Seychelles-regulated FX and CFDs broker M4Markets yesterday announced that it has been licensed by the Dubai Financial Services Authority (DFSA) to operate in the Dubai International Financial Centre (DIFC), enabling the company to expand the wide range of Middle Eastern markets with its financial products.
M4Markets said that obtaining the DFSA license is an important achievement for the company and demonstrates its determination to meet high regulatory standards in order to consolidate its position in the financial industry as a multi-regulated broker with the DFSA, an internationally renowned regulatory body responsible for the supervision of financial services in the DIFC.
In addition to Dubai, the broker is also overseen by three regulators - the Cyprus Securities and Exchange Commission (CySEC), the Seychelles FSA and the South African FSCA. The company says that these regulations reflect its determination to provide a safe and trustworthy trading environment for its valued clients.
Commenting on the authorization, Panikos Teklos, Chairman of M4Markets, said, "It is with great pleasure that we announce M4Markets has been granted the prestigious DFSA license, affording us the ability to extend our services in the Middle East. This is a significant milestone and pivotal moment for our company, and we are eagerly looking forward to expanding our sphere of influence in the region, thereby providing our valued clientele with an extensive range of trading opportunities and financial instruments."
Oscar Asly, CEO of M4Markets in the MENA region, said, "I am delighted to officially announce our latest milestone, which marks a significant moment in the journey of M4Markets. In an industry renowned for its fierce competition, we have firmly established ourselves as one of the most reputable brokers in the market."