Scope Markets, the retail forex brokerage firm, has grown its customer network access in the Middle East and North Africa (MENA) region by introducing specific services for the local community of traders. It includes rolling our of Arabic client services and Sharia accounts, along with a range of popular instruments ranging from gold through to providing access to regional equities.
Future Expansion
The company aims
to provide personalized assistance and support to traders to ensure a smooth
trading experience and has also built specialist teams for the region.
"Our goal in the next five years is to become the world’s leading trading and investment venue by bridging the gap between the complexity of the global financial ecosystem and the everyday consumer," Pavel Spirin, the Chief Executive Officer at Scope Markets, said. "The current and the future expansionary moves reflect this vision."
Apart from Scope Markets, several other brokers are also expanding their services in the MENA region. BDSwiss, Capital.com, and CFI are some of the names that had bolstered their presence in the regions with new licenses.
Last year, Scope Markets returned to China after it
was acquired by Rostro Group. The broker, which faced regulatory hurdles and
economic downturns leading to its exit from the country in 2021, appointed a new Managing Partner to oversee operations in China, Taiwan, Hong Kong, and the
wider Asian region.
Seizing New Opportunities
Michael Ayres, the CEO of Rostro Group, expressed
enthusiasm about reconnecting with clients in China. He mentioned: "We had
built a loyal following in the country, so look forward to rekindling many of
those strong relationships, as well as working with new clients, too."
Rostro Group's acquisition
Acquisition
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Read this Term of Scope Markets marked a
significant milestone in the brokerage firm's expansion strategy. The Belize-based entity, regulated by the International Financial Services Commission, fully operates under Rostro Group. It has a presence in multiple
regions, including Cyprus, Kenya, and South Africa.
Scope Markets, the retail forex brokerage firm, has grown its customer network access in the Middle East and North Africa (MENA) region by introducing specific services for the local community of traders. It includes rolling our of Arabic client services and Sharia accounts, along with a range of popular instruments ranging from gold through to providing access to regional equities.
Future Expansion
The company aims
to provide personalized assistance and support to traders to ensure a smooth
trading experience and has also built specialist teams for the region.
"Our goal in the next five years is to become the world’s leading trading and investment venue by bridging the gap between the complexity of the global financial ecosystem and the everyday consumer," Pavel Spirin, the Chief Executive Officer at Scope Markets, said. "The current and the future expansionary moves reflect this vision."
Apart from Scope Markets, several other brokers are also expanding their services in the MENA region. BDSwiss, Capital.com, and CFI are some of the names that had bolstered their presence in the regions with new licenses.
Last year, Scope Markets returned to China after it
was acquired by Rostro Group. The broker, which faced regulatory hurdles and
economic downturns leading to its exit from the country in 2021, appointed a new Managing Partner to oversee operations in China, Taiwan, Hong Kong, and the
wider Asian region.
Seizing New Opportunities
Michael Ayres, the CEO of Rostro Group, expressed
enthusiasm about reconnecting with clients in China. He mentioned: "We had
built a loyal following in the country, so look forward to rekindling many of
those strong relationships, as well as working with new clients, too."
Rostro Group's acquisition
Acquisition
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Read this Term of Scope Markets marked a
significant milestone in the brokerage firm's expansion strategy. The Belize-based entity, regulated by the International Financial Services Commission, fully operates under Rostro Group. It has a presence in multiple
regions, including Cyprus, Kenya, and South Africa.