Menacorp Financial Services — United Arab Emirates
Key facts (8)
- Who actually onboards you
- Menacorp Financial Services LLC
- Licence number
- not stated
- Established
- 2005group
- Min deposit, USD
- not stated
- Platforms
- Menacorp trading platform / online brokerage portal
- Local funding
- UAE bank transfer to trading account (local AED
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the United Arab Emirates middle (40 of 76)
| Menacorp Financial Services | United Arab Emirates median | |
|---|---|---|
| Round turn, USD | not priced | 7.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | no data | 500.0geo |
| Withdrawal, h | no data | 36.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2005group | 2009.0 |
| Platforms | 1 | 3.0 |
Accepts residents of United Arab Emirates
Yes
Score (4/6 axes)
Shown, not ranked: no round-turn price
Licence check
Who actually onboards you
Menacorp Financial Services LLC
Entity not established
Menacorp Financial Services LLC, Abu Dhabi-headquartered UAE investment bank / brokerage
Cost against the United Arab Emirates median (40 of 76)
Distributions across the base
Round-turn cost, USD (40 of 76)
Median 7.0 · Range 3.0–14.0 USD
Minimum deposit, USD (18 of 76)
Median 50.0 · Range 0.0–10000.0 USD
Accounts
Brokerage/trading account for DFM & ADX securities; asset management and advisory accounts; serves institutional, corpor
Withdrawal time and methods
Rating, and how many people left it
184 Reviews • Great • 4/5
Software and market access (1)
Menacorp trading platform / online brokerage portal
DFM and ADX listed equities, plus bonds/sukuk and ETFs available on the local exchanges; investment banking, asset management and research services
The tax side in United Arab Emirates
0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026); individuals keep full trading profit. Corporate tax of 9% applies to business profits above AED 375,000 (since June 2023), but a 'Qualifying Free Zone Person' in DIFC/ADGM/DMCC can qualify for 0% on qualifying income. Traders operating as a business/company
Arguments for, arguments against
Pros (1)
- Licensed locally: register entry
Cons (2)
- Withdrawal time not published
- Minimum deposit for this country not published
Other brokers that onboard United Arab Emirates residents (6)
Where it does not serve
no data
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (4)
Checked: 2026-07-11
FAQ (3)
Does Menacorp Financial Services accept residents of United Arab Emirates?
Yes.
Which entity onboards a United Arab Emirates client of Menacorp Financial Services?
Menacorp Financial Services LLC
What licence does Menacorp Financial Services hold for United Arab Emirates?
No licence number is published for this country.