Forex for a trader
Forex trading in dubai uae

Forex trading in dubai uaeTop Rated Dubai Forex Brokers Reviews - 2018. There are many Forex brokers domiciled in Dubai. Most of them are not regulated by any bona fide regulatory organization which is unfortunate yet they handle millions of dollars of trades each day. It is not surprising that there are plenty of scams and fraud within the Forex industry in the UAE and traders are advised to be discerning when choosing to open an account with any Dubai based broker. UAE is fastest growing online trader’s hub after Saudi Arabia. People have high income level and are always looking for alternative ways to earn money. This Forex trading interest of Gulf, especially UAE, has attracted many Forex brokers to the region. See our listing of the top Dubai Forex brokers below before deciding on a broker. Dubai Forex Brokers Reviews. Q8 Trade, launched in 2017, is a market maker Forex and CFD broker, headquartered in Kuwait, and regulated in Kuwait under the Capital Markets Authority. There are few notable Forex brokers truly domiciled in Middle Eastern financial centers such as Kuwait, which is one thing that really makes this broker stand out from the crowd. The parent company, Q8 Securities, was established in 1985 as Al-Arabi and rebranded in 2017. This successful brokerage firm facilitated investments in equities and derivatives both inside Kuwait and in international markets. They provide a trading platform that offers traders a very wide range of assets for trading across Forex currency pairs, commodities, indices, and individual stocks wrapped as CFDs across both major and minor financial markets. FXTM or Forex Time, founded in 2011, is still considered a newcomer to the online Forex trading scene.

However, within a span of few years, this broker has managed to carve out a name for itself by wining several industry awards such as “Best Newcomer 2013” and “Fastest Growing Forex Broker.” FXTM is regulated by various jurisdictions and has offices in Cyprus, the UK and Belize. Forextime Limited is regulated by CySEC, Forextime UK Limited is authorized by FCA and FT Global Limited is regulated by IFSC. This should not constitute as advertisement in the territory of Belgium, France and Netherlands. UFX, founded in 2007, is one of the leading brokers in the Forex industry. In 2011, UFX became regulated in the European Union, MIFID, and in 2013 it received additional recognition by Belize’s International Financial Services Commission for its high ethical standards, customer protection and security of funds. UFX is a well - rounded Forex broker. The platform is user-friendly and the features are numerous. UFX can be accessed on Facebook and there are often interesting promotions offered through this social media venue. FXCM (Forex Capital Markets) was founded in 1999 in the U. S.A. and was an early pioneer of internet-based trading. FXCM was listed among the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row. The FXCM Group has headquarters in New York, with offices around the globe in places such as the U. K., France, Italy, and Australia.

It is regulated and licensed in each of them. FXCM is also a publicly traded company on the Nasdaq Exchange, the major U. S. exchange listing the equity of large technology-based companies. AvaTrade is among the top Forex brokers in the world with offices in New York, Dublin, Sydney, Milan, Tokyo and other locations. It is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union as well as by several other licensing bodies. AvaTrade’s features include, among other things, a choice of platforms, a demo account, an Ava debit card for all live account holders, access to Trading Central charting tools for depositors of over $1000 and free withdrawals. Most Visited Forex Broker Reviews. Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk.

Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page.

While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. List of Forex Brokers in Dubai. Forex Brokers in Dubai. Dubai is the heart of the Forex business in the Arab world, so itЂ™s no surprise that a lot of Forex brokerage companies are emerging there to provide online currencies, CFD trading services, and business platforms. New brokerage firms are emerging every year and this call for increased vigilance by businesses to avoid falling prey to Forex trading scams and fraudsters. So itЂ™s important that a cursory study of brokerage firms be made to ascertain their transparency and financial authority regulatory licenses. This blog post mentions some of the most popular Forex brokers in Dubai. Ђў SWISSQUOTE BANK **Recommended*** The SwissQuote Bank is an officially registered brokerage firm whose activities are regulated by the Swiss Service for Financial Market Supervisory Authority (FINMA). They serve approximately 200,000 accounts worldwide from their offices in Switzerland, Dubai, and the UAE. Thanks to its balanced set of assets and liabilities and transparency which is found across all its companies quoted on the stock exchange, the SwissQuote Bank provides its customers with everything necessary for an efficient and safe conduct of trade. Also, with its variety of offered assets and trading using its proprietary technologies, the SwissQuote Bank meets the individual service requirements of traders and companies. Ђў ADS SECURITIES **Recommended*** Ads Securities and International Financial Services Company is owned by the Abu Dhabi group and is committed to providing the finest investment opportunities for clients of the institutions in the private sector and among individuals.

