Wikilix
Licence record

SCA licence 20200000348

Holder
VCG Markets
Jurisdiction
United Arab Emirates
Licence type
Financial Service

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 Jul 27, 2026

Licence Verification Record

Securities and Commodities Authority 20200000348

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Securities and Commodities Authority
Jurisdiction
United Arab Emirates
Licence type
Financial Service

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/vcg-markets/20200000348Fields on file 2 / 11

Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
United Arab Emirates
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

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
20200000348
Licence type (Wikilix classification)
Financial Service
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 VCG Markets applies it.
The holder

Who holds this licence

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

Broker
VCG Markets Ltd
Based in
Mauritius
Wikilix score
32.0the firm’s overall score, not a rating of this licence
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
Never — nobody has looked this entry up yet
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 VCG Markets holds

One other licence is on record for VCG Markets.

Frequently Asked Questions

Questions about this licence

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

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.
Licence 20200000348 was issued by Securities and Commodities Authority (SCA), the financial authority for United Arab Emirates.
VCG Markets holds this SCA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the SCA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates SCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
VCG Markets has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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