investors that the mentioned platform does not have any license from SCA to carry out any activities Subject to the organization and licensing of the SCA. and therefore the Authority is not responsible for any dealings with the mentioned platform in this regard. -
Trade time platform (www.tradetime.com) Unidentified The securities and commodities authority (SCA) advices the investors that the mentioned platform does not have any license from SCA to carry out any activities Subject to the organization and licensing of the SCA. and therefore the Authority is not responsible for any dealings with the mentioned platform in this regard -
An unidentified party impersonating Al-Waha Investment Company Unidentified SCA notes the public of investors that an unidentified party has impersonated the Al-Waha Investment Company by forging some documents using logos of some government agencies, and calls before dealing with it in relation to any of the activities subject to regulation, supervision and control of SCA in this regard the need to verify whether or not the companies they are dealing with have obtained a license or not. -
EURO PRIME Unidentified

The SCA notes that EURO PRIME does not have any license from it, and therefore the SCA warns investors not to participate in any business activity subject to the supervision of the SCA without obtaining the necessary regulatory approvals.

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KARVY Middle East Unidentified SCA notes that Carvey Middle East does not have any license from it, and therefore SCA warns the investors to not cooperate or do any business with the aforementioned company in any activity subject to the organization and supervision of SCA without obtaining the necessary regulatory approvals. -
Unspecified (to be determined in light of the investigations to be conducted by the Public Prosecution) Unidentified SCA warns the public investors that a company impersonated Shuaa Capital PJSC by forging certain documents using the logos of some government agencies, therefore SCA emphasizes in this regard to the need to verify the existence of SCA’s license before dealing with any of the activities subject to the supervision and control of SCA. -
The Website https://sicoksa.com Unidentified The mentioned website has impersonated a company that is licensed from SCA, and therefore SCA warns the public investors not to deal with the mentioned website in any services or activities subject to the supervision of SCA. -
The website that works through the following link: (https://www.khalejinvest.com
Unidentified The website that works through the following link: (https://www.khalejinvest.com)،Undefined The aforementioned website impersonated the Gulf Islamic Investment Company contrary to the truth, therefore The Securities and Commodities Authority warns investors against dealing with aforementioned website in any services or activities subject to SCA control.
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Twitter Account @)abosayf007( Unidentified The Authority notes that the account holder on (@abosayf007) the social media platform Twitter does not have any license from the Authority to engage in the activity of financial advisory and financial analysis and warns investors against dealing with the account holder regarding activities related to capital markets that are subject to the supervision and control of the Authority. The Authority is not responsible for any dealings with the previously mentioned. -

Twitter Account
(@soldierborse)

Unidentified SCA notices that the owner of the Twitter account mentioned is not authorized or licensed by SCA to provide services of financial activities regulated by the SCA; namely financial consultations and financial analysis, and therefore SCA is not responsible for any dealings with the mentioned person in this capacity. -
Ettihad Capital Private Investment Corporation Unidentified The authority notes the existence of a company called (ETTIHAD CAPITAL) or (Ettihad Capital Private Investment Corporation) or the (Investment House ETTIHAD CAPITAL) which is impersonating the name and characteristic of a another company licensed by SCA, which is "ETIHAD CAPITAL", whereas the above mentioned company (ETTIHAD CAPITAL) is not licensed by SCA to engage in any activity, by all means SCA notifies the investors from dealing with this company. -
Twitter account:@alnaeme7 Unidentified SCA notify that the mentioned account name is not a consultant nor a financial analysis licensed by SCA. Therefore, SCA is not responsible of any source of interaction with the cited account name. -
Dirham Forumwww.drahim.com Unidentified The Authority notes that the website (Dirham Forum) and all its members do not have any license from the Authority to engage in financial advisory and financial analysis and warns investors not to deal with it in relation to activities related to capital markets that are subject to the supervision and supervision of the Authority. The Authority is not responsible for any dealings with the said website or any of its members as such. -

Sanea alsouq- Twitter Account(@ AlsouqSanea )


Unidentified The Authority notes that the account holder (@OsamaKh83) on the social media platform Twitter does not have any license from the Authority to engage in the activity of financial advisory and financial analysis and warns investors against dealing with the account holder regarding activities related to capital markets that are subject to the supervision and supervision of the Authority. The Authority is not responsible for any dealings with the previously mentioned. -
GITC Investments and trading Canada Inc. and GITC, GITC Inc. and Amal Tawfiq Asfour (collectively “GITC”). Unidentified Pursuant to the provisions of the IOSCO MMOU to support the multilateral efforts aimed at safeguarding the interests of investors in financial markets and maintaining their rights by fostering international cooperation in enforcement and supervision to ensure sound markets and limit unsound practices, the Securities and Commodities Authority would like to direct the attention of all investors in a company carrying on business as GITC Investments and Trading Canada Inc. and GITC, GITC Inc., and Amal Tawfiq Asfour (collectively, “GITC”), to the notice issued by the OSC (Ontario Securities Commission) regarding this company. Click the links below to view the notice:


