Latest news with #ANAXCapital
Gulf Business
3 days ago
- Business
- Gulf Business
ANAX Capital: Tabinda Sanpal's vision for transparent trading debuts in UAE
Image: Supplied The star-studded launch event, held on Friday, May 23, saw celebrities from across the Middle East and India in attendance, with power-packed performances from well-known international artists, including Tiger Shroff, Myriam Faris, Nora Fatehi and Sonu Nigam. For founder and director Tabinda Sanpal, the launch was the culmination of years of experience and months of preparation. 'It's a proud and emotional moment. The launch represents months of hard work and belief in an idea that's now come to life,' said Sanpal. 'We're entering the market with a strong foundation, backed by solid capital and a clear commitment to service, which makes this milestone even more meaningful.' Sanpal, who brings over 15 years of experience in the capital markets industry — across London's FCA and Dubai's DIFC — said her goal from the start was to create a financial institution that delivered on simplicity, security, and client trust. 'With ANAX Capital, my vision was to create a space where individuals and institutions could trade with confidence, knowing they are supported by reliable technology and a regulated, trustworthy environment,' she added. Sanpal also credited her husband Satish and Tabinda Sanpal/ Image: Supplied Product offering and technology platform The company, headquartered in Aspin Tower on Sheikh Zayed Road, has a category 1 licence from the Securities and Commodities Authority (SCA) under licence number 20200000258 and offers trading across forex, CFDs, spot commodities, international equities, futures, and options. The firm's product suite includes spot forex, CFDs on commodities like gold, silver, and natural gas, as well as trading on global equities and derivatives markets. Clients have access to two trading platforms: MetaTrader, designed for individual and retail traders, and CQG, suited for professional and institutional clients executing advanced trading strategies. Mitul Kapadia, COO of ANAX Capital, said the firm aims to offer a complete financial experience that balances deep market access with client-centric support. 'We provide a one-stop solution with deep liquidity, competitive spreads, and professional tools, including FIX APIs for algo trading,' he said. Mitul Kapadia/ Image: Supplied Technology plays a central role in the company. Clients will be supported through integrated AI-based systems including chatbots and OpenAI-driven agents, as well as enhanced onboarding protocols that streamline global KYC processes. Client-centric values and market positioning Sanpal emphasised that the company's mission is rooted in client empowerment, accessibility, and transparency.'Our mission is to simplify trading while maintaining high standards of trust and professionalism. Whether someone is an experienced trader or just starting out, we want them to feel supported and secure throughout their journey.' This client-first approach, according to Sanpal, is not limited to product access but extends to how the firm interacts with its community. ANAX has partnered with key service providers to ensure operational efficiency, including Dexterity Management DMCC, the firm's principal regulatory consultant, who supported the SCA licensing process. Business model and community engagement The firm operates on a dual business model, offering services to both individual clients and institutional partners. ANAX's hardware-as-a-service model supports infrastructure rollout, while its technology suite is tailored to support high-frequency and algorithmic trading. 'Our platforms and solutions are built for scalability and regulatory alignment,' Kapadia said. 'We've worked hard to ensure that our clients — whether trading manually or programmatically—are equipped with professional tools.' According to Sanpal, ANAX Capital is also committed to engaging the wider ecosystem, including traders, partners, and regulators. 'To our clients, we are here to support your growth with integrity and care,' she said. 'And to the wider community, ANAX Capital is committed to raising the bar in financial services — this is just the beginning.' A UAE-born platform with a global reach Though newly launched, ANAX Capital has ambitions beyond the UAE. Its platform is designed to onboard clients across international markets while maintaining compliance with local and global regulatory standards. The company's international expansion will be driven by scalable tech, regional expertise, and adherence to strong compliance procedures. 'I wanted to create something that wasn't just for institutions or seasoned investors,' said Sanpal. 'It had to be inclusive. With the right tools and support, anyone with a vision and drive should feel like they have a place in the financial markets.' The firm's initial market entry is being shaped by both strategic and operational considerations. Its capital base of Dhs30m is earmarked to support expansion and liquidity provisioning, while its leadership team continues to engage in partnerships with financial and technology firms. Looking ahead As ANAX Capital begins trading, its leadership remains focused on building a sustainable, client-aligned model that addresses gaps in the existing market. The team, which includes professionals with experience in global markets and regulatory frameworks, sees its UAE base as a strategic advantage. Sanpal closed the launch by expressing gratitude for the support received from colleagues, partners, and her family. 'To our team, I am grateful for your dedication. And to everyone who believed in this vision, thank you. The journey ahead is bright.'
