Wikilix
Licence record

VPFX: SCA licence 20200000242

Wikilix check
Limited
Issuing authority
Securities and Commodities Authority
Jurisdiction
United Arab Emirates
Last checked
Oct 6, 2026

This is Wikilix's record of a licence issued by Securities and Commodities Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Oct 20, 2026

Licence Verification Record

Securities and Commodities Authority 20200000242

Wikilix read the SCA register on Oct 6, 2026. This is what it said.

Issuing authority
Securities and Commodities Authority
Jurisdiction
United Arab Emirates
Register status
Active, introduction and promotion only (not a trading licence)

Checked Oct 6, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/vpfx/licenses/securities-and-commodities-authority0/20200000242Fields on file 7 / 11

Our check
Checked

What we checked

This authorisation is in force but limited — it does not carry the same protections as a full trading licence.

Wikilix check
Limited
Authority strength
Tier 2
Jurisdiction
United Arab Emirates
Last checked
Oct 6, 2026
Register says
Active, introduction and promotion only (not a trading licence)

Finding

A Category 5 Introduction and Promotion licence held by VPFX Financial Services L.L.C. of Dubai, a separate company from the one that holds client funds. The register shows both permissions, Introduction and Promotion, as Active, and the regulator attaches a notice stating the holder is not licensed for brokerage in financial derivatives, unregulated commodity contracts or spot foreign exchange, and may not conduct trading operations, manage portfolios, execute client orders or hold client assets or money. The broker discloses the same limitation itself. Client protection: None for client funds. The licence covers client introduction and promotion only, and the holder is expressly barred from receiving or holding client money.

Exhibit

Register screenshot, captured Oct 6, 2026
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
20200000242
Register status
Active, introduction and promotion only (not a trading licence)
The authority

About SCA

Securities and Commodities Authority is the authority that issued this licence, and the jurisdiction it applies in is United Arab Emirates.

Full name
Securities and Commodities Authority
Jurisdiction
United Arab Emirates
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2000
Firms we track under it
13 firms
Licences it issues
Brokerage licence incl. CFDs
Typical cost of a licence
Not specified
Public register
Searchable by the public
Transparency
Medium
Protection

What this licence protects

SCA's own rules for the firms it authorises.

  • Complaints routeSCA complaints
  • Maximum leverage1:100
This describes the authority's regime, not how VPFX applies it.
The holder

Who holds this licence

The licence above is recorded against VPFX. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Ventura Prime FX Limited
Based in
Malaysia
Wikilix score
31.7the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • Ventura Prime FX LimitedMalaysia · Reg. LL16224
  • VPFX Financial Services LLCUnited Arab Emirates
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences VPFX holds

One other licence is on record for VPFX.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions

Yes. A demo account can be opened from the broker's client portal alongside a live account, and MetaTrader 5 connects to a dedicated VPFX demo server. It lets a trader test the platform and the published conditions without funding an account.

VPFX is the trading brand of Ventura Prime FX Limited, a company registered in the Federal Territory of Labuan, Malaysia under number LL16224, with a registered address at Kensington Gardens, No. U1317, Lot 7616, Jalan Jumidar Buyong, 87000 Labuan. That company is the contracting party named in the client agreement. In the United Arab Emirates a separate company, VPFX Financial Services LLC, acts as introducer and promoter and states that it does not hold client funds or provide trading services itself.

No. None of the three VPFX account tiers is published as a swap-free or Islamic account, so positions held overnight are subject to the usual financing charges. A trader who needs swap-free trading will not find it advertised here.

Yes, on most routes. A bank wire withdrawal costs 40 USD or 50 AED, card withdrawals cost 2.50 per cent of the amount and FasaPay costs 0.50 USD, while Skrill and Neteller withdrawals carry no commission. Deposits are free on every published method, so the cost falls on the way out.

Withdrawal requests are processed within 24 hours. The broker gives an arrival time only for bank wire withdrawals, which usually take three to five working days to reach the client's account. The receiving bank account must be in the same name as the trading account, because third party payments are not accepted.

VPFX publishes six funding routes: bank wire transfer, Visa, Mastercard, Skrill, Neteller and FasaPay. Card and e-wallet deposits are credited instantly and bank wires take two to four working days. The minimum deposit is 100 on every route except FasaPay, which requires 1,000. There is no cryptocurrency funding route.

VPFX publishes three live account tiers, all on MetaTrader 5.

  • Standard, from 100 USD, leverage up to 1:1000, no commission.
  • VIP, from 10,000 USD, leverage up to 1:500, no commission.
  • Elite, from 25,000 USD, leverage up to 1:200, commission charged but not published as a figure.

A demo account is available alongside the live tiers.

VPFX offers foreign exchange alongside precious metals, energies, indices and shares, all traded on MetaTrader 5. Around 30 forex pairs are available. Cryptocurrency is not among the instruments the broker lists.

Yes. Ventura Prime FX Limited does not offer its services to residents of the United States or of European Union member states, and it names a further list of sanctioned jurisdictions it will not accept, including North Korea, Afghanistan, Iran, Iraq, Syria and Yemen. Residents of United States dependent territories such as Puerto Rico and Guam fall under the United States restriction. The restriction notice appears in the footer of the broker's own site and in a separate restricted countries document that the site links.

Live chat is the broker's main support channel and is offered 24 hours a day on weekdays. Email goes to customerservice@vpfx.net for general enquiries and to support@vpfx.net for complaints. Support is published in English only, and the broker also maintains Facebook, Instagram, X, Telegram and YouTube accounts.

The entry-level Standard account opens from 100 USD with leverage of up to 1:1000. The two higher tiers require far more and allow less leverage: VIP from 10,000 USD at up to 1:500, and Elite from 25,000 USD at up to 1:200. Those figures come from the account types page; the broker's forex trading page says leverage scales up to 1:500, so its own pages give two ceilings. The 1:1000 headline therefore applies only to the smallest account, and leverage at that level magnifies losses as much as gains.

VPFX offers MetaTrader 5 and nothing else. Builds are available for Windows, macOS, Android and iOS, connecting to the broker's own live and demo servers. MetaTrader 4 is not offered, so a trader who depends on MT4 expert advisors or indicators cannot use them here without porting them first.

Ventura Prime FX Limited holds licence number MB/20/0046 from the Labuan Financial Services Authority (LFSA) in Malaysia, and that licence is recorded on the authority's own register of licensed entities. The permission on record is a Labuan money broking licence, which covers arranging transactions rather than dealing as principal with retail clients, so it should not be read as an onshore retail brokerage licence. Labuan is an offshore financial centre, and a licence there carries weaker investor compensation and complaint recourse than a major onshore regulator.

VPFX states that client funds are held in segregated accounts with tier 1 banks. That is the broker's own statement and it is not a deposit insurance or compensation scheme.

Licence 20200000242 was issued by Securities and Commodities Authority (SCA), the financial authority for United Arab Emirates.
VPFX holds this SCA licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the SCA register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates SCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
This page links straight to the SCA register. Search it for 20200000242, and for the name VPFX rather than the trading brand.
VPFX has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.