Dubai-based fintech company xCube has launched a new digital investment and trading platform for stocks and derivatives in the United Arab Emirates (UAE). The platform is now available for download on the App Store and Google Play. xCube offers a completely digital account opening process that can be completed in minutes with no minimum deposit required. The app has competitive rates, simple IPO registration and state-of-the-art tools for monitoring market activity. Investors can enjoy a hassle-free investment experience with xCube’s intuitive platform.
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Hamed Ali, CEO of Dubai Financial Market (DFM) and Nasdaq Dubai, said that DFM has always supported innovation and technology that fosters the country’s business and capital market ecosystem. The launch of xCube further confirms DFM’s commitment to provide market accessibility. Ali added that DFM is undergoing high demand for equities and IPOs and the addition of xCube will enhance the accessibility of Dubai’s capital markets. xCube CEO Saad Chalabi said that xCube is proud to be the first company in the industry to provide a complete digital onboarding experience and seamless access to the Dubai Financial Market. Chalabi added that the xCube app offers a user-friendly platform equipped with cutting-edge data insights, charts an