Fortrade Expands Regulatory Coverage with Dubai License

Fortrade has secured regulatory approval from the Dubai Financial Services Authority (DFSA), allowing the CFD broker to operate from within the Dubai International Financial Centre (DIFC). The authorization places the firm under the DIFC’s established regulatory regime, which is built around international standards, an independent legal system, and dedicated financial supervision.

Dubai Joins Fortrade’s Global Regulatory Network

The new Dubai-based entity complements Fortrade’s existing regulated operations across the UK, Europe, Canada, Australia, and other jurisdictions. According to the group, the move reflects a broader strategy of maintaining consistent governance, compliance, and oversight standards across all regions where it operates.

Chief Executive Officer Chris Warburton said the DFSA approval supports Fortrade’s efforts to keep its regulatory structure aligned globally, adding that the Dubai license places the local operation within a framework comparable to the firm’s other regulated entities worldwide.

Operating Under the DIFC Framework

The DIFC functions as a major financial hub serving the Middle East, Africa, and South Asia, hosting banks, asset managers, insurers, and trading firms. By establishing operations within the centre, Fortrade positions its regional activities inside a clearly defined supervisory environment for leveraged trading services.

The broker links its Dubai expansion to a preference for markets where regulatory clarity and institutional oversight are central to market integrity and investor protection.

Trading Offering and Platforms

Fortrade provides CFD trading across multiple asset classes, including forex, equities, indices, metals, energy products, and agricultural commodities. Clients can access the markets through the proprietary Fortrader platform on web and mobile, as well as via the MetaTrader 4 mobile application.

UK Unit Reports Stronger Financial Performance

Alongside its regulatory expansion, Fortrade’s UK business reported improved financial results for 2024. The London-based entity recorded an operating profit of £1.34 million, representing a 37% increase year-on-year. Revenue rose 7% to £21.2 million, driven by higher client trading activity despite what the company described as competitive and challenging market conditions.

The performance highlights Fortrade’s continued growth across its core markets as it expands its regulated footprint internationally.

Related Read: Forex.com Operator Plans to Surrender FCA Licence as Focus Shifts to Dubai

In a separate regulatory development, the operator behind Forex.com has announced plans to surrender its UK Financial Conduct Authority (FCA) licence as part of a strategic realignment toward Dubai. The move underscores a broader trend among global trading firms reassessing their regulatory footprints and increasing their presence in the Middle East, where frameworks such as the DIFC and DFSA are gaining prominence as regional hubs for financial services.