Egypt’s Financial Regulatory Authority (FRA) has authorised securities brokerage firms to market their services through electronic payment applications and other digital platforms for the first time, according to a statement issued by the regulator on Saturday. Farid stated that the decision integrates technology into the core of non-banking financial services while enforcing strict controls to protect investor data and prevent biased guidance. While platforms may promote brokerage services following a formal agreement, they are strictly prohibited from acting on behalf of the brokerage firm or providing investment advice. The FRA emphasised that brokerage firms remain solely responsible for opening client accounts and executing trade orders. Additionally, brokerage firms are required to publish clear, updated information on the platforms regarding their services, fees, commissions, and the risks associated with electronic trading.

Source: Daily News Egypt February 07, 2026 17:13 UTC