Plus500, a leading online trading platform, has announced that it has received a license from the Dubai Financial Services Authority (DFSA), allowing the company to offer its services to customers in the United Arab Emirates.
- This marks a major milestone for Plus500, as the DFSA is one of the most stringent regulatory bodies in the world, known for its strict standards and rigorous oversight. Obtaining a license from the DFSA demonstrates Plus500’s commitment to transparency and customer protection, as well as its ability to meet the highest standards of financial regulation.
- The DFSA license will allow Plus500 to offer its services, including forex, CFDs, and commodities trading, to customers in the UAE. With a growing number of retail investors in the region, the new license is expected to significantly increase Plus500’s customer base and help the company establish a strong presence in the Middle East.
“We are very proud to have received this license from the DFSA, which is a testament to the quality of our platform and the dedication of our team,” said David Zruia, CEO of Plus500. “We look forward to serving customers in the UAE and helping them achieve their trading goals.”
In recent years, Plus500 has established itself as a leading provider of online trading services, offering a user-friendly platform and a range of educational resources to help customers make informed trading decisions. With the new DFSA license, the company is well-positioned to continue its growth and expand its reach in the Middle East.
The acquisition of the DFSA license is part of Plus500’s ongoing efforts to meet the regulatory requirements of the markets it serves and to provide its customers with a secure and trustworthy platform for trading. Read Why Trade with Dubai DFSA Regulated Brokers.
Plus500 is a leading online trading platform that offers a range of financial instruments for trading, including forex, contracts for difference (CFDs), commodities, stocks, indices, and cryptocurrencies. The company was founded in 2008 and is headquartered in Israel.
Plus500 operates a user-friendly trading platform that is accessible to both novice and experienced traders. The platform offers a range of tools and resources to help traders make informed trading decisions, including charts, live market updates, and a range of educational materials.
In addition to its trading platform, Plus500 is known for its competitive fees and spreads, and for its fast and reliable order execution. The company is regulated by several leading financial regulators, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC).