LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
One Financial Markets, the FCA-regulated Forex broker that targets markets in the Middle East, has announced the opening of a new support office in Jeddah, Saudi Arabia.
The opening of the new office marks another step in One Financial Markets’ expansion plans across the Middle East and is a sign of the company’s commitment to the Kingdom of Saudi Arabia and the wider GCC region. This is not the end to the broker’s growth ambitions in the region. It already has working offices in Dubai and Abu Dhabi and plans to open more offices in this rapidly growing market over the coming six months.
Commenting on the opening of the new office in Jeddah, Andrew Henderson, Director, One Financial Markets, said:
“Saudi Arabia is a key market for One Financial Markets and we are excited to be opening in Jeddah. It’s been a project that we have been considering for a while now, and with our presence in Dubai, Abu Dhabi and London, we felt that Jeddah was the next step. The offices across the Middle East will all operate under the management of our London headquarters and reflect the heritage of the One Financial Group as a true Anglo/Arab corporation.”
The move reiterates the commitment of One Financial Markets to provide credible and top-quality online trading services in the Middle East. The broker has not stopped its efforts in this respect: earlier this month it announced the launch of Tradimo online training school in Arabic, thus opening the world of Forex markets to a wider potential clientele in the region. And in the summer of 2014, One Financial Markets rolled out Tradable, promoting the app-based trading platform in the MENA region.
The official announcement by One Financial Markets on the new office in Jeddah can be read here.