ATFX, an international brokerage firm, has announced that it has gotten approval from the UAE Securities and Commodities Authority to provide investment arrangements and advice. This strengthens its presence in the Middle East.
ATFX Mena Financial Services LLC, a subsidiary of AT Global Markets Intl Ltd, has received permission from the UAE Securities and Commodities Authority (SCA) to operate in the country. This approval is known as Category Five status and will allow the company to take on customers, in addition to providing financial advice and reviews. AT Global Markets owns the ATFX brand name and logo.
ATFX’s Founder and Group CEO, Joe Li, said:
ATFX is proud and excited to be awarded this license by the UAE’s Securities and Commodities Authority. With this license, we are able to realize our ‘client-first’ vision in the Middle East, particularly in the UAE, and provide our globally recognized offerings to our audiences here. We have always strived to be a partner and friend to our clients through our innovative products, best-in-class trading conditions and top-notch client service facilities. Under the auspices of SCA’s global standard of regulation, ATFX looks forward to being a significant part of the growth of the UAE’s financial landscape.
CEO of company Mena, Khaldoun Sharaiha, expressed:
The UAE’s pioneering role in drafting regulations and driving industry development across various asset classes is a boon to the investors in the region and paves the way for forward-thinking firms to offer a secure and productive environment for such investors.
