CFDs broker Mitrade secures Category 5 license from UAE CMA
Mitrade Obtains UAE CMA Category 5 License
After acquiring Frida Asset Managers and securing a South African FSCA license last year, Mitrade, an Australia-based broker specializing in retail FX and CFDs, has now received a Category 5 (Introduction and Promotion) license from the Capital Markets Authority in the United Arab Emirates.
The company highlighted the UAE as a key market for retail trading, noting its sizable expatriate community and increasing engagement in financial activities. With this new CMA license, Mitrade is authorized to offer CFDs on a wide range of assets—including forex, commodities, indices, stocks, ETFs, and more—under a regulated environment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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