SCAUnited Arab EmiratesTier 2Licence number
20200000348
View licence record- Licence holder
- Held by VCG Markets
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for VCG Markets
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
VCG Markets has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Jurisdictions
Licence record
Licences on record
Every licence on record for VCG Markets, strongest authority first.
2 records
- SCAUnited Arab EmiratesTier 2
FSCMauritiusTier 3Licence number
GB22200388
View licence record- Licence holder
- Held by VCG Markets
- Licence type and regime
- Offshore
Not checkedUpdated
Protection
What this licence protects
SCA's own rules for the firms it authorises.
- Compensation schemeDeposit Guarantee Scheme covers up to AED 100,000 per depositor
- Complaints routeSCA complaints
- Maximum leverage1:100
Frequently Asked Questions
Questions about the licences held by VCG Markets
Answered from the register entries on this page.
Most Popular Questions
Yes, VCG Markets requires Know Your Customer (KYC) verification for withdrawals. This process helps ensure compliance with regulatory standards and prevents fraud. The context does not specify KYC requirements for deposits or account opening.
VCG Markets offers a maximum leverage of up to 500:1. This leverage level allows traders to control larger positions with a smaller amount of capital. The broker does not specify leverage variations by account type in the provided context.
VCG Markets supports deposits and withdrawals via bank cards, bank wire transfers, and Neteller e-wallet. Deposits are processed instantly for cards and Neteller, while wire transfers may take 2 to 5 business days. Withdrawals require KYC verification, and the broker does not charge fees, though external fees may apply.
VCG Markets offers the MetaTrader 5 platform, which is available on desktop, web trader, and mobile devices. MetaTrader 5 supports trading in Forex, stocks, and futures with advanced analytics and algorithmic trading tools. This platform is widely used and supported by MetaQuotes Software Corp.
VCG Markets is regulated by the Financial Services Commission (FSC) of Mauritius, an offshore regulator. It holds an Investment Dealer (Full Service) license but does not provide client fund insurance. According to WIKILIX, the broker operates with medium transparency and serves most countries worldwide except North Korea and other UN-sanctioned countries.
VCG Markets has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
VCG Markets holds licence records issued by SCA, FSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by VCG Markets comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by VCG Markets has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
VCG Markets has licence records in United Arab Emirates, Mauritius. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.