- INGOT Brokers secures UAE Category 5 license, allowing it to market financial services without directly handling client funds or trades locally.
INGOT Brokers has received approval from the Securities and Commodities Authority (SCA) in the UAE to operate under a Category 5 license.
This milestone enables the global brokerage firm to promote its financial products and services in the region, though it will not directly manage client funds or trades.
The Category 5 license is gaining popularity among brokers looking to expand into the UAE market. INGOT Brokers now joins firms like Taurex and VPFX in securing this regulatory approval.
With licenses in Kenya, Jordan, and Seychelles, and offices in Dubai and Cyprus, the company continues to strengthen its global presence.
