FP Trading Opens Dubai Office: A New Chapter for the Broker in the UAE

FP Trading has marked the official opening of its Dubai office, describing the moment as "another important step forward" as the forex and CFD broker strengthens its presence in the United Arab Emirates. In a LinkedIn post shared on 29 September 2026, the company said the opening reflects its effort to build "a stronger, more connected team" in the region, adding: "This is just the beginning."

The opening caps a busy few months for the broker in the Gulf. In August 2026, FP Trading announced that its UAE entity, FP Trading Securities L.L.C, had been granted a Category 5 licence by the UAE Capital Market Authority (CMA), the regulator formerly known as the Securities and Commodities Authority (SCA). The new office, listed at Office 1703, ATX Tower, Al Barsha First, Dubai, is the physical home of that licensed presence.

The journey to Dubai

FP Trading is a relatively young brand. Its operating company, FP Trading LLC, was registered in St. Vincent and the Grenadines in 2019, and the group has since layered on approvals with the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Commission (FSC) in Mauritius, along with a registration in Saint Lucia. The broker offers Standard and Raw accounts on MetaTrader 4, MetaTrader 5 and cTrader, is a member of the Financial Commission dispute-resolution body and advertises USD 1 million in Lloyd's of London insurance cover.

The UAE was the natural next stop. Dubai has become one of the most sought-after hubs for CFD brokers targeting the Middle East, and the CMA has approved a wave of Category 5 licences over the past two years. According to reporting by Finance Magnates, FP Trading's UAE business is headed by Managing Director Narayan Joshi, who had already assembled a team of around ten staff by the time the licence was activated in August.

Speaking to Khaleej Times when the licence was announced, Joshi framed the move as a long-term bet: "Having this licence in place lets us work far more closely with our clients and partners in the UAE. It's a long-term commitment to the region, not a short-term move, and it fits into how we're building out our regulatory presence more broadly."

What the office and licence mean for UAE traders

For traders in the Emirates, a local office brings practical benefits: face-to-face support, faster turnaround for introducing brokers and affiliates, and a team working in Gulf hours. FP Trading has said the onshore presence should mean "quicker turnaround times and closer, more localised support" for its partner network.

It is important, however, to understand exactly what a Category 5 licence permits. The CMA's Fifth Category covers "Arrangement and Advice", which in practice means marketing, promotion and introducing clients. It does not authorise the Dubai entity to execute trades or hold client money. FP Trading has been transparent on this point: trade execution and custody of client funds remain with its regulated entities outside the UAE, and UAE residents are onboarded through the group's St. Vincent and the Grenadines company.

Only a small number of brokers, among them Plus500, XTB, RoboMarkets and Deriv, have pursued the far more capital-intensive Category 1 route. For everyone else, including FP Trading, the Category 5 licence is a legitimate onshore footing for marketing, while the client relationship itself sits offshore.

What UAE traders should check before opening an account

• Confirm the contracting entity. Ask FP Trading in writing which legal entity will appear on your client agreement, receive your deposit and handle withdrawals. For UAE residents this is currently FP Trading LLC in St. Vincent and the Grenadines, not the Dubai company.
• Understand the protection on offer. The St. Vincent entity is not covered by a statutory compensation scheme. FP Trading's Financial Commission membership and insurance cover are the relevant safeguards, so read their terms.
• Verify the licence yourself. The CMA publishes a register of licensed companies. Cross-check licence number 20200000467 and its permitted activity rather than relying on marketing material.
• Compare costs on the account you will actually use. FP Trading publishes Raw spreads from 0.0 pips with USD 3 per side commission and Standard spreads from 1.0 pips with no commission, both from a USD 100 minimum deposit.

What to watch next

The Dubai opening signals intent, and the phrase "this is just the beginning" invites the obvious question: will FP Trading follow the handful of brokers that have upgraded to a Category 1 licence and begun onboarding UAE clients onshore? That step would require a materially larger capital commitment, but it would change the protection picture for local traders significantly.

Until then, the new office is best read for what it is: a growing local team, a regulated marketing presence and a clear statement that the UAE is central to FP Trading's regional strategy. BrokerBazaar will update the FP Trading profile as the broker publishes further details about its UAE operations.

Sources: FP Trading LinkedIn announcement (29 September 2026); FP Trading press release via GlobeNewswire (21 August 2026); Khaleej Times (24 August 2026); Finance Magnates (20 August 2026); fptrading.com terms and regulation pages. This article is editorial coverage, not a recommendation. Trading CFDs carries a high risk of loss.