The Not Authorized Companies

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The list is updated weekly based on the Capital Market Authority website

​اسم الشركة الموقع مقر الشركة​
Jahz Company http://jahzsa.com/​ Saudi Arabia
Tharwatt Company https://www.tharwatt.com/ ​ UAE
Etqaan Trading https://www.etqaan-trading.com/​ UAE
Elmar Capital https://www.elmarcapital.com/​ UAE
Masdar Investment https://masdarinvestment.com​ UAE
FXM https://www.fxmsolutions.com/​ UNKNOW
Amwal Invests https://www.amwalinvests.com/​ Claims to be in the KSA
IFOREX​ Group https://www.iforexsa.com/​ Cyprus
TIOmarkets Ltd​ https://tiomarkets.com/ar​ Saint Vincent and the Grenadines
UNKNOW https://arqaamtrade.com/​ Claims to be in the KSA
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