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The culture of trading stocks and other securities on the Internet is spreading strongly, especially in the UAE, where this activity is somewhat recent.
Some refer the issue of proliferation to the consequences of the Corona pandemic and the accompanying growing trend towards digital services. This contributed to the growing demand from individuals for easy digital trading in general, which they rely on to increase income and build an investment portfolio.
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Globally, investment success stories came from individuals who achieved success during the Covid-19 pandemic, and overcame the consequences of employee layoffs. Perhaps the consequences of that are evident even today, and recently the major American companies laid off thousands of their employees. In light of this, individuals resort to fortifying themselves financially by searching for another source of income that protects them.
In Dubai, brokerage firms in the Dubai Financial Market added 22,704 new accounts to investors during the first five months of this year.
The most prominent sectors that have been trending recently has been digital investment, which has grown steadily in recent years, and according to the Bank for International Settlements, the volume of monetary transactions has exceeded levels of $7.5 trillion, which represents a clear indication of the increase in participation rates, and thus the ranges of volatility in the markets have increased, and this It would increase the demand for trading and seize these fluctuations.
With the growth of online trading platforms, and the increasing reliance on algorithmic trading and other digital investment tools, the digital investment trend is expected to continue to increase in the coming years.
In addition, the emergence of many new online investment sectors, which are now dominating the interests of the new generation of young people, such as e-commerce, emerging companies, the technology sector, artificial intelligence systems, the robotics industry, and others, is what occupies new investors who are interested in investing in sectors despite their modernity. generate a higher income for them in the future.
informed audience
Wael Makarem, chief market strategist – Middle East and North Africa region at Exness, said: “After the Corona pandemic, the interest and orientation of community members increased in investing and trading in financial assets via the Internet, such as digital currencies, gold, stocks, and other various sectors, in order to search for income.” In addition, we expect an increase in the demand for online trading in the coming years, with the emergence of a new generation of young investors who love investing and trading via the Internet.
He added: «The public today in the UAE is more aware than before, in terms of its knowledge of the sectors in which it wants to invest and trade in, and the idea of their turnout is always accompanied by strong movements in certain financial assets, such as the rise or fall of gold, and there is a great demand for trading in this sector. Also, the decline or rise of the stock markets will be more interesting, and the market movement is what helps to increase the demand for these sectors, which are important for new traders.
Makarim explained, according to recent data and figures, that there are 3 sectors that have become attractive to new investors via the Internet recently, which are; Artificial intelligence and robots, especially with the recent global interest in the issue of “GPT chat”, and the innovations of companies in this field, and the two sectors that are still in their infancy carry great opportunities in the future, in addition to the e-commerce sector, which has recently grown in demand.
Cryptocurrency fluctuations
Iskandar al-Najjar, CEO of the Equiti Group, believes that the boom in investment and electronic trading grew more after the pandemic stage, as people searched for ways to earn money easily, in addition to the sharp rise in the volatility of cryptocurrencies, because leaving capital idle in the account Banking will not help save and develop, and we have seen that inflation recently erodes the real value of inactive cash savings.
Al-Najjar said: “With the spread of the Internet, people’s perception of investment began to change, and they turned more towards stocks and digital currencies. The emergence of trading platforms and the availability of information made it easier than ever for individuals to access information about various sectors and make informed investment decisions.”
The CEO of Equity Group added: “The demand for investment in startups has increased recently, and the technology sector is on the top of the sectors that receive a strong demand for high-return investment and greater risk, in addition to the artificial intelligence sector, which is still in its infancy, but is spreading. It quickly gets a lot of interest, because it is possible to invest in funds that operate on artificial intelligence and analyze the markets and invest for you.”
very popular
Al-Najjar indicated that online trading is very popular in the UAE, and gold trading may continue later, which is a prominent type of business that has a common history in the Middle East. He explained that there is no difference between stock trading companies and reliable forex trading companies in the Emirates, and the only difference between them is the financial instrument provided by these companies. The UAE also provides stock trading.
The impact of social media
Saeed Al Darmaki, founder and CEO of Shisha Finance, says: “Social media has had a major role in influencing the public’s interest in investing in digital currencies, as it made it easier for young people to access the required information and how to invest in it in an easy and simple way, in addition to educating and informing the public about the benefits of and the risks of investing in these new assets.
Al Darmaki pointed out that many investors in the past focused on traditional sectors, such as real estate, stocks and bonds, with the advent of digital currencies and other forms of investment.
