BrokersView has found that Blauwal Securities appears to be a scam According to its website, it fully retains the regulatory authority of the Dubai Gold & Commodities Exchange (DGCX) and Dubai Multi Commodities Centre (DMCC). Clearly, DGCX and DMCC do not have the authority to regulate forex. Furthermore, it provides no other regulatory documentation. Platforms with these characteristics are often unregulated or fraudulent, posing significant risks to investor funds. Therefore, Blauwal Securities appears to be a scam.

Is Blauwal Securities licensed in UAE? Dear Investor, According to its website, Blauwal Securities claims to be fully regulated by the Dubai Gold & Commodities Exchange (DGCX) and the Dubai Multi Commodities Centre (DMCC). However, neither DGCX nor DMCC is a financial regulator, they do not license or supervise forex brokers. Moreover, Blauwal Securities provides no other regulatory documentation. In the UAE, the only authorities that oversee forex trading are the Securities and Commodities Authority (SCA) and the Dubai Financial Services Authority (DFSA). Our checks confirm that neither regulator lists Blauwal Securities or any affiliated entity in their public registers. This means Blauwal Securities holds no valid license to offer forex trading services and operates without proper authorization. Platforms like this are often unregulated or fraudulent, posing serious risks to client funds. We therefore assess Blauwal Securities as likely a scam and strongly advise you to avoid any investment with this platform. View Source