INFINOX to Expand Asian Markets with New Office in Dubai

INFINOX, a London-based Forex and CFD broker, has expanded its physical presence in Asia with a new office in Dubai. 

As detailed in the official annoucement, the new office will house 20 staff and be led by Rajan Naik, Head of Global Marketing.

The company said that it grew its number of Asian clients by 102% in the 12 months to the end of March 2021. Over the same period, Asian investors traded 114% more through INFINOX’s online platform compared to the previous year. The UAE is one of INFINOX’s fastest-growing markets. Client numbers jumped by 565% across the Emirates between Q1 2020 and Q1 2021, with trading volumes surging by 142%.

Rajan Naik commented that the newly launched office is more just than a logical step in one of the company's fastest-growing markets. It’s also a statement of intent about their global ambitions.

“We now have a physical presence in the Middle East, South East Asia, Africa, Europe and Latin America, enabling us to deliver premium, personalised support to our fast-growing number of clients, both retail and institutional. In the coming months we’ll be building a 20-strong team of marketing and service specialists in Dubai. Together we’ll use our new base to drive further growth across the Middle East and Asia.”