Pepperstone opened a Dubai hub under a UAE Securities and Commodities Authority Category 5 approval. The permission supports regulated marketing, promotion and limited advisory activity; it is not equivalent to a full local brokerage licence that holds client money or executes trades.
Key points
- The approval supports promotion and limited advisory activity in the UAE.
- It should not be described as full local trade-execution or client-money permission.
What this means
Pepperstone clients and prospects affected by the entity, jurisdiction or permission described
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