ANAX Capital Financial Markets LLC, a financial services firm based in Dubai, has officially launched its operations after receiving its first category license from the Securities and Commodities Authority (SCA). The launch was celebrated at an exclusive event held at Palazzo Versace, attended by VIP guests, international celebrities, industry professionals, and media representatives, highlighting the company’s entry into the UAE’s vibrant financial sector.

Credit: ZAWYA

During the event, Tabinda Sanpal, founder and Director of ANAX Capital, spoke about the company’s commitment to a client-first approach and its long-term vision. She stated, “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.”

Mitul Kapadia, the COO of ANAX Capital, who has over 13 years of experience in the capital markets, joined Sanpal in discussing the firm’s core offerings. He noted that ANAX Capital will provide secure access to international financial markets, including spot forex, CFDs, metals, indices, and direct trading in U.S. equities, futures, and options. Kapadia emphasized the firm’s mission to adhere to the highest international standards in systems, controls, and service delivery, aiming to build lasting trust with clients, regulators, and stakeholders.

With a solid regulatory foundation and experienced leadership, ANAX Capital is poised to play an active role in the UAE’s financial landscape. The firm’s alignment with the SCA underscores its commitment to transparency and compliance with international standards. This achievement was supported by Dexterity Management DMCC, the company’s principal regulatory consultant, ensuring full adherence to SCA licensing requirements.