Compare brokers side by side
Compare legal entities, evidence and account features. Choose any two researched profiles.
| What to compare | Interactive BrokersProfile & sources → | BullwavesProfile & sources → |
|---|---|---|
| Legal entity | Interactive Brokers (U.K.) Limited (DIFC Branch) | Equitex Capital Limited |
| Service scope | UAE arranging entity | Overseas entity |
| Reported regulator | DFSA · arranging | Seychelles FSA · broker disclosure |
| Licence reference | F008423 | SD185 |
| Licence evidence | Regulator record | Broker disclosure |
| Published platforms | IBKR Desktop, TWS, IBKR Mobile | 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
Interactive Brokers
The DFSA register lists the Interactive Brokers UK DIFC branch under F008423, with permissions to arrange deals and arrange custody and an endorsement for retail clients. Arranging custody is not the same as holding your assets in the DIFC. Identify the execution and custody entities in your own account documents.
IBKR describes Desktop, Trader Workstation and Mobile among its platforms. For a UAE stock-investing comparison, examine access to your intended exchanges, currency conversion, market-data subscriptions and transfer-out costs. This profile does not claim that every global product is available to every UAE account.
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 →