BitDelta Securities Secures Full CMA Category 5 Licence in the UAE - Opens Regulated Office in Dubai
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Forex and CFDs broker BDSwiss has announced that it has been granted the Category 5th license ('Financial Consultations and Introduction') by the UAE's Securities & Commodities Authority (SCA). This milestone marks BDSwiss' expansion in the Middle East and North Africa (MENA) region and reinforces its commitment to providing investment services and strengthening its global presence.
The SCA Category 5th license allows BDSwiss to operate within the UAE, offering its clients a range of financial products and services, including forex trading, CFDs, and other investment solutions. With this regulatory approval, BDSwiss aims to deliver secure and transparent trading experiences to both retail and institutional investors in the region.
Daniel Takieddine, CEO of BDSwiss MENA, commented, "This achievement is a testament to our continuous efforts to expand our footprint in the MENA region and provide exceptional services tailored to the needs of our clients in this dynamic region. With the SCA Category 5th license ('Financial Consulting and Introducing'), we are well-positioned to offer unparalleled access to global markets, supported by our robust technological infrastructure and deep market expertise."
The company states that the acquisition of the SCA license is a key step in BDSwiss' strategy to enhance its operational capabilities and service offerings in the Middle East. The company is committed to investing in the local market, fostering partnerships, and contributing to the financial industry's growth and development. BDSwiss looks forward to this new chapter, continuing its mission to provide traders and investors with tools, educational resources, and support.
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BitDelta Securities Financial Services LLC (“BitDelta Securities”) today announced that it has received full regulatory approval from the Capital Market Authority (“CMA”) of the United Arab Emirates under the Category 5 — Arrangement and Advice license framework (License No. 20200000439). The approval follows the firm's receipt of In-Principal Approval earlier this year and represents the successful conclusion of the CMA's full licensing process, including the satisfaction of capital requirements, governance appointments, and operational setup.
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