Exinity Group has launched its premier product, Exinity Trader PRO, under the Abu Dhabi Global Market (ADGM) license. Exinity Trader PRO services will only be available to clients in the United Arab Emirates (UAE) before launching globally in the future.

According to Lex Webster, the co-CEO of the firm, “The UAE is the largest fintech hub in the MENA region with ADGM playing an important role in creating a strong ecosystem for the continued success of the sector. The UAE is also home to tech-savvy investors, many of whom are looking for innovative, market-leading trading and risk management solutions to help them build wealth. That’s why we are excited about the potential of Exinity Trader PRO in the MENA region as it is designed to unlock the value of risk-driven trading for our clients, giving them the ‘Freedom to Succeed’ at the touch of a button.”

Unique Product

Exinity Trader PRO is the first product that Exinity Group will be introducing to the market. The product has been targeted to expert traders and integrates the MetaTrader platform to offer competitive prices and expert analysis. It will also offer professional support from expert account managers in the UAE.

Users on the platform will have access to global financial products, including shares, FX, indices and commodities. These will be accessed through a single account with low trading costs.

Expanding Operations

Exinity Group is the umbrella organization of Andrey Dashin’s brokerage firms. Dashin launched Exinity in 2020 as the umbrella firm for other brands such as Alpari and FXTM. Moreover, Dashin has been pushing for expansion into global markets since 2020. Recently, one of the firm’s subsidiaries obtained an operating license from Kenya’s Capital Markets Authority.

In the coming months, Exinity Group plans to launch Exinity World, a mobile application that will offer easy access to risky trading and investment products. The app will offer a wide range of tools, including risk management tools, education and access to support. The app targets creating a new generation of investors who will be confident in their decision making. The app is expected to launch in the MENA region in the third quarter of 2021.

Jason Hughes, the commercial Director for MENA, stated that the firm was focusing on expanding to developing regions such as Africa and the Middle East. The UAE would help lay the groundwork for these expansion plans because it acts as a bridge between developed market and emerging markets.