Interactive Brokers, a global leader in automated electronic brokerage, has officially opened a new office in the Dubai International Financial Center (DIFC), marking its entry into the Middle East market.
This move aligns with the broker’s strategy to offer global clients cost-effective access to international markets. The new office will cater to active traders, high-net-worth investors, and wealth management institutions such as local banks, hedge funds, and family offices across the region.
The UAE’s financial services industry is experiencing rapid growth, driven by an increasing number of individuals seeking to engage in financial markets. With over three million clients across more than 200 countries and territories, Interactive Brokers is well-positioned to support the financial goals of both individual and institutional investors in this expanding region.
Clients of Interactive Brokers can trade on 150 markets worldwide, accessing a broad range of investment products, including global stocks, options, futures, currencies, bonds, and funds, all from a single platform. With the ability to fund accounts in up to 27 different currencies, investors can easily build diversified portfolios across regions and markets, mitigating political or economic risks while capitalizing on global investment opportunities.
In addition to its trading capabilities, Interactive Brokers provides a comprehensive wealth management solution for financial advisors, as well as prime brokerage services for hedge funds and introducing brokers. Family offices can benefit from advanced trading tools, global market access, and cash management solutions to help manage their assets efficiently.
Milan Galik, CEO of Interactive Brokers, commented,
"Opening our office in DIFC highlights our commitment to serving clients in this vital region and connecting investors to global markets. DIFC is rapidly becoming a global financial hub, known for its embrace of technology, and we are excited to establish our presence and serve local investors."
The DIFC office is a key step in Interactive Brokers’ plan to expand its reach in the Middle East and North Africa (MENA) region. Operating under a Category 4 license from the Dubai Financial Services Authority (DFSA), the office will offer brokerage and associated services to clients in the region, facilitated through Interactive Brokers’ UK operations.
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