Dubai - Mubasher: The Dubai Financial Market (DFM) will waive the minimum trading commission starting 1 September 2021.
This decision aims to attract individual investors to the market and enable them to benefit from its investment opportunities, including various asset classes and financial products, according to a press release on Tuesday.
The CEO of DFM, Hassan Al Serkal, said: "Waiving the minimum trading commission represents a significant development for retail investors in particular, as it will directly reduce the transaction cost and consequently maximises the potential return, hence encouraging them to further trade on the market."
It is noteworthy to mention that the Abu Dhabi Securities Exchange (ADX) has also canceled its minimum commission fees on the trading of all listed securities starting 31 August.
