Scope Markets Introduces CFD Trading for Dubai and Abu Dhabi Indices

A significant shift in the financial sector will influence investors' desire to increase their portfolios in the UAE. Scope Markets has introduced two new CFD products, giving worldwide traders access to the Dubai and Abu Dhabi stock markets. These new trading products are a significant step forward for investors looking to capitalize on the rise of UAE equities indexes and the wider GCC stock market.

New Products for UAE Equity Market Exposure

The launch of the AD15 and DXBI CFDs provides individual traders and institutional investors with an effective option to participate in the dynamic stock markets of Abu Dhabi and Dubai. With prices that mirror regional stock market fluctuations, these products make it easier to obtain exposure to UAE equities. The availability of these assets coincides with the UAE markets' continued outperformance of other global indexes, supported by the region's strong economic fundamentals.

Pavel Spirin, Chief Executive Officer at Scope Markets, commented:

“We are genuinely excited to be offering clients the ability to gain exposure to both the Dubai and Abu Dhabi equity indices via a CFD. Its no secret that the GCC economies are growing rapidly, fuelled in part by more companies listing on the relevant regional markets. We know that investors from across the world want an easy way to add UAE exposure to their portfolios – these new products deliver that reality.”

Why UAE Equity Indices Matter to Investors

In recent months, the Abu Dhabi and Dubai stock markets outperformed other global indexes. Over the summer, the Abu Dhabi benchmark index increased by 10%, while the Dubai counterpart increased by more than 15%. This rise demonstrates not just the UAE's economic resiliency but also the region's growing desire for high-quality investments. As the GCC economies flourish, more firms register on stock exchanges, tempting worldwide traders to invest in this high-growth sector.

Mitesh Vaghela, Chief Business Officer at Scope Markets, added:

“At Scope Markets we have now developed these proprietary instruments which we believe provide a genuine market differentiator for us as a brokerage. We know the demand for investing in both Dubai and Abu Dhabi is there so we will use feedback from these products to see how we can further refine the offering and also look at expanding the product suite to allow access into other exchanges across the GCC.”

Scope Markets Widens Opportunities for Global Traders

The ability to trade CFDs on UAE equities indexes provides a strategic edge to traders worldwide. Using leverage of up to 1:20, investors may trade both long and short positions, boosting potential gains. This flexibility is especially attractive to financial advisers, institutional investors, and individual traders looking to get exposure to the rapidly expanding Abu Dhabi stock market and Dubai trading environment.

Foreign investors currently account for roughly 47% of all trading activity on the Dubai Financial Market (DFM), and 73% of new investors were from overseas and continues to grow. These new CFDs allow worldwide traders to have access to the region's key financial markets in a single, streamlined transaction.

Additional Growth Expected in GCC Stock Markets

Scope Markets' introduction of the AD15 and DXBI CFDs marks just the beginning of an expanded product range. With increased interest in GCC stock markets, future offers are expected to include access to additional regional exchanges, providing investors with even more ways to diversify their portfolios. Scope Markets' continual development of customized products suited to the demands of global traders secures its position as a global financial sector leader.

New Product Showcase at Forex Expo Dubai

The new UAE index CFDs will be on show at the Forex Expo Dubai, which will be held on October 7th and 8th at the World Trade Centre. The event will provide guests with the opportunity to learn more about these products, as well as the entire spectrum of Scope Markets' instruments. Scope Markets is well-positioned to address the demands of traders seeking exposure to the region's stock markets since it offers over 80 single equity CFDs from Abu Dhabi and Dubai.

About Scope Markets

Scope Markets is a well-known worldwide online trading and investing services supplier with a diverse portfolio of financial products, including currencies, commodities, equities, and indices. The platform serves retail and institutional customers by offering a safe, user-friendly environment for trading across several asset classes.

Scope Markets, founded on a focus on innovation and technology, is known for its sophisticated trading platforms, such as MetaTrader 4 and 5, as well as its own trading tools meant to improve user experience. The organization also stresses education, providing materials to help traders improve their knowledge and decision-making skills.

Scope Markets, which is regulated in numerous countries, provides transparency, security, and compliance with global financial regulations, making it a trusted alternative for traders all over the globe looking for a comprehensive and diverse trading experience.

Looking to trade UAE equities and explore GCC markets? Visit Scope Markets on WikiFX to discover more about the latest CFD products and investment opportunities.