STP receives DFSA approval to provide prime brokerage services.
The move aims to cater to the needs of increasing HNWIs, and institutional investors.
The skyline of Dubai
STP, a
Dubai Financial Services Authority (DFSA)-licensed prime brokerage firm, has
announced the expansion of its services with local regulator's endorsement. The firm is
introducing a comprehensive suite of prime brokerage services to meet the
growing demand from high net-worth individuals (HNWIs), regional institutional
investors and family offices.
STP Meets the Rising
Demand for Prime Brokerage Services in UAE
The launch
of STP's new services comes amid a time of significant financial growth in the
United Arab Emirates (UAE). As the Dubai International Financial Centre (DIFC)
reported, assets under management saw a notable increase of 20% in 2022.
The UAE is
expected to lead the global attraction of private wealth over the next
half-decade, according to a report by Henley & Partners in 2022, adding an
estimated 4,000 millionaires to its economy. With over 55,000 HNWIs residing in
Dubai alone, STP aims to equip these wealthy individuals and mid-size
institutional investors with top-tier prime brokerage services.
Waleed Gheith, STP
"The
financial market growth in the UAE is creating significant prime brokerage
service demands," Anthony Hallside, the CEO of STP, explained. "We
are prepared to fulfill this need with our extensive service suite and expert
professional team."
Hallside
noted the industry's current challenges, such as escalating operating costs,
the need for digital integration, cybersecurity risks, and evolving market
trends. STP has designed a tailored prime broker solution to manage these
issues, offering first-rate functionality to manage both proprietary and end-client
assets.
STP Uses Advanced
Technology
The firm
leverages advanced trading platforms, algorithmic tools, and real-time market
data to equip clients with insightful investment decision data and stay ahead
in the rapidly changing financial landscape, shared Waleed Gheith, STP's
Director of Operations.
STP
provides execution, custody, and settlement services via globally recognized
tier 1 providers, foreign exchange, and lending across all major asset classes
at a significantly reduced cost.
Based in
the DIFC, STP offers a professional suite of services, which includes trade
execution, securities lending, custody, high-tech reporting, and fund distribution
services.
More Brokers Join MENA
A few months
ago, Plus500 (LON: PLUS) entered the lucrative markets in the Middle East by
obtaining a license from the DFSA. The company, listed in London, emphasized that
the newly acquired license presents a remarkable opportunity for growth. It
enables the broker to broaden its range of services and cater to customers in
the United Arab Emirates.
In the meantime,
Finance Magnates reported that Zenfinex, a London-headquartered FX and
CFDs broker, has gained a DFSA license to expand its services in the region. In
addition to obtaining licenses, the company welcomed several high-level
executives to its team; Alexander Kritiotis joined as the Chief Operating
Officer; Zahid Mahmood assumed the role of Chief Risk Officer; and Joe Tom
Nyama was appointed as Head of Africa.
Moreover, the DFSA released its new strategy for 2023-2024, focusing on better client protection. Fighting
financial crime is currently one of the main goals, which involves actively
supporting local authorities in their efforts to implement the Financial Action
Task Force (FATF) recommendations.
STP, a
Dubai Financial Services Authority (DFSA)-licensed prime brokerage firm, has
announced the expansion of its services with local regulator's endorsement. The firm is
introducing a comprehensive suite of prime brokerage services to meet the
growing demand from high net-worth individuals (HNWIs), regional institutional
investors and family offices.
STP Meets the Rising
Demand for Prime Brokerage Services in UAE
The launch
of STP's new services comes amid a time of significant financial growth in the
United Arab Emirates (UAE). As the Dubai International Financial Centre (DIFC)
reported, assets under management saw a notable increase of 20% in 2022.
The UAE is
expected to lead the global attraction of private wealth over the next
half-decade, according to a report by Henley & Partners in 2022, adding an
estimated 4,000 millionaires to its economy. With over 55,000 HNWIs residing in
Dubai alone, STP aims to equip these wealthy individuals and mid-size
institutional investors with top-tier prime brokerage services.
Waleed Gheith, STP
"The
financial market growth in the UAE is creating significant prime brokerage
service demands," Anthony Hallside, the CEO of STP, explained. "We
are prepared to fulfill this need with our extensive service suite and expert
professional team."
Hallside
noted the industry's current challenges, such as escalating operating costs,
the need for digital integration, cybersecurity risks, and evolving market
trends. STP has designed a tailored prime broker solution to manage these
issues, offering first-rate functionality to manage both proprietary and end-client
assets.
STP Uses Advanced
Technology
The firm
leverages advanced trading platforms, algorithmic tools, and real-time market
data to equip clients with insightful investment decision data and stay ahead
in the rapidly changing financial landscape, shared Waleed Gheith, STP's
Director of Operations.
STP
provides execution, custody, and settlement services via globally recognized
tier 1 providers, foreign exchange, and lending across all major asset classes
at a significantly reduced cost.
Based in
the DIFC, STP offers a professional suite of services, which includes trade
execution, securities lending, custody, high-tech reporting, and fund distribution
services.
More Brokers Join MENA
A few months
ago, Plus500 (LON: PLUS) entered the lucrative markets in the Middle East by
obtaining a license from the DFSA. The company, listed in London, emphasized that
the newly acquired license presents a remarkable opportunity for growth. It
enables the broker to broaden its range of services and cater to customers in
the United Arab Emirates.
In the meantime,
Finance Magnates reported that Zenfinex, a London-headquartered FX and
CFDs broker, has gained a DFSA license to expand its services in the region. In
addition to obtaining licenses, the company welcomed several high-level
executives to its team; Alexander Kritiotis joined as the Chief Operating
Officer; Zahid Mahmood assumed the role of Chief Risk Officer; and Joe Tom
Nyama was appointed as Head of Africa.
Moreover, the DFSA released its new strategy for 2023-2024, focusing on better client protection. Fighting
financial crime is currently one of the main goals, which involves actively
supporting local authorities in their efforts to implement the Financial Action
Task Force (FATF) recommendations.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
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We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
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We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
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👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
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🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
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In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
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You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
