Tradeview Announces New License From UAE Regulator

Tradeview has secured a license from the United Arab Emirates’ Securities and Commodities Authority (SCA), marking a significant step in the company’s expansion in the Middle East.

Amgad Attia, the Managing Director of Tradeview, made the annoucement today (Tuesday) on LinkedIn. The approval will enables Tradeview to operate as a regulated financial services provider in the UAE, further strengthening its presence in the region.

Approval from the Securities and Commodities Authority

“It is our pleasure to announce that Tradeview has obtained the prestigious Securities and Commodities Authority (SCA) license in the UAE. This license, alongside our other licenses, demonstrates Tradeview’s commitment to provide our clients with the best trading environment possible,” Attia informed.

Following the Expansion in Latin America

In February, Tradeview disclosed plans to expand its presence in Peru with the launch of a larger office in Lima. With a presence in Peru for more than 14 years, it announced plans to increase its business in the region by 50% this year and double it within the year.

“Tradeview is expanding its presence in Lima with a new, larger office this June, reinforcing our aggressive growth strategy across Latin America,” Timothy Furey, the Founder and CEO of Tradeview Markets, said.

“We've been active in the Peruvian market for over 14 years, and now we're scaling up. With plans to grow our business by 50% this year and double it by 2025, we're making significant investments in the region—offices, sponsorships, education, and more,” he shared.

More from the UAE: The Regulatory Playbook: Dubai Did It First, But Cyprus Can Still Do It Best

In the recent past, the UAE is attracting players in financial space. In March, CPT Markets, a 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 and contracts for differences (CFDs) brokerage firm, secured the Arrangement and Advice license from the United Arab Emirates' SCA. The approval followed CPT Markets’ expansion in Europe with an office in Larnaca, Cyprus, establishing its first physical presence within the European Union.

The SCA granted CPT Markets the authorization to conduct introductions and financial promotions in the region. With this license, CPT Markets can reportedly arrange financial products and engage in regulated promotional activities.

Around the same time, STARTRADER, another forex and CFD secured its SCA license in the United Arab Emirates, adding to its existing regulatory approvals across various global markets.