Scope Markets Adds 23 New Dubai-Listed Stock CFDs to its GCC Offering

Scope Markets, a leading global financial services provider, has announced the addition of 23 Dubai-listed stock CFDs to its tradable universe, further strengthening its worldwide product offering. This expansion complements the 42 Abu Dhabi-listed stocks already available to Scope Markets clients.

As equity markets across the Middle East experience significant growth, investors are seeking opportunities to gain economic exposure to these assets. However, cross-border ownership restrictions and high transaction charges often pose challenges for overseas investors. Scope Markets has addressed these barriers by launching a range of long-only Middle Eastern stock CFDs, ensuring seamless access for a broad range of customers.

Pavel Spirin, Chief Executive Officer of Scope Markets, stated, "Equity markets across the Middle East are flourishing right now, as asset owners look to leverage the benefits of wider share ownership. That's creating a wealth of opportunities, but the barriers to ownership for overseas investors remain high. Scope Markets approach makes investing in these markets far more accessible to a much wider audience."

CFDs offer investors many of the same benefits as owning cash equities, including dividend payments and other corporate actions. The 23 new instruments are priced based on the underlying exchange prices, with trading fees charged by Scope Markets reflecting the underlying exchange transaction fees with a small mark-up.

Spirin added, "There's a theme of abundant confidence running through equity markets in the Middle East right now. As a business, we are building out our presence in the region and it's clear to see how the smart investor of today wants to diversify their portfolio, in a way where stocks from the GCC can sit alongside investments from established markets such as the US, UK and Germany."

The newly introduced Dubai-listed stock CFDs are available on multiple Scope Markets account types, including those denominated in USD and AED. This expansion demonstrates Scope Markets' commitment to providing its clients with diverse investment opportunities and facilitating access to emerging markets.