Saham Holding Launches MetaTrader 5 Trading Platform on the Saudi Stock Exchange

Saham Holding, a financial technology and securities firm based in Saudi Arabia, has announced today that it has enhanced its overall trading experience with the launch of the MetaTrader 5 platform on the Saudi Stock Exchange. With the development, Saham has become the first firm to begin providing real Saudi market data through MetaTrader 5. Saham now distributes real-time and historical data for all Saudi financial instruments.

The MetaTrader 5 platform is now available to all its traders through desktop and mobile applications. The firm stated it has built its offering to provide better advantages for its clients looking to invest in real shares, to enable them to sell and purchase shares of the major publicly listed companies worldwide listed on the Saudi Stock Exchange.

By adding MetaTrader 5 to the stock market, Saham wants to enable traders and investors to access and invest in forex and exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term markets across a total of more than 200 investment instruments.

Abdulrhman Al Meshal, the CEO of Saham Holding, stated: "It is impossible to keep pace with the Saudi market technical revolution without a technologically sophisticated solution such as MetaTrader 5. We, at Saham, are thrilled to start offering a distinctive product which improves our clients' experience and satisfaction levels. This is only the beginning as we are planning to add Middle East markets to our offering soon."

Established in 2015, Saham develops software applications that solve complex problems faced by investors, banks and financial markets. The company not only operates in compliance with Saudi Capital Market Authority regulations but is also licensed by the Saudi Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term.

Enabling Local Traders Access to Global Financial Markets

Saudi Arabia is not the usual destination for brokers to connect their MetaTrader platform. However, with low entry barriers and new accreditation, Saham Holding is diversifying its products on the MetaTrader platform to serve its clients in better ways. With the launch of MetaTrader 5 platform, Saham is now able to run its brokerage business in various financial markets including forex, stock exchange and futures markets.