just now
June 17, 2022 - ATFX announced its foray into the LEVANT region through a Jordan partnership with Amman-based brokerage & investment firm ASWAQ Invest.
By adding Jordan Securities Commission (JSC) to its list of regulators, the brokerage firm headquartered in Hong Kong has now expanded its list of offices to 14 across the world. The partnered entity will now offer clients services including FX/CFD trading, training and education.
Commenting on the expansion, Joe Li, Chairman of ATFX, said "The past few years has seen Jordan re-emerging as a strong financial center in the region with the establishment of a robust regulatory framework under the JSC. This has led to further stabilization of the trading environment resulting in a safer and secure marketplace for traders. In keeping with our continuous growth into regulated markets and a focus on providing our traders with real value and trading security, we are pleased to be a part of this strong framework and environment."
AFTX said that the Middle-East region has always been important for growth. Last year, the broker was in the top 5 Global Broker's list for volumes recorded on MT4 and MT5. The MENA region was a contributor in this growth and the new Amman office of EMGCM is intended to boost this even further.
ATFX's regional CEO for the MENA region, Tarek Aridi said, "This move into Jordan has always been planned as an organic extension of our rapid growth and it is no coincidence that this Amman venture has materialized for us this year. We took our time to ensure that we have a strong partner with a trusted reputation in the region, which will not only be mutually beneficial to ATFX and EMGCM, but also to the wide array of clients that we serve with focused dedication and passion."
In the past couple of years, ATFX has transitioned from being a retail broker to a multi-asset institutional broker. It has recently partnered with technology providers and investment groups to expand operations globally.
