Plus500, the global multi-asset financial technology group with over 25 million registered clients worldwide, has announced the acquisition of a new regulatory license from the Dubai Financial Services Authority.<\/p>\n
The Dubai Financial Services Authority granted the license to Plus500AE, based in the Dubai International Financial Centre, a subsidiary of the Plus500 Limited group, listed on the FTSE 250 and the main market of the London Stock Exchange.<\/p>\n
This approval allows the Plus500 group to capitalize on the tremendous growth opportunities in the thriving and unprecedented UAE market.<\/p>\n
Through Plus500AE, the group ensures the provision of a customized local trading experience for potential customers in online trading across the United Arab Emirates.<\/p>\n
The platform enhances its diversified and user-friendly portfolio, supporting innovation efforts and the customer-centric approach.<\/p>\n
The added benefits include the adoption of local payment methods, providing localized versions of Plus500’s trading platform, website, and mobile application.<\/p>\n
This ensures customers have access to the top financial tools in the region.<\/p>\n
Additionally, this technological platform allows traders in the UAE to engage in over-the-counter trading or contracts for difference.<\/p>\n
The advanced analysis tools provided by the platform offer traders real-time data, equipped with effective charting tools and technical indicators.<\/p>\n
This assists them in making informed trading decisions.<\/p>\n
The platform also supports accessibility via mobile phones and tablets operating on both iOS and Android systems.<\/p>\n
The establishment of a subsidiary in the UAE enhances Plus500’s regulatory framework and complements its regulatory licenses obtained in prominent global markets, including the United Kingdom, Australia, Cyprus, Singapore, the United States, and Japan.<\/p>\n
This platform stands out with its advanced tools and user-friendly interface, providing advanced options that allow customers to manage their investments better.<\/p>\n
It enables them to manage the risks associated with exposure to financial leverage, helping to protect potential profits and minimize losses.<\/p>\n
The latest trends from the Dubai Financial Services Authority indicate the flourishing digital trading sector in the Middle East.<\/p>\n
The market is expected to reach a value of one trillion US dollars by 2025, focusing on various types of assets traded in this growing market, especially stocks, commodities, and digital cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"
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