The issue is more with the legal protection in Dubai and the UAE. I looked into it and passed. However, the paperwork provided showed that the company was 'registered' under UAE law and DIFC etc. The paperwork for the FCI Markets also indicated it was legal (which it is) and that it was insured etc etc etc.
So an average investor was led to believe it was an 'approved' company and investment. I am sure many queried the government as to its legitimacy as well.
So where is the protection?? Like every other market in the UAE it is POORLY regulated. Housing, finance etc and all the Wild West!