VCG Markets Unit Secures UAE CMA Category One License

VCG Securities Financial Consultation LLC, a unit of Dubai-based retail FX and CFDs broker VCG Markets, has obtained a Category One license from the United Arab Emirates' Capital Market Authority (CMA), the company announced. The license, numbered 20200000515 and dated 11 November 2026, covers the activity officially described as "Trading broker of OTC derivatives and currencies in the spot market."

The authorization applies solely to VCG Securities Financial Consultation LLC and the activities specified in its approval. It does not extend to other group entities. Any future offerings by the licensed entity will be communicated separately, subject to their applicable terms and regulatory requirements.

The UAE license follows VCG Markets' recent receipt of a Kenya CMA license. In 2025, VCG Securities Financial Consultation LLC was publicly identified as holding a UAE Category Five license covering Introduction and Financial Consultation activities.

The development comes during a period of corporate change at VCG Markets. Brian Myers was appointed Group CEO in June 2026, and Mohammed Chouikh was appointed Head of Compliance and Money Laundering Reporting Officer (MLRO) of VCG Securities Financial Consultation LLC in October 2026.

Myers said securing the Category One license is a significant step in VCG Markets' development, adding that the group has made a long-term commitment to the UAE and intends to continue building a business supported by experienced leadership, strong governance and a clear regional strategy.

VCG Markets is an international multi-asset brokerage business with a presence across more than 80 countries, with the UAE identified as an important focus of its long-term strategy. The company focuses on trading technology, market intelligence and client education, developing tools, data and services designed to support better-informed trading decisions. Group entities operate under distinct regulatory arrangements in their respective jurisdictions.