TDFX achieves FSA registration

26 February 2010 at 15:14

TDFX achieves FSA registration Tadawul FX (TDFX) has been granted FSA registration as the online forex broker seeks to expand globally.

The news comes after the firm received CySec licence in 2009 and its FSA registration came into force on January 22nd.

It has also been added to the register of BAFIN, the financial regulatory authority in Germany, and has received authorisations from regulators in Spain and the Netherlands as well.

"Tadawul FX has already established a reputation in Cyprus and much of the EU for providing premium brokerage services, it is only fitting that this has extended officially across to the UK," commented Ramzi Chamat, chief executive officer of Tadawul FX.

He said that the company is proud to have been granted FSA registration.

TDFX was established by Mr Chamat in 2006 in Switzerland, although it relocated its head office to Cyprus in 2008.

The company is looking to keep its leadership position in the Middle East online forex market, despite its global efforts. ADNFCR-3006-ID-19640101-ADNFCR

Related articles:

Payment Services Provider Gains FSA Registration

01 February 2012 at 14:22

Inpasy Ltd, a new money transfer company, has recently gained FSA Registration as a Payment Institution. Inpasy will provide money transfer services to individuals and corporate clients using the latest technology to make secure transfers of money from the UK to the EU. Money Transfer, also called Money Remittance, became regulated by the FSA in 2010.

Fund Manager Gains FSA Authorisation

30 January 2012 at 09:47

Baynard Capital Management, the fund manager, has gained Authorisation from the Financial Services Authority (FSA). Initially Baynard will act as the Manager for the Baynard Global Fund, a global long/short equities strategy mainly focusing on shipping, basic industries and related themes.

FSA permits stockbroking group’s acquisition

18 January 2012 at 13:20

The Financial Services Authority (FSA) has granted permission to a stockbroking company to acquire an investment bank, it was announced yesterday (January 17th).

Dubai FSA issues scam warning on unauthorised firm

09 January 2012 at 16:16

The Dubai Financial Services Authority (DFSA) has issued a warning regarding a fraudulent firm purporting to be a subsidiary of the Dubai International Financial Centre (DIFC) in the UK.

Satellite warranty firms ordered to wind-up

30 November 2011 at 12:10

Two satellite warranty firms have been ordered to wind-up following proceedings at the Court of Appeal first sparked by a Financial Services Authority (FSA) investigation.