Global multi-asset fintech and financial services provider XS.com has announced that it has obtained a coveted license from the Securities and Commodities Authority (SCA) of the United Arab Emirates. This regulatory approval represents a significant achievement in the company’s international growth strategy, further establishing its footprint in one of the world’s most dynamic financial centers.
- Chosen by 3 200+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
The newly acquired Category 5 SCA license allows XS.com to operate under the UAE’s highly respected regulatory framework, recognized globally for its stringent compliance standards and investor protection measures. The creation of a new UAE entity under this license underscores the broker’s dedication to transparency, corporate governance, and service quality. The move reflects XS.com’s ongoing mission to provide secure and innovative trading solutions to its global client base while adhering to world-class regulatory practices.
Enhancing credibility and regional presence
This milestone adds the UAE to XS.com’s expanding list of regulated jurisdictions, reinforcing its reputation as one of the most trusted brokers in the global financial landscape. The company already holds licenses from leading authorities such as ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), LFSA (Malaysia), FSCA (South Africa), FSC (Mauritius), and the MOCI (Kuwait).
By entering the UAE market under SCA oversight, XS.com not only strengthens its position in the MENA region but also aligns its operations with a jurisdiction known for promoting investor confidence and sustainable financial development. The UAE’s regulatory environment has become increasingly attractive for international brokers seeking to operate within a framework that emphasizes both innovation and compliance.
Commitment to transparency and client protection
The acquisition of the SCA license marks a pivotal step in XS.com’s vision to build a globally unified network of well-regulated entities. This development enhances the broker’s credibility among institutional and retail clients alike, signaling a strong focus on transparency, data protection, and ethical business practices.
With the UAE now a part of its global regulatory ecosystem, XS.com continues to elevate its brand reputation and service quality. The company remains committed to delivering advanced fintech solutions and a secure trading environment—solidifying its role as a trusted, forward-looking financial institution in the evolving landscape of global finance.
Read also: XS.com named Most Influential Brand at Dubai Expo
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