Which My Maa Markets entity serves UAE residents
My Maa Markets states that it accepts UAE residents, but it has no entity licensed by the CMA (formerly SCA), DFSA or FSRA on record. UAE clients are onboarded by a foreign entity (Financial Services Commission (FSC) Mauritius, Registry of International Business Companies, Saint Lucia), which means UAE regulators have no jurisdiction over your account.
Status on BrokerBazaar UAE: Available to residents (foreign entity). "Available" is not the same as "regulated in the UAE": only a Capital Market Authority (CMA, formerly SCA), DFSA or FSRA licence gives you local supervision and a local complaints route.
Funding in AED and local payment methods
My Maa Markets has not stated AED account denomination or UAE local bank transfer on its BrokerBazaar submission. Deposit methods listed: Bank Transfer, Credit Card, Crypto, e-Wallets, Skrill, Neteller, PayPal, Online Banking. Expect USD-denominated accounts and a card or bank FX conversion fee unless the broker confirms AED wallets.
Withdrawal methods listed: Bank Transfer, Credit Card, Crypto, e-Wallets, Skrill, Neteller, PayPal, Online Banking. UAE banks may query incoming payments from offshore brokers; keep your deposit records.
Islamic (swap-free) account for UAE traders
My Maa Markets states that a swap-free account is available. Confirm which instruments are eligible and whether an administration charge replaces the overnight swap.
UAE-specific risk note
Because My Maa Markets has no UAE licence on record, the CMA cannot intervene in a dispute. None of the recorded regulators is strict-tier, so recourse is limited. The CMA periodically publishes warnings about unlicensed platforms marketing to UAE residents; check its list before depositing.
Leveraged CFD trading carries a high risk of loss. Nothing on this page is personal financial advice.
My Maa Markets at a glance
MY MAA Markets is a global multi-asset broker offering forex, metals, stocks, indices, commodities, and cryptocurrencies via MetaTrader 5. Regulated by the FSC of Mauritius and Saint Lucia, we serve 170,000+ clients worldwide with competitive trading conditions, advanced tech, and secure account management.
My Maa Markets reports a founding year of 01-11-2020 and a head office in Port Louis, Mauritius. It lists 2 regulators and 3 trading platforms.
BrokerBazaar verdict
MY MAA Markets has a currently documented FSC Mauritius Investment Dealer/Retail Forex licence, GB24203320. However, its primary verified financial regulation is Mauritius, while the Saint Lucia registration should not be treated as a second financial-services licence.
Legal entities, regulation and licences
My Maa Markets operates through 2 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
My Maa Markets states that it accepts clients from United Arab Emirates, Mauritius, South Africa, Nepal, Sri Lanka, Mexico, Indonesia, Saint Lucia. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Known restrictions flagged in our review: Not available in Europe and the UK for retail clients.
Trading products, platforms and account types
Instruments: Forex, Metals, Stocks, Indices, Commodities, Cryptocurrencies. Platforms: MT5, MT4, My Maa Application. Account types: Standard, Zero Spread, Fixed Spread, Cent Account, Islamic.
Best-for tags assigned by our team: MetaTrader, Scalpers, Day Traders, Advanced, Beginners, Low Minimum Deposit, Education, Copy Trading, Islamic Accounts, Swing Traders.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $50. Spreads start from 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:1000 (dynamic), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (yes). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit Card, Crypto, e-Wallets, Skrill, Neteller, PayPal, Online Banking. Withdrawal methods: Bank Transfer, Credit Card, Crypto, e-Wallets, Skrill, Neteller, PayPal, Online Banking.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: both.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
Formal complaints: compliance@maamarkets.com. Phone: +971 58 507 7101. Complaints are handled through the Compliance & Legal team. The current complaints policy requires complaints to be submitted in writing and states that complaints are acknowledged within 5 business days. A Complaints Coordinator conducts a fair and impartial investigation. A universal final-resolution timeframe was NOT VERIFIED.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Low minimum deposit
- Strength: MT5 Support
- Strength: Raw spreads from 0.0 pips
- Strength: Fast deposits and instant funding via cards, e-wallets
- Strength: Fixed spreads for cost predictability
- Strength: Ultra-fast execution under 40ms
- Strength: 24/7 Support
- Strength: Dedicated Account Manager
- Strength: FSC and St. Lucia regulated entities
- Limitation: No cTrader platform
- Limitation: Not available in Europe and the UK for retail clients
Who this broker suits, and who it does not
My Maa Markets is most relevant to traders looking for: MetaTrader, Scalpers, Day Traders, Advanced, Beginners, Low Minimum Deposit, Education, Copy Trading, Islamic Accounts, Swing Traders.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
My Maa Markets change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for My Maa Markets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about My Maa Markets
Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: Trustpilot 3.2/5; WikiFX 5.92/10; Google Play Store N/A/N/A; Apple App Store N/A/N/A.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with My Maa Markets. How we make money. Trading leveraged products carries a high risk of loss.