Milestone achievement highlights Taurex’s commitment to regulatory excellence and growth.
Global multi-asset broker and online trading leader Taurex has expanded its regulatory portfolio by obtaining a Category-Five license from the United Arab Emirates (UAE) Securities and Commodities Authority (SCA). This prestigious license allows Taurex Financial Services L.L.C. to arrange and provide financial consultations, as well as promote and introduce clients to affiliated regulated brokerages.
Enhancing Presence in the UAE
The UAE has emerged as a global financial hub, attracting investors and traders from diverse sectors. With the new SCA license, Taurex is well-equipped to support this thriving market by offering tailored financial consultancy, cutting-edge trading tools, and high-quality client services.
Commenting on the achievement, Nick Cooke, CEO of Taurex, said:
“Obtaining the SCA license allows us to serve traders in the UAE with the highest standards of integrity and professionalism. Our goal is to empower traders in the region with cutting-edge technology, personalised support, and a trading experience that is both secure and fully compliant with local regulations.”
A Commitment to Global Standards
In addition to its presence in the UAE, Taurex operates regulated brokerages under the Financial Conduct Authority (FCA) in the United Kingdom and the Financial Services Authority (FSA) in the Seychelles. The SCA license underscores Taurex’s dedication to fostering financial integrity and providing a secure trading environment.
Nick Cooke emphasized the importance of compliance in maintaining trust:
“Global compliance is not just a requirement; it’s a responsibility. This license signifies our dedication to upholding these principles, ensuring that our traders can trust us to operate with the highest standards of integrity worldwide.”
Future Growth and Innovation
Taurex plans to leverage its new license to deepen its roots in the UAE market. The company is committed to investing in local expertise and tailoring its services to meet the needs of UAE-based traders. Future initiatives include expanding regulatory licenses, enhancing trading solutions, and forming new partnerships to offer more opportunities to traders.
This milestone achievement is a stepping stone in Taurex’s broader vision for growth. By combining regulatory excellence with innovation and a client-first approach, the company continues to solidify its position as a trusted partner for traders globally and regionally.
