eToro adds ADX stocks to expand investment opportunities
eToro adds ADX stocks to its trading platform
eToro, a leading global trading and investment platform, has announced the addition of stocks from the Abu Dhabi Securities Exchange (ADX) to its platform.
This strategic move follows an agreement between eToro and ADX aimed at increasing investor access to the UAE’s financial markets, according to the platform’s website. The partnership provides eToro’s global community with the opportunity to invest in some of Abu Dhabi’s largest and most influential companies.
Expanded investment opportunities on ADX
With the addition of these new assets, eToro users can now invest in over 30 companies listed on ADX. These companies span various sectors, including banking, energy, real estate, technology, finance, and healthcare. The total market capitalization of these companies exceeds USD 700 billion, reinforcing ADX’s status as a rapidly growing financial hub.
“We are excited to provide our global users with the opportunity to diversify their portfolios by accessing leading companies in the UAE, while also enabling local investors to invest in businesses they know and trust,” said George Naddaf, Managing Director MENA at eToro.
“The first batch of stocks we are adding represents approximately USD 713 billion in market capitalization, covering nearly 88% of the exchange’s total market cap of USD 818 billion. We look forward to working closely with ADX to drive retail participation and educate investors about opportunities in the ever-growing UAE market,” he added.
ADX strengthens its global position
Abdulla Salem Alnuaimi, CEO of ADX, highlighted that the integration of ADX stocks into eToro’s platform plays a crucial role in enhancing market accessibility and attracting more investors to Abu Dhabi’s stock exchange.
“We are delighted that over 30 ADX-listed companies are now included on eToro’s platform, providing millions of investors worldwide with seamless access to leading ADX-listed firms,” he stated. “Our partnership with eToro is a continuation of ADX’s ongoing efforts to improve market accessibility and expand investor participation in Abu Dhabi’s capital market.”
ADX growth and market performance
In 2024, ADX significantly strengthened its position, ranking as the 7th largest emerging stock market. With a market capitalization of AED 2.9 trillion (USD 799 billion), the exchange has established itself among the world’s leading financial markets.
Notably, ADX ranked among the top five global exchanges in IPO fundraising, raising approximately USD 3.35 billion in 2024. This accounted for 27% of total IPO proceeds in the Middle East and 54% within the UAE, further cementing Abu Dhabi’s leadership in capital markets.
Increase in trading vVolume and foreign investment
Trading activity on ADX saw significant growth in 2024, with total trading volume reaching AED 342 billion, a 7% increase compared to the previous year. Additionally, net foreign investment surged to AED 24 billion, reflecting strong international interest in ADX-listed assets.
Foreign investors played a key role, accounting for nearly 40% of total trading activity, with a trading volume of AED 262 billion. Institutional investors contributed 80% of total trade volume, underlining ADX’s appeal to both retail and professional investors.
Future growth and innovation
As one of the world’s top 20 stock exchanges and the second-largest exchange in the Middle East, ADX continues to expand its influence. The inclusion of ADX stocks on eToro aligns with the exchange’s strategic goals of increasing investment opportunities, driving retail participation, and reinforcing Abu Dhabi’s role as a global financial hub.
With this partnership, eToro continues to expand its investment offerings, providing users with access to diverse markets, innovative financial solutions, and new trading opportunities.
Previously, eToro expanded its investment services in the UK by launching a new Individual Savings Account (ISA) with a self-directed investment option (DIY ISA).
