Shuaa Capital

Shuaa Capital Review: Regulation, Fees and Broker Analysis

Unclaimed profile

SHUAA Capital is an established UAE financial-services group with regulated operations across the UAE and Saudi Arabia and a broad institutional offering spanning asset manageme…

Best forUAE MarketsSaudi MarketsInstitutional TradingNot ideal forMetaTrader users

External website · BrokerBazaar does not receive a trading commission from this link.

78

/ 100

BrokerBazaar Score

Good

Evidence-based, 0–100

Data confidence 78%

Not Verified

Min Deposit

Not Applicable

Spreads From (indicative)

Not Disclosed

Max Retail Leverage

Commission-based

Commission

Group-level figures · Full cost schedule

Researched by
BB Team
Reviewed by
BB Team
Last verified
15 Oct 2026
Next review due
13 Jan 2027

How we tested this broker·Meet the review team

Section 01

About

About Shuaa Capital

Company Provided

Established UAE asset manager and brokerage offering regional securities trading, investment banking and fund management.

Since 1979 Dubai, UAE 3 regulators listed

Expert Verdict

SHUAA Capital is an established UAE financial-services group with regulated operations across the UAE and Saudi Arabia and a broad institutional offering spanning asset management, investment banking, securities services and capital markets. It is better suited to institutional, corporate and high-net-worth investors than traders seeking a conventional retail forex or CFD platform.

Pros

  • DFM-listed financial services group
  • Established institutional track record since 1979
  • SCA-regulated UAE financial investment company
  • Multi-jurisdictional presence including UAE and Saudi Arabia
  • Asset management and investment banking capabilities
  • Equity, fixed income and securities services
  • Current digital trading access through SHUAA App

Cons

  • Primarily focused on institutional, corporate and high-net-worth clients
  • Not a conventional retail forex/CFD broker
  • Trading and investment services vary by legal entity and jurisdiction
  • Fees and commissions are not fully disclosed publicly across all services
  • Recent business restructuring and platform rebuilding
  • Investment products carry market and investment risk

BrokerBazaar Overview

Independent

SHUAA Capital is a long-established regional financial-services group founded in 1979 and listed on the Dubai Financial Market. Its core businesses span asset management and investment banking, with activities covering public and private markets, real estate, debt, advisory, securities services and sales and trading. The group has also relaunched its equity-trading business and expanded its digital trading capability through the SHUAA application, which provides access to securities listed on the DFM and ADX.

From a regulatory perspective, SHUAA's UAE parent is regulated as a financial investment company by the UAE Securities and Commodities Authority, while separate group entities operate under the ADGM FSRA and Saudi CMA. This distinction is important because permissions differ between legal entities and jurisdictions. Investors should therefore verify the contracting entity, applicable licence and permitted products before opening an account. SHUAA has also been undergoing a strategic turnaround and rebuilding phase, making its recent financial performance and execution of its growth strategy important factors when assessing the group.

Key Features

Regulated Broker
Shuaa Capital

Shuaa Capital

Regulated Broker

Min DepositNot Verified
Max Retail LeverageNot Disclosed
Spreads (indicative)Not Applicable

External website · BrokerBazaar does not receive a trading commission from this link.

1

Platforms

1979

Est. Since

3

Account Types

2+

Countries

Regulated By

SCA
FSRA
CMA

Licence check: Not independently checked

Live Spreads

Not available

No live spread data from a named account is available for this broker. Figures are published only with the account type and capture time.

Independent report by BrokerBazaar Research TeamHow we rate brokers

Shuaa Capital broker analysis: regulation, fees, withdrawals and risks

Independent broker profile covering verified entities, regulation, costs, platforms, withdrawals, risks and user feedback. BrokerBazaar is not Shuaa Capital and does not operate any brokerage.

Profile ownership

Not claimed by broker

No representative of Shuaa Capital manages this page. This says nothing about its licence, and the score and regulation data are the same whether or not a profile is claimed.

Information source

Submitted by broker or compiled from public pages

Details have been recorded but not yet independently checked by BrokerBazaar.

Licence check

Not independently checked

Confirm the licence on the regulator's public register before opening an account.

Editorial review

Reviewed 9 Nov 2026

Date the BrokerBazaar research team last regenerated this analysis from the stored record.

