Wealthface Partners With DriveWealth to Offer US Equities Trading

Wealthface has launched its online trading platform for active investors in the Middle East and the United States. Clients have the option to build their own portfolio, powered by a factor investing advanced algorithms.

The trading platform specializes in expert investment services through a blend of investment options, advanced Fintech and professional human expertise.

Licensed by the U.S. Securities and Exchange Commission (SEC) and ADGM’s Financial Services Regulatory Authority (FSRA), Wealthface is working closely with US-based Drivewealth to provide a comprehensive US stock trading offering that includes fractional shares and low commissions.

Bilal Majbour, Founder and Chief Executive Officer of Wealthface, said: “Our mission at Wealthface is to give everyone, everywhere access to the financial market and always make sure to offer a complimentary solution on what clients have access to in the market.

“Wealthface Trade is a super innovative platform where clients not only trade US stocks like any broker, but we actually have developed unique financial tools where users can build their own basket, choose the stocks, the weight for each stock, and trade the whole basket with a simple click. Users now can enjoy trading not only because of the low fees but also because we provide them the best on the market.

Using DriveWealth’s infrastructure, Wealthface will be offering investors and traders access to thousands of stocks via web and mobile, with commissions priced at $1 per trade.

The trading company allows users to also build their portfolio, rebalance it, and execute it directly to the market and select quantitative investment strategies.

Wealthface was founded in June 2018 as a one-stop online investment platform based in the UAE that offers both passive indexing and factor investing services. The firm developed a robo-advice platform in-house based on advanced Nobel Prize academic research.

The partnership with DriveWealth opens the doors to active investors from the retail trading sphere with an appetite for US equities.