Plus500, a leading global fintech group, has solidified its presence in the UAE by launching Plus500Gulf Securities LLC, its new subsidiary, after securing a key mainland license from the UAE’s Securities and Commodities Authority (SCA). This strategic move allows Plus500 to broaden its customer reach across the UAE and introduce an expanded range of financial products, including share dealing, futures, and options on futures, complementing its existing CFD offerings.

This new license, alongside its existing Dubai Financial Services Authority (DFSA) license, positions Plus500 as one of the few trading platforms with dual regulatory approval in the UAE, underscoring its long-term investment in the region. With 14 international licenses and over 30 million registered customers globally, Plus500 brings its trusted reputation and innovative proprietary trading technology to the UAE market.

As a London Stock Exchange-listed company in the FTSE 250 and STOXX Europe 600 indices, Plus500 is committed to delivering tailored, user-friendly trading solutions for UAE-based traders. This expansion follows a strong 2024 financial year, with approximately $768 million in revenue and robust cash reserves of around $900 million, reinforcing the company’s financial stability and leadership in the global online trading industry. Plus500 aims to continue providing secure and customer-centric trading experiences in the UAE and beyond.