The SCA warns against unregulated company targeting UAE investors using Equiti's brand.
The regulator confirms that the equiiti.com website is not associated with the licensed entity.
Equiti
Group is actively collaborating with regulators to act against scammers impersonating its brand to deceive investors. The unregulated company
has been targeting the UAE community, prompting Equiti to work diligently to
protect investors and maintain industry integrity.
Equiti Group Combats
Corporate Scam Impersonating Its Brand
Mohammed
AlAhmad Ketmawi, the Co-Founder of the Equiti Group and CEO of Equiti
Securities Currencies Brokers LLC, emphasized the company's commitment to
safeguarding the community from malicious fraud.
"As an
established brand in the region, it's our commitment to ensure we can protect
the community from malicious fraud," stated Ketmawi.
The
Securities and Commodities Authority (SCA) in the United Arab Emirates has warned against unregulated companies across its official platforms. Equiti is taking every
available initiative to protect investors in the UAE and maintain industry
integrity. The company urges investors to verify regulatory details before
engaging with financial entities and promptly report any suspicious activities.
The warning
was issued on 27 March 2024, concerning MRL Investments Ltd., which uses the
website address equiiti.com, deceptively similar to that of a regulated entity.
Source: SCA
“The company is not licensed by the SCA to practice any of the activities subject to its control and supervision, and the Authority is not responsible for any dealings that take place with the aforementioned company in this capacity,” the SCA commented.
This is not the first time a fraudulent entity has impersonated Equiti. A similar situation occurred in the UK in 2019 when M.Success FX was identified as a clone of the company's local branch, Equiti Capital UK Limited.
The market watchdog added that the fraudulent company has “no connection or relationship with
Equity Securities Currency Brokerage Company LLC., licensed by the Authority,
to practice the activity of a broker in trading unregulated derivatives
contracts and currencies in the spot market.”
Equiti
Securities Currencies Brokers LLC, a subsidiary of Equiti Group, is regulated
by the SCA as a Category 1 Trading Broker for Over-the-Counter Derivatives
Contracts and Foreign Exchange Spot Markets under license number 20200000026. A year after obtaining the license, the company decided to open an office in Abu Dhabi.
Equiti
Group is actively collaborating with regulators to act against scammers impersonating its brand to deceive investors. The unregulated company
has been targeting the UAE community, prompting Equiti to work diligently to
protect investors and maintain industry integrity.
Equiti Group Combats
Corporate Scam Impersonating Its Brand
Mohammed
AlAhmad Ketmawi, the Co-Founder of the Equiti Group and CEO of Equiti
Securities Currencies Brokers LLC, emphasized the company's commitment to
safeguarding the community from malicious fraud.
"As an
established brand in the region, it's our commitment to ensure we can protect
the community from malicious fraud," stated Ketmawi.
The
Securities and Commodities Authority (SCA) in the United Arab Emirates has warned against unregulated companies across its official platforms. Equiti is taking every
available initiative to protect investors in the UAE and maintain industry
integrity. The company urges investors to verify regulatory details before
engaging with financial entities and promptly report any suspicious activities.
The warning
was issued on 27 March 2024, concerning MRL Investments Ltd., which uses the
website address equiiti.com, deceptively similar to that of a regulated entity.
Source: SCA
“The company is not licensed by the SCA to practice any of the activities subject to its control and supervision, and the Authority is not responsible for any dealings that take place with the aforementioned company in this capacity,” the SCA commented.
This is not the first time a fraudulent entity has impersonated Equiti. A similar situation occurred in the UK in 2019 when M.Success FX was identified as a clone of the company's local branch, Equiti Capital UK Limited.
The market watchdog added that the fraudulent company has “no connection or relationship with
Equity Securities Currency Brokerage Company LLC., licensed by the Authority,
to practice the activity of a broker in trading unregulated derivatives
contracts and currencies in the spot market.”
Equiti
Securities Currencies Brokers LLC, a subsidiary of Equiti Group, is regulated
by the SCA as a Category 1 Trading Broker for Over-the-Counter Derivatives
Contracts and Foreign Exchange Spot Markets under license number 20200000026. A year after obtaining the license, the company decided to open an office in Abu Dhabi.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
IG Group Expects About £300 Million Revenue in Q1 2026
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
