Estonia-based Admiral Markets AS is expanding into MENA territories with a new, licensed subsidiary in Jordan. Admiral Markets Jordan will offer the same competitive, trustworthy products as the rest of its branches, along with new, larger leverage rates and low minimum deposits.
On 16th June 2021, two years after their initial visit to the country, the firm received a local license from the Jordan Securities Commission (JSC) for the sale of its brokerage services to local and international clients. The company assures that the same “world-class offering, customer service, products, and educational content which the Admirals brand is built upon” will be maintained.
Commenting on the development, the Admiral Markets AS CEO, Sergei Bogatenkov, said “The Middle East and North Africa region is home to 600 million people, which means a great potential for us to grow our customer base and gain a larger market share while looking to provide the opportunity for people in the region to experience the joys of alternative financial products which we have seen take off so successfully in Europe over the last [few] years.”
Admiral Markets highlighted a range of competitive offerings available from the Jordan branch, including optional leverage up to 1:500 for EU and non-EU clients, minimum deposits as low as 25 USD/JOD/EUR, a negative balance protection policy up to 50,000 USD and the MetaTrader Supreme Edition plugin.
“Back in 2001, Admiral Markets was a Forex and CFD brokerage company. Today, it symbolizes innovation and a unique user experience in personal finance. Our goal is to offer complete solutions for investment, payment, lending, and money management. In 10 years, we want to give financial freedom to 10 million people. The presence in Jordan is one of the steps towards realizing a long-term vision and positioning the company in new markets,” Bogatenkov added.
About Admiral Markets
Admiral Markets AS is an international, award-winning forex and CFD broker with both MetaTrader 4 and MetaTrader 5 account options. Founded in 2001, the firm is also regulated by the FCA and ASIC and offers more than 3,000 products to hundreds of thousands of clients worldwide.
Beyond its competitive offering of 3,000 stocks, 50 forex pairs, 30 cryptos, 25 commodities, 40 indices and several hundred ETFs, Admiral Markets has a suite of additional tools and features. Clients can leverage the MetaTrader Supreme Edition pattern-recognition software and advanced indicators for sophisticated analysis and strategy development. Alternatively, Admiral Markets recently launched a new copy trading service, which allows traders to take advantage of the expertise of other investors for their own profits.
Investors and day traders from the Middle East and North Africa (MENA) region will find the new branch an appealing option thanks to their competitive and holistic offering under the reputable regulation of the JSC.