Rostro Group, an international fintech and financial services group, and has received a Category 5 license from the UAE Securities and Commodities Authority (SCA).

The approval positions the Group as a regulated participant in the UAE’s financial sector.

It also allows Rostro to operate in line with the country’s standards for transparency, investor protection, and market conduct.

The UAE’s fintech ecosystem has been expanding rapidly, supported by regulatory developments, government initiatives, and growing investor interest.

Based in the UAE, Rostro Group is led by CEO Michael Ayres, who has extensive experience in the regional fintech sector.

Commenting on the license, Ayres said:

“We at Rostro Group see the UAE as one of the most forward-thinking financial centres, one that will soon rival leading centres like London, Singapore or New York. Securing this licence deepens our alignment with the country’s vision to build a tech-first, institutionally robust financial ecosystem and propels our contribution to its next phase of growth.”

Rostro Group operates a multi-brand structure serving both institutional and retail clients.

Its Scope Prime division provides institutional clients with trading infrastructure and multi-asset prime brokerage services across the GCC.

Scope Markets offers individual investors access to global trading opportunities.

Account types are available in multiple currencies, including AED and USD.

Recent offerings include access to over 60 regional CFD equities.

The division also provides proprietary CFD indices reflecting the Dubai and Abu Dhabi stock markets.

Local banking relationships are already in place to support these operations.

Featured image credit: Edited by Fintech News Middle East, based on image by piyato via Freepik