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Online trading apps in UAE: Everything you need to know about platforms, features and deposits


Online trading platform Robinhood brings focus back on app-based financial trading
Published: 
February 03, 2021 19:57
Wondering how to choose an online trading platform that best suits your needs? Read on
Image Credit: Stock image
Online trading platform Robinhood and the role it played in recent stock rallies in firms such as GameStop have brought the focus back on to online trading.
Over the last few weeks, the platform has faced the ire of top US financial watchdogs who have accused the firm of using “aggressive tactics” to lure newbie investors. While the event has caused many to question the regulatory framework around these apps, it showcases one important fact – the rising popularity of these platforms. ....

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OANDA launches Pro Trading account with 100:1 leverage


Jan 26 2021
SYDNEY, Jan. 26, 2021 /PRNewswire/ A global leader in online multi-asset trading services, OANDA has introduced a new Professional Trading account in Australia that enables clients to trade forex and CFDs with higher leverage ratios, margin relief and volume rebates. The OANDA Professional Trading account is open only to long-term traders with a proven knowledge of the markets and the inherent risks.
Anthony Griffin, Managing Director of the firm’s Australian operation explained, We’re delighted to introduce our new Professional Trading account, which will allow experienced clients to access a range of features including 100:1 leverage, margin relief when they place a guaranteed stop-loss order, and attractive volume rebates. However, this account is not for everyone. Traders must meet stringent criteria in order to qualify as a wholesale client or sophisticated investor before they can upgrade to the Professional Trading account. ....

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