Company Information

Get to know Redha Al Ansari Exchange

Established in 1979 by the late Mr. Redha Al Ansari, Redha Al Ansari Exchange is one of the oldest and most reputable exchange houses in the United Arab Emirates. Licensed and regulated by the Central Bank of the UAE, the company's core business revolves around providing currency exchange and international money transfer (remittance) services. It has grown from a single office to a vast network of branches across the UAE, offering additional services like the Wage Protection System (WPS) for payroll, bill payments, and other financial solutions to a diverse customer base of individuals and corporations.

Industry

Financial PaymentPRIMARY
Financial Other Service

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Redha Al Ansari Exchange

United Arab Emirates

Founded in

1945 (81 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.