Receiver appointed by Ontario Superior Court of Justice: Distribution of proceeds recovered by the OSC to GITC investors

Public Notice to Investors

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EGM Futures Unidentified SCA notes that “EGM Futures” Has not obtained any license from the Authority to date regarding the exercise of trading activity in foreign markets -
Green Points Unidentified SCA notes that "Green Points "is not licensed by SCA to practice any activity under SCA’s supervision; According to that, SCA would not be responsible for any interaction with the company that is related to activities licensed by SCA. -
Masdar Investment Unidentified SCA Notes that " masdar investment" is not licensed by SCA to practice any activity under SCA’s supervision; According to that, SCA would not be responsible for any interaction with the company that is related to activities licensed by SCA. Note that “"مصدر للاستثمار" is not the one mentioned as"مصدر للاستثمار" The institution is already in the United Arab Emirates and is licensed by the Central Bank of the UAE. -
Limit Markets Unidentified SCA notes that "Limit Markets "is not licensed by SCA to practice any activity under SCA’s supervision; According to that, SCA would not be responsible for any interaction with the company that is related to activities licensed by SCA. -
SWISS PRIME FINANCIAL BROKERAGE Unidentified SCA notes that “SWISS PRIME FINANCIAL BROKERAGE” is not licensed by SCA to practice any activity under SCA’s supervision; According to that, SCA would not be responsible for any interaction with the company that is related to activities licensed by SCA. -
Twitter account name: BayaN‏ @bayan_nabeel Unidentified The Securities and Commodities Authority (SCA) notes that the account holder ) @bayan_nabeel) on Twitter does not have any license as a financial advisor or financial analyst, and therefore (SCA( warns investors not to deal with him in relation to activities related to capital markets, which are regulated by the Authority, and (SCA) is not responsible for any dealings with the said person in this capacity. -
Motharb Hawui ​ Twitter account name: @OsamaKh83 Unidentified The Securities and Commodities Authority (SCA) notes that the account holder (@OsamaKh83) on Twitter does not have any license as a financial advisor or financial analyst, and therefore (SCA) warns investors not to deal with him in relation to activities related to capital markets, which are regulated by the Authority, and (SCA) is not responsible for any dealings with the said person in this capacity. -
​Mohanned said Arekat- Twitter Account(@M_AREKAT) Unidentified The Securities and Commodities Authority (SCA) notes that the account holder (@M_Arekat) on Twitter does not have any license as a financial advisor or financial analyst, and therefore (SCA) warns investors not to deal with him in relation to activities related to capital markets, which are regulated by the Authority, and (SCA) is not responsible for any dealings with the said person in this capacity. -
Twitter Account (@bumansour2010) Unidentified The owner of the Twitter account provided certain services associated with the financial activities regulated by the SCA; namely financial consultations and financial analysis, without obtaining a license from SCA, and therefore SCA is not responsible for any dealings with the said person in this capacity -
Eagle Square .T. Services LLC Unidentified The securities and commodities authority (SCA) advises the investors that the mentioned company does not have any license from SCA to carry out any activities regulated by SCA. and therefore SCA is not responsible for any dealings with the said company in this capacity -
CryptoBulls Unidentified The securities and commodities authority (SCA) advices the investors that the mentioned company does not have any license from SCA to carry out any activities regulated by SCA. and therefore SCA is not responsible for any dealings with the said company in this capacity -
​SICO Bank Unidentified ​SCA notes to the investors that SICO Bank is not licensed by SCA to exercise consultancy and financial analysis and is not responsible for any transactions carried out with the bank regarding the capital and commodity market. -
​COMPASS INSURANCE BROKERS LLC
Unidentified -
​Unidentified ​Unidentified ​The Securities and Commodities Authority (SCA) urges participants in UAE-based capital markets to beware of false rumors and misleading information posted or circulated on social media platforms about conditions in licensed markets or the stocks listed there. These rumors are intended to erode investor trust and undermine market stability. SCA, for its part, spares nothing in its efforts to counter such rumors by using all legal means provided under Federal Law No. (4) of 2000 relating to the Securities and Commodities Authority and Market and the decisions issued thereunder. -
​DIAMOND FOREIGN MARKETS COMMODITY CONTRACTS BROKERAGE L.L.C ​Unidentified ​The securities and commodities authority (SCA) advices the investors that the mentioned company does not have any license from SCA to carry out any activities Subject to the organization and licensing of the SCA. and therefore the Authority is not responsible for any dealings with the said company in this capacity. -
​Unidentified ​Unidentified ​Due to the complaints made by some investors to the Dubai Financial Market that an entity is using its name, details and logo along with Al Ansari Financial Services, Securities and Commodities Authority urge investors to make sure that whatever entity they are dealing with to trade securities or commodities or receiving services is licensed by the Securities and Commodities Authority -
