CPT Markets, a forex and contracts for differences (CFDs) brokerage firm, has obtained the Arrangement and Advice license from the United Arab Emirates' Securities and Commodities Authority (SCA), as confirmed by a LinkedIn post. The approval comes as CPT Markets expands its European footprint with a new office in Larnaca, Cyprus, establishing its first physical presence within the European Union.

CPT Markets Gains Category Five Status

The authorization grants the broker Category Five status, enabling it to provide financial consultation and market insights in the region. With this license, CPT Markets can introduce clients to financial products and offer advisory services. The regulatory approval supports the company’s expansion plans in the UAE.

"With our newly earned Category Five status, we’re taking a major step forward, introducing clients and delivering globally recognized financial consultation and market analysis services across the region," the company stated.

CPT Markets operates in multiple regions, offering trading services across various asset classes. The company’s latest authorization reflects its efforts to align with regulatory requirements in key markets.