3.2% economic growth in 2022:FOREX.com brings real-time trading expertise to the region

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The global trading specialist, part of the famed StoneX Group, brings together expert advice, tools, and comprehensive solutions on a single platform.

Dubai: As the world economy struggles to recover from the after-effects of the pandemic, financial markets are more volatile than ever. Insecurity, instability, and a general sense of uncertainty have become the norm. Investors need a stable and reliable voice to guide them through the noise, allowing them to secure short and long-term investments with confidence –   which is where Forex.com comes in.

Part of the StoneX Group Inc., Forex.com is a global market leader that provides independent traders the technology and tools they need to connect to global markets. Since 2001, Forex.com has established award-winning platforms, services, and technologies that have been utilized by over 500,000 traders around the world. 

Ritu Singh, Regional Director, Stone X Group Inc. elaborates, “Forex.com has been in the region for a while, providing expert service to our valued clients. With the acquisition by StoneX Group Inc., we have the unique opportunity to add to our legacy and offerings, combining local support with global strength and unparalleled infrastructure. We have long-term investment plans for the region, and our aim is to bring customised tools and services for our clients here. We start by bringing in our latest product – Extended Hours Stocks – which enables stock traders in the region to access the most popular US stocks outside of market hours.”

Experts predict that the global economy is set to slow heading into 2023, as the post-COVID recovery and policy tailwinds fade. After a 6.1% growth last year, the IMF is projecting 2022 economic growth to come in at 3.2%, and 2023 output to rise just 2.9%, assuming we avoid a global recession.

The ongoing stop-and-start recovery from COVID has also disrupted global supply chains, leading to more instability in economies all around the globe, including the Middle East. Even though the region is predicted to perform better than the broader global economy, changes in fuel and food prices are likely to have an impact. Global investors need to factor in how demand and supply chains will impact trade around the world, and the experts at Forex.com provide this much-needed insight. 

Forex.com offers retail clients easy access to over 9,500 markets globally, providing cutting-edge trading technology, including platforms, tools, and execution. With a dedicated team and office in the UAE, and a dedicated MENA HNW proposition, Forex.com is a highly-regulated brand, with services regulated by seven legal entities globally.

About FOREX.com

FOREX.com is part of StoneX Group Inc. (NASDAQ: SNEX), a publicly-traded company, and meets the highest standards of corporate governance, financial reporting, and disclosure. FOREX.com gives its clients access to over 9,500 tradeable markets and is a global market leader in the leveraged trading industry. 

About StoneX Group Inc. 

StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high touch service and deep expertise. The company strives to be the one trusted partner to its clients, providing its network, product and services to allow them to pursue trading opportunities, manage their market risks, make investments and improve their business performance. A Fortune-500 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ:SNEX), StoneX Group Inc. and its over 3,300 employees serve more than 45,000 commercial and institutional clients, and more than 370,000 active retail accounts, from more than 40 offices spread across five continents.