ANAX Capital Financial Markets LLC, a Dubai-based financial services firm, announced today that it marked its official launch after securing a First Category license from the Securities and Commodities Authority (SCA) of the UAE.
This regulatory approval authorizes the firm to offer trading in international markets, OTC derivatives/CFDs and spot forex, positioning ANAX Capital as a new player in the region’s growing financial landscape. The company is backed by a capital base of AED30 million.
ANAX Capital to offer seamless trading experience
The firm’s launch was marked by an exclusive event at Palazzo Versace. The evening brought together VIP guests, international celebrities, industry professionals and media representatives to celebrate the company’s entry into the UAE’s dynamic financial sector.
Speaking at the event, Tabinda Sanpal, founder and director of ANAX Capital, emphasized the company’s client-first philosophy and long-term vision, stating, “Our goal is to provide both retail and professional investors with a sophisticated, reliable and seamless trading experience. With the UAE being such a strategic market for us, receiving the SCA license is not just a regulatory milestone; it is a mark of trust. We are ready to begin operations from our offices in Aspin Tower, Sheikh Zayed Road.”
Sanpal brings over a decade of experience from the U.K. financial markets, with a track record of strengthening operational infrastructure and ensuring regulatory excellence across capital market divisions. Joining her leadership team is Mitul Kapadia, COO of ANAX Capital, who brings over 13 years of experience in capital markets.
Kapadia outlined the firm’s core offering, secure access to international financial markets, including spot forex, CFDs, metals, indices and direct trading in U.S. equities, futures and options.
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Company to play active role in UAE’s financial landscape
“Our mission at ANAX Capital is to meet the highest international standards in systems, controls and service delivery. With strong governance and a qualified team, we aim to build lasting trust with clients, regulators and stakeholders,” said Kapadia.
ANAX Capital is set to play an active role in the UAE’s financial landscape. The company’s alignment with the UAE’s Securities and Commodities Authority reflects its commitment to operating with transparency and upholding the highest international compliance standards. This milestone was achieved with the support of Dexterity Management DMCC, the firm’s principal regulatory consultant, whose expertise ensured full adherence to SCA licensing requirements.
