ActivTrades PLC, a UK-based global regulated brokerage dealing in foreign exchange (Forex) and Contract for Differences (CFDs), today opened its office in the Dubai International Financial Centre (DIFC), based on a license from the Dubai Financial Services Authority (DFSA), its first in this region.

ActivTrades provides clients with services for online Forex and CFD trading, including indices and commodities, through its own platform as well as the MetaTrader platform.

"We recognised an increasing engagement from our Middle East clients who make up a significant portion of our overall client base. There were two elements to our decision to open our office in Dubai. By our presence on the ground here, we want to help our clients and prospective customers understand the advantages of working with the regulated firms," said Georges Batrouni, ActivTrades’ Middle East Manager.

"A good understanding of how the markets work at a macro- and micro-economic level is needed, said Mohamed Elhoussien Mokhtar, a member of ActivTrades Dubai sales team Currently. "Our clients are looking to move away from traditional assets to oil, gold and Forex to diversify their portfolio."

ActivTrades said it will run in-person seminars and training courses on regular basis starting from the end of March. Clients will also have access to international webinars to gain access to the products that brokerage offers.

source: WAM