Compare brokers side by side
Compare legal entities, evidence and account features. Choose any two researched profiles.
| What to compare | EquitiProfile & sources → | BullwavesProfile & sources → |
|---|---|---|
| Legal entity | Equiti Securities Currencies Brokers LLC | Equitex Capital Limited |
| Service scope | UAE trading entity | Overseas entity |
| Reported regulator | CMA | Seychelles FSA · broker disclosure |
| Licence reference | 20200000026 (Category 1); 20200000352 (Category 5) | SD185 |
| Licence evidence | Broker disclosure | Broker disclosure |
| Published platforms | MT4, MT5 | Unconfirmed |
| Published funding minimum | Unconfirmed | US$100 |
| AED base account | Unconfirmed | Unconfirmed |
| Swap-free terms | Unconfirmed | Unconfirmed |
| Live-account testing | Not performed | Not performed |
How to interpret the difference
Equiti
Equiti’s UAE legal page identifies Category 1 permissions for international-market brokerage, OTC derivatives and spot currencies, alongside a separate Category 5 introduction/promotion permission. It describes its service as execution only. Match the precise legal name and permission against the current regulator record.
The UAE platform page offers MT4 and MT5. Compare the instrument specifications, commission model and bank-transfer route for the particular account offered to you. We have not assigned a lowest-cost or best-execution award without comparable measured evidence.
Check the sources and limitations →Bullwaves
The bullwaves.com legal disclosure names Equitex Capital Limited and Seychelles FSA licence SD185. This profile concerns that website and entity. It does not establish a UAE licence or extend another regulator’s protections to a UAE resident.
The site advertises a Classic account from US$100 and different starting spreads for Classic, VIP and ECN accounts. Those are advertised thresholds, not measured trading costs. Request a current fee schedule, contracting entity and written eligibility confirmation before using these figures for a decision.
Check the sources and limitations →