Trading in Dubai. DFM – Dubai Stock Market. The United Arab Emirates (UAE) is a union of seven emirates in the Persian Gulf region with a population of about 10 million inhabitants. It is a rich and dynamically developing country. Half a century ago, it was a backward state of desert nomads, and on the site of the luxurious skyscrapers of Abu Dhabi, there was a fishing village. Everything changed when oil was found here. Nowadays, mainly foreigners are hired to work in the Emirates, and they earn much more than in their homeland.
Forex trading in Dubai
Forex Trading in Dubai and other cities of the UAE also received a significant leap forward in development. Investors from all over the world choose the UAE as their place of residence due to the favorable investment climate and the prospects for the development of the financial industry.
Is Forex trading in Dubai the strongest in the Middle East?
Today, this is not entirely true. Dubai is a unique place, just imagine, at the beginning of the twentieth century there was a desert here, today we say that this city is the main contender for the title of a regional exchange center in the entire Middle East.
Trading in Dubai
Of course, one can try to refute this statement, since today the Kuwait Stock Exchange has a serious handicap, primarily in terms of trade turnover. However, investors from the United Arab Emirates remain optimistic and continue to gradually build up the authority of their own platform and the entire trading in Dubai.
Best online trading platform in UAE
What is the Dubai Stock Exchange at present?
In the circulation of the best online trading platform in UAE – DFM, you can find securities of the most successful companies from the UAE, Kuwait, Oman, Bahrain, and other Middle Eastern states. In general, shares of various organizations are represented on this market, of course, with the exception of Israeli issuers.
DFM is the consolidation core, which accordingly includes the stock market of the city of Dubai, as well as the Nasdaq Dubai electronic exchange. Such amalgamations are needed to increase the liquidity of trading in Dubai. By and large, such processes quite often occur in European and US stock exchanges.
How to invest in us stock market from Dubai
The software for working with quotes is adapted for absolutely all operating systems. An interesting fact is that in the UAE you can trade even with a smart watch. Dubai positions itself as a scientifically progressive city, and it is not without reason that various exhibitions of computer technology are held here.
It should be noted that exchange trading is still a novelty for the UAE. Therefore, on their best online trading platform in UAE, they could not help but pay attention to the most famous attributes, such as the bell, which for a long time was considered the symbol of American markets.
Thinking about moving to Dubai? Don’t be afraid! There is always a demand for financial analysts, managers, traders, bank employees in the top 10 forex trading companies in Dubai. You can easily find the answer to the question of how to invest in us stock market from Dubai and you will get accustomed here!