XS.com has expanded its international reach after obtaining a Category 5 license from the UAE Securities and Commodities Authority (SCA), marking a significant milestone in the company’s global growth strategy.
Through the license, XS.com creates a new entity in the UAE. The new entity, which operates under the UAE’s respected regulatory framework, is expected to enhance XS.com’s ability to serve traders in one of the world’s best financial centres.
The company described the approval as a strong endorsement of its transparency, compliance and commitment to customer protection.
“Obtaining our new SCA license in the UAE is a proud moment for everyone at XS.com and a strong confirmation of the credibility we have built over the years,” said Shadi Salloum, Regional Director for the Middle East and North Africa.
The SCA license joins XS.com’s expanding list of international licenses, including ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), and FSC (Mauritius), among others.
The company said the move will enhance its reputation as a “trustworthy and credible broker” while positioning it for sustainable expansion throughout the Middle East and beyond.
XS.com noted that its presence in the UAE reinforces its mission of providing regulated, technology-based trading experiences that meet the highest global standards.