PRESSR: Plus500 expands its presence in the UAE and launches operations on the mainland after obtaining a new license from the Securities and Commodities Authority.

Dubai, United Arab Emirates Plus500 , a global multi-asset fintech group, has announced the official launch of its new subsidiary in the UAE, Plus500Gulf Securities LLC , after receiving a prestigious license from the Securities and Commodities Authority ( SCA ) to operate in the UAE mainland. This expansion represents a significant strategic step in strengthening the group's presence in the UAE and the wider region.

The new SCA license allows Plus500 to expand its marketing activities and attract more clients across the UAE. It also provides a framework for expanding its local product offering beyond CFDs, with the potential to offer stock, futures, and futures options trading over time.

This development follows two years of successful operations under the supervision of the Dubai Financial Services Authority ( DFSA ) in the Dubai International Financial Centre ( DIFC ), where Plus500 currently holds 14 international licenses and serves over 30 million registered clients in over 60 countries. Obtaining the SCA license further strengthens the group's position as one of the few companies in the sector to hold dual regulatory licenses in the UAE, reflecting its commitment to long-term investment and sustainable growth in the region.

Plus500 enjoys a strong global reputation, as a company listed on the London Stock Exchange and a member of the FTSE 250 and STOXX Europe 600 indices, supported by its innovative technology and relentless focus on building trust with clients. Furthermore, through its operations licensed by the Securities and Commodities Authority, the company is preparing to launch dedicated trading solutions for traders in the UAE, redefining the regional trading experience by providing an exceptional and seamless experience, powered by Plus500 's leading technology .

This expansion follows Plus500 's strong financial performance in 2024, with total revenues reaching approximately $768 million. The group also maintains a strong financial position, with cash flow of approximately $900 million as of December 31, 2024, and no debt, further strengthening its position as a global leader in online trading.

About :

Plus500Gulf Securities is a subsidiary of Plus500 Group Limited, a global leader in multi-asset financial technology. Based in the UAE, it is listed on the London Stock Exchange and is a constituent of the FTSE 250 and STOXX Europe 600 indices. The company was recently licensed by the Securities and Commodities Authority (SCA) , reinforcing its commitment to providing innovative, technology-powered trading solutions specifically designed for traders in the UAE and the Gulf region. Plus500Gulf leverages the industry-leading Plus500 platform to provide a seamless and secure trading experience that meets the aspirations of investors in the region .

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