Tickmill Gulf Expansion Drives Competitive Edge in Middle East

Tickmill Gulf expansion reflects the broker’s growing commitment to strengthen its presence and trading services across the Middle East. The firm has inaugurated a new office in Kuwait City, marking its latest step to strengthen its footprint in the Middle East following the recent launch of its Oman branch last month.

The brokerage will operate from the 19th floor of Nouf Tower B on Jaber Al-Mubarak Street, offering client support and market access for traders across Kuwait and neighboring areas.

“We are proud to bring our world-class trading services closer to clients in Kuwait, offering them not only direct access to global markets but also the local support and expertise they deserve,” said Joseph Dahrieh, the Managing Director at Tickmill.

The Kuwait branch represents another milestone in Tickmill’s regional growth strategy, coming shortly after the company’s Oman office opening in July.

Tickmill Gulf Expansion Continues as Broker Opens Kuwait Branch

Tickmill’s latest expansion aligns with a broader industry push to capture surging trading demand in the Middle East. Regional trading volumes have spiked in 2025, with several brokers reporting exponential growth.

Capital.com revealed that trading volumes across the Middle East and North Africa reached $804.1 billion in the first half of 2025 — a 53% increase from the previous six months — with the UAE alone contributing over 70% of that figure.

Tickmill has also witnessed a significant uptick in trading activity in the region. In its last update in August 2024, the broker recorded $135 billion in trading volume, a 54% surge during the first half of that year.

Global Brokers Expand into the Gulf

A growing number of international brokers are now setting up local offices in Gulf countries to tap into the expanding market for forex and CFDs. The region’s youthful population and rising financial literacy are fueling interest in online trading.

Earlier in 2025, competitor XS.com similarly opened an office in Kuwait, citing objectives around improving client accessibility and fostering market growth. This movement underscores the increasing competition among brokers seeking a foothold in the Middle Eastern financial landscape.

Meanwhile, XTB this week launched another promotional campaign aimed at traders in the region, offering free shares to new clients opening accounts — a sign of intensifying rivalry among market participants.

Tickmill operates under the supervision of the UK’s Financial Conduct Authority, the Cyprus Securities and Exchange Commission, and the Seychelles Financial Services Authority. Additionally, the company maintains representative office status with Dubai’s financial regulator.

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