It also has regional offices in London and Hong Kong where it offers a unique management of wealth and assets, capital markets, and trading services by professionals in the industry. The company has made substantial investments in private equity technology for multi-asset trading – an essential position to access to the primary sources of liquidity and assets, as well as to provide the highest quality products and services. Ђў AXI TRADER **Recommended*** Founded in 2008, AxiTrader (AxiCorp Financial Services Pty Ltd) is one of the largest brokerage firms in Australia and they are also a UAE-based Forex brokers licensed and regulated by Central Bank of the UAE. It is committed to providing customers with free access to current market information, direct access to multiple sources of liquidity in the currency markets, tight spreads and fast execution with minimal slippage. They also provide excellent customer support and business solutions suitable for both experts and beginners in the Forex market. The FCA regulated company offers trading tools such as currency pairs, indices, precious metals, commodities. It also utilizes trading instruments related indices like Futures Index CFD, which the client can take advantage of, a product that combines the availability of leverage, low costs and ease of trading, as well as allows trading in rising and falling foreign exchange markets across the world. Ђў IG MARKETS. IG Markets is part of IG Group of companies which includes several companies that provide services related to finance a part of the holding. IG Markets was founded in Britain in 1974 and went online since 2001. The brokerage company acts as Financial Services Authority (FSA) and is a member of the London Stock Exchange (LSE). IG Markets is represented in different regions of the world. The largest offices are located in the following countries: The UK, Germany, France, Spain, Italy, Sweden, Portugal, Australia, Netherlands, China, Japan, USA, Singapore, and South Africa. It is also among the best Forex brokers in the UAE. IG market collaborates with individuals and legal entities. Its clients include investment managers, brokers, trading firms, as well as private investors. A key area of activity in their trade is in CFD-contracts, currency pairs, and metals. Ђў SAXO BANK.

Saxo Bank was Founded in 1992 by Danish entrepreneurs Lars Christensen (Lars Christensen) and Kim Fournet (Kim Fournais). Initially, the company was Midas, but its name was changed to Saxo Bank in connection with Obtaining a European banking license in 2001. Det er ogsҐ a UAE regulated Forex brokers. Saxo Bank Specializes in online investeringer in international capital markets and offers its clients the mulighed trade a broad range of financial instruments: currencies, shares, CFDs, Saxo Bank Reviews futures, options and other derivatives, as well as giver trustee services. Trading gennemfres online Using SaxoTrader program, the banks’ own innovation. Foruden SaxoTrader, Saxo Bank offers Internet program – Saxo WebTrader and Saxo MobileTrader, Allowing transactions two gennemfres through the Internet browser and from mobile phones. Ђў ONE FINANCIAL MARKETS. One Financial is an online CFD (Contract for Difference) broker governing the FSA (Financial Services Authority) in the UK under the number 466 201. It offers a wide variety of items of energy products, a large number of currency pairs, international stock indexes of ETFs, software’s with the lowest margin requirements and low spread and fast execution of orders. It’s one of the easiest platforms to use and provides free access to analytical tools, news, and 24-hour support via online chat, phone or email.

One Financial market also has a low fixed spread beginning from 2 points, a Meta Trader platform, One Financial platform a Russian-speaking support and a margin requirement of 1-3. Ђў CITY INDEX. City Index is a subordinate of GAIN Capital Holdings. Offices are located in the UK, Singapore, China and Australia. And are found in Dubai Forex brokers list. City Index was established in 1983, offering spread betting, that is, taking bets on the price movements of financial instruments. The company offer thousands of trading instruments including shares, currency pairs, commodities, indices, bonds, interest rates, etc. Traders can choose one of the following trading platforms: Advantage Web, AT Pro, and MetaTrader 4. Ђў ORIENT FINANCIAL BROKERS. Orient Financial Brokers another Dubai based Forex Broker. The company was established in 1994 licensed and regulated by Central Bank of the UAE. OFB Most of the oldest brokerage Company in Dubai, offering service in Foreign Exchange Trading, Precious Metals CFD’s, Commodities, Stocks, Shares and Treasuries. They are using their own platform instead of Meta trader and offering 24Hour personal assistance locally. Ђў GKFX. GKFX is a headquartered in London and is regulated regulators such as the Financial Conduct Authority and ASIC Australia. GKFX has offices across the world in 18 cities in 14 countries.

