Is Citigroup Saudi Arabia licensed?
Is Citigroup Saudi Arabia licensed?
No, Citigroup Saudi Arabia is not a financial brokerage company at all, as the Capital Market Authority in the Kingdom of Saudi Arabia and other official regulatory bodies have confirmed that there is no licensed trading company in any of the financial markets in the world bearing the name “Citigroup Saudi Arabia”.
سيتي جروب العربية السعودية
While the real Citigroup has a subsidiary in the Kingdom of Saudi Arabia, known as Citibank Saudi Arabia, it is a fully licensed company in Saudi Arabia, but it does not provide any trading services in the stock market, especially CFD trading in particular. Therefore, it is necessary to be careful when you encounter any advertisement for a company claiming to be affiliated with Citigroup Bank and providing trading services.
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10-23-2024, 09:06 PM #1Is Citigroup Saudi Arabia licensed?
No, Citigroup Saudi Arabia is not a financial brokerage company at all, as the Capital Market Authority in the Kingdom of Saudi Arabia and other official regulatory bodies have confirmed that there is no licensed trading company in any of the financial markets in the world bearing the name “Citigroup Saudi Arabia”.
سيتي جروب العربية السعودية
While the real Citigroup has a subsidiary in the Kingdom of Saudi Arabia, known as Citibank Saudi Arabia, it is a fully licensed company in Saudi Arabia, but it does not provide any trading services in the stock market, especially CFD trading in particular. Therefore, it is necessary to be careful when you encounter any advertisement for a company claiming to be affiliated with Citigroup Bank and providing trading services.
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