Pepperstone Broadens Its UAE Operations with New Office and Category 5 License

activities including Arrangement and Advice, which allows the company to engage in regulated marketing, promotions, and advisory services targeted at professional clients and partners, strictly within the regulated onshore environment. This license empowers Pepperstone to operate transparently and uphold the international regulatory standards that cater to its clientele.

The establishment of the new Dubai office marks a pivotal moment in Pepperstone's strategy for the Middle East. It aims to foster closer relationships with local stakeholders, offering essential support in commercial activities, relationship management, and educational initiatives tailored for the local market participants. This step signifies Pepperstone's commitment to serving not only institutional partners and professional traders but also introducing brokers who will benefit from having a dedicated contact point in the region.

Gescard Hessen, who heads Pepperstone's operations in the MENA region, articulated the significance of this expansion:

“Securing our SCA Category 5 license and establishing our onshore office represents a strategic milestone for Pepperstone in the Middle East. The region is one of the most dynamic trading hubs globally. Our onshore operations allow us to maintain close proximity to our clients and partners, enabling us to respond promptly to changing market demands and deepen our involvement in the region's economic growth.”


Evidently, acquiring the SCA license complements Pepperstone's existing multiple regulatory authorizations, reinforcing its capacity to offer a consistently high-quality, well-governed trading experience to its clients. By adhering to these regulatory frameworks, Pepperstone is prepared to support professionals who expect the best in execution quality and regulatory clarity.

In addition, this license reinforces Pepperstone's existing global footprint, which includes regulatory approval from various jurisdictions such as ASIC, SCB, CMA, CySEC, FCA, BaFin, and DFSA, establishing the firm as one of the world’s leading forex brokers. Founded in Melbourne in 2010 by a group of experienced traders dedicated to enhancing the online trading experience, Pepperstone now serves over 400,000 traders worldwide, processing an average of $12.55 billion in trades daily. The company has garnered multiple prestigious awards, confirming its standing within the industry, as recognized by organizations like Investment Trends, Deloitte, and Compare Forex Brokers.

As Pepperstone continues to expand, it remains focused on providing superior trading services across multiple asset classes including forex, stocks, and commodities, while simultaneously addressing the needs and expectations of its local clientele. With these new developments, Pepperstone aims to set a higher standard in trading quality and regulatory compliance, reinforcing its mission to facilitate effective and efficient market engagement in the region.

For any further inquiries or for more details on its offerings, you can visit Pepperstone's official website.

Topics Financial Services & Investing)

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