Brokerage company ATFX announced that it has received an organizational and advisory license from the UAE Securities and Commodities Authority (SCA), which will strengthen its influence in the Middle East.
The license has been issued to ATFX Mena Financial Services LLC, a subsidiary of AT Global Markets Intl Ltd., which owns the ATFX brand and trademark. The license is Category 5, which allows the company to represent clients and provide financial advisory and analytical services, according to ATFX's official website.
"With this license, we will be able to implement our client-first vision in the Middle East, particularly in the UAE, and introduce users to our globally recognized offerings. We have always strived to be a partner and friend to our users through innovative products, best-in-industry trading conditions, and top-notch client facilities. Under the auspices of SCA's global standard of recognition, ATFX hopes to be an important part of the growth of the UAE's financial landscape," said Joe Li, Head of ATFX.
Khaldoun Sharaiha, CEO of ATFX Mena, also expressed his confidence in the new license from the SCA, emphasizing that clients in the region can look forward to working with one of the most reliable and client-focused brokers in the world.
ATFX is a Forex and CFD broker and is part of AT Global Markets, an international investment holding company. The quality of ATFX's service has been recognized by numerous awards the broker has received, including the "Fastest-Growing Forex Broker in Europe" award in 2017 and the "Best CFD Forex Broker 2018" award from the UK Forex Awards.
