The acquisition has been packaged with a regional license. Mahmood Allaham was entrusted with the chair of the leadership of the new office in Dubai, as reported by Forex Magnates.

Meanwhile, ThinkForex regulation from FCA itself has actually just been pocketed in early 2015. Thus, now ThinkForex is regulated in three jurisdictions, including Australia (ASIC), UK (FCA), and Dubai regulators.

To support its expansion into Dubai, ThinkForex is reshuffling its leadership positions. Stefan Lucas was appointed as Head of Marketing, to be exact at the end of last September. Meanwhile Gareth Thomas was lined up as Director Manager. James Raiski occupies the position of Head of Sales Division.

Commenting on this, Nauman Anees, co-Founder of ThinkForex stated that both the acquisition of Admiral Markets Dubai and obtaining regulation from FCA are both positive strategies for expanding globally. In addition, the current position arrangement is an effort to optimize the capabilities possessed by human resources in order to bring ThinkForex to compete in the forex industry. For complete information about forex brokers, you can access the Broker Review .