CFD broker Neex announced that it is “now officially part of the UAE” after receiving approval from the Securities and Commodities Authority (SCA), allowing the company to expand its operations in the region.

Expanding Middle East Presence

Neex Securities LLC has reportedly been licensed by the SCA under Category 5. The license allows the broker to conduct promotion and introduction activities and gives clients access to regulated markets in forex, indices, commodities, and stocks.

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“Neex is now officially part of the UAE, proudly licensed by the SCA – Category 5,” the broker said on LinkedIn.”This milestone reinforces our commitment to transparency, reliability, and connecting clients to world-class trading solutions.”

The approval strengthens Neex’s presence in the Middle East, where the company already has a growing client base. The broker operates internationally, with services spanning Europe, Asia-Pacific, and the Pacific regions.

Focus on Regulated Access

Neex offers contracts for difference (CFDs) across multiple asset classes, including currencies, commodities, and indices. According to the information on its website, the broker operates different entities authorized in various countries, including South Africa, Mauritius, Saint Lucia, and Australia.

Expect ongoing updates as this story evolves.

This article was written by Jared Kirui at www.financemagnates.com.Retail FXRead More

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