Did you know that if you bought stocks at Amazon’s initial public offering (IPO), you would be enjoying an 883% return on your investment? To put this in perspective, if you invested $1,000 (GBP 782.70) in Amazon stocks in 1997, you would have gotten 55 shares. Those are worth $9,831.25 (GBP 7,697.87) now. If you invested $20,000 (GBP 15,664), you could have bought 1,111 shares, currently valued at $198,591.25 (GBP 155,556.53).
The UAE has wholly embraced forex trading as it tries to take advantage of its geographic position and technological advancements to make itself a financial powerhouse in the region. In doing this, it has attracted numerous brokers who want to satisfy the demand for their services in the region.
There are hundreds of different financial markets to trade in including forex, stocks, indices, commodities, crypto, and much more. Throughout this article, we’ll tell you how to get started with trading in the digital age.