Scope Markets Launches Fifth Lebanese Branch

Scope Markets, a Belize-based CFD and FX brokerage, opened its fifth Lebanon branch, a huge step in the company's Middle East expansion. The newly opened office in Nabatieh is well-positioned to serve retail retailers in Lebanon and the surrounding area with tailored items and specialized services.

Hadi Zaarour, the managing partner at Scope Markets, stated in a LinkedIn post that the Nabatieh office is the fourth branch in Lebanon, emphasizing the significance of this expansion. With plans for additional expansion within the nation in 2024, Zaarour conveyed a positive outlook on the future and emphasized the organization's dedication to providing superior service to the commercial community.

This expansion is part of Scope Markets' overall strategy to increase its market share and service offerings in the Middle East. Recently, the organization expanded its tradable securities portfolio to include more than five hundred individual equities sourced from the Canadian, Hong Kong, and Austrian markets. By implementing this strategy, the organization grants its consumers access to a greater than 40,000-stock portfolio across eleven global equity markets. To continue catering to the changing demands of its clientele, Scope Markets has declared its intent to introduce novel instruments spanning a range of asset classes.

Scope Markets' move to add specific equities to its platform reflects its clients' growing desire to get insights into international stock markets. Present clients will benefit from this trading capability development, and newly interested traders who explore a broader array of trading alternatives will be encouraged to join. The establishment's choice to broaden its asset portfolio is consistent with the interests of its customers, particularly those from specific geographical areas who value active trading of international shares.

The expansion occurred after Rostro Financials Group acquired Scope Markets, a fintech company specializing in digital assets and capital markets, which took place earlier in the year. Although the specific financial details of the transaction remained undisclosed, Rostro acquired the retail broker in an all-cash transaction. Before the acquisition, Scope Markets was in the possession of an entrepreneur based in the United Arab Emirates named Serkan Ismailoglu. The brokerage is subject to regulation in Belize by the International Financial Services Commission (IFSC). Additionally, it maintains regulated entities in Mauritius, Africa, and Cyprus.

As part of a broader strategy to form a comprehensive financial services conglomerate, Rostro Financials Group has acquired Scope Markets. The regulated brokerage house group operates and provides clearance and execution services for over-the-counter (OTC) derivatives and listed securities. In addition, Rostro offers a comprehensive range of financial services encompassing alternative financing, digital asset storage, and banking integration, all of which feature on-ramp and off-ramp functionalities.

Scope Markets has recently expanded into additional stock markets, opened a branch in Lebanon, and gotten assistance from Rostro Financials Group. As a result, it is in place to witness enormous growth in the Middle East. These factors have all contributed to Scope Markets' current position. To strengthen its market position and continue to offer a wide range of diverse and high-quality trading choices to the trading community, Scope Markets is working to broaden its product portfolio and meet the specific demands of retail traders in the above region.