Abu Dhabi-based international financial services firm, ADS Securities has launched Tuesday the first ever multi-asset smartphone trading application with full Arabic language functionality.
The OREX Mobile application, available for download from the Apple Store or Google Play for Android devices, is intuitive, easy-to-use and designed to enhance the trading experience for professional users through to private investors. The app represents a major investment for ADS Securities and has been in development and testing for over two years.
Philippe Ghanem, CEO and Vice-Chairman of ADS Securities, commented: “In just five short years, ADS Securities has established itself as one of the fastest growing brokerages in the world because of our unique business model: market-driven expansion of our products and services, investmwnt in innovative technology, and our commitment to offering the best prices and service. The development and launch of OREX Mobile is the natural next step in the evolution of our brokerage business. It is a new way to access our high standard of service combined with market-leading prices and spreads–OREX puts the power of a desktop in traders’ pockets to make the markets work for them anytime, anywhere.”
The OREX Mobile trading app allows traders with smartphones and tablets to access more than 1000 instruments with a single swipe, whenever and wherever they are. Based on ADS Securities’ award-winning OREX technology, mobile trading accounts can be opened, funded and operational in just minutes. The original OREX technology, launched in 2013, was designed to offer access to primary and secondary market liquidity at institutional standards of excellence.
“This is the first mobile trading application designed in the region, for the region, using state-of-the-art technology. It offers international pricing, products and service, all tailored to the unique requirements of Middle East traders. OREX Mobile is a first in MENA and a major step forward in ensuring that Arabic language traders have access to the same tier 1 mobile trading technology available around the world,” Mr Ghanem added.
OREX is the comprehensive mobile trading solution, offering:
· Full four language functionality: English, Arabic, Simplified & Traditional Chinese
· Availability of more than 90 currency pairs and over 1000 CFDs (including Forex, Commodities, Indices and Single Stocks)
· Risk management through an extensive range of order types
· Real time DowJones news feed by asset class or trading pairs, available in all four languages
· Advanced investment monitoring through Product Selector, Search & WatchList functions
· Deposit and withdrawal to and from accounts with one touch top up
· Economic news, calendar and daily market technical and fundamental updates in Arabic and English
A series of updates and upgrades to OREX Mobile are scheduled for roll out within the coming 12-24 months.