FxPro has opened a new office in Dubai, the United Arab Emirates (UAE), to bring services closer to its regional retail and institutional clients. The broker made the announcement today (Tuesday).

The new premise is located at Office 101, Building 2, BaySquare, Downtown Dubai, the company said on LinkedIn. FxPro opened a representative office in Dubai last year, shortly after entering the Bahamas. The company has been keen to expand geographically and establish close relationships with its clientele.

London, Cyprus, Bahamas

Previously, FxPro opened offices in the City of London, Cyprus, and Monaco, and in 2021, it announced the groundbreaking news of an office building in Lyford Cay, Bahamas. Besides that, the broker has obtained regulatory approval from the UK’s Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol Read this Term), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Conduct Authority of South Africa (FSCA).

Most recently, Finance Magnates reported that FxPro had added crypto CFDs to its cTrader accounts. According to the company, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are some of the tokens supported in the accounts. These lie among a range of 28 crypto CFDs available for trading 24 hours, seven days a week.

Crypto CFDs by FxPro

Earlier, the brokerage firm introduced weekend trading on cryptocurrency CFDs for FxPro Edge CFD, FxPro MT4, and FxPro MT5 accounts. FxPro said then that the expansion in its cryptocurrency trading options was in response to rising demand in digital asset trading among its clients.

FxPro was founded in 2006 and has since expanded its trading services to retail and institutional clients in more than 170 countries, according to the information on its website. The broker offers CFDs on six asset classes: forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, shares, futures, spot energy, spot metals, and spot indices.

Besides that, the London-based broker has added CFDs on more than 2,000 globally traded stocks. Further, it offers a variety of commission-free deposit and withdrawal methods that differ by region. Deposits into the FxPro wallet can be made through bank transfers, credit and debit cards, PayPal, among other methods.

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