Online forex firm Axiory Global has established operations in Dubai to expand into the UAE market, according to media reports. Axiory Global is one of the leading global forex brokerage firms headquartered in Belize.
Forex brokerage Axiory’s representative office in the UAE will help it build a large clientele and actively engage with them.
The representative office will operate out of premises in Business Bay with a workforce of 10 members. This marks the firm’s first move into the region. Also, it will first cater to GCC countries and gradually shift to other Middle East and African states, the local media reported.
Axiory Global largely caters to private and corporate traders with forex and CFD products. CEO of Axiory Global, Roberto d’Ambrosio, said in a statement, “UAE is an optimistic and a dominated market with great players, Axiory’s unique selling point is that we look at the human part of the business and by that, I mean we are the traders and investors ourselves. We focus on educating our clients according to our learning or understanding the situation.”
Previously, the forex brokerage had conducted many workshops and seminars across the world. It plans to do the same in GCC and develop a new approach to directly interact with the people.
Axiory Global’s UAE forex brokerage offers an array of accounts and trading platforms to help with currency trading, indices, commodities and other CFDs, according to media reports. However, the core business is directed toward online brokerage services for both private and corporate traders.