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BDSwiss Receives Category 5th License from UAE's SCA

2024-06-07 BrokersView

BDSwiss Receives Category 5th License from UAE's SCA

Forex and CFDs investment services broker BDSwiss has received the Category 5th (Financial Consultations and Introduction) license by the UAE's Securities and Commodities Authority (SCA), with the aim of providing local retail and institutional clients with an enhanced, secure and transparent trading experience under a financial authorization.

 

Receiving the license from the SCA is a significant milestone for BDSwiss, marking the company's strategic expansion into the Middle East and North Africa (MENA) region, reinforcing its commitment to providing top-tier investment services and strengthening its global presence. It is also a pivotal step in BDSwiss' strategy to enhance its operational capabilities and service offerings in the MENA region.

 

By holding a Category 5 license, BDSwiss is authorized to conduct business in the UAE and is able to offer its clients a wide range of financial products and services including FX and CFDs.

 

BDSwiss is committed to investing in the local market, fostering partnerships and contributing to the growth of the local financial sector.

 

Daniel Takieddine, CEO of BDSwiss MENA, stated: “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 markets expertise.”

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