Legal entity

Shuaa Capital PSC

Founded

1979

Headquarters

Dubai, UAE

Regulators

SCA, FSRA, CMA

Minimum deposit

Not Verified

Spreads from

Not Applicable

Commission

Commission-based

Max leverage

Not Disclosed

Platforms

Shuaa Online

Account types

Individual, Corporate, Institutional

Shuaa Capital regulation and licence table

Each row is one legal entity. Verify the licence on the official register; a company registration is not a brokerage licence.

EntityRegulatorLicenceAuthorised activityRegionLicence check
SHUAA Capital p.s.c.UAE Securities and Commodities Authority (SCA)703036Official register Financial Investment CompanyUnited Arab EmiratesNot independently checked
SHUAA Capital Saudi Arabia cjscCapital Market Authority (CMA)

Capital Market Authority (UAE)

Moderate oversight
07056-37Official register Capital Market InstitutionSaudi ArabiaNot independently checked
SHUAA GMC LimitedFinancial Services Regulatory Authority (FSRA), ADGM180006Official register Financial Services PermissionUnited Arab Emirates - Abu Dhabi Global MarketNot independently checked

Shuaa Capital at a glance

Established UAE asset manager and brokerage offering regional securities trading, investment banking and fund management.

Shuaa Capital reports a founding year of 1979 and a head office in Dubai, UAE. It lists 3 regulators and 1 trading platform.

BrokerBazaar verdict

SHUAA Capital is an established UAE financial-services group with regulated operations across the UAE and Saudi Arabia and a broad institutional offering spanning asset management, investment banking, securities services and capital markets. It is better suited to institutional, corporate and high-net-worth investors than traders seeking a conventional retail forex or CFD platform.

Legal entities, regulation and licences

Shuaa Capital operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by moderate-tier regulators only.

Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.

Countries accepted and restricted

Shuaa Capital states that it accepts clients from UAE, GCC. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.

Trading products, platforms and account types

Instruments: Equities, Fixed Income, Bonds, Sukuk, Funds, Credit Products, Currencies, Commodities. Platforms: Shuaa Online. Account types: Individual, Corporate, Institutional.

Best-for tags assigned by our team: UAE Markets, Saudi Markets, Institutional Trading, Equity Trading, Fixed Income, Investment Banking, Asset Management, High-Net-Worth Investors.

Minimum deposit, spreads, commissions and other charges

The minimum deposit is Not Verified. Spreads start from Not Applicable and commission is Commission-based. Maximum leverage is Not Disclosed, subject to the cap of the entity that holds your account.

Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.

Deposits and withdrawals

Deposit methods: Bank Transfer. Withdrawal methods: Bank Transfer.

Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.

Execution model, negative balance protection and client money

Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.

Client-money rules follow the regulator of the entity that holds your account: CMA: Segregation of client funds required. Compensation: No central compensation scheme.

Complaints and dispute process

Formal complaints: ir@shuaa.com. Phone: +971 4 319 9692. SHUAA invites complaints, suggestions and feedback by email. The company states that all complaints and suggestions are reviewed, assessed and addressed, with a detailed response expected within 5-7 working days.

If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.

Strengths and limitations

  • Strength: DFM-listed financial services group
  • Strength: Established institutional track record since 1979
  • Strength: SCA-regulated UAE financial investment company
  • Strength: Multi-jurisdictional presence including UAE and Saudi Arabia
  • Strength: Asset management and investment banking capabilities
  • Strength: Equity, fixed income and securities services
  • Strength: Current digital trading access through SHUAA App
  • Limitation: Primarily focused on institutional, corporate and high-net-worth clients
  • Limitation: Not a conventional retail forex/CFD broker
  • Limitation: Trading and investment services vary by legal entity and jurisdiction
  • Limitation: Fees and commissions are not fully disclosed publicly across all services
  • Limitation: Recent business restructuring and platform rebuilding
  • Limitation: Investment products carry market and investment risk

Who this broker suits, and who it does not

Shuaa Capital is most relevant to traders looking for: UAE Markets, Saudi Markets, Institutional Trading, Equity Trading, Fixed Income, Investment Banking, Asset Management, High-Net-Worth Investors.

It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.

Shuaa Capital change history

Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.

No fact changes recorded for Shuaa Capital yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.

Frequently asked questions about Shuaa Capital

Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: WikiFX 2.15/10; Trustpilot N/A/5; Google Play Store N/A/5; Apple App Store N/A/5.

Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Shuaa Capital. How we make money. Trading leveraged products carries a high risk of loss.

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