They trade over 50 FX pair with low spreads from 0.6* pips and a leverage of up to 400:1. It has additional benefits of low business sizes: trade FX from 0.01 lots on micro accounts, fast execution, zero commission on standard accounts and advantaged charting features offering on MT4 platform. Ђў ICM Capital. ICM, an international online Forex, and CFD trading companies offer 24-hour access to a wide range of trading products, including foreign exchange, commodities, futures and indices. Through ICM Capital and the world renowned MetaTrader 4 trading platform, you can take advantage of its high liquidity, narrower spreads, mobile trading, technical analysis, and much more. ICM Capital offers you the opportunity to trade fast, tight prices on the foreign exchange (Forex) and CFD contracts for crude oil (WTI and Brent), Indices, gold, and silver, using one of the most well-known retail trading platforms in the world, 4-in the MetaTrader. MetaTrader 4 is a highly professional platform that not only allows you to actively trade, and it also has a robust technical analysis, charting, and modeling tools. ICM also caters to those who want to practice trading techniques and provide them with the possibilities of opening risk-free, no obligation, and free demo account. Once they are ready, they can apply for a real account. Ђў IFC Markets. IFC Markets company is a leading broker in the Forex market and CFD. They are continually expanding the range and quality of services, with an emphasis on the development and implementation of innovative trading approaches, which allows their customers to invest in profitable financial instruments efficiently.

A trademark owned by IFC Markets IFCM Group is the most convenient for the client DMA STP business model without conflicts of interest. The company aggregates quote from leading banks and liquidity providers with the best price quotations forms streams for customers. The trading terminal client makes transactions at best bid and asks prices for each financial instrument. As a result, customers’ orders are sent directly to the liquidity provider, which currently offers the best possible purchase price or sale. Ђў ALFA FINANCIAL. Alfa Financial offerings includes futures, forex, and CFD’s Trading worldwide as a Dubai based Forex Broker, Alfa Financial provides investors with a diverse range of products and. Alfa Financial licensed and regulated by the Central Bank U. A.E., Dubai Chamber of Commerce and Industry and the Economic Department. Ђў CMS FINANCIAL. CMS Financial is a licensed and regulated brokerage house based in Dubai, UAE which offers a full online trading service in global currency and commodity markets. It was founded in 2004 and has operated in the Middle East for over ten years, accumulating an extensive set of institutional and private clients. CMS Financial is a member of DGCX (Dubai Gold & Commodities Exchange) and exchange Africa and is regulated and licensed by the Office of the Securities and Commodities in the UAE. With these associations, CMS Financial is ahead of the curve regarding the regulatory framework, pricing, trade, transparency, access to liquidity and effective risk management line. In addition, the multicultural team of diverse background of specialties, including investment banking, M & A, private and corporate banking services, as well as a variety of international corporate senior roles management has allowed CMS Financial to succeed where others fall behind, and to create a positive experience for traders and money managers alike. Welcome Dubai Forex brokers blog. Best Forex broker in Dubai. Forex online trading, Top forex brokers in Dubai, Personal reviews on DFSA, FCA, UAE Central Bank regulated Forex brokers in Dubai.

So Finally you on my blog to know about Best Forex Brokers in Dubai. No Matter, whether you are new to Forex Trading or Experienced Forex Trader, Dubai Forex Brokers is your one stop site to get in depth going on in Forex Trading in Dubai. Welcome Dubai Forex brokers blog. Dubai Forex Brokers ? June 30, 2019. Welcome to Dubai Forex brokers blog. I am living in Dubai for last 6 years and been into part time Forex trading. In fact, i am now looking into shift my self to full time trader. Reason to write off this blog is to give tips to people interested in Forex trading in Dubai. If you are new to Forex trading in Dubai, or even experienced trader , please be aware of scam Forex brokers and always look for regulated Forex brokers. Might , you are aware of recent Forex scam by MMA Forex Dubai. Millions of dollars belonging to Forex traders in Dubai have been on risk and Dubai regulatory authorities are investigating the issue.

