Brokerage group ATFX announced on Monday that it has received regulatory approval from Cambodia’s Securities and Exchange Regulator (SERC), allowing the company to operate in the Southeast Asian country with a new licensed entity.
The new license marks another step in ATFX’s expansion efforts, as the broker continues to grow its footprint in emerging markets.
“Securing this license is a meaningful milestone for ATFX,” said Joe Li, Chairman of ATFX. “It reflects our long-term commitment to the Cambodian market and our belief in the power of financial education. We look forward to supporting local traders with the tools, insights, and mentorship they need to succeed globally.”
Big plans for Cambodia
Beyond getting a local license, ATFX is in the process of establishing a number of new initiatives for its expansion into Cambodia.
That includes running mentorship programmes, connecting new traders with experienced professionals. The broker will also run in-person seminars in the country to grow its business in the country.
On top of that, the broker will have a dedicated support service for traders based in the country.
ATFX now has a physical presence in more than 20 countries and has a set of global licenses from various tier-1 jurisdictions, including Hong Kong, the UK, the UAE, and Australia.
Headquartered in London, ATFX operates in 24 markets globally, providing trading services in forex and CFDs. The firm said it would also offer multilingual customer support and locally tailored resources to better serve Cambodian clients.
