FNG Exclusive… FNG has learned that Cyprus based Retail and Institutional FX broker TopFX has opened a new office in Dubai, to serve Arabic speaking and MENA region clients.
The new TopFX office, located in the Burlington Tower in the Business Bay area of Dubai, will be headed by new hire Omar Al-Janabi. Mr. Al-Jabani was with Tickmill the past three years, serving as Tickmill’s MENA Partnership Manager out of Cyprus. He has also worked at Swiss Markets, FXPrimus, and XM.com in a variety of client facing roles.
TopFX has shifted in recent months from its historical focus on its B2B business – providing liquidity and white label brokerage solutions to Retail FX brokers – to running and promoting its own Retail FX brand. Late last year TopFX launched an EU Retail FX site, after first going live with an offshore brokerage operation domiciled in the Seychelles, as was also exclusively reported by FNG.
TopFX CEO Alex Katsaros posted the following note today on social media about the new UAE operation.
I am very excited to announce the establishmen of TOPFX ‘s new rep office in Dubai, UAE!
Our office located on the 29th floor of Burlington tower, a prestigeous skyscraper in Business Bay, spearheads our expansion in the whole of the MENA region.
In our office you will meet our Arabic speaking team led by our Head of MENA Omar Al-Janabi, and receive information about our Liquidity, cTrader and the TOPFX All-in-One broker solution.
An amazing way for us to end a very strong year in which we continued our steady growth. I am very lucky to have equally exciting projects planned for 2022.