Equiti wins Global Brand Award while expanding presence in Dubai, Cyprus and London

Rick Steves

Outside the UAE, the company opened its new office in Cyprus in November 2022 to support brokers in the European Union. In addition, a new larger, upscale office in London will open in early 2023.

Equiti has been awarded the Fastest Growing Multi-Asset Broker Award for 2022 at the Global Brands annual gala awards ceremony held at Dubai’s Palm Waldorf Astoria hotel.

The broker’s local entity in the United Arab Emirates, Equiti Securities Currencies Brokers LLC, is regulated by the UAE’s Securities and Commodities Authority as a Category One Broker for Over-the-Counter Derivatives Contracts and Foreign Exchange Spot Markets (license number 20200000026).

“UAE, an ideal hub for global brands like Equiti to be successful in this region”

Mohamed Alahmad, Co-founder and Chief Managing Director of Equiti Group, said: “Equiti is very proud to acknowledge the UAE as a critical contributor to winning this prestigious global brand award. We appreciate the incredibly supportive business environment the UAE provides, which has enabled our organization to grow our global brand in the region quickly and strategically.

“The UAE’s world-class infrastructure, global regulatory standards, and commitment to global best practices have created a high level of trust in the country. Its robust and thriving economy, shaped by its visionary leaders, makes the UAE an ideal hub for global brands like Equiti to be successful in this region.”

It was in March 2022 that Equiti became one of the first global brokers to be granted a license by the UAE’s regulator, the Securities and Commodities Authority. Nine months later, the Equiti brand has become one of the foremost brands in Dubai.

Equiti’s presence can be found across Dubai with its distinguishable logo at the Equiti metro station on Sheikh Zayed Road and Equiti branding inside the metro stations, onboard the trains, and across the bridges on SZR as well as in major locations throughout Dubai.

The brokerage firm has hinted at plans to open a second UAE office in early 2023 to support the growing demand for its services in other emirates.

Outside the UAE, the company opened its new office in Cyprus in November 2022 to support brokers in the European Union. In addition, a new larger, upscale office in London will open in early 2023.

These moves highlight how rapidly Equiti is growing across the globe as it addresses the demand for its brokerage services on the world’s leading trading platforms MT4 and MT5.

Read this next

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Bybit expands into Europe amid regulatory scrutiny

Dubai-based cryptocurrency exchange Bybit is expanding its operations in Europe after encountering regulatory challenges in Hong Kong.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

<