Plus500 expands MENA presence with DFSA license

Plus500 has expanded its presence in the Middle East by obtaining a license from the Dubai Financial Services Authority (DFSA).

Plus500 offers CFD trading services on various assets, such as stocks, indices, cryptocurrencies, ETFs, and options. Over the last three years, the company has obtained licenses in the United States, Japan, Estonia, and Seychelles. It got into the US and Japanese markets by buying two companies that were already established there.

With a DFSA license, the broker will have a lot of room to grow, and traders in the United Arab Emirates will be able to choose from a wide range of financial instruments.

“We are pleased to receive license approval from the DFSA in the UAE, and we are excited to bring our cutting-edge technology capabilities to customers in the region." "This is the latest implementation of our strategy to expand into new markets, develop new products, and deepen interactions with our customers,” Plus500's CEO commented.

The DFSA license is very important for brokers who want to enter the Middle Eastern markets in a legal way. More about Plus500 can be learned by following these links:

Plus500 review of trading instruments: CFDs on Forex, commodities, indices, Crypto, and more

Plus500 demo account review: trading instruments, risk management tools, and Forex analytics