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Dubai-based CFD broker MultiBank Group has announced the addition of UAE Contracts for Difference (CFD) shares to its MultiBank-Plus App and MT5 platform. This expansion allows investors to trade shares from the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) across Standard, Pro, and ECN account types.
The company states that introduction of UAE CFD shares trading aligns with MultiBank Group's focus on innovation and providing its clients with access to a wide range of global markets. By integrating this new offering into its MultiBank-Plus App and MT5 platform, the Group enables traders to diversify their portfolios and take advantage of investment opportunities in the UAE using a single account.
UAE CFD shares join MultiBank Group's existing suite of tradable products, which includes forex, commodities, indices, and cryptocurrencies. This comprehensive offering aims to provide investors with a convenient and flexible way to access global markets.
The DFM and ADX are among the most active exchanges in the Middle East, collectively adding approximately AED 257 billion in value by the end of 2024. This growth can be attributed to the increasing interest in UAE stocks among investors and the region's development as a financial hub.
MultiBank Group offers competitive commission rates for UAE CFD trading, with no minimum fees, making it accessible for investors at various levels to participate in the UAE's financial markets.
Naser Taher, Founder and Chairman of MultiBank Group, commented on the launch, stating, "The launch of UAE CFD shares is an important step in our journey to expand our financial services offerings. By providing access to the Dubai Financial Market and Abu Dhabi Securities Exchange, we are creating new investment opportunities for our clients while demonstrating our commitment to progress and excellence. It reflects our focus on delivering innovative solutions tailored to our international clientele."
This is the latest in a series of developments for MultiBank Group, including the introduction of the MultiBank-Plus trading platform, the launch of the MultiBank.io Crypto Exchange App, and the establishment of MEX Exchange, an interbank trading exchange and settlement ecosystem designed to enhance the financial landscape of emerging markets.
Founded in California, USA, in 2005, MultiBank Group serves over 2 million clients across 100 countries, with substantial daily trading volumes. Known for its trading solutions, regulatory compliance, and customer service, MultiBank Group offers a range of brokerage services and asset management solutions. The Group is regulated by numerous financial authorities across five continents.
