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Equiti Group Opens New European Office in Limassol, Cyprus

Source: Gin

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One month after obtaining the Cyprus license​, Equiti Group, a leading provider of online trading technology and multi-asset financial products, announced on Monday (Nov. 14, 2022) that it has opened a new regulated office in Europe in Limassol, Cyprus.

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To date, Equiti Group has established local offices across the world, including Europe, the UK, the Middle East, the Americas, Africa, and the Asia Pacific regions.

At the latest official office opening event, Mohamed Alahmad, Co-founder and Chief Managing Director of Equiti Group, said: "Equiti's new office in Limassol is a major milestone for the Group and a significant part of our global growth strategy. We are thrilled to now have a regulated operation in Cyprus to provide our global business-to-business (B2B) offering to brokers in Europe under the strict oversight of the local regulator, the Cyprus Securities and Exchange Commission (CySEC)."

Hesham Hasanin, CEO of Equiti Global Markets in Cyprus, said: "We are very excited to be in Limassol and have access to its large pool of talented people to expand our business in Europe. The welcoming hospitability and support of the local community and our partners in Limassol has been remarkable. We look forward to contributing to the country by mirroring our successes in other markets."

The group has revealed its plans of global geographical expansion in the next three years. Also, it will continue to obtain regulatory licenses in other new markets around the world.

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