The new office, located in the Emirates Financial Towers, will provide local traders with access to a wide range of trading products, including currencies, commodities, and indices.

The move comes shortly after Tickmill secured a license from the Dubai Financial Services Authority (DFSA) and incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

The Dubai license allows Tickmill to provide its range of FX and CFDs products to retail and professional clients not only in the UAE but also to expand the offering to the other GCC states, meaning Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and North Africa.

The decision to expand into Dubai was driven by the region’s growing demand for online trading services and the city’s position as a major financial hub. Dubai is home to a large number of high-net-worth individuals and institutional investors, making it an attractive destination for forex brokers looking to expand their customer base.

Within Dubai’s International Financial Centre, the DFSA is the regulatory authority that issues all Forex Broker licenses and regulates all financial and subsidiary services conducted. The DFSA has been receiving increased interest from authorized firms and global brokers to offer FX trading to retail customers in or from the DIFC.

Tickmill’s new office will be headed by Joseph Dahrieh and staffed by a team of different functions, who will provide local traders with personalized assistance and support. In his role as country manager and market strategist, Joseph has been helping the brand expand in the region for over 5 years.

In addition to providing trading services, the new office will also serve as a hub for education and training as the company plans to host regular seminars and training sessions for local traders.

The opening of the new office in Dubai is part of Tickmill’s wider expansion plans, which include opening new offices in other key markets around the world. Established in 2014 with headquarters in the United Kingdom, Tickmill is a group of companies with UK FCA, CySEC, SC FSA, South Africa FSCA and Labuan FSA licenses.