PC: Zawya
ICM.com, leading global multi-asset brokerage firm, has just been awarded Securities and Commodities Authority (SCA) license, which is a huge celebration, to boost its growth strategy inside the UAE. The accomplishment bears out ICM.com‘s dedication to providing successful, transparent and world class solutions in among the quiet regions of the area’s financial hub of the time.
And with Dubai’s acceleration as the leading financial hub in the Middle East buoyed by accelerating inflows of global investors, fintech startups and global financial institutions, the acquisition happens at the right time. As an inviting haven for traders and investors looking for a safe and thriving market, the city is well endowed with a business-friendly environment, advanced infrastructure and the progressive regulations.
As a firm regulated by the SCA license, ICM.com has proven its commitment to regulatory excellence, its financial transparency, and its commitment to the protection of its investors. ICM mena is a division of ICM.com, a broker which is now properly regulated under the SCA, and with this, it is now licensed to do promotion and promotion in the UAE and it is working under one of the most respected regulated regulatory bodies in the region. Industry under CEO Shoaib Abedi said the company was pleased to obtain a license from SCA, which he called a big step on the global expansion strategy. In addition to an extremely attractive financial ecosystem Dubai has, this regulatory approval helps ICM.com continue to access the widest client base within the UAE, yet in full compliance with local regulations, he noted.
Over the years, Dubai has turned into a home for leading financial institutions, high net worth investors, and the global fintech innovation, making it the “Wall Street of the Middle East.” Financial regulations in the city are progressive, and the city is a marker of tax advantages and a well-established lifestyle for traders, hedge funds, and institutional investors. Dubai’s vision in becoming a global leader in the financial services is complemented by ICM.com’s SCA license approval, allowing traders to trade safely, regulated, and cutting edge trading options.
ICM.com is a global, multi-regulated forex and CFD broker founded in 2009 and known worldwide. ICM.com also boasts licenses from the top tier regulators in the UK—FCA, UAE—FSRA ADGM & FSC (Mauritius) and FSC (Seychelles) amongst others, providing it with a distinct edge in terms of security, transparency and innovation in offering trading solutions.
Consequently, the acquisition of the SCA license through the deal of ICM.com is a significant turn of events for ICM.com as it enables it to offer clients services in the UAE and further consolidates its position as a giant in the global financial services industry.
