Naqdi Securities and currencies brokers LLC has secured a Securities and Commodities Authority (SCA) license in the United Arab Emirates.
The UAE-based financial services provider aims to become a leading player in the region’s industry and the SCA license will allow Naqdi to provide a compliant offering for the modern trader in the MENA region.
Naqdi has SCA-licensed offering for retail and institutional clients
Zia Ur Rehman, CEO of Naqdi Securities and currencies brokers LLC, said: “We are thrilled to receive the SCA license, which reflects our dedication to providing a secure, transparent, and innovative trading platform for our clients in the UAE and beyond. This milestone is a testament to our commitment to upholding the highest standards of regulatory compliance and client satisfaction. We believe that this license will further strengthen our relationship with our clients and partners, ensuring that Naqdi remains at the forefront of the industry.”
The SCA license requires all licensed entities to adhere to the highest standards of financial practice and governance in the UAE, thus making Naqdi a trustworthy and reliable trading partner with an enhanced ability to offer a secure and transparent trading environment for its clients.
Naqdi plans to expand its offerings in the UAE, including an enhanced suite of trading products and services that cater to both retail and institutional clients.
The CAT-5 SCA license (#20200000150) enables Naqdi Securities and currencies brokers LLC. to operate within the UAE’s highly regulated financial landscape, allowing clients to trade with greater confidence, knowing that they are engaging with a licensed and regulated entity committed to safeguarding their interests.
