Alexander-Wilhelm Oelfke, the former CEO of BDSwiss, has officially launched Tauro Markets, a new FX/CFD brokerage firm based in Dubai. Despite its recent entry into the market, Tauro Markets already has ambitious expansion plans.
In an exclusive interview, Oelfke revealed, “We are also looking into making our platform B2B-ready in the future.” The company currently holds licenses in Mauritius, Kuwait, and St Vincent & the Grenadines, with plans to apply for more regulatory approvals in other regions.
Tauro Markets has already built a strong presence in the MENA region and is now focusing on growing its business development teams in LATAM and APAC. Oelfke highlighted, “We already have one of the strongest business development teams in the MENA region, and we are in the process of establishing teams in the LATAM and APAC regions.”
A standout feature of Tauro Markets is its plan to go beyond traditional CFDs by offering crypto products. The broker is developing a crypto offering that will allow customers to hold cryptocurrencies and tokens physically, catering to long-term investors. Oelfke emphasized, “A proper CFD offering can serve retail traders well if structured correctly, but additional products are needed to satisfy the full spectrum of customer needs.”
This new venture marks an exciting development in the FX/CFD market, with Tauro Markets positioning itself as a versatile platform that aims to meet the diverse needs of modern traders.
