License & Regulation
Fully Regulated Institution & Broker
Finance & Trading You Can Trust. Fully Licensed and Compliant.
Uptex is a trading name of Oliver Business Development LLC, headquartered in Muscat, Sultanate of Oman. In Canada, Uptex operates through Xellar Payment Solutions Inc., based in Mississauga, Ontario. 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 to provide digital banking services such as multi-currency accounts, payments, and borderless banking.
Administration of Financial Markets License (No. L3330925) Oman
Authorizes Uptex to offer securities brokerage, investment, and trading services (including CFDs).
Canada - Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) - (No. C10000905) Canada
Uptex operates in Canada through Xellar Payment Solutions Inc., registered as a Money Services Business (MSB) with FINTRAC under registration number C10000905. Xellar has also submitted its application under the Retail Payment Activities Act (RPAA) for Payment Service Provider (PSP) registration with the Bank of Canada.
Broker Licenses
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 authorized by the Superintendencia Financiera de Colombia (SFC) for international product and service promotion.
SCA (Securities and Commodities Authority) UAE
License No. 20200000042, held through Global DTT partnerships.
SFC (Superintendencia Financiera de Colombia) Colombia
Authorized for international product and service promotion.
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