Ex-ADSS Executives Launch FX and CFDs Broker Traders' Hub in the UAE

Traders' Hub, a retail forex and contracts for differences (CFDs) broker headquartered in Abu Dhabi, has announced the introduction of its services in the United Arab Emirates (UAE). The platform provides trading services for more than 1,000 currency, index, stock, and exchange-traded fund assets (ETFs).

Suhail Al Otaiba, formerly the Head of Strategic Client Coverage at the Dubai-based broker ADSS, has founded and serves as CEO of Traders' Hub. In addition, the broker hired former ADSS executives Ahmed Al Katheeri as Chief Operating Officer and Ahmed Ayoub as Chief Business Development Officer in significant positions.

CEO Al Otaiba said in a statement, "We are incredibly happy to start a new internet trading company in the United Arab Emirates."

"Our objective is to become the investment house of choice for local Emirati traders and to offer the greatest trading environment to international expats and enterprises in the UAE."

The broker is authorized by the UAE's Securities and Commodities Authority (SCA) to offer OTC derivatives and spot market currencies.

According to the broker's website, it offers three account types based on client deposits and trading services using MetaTrader 4 and MetaTrader 5, two popular third-party trading platforms created by MetaQuotes.

The CEO stated, "We have developed our firm on the foundation of Traders' Hub's strong corporate values and hyper-focused ambition to become the market leader in our area throughout the MENA region." "Therefore, regardless of your trading strategy, level of money, or risk appetite, we offer a trading account that suits your demands and a multilingual client services team that will assist you at every turn."