Interactive Brokers Announces Opening of New Office in DIFC Dubai

Interactive Brokers, an automated global electronic broker, announced the opening of a new office in Dubai International Financial Center (DIFC). This office, established as a branch with a Category 4 license from the Dubai Financial Services Authority (DFSA), will service clients in and from DIFC by facilitating access to brokerage and associated services provided by or through Interactive Brokers in the UK.

The establishment of this office extends Interactive Brokers' global reach and aims to enhance its growth in the Middle East and North Africa (MENA) region, along with surrounding countries.

Interactive Brokers highlighted that the new office will not only bolster its presence in the Middle East but also support its strategy of offering global clients cost-effective brokerage services, enabling easy access to global markets trading. Active traders, high-net-worth investors, and a range of wealth management institutions, including local banks, hedge funds, and family offices in the region, can benefit from Interactive Brokers' advanced trading technology and tools, competitive pricing, and diverse selection of investment products, said Interactive Brokers.

“Opening an office in DIFC underscores our commitment to focusing on clients in this important region and connecting investors worldwide to global markets,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “DIFC is quickly becoming a global financial hub known for embracing technology, and we are pleased to solidify our presence in the market and serve local investors.”