UAE – Mubasher: Fintech and online investment brokerage company CAPEX MENA has registered a 58% year-on-year (YoY) surge in its trading volumes last May.
CAPEX MENA has the UAE office in Abu Dhabi, according to a recent press release.
The firm was licensed by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Earlier this year, CAPEX.com reduced the trading costs of its products by up to 90% and switched from fixed to floating spreads. The changes came in line with the brokerage firm’s growth plans.
Madalina Rotaru, CEO of Key Way Markets the company operating CAPEX MENA, said: "The decision to reduce the trading costs for our clients helped increase the trading volumes and allowed us to delve further into product development."
