Taurex Secures Category-Five License from UAE’s Securities and Commodities Authority
Monday,02/12/2024|17:42GMTby
FM
This achievement is just the beginning of Taurex’s vision for growth.
Taurex, the multi-regulated, multi-asset broker and a global leader in online Forex and CFDs trading, is proud to announce that it has expanded its regulatory licenses with the receipt of an Arrangement and Advice license from the United Arab Emirates (UAE) Securities and Commodities Authority (SCA). SCA’s Category 5 license allows Taurex Financial Services L.L.C. to promote, introduce clients, and provide financial consultations.
The UAE’s financial market has emerged as a hub of global innovation, attracting ambitious traders and investors from diverse backgrounds. With the SCA license, Taurex is well-positioned to support this dynamic community by providing tailored financial consultancy and analysis, as well as arranging and referring clients to its affiliated regulated brokerages.
“Obtaining the SCA license allows us to serve traders in the UAE with the highest standards of integrity and professionalism,” said Nick Cooke, Taurex's CEO Taurex, adding, “Our goal is to empower traders in the region with cutting-edge technology, personalised support, and a trading experience that is both secure and fully compliant with local regulations.”
Commitment to Regulatory Excellence
Along with operating regulated brokerages under the Financial Conduct Authority (FCA) in the United Kingdom and the Financial Services Authority (FSA) in the Seychelles, the addition of the SCA license in the UAE reinforces Taurex’s reputation as a trusted partner for traders worldwide and provides confidence that they will benefit not only from the protections and transparency offered by one of the most stringent financial regulatory authorities but also from the security of working with a company that is committed to fostering a culture of financial integrity, client protection, and setting an industry standard for regulated practices in online trading globally.
“Global compliance is not just a requirement; it’s a responsibility. This license signifies our dedication to upholding these principles, ensuring that our traders can trust us to operate with the highest standards of integrity worldwide,” Nick Cooke added.
This commitment to regulatory excellence combined with Taurex’s secure trading environment and local presence in the UAE are the cornerstones for building trust, stability and a long-term presence in the region.
This achievement is just the beginning of Taurex’s vision for growth. Looking ahead, Taurex plans to expand its operations in the UAE by investing in local expertise to provide services tailored to the UAE market while continuing to focus on innovation in their trading solutions, further expansion of their regulatory licenses, and seeking out new collaborations and partnerships to bring traders the best opportunities in the market.
Taurex, the multi-regulated, multi-asset broker and a global leader in online Forex and CFDs trading, is proud to announce that it has expanded its regulatory licenses with the receipt of an Arrangement and Advice license from the United Arab Emirates (UAE) Securities and Commodities Authority (SCA). SCA’s Category 5 license allows Taurex Financial Services L.L.C. to promote, introduce clients, and provide financial consultations.
The UAE’s financial market has emerged as a hub of global innovation, attracting ambitious traders and investors from diverse backgrounds. With the SCA license, Taurex is well-positioned to support this dynamic community by providing tailored financial consultancy and analysis, as well as arranging and referring clients to its affiliated regulated brokerages.
“Obtaining the SCA license allows us to serve traders in the UAE with the highest standards of integrity and professionalism,” said Nick Cooke, Taurex's CEO Taurex, adding, “Our goal is to empower traders in the region with cutting-edge technology, personalised support, and a trading experience that is both secure and fully compliant with local regulations.”
Commitment to Regulatory Excellence
Along with operating regulated brokerages under the Financial Conduct Authority (FCA) in the United Kingdom and the Financial Services Authority (FSA) in the Seychelles, the addition of the SCA license in the UAE reinforces Taurex’s reputation as a trusted partner for traders worldwide and provides confidence that they will benefit not only from the protections and transparency offered by one of the most stringent financial regulatory authorities but also from the security of working with a company that is committed to fostering a culture of financial integrity, client protection, and setting an industry standard for regulated practices in online trading globally.
“Global compliance is not just a requirement; it’s a responsibility. This license signifies our dedication to upholding these principles, ensuring that our traders can trust us to operate with the highest standards of integrity worldwide,” Nick Cooke added.
This commitment to regulatory excellence combined with Taurex’s secure trading environment and local presence in the UAE are the cornerstones for building trust, stability and a long-term presence in the region.
This achievement is just the beginning of Taurex’s vision for growth. Looking ahead, Taurex plans to expand its operations in the UAE by investing in local expertise to provide services tailored to the UAE market while continuing to focus on innovation in their trading solutions, further expansion of their regulatory licenses, and seeking out new collaborations and partnerships to bring traders the best opportunities in the market.
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DISCLAIMER:
The views and opinions expressed in this webinar are those of the speakers and do not necessarily reflect the views or positions of any entities they represent (including, but not limited to their respective parent companies or affiliates). The views and opinions expressed are based upon information the speakers consider reliable and are intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. No party (speaker or the entities they represent) makes any warranty or representation as to the completeness or accuracy of the information within this webinar, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.
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