StarTrader obtains SCA License in UAE

The well-known broker, STAR TRADER has obtained (Securities and Commodities Authority) the SCA license in the United Arab Emirates. The SCA license 20200000241 represents a key milestone for STARTRADER. With this new addition, the company now holds a total of six licenses.

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Peter Karsten, CEO of STARTRADER, stated, “Securing six licenses, including the SCA, is a major milestone for STARTRADER. This allows us to better serve our clients in carefully selected markets, with the UAE acting as a central hub for growth”.

The broker has a total of five licenses:

• Financial Conduct Authority (FCA),

• Australian Securities and Investments Commission (ASIC),

• Financial Services Authority (FSA) of Seychelles,

• Financial Sector Conduct Authority (FSCA)

• Financial Services Commission (FSC).

According to the broker, The acquisition of this license demonstrates STARTRADER‘s continuous efforts to enhance its credibility and regulatory standing. SCA or the Securities and Commodities Authority license showcases the team’s commitment to increasing client satisfaction by offering tailored financial solutions.

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