INGOT Group Launches Rise App as It Marks Two Decades in Brokerage

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INGOT Group launches Rise app for 20 years | AI-Generated Image

INGOT Group announced the launch of its Rise trading app to mark two decades since its establishment, positioning the platform to reduce steps between market analysis and trade execution for younger users in the Middle East, North Africa and Latin America. The announcement detailed an introductory offer in which new clients retain any profit from their initial trade while receiving an automatic refund of up to 100 dollars on losses, processed within 10 minutes without additional claims. Onboarding allows users to move from registration to a funded account during a typical coffee break, granting immediate exposure to more than 1,000 contracts for difference spanning eight global markets that encompass commodities, equities, indices and digital assets.

In the company statement, Ahmad Khawanky, co-founder and chief product officer of Rise, said every screen had to answer one question before it shipped: does this get a trader closer to the position they came to take, or does it get in the way. A lot of what people expect to find in a trading app did not survive that question, he added. The approach reflects lessons from 20 years in the industry, where verification through action builds greater trust than promotional efforts alone.

George Stylianou, group chief commercial officer at INGOT Group, stated in the announcement that 20 years in this industry taught us that traders trust what they can verify. A new trader’s first losing trade refunded in ten minutes, with nothing to claim, says more about who we are than any campaign could. Existing brokerage services will continue unchanged for established customers, maintaining the personal service model that has characterized the group.

Nidal Abdel Hadi, chief executive officer of Rise, noted that the first question a trader asks about a new app is who stands behind it. Rise is new, and the group operating it has been regulated across multiple jurisdictions for 20 years, providing a foundation that a new brand cannot manufacture. The current version represents the smallest iteration of what the platform is expected to become, according to the executive.

The group, which maintains offices in Cyprus, Dubai, Jordan, Kenya and Sydney under six regulatory licences, operates Rise through INGOT SC Ltd authorised by the Seychelles Financial Services Authority. A TradeInformer report from earlier this year described the brand as an effort to secure additional mobile trading activity through a fintech-oriented identity. Company education initiatives have reached more than 2,500 students via university collaborations, simulations and internship placements.

INGOT Group’s brands have served as official regional partners for LALIGA in the MENA area, aligning its trading services with broader sports and youth engagement strategies. The platform maintains segregated client accounts and strong liquidity reserves under regulatory supervision, elements highlighted in company disclosures. This combination addresses demands in a sector where digital adoption continues to accelerate among new market participants.

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Industry Gulf NewsDesk is the desk responsible for Industry Gulf's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.