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Amana Revolutionizes MENA Stock Trading with Zero-Cost Model

Amana Zero-Cost MENA Stock Trading
Amana Zero-Cost MENA Stock Trading

 

MENA's leading neobroker, amana, is revolutionizing the trading and investing landscape by introducing unprecedented pricing on MENA stocks. With a zero-commission, zero-fees MENA Pricing strategy, amana aims to democratize finance and make regional markets more inclusive and accessible to all.

Pioneering Pricing Model:
Taking inspiration from successful brokers like Robinhood in the US, amana's zero-commission, zero-fees MENA Pricing strategy on the first $100,000 in investment is set to redefine the industry. By eliminating commission charges and covering all exchange and clearing fees on MENA stock transactions, amana significantly lowers the cost barrier for trading and investing in the region's stocks. This approach aims to increase market participation and enable more individuals to benefit from the region's economic growth.

Market Potential and Vision:
Currently, only about five percent of the Middle East's population is invested in the stock market, a stark contrast to other developed countries like the US, Australia, and Japan. Recognizing this untapped potential, amana is committed to reshaping the region's financial markets. Through its competitive pricing strategy, amana aims to foster inclusivity and accessibility, aligning with the global trend of democratizing finance.

Technological Advancements:
amana's flagship trading platform, the amana app, offers a user-friendly interface and transcends geographical boundaries, allowing customers to engage in markets across MENA and globally. With access to over 5,500 international assets, including stocks like Tesla and Amazon, as well as gold, forex, and crypto, all in one account, amana provides unparalleled opportunities for traders and investors. The browser-based amanaWeb complements the app, offering seamless trading, learning, and research capabilities.

MENA Market Potential:
The Middle East boasts approximately 1,160 listed companies with a combined market capitalization of around $4 trillion. amana customers can tap into this potential through access to major MENA exchanges in Dubai, Abu Dhabi, Saudi Arabia, Kuwait, Qatar, Bahrain, Lebanon, and Egypt. Stocks such as SALIK, Saudi Aramco, Qatar National Bank, FAB, and DEWA are readily available for trading, along with options for physical shares, CFDs, and fractional trading.

Towards a More Inclusive Future:
As amana embraces its unique MENA pricing model, it invites traders and investors across the region to participate in shaping a prosperous financial future. With a commitment to inclusivity and accessibility, amana aims to empower individuals to seize opportunities and contribute to the remarkable growth journey of the Middle East and beyond.

In conclusion, amana's zero-cost model for trading MENA stocks marks a significant milestone in the region's financial landscape. By removing barriers to entry and leveraging technology, amana is paving the way for a more inclusive and accessible future for all stakeholders.

By: Sahiba Suri

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