ANAX Capital publicly opened its doors and held the grand opening ceremony in the top luxury hotel Palazzo Versace Hotel, in Dubai. The launch ceremony attracted VIPs, international celebrities, financial analysts, and leading media firms, who came to celebrate the move of the firm in taking an ambitious step in entering the vibrant financial services industry in the UAE.
Milestone Achievement: UAE SCA Category I License
This launch is a major event after Anax Capital received approval of the much sought-after Category I license (No. 20200000258) by the Securities and Commodities Authority (SCA) in the UAE. The regulatory license enables the firm to provide a variety of services such as trading in foreign exchange all over the world, contracts of difference (CFDs), spot metals, and indices. Having a paid-up capital amount of AED 30 million, Anax Capital is in a sound position to be a formidable force in the financial arena in the region.
Visionary Leadership: Tabinda Sanpal at the Helm
Anax Capital Founder and Director, a mature woman by the name of Ms. Tabinda Sanpal, is a highly experienced player in the financial markets of the UK with more than ten years of experience. At the launch, she insisted on a client-oriented approach and disclosed her long-term vision:
We want to provide a high-tech, safe, and frictionless client experience to both retail and institutional customers. UAE is a strategic market, and getting this license shows our confidence in our abilities and our solid operational base. This is a very exciting endeavor that we have launched in our new offices at Aspin Tower, Sheikh Zayed Road.”
Strong Operational Backbone and Market Offerings
The event also had the Chief Operating Officer of ANAX Capital, Mr. Mitul Kapadia, who has experience of more than 13 years in capital markets. He outlined the wide product range of the firm, featuring the ability to trade in and across global markets, where one can trade in either spot forex, in CFDs, metals, indices, direct U.S. stocks, as well as in futures and options. He repeated how the company concentrated on secure, clear, and diversified investment solutions compared to both starters and experienced traders.
Commitment to Global Standards and Regulatory Excellence
ANAX Capital operates with a commitment to the highest international standards. From internal controls to client service quality, the company ensures full alignment with the UAE’s regulatory framework. "Our mission is built on transparency, strong governance, and professional ethics," said Mr. Kapadia. "This helps us forge long-term trust with regulators, investors, and all stakeholders."
Strategic Support from DMCC and Regulatory Compliance
This SCA approval became possible due to the professional advice of DMCC, the regulatory advisor of the firm. Their team played the key role in assisting Anax Capital to achieve all the compliance requirements. This kind of support is an indication that the company is very serious about creating a sustainable, compliant financial institution in the UAE.
A Bright Future Ahead for ANAX Capital
As part of a well-defined strategy, expert management, and strong regulatory support, ANAX Capital is ready to play a prominent role in the development of the financial landscape in the UAE. The business intends to take advantage of global connectivity and business-friendly policies in Dubai in order to prosper and innovate in the future.
Building a Trusted Brand for Investors
ANAX Capital does not simply gain access to the market, but it is ready to offer a new standard of trust, performance, and investor satisfaction. Having its office in Dubai, with experience gained in working in both the international and local markets, the firm is presently in a particularly satisfactory position to serve a range and an increasing investor base.
Conclusion: A New Era in UAE’s Financial Landscape
With the successful launch of ANAX Capital, it is more than an achievement of a corporate milestone; it is an indicator of a new dawn of innovation and a new wave of confidence in the financial services sector of the UAE. The company can blossom in the UAE and across the world owing to a solid foundation, dedicated management, and regulatory excellence.