Add Fazzaco to desktop

Add Fazzaco to desktop

Access Fazzaco from desktop next time

Add now
English

FXTM Expands in Middle East and Asia, Upgrades UAE License

Source: Valerie

a03fe01f77bfffab83f40c99dc0b44a.jpeg

Recently, FXTM, a globally leading trading technology and financial services brand, announced a series of key strategic initiatives aimed at further strengthening its presence in high-growth markets such as the Middle East and Asia.

UAE License Upgrade to Support Regional Expansion

As part of its efforts to deepen its footprint in the Middle East, FXTM is progressing with the upgrade of its license under the regulatory framework of the UAE Capital Market Authority (CMA). The company plans to upgrade its current Category 5 license to a Category 1 license.

This upgrade is expected to significantly expand FXTM’s regulated business scope in the UAE, enabling it to offer a broader range of investment and trading services to clients across the region.

Strategic Partnership in Indonesia to Expand Asian Presence

Alongside its Middle East expansion, FXTM is also planning to establish a strategic partnership with Invetra (PT Invetra Teknologi Berjangka), a fully licensed brokerage in Indonesia regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI).

Under this partnership, Invetra will leverage FXTM’s proprietary multi-asset trading technology platform to deliver compliant trading services to the local market. This collaboration will allow Indonesian clients to access internationally standardized trading tools and execution capabilities while fully adhering to local regulatory requirements.

Voluntary Surrender of FCA License as Part of Strategic Refocus

As part of a broader global strategic realignment, FXTM has voluntarily initiated the process of surrendering its license with the UK Financial Conduct Authority (FCA).

Following a comprehensive internal review, the company concluded that the UK retail market no longer aligns with its current core business priorities. This decision reflects a more focused allocation of resources, with greater emphasis placed on markets in the Middle East and Asia, which are seen to offer clearer long-term growth potential and better alignment with FXTM’s product-driven business model.

Continued Commitment to Global Presence and Client Service

As these strategic adjustments progress, FXTM will continue to operate in line with its established strategy—maintaining a global presence while deepening regional engagement. The company remains committed to providing clients with transparent services, a robust regulatory framework, and reliable technological support.

Create Company Page