VARA

What a Tier 2 regulator means

Recognised national regulator (incl. smaller EU MiFID regulators) with client-money rules but less capacity or weaker compensation. We use this tier in the regulation part of every Editor Rating. How regulator tiers work.

Where a VARA licence counts on Coinish

It is the local regulator for United Arab Emirates: a company licensed by VARA counts as locally licensed there.

How to check a VARA licence

1. Open the VARA public register and search for the company name or licence number shown in the broker’s website footer.
2. Check the legal name matches the company named in your account agreement: brokers often run several companies under one brand.
3. Check the licence is current and covers the service you want (for example dealing in CFDs or holding client money).

Lists where VARA-licensed companies are ranked

Crypto exchanges in the United Arab Emirates (4)