...
License & Regulation
Fully Regulated Bank & Broker
Banking & Trading You Can Trust – Fully Licensed and Compliant
Uptex is a trading name of Oliver Business Development LLC, headquartered at Muscat, Sultanate of Oman. We prioritize transparency and trust by adhering to the highest standards of regulatory compliance. Our licenses with globally recognized authorities ensure a secure and ethical environment for all our clients.
Banking Licenses
Electronic Banking Services License (No. L3332693) - Oman
Authorizes Uptex Bank to provide digital banking services such as multi-currency accounts, payments, and borderless banking.
Administration of Financial Markets License (No. L3330925)- Oman
Authorizes Uptex Bank to offer securities brokerage, investment, and trading services (including CFDs).
Canada – Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) - (No. C10000905) Canada
Uptex Bank operates in Canada through Xellar Payment Solutions Inc., registered as a Money Services Business (MSB) with FINTRAC under registration number
Broker Licenses
Oman Broker Agent License - Oman
Uptex is a trading name of Oliver Business Development, licensed in the Sultanate of Oman by the Ministry of Commerce, Industry and Investment Promotion under License No. L3204206 for the Administration of Financial Markets. The company is regulated by both the Capital Market Authority (CMA) and the Central Bank of Oman (CBO).
SCA (Securities and Commodities Authority) - UAE
In partnership with a licensed institution, we deliver secure and regulated trading experiences to clients in the UAE, adhering to local and international guidelines.
SFC (Superintendencia Financiera de Colombia) - Colombia
In partnership with a licensed institution, Uptex ensures compliance with Colombia’s SFC regulations, providing traders with a reliable platform backed by stringent regulatory practices.
Global DTT Partnerships
Includes entities regulated by the Vanuatu Financial Services Commission (Register No. 40169), the Securities and Commodities Authority (SCA) of the United Arab Emirates (License No. 20200000042), and is authorized by the Superintendencia Financiera de Colombia (SFC) for international product and service promotion.