No, because there is no regulation required under UAE law to operate a company like BrightFunded.
We do not provide clients with investment advice, portfolio management, or trading services on their behalf. As such, we do not fall under the scope of the UAE Securities and Commodities Authority (SCA), or any other financial regulatory body in the UAE.
BrightFunded operates as a proprietary trading evaluation platform, offering simulated trading environments for educational and evaluative purposes only. We are neither a brokerage firm nor an asset manager, which means we are not subject to licensing under the UAE’s financial regulatory framework.