Rise, an app designed to move a trader from idea to position in the fewest stages possible, makes its debut in MENA and LATAM. If a new client’s first transaction is successful, they keep the profit; if not, Rise automatically reimburses the loss up to $100. Throughout the upcoming year, more features will be added. Rise, a trading software created from the ground up for a new generation of traders, marks the 20th anniversary of INGOT business, a multi-licensed brokerage business formed in 2006.
Before opening a trading app, this generation knows what it wants to trade because it reads the markets through the same channels that shape culture. Every screen, action, and line of content in Rise is evaluated based on whether it aids the trader in closing the gap between that and a position.Before it was shipped, each screen in Rise had to respond to one question: does this help a trader get closer to the position they came to take, or does it get in the way? Ahmad Khawanky, co-founder and chief product officer of Rise, stated, “A lot of what people expect to find in a trading app did not survive that question.”
What a new client encounters on the first day reflects that way of thinking. If their initial deal is successful, they keep the profit. If it loses, Rise automatically reimburses the loss up to $100 within ten minutes; there is no need to register a claim or wait. During a coffee break, onboarding proceeds from registration to a funded account. Additionally, a trader can open positions in eight international marketplaces as well as over 1,000 CFD products, ranging from equities, indices, and cryptocurrency to gold and oil.We’ve learned from twenty years in this business that traders believe what they can confirm. George Stylianou, Group Chief Commercial Officer at INGOT Group, stated, “A new trader’s first losing trade being refunded in ten minutes with nothing to claim says more about who we are than any campaign could.”
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