XS.com Secures UAE SCA Category Five License, strengthening its regulatory presence and commitment to transparency and client protection.
XS.com Secures UAE SCA Category Five License, strengthening its regulatory presence and commitment to transparency and client protection.
XS.com has announced that it secures a license from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE), marking a major step in its global expansion strategy. The company stated that this achievement marks a significant moment in its growth journey and further strengthens its presence in the UAE, where it already operates its headquarters.
The newly obtained authorization is a limited “Category Five” license, which allows XS.com to engage in financial consultations, introductions, and promotional activities. Unlike a “Category One” license, which permits brokers to provide full trading and brokerage services and hold client funds, the Category Five license focuses on advisory and promotional operations.
The SCA also granted this type of license in 2025 to other prominent brokers, including Neex, Tradeview, Eightcap, EC Markets, CPT Markets, VPFX, and STARTRADER, showing that international firms are actively expanding their regulated presence in the region.
Following the approval, XS.com has launched a new entity in the UAE, named XStrade Financial Consultation LLC, which will operate under the SCA Category Five license. Through this step, the company has aligned itself with one of the most respected and transparent financial regulatory frameworks in the world. This move enhances its credibility among clients and reinforces its position as a trusted broker in the global financial industry.
Moreover, this achievement follows another milestone from late August when XS.com received a license from the Financial Services Commission (FSC) in Mauritius. The company continues to build a strong regulatory foundation across multiple jurisdictions to support its global operations and maintain high standards of compliance.
Commenting on the new license, Shadi Salloum, Regional Director of XS.com in the MENA region, stated, “Securing our new SCA license in the UAE is a moment of pride for everyone at XS.com and a powerful validation of the credibility we have built over the years. The United Arab Emirates is a prestigious and dynamic global financial hub, and being licensed here represents not only a regulatory milestone but also a clear signal of our commitment to excellence, transparency, and client protection.”
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