Capital.com Expands Crypto Markets In MENA Amid Strong Q3 Trading Performance

Capital.com, a prominent trading platform and fintech entity, has significantly broadened its crypto offerings while experiencing notable growth in the Middle East and North Africa (MENA). The company has introduced over 1,200 new markets, increasing its total trading instruments to 5,000. This includes an expanded selection of crypto CFDs, solidifying its status as a major provider of digital asset instruments.

In the third quarter, Capital.com reported global trading volumes reaching $744 billion. The MENA region was responsible for 51% of this figure. Crypto trading saw a remarkable increase of 53.9% globally and an even more impressive 67% month-on-month in MENA. This surge highlights the region's growing interest in digital assets.

The company's Dubai office, regulated by the UAE’s Securities and Commodities Authority (SCA), continues to bolster its regional presence. Deloitte Technology’s Fast 50 programme recently recognised Capital.com as one of the fastest-growing tech-enabled platforms in the Middle East for three consecutive years.

To cater to rising client demand for diverse trading strategies, Capital.com now offers over 400 crypto CFD instruments. Traders can access a wide array of digital assets, from major cryptocurrencies like Bitcoin and Ethereum to a growing list of altcoins. "Digital assets are transforming the trading landscape globally," stated Vitalii Kedyk, Head of Digital Assets at Capital.com.

Equities also experienced growth with a 5.2% increase globally due to sustained investor interest in AI and technology stocks. However, FX and commodities saw seasonal declines during this period. The company's commitment to providing traders with world-class products is evident through these expansions.

Tarik Chebib, CEO MENA at Capital.com, noted that the UAE and broader MENA region are witnessing robust growth in digital trading. He emphasised that their Q3 figures demonstrate strong momentum, particularly in crypto trading within MENA.

Global Operations

Capital.com operates internationally with offices located in London, Dubai, Limassol, Warsaw, Sofia, Melbourne, and Nassau. These offices serve clients across Europe, MENA, and other regions worldwide. The company executed 45.7 million trades during this period.

The strategic expansion aligns with Capital.com's mission to empower traders by offering access to evolving asset classes through a platform focused on education and transparency. This approach ensures that traders engage with digital assets confidently and innovatively.

The company's ongoing efforts underscore its dedication to meeting client needs while maintaining regulatory trust and local expertise within the MENA region.

With inputs from WAM