"UAE Sees 64% Surge in Digital Trading Platform Users"

In the United Arab Emirates, there has been a noticeable increase in the usage of digital trading platforms integrated with artificial intelligence. This growth rate reached 64% during the first half of this year, as estimated by Al Ramz Corporation Investment and Development, a company listed on the Dubai Financial Market.

A report from the Al Ramz Corporation's financial services group highlighted a prevalent trend where most investors rely on artificial intelligence as an educational tool to understand investment basics. Over time, AI's advanced applications expand progressively.

The report explained that current global market fluctuations and successive developments complicate the accurate prediction of various investment tools' performance. Therefore, investors are encouraged to utilize AI to facilitate the investment process and adjust trading strategies accordingly.

For instance, the report indicated the current challenges in accurately predicting gold prices due to market volatility. Historically, gold offers an average annual return of about 2% over the long term, maintaining stability as a safe haven.

However, the report ruled out a sharp correction of 30–40% in gold prices but mentioned that a 10–20% decline remains possible if economic conditions improve, decreasing gold's demand as a haven. Investors seeking higher income might lean towards stocks or real estate, despite their higher risks.

According to the Al Ramz report, optimal medium to long-term investment strategy hinges on individual goals. Historically, stocks have proven to be the best option over the long term compared to gold or real estate, as supported by various studies.

Diversifying investment tools remains the best strategy for wealth owners, while those seeking faster wealth accumulation might find stocks preferable, factoring in additional risks.

The report also pointed out that stocks benefit most from interest rate cuts, becoming more attractive than other tools. Recent economic data increased the likelihood of the U.S. Federal Reserve cutting rates, which directly supports stock markets.

The UAE has become a regional and global financial hub. This is due to several factors, including political and economic stability, rule of law, advanced regulations, an investment-friendly environment, and population diversity.

President & CEO of the Al Ramz Corporation, Haitham Al Ahmed, noted a significant interest in digital trading platforms in the UAE. Accessibility to banking services has grown alongside technology and smartphone proliferation.

It's crucial to ensure the platform is licensed nationally and subject to local oversight, avoiding misleading offers like "free trading" or excessive leverage due to their high risks. Legal security and financial stability of the platform are paramount.

Al Ramz Corporation is listed on the Dubai Financial Market, and all its services are locally licensed and fully regulated by the Securities and Commodities Authority. This differentiates it from companies offering services from outside the country.

Key investor protection measures include segregating customer funds and contracts from company accounts, as opposed to some platforms relying on contracts for differences. This protects investors against financial distress.

Al Ahmed emphasized the importance of a fully automated customer journey when engaging with digital platforms, from opening accounts to depositing and withdrawing funds or stocks. No minimum investment is required.

He stressed that users could benefit from the platform as a source of financial awareness and market tracking, even without trading.

Regarding utilizing AI to support investors after global customer losses surpassed 80% on major trading platforms, Al Ahmed explained that the "investment companion" model acts as a virtual assistant.

This assistant accompanies investors throughout their investment journey, addresses their questions, aids in decision-making whether in building, managing, or monitoring portfolios, and readjusts them according to their objectives.

The primary goal is to enable investors to achieve maximum possible returns while minimizing losses, relying on three pillars: providing precise information, offering effective analytical tools, and executing trades simply and straightforwardly.

AI's importance in making sound investment decisions lies in assisting investors in identifying any flaws in their choices before investing by providing accurate data and comprehensive analyses, thus increasing the odds of making timely and correct decisions.

AI systems study historical data while being updated with live news and updates for all listed companies, including changes in indices or financial results. This allows investors to pinpoint the right moment to enter or exit investments, even with rapidly changing conditions.

Furthermore, Al Ahmed concluded by affirming that social trading (interaction among investors) has become a crucial tool for increasing awareness and sharing experiences. The new law permits expressing opinions and analyses without issuing direct recommendations without a license, maximizing the benefit of this feature.