Admirals Sets up A New Subsidiary in Jordan

Admiral Markets Group AS, a leading online Forex and CFD trading provider operating with the trade name Admirals(previously known as Admiral Markets), announced on Monday the opening of its subsidiary in Jordan to have an offer and a presence in all major regions of the world. 

As detailed in the official press release, the new operating company is fully regulated by the Jordan Securities Commission (JSC), and will deliver all world-class offering, customer service, products, and educational content which the Admirals brand is built upon. According to the company, it required over €4 million to expand to such a nation.

Let's recall that, the agreement was reportedly settled on June 6 this year, when Admiral Markets AS was granted a license by the Jordan authorities to operate in Amman, with an office that will start with 10 employees, becoming the first Estonian company to run businesses in Jordan. 

Sergei Bogatenkov, Admiral Markets AS CEO, commented, “The Middle East and North Africa region is home to 600 million people, which means a great potential for us to grow our customer base and gain a larger market share, while looking to provide the opportunity for people in the region to experience the joys of alternative financial products which we have seen take off so successfully in Europe over the last years.”