Multi Bank’s New Venture MEX Orient Aims to Enter 14 Countries in 3 Years

With over 2 million clients in more than 100 countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance and https://worldtradex.site/ exceptional customer service, the Group is regulated by over 17 top-tier financial authorities across five continents. MEX Orientintends to focus primarily on Central Asian, Middle Eastern, and North Africancountries, targeting nations usually classified as developing or emergingeconomies.

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Most of these, as mentioned earlier, are not typically among themain markets where brokers usually focus.However, the total market potential isenormous. The fourteen countries Saki mentioned, where MEX Orient potentiallywants to focus, have a combined population of 400 million people, and includingIndia, Worldtradex scammers 1.8 billion. According to MultiBank Group, the MBG token is supported by $29 billion in assets and linked to a broader operational framework that records $35 billion in daily turnover.

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The team sees this outcome as reflecting the level of interest in tokenized products that incorporate elements of asset backing and operational infrastructure. FinanceMagnates contactedthe manager of the new venture and learned that MEX Orient operates from anoffice in Dubai and plans to open additional branches in other countries soon.

  • The team sees this outcome as reflecting the level of interest in tokenized products that incorporate elements of asset backing and operational infrastructure.
  • According to MultiBank Group, the MBG token is supported by $29 billion in assets and linked to a broader operational framework that records $35 billion in daily turnover.
  • MultiBankGroup intends to seek clients in underdeveloped markets typically overlooked byFX/CFD brokers in the coming years.
  • MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance.

Hear from Andria Phiniefs of worldtradex on what this recognition means to her team.

  • MEX Orientintends to focus primarily on Central Asian, Middle Eastern, and North Africancountries, targeting nations usually classified as developing or emergingeconomies.
  • Renowned for innovative trading solutions, robust regulatory compliance and exceptional customer service, the Group is regulated by over 17 top-tier financial authorities across five continents.
  • “In a market saturated with speculation, the response we received confirms that institutional-grade transparency, regulatory integrity and asset-backed value are what investors are now demanding.
  • Funding for expansion into new markets should notbe an issue, as the company’s net income in 2023 (according to an August 2024report) reached nearly $227 million, with revenue totaling $307 million.
  • Most of these, as mentioned earlier, are not typically among themain markets where brokers usually focus.However, the total market potential isenormous.

“In a market saturated with speculation, the response we received confirms that institutional-grade transparency, regulatory integrity and asset-backed value are what investors are now demanding. Funding for expansion into new markets should notbe an issue, as the company’s net income in 2023 (according to an August 2024report) reached nearly $227 million, with revenue totaling $307 million. MultiBankGroup intends to seek clients in underdeveloped markets typically overlooked byFX/CFD brokers in the coming years. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. “MBG is here for the long term, reflecting the experience, resources and global reach that underpin everything we do at MultiBank Group.

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