MultiBank Group introduced UAE Contracts for
Difference (CFD) on its app and MT5 platform to enable investors to trade Dubai
Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) shares. According to the company, this move aims to enhance
global access to the UAE’s expanding financial markets while offering better
integration for traders across all account types.
Enhancing UAE Stock Trading
MultiBank Group’s latest initiative allows investors
to diversify their portfolios by including UAE-listed stocks. The platform
supports all account types, Standard, Pro, and ECN, making trading accessible
to a broad range of market participants.
“The launch of UAE CFD shares is a significant
milestone in our journey to redefine financial services. By offering access to
the Dubai Financial Market and Abu Dhabi Securities Exchange, we are creating
new investment avenues while reinforcing our commitment to progress and
excellence,” Naser Taher, Founder and Chairman of MultiBank Group, said.
The addition of UAE CFD shares is a boost to MultiBank
Group’s offering, which already includes forex, commodities, indices, and
cryptocurrencies. Now, traders can reportedly manage all these assets within a
single account, eliminating the need for multiple platforms.
The UAE’s financial markets have seen significant
growth, with DFM and ADX adding AED 257 billion in value by the end of 2024.
Investor demand for UAE stocks has surged, positioning the region as a key
financial hub.
MultiBank Group’s competitive commission rates and
absence of minimum fees make UAE CFD trading more accessible. Lower trading
costs allow both retail and institutional investors to capitalize on
opportunities in the region without high barriers to entry.
Expanding Global Reach
The launch of UAE CFD trading follows a series of key
milestones for MultiBank Group. Recently, the firm introduced the
MultiBank-Plus trading platform and the MultiBank.io Crypto Exchange App.
Additionally, it established the MEX Exchange, the
first interbank trading and settlement ecosystem designed to enhance financial
infrastructure in emerging markets.
MultiBank Group reportedly facilitates daily trading
volumes exceeding more than $25 billion globally.
Last year, MultiBank Group launched its subsidiary,
MEX Digital FZE, in the UAE. MEX Digital obtained a license from the Virtual
Assets Regulatory Authority (VARA) in Dubai to operate under the MultiBank.io
brand.
MultiBank Group introduced UAE Contracts for
Difference (CFD) on its app and MT5 platform to enable investors to trade Dubai
Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) shares. According to the company, this move aims to enhance
global access to the UAE’s expanding financial markets while offering better
integration for traders across all account types.
Enhancing UAE Stock Trading
MultiBank Group’s latest initiative allows investors
to diversify their portfolios by including UAE-listed stocks. The platform
supports all account types, Standard, Pro, and ECN, making trading accessible
to a broad range of market participants.
“The launch of UAE CFD shares is a significant
milestone in our journey to redefine financial services. By offering access to
the Dubai Financial Market and Abu Dhabi Securities Exchange, we are creating
new investment avenues while reinforcing our commitment to progress and
excellence,” Naser Taher, Founder and Chairman of MultiBank Group, said.
The addition of UAE CFD shares is a boost to MultiBank
Group’s offering, which already includes forex, commodities, indices, and
cryptocurrencies. Now, traders can reportedly manage all these assets within a
single account, eliminating the need for multiple platforms.
The UAE’s financial markets have seen significant
growth, with DFM and ADX adding AED 257 billion in value by the end of 2024.
Investor demand for UAE stocks has surged, positioning the region as a key
financial hub.
MultiBank Group’s competitive commission rates and
absence of minimum fees make UAE CFD trading more accessible. Lower trading
costs allow both retail and institutional investors to capitalize on
opportunities in the region without high barriers to entry.
Expanding Global Reach
The launch of UAE CFD trading follows a series of key
milestones for MultiBank Group. Recently, the firm introduced the
MultiBank-Plus trading platform and the MultiBank.io Crypto Exchange App.
Additionally, it established the MEX Exchange, the
first interbank trading and settlement ecosystem designed to enhance financial
infrastructure in emerging markets.
MultiBank Group reportedly facilitates daily trading
volumes exceeding more than $25 billion globally.
Last year, MultiBank Group launched its subsidiary,
MEX Digital FZE, in the UAE. MEX Digital obtained a license from the Virtual
Assets Regulatory Authority (VARA) in Dubai to operate under the MultiBank.io
brand.
This post is originally published on FINANCEMAGNATES.