Neto Trade Company
Through the website
www.netotrade.ae/
Unidentified The Authority asserts that the said company is not licensed by the Authority to carry out any of the financial activities under its control. Therefore, it calls on investors in the State to be cautious about dealing with the said company on any of the services related to the activities subject to the Authority's supervision. -
Unidentified Unidentified Promotion of or dealing in financial products associated with digital tokens. -
Unidentified Unidentified Provision of financial analysis services for a public joint stock company during subscription period in its shares without a relevant license, authorization or approval from the SCA. -
Unidentified Unidentified Warning from the SCA against initial coin offerings (ICO). -
​Al-Najm Al Wathek- Twitter Account(@Safwat87696019) Unidentified The owner of the Twitter account provided certain services associated with the financial activities regulated by the SCA; namely financial consultations and financial analysis, without obtaining a license from the SCA. -
​Asian Gold&Commodities Exchange(www.agcx.com) The website contains a reference to an address for an office providing services relevant to the activity of the website domiciled in the Emirate of Ajman, UAE. Creating an electronic forum (market) through the website www.agcx.com to trade in gold and commodities without a license from the SCA. -
Financial.org www.financial.org “It appeared that www.financial.org has announced the provision of services which originally falls under the supervision of the Securities and Commodities Authority, without having obtained an approval, a license, or a permission to do so. As such, we urge investors not to use this website or any of the services announced, whether relating to securities and commodities trading or to investment portfolios”. -
​CMS Financial L.L.C ​Dubai ​CMS Financial is licensed company by Securities and commodities Authority to engage in brokerage activities in the trading of commodities in the Dubai Gold and Commodities Exchange DGCX. The company is not licensed to carry out any financial activities or provide any other financial services. SCA advices the public in this regard if they wish to Deal with the mentioned company, it has to be dealt within the limits and the purposes of the activity authorized by SCA. -
Islamic European Investment Bank ​Unidentified ​The Bank is not licensed by SCA, therefore SCA is not responsible for any dealings as the activities is not under SCA control.
SCA also notes that its intention is to warn about the Islamic European Investment Bank (Rasmala), and not the Rasmala Investment Bank Ltd.
-
The old account name:
Ahmed DFM
Twitter account
AhmedDFMwinner @
The new account name:
Ahmed stocks
Twitter account
AhmedMwinner
​Unidentified ​The Securities and Commodities Authority (SCA) calls upon the account holder not to be accredited by the Authority as a financial advisor or financial analyst, and therefore the Authority is not responsible for any dealings with the said person in this capacity. -
​The website (www.sgmorgan.com) The website contains a reference for an office of the company located in the Emirate of Dubai. The contents of the website www.sgmorgan.com indicate that it has provided services related to capital market transactions and financial brokerage services. The securities and commodities authority (SCA) advices the investors that the above mentioned website does not have any license from SCA to carry out any activities Subject to the organization and licensing of the SCA. It also advices not to deal with the mentioned website in respect of any services related to the financial activities subject to the regulations of SCA. -

IOSCO alerts and warnings

“IOSCO receives alerts and warnings from its members about firms which are not authorized to provide investment services in the jurisdiction which issued the alert or warning. Some of the alerts or warnings are about unauthorized firms using names similar to those of authorized firms or about unauthorized firms falsely claiming to be associated with authorized firms. The alerts and warnings included in the link is provided by IOSCO members on a voluntary basis. The contents of the alerts and warnings are the responsibility of the IOSCO member which issues them. This is not a complete list of all alerts and warnings from all IOSCO members. The date next to the name of the IOSCO member is the date when the alert or warning was posted on this list. By clicking on the date you will be directed to the text of the alert or warning on the IOSCO member's web page. You should look at the IOSCO member's web page to get all the relevant information.”

Based on the SCA ’s oversight and supervisory role on the licensed financial markets in the UAE in a way that serves the interest of the national economy and ensures the safety of transactions and the protection of investors, SCA calls on investors not to deal with Amka Capital through the website ( https://amkacapital.com/#/expertise/%23expertise ) Regarding any activities subject to the SCA’s oversight because the aforementioned company has not obtained the necessary license to practice those activities, and the SCA disclaims any responsibility for any dealings with the aforementioned company in this regard.
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