back Back

xCube launches a new trading platform in the UAE

By Leandra Monteiro

May 02, 2023

  • Derivatives
  • Dubai Financial Market
  • IPOs

xCube Dubai-based FinTech company, xCube, has unveiled its latest digital investment and trading platform for stocks and derivatives in the UAE.

xCube offers a seamless and completely digital account opening process, which can be completed in just minutes, with no minimum deposit necessary. With competitive rates, simple IPO registration, and tools for monitoring market activity with quotes and interactive charts, investors can enjoy a hassle-free investment experience.

Hamed Ali, CEO of Dubai Financial Market (DFM) and Nasdaq Dubai, said, “In alignment with UAE’s national agenda, DFM has been an ardent supporter of innovation and technology that fosters the country’s business and capital market ecosystem. Our association with xCube further reaffirms DFM’s commitment to provide market accessibility. The launch comes at a time when DFM is undergoing high demand for equities and IPOs, enabling investors to take advantage of the unique financial opportunities the market has to offer. We are positive that the addition of xCube will further enhance the accessibility of the Dubai’s capital markets.”

Saad Chalabi, CEO of xCube, said, “We are proud to be the pioneers in the industry to provide a complete digital onboarding experience and seamless access to the Dubai Financial Market, including IPO subscriptions”. He further added:” The xCube app is set to transform the conventional trading approach by offering a user-friendly platform equipped with cutting-edge data insights, charts, and tools. It caters to both new and experienced traders, enabling them to navigate their investment journey with confidence and ease”.

xCube’s intuitive platform offers competitive rates in the market and zero commission on futures trading. Users can request subscriptions to upcoming IPOs through the app, allocated shares will reflect directly in their accounts and can be traded immediately. xCube is regulated by the Securities & Commodities Authority and is currently available to residents of the United Arab Emirates.

Previous Article

May 02, 2023

Nomba raises $30m to streamline payment solutions

Read More
Next Article

May 02, 2023

Revolut enters LatAm market with launch in Brazil

Read More

IBSi Daily News Analysis


June 20, 2024


Why predictive AI is a critical necessity in the field of cybersecurity

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Revolut partners GTN to bring bond trading to EEA customers

Read More

June 10, 2024

5 WealthTech platforms simplifying credit score tracking in India

Read More

June 07, 2024

MORS expands in UK & Netherlands with 2 new neobank clients

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023