ICM.com Strengthens MENA Presence with Expansion into Qatar

ICM.com, a UK headquartered FCA regulated online Forex, commodity and CFD broker, announced that it has strengthened its presence in the Middle Eastern and North African (MENA) region with the latest expansion into Qatar.

According to the announcement, the company has received authorization from the Qatar Financial Centre (QFC) to expand into the new country. It has also established a physical office in Doha, the capital city of Qatar.

The Qatar Financial Centre is one of the leading business and financial hubs in the GCC and MENA region, allowing companies to operate in line with international standards. Entering the Qatar markets is a strategic move for the broker.

"Our vision for ICM's continuous expansion has always been imperative. Despite ongoing Covid-19 disruptions, we are able to achieve steady growth and carry on branching out within the MENA region. We have chosen Qatar, being a financial hub and among the league of advanced economies in the region," Shoaib Abedi, Founder and CEO of ICM.com said.

Earlier this year, ICM.com has expanded its offerings by adding over 700 US Stock CFDs on its world-renowned MT5 Platform.