XTB offers free shares to attract new traders in the Middle East
In a major push for the Middle East and North Africa (MENA) region, brokerage firm XTB is giving away 10 free shares of Emaar Properties to new clients. The promotion is part of an educational program aimed at novice investors.
According to Achraf Drid, Managing Director at XTB MENA, the campaign focuses on providing “the right mindset and the right tools,” using the free shares as an incentive to get started alongside financial literacy workshops. This is the second such promotion from XTB this year.
Plus500 strikes major deal with US prop firm Topstep
In other brokerage news, Plus500 has signed an exclusive deal to become the technology and clearing backbone for Topstep, a major US proprietary trading firm. This partnership will support Topstep’s expansion into full brokerage services.
Plus500 CEO David Zruia called it a “significant step” in the broker’s expansion across the US futures market. The deal follows the recent milestone of Plus500’s US futures business holding over $1 billion in customer funds.
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