Sep 10, 2024, 11:30 AM
Sep 10, 2024, 11:30 AM

Naqdi secures SCA license in Dubai, boosting transparency and innovation

Highlights
  • Naqdi Securities and Currencies Brokers LLC secured the SCA license on September 10, 2024.
  • The SCA license allows Naqdi to operate under stringent regulatory standards, enhancing its offerings for retail and institutional clients.
  • This achievement positions Naqdi as a key player in the UAE's financial market, reinforcing its commitment to transparency and innovation.
Story

Naqdi Securities and Currencies Brokers LLC has achieved a significant milestone by securing the Securities and Commodities Authority (SCA) license in Dubai on September 10, 2024. This license is recognized as one of the most stringent regulatory approvals in the UAE, ensuring that licensed entities maintain high standards of financial practice and governance. The CEO, Zia Ur Rehman, expressed enthusiasm about this achievement, emphasizing the company's commitment to regulatory compliance and client satisfaction. The acquisition of the SCA license positions Naqdi to enhance its offerings in the UAE financial market, catering to both retail and institutional clients. This strategic move aligns with the growing demand for reliable and regulated trading platforms in the region. Naqdi aims to empower traders by providing advanced tools and seamless access to global markets, thereby improving the overall trading experience. As the UAE's financial sector continues to grow rapidly, Naqdi's commitment to integrity, transparency, and excellence in customer service becomes increasingly vital. The CAT-5 SCA license (#20200000150) not only allows Naqdi to operate within the highly regulated financial landscape of the UAE but also establishes the company as a key player in the region's financial markets. Looking ahead, Naqdi is poised to leverage this license to expand its client base and enhance its product offerings. The company is dedicated to providing a personalized trading experience that meets the evolving needs of traders in the UAE and beyond, ensuring that it remains at the forefront of the financial industry.

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