To choose Forex broker is really a difficult choice. My first broker was not regulated at all and even i was not aware why should i go for regulated broker. I am trading my self with broker which have over 30 years of operational history and regulated by the Financial C… SCA UAE REGULATED FOREX BROKERS. Dubai Forex Brokers ? October 04, 2017. If you are looking to trade with SCA UAE Regulated Forex Brokers , see below the list of Forex brokers in Dubai, who are licensed and regulated by this authority. SCA UAE REGULATED FOREX BROKERS Forex Broker NameEstablishedRegulationsPlatformRatingIslamic AccountUAE OfficeRegulated in UAEDemo Forex AccountMin DepositDubai AddressMore InfoIQ Option Recommended Broker 2010CYSECMT4. Notd> 100CYPRUSRecommended broker Get $10,000 Account HYCM 1977DFSA, FCA , CYSECMT4. DFSA100Liberty House, DIFCGet 25 % Bonus We can’t deny the fact that Forex trading is a risky form of investment anyone can venture into. However, Forex trading is becoming increasingly popular by the day. The way to reduce some of the inherent risks associated with Forex trading is to choose a forex broker that is duly regulated by the Security and Commodity Authority of the UAE. The forex market is usually not regulated on a wor… Tips to find best Forex broker in Dubai. Dubai Forex Brokers ? October 01, 2017. Dubai has a lot of potential for traders and investors as an investment ground. There are several Forex brokers here and while it is known as a thriving region in the Arab world, this doesn't eliminate the risks involved in Forex trading. One of the most challenging tasks when it comes to Forex trading is choosing a Best Forex broker in Dubai to deal with. This process can be really daunting and confusing especially for a beginner.

If you are someone who is just getting started then here are a number of things you should know when choosing your broker: Regulated or Mere Licensed? While a Forex broker’s license might remove your apprehension and provide you a certain degree of security, you still have little to no protection compared to dealing with a broker that is registered with a regulatory body. A licensing body does not conduct the same directorial functions of a regulator nor doe… HOW TO BUY BITCOIN ONLINE IN DUBAI. Dubai Forex Brokers ? September 26, 2017. UAE CENTRAL BANK REGULATED FOREX BROKERS. Dubai Forex Brokers ? September 22, 2017. UAE is one of the fastest growing financial hub in the world, High income earners are always looking for a means to make more profit over their income. See the below list of Forex Brokers regulated by UAE Central bank. UAE Central bank regulated Forex brokers give you surety and peace of mind, while trading your money at Forex online with less fraudulent activities. UAE CENTRAL BANK REGULATED FOREX BROKERS Forex Broker NameEstablishedRegulationsPlatformRatingIslamic AccountUAE OfficeRegulated in UAEDemo Forex AccountMin DepositDubai AddressMore InfoIQ Option Recommended Broker 2010CYSECMT4. Notd> 100CYPRUSRecommended broker Get $10,000 Account HYCM 1977DFSA, FCA , CYSECMT4. DFSA100Liberty House, DIFCGet 25 % Bonus It is not a denying fact that Forex trading is a very risk and dice form of investment. Nevertheless, it is growing popular and wider.

Therefore, the most important and paramount… DFSA Regulated Forex brokers - Dubai Forex Brokers. Dubai Forex Brokers ? September 01, 2017. There are not too many DFSA Regulated Forex brokers in Dubai as it applies very strict regulatory environment of international standards for Forex brokers to follow. DFSA is a most secured regulatory body Dubai to secure the funds and activities of Dubai Forex Brokers. It is always good, if you are too much concern about your investment and want to have local jurisdictional in case of any complain. DFSA Regulated UAE Forex BrokersForex Broker NameEstablishedRegulationsPlatformRatingIslamic AccountUAE OfficeRegulated in UAEDemo Forex AccountMin DepositDubai AddressMore InfoIQ Option Recommended Broker 2010CYSECMT4. Notd> 100CYPRUSRecommended broker Get $10,000 Account HYCM 1977DFSA, FCA , CYSECMT4. DFSA100Liberty House, DIFCGet 25 % Bonus In recent days, more and more big Forex brokers are trying to be regulated by DFSA so that they can get legal status to operate in Dubai. One of the main b… Forex trading in dubai uae. Trading floor at Professional Traders DMCC (Leslie Pableo) Professional Traders DMCC offers live trading platforms and training to beginners and experts that make trading in currencies a cinch. Daily news, macro and micro-economic updates, among other factors, govern the movement of global currencies, and its trade. If you pay a little heed and learn the ropes of the game, you can invest and earn a comfortable second income through currency trading.

To demystify the process and learn more, we caught up with Sushant Buttan, Chief Executive Officer, Professional Traders DMCC. Read on to know how can you invest and make the most of it. Excerpts: Give our readers a perspective on forex trading. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. The forex market is considered to be the largest financial market in the world recording a daily volume of over $5 trillion dollars. Since the currency markets are large and liquid, they are believed to be the most efficient financial markets. It is important to realise that the foreign exchange market is not a single exchange, but is constructed of a global network of computers that connects participants from all parts of the world. Traders utilise technical analysis tools and algorithms to determine which currencies will outperform the US dollar. The analysis is based primarily on momentum characteristics, such as the price behaviour of a particular currency compared to the US dollar over several time periods. Major trading is done on one or more G-10 currencies, which include the US dollar (USD), Canadian dollar (CAD), Japanese yen (JPY), Australian dollar (AUD), New Zealand dollar (NZD), British pound (GBP), Euro (EUR), Swiss franc (CHF), Swedish krona (SEK), and Norwegian krone (NOK), as well as currencies outside the G-10. ? Unlike other forms of trading, say in equities, forex trade happens in pairs.

