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