OKX, a global crypto exchange and Web3 company, has launched regulated retail derivative products in Dubai, becoming the first international exchange to offer futures, perpetual contracts, and options to retail users in the UAE.
These offerings are regulated by the Dubai Virtual Assets Regulatory Authority (VARA) under a pilot framework. Retail users can now trade derivatives with up to 5X leverage, allowing them to react more efficiently to market movements and manage risk with greater control, all within a secure and compliant environment.
“This is a major milestone not just for us at OKX, but for the broader crypto ecosystem. By extending institutional-grade derivatives to retail investors within a regulated framework, we’re leveling the playing field. It means more individuals now have access to advanced tools like futures and options to navigate the markets strategically.”
Rifad Mahasneh, CEO of OKX MENA
While leverage limits vary across global markets, this cap is seen as a balanced approach that enables retail traders to access advanced tools without exposing them to excessive risk. It also supports long-term market stability and user protection. At the same time, OKX continues to offer robust services for qualified investors and institutional clients, who can access up to 20x leverage.
Why did OKX choose UAE?
Mahasneh explained that OKX’s decision to launch its retail derivatives service in the UAE was carefully planned, driven by strong demand from users in the region for advanced trading tools like futures, perpetual contracts, and options. He emphasized that the clear regulatory framework in the UAE provided an ideal setting to meet this demand in a responsible way.
Another key factor was the ability for users to fund their trades directly through UAE bank accounts, which is a central part of OKX’s local offering.
According to Mahasneh, the decision made sense on all fronts, the user interest exists, the infrastructure is in place, and the regulatory environment is proactive.
“We’ve worked closely with VARA to align this offering with their framework, and we’re proud to launch this pilot from Dubai. The UAE has created an environment where innovation and compliance go hand in hand. This has enabled OKX to introduce sophisticated products like derivatives to retail users in a responsible and secure manner.”
Rifad Mahasneh, CEO of OKX MENA
He believes this move will help bring cryptocurrency further into mainstream finance. By combining regulation, education, and risk management tools, OKX aims to build trust, encourage adoption, and set a global example for responsible crypto innovation.