Help us understand the dynamics of this exchange. Foreign exchange (forex or FX) pairs have unique behaviours and traits that can be observed and studied over time. This helps us to better understand the nature of their price movements. For instance, volatility in a forex pair, captured by using the standard deviation of price movements in percentage terms expresses the uniqueness of each pair while revealing the general heartbeat of the FX market. While shared patterns become apparent, each pair's volatility shows distinct characteristics that can be utilised by forex traders. Money management discipline is employed by successful traders to generate entryexit points. Traders also use a sophisticated risk management system that takes into account the price, size and volatility of currency pairs traded. Risk is monitored on a daily basis as protecting your capital is the most important part of the trading business. Traders use a multi-strategy approach, something like Trend Following 30 per cent, Break-out 40 per cent, and Short-term Swing Trading 30 per cent. These trading strategies are based on different trading styles that traders have across the world.

? A lot of people are intimidated by trading and numbers, and look for some handholding. What services do you offer in this regard? Professional Traders Group was set up in 2007 with a 40 per cent stake by the Dubai Government, via the Dubai Multi Commodities Centre (DMCC). It was the first professional trading floor in the Middle East and continues to be a sector leader in the region. Professional Traders Group has an international team of highly experienced and specialised professionals who work round the clock to implement its mission and build a thriving community of professional traders with our trading infrastructure, training and funding. We believe that it is possible to be successful in trading even if you don't have any finance background. Traders on our floor come from diverse backgrounds, such as students, stay-at-home mothers, working professionals from different industries including like oil and gas, shipping, consumer products, and more. We offer various beginner programmes like 'Jumpstart' where you can understand how to trade with absolutely no prior experience of the financial markets. We also have advanced training for traders who want to make trading their career. These programmes are held under the guidance of actual traders with real trading experience.

? Which are the most frequently traded pairs? The most frequently traded pairs are called the 'majors' and consist of the EURUSD (euro dollar), USDJPY (dollar yen), GBPUSD (British pound), USDCAD (Canadian dollar), USDCHF (Swiss franc), AUDUSD (Australian dollar). ? Historically, which pair has given the maximum returns? It is difficult to say which pair gives the maximum returns because each pair has its own characteristics and is affected over time by that country's economic conditions. A country's foreign exchange rate provides a window to its economic stability, which is why it is constantly watched and analysed. Exchange rates play a vital role in a country's level of trade, which is critical to every free market economy in the world. As a result, people tend to specialise in currencies that they are familiar with and as a result, you can make profits from almost any currency pair as long as you are tracking the fundamental and economic factors for that currency. However, from a liquidity point of view, the EURUSD (euro dollar) is the most widely traded currency pair and has the highest number of traders trading the currency pair. This is followed by the USDJPY (dollar yen). This is because the Eurozone and the Japanese economies are very large and these currencies are traded against the US dollar, which represents the United States - the world's largest economy. ? How many registered traders do you have? Do you have a live trading floor?

We are the first live trading floor in the region and have traders from all over the world trading live accounts on our floor. In the financial markets trading industry, people often hear stories of people failing at trading - largely due to poor risk management and gambler's mentality. Professional Trading is all about trading systematically with risk and money management tools, which help in achieving success. We are constantly striving for trading excellence, achieving and surpassing targets, adapting and evolving with changing landscapes, executing with precision and perfection. We achieve this through constant training and knowledge upgradation, which helps our traders evolve their trading techniques, and not blame external factors for intermittent shortcomings. ? What platforms do you use for trading? And how do you manage risk? We offer dedicated trading desks to enable traders with complete systems for trading the Global markets. Our trading floor provides Reuters and Bloomberg terminals, CNBC and RAN Squawk audio for economic data releases and breaking news. Traders can choose their preferred trading platforms like TT Xtrader or STS on the lease line with Stellar, CQG, Easy Screen, and Jtrader.

