SCAUnited Arab EmiratesTier 2Licence number
20200000244
View licence record- Licence holder
- Held by Cara Markets
- Licence type and regime
- Retail Forex License
Not checkedUpdated
At a glance
Regulation on record for Cara Markets
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
Cara Markets has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Cara Markets, strongest authority first.
1 record
- SCAUnited Arab EmiratesTier 2
Protection
What this licence protects
SCA's own rules for the firms it authorises.
- Compensation schemeDeposit Guarantee Scheme covers up to AED 100,000 per depositor
- Complaints routeSCA complaints
- Maximum leverage1:100
Frequently Asked Questions
Questions about the licences held by Cara Markets
Answered from the register entries on this page.
Most Popular Questions
Cara Markets offers customer support via live chat during business hours and email contact at info@kirafinancial.com. Support is available in English, and the broker maintains social media presence on platforms like Facebook, Twitter, LinkedIn, Instagram, and TikTok.
Cara Markets supports bank wire transfers, credit/debit cards (Visa, Mastercard), e-wallets, and cryptocurrency wallets for deposits and withdrawals. Processing times vary from instant for cards and e-wallets to 1-3 business days for bank wires. Withdrawals may take 1-7 business days depending on the method, with verification required for all.
The minimum deposit amount at Cara Markets is 100 USD. The broker offers a maximum leverage of up to 400, allowing traders to control larger positions relative to their capital.
Cara Markets offers the MetaTrader 5 platform, which is available on desktop, mobile, and web trader versions. MetaTrader 5 supports multi-asset trading including Forex, stocks, and futures, and provides advanced analytics and algorithmic trading tools.
Cara Markets Limited is regulated by the Securities and Commodities Authority (SCA) in the United Arab Emirates. It holds a Retail Forex License and participates in a Deposit Guarantee Scheme covering up to AED 100,000 per depositor. The broker operates under onshore regulation with medium transparency and a complaint mechanism via the SCA.
Cara Markets has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Cara Markets holds licence records issued by SCA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Cara Markets comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by Cara Markets has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Cara Markets has licence records in United Arab Emirates. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.