Abstract:Capex share dealing services have officially commenced in the Middle East and North Africa, strengthening its presence and position as a prominent broker in the MENA markets.
Capex.com, also known as Capex, has recently expanded its scope of offerings with the commencement of share trading services with Capex Invest, especially for its customers in the Middle East and North Africa (MENA).
With a substantial presence in the MENA area, Capex offers share dealing services under the licence it received from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Markets in 2020. Companies are permitted to provide conventional trading instruments under the licence.
Capex Invest offers more than 5,000 shares listed on the markets of the United States, the United Kingdom, and the European Union. More than 100 exchange-traded funds (ETFs) from ten important international exchanges will also be listed.
The broker was founded in 2016 as CFD Global.com and changed its name to CAPEX.com in 2019. The platform's primary services include forex trading and contracts for differences (CFDs) trading with instruments from other common asset classes. The site swiftly introduced cryptocurrency products as the asset class gained prominence.
Additionally, Capex.com expanded its MENA presence by receiving preliminary permission for a cryptocurrency licence from Abu Dhabi Global Markets, the United Arab Emirates' regulatory body (ADGM). Additionally, the brokerage is governed in Seychelles, South Africa, and Cyprus.
Instead of using derivatives contracts, share dealing services allow traders to hold the actual shares of listed corporations. Inventors can hold onto their capital for a more extended period of time because it avoids counterparty trading risks.
Many reputable FX and CFD brokers have recently entered the share market. Following the acquisition of a capital markets licence in Singapore, London-listed CMC Markets, which debuted its share trading platform, CMC Invest, in the United Kingdom in October, now plans to do the same in Singapore by the first quarter of 2023.
Other brokers also provide these share trading services, such as Plus500, Capital.com, and ActivTrades. Many even make it possible for traders to buy shares in fractions, decreasing the entry hurdle for such purchases.
In conjunction with this newly launched service, Capex appointed internet sensation cum magician Zach King as its official brand ambassador. King is renowned for his videos of contemporary magic tricks, which have garnered more than 73.3 million TikTok, 24.6 million Instagram, and 15.4 million YouTube subscribers. Through this attempt, it is believed that Capex will be advertised to a broader audience.
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