concluded today in Dubai, UAE, after a two-day event at the Dubai World Trade Centre . The expo attracted approximately 18,000 visitors who explored the latest developments and future trends in financial markets.
Two hundred leading online trading companies from 35 countries worldwide participated, aiming to strengthen their presence and attract new markets .
Amira Khalid Al-Breiki and Jawahir Rashid Bamatarf, co-founders of Scope, the UAE’s first online trading community , shared their company’s entrepreneurial journey and emphasized the importance of raising awareness about online trading and investment.
Best Trading Tools Award
Wael Rashid, Director of Administrative Development at Invest, confirmed to WAM that the company’s winning the “Best Trading Tools” award at Forex Expo 2024 is a culmination of its ongoing efforts to develop an integrated trading platform based on the latest financial technology and to provide innovative solutions that keep pace with market changes.
Pavel Spirin, CEO of Scope Markets, announced that the exhibition served as a platform to unveil new services, including the launch of two new CFD products for trading indices in Dubai and Abu Dhabi and tracking the movement of key regional stock markets, all through a single transaction regardless of location.
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Targeting investors
Sperin noted that the economies of the Gulf Cooperation Council (GCC) countries are experiencing rapid growth, driven in part by the participation of a larger number of companies listed on relevant regional stock exchanges. He added that the current trend among investors worldwide is towards adopting an easy way to invest in the UAE.
During a panel discussion on the ethics of automated forex trading, Ahmed Faqih from Naqdi, the regional sponsor of Forex Dubai, highlighted insights into the ethical and regulatory challenges related to algorithmic trading. Meanwhile, a session on “Sales Strategies and Market Penetration in the Forex World” reviewed the trading models of several companies.