Interview with Shadiq Zameen, Vice President of Golden Brokers Dubai
For decades, Dubai has been sought-after for its luxury shopping, eccentric architecture and a vibrant nightlife scene. This famous emirate of the United Arab Emirates has also become a global hub for conferences, trade fairs, exhibitions and other business travel.
Moreover, Dubai has taken a position of a financial centre exceeding regional importance by attracting professionals from all around the world. Online investing and trading, one of the most dynamic segments in markets, is gaining momentum in the city located on the south-east coast of the Persian Gulf.
In recent days, Golden Brokers, the international broker providing trading services to individual as well as professional traders, opened its office in Dubai. We have met Shadiq Zameen, Vice President of Golden Brokers Dubai, in his office placed at the high-end financial district near to the Dubai World Trade Center.
What has been behind the decision of establishing a branch in Dubai and what are the main tasks for your local team?
We have been working with clients who are based in Dubai for some time now and we felt it was time that our clients come and see our people in person. And, of course, for prospective clients we actually wanted them to meet us as well, so that they can get a comprehensive understanding of complex financial instruments and derivatives, like contracts-for-difference (CFD), prior they start live trading.
Can you briefly describe your office? What are the major activities, what are key competencies of your staff?
Our office located in Dubai Trade Center Sheikh Zayed Rd offers clients to walk in and meet our competent staff. All our brokers have a minimum of 5 years of experience in this industry. In addition to our local staff here, we have trading specialists who can assist our clients remotely as well.
How did you make it to be responsible for business of the brand new office in the dynamic business environment of Dubai?
I have been in the financial derivatives industry since 2010, which is a 12-year journey. I have worked with two other Tier1 online brokers over the years. I have been involved in setting up similar offices in South Asia: in Colombo, Male and India. The logical next step is my arrival to Dubai, picking-up the exceptional opportunity to develop the branch of the renown international broker.
What makes Dubai an attractive destination for establishing offices like yours?
Over time, Dubai has evolved as the one of the top financial hubs of the world. There are new financial products released to the Dubai market frequently and received well in this developed financial environment. Having a physical presence in Dubai definitely gives the edge to our company against our competitors.
Dubai is not only a domicile for many companies acting in the world financial and capital markets; but also there are renowned conferences, exhibitions and trade summits like the ForexExpo. How do you like Dubai as a place for business and life?
People in Dubai financial industry receive well all the new technological developments in the financial markets. It empowers the unique dynamics Dubai keeps for new players as well as established brands. This place is a real-world hub when it comes to online trading. Furthermore, there are lot of trading groups, societies and clubs based in Dubai where we can share our business values and experience and, of course, invite the prospective partners and clients to our trading platform.
Golden Brokers Ltd.
The company provides trading in Contracts for Difference (“CFDs”) across major products such as forex, commodities, indices and shares to individual as well as professional traders.
Golden Brokers combine award-winning technology which enables professional and individual traders alike to gain access to the world’s largest and most liquid markets with personalised 24/5 customer care across all major time zones, offering the ultimate trading experience.