MENA Capital at a glance
MENA Capital Financial Markets L.L.C. is a UAE-based financial-services company focused on market awareness, trading education and introducing clients to global financial markets. The company is licensed by the UAE Capital Market Authority (CMA) under licences 20200000457 and 20200000371. Its current website states that the UAE company acts as an authorised introducing and promoting firm, connects clients with licensed financial counterparties, and does not itself execute trades or hold or manage client funds or assets. Its UAE website promotes access to forex, metals, indices, commodities and global equities through MetaTrader 5 and regulated partner entities.
MENA Capital reports a founding year of 2025 and a head office in Dubai, United Arab Emirates. It lists 2 regulators and 1 trading platform.
BrokerBazaar verdict
MENA Capital should be treated differently from a conventional UAE execution broker. The UAE entity, MENA Capital Financial Markets L.L.C., is CMA-regulated and discloses two UAE licences, but its current website also expressly states that it does not execute trades or hold/manage client funds and instead introduces clients to regulated counterparties. The actual trading conditions advertised on the website are therefore partner-facilitated and should not automatically be interpreted as services executed by the UAE entity itself.
Legal entities, regulation and licences
MENA Capital operates through 2 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 no regulator we could map to a public register.
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
MENA Capital states that it accepts clients from United Arab Emirates, Mauritius, MENA Region. 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: Forex, CFDs, Metals, Indices, Commodities, Global Equities. Platforms: MetaTrader 5 (MT5). Account types: Standard, Ultra, Professional, Elite.
Best-for tags assigned by our team: Forex Traders, CFD Traders, Commodity Traders, Global Market Traders, MENA Traders, Retail Traders, Professional Traders.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is Standard: $50-$1,000. Spreads start from Standard: From 1.0 pips and commission is Standard: No commission. Maximum leverage is Standard: Up to 1:400, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). 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: NOT VERIFIED. Withdrawal methods: NOT VERIFIED.
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. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
Formal complaints: support@menacapital.ae. Phone: +971 4 320 0801. Clients should submit complaints to MENA Capital through its complaint/customer-service channels. The Compliance Officer is required to acknowledge the complaint and confirm that an investigation is underway within 5 business days. The company aims to provide a full review within 10 working days. If a complaint cannot be resolved within 15 working days, the client must be informed of the reason for the delay. The complaint is to be resolved within 20 working days, although more complicated cases may take up to 8 weeks. The complaint procedure also explains the client's right to escalate the matter to the UAE Capital Market Authority (CMA-UAE) if the response is unsatisfactory.
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: PROS
- Strength: - UAE CMA-regulated entity
- Strength: - Current UAE licences 20200000457 and 20200000371 disclosed
- Strength: - Dubai physical office
- Strength: - MetaTrader 5
- Strength: - Forex, CFD, metals, indices and commodities exposure
- Strength: - Four account structures
- Strength: - Low stated minimum entry for Standard account
- Strength: - Leverage up to 1:400 on Standard account
- Strength: - Dedicated support
- Strength: - Professional and Elite account options
- Strength: - Published customer complaint procedure
- Strength: - Published risk disclosures
- Strength: - Mauritius FSC-regulated partner identified
- Strength: - Educational and market-analysis resources
- Limitation: - UAE entity states that it does not execute trades
- Limitation: - UAE entity states that it does not hold or manage client funds
- Limitation: - Trading access is facilitated through regulated partner entities
- Limitation: - Significant inconsistency between the website's general regulatory disclosure and its Markets/legal wording regarding the scope of UAE licence 20200000457
- Limitation: - Mauritius licence information is inconsistent across current MENA Capital pages
- Limitation: - Mauritius regulatory framework is offshore
- Limitation: - Minimum deposits, spreads and leverage are partner-facilitated conditions rather than clearly attributable solely to the UAE legal entity
- Limitation: - Very short operating history
- Limitation: - Limited independent customer-review history
- Limitation: - High leverage creates substantial trading risk
- Limitation: - Current public documentation uses both Financial Markets and Financial Services names for the UAE company
Who this broker suits, and who it does not
MENA Capital is most relevant to traders looking for: Forex Traders, CFD Traders, Commodity Traders, Global Market Traders, MENA Traders, Retail Traders, Professional Traders.
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.
MENA 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 MENA Capital yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about MENA 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: FastBull / BrokersView — MENA Capital 3.5/5; WikiFX 6.27/10; Trustpilot N/A/5; Google Play Store N/A/N/A; Apple App Store N/A/N/A.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with MENA Capital. How we make money. Trading leveraged products carries a high risk of loss.