Online Trading Brings New Opportunities, Golden Brokers Further Expands

What are the most distinctive developments, related to investing, that Golden Brokers sees in the world economy now?

We have observed a continued high level of inflation in many parts of the world, which has created challenges for investors. Additionally, there are concerns about the overall economic growth. However, we have also witnessed disruptive phenomena such as the emergence of GPT Chat and metaverse projects, which are reshaping the traditional order.

Is trading in oil and gas still a windfall, like in 2022, or has the market with commodities-based securities changed?

The market for commodities-based securities, including oil and gas, has experienced some changes since 2022. The ongoing geopolitical situation, particularly the tensions between Russia and Ukraine, has kept the energy markets highly active. As a result, trading in oil and gas has remained lucrative for investors.

AI game-changing in Online Trading

In the online trading industry, are there any game-changers such as new features or technologies that further simplify, accelerate, or secure trading with stocks and derivatives?

Yes, there have been notable advancements in the online trading industry. One significant game-changer is the adoption of advanced technologies like artificial intelligence and machine learning algorithms, which enable more efficient and secure trading processes. Additionally, platforms are constantly improving their user interfaces and adding new features to enhance the overall trading experience.

Do traders prefer derivatives (like CFDs) on commodities to stocks, indices, or forex? Could you specify the shares in trading volume between these main kinds of instruments?

The preference for derivatives such as Contracts for Difference (CFDs) on commodities versus share stocks, indices, or forex can vary among traders based on their individual strategies, risk appetite, and market conditions. It is important to note that the preferences of traders can change over time and are influenced by various factors. Some traders may choose to trade multiple instruments across different asset classes to diversify their portfolios and take advantage of various market opportunities.

However, historically, share stocks, indices, and forex have generally been more popular and have higher trading volumes compared to commodities derivatives like CFDs. This is because shares, indices, and forex are more widely known and followed by traders, and they often have more liquid and well-established markets.

That being said, commodities derivatives attract particularly those who specialize in commodity trading or have a specific interest in that sector. Commodities such as oil, gold, and agricultural products have their own unique characteristics.

Aimed to Expand in the Gulf Region

Last year, you praised the UAE for its environment and infrastructure enabling businesses to grow. Does it still pay off that Golden Brokers decided to establish a branch in Dubai?

Absolutely, our decision to establish a branch in Dubai continues to pay off. The business environment in the UAE, particularly Dubai, remains favorable for growth. The country’s supportive infrastructure and regulations have facilitated our expansion efforts, and we have seen positive results in terms of clientele and business development.

What are the nearest plans of Golden Brokers?

Our nearest plans include leveraging our expertise and experience gained in Golden Brokers to further benefit our customers in the Gulf region. We intend to conduct trading-related workshops and educational programs to raise awareness about CFD trading, its opportunities, and associated risks. Additionally, we aim to expand our physical presence in other parts of the United Arab Emirates and explore opportunities in other Gulf regions.