We support all standard charting packages such as CQG, Esignal, and Futuresource. Our dedicated line to our clearer in London provides a fast stable connection with a fast round trip time. ? Do you also allow trade in other asset classes such as equities, indices, bonds, commodities, CFDs, etc? We offer our traders the ability to trade across all asset classes. Traders can trade in international markets across all time zones and across different asset classes. We do this through our team of dedicated broker partners across the world. If a trader wants to trade commodities like gold, wheat, coffee or even milk, we can set the trader up with the most cost effective brokers and have them ready to trade in a day or two. We are able to offer traders the lowest brokerage commission rates in the business, as we have negotiated high-volume discounts with the global clearing and broking firms. These low commissions enable our floor traders to become more profitable in the markets as they incur significantly lower commissions costs. We also offer high-margin leverage for intra-day Futures, CFD and SPOT FX trading. Our Eurex Trader Development Programme and the CME New Trader Incentive Programme helps to reduce trading costs even further. ? What is the minimum threshold investment required? Also tell us about the sundry charges involved and the commission charged by Professional Traders Group. There is no minimum threshold of capital required to start trading. However, we recommend traders to start trading with at least $25,000. This is to ensure that traders can handle the ups and downs of the markets and that they have enough capital to trade and hold positions to make profitable trades.

As we are not brokers, we do not charge commissions over and above what the broker charges. We rent out trading desks on our trading floor at varying costs depending on what services the trader wishes to use. We have very attractive prices for beginner traders. ? Why is forex trading more popular in the region than other traditional forms of investing, such as bonds, equities, commodities, etc? Forex trading is very popular because it is easier to follow one or two currency pairs as compared to tracking hundreds of stocks. For the stock market, a trader has to track multiple companies and their financial results over and above the economic factors. This makes picking the right stocks very difficult because of all the volume of data that you need to constantly keep aware of. As far as bonds and commodities go, they are very popular for trading as well. ? What advice would you give to a complete novice? Novice traders have to follow simple rules for trading. This is similar to playing a new game. When you want to learn to play chess, you learn the rules of chess and then play according to the rules of the game. You cannot simply discount the rules because you are new. In trading too, you need to learn the rules of trading and simply follow the rules. We spend a great deal of time and effort training novice traders about these rules. Once the new trader learns the rules, he or she has to ensure that the rules are actually followed during trading. Most novice traders who lose money in the markets are the ones that are careless and do not follow these rules. Trading rules are basically set up to help protect your trading capital from losses.

We teach novice traders Risk Management principles, Money Management rules alongside Mind management models. Human psychology and how our minds operate during trading is a very important part of being able to trade successfully. Do you offer free demo accounts? All the brokers we partner with offer demo accounts and it is very important to trade through demo accounts for a while before starting to trade with real money. Demo trading gives you an opportunity to experience the live action of the markets and to test out all your trading strategies before you start trading a live account. ? Is there anything else that you would like to add? With a multimillion-dollar corpus, we fund talented traders that join our trading floor. Funding is available for trading all products on global markets. Our funding programme is based on in-house funding as well as models with global financial firms that are keen on funding traders from all over the world. All traders on our floor have exclusive access to our Smart-Trade Dashboards.

Best Forex Brokers in UAE & Dubai (TOP 10 List) AUGUST 2018. Last updated: August 20th 2018. Below is a comparison table with the best forex brokers in UAE Dubai in 2018. TOP 10 Forex Brokers in UAE. Fully regulated by DFSA Dubai – License Nbr. #F000048 Office in Dubai Financial Center, Liberty House, 9th Floor Very popular forex company in UAE The Best Islamic forex account 24 Hours Monday-Friday Arabic language customer support $20 No deposit bonus if you verify mobile number 10% BONUS up to the deposit of $5000 Practice demo account with $50.000 virtual money ZERO Withdrawal Fees You can deposit AED currency via VISA or wire transfer! Forex+Stocks+Cryptocurrencies+Commodities+Indices Metatrader4 available 40+ currency pairs available Spreads starting from 0.2 Pips (Fixed, Variable, Raw spreads) Max. Leverage 200: 1 Excellent for EA (Expert advisor) and Robots. Booming popularity of forex trading in United Arab Emirates is unfortunately attracting not only big and serious forex brokerages but also a lot of scammer companies which are located in offshore countries without license! It is strongly advisable to deposit your cash only with regulated fx brokers who offer islamic forex accounts! Our primary goal is to list fully regulated forex companies in UAE that are safe to trade with! All forex companies listed on this website meet the following strict criteria: SWAP free islamic forex accounts for UAE residents generous forex bonuses for new traders comply with very strict regulation rules your deposits are safe and is kept in the best banks have thousands of satisfied forex traders (not only from Dubai but worldwide) high quality client support in Arabic language. Is forex trading legal in United Arab Emirates?

