SICO Financial Brokerage at a glance
SICO Invest L.L.C., formerly SICO Financial Brokerage L.L.C., is SICO’s wholly owned Abu Dhabi-based brokerage subsidiary. It provides retail and institutional clients with equities brokerage services and access to the Abu Dhabi Securities Exchange (ADX), Dubai Financial Market (DFM) and Nasdaq Dubai. The firm has operated in the UAE since 2012 and is licensed by the UAE Securities and Commodities Authority to trade securities on these markets.
SICO Financial Brokerage reports a founding year of 11 February 2002 and a head office in Abu Dhabi, United Arab Emirates. It lists 1 regulator and 2 trading platforms.
BrokerBazaar verdict
SICO Invest is an established UAE securities brokerage wholly owned by SICO BSC (c), with documented UAE brokerage operations since 2012 and current SCA regulatory authorisation. It provides access to ADX, DFM and Nasdaq Dubai and serves both retail and institutional investors. The firm's direct clearing membership and connection to SICO's established GCC research and brokerage franchise strengthen its institutional profile. The principal limitations are the lack of a clearly published current minimum deposit and retail commission schedule, together with limited public customer-review data. Investors using margin facilities should also distinguish the documented 1:1 margin-loan facility from the much higher leverage figures sometimes associated with unrelated forex/CFD brokers.
Legal entities, regulation and licences
SICO Financial Brokerage operates through 1 legal entity, 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
SICO Financial Brokerage states that it accepts clients from United Arab Emirates; GCC clients and other eligible international clients, subject to SICO Invest’s onboarding approval, KYC/AML checks and applicable laws. 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: UAE equities, ADX stocks, DFM stocks, Nasdaq Dubai securities, regional equities, global equities, ETFs, bonds, sukuk. Platforms: SICO LIVE Web, SICO LIVE Mobile. Account types: Individual brokerage, Corporate brokerage, Institutional brokerage, SICO LIVE trading account, Global markets account.
Best-for tags assigned by our team: UAE investors, ADX traders, DFM traders, Nasdaq Dubai investors, GCC investors, regional equities, institutional clients.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is NOT VERIFIED — no current official minimum deposit requirement found.. Spreads start from Not applicable — exchange-… and commission is NOT VERIFIED — no current offi…. Maximum leverage is 1:1, 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: Bank transfer — confirm beneficiary-account details, accepted currencies and funding conditions directly with SICO Invest before sending funds. Withdrawal methods: Bank transfer — confirm withdrawal processing times, documentation requirements and any charges directly with SICO Invest.
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: CMA: Segregation of client funds required. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: info@sicouae.com. Phone: +971 2 659 0100. Customers can raise enquiries and complaints with SICO Invest through its UAE brokerage contact channels by telephone or email. SICO's Code of Conduct includes procedures covering the management of customer complaints. No current UAE-specific complaint acknowledgement or resolution timeframe was independently verified.
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: UAE securities broker licensed by the Securities and Commodities Authority
- Strength: Access to ADX, DFM and Nasdaq Dubai
- Strength: Abu Dhabi-based local brokerage entity
- Strength: Part of the regional SICO financial-services group
- Strength: SICO LIVE web and mobile access to regional and global markets
- Strength: Serves both retail and institutional clients
- Strength: Published UAE office, telephone and brokerage contact details
- Limitation: No public UAE minimum deposit figure verified
- Limitation: No public universal maximum leverage figure verified
- Limitation: Current UAE brokerage commission tariff was not publicly verified
- Limitation: Product-level account terms and funding procedures require direct confirmation
- Limitation: No verified public third-party broker rating identified
- Limitation: Not positioned as a retail forex, crypto or CFD broker
Who this broker suits, and who it does not
SICO Financial Brokerage is most relevant to traders looking for: UAE investors, ADX traders, DFM traders, Nasdaq Dubai investors, GCC investors, regional equities, institutional clients.
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.
SICO Financial Brokerage 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 SICO Financial Brokerage yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about SICO Financial Brokerage
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: Google Reviews — SICO Invest LLC N/A/5; Glassdoor — SICO Financial Brokerage 3.8/5; DFM — SICO Invest / SICO Financial Brokerage 5/5; Trustburn — SICO 4.1/5; Google Play Store N/A/5; Apple App Store 3/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with SICO Financial Brokerage. How we make money. Trading leveraged products carries a high risk of loss.