There’s a new regulated broker in Abu Dhabi – Finior Capital. A self-proclaimed “elite broker,” the firm has just launched its website and is now onboarding professional traders and investors, the company announced this week.
In Abu Dhabi, the broker is licensed by the Abu Dhabi Global Market (ADGM) as well as by the Financial Services Regulatory Authority. The firm is one of the first brokerage houses to be licensed by both, the statement said.
Finior Capital offers foreign exchange (forex) trading, commodities, and indices, according to the company’s website. To set itself apart, the company offers its professional traders raw spreads on all their trading products.
The broker is being led by Mehdi Chennour, the company’s Chief Executive Officer (CEO). Previously, Chennour was the head of operations at Blackwell Global. The team that he is leading now has more than ten years of experience in many European, Middle Eastern, and Asian financial institutions, including PhillipCapital and ADSS.
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Commenting on the new broker, Chennour said: “Finior Capital has been designed to offer innovative investment solutions for professional traders -leaving a global footprint of client satisfaction worldwide.
“Every day, we take a step forward, presenting advanced technology and high standard services. We intend to continue taking progressive steps forward as we expand our offerings and as the years’ plans unfold.”
Trading available through MT5 on Finior Capital
Clients of the broker will be able to trade via Metaquotes updated electronic trading platform, MetaTrader 5, which is available on desktop, web, and mobile. Furthermore, the broker will use LD4 direct connections and has partnered with Tier 1 banks to allow traders to make direct deposits into their accounts.
“We are grateful to have Mr. Mehdi Chennour to help us execute our growth plans. We are committed to investing significant resources into his strategy for our business,” added the chairman of the board of Finior Capital.