Yes currency trading is perfectly legal in the UAE! Actually since forex trading became completely legal in Emirates, more and more retail investors living in this country invest their money in this very lucrative and dynamic field. Who regulates forex brokers in the UAE and in Dubai? The main regulatory authority with finance market oversight is Central Bank of United Arab Emirates or shortly just CBUAE. In Dubai there is Dubai Financial Services Authority (DFSA) state regulatory body which is responsible to regulate all forex trading companies located in Dubai. How to find if your chosen broker is regulated by DFSA Dubai? Visit DFSA site using this link: dfsa. aeregister Into “Enter a keyword” field write some Dubai forex trading company name.. For example try this search with my recommended company Henyep Markets Click SEARCH You will get listed the company with their DFSA License number and all details. In case you get no results, it means either that brokerage has no DFSA license OR you searched for a wrong company name. Most companies have different company name and brand name.. Example: I use Henyep Markets that is also known as HYCM. COM among the currency traders in the Middle East.

It is important to focus your attention on: Trading Name, Date of License, Address. Note: *T&C’s are valid.** Bonuses are not available for traders residing in European Union. Forex trading in dubai uae. Are you interested in online stock trading and learning how to buy and trade stocks? Have you ever wondered how. Are you Ready to learn Forex? The foreign exchange market (also known as forex or FX) is one of the. What is Futures trading? Futures trading adds the dimension of time to investing. Whether your chosen instrument is E-mini index. What is a call?

What is a put? An option is a contract to buy (=call) or sell (=put) an. Waiting for a trade may take days or weeks. We all know success comes with time and a trader is always ready to wait for the right opportunity. 03 Entry & Exit Points. Whether you are scaling in or adding more positions. One must determine hisher entry and exit points before taking a trade. Forex risk management can make the huge difference between your Forex life or sudden death. It depends on strategy and psychology of trader. So Risk management plays very important role in becoming a Trader. Fundamental Factor 04. Fundamental knowledge is very important. One must be ready to expect any uncertainty caused due to Fundamental Movements.

I was always interested in forex trading. Since there are many scams i didnt wanted to give it a go. One day I met Ali with a ref. of a friend in Dubai and was so impressed with his high level of experience in trading forex. I was not completely convinced until i saw him trading live. I then joined forex trading city and they know exactly what they doing….. Forex trading was something that i was afraid of. I invested in my self FIRST and then invested in forex trading. Personal 1 to 1 session changed my life. Thank you. Forex trading courses were great and help alot. I want to thank you for your generosity in sharing your teachings with all of us. You have helped all of us tremendously! Learn to Trade Forex. Hi, my name is Ali and I am coming from UAE. I’m a full-time forex trader and trading mentor . I started my trading career 5-years ago as a trader at the back office of World and Wealth limited Forex Company In Dubai where I used to handle positions of the clients.

Forex Trading is something I am really passionate about. Being at the back office of a brokerage firm I Mastered my forex trading skills. I experienced once you master the FX market you are able to earn a living as a trader and be your own boss. Top Rated Dubai Forex Brokers Reviews - 2018. There are many Forex brokers domiciled in Dubai. Most of them are not regulated by any bona fide regulatory organization which is unfortunate yet they handle millions of dollars of trades each day. It is not surprising that there are plenty of scams and fraud within the Forex industry in the UAE and traders are advised to be discerning when choosing to open an account with any Dubai based broker. UAE is fastest growing online trader’s hub after Saudi Arabia. People have high income level and are always looking for alternative ways to earn money. This Forex trading interest of Gulf, especially UAE, has attracted many Forex brokers to the region. See our listing of the top Dubai Forex brokers below before deciding on a broker. Dubai Forex Brokers Reviews. Q8 Trade, launched in 2017, is a market maker Forex and CFD broker, headquartered in Kuwait, and regulated in Kuwait under the Capital Markets Authority. There are few notable Forex brokers truly domiciled in Middle Eastern financial centers such as Kuwait, which is one thing that really makes this broker stand out from the crowd.

