Middle East has been an attractive spot for many financial institutions, from banks to hedge funds to Forex brokers. UAE meanwhile has been specifically attractive for brokers as the most developed regional economic power, strong regulatory infrastructure and of course oil wealth.
UAE regulator Dubai Financial Services Authority (DFSA) has granted IronFX Global a license to operate as an authorized provider of margin derivatives. The DFSA is known for its strictness in supervision and highest level of compliance for its members. The DFSA is also known for its demanding entry conditions.
With a DFSA license, IronFX Global demonstrates once again demonstrated that the management is committed to expand the company to 4 corners of the world and strive to become a world dominant as the company is already among the most regulated financial institutions of the world with FSA, CySEC, ASIC, FSP of South Africa, FSP of New Zealand, CRFIN, and UCRFIN. Now with the DFSA license the company can conduct business legally in the Dubai International Financial Centre (DIFC) from their office at Emirates Financial Towers, South Tower, Office 301.
Chairman & CEO of IronFX Global, Markos Kashiouris, commented: “We are truly delighted with the decision of the DFSA to grant us with this license to operate in Dubai. This additional license symbolizes a new phase in the global growth of IronFX, as we seek to enhance our reputation as a solid firm of integrity and reliability, in the Middle East. We welcome stricter supervision from our global regulatory authorities so that our valued clients are provided with the best and safest trading experience that the forex industry has to offer.”
Exclusively to AtoZ Forex, IronFX’s Business Development Manager Yagub Rahimov said “At IronFX Global we value Global presence Local expertise.” he continued “…Dubai is an important financial hub in the Middle East with reliable and transparent DFSA regulatory body.”