Wikilix
Licence record

SCA licence 20200000244

Holder
Cara Markets
Jurisdiction
United Arab Emirates
Licence type
Retail Forex 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 20200000244

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

Issuing authority
Securities and Commodities Authority
Holder
Cara Markets Limited
Jurisdiction
United Arab Emirates
Licence type
Retail Forex License

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

wikilix.com/licenses/securities-and-commodities-authority0/cara-markets/20200000244Fields on file 2 / 11

Open Cara MarketsAbout 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
20200000244
Licence type (Wikilix classification)
Retail Forex 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 Cara Markets applies it.
The holder

Who holds this licence

The licence above is recorded against Cara Markets. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Cara Markets Limited
Based in
United Arab Emirates
Wikilix score
32.8the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • Cara Markets LimitedSaint Lucia · Reg. 2024-00077 · Feb 1, 2024
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.
Frequently Asked Questions

Questions about this licence

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

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.
Licence 20200000244 was issued by Securities and Commodities Authority (SCA), the financial authority for United Arab Emirates.
Cara Markets 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.
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