Wikilix
Licence record

SCA licence 20200000320

Holder
Fx-k
Jurisdiction
United Arab Emirates
Last checked
Aug 15, 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.

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Licence intelligence

RecordModified Aug 15, 2026

Licence Verification Record

Securities and Commodities Authority 20200000320

Wikilix read the SCA register on Aug 15, 2026. This is what it said.

Issuing authority
Securities and Commodities Authority
Holder
TRADEQUOMARKETS LTD
Jurisdiction
United Arab Emirates
Register status
Advice-only (not a trading licence), held by a sister entity

Checked Aug 15, 2026

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

wikilix.com/licenses/securities-and-commodities-authority0/fx-k/20200000320Fields on file 5 / 11

Open Fx-kAbout SCA
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
Aug 15, 2026
Register says
Advice-only (not a trading licence), held by a sister entity

Finding

Category 5 permission for financial consultations and introduction only, held by sister entity Tradequomarkets Financial Services L.L.C; it is not a dealing/trading licence and the authority is now the CMA. Client protection: Advisory-only permission, does not cover holding client deposits.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
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
20200000320
Register status
Advice-only (not a trading licence), held by a sister entity
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.

  • Compensation schemeDeposit Guarantee Scheme covers up to AED 100,000 per depositor
  • Complaints routeSCA complaints
  • Maximum leverage1:100
This describes the authority's regime, not how Fx-k applies it.
The holder

Who holds this licence

The licence above is recorded against Fx-k. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
TRADEQUOMARKETS LTD
Based in
Saint Vincent and the Grenadines
Wikilix score
37.5the firm’s overall score, not a rating of this licence

Wikilix records Fx-k as having no regulation on file. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

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.

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.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Fx-k holds

2 other licences are on record for Fx-k.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Fx-k does not charge commissions on trades, and it does not offer no-swap (Islamic) accounts based on the available information.
Fx-k offers customer support via live chat during business hours and email at hello@fx-k.com. Support is available in English according to the provided data.
Fx-k offers a maximum leverage of 1:420. This allows traders to control larger positions relative to their account balance.
The minimum deposit amount for opening an account with Fx-k is 10 USD. This information is based on the trading conditions provided by WIKILIX.
Fx-k provides access to the MetaTrader 5 platform, a multi-asset trading software known for advanced analytics and algorithmic trading tools. It supports desktop use and is developed by MetaQuotes Software Corp.
TRADEQUOMARKETS LTD, operating as Fx-k, does not hold any regulatory licenses. It is registered in Saint Vincent and the Grenadines but is classified as having no regulation.
Licence 20200000320 was issued by Securities and Commodities Authority (SCA), the financial authority for United Arab Emirates.
Fx-k 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.
Fx-k has 2 other licences on record with Wikilix, across 2 jurisdictions. They are listed further down this page.
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