FX and CFDs brokerage Windsor Brokers has expanded its operations in the Middle East, culminating in the launch of its subsidiary in Jordan. Per the new approval, the Cyprus-based broker has received a Jordan Securities Commission (JSC) license, which allows it to provide financial advisory and brokerage services in the local market.
Based out of Amman, Windsor Brokers is the latest financial services provider to secure both a local and international brokerage license with the JSC. Interest in the domestic market has certainly been on the uptick, with a JSC license being awarded to Equiti earlier last year.
Windsor Brokers will now be able to leverage its expertise in western markets by focusing on a wide range of brokerage services on a domestic and regional scale. This includes providing investors with exposure to multiple investment products, including contracts-for-difference (CFDs), FX, bullion, commodities, and indices and could be extended to other locally-listed assets.
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Commenting on the news, Windsor Brokers CEO Johny Abuaitah, stated: “We have always made it our mission to facilitate investors’ access to the financial markets by providing regulated and transparent trading practices, as well as unrivaled customer support. The opening of our new Jordan office will give Windsor Brokers a more direct interaction with the Jordanian clients. It is a project we have been working on for a while now and we are extremely confident that our Jordan based team is dedicated and ready to cater to clients from Jordan and the Middle East.”
With the addition of its license in Jordan, Windsor Broker brands now have three licenses across the world. Windsor Brokers Ltd is regulated in Cyprus and operates under its CySec license. Windsor Brokers BZ Ltd in Belize is licensed by IFSC and Seldon Investments Ltd in Jordan.