Australia based retail forex and CFDs broker Pepperstone has continued its global expansion, announcing the opening of its DFSA entity in Dubai.
The company has also established a website url geared toward UAE and Arab country traders at pepperstone.com/en-ae/.
Pepperstone had hired former IG executive Tarik Chebib to be Head of Middle East in 2018. Mr. Chebib will now also oversee the new licensed Dubai operation.
“We’re entering the Middle East market with a truly exceptional offering, providing local investors with cost-effective and technology-driven solutions to master the trade,” said Tarik Chebib, Head of Middle East. “We have a particularly experienced team here in Dubai and are united with the group’s genuine commitment to helping our clients on their trading journeys.”
“This year marks the 10th anniversary of Pepperstone and we are excited to celebrate it with the opening of our new office in the DIFC.”
As one of the largest MetaTrader brokers in the world, Pepperstone said that its vision is a world of digitally-enabled trading for traders to embrace the challenge and opportunity of global markets.
Pepperstone was first established in 2010 in Australia. It received an FCA license in the UK in 2015.
The company said that its expansion to DIFC ensures Pepperstone is well-positioned to offer more traders in the Middle East an unparalleled trading experience along with access to more of the world’s markets at the best possible price.
“Thanks to our presence in Dubai, Pepperstone can establish even closer ties with our clients in the Middle East. Dubai is a significant global financial hub and we look forward to bringing our expertise and technology to the local investors,” said Tamas Szabo, Group CEO of Pepperstone.
“The launch of our new office is a significant growth opportunity and we’re excited about Pepperstone’s future in the region.”