4T launches CFD trading in MENA region via Dubai

Rick Steves

The brokerage’s technology hub is in Switzerland, where the group’s specialist tech team continues to develop the trading platform and enhances the real time trading engine for low latency and quality pricing and execution. 

4T has announced the launch of commission-free CFD trading across the MENA region and setting up camp in Dubai, the leading financial center in the Middle East, Africa, and South Asia.

The online CFD broker plans to release multiple technology platforms during the year and will focus on automation and affordability as it seeks to provide traders with a fully optimized trading experience, including an automated onboarding process.

4T holds licenses from UK FCA and Seychelles FSA

4T is authorized and regulated in various jurisdictions throughout the world. The FX and CFD broker is regulated by the UK Financial Conduct Authority but also holds a license from the Seychelles Financial Services Authority (FSA).

Two other entities are registered in Dubai and Switzerland as the online brokerage looks to accelerate its global expansion in 2022 with the launch of automated solutions and platforms to better serve its traders.

Hamzeh Ajjour, CEO of 4T, commented: “We are breaking down the barriers that have historically discouraged people from entering the financial markets. Our focus on technology means we can offer our clients a secure, seamless experience and give them the tools they need to realize their financial goals. In the current climate, looking after your money and investing is more important than ever before – so we are passionate about providing a service that makes it easy and affordable to access the global markets and create more trading opportunities.”

“Expanding our regional presence in Dubai is a natural step for our business, as it leverages the strength of the local market and proximity to other regional hubs. Commission-free trading will be available immediately for all customers, and the onboarding process for clients is automated – meaning that opening an account is a remarkably quick and easy process,” he added.

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Swiss tech reaches investors in Middle East and North Africa

Leveraged products such as Contracts for Difference (CFDs) have been the subject of wide discussions concerning their safety for retail traders as they can result in losses that exceed deposits, depending on the regulatory framework overseeing the entity you are trading with.

In recent years, top tier regulators across the globe, including the jurisdictions in the European Union, United Kingdom, and Australia, have imposed restrictions on CFD products for retail traders, namely on leverage and marketing.

CFD trading remains quite popular, but a proper understanding of how it works is required as it carries a high level of risk and may not be suitable for everyone.

4T is looking to make trading accessible to all, by lowering the cost of trading for MENA clients but also by providing educational content so that traders from all types, from seasoned veterans to new ones, can have a shot at accessing commission-free trading of Forex, Indices, Commodities, and Equities.

The brokerage’s technology hub is in Switzerland, where the group’s specialist tech team continues to develop the trading platform and enhances the real time trading engine for low latency and quality pricing and execution.

4T also boasts a community of experts who offer free analysis, market news and reports to help traders keep their finger on the pulse of financial markets.

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