YEREVAN, April 8. /ARКА/. Aсba Bank and Interactive Brokers, a reputable global online brokerage platform, signed an agreement making Interactive Brokers’ services available in Armenia through Aсba Bank, the bank’s press service reported.
Now, individual clients who are citizens and residents of the Republic of Armenia can use the acba digital app to open an international securities account, fund it, and buy and sell securities on the world’s leading financial markets without visiting a branch.
On the Interactive Brokers investment platform, acba digital users have access to stocks, bonds, and ETFs listed on the American, European, and Asian markets.
A significant advantage of the new investment platform is the ability to deposit and withdraw funds instantly and commission-free, providing a more convenient and faster investment experience.
Interactive Brokers also offers a variety of analytical tools for more effective investment decision-making.
Transaction terms:
• In the US market, per security/share – USD 0.01, minimum – USD 4.
• In the European market, per transaction – 0.1%, minimum – EUR 4.
• In the Asian market, such as China, per transaction – 0.1%, minimum – HKD 40.
Aсba Bank continues to develop its digital solutions, offering clients modern and efficient financial instruments in line with best international practices. By introducing this international investment instrument, Aсba Bank aims to create a trustworthy, secure, and technologically advanced environment where investments become accessible in international markets, simple, and fast – without the need to visit a bank.
*ETFs are investment “baskets” that allow to invest in the shares of multiple leading companies or other assets with a single transaction, reducing risk.
Interactive Brokers was founded in 1978 and is considered a global industry leader.
Interactive Brokers does not refer or recommend any brokerage firms, third-party financial advisors, or hedge funds, including ACBA BANK. Interactive Brokers is not a partner or subsidiary of ACBA BANK. Interactive Brokers provides clients with execution and clearing services.
None of the information provided herein should be considered a recommendation by Interactive Brokers to buy, sell, or hold any securities or financial instruments, or to engage in any specific investment strategy. For more information about Interactive Brokers, visit www.interactivebrokers.com.
ACBA Bank is supervised by the Central Bank of the Republic of Armenia.-0-
