FNG Exclusive… FNG has learned that Dubai based Retail FX and CFDs broker Kama Capital has received a “full” Category One broker license, from the UAE financial regulator Securities and Commodities Authority (SCA).
Kama Capital, founded in 2022, was operating until now under an SCA Category Five “Arranging and Advising” license, with authorisation to act as a promoter and introducer of financial products and foreign securities. The new, upgraded license will allow Kama Capital to directly offer a broader range of trading instruments to its client base in the region.
About Kama Capital
Dubai based Kama Capital is a UAE licensed broker, also operating licensed entities in Mauritius and St Vincent & The Grenadines. The company is run by CEO Khaldoun Hilal, an executive with over 14 years of experience in the financial sector. Kama recently named Razan Assaf to the position of Deputy Chief Executive Officer (DCEO), Mohammed Omayer as Head of Compliance, and added FX industry marketing veteran Elena Kupriianova as CMO.