FxPro To Expand Regional Presence With New Dubai Office
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FxPro has launched a new office location in Dubai. The office will help the broker to expand its presence across the United Arab Emirates and the entire region. The newly-launched services will target retail and institutional clients in the region.
FxPro opens a new office in Dubai
An announcement by the company said that the new location would be at Office 101, Building 2, BaySquare, in Downtown Dubai. The development comes after FxPro opened another representative office last year based in Dubai.
The launch of the new office location in Dubai comes after the company set up a new location in the Bahamas. The company has also been committed to growing its geographical presence while also creating close relationships with the clientele.
The United Arab Emirates is not the only region that FxPro to which FxPro is expanding its services. In 2021, the broker opened a new office location at a building in Lyford Cay in the Bahamas.
The brokerage company has also secured regulatory approval from the UK financial market regulator, the Financial Conduct Authority (FCA), the Financial Conduct Authority of South Africa (FSCA), and the Cyprus Securities and Exchange Commission (CySEC).
FxPro expands services with crypto CFDs
Besides expanding its geographical presence, FxPro has also been expanding the services that are available on the platform. FxPro recently integrated crypto CFDs into the cTrader accounts.
The company said that Bitcoin, Ethereum, and Ripple were some of the tokens that would be supported by the CTrader accounts. The integration will add to the range of 28 crypto CFDs that can be traded on the platform 24 hours, seven days per week.
The brokerage announced the launch of weekend trading for crypto CFDs for the FxPro Edge CFD, FxPro MT4, and FxPro MT5 accounts. At the time, FxPro said that the expansion of the available crypto trading options was a response to the growing demand for digital asset trading among the platform’s users.
FxPro is a brokerage platform whose services went live in 2006. The platform has since expanded the available trading services to support retail and institutional clients in over 170 countries, according to the data posted on the website.
The brokerage platform also supports CFDs across six asset classes, including forex, spot metals, spot indices, shares, spot energy, and futures. The brokerage platform that is based in London has also integrated CFDs on over 2,000 stocks that are traded globally.
The broker also provides access to commission-free deposit and withdrawal features whose availability differs by region. The deposits made into FxPro wallets can be facilitated by bank transfers, credit cards, debit cards, PayPal, and other supported payment methods.
