CPT Markets Secures UAE License For Financial Advisory Services

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CPT Markets, a forex and CFDs brokerage, received the Arrangement and Advice license from the UAE’s Securities and Commodities Authority (SCA). This license came as the company grew in Europe by opening an office in Larnaca, Cyprus, its first real office in the European Union.

With this license, CPT Markets can share financial advice and market ideas in the area. The company can now show clients different financial products and help them understand them better. This approval helps the company grow in the UAE.

CPT Markets Expands With New License To Strengthen European Growth

The company said this new status is a big step, letting it help clients and share market ideas. CPT Markets works in many places, giving trading services for different assets. This new license shows the company wants to follow rules in important markets.

The Cyprus office started with 15 people working in different jobs like operations, support, payments, risk management, and compliance. Ioan Mihalachi was picked to lead the office. Before joining CPT Markets, he was the head of Multibank’s Cyprus office, where he helped the company get a license.

Mihalachi said Cyprus is a good place for financial services because it has many skilled workers in trading. He said the new office’s main job is to make the company’s work better.

CPT Markets gives trading services for margin forex, CFDs on indices, commodities, stocks, and cryptocurrencies. The company has five licenses but does not have one in the EU yet. It plans to ask for a Cyprus Investment Firm license (CIF) from CySEC to grow more in Europe.

CPT Markets UK Offers Safe And Clear Trading Space For Global Investors

CPT Markets UK, once known as Citypoint Trading Ltd, started in London as a brokerage for different assets. The company helps investors reach global markets and gives each client a single point of contact.

The company wants to make a safe and clear space for people who want to trade in global markets. Based in London, it follows all FCA rules and offers services for listed equities, futures, options, forex, and CFDs. Clients get fast and fair prices with strong risk control.

CPT Markets UK, before known as Citypoint Trading Ltd, began in London as a place where people can trade different assets. The company’s goal is to help investors reach markets around the world while keeping things simple with one contact point for each client.

The company wants to give a safe and clear place for trading. It follows all FCA rules and offers services for stocks, futures, options, forex, and CFDs, giving clients quick and fair prices with strong risk control.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.