ANAX CAPITAL

ANAX Capital is a forex and CFD broker registered in the United Arab Emirates, with its official domain anaxcapital.ae. The broker was incorporated on 10 April 2025, according to regulatory records, though its website claims authorisation since 2020. It is headquartered at Office 301, Aspin Commercial Tower, Sheikh Zayed Road, Dubai.

The broker's regulatory status is listed as regulated by the UAE Commodities and Markets Authority (CMA) in our records, while the broker's own marketing material states regulation by the Securities and Commodities Authority (SCA) under Category 1 (licence 20200000258). This discrepancy may reflect a naming nuance or ongoing registration update, but the core regulator is the UAE securities watchdog.

ANAX Capital holds a regulator status of 'Regulated' under the CMA (UAE), though the broker's website explicitly references the SCA Category 1 dealing in securities licence. The SCA Category 1 licence is one of the highest tiers in the region, permitting the broker to deal in securities as principal or agent. The broker claims a paid-up capital of AED 30 million.

Traders should note that UAE-based regulation provides a level of oversight, but the broker's very short operational history (founded in 2025) means there is limited track record to assess. Cross-referencing with the official SCA register is recommended before committing funds.

The broker offers three live account types: Prime (min $100, max leverage 1:400), Pro (min $1,000, max leverage 1:400), and Elite (min $10,000, max leverage 1:200). The Prime and Pro accounts are commission-free, with spreads starting at 1.2 pips and 1.0 pips respectively. The Elite account uses spreads from 0.8 pips with a tiered commission structure.

Leverage is capped at 1:400 for the lower two tiers, which is relatively conservative for the region, while the Elite account offers 1:200. The broker appears to target a range of retail traders, from those with modest capital to high-volume professionals.

Trading is conducted exclusively on MetaTrader 5 (MT5), a widely-used multi-asset platform that supports forex, CFDs on indices, metals, energies, and equities. The broker does not offer cTrader or proprietary platforms. According to its website, over 60 instruments are available, including UAE local stocks.

MT5 provides advanced charting, algorithmic trading via Expert Advisors, and custom indicators. The broker emphasises fast execution, with claims of sub-50 millisecond fills on the Pro account, ideal for scalpers and automated strategies.

Funding methods include Visa/Mastercard, local UAE bank transfers, international SWIFT, and local payment rails. All deposits are free of charge, with minimum deposits of $100 (SWIFT: $500). Withdrawals are processed back to the original funding method to comply with anti-money laundering regulations, with processing times mirroring the deposit method.

The broker states there are no hidden fees: spreads are the primary cost on Prime and Pro accounts, and commission applies only to Elite trades. Inactivity fees are waived for the first 12 months, and account maintenance is free. This fee structure may appeal to cost-conscious traders.

ANAX Capital is primarily marketed to traders in the UAE and the wider Middle East, with support in English and Arabic. The broker has an active social media presence on Facebook, Instagram, LinkedIn, and YouTube. It is not known to accept clients from high-risk jurisdictions or the US.

The broker appears suitable for retail traders seeking a regulated, MT5-based experience with competitive spreads and multiple account tiers. However, its very recent establishment means it lacks a public track record and independent reviews, which should be considered by risk-averse traders.