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Capital.com Expands into the MENA Region

2024-04-03 Brokersview

Capital.com Expands into the MENA Region

London-based retail Forex and CFDs broker Capital.com has expanded into the Middle East and North Africa (MENA) region with the opening of a new office in Emirates Towers.

 

The broker recently obtained a Category 1 license from the UAE's Securities and Commodities Authority (SCA). The license allows Capital.com to operate in the region as a UAE financial products dealer, an international market trading broker, and an OTC derivatives and currencies spot market broker.

 

Tarik Chebib, CEO of Capital.com Middle East, said, "The GCC markets is a tremendously important market for us and we can’t wait to get started in our new office in Emirates Towers."

 

Last month, Capital.com suspended registrations of new clients in the UK.

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