The parent company, Q8 Securities, was established in 1985 as Al-Arabi and rebranded in 2017. This successful brokerage firm facilitated investments in equities and derivatives both inside Kuwait and in international markets. They provide a trading platform that offers traders a very wide range of assets for trading across Forex currency pairs, commodities, indices, and individual stocks wrapped as CFDs across both major and minor financial markets. FXTM or Forex Time, founded in 2011, is still considered a newcomer to the online Forex trading scene. However, within a span of few years, this broker has managed to carve out a name for itself by wining several industry awards such as “Best Newcomer 2013” and “Fastest Growing Forex Broker.” FXTM is regulated by various jurisdictions and has offices in Cyprus, the UK and Belize. Forextime Limited is regulated by CySEC, Forextime UK Limited is authorized by FCA and FT Global Limited is regulated by IFSC. This should not constitute as advertisement in the territory of Belgium, France and Netherlands. UFX, founded in 2007, is one of the leading brokers in the Forex industry. In 2011, UFX became regulated in the European Union, MIFID, and in 2013 it received additional recognition by Belize’s International Financial Services Commission for its high ethical standards, customer protection and security of funds. UFX is a well - rounded Forex broker. The platform is user-friendly and the features are numerous. UFX can be accessed on Facebook and there are often interesting promotions offered through this social media venue. FXCM (Forex Capital Markets) was founded in 1999 in the U. S.A. and was an early pioneer of internet-based trading. FXCM was listed among the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row. The FXCM Group has headquarters in New York, with offices around the globe in places such as the U. K., France, Italy, and Australia.

It is regulated and licensed in each of them. FXCM is also a publicly traded company on the Nasdaq Exchange, the major U. S. exchange listing the equity of large technology-based companies. AvaTrade is among the top Forex brokers in the world with offices in New York, Dublin, Sydney, Milan, Tokyo and other locations. It is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union as well as by several other licensing bodies. AvaTrade’s features include, among other things, a choice of platforms, a demo account, an Ava debit card for all live account holders, access to Trading Central charting tools for depositors of over $1000 and free withdrawals. Most Visited Forex Broker Reviews. Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review.

In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. Forex trading in dubai uae. Trading floor at Professional Traders DMCC (Leslie Pableo) Professional Traders DMCC offers live trading platforms and training to beginners and experts that make trading in currencies a cinch.

Daily news, macro and micro-economic updates, among other factors, govern the movement of global currencies, and its trade. If you pay a little heed and learn the ropes of the game, you can invest and earn a comfortable second income through currency trading. To demystify the process and learn more, we caught up with Sushant Buttan, Chief Executive Officer, Professional Traders DMCC. Read on to know how can you invest and make the most of it. Excerpts: Give our readers a perspective on forex trading. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. The forex market is considered to be the largest financial market in the world recording a daily volume of over $5 trillion dollars. Since the currency markets are large and liquid, they are believed to be the most efficient financial markets. It is important to realise that the foreign exchange market is not a single exchange, but is constructed of a global network of computers that connects participants from all parts of the world. Traders utilise technical analysis tools and algorithms to determine which currencies will outperform the US dollar. The analysis is based primarily on momentum characteristics, such as the price behaviour of a particular currency compared to the US dollar over several time periods. Major trading is done on one or more G-10 currencies, which include the US dollar (USD), Canadian dollar (CAD), Japanese yen (JPY), Australian dollar (AUD), New Zealand dollar (NZD), British pound (GBP), Euro (EUR), Swiss franc (CHF), Swedish krona (SEK), and Norwegian krone (NOK), as well as currencies outside the G-10. ? Unlike other forms of trading, say in equities, forex trade happens in pairs. Help us understand the dynamics of this exchange. Foreign exchange (forex or FX) pairs have unique behaviours and traits that can be observed and studied over time. This helps us to better understand the nature of their price movements. For instance, volatility in a forex pair, captured by using the standard deviation of price movements in percentage terms expresses the uniqueness of each pair while revealing the general heartbeat of the FX market.

While shared patterns become apparent, each pair's volatility shows distinct characteristics that can be utilised by forex traders. Money management discipline is employed by successful traders to generate entryexit points. Traders also use a sophisticated risk management system that takes into account the price, size and volatility of currency pairs traded. Risk is monitored on a daily basis as protecting your capital is the most important part of the trading business. Traders use a multi-strategy approach, something like Trend Following 30 per cent, Break-out 40 per cent, and Short-term Swing Trading 30 per cent. These trading strategies are based on different trading styles that traders have across the world. ? A lot of people are intimidated by trading and numbers, and look for some handholding. What services do you offer in this regard? Professional Traders Group was set up in 2007 with a 40 per cent stake by the Dubai Government, via the Dubai Multi Commodities Centre (DMCC). It was the first professional trading floor in the Middle East and continues to be a sector leader in the region. Professional Traders Group has an