Arab Finance: EFG Hermes ONE, the online trading platform of EFG Holding, has become the first financial platform in Egypt to receive approval from the Financial Regulatory Authority (FRA) to launch its digital onboarding (eKYC) process, as per an emailed press release to Arab Finance.

Leveraging 'Digify' as its digital identification solutions provider, the platform now offers investors a digital onboarding experience, making it easier than ever to register accounts for trading on the Egyptian Exchange (EGX).

With this optimized process, investors can seamlessly register accounts for investment portfolios up to EGP 5 million, gaining access to a comprehensive suite of features within the EFG Hermes ONE app.

From executing trades to accessing real-time stock quotes and monitoring equity watch lists, the platform provides retail investors with the tools and insights needed to navigate the stock market effectively.

Recognized for its excellence, EFG Hermes ONE has received numerous awards, including "Best Trading Platform" at the Entrepreneur Leaders in Fintech Awards 2023 and "Trading Platform of the Year" at the Entrepreneur Middle East Tech Innovation Awards 2023.

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