Wikilix
Licence record

naqdi: SCA licence 20200000150

Issuing authority
Securities and Commodities Authority
Jurisdiction
United Arab Emirates
Licence type
Investment Advisory License

This is Wikilix's record of a licence issued by Securities and Commodities Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Jul 27, 2026

Licence Verification Record

Securities and Commodities Authority 20200000150

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
Naqdi Group (PTY) LTD
Issuing authority
Securities and Commodities Authority
Jurisdiction
United Arab Emirates
Licence type
Investment Advisory License

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/naqdi/licenses/securities-and-commodities-authority0/20200000150Fields on file 2 / 11

Open naqdiAll naqdi licencesAbout SCA
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
United Arab Emirates
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
20200000150
Licence type (Wikilix classification)
Investment Advisory License
The authority

About SCA

Securities and Commodities Authority is the authority that issued this licence, and the jurisdiction it applies in is United Arab Emirates.

Full name
Securities and Commodities Authority
Jurisdiction
United Arab Emirates
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2000
Firms we track under it
13 firms
Licences it issues
Brokerage licence incl. CFDs
Typical cost of a licence
Not specified
Public register
Searchable by the public
Transparency
Medium
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
This describes the authority's regime, not how naqdi applies it.
The holder

Who holds this licence

The licence above is recorded against naqdi. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
Naqdi Group (PTY) LTD
Based in
South Africa
Wikilix score
41.6the firm’s overall score, not a rating of this licence
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences naqdi holds

One other licence is on record for naqdi.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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.
Licence 20200000150 was issued by Securities and Commodities Authority (SCA), the financial authority for United Arab Emirates.
naqdi holds this SCA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the SCA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates SCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
naqdi has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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