SCAUnited Arab EmiratesTier 2Licence number
20200000150
View licence record- Licence holder
- Held by naqdi
- Licence type and regime
- Investment Advisory License
Not checkedUpdated
At a glance
Regulation on record for naqdi
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
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
naqdi has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — 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.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for naqdi, strongest authority first.
2 records
- SCAUnited Arab EmiratesTier 2
FSCASouth AfricaTier 2Licence number
51598
View licence record- Licence holder
- Held by naqdi
- Licence type and regime
- Retail Forex License
- Offshore
Not checkedUpdated
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 naqdi
Answered from the register entries on this page.
Most Popular Questions
Naqdi provides trading access to a variety of regulated financial instruments including Forex, Bonds, Stocks, Funds, Derivatives, and CFDs. This range allows traders to diversify their portfolios across multiple asset classes.
Naqdi offers a maximum leverage of up to 500. This leverage level applies to their trading accounts, allowing traders to control larger positions relative to their capital.
Yes — Naqdi requires KYC verification (via a KYC form) as part of the account opening process.
Naqdi supports deposits and withdrawals via Credit/Debit Cards, Bank Transfers, E-Wallets, Cryptocurrency, and Wire Transfers. Deposit processing is generally instant for cards, e-wallets, and crypto, while withdrawals can take 1 to 10 business days depending on the method. Fees vary, with some deposit and withdrawal fees around 2.5% for certain methods.
Naqdi offers the MetaTrader 5 platform, which is a multi-asset trading platform supporting Forex, stocks, and futures. It provides advanced analytics, faster execution, and algorithmic trading tools. The platform is available on desktop and supports multiple operating systems.
Naqdi Group (PTY) LTD is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Securities and Commodities Authority (SCA) in the UAE. It holds a Retail Forex License and an Investment Advisory License, providing a high level of transparency and client fund insurance up to ZAR 500,000 in South Africa. The broker operates under onshore regulations with complaint mechanisms in place.
naqdi has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
naqdi holds licence records issued by SCA, FSCA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by naqdi come from tier-1 or tier-2 authorities (0 tier-1, 2 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by naqdi 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.
naqdi has licence records in United Arab Emirates, South Africa. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.