Which licences are relevant for a prop firm in Dubai?

How licensing usually works:

• Free zone or DED licence: for the company's business activities.
• Activity choice: must reflect what the company does. Mislabelling can cause banking problems later.
• Financial authorisation: required only if you carry on regulated financial activities, such as dealing or managing assets.

Questions to ask your setup adviser:

• Which activities fit an evaluation business?
• Which banks accept companies with that licence?
• What changes if you later copy traders into real markets?

This is general information, not legal advice.

A common mistake

Choosing an activity that sounds close enough to save time can cause problems when a bank or payment provider compares the licence with what the website sells. Match them carefully from the start.

Renewals

Licences renew annually, so include renewal costs in your budget.

Changing activities later

Adding or changing licensed activities is usually possible but takes time and fees, so choose activities that cover your plans for the next year or two.