Multibank Group Regulation and Broker Review
Multibank Group broker review: regulated in Cyprus, Australia, and Germany, but facing revoked licenses and severe complaints.
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Abstract:VT Markets secures UAE SCA Category 5 license in Dubai, enabling introduction and promotion services as it advances compliant expansion plans.

VT Markets‘ Dubai branch has received a Securities and Commodities Authority SCA Category 5 license, authorizing regulated introduction and promotion activities under license number 20200000299, advancing the broker’s UAE market strategy and investor safeguards. The company said the authorization reinforces its commitment to regulatory compliance and enables it to introduce clients to licensed financial institutions in a secure, transparent framework.
What the license allows
The SCA Category 5 authorization permits a regulated broker to market, introduce, and promote financial services in the UAE while stopping short of providing investment advice or executing trades, aligning with the SCAs focus on market integrity and investor protection. Advisory firms note that Category 5 is designed for marketing and client referral activities to offshore or locally licensed institutions, with core limitations excluding portfolio management or brokerage execution. Typical requirements include a UAE-incorporated entity, minimum paid-up capital of around AED 500,000, fit-and-proper senior staff including a resident compliance lead, and a physical office, with processing commonly staged across initial and final approvals.

Company statement and context
VT Markets framed the milestone as strengthening its ability to operate transparently and compliantly in a rapidly evolving market, citing the SCA‘s role as the UAE’s federal markets regulator. The firms Dubai branch is listed by VT Markets as a Category 5 licensee under 20200000299, consistent across corporate materials and investor disclosures. In recent updates, the company highlighted broader brand initiatives—including partnerships and events—alongside the August 2025 license news, signaling continued regional and global expansion ambitions.
Expansion and industry backdrop
The broker indicated the SCA license is part of a wider plan to add authorizations in strategic regions, supporting compliant trading services and financial market transparency. Independent industry notices and press channels have also flagged VT Markets‘ UAE approval, underscoring the relevance of Category 5 permissions for regulated introduction and promotion in Dubai’s financial hub. Consultancy briefings show rising interest in UAE financial services compliance, with guidance on Category 5 pathways, staffing, and timelines as firms explore how to get an SCA Category 5 license in the UAE to support growth.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Multibank Group broker review: regulated in Cyprus, Australia, and Germany, but facing revoked licenses and severe complaints.

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