BrokersView has found that Amari Capital appears to be a scam Amari Capital’s website displays no information regarding regulatory licenses. While the platform claims to be based in Dubai, UAE, we have been unable to find any licensed entity related to it within the regulatory databases of either the Securities and Commodities Authority (SCA) or the Dubai Financial Services Authority (DFSA). This strongly indicates that its operations may be illegal. Therefore, Amari Capital appears to be a scam.

Amari Capital available in Europe? Dear Investor, Amari Capital is not a regulated financial platform, and engaging with it carries substantial risks. Upon reviewing Amari Capital’s website, we found no disclosure of any regulatory licenses or registration details. While the company states that it is based in Dubai, United Arab Emirates, our verification checks with both the Securities and Commodities Authority (SCA) of the UAE and the Dubai Financial Services Authority (DFSA) revealed no record of a licensed entity matching its name or operations. This lack of authorization with the relevant local regulators is a serious red flag. Given that Amari Capital appears to operate without proper authorization in its stated jurisdiction, its activities are likely illegal. Therefore, we strongly recommend you not open an account or conduct any transactions with Amari Capital. View Source

Is Amari Capital hedging allowed? What's their magin call? Dear Investor, We do not recommend trading with Amari Capital due to a lack of any regulatory credentials. Amari Capital has not provided any verifiable information in this regard, merely offering its registered address and registration number in Saint Lucia. Although we were able to locate Amari Capital Ltd. in the registry of Saint Lucia International Financial Centre(IFC), please note that this does not mean the company holds any valid financial licenses. The Saint Lucia IFC has publicly stated that it does not regulate forex or CFD derivative trading. Furthermore, Amari Capital has not provided any other information, strongly suggesting that it is likely operating without any regulatory authorization or oversight. Therefore, we strongly advise you to avoid engaging in any dealings with such an unregulated broker to protect your financial security. View Source