TP ICAP Expands Global Reach with Acquisition of Vantage Capital Markets
TP ICAP reaches acquisition agreement to acquire Vantage Capital Markets, aiming to strengthen its position in equity derivatives and fixed income.
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Abstract:XS.com earns UAE SCA Category 5 license, reinforcing its standing as a trusted global multi-asset broker under strict regulatory supervision.

XS.com, a global multi-asset fintech leader, has achieved a major regulatory milestone with its approval from the Securities and Commodities Authority (SCA) of the United Arab Emirates. This newly granted Category 5 license enables the firm to offer financial trading services within one of the world‘s most respected and tightly regulated jurisdictions, strengthening its position in the MENA region’s thriving fintech sector.
According to Shadi Salloum, Regional Director of XS.com for MENA, the SCA license marks a moment of pride and validation for the companys long-standing commitment to transparency and client protection. By securing a UAE financial broker license, XS.com gains the trust of sophisticated investors and institutional traders who prioritize working with brokers regulated by top-tier authorities.

This milestone places XS.com among a select group of brokers operating under the UAE‘s Category 5 trading license framework, a benchmark for compliance and credibility in the region’s capital markets. The new license affirms the groups ability to meet rigorous operational standards, client fund protection requirements, and continuous supervisory obligations mandated by the SCA.
Founded in Australia in 2010, XS.com has evolved into a global multi-asset broker serving traders, institutions, and partners worldwide. The company operates under multiple regulatory approvals, including ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), LFSA (Malaysia), FSCA (South Africa), FSC (Mauritius), and MOCI (Kuwait).
The inclusion of the UAE within its regulatory network further solidifies XS.com‘s position as a fully regulated forex and derivatives broker. With this license, the company can deliver enhanced liquidity solutions, advanced trading technology, and a seamless user experience tailored to clients in the Middle East’s key financial hub.
Founded in Australia in 2010, XS.com has evolved into a global multi‑asset broker offering access to forex, commodities, indices, and other financial products. The firm provides institutional liquidity, advanced trading technology, and client‑focused services to traders worldwide. With offices across multiple regions and a reputation as a trusted online trading platform, XS.com continues to expand its regulatory footprint and strengthen its role as a leading player in the global financial services industry.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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