Zawya
6 days ago
- Business
- Zawya
ANAX Capital enters UAE Financial Market with First Category license obtained from SCA, celebrated with a grand launch at Palazzo Versace
Dubai, UAE: ANAX Capital Financial Markets LLC, a Dubai-based financial services firm, marked its official launch with 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. The launch follows ANAX Capital's recent milestone achievement of securing a First Category license from the Securities and Commodities Authority (SCA) of the UAE (License Number: 20200000258). 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 activities landscape. The company is backed by a capital base of AED 30 million. Speaking at the event, Mrs. Tabinda Sanpal, Founder and Director of ANAX Capital, emphasized the company's client-first philosophy and long-term vision: '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.' Mrs. Sanpal brings over a decade of experience from the UK financial markets, with a track record of strengthening operational infrastructure and ensuring regulatory excellence across capital market divisions. Joining her leadership team and celebrating this event, Mr. Mitul Kapadia, COO of ANAX Capital, who brings over 13 years of experience in the capital markets 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. '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. With a solid regulatory foundation and experienced leadership, 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. About ANAX Capital ANAX Capital is a Dubai-based financial services firm offering wide range of brokerage, portfolio management, advisory with secure access to global financial markets, including forex, CFDs, OTC products, equities, futures, and options. Backed by a capital base of AED 30 million, the company delivers transparent advanced trading technology tailored to both individual and institutional investors. ANAX Capital Financial Markets LLC is licensed and regulated by the UAE Securities and Commodities Authority (SCA) with First Category License (License No. 20200000258), ensuring full compliance with the highest standards of transparency, investor protection, and financial conduct.
Khaleej Times
6 days ago
- Business
- Khaleej Times
ANAX Capital enters UAE financial market with First Category licence
ANAX Capital Financial Markets LLC, a Dubai-based financial services firm, marked its official launch with 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. The launch follows ANAX Capital's recent milestone achievement of securing a First Category license from the Securities and Commodities Authority (SCA) of the UAE (Licence Number: 20200000258). This regulatory approval authorises 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 activities landscape. The company is backed by a capital base of Dh30 million. Speaking at the event, Tabinda Sanpal, founder and director of ANAX Capital, emphasised the company's client-first philosophy and long-term vision: "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 licence 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 UK financial markets, with a track record of strengthening operational infrastructure and ensuring regulatory excellence across capital market divisions. Joining her leadership team and celebrating this event, Mitul Kapadia, COO of ANAX Capital, who brings over 13 years of experience in the capital markets outlined the firm's core offering, secure access to international financial markets, including spot forex, CFDs, metals, indices, and direct trading in the US equities, futures, and options. "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. With a solid regulatory foundation and experienced leadership, 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. Retail and professional clients can now register through the portal:
Entrepreneur
6 days ago
- Business
- Entrepreneur
ANAX Capital Enters UAE Financial Market With First Category License From SCA
You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. ANAX Capital Financial Markets LLC, a Dubai-based financial services firm, marked its official launch with 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. The launch follows ANAX Capital's recent milestone achievement of 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 activities landscape. The company is backed by a capital base of AED30 million. Speaking at the event, Tabinda Sanpal, founder and Director of ANAX Capital, emphasized the company's client-first philosophy and long-term vision: "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." Satish and Tabinda Sanpal. Image courtesy: Anax Capital Joining her leadership team and celebrating this event, Mitul Kapadia, COO of ANAX Capital, who brings over 13 years of experience in the capital markets 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. "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. With a solid regulatory foundation and experienced leadership, 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.
