June 15, 2021
eToro, the leading social trading and investment platform, has received approval from the Abu Dhabi Global Market (ADGM) to operate in the United Arab Emirates (UAE). This approval opens up significant opportunities for eToro to expand its presence in the Middle East and provide its innovative services to investors in the region.
ADGM – A Thriving Financial Hub in the UAE
The Abu Dhabi Global Market (ADGM) is an international financial center located in the capital city of the United Arab Emirates. It is a thriving hub for global businesses, financial institutions, and investors, offering a range of attractive features such as a robust regulatory framework, low-tax environment, and access to a growing market.
The ADGM has positioned itself as a leading destination for fintech companies and digital financial services providers, attracting both startups and established players in the industry. Its regulatory framework is designed to foster innovation and support the growth of the financial sector in the UAE.
eToro – Revolutionizing the Way People Invest
Founded in 2007, eToro has revolutionized the way people invest by introducing a social trading platform that enables users to copy the trades of successful investors. Its user-friendly interface, extensive range of trading instruments, and innovative features have made it a popular choice for both novice and experienced investors.
The approval from the ADGM is a significant milestone for eToro as it allows the company to tap into the rapidly growing financial market in the UAE. With its unique approach to social trading and investment, eToro aims to empower UAE investors and provide them with new opportunities to diversify their portfolios.
Expanding Opportunities for UAE Investors
The partnership between eToro and the ADGM opens up new doors for UAE investors. They will now have access to a wide range of investment products including stocks, cryptocurrencies, commodities, and more. Furthermore, eToro’s social trading features will enable them to learn from experienced traders, share insights, and make informed investment decisions.
“We are thrilled to have received approval from ADGM to operate in the UAE. This marks an important milestone in our global expansion journey,” said the CEO of eToro.
eToro’s platform will provide UAE investors with a seamless and intuitive experience, allowing them to manage their investments from anywhere at any time. The company’s commitment to regulatory compliance, security, and investor protection ensures that users can trade with confidence.
Looking Towards the Future
With the approval from the ADGM, eToro is well-positioned to capture the growing demand for innovative investment solutions in the UAE. The company’s expansion into the Middle East will not only benefit UAE investors but also strengthen the region’s financial ecosystem.
eToro’s mission to democratize finance aligns perfectly with the ADGM’s vision to build a sustainable and inclusive financial sector. As eToro continues to innovate and grow, it aims to empower individuals worldwide to take control of their financial future.
For more information about eToro’s services in the UAE, visit www.etoro.com.