Saxo Bank, the online trading and investment specialist, has won the Best Investment Bank in the Middle East award at the 8th Saudi Money Expo. The Saudi Money Expo is considered one of the region’s most prestigious financial conferences.

With a long-standing commitment to the region, Saxo Bank opened its first Gulf office in Dubai in 2009, and more recently a second office in Abu Dhabi.

The Saudi Expo award for Best Investment Bank in the Middle East comes after the recent launch of Saxo Bank’s dedicated Arabic website, which enables investors to explore detailed product offerings, trading conditions and training materials such as videos and PDF guides in Arabic.

The award also recognizes the regional success of its latest trading platform, SaxoTraderGO, which offers a seamlessly integrated trading experience across desktop, mobile and tablet, giving investors the opportunity to explore more than 30,000 products in 40+ exchanges — all from a single account.

As part of a global client survey carried out to ensure the final SaxoTraderGO platform met the demands of international customers, Saxo Bank learned that its Middle East clients prioritized fast execution, as well as trust and reliability of the final product.

Fadi Mehdi, head of Saxo Bank’s Abu Dhabi office, said: “To receive this award in such a highly competitive market as the Middle East underlines the customer-centric approach for which Saxo Bank is globally renowned, and adds to our long tradition of success and innovation as an investment specialist. The recent launch of our Arabic website offering and SaxoTraderGO, our intuitive trading platform, were key facilitators in winning this award.”

Established in 1992 and a fully licensed online investment bank in Europe, Saxo Bank is among the first financial institutions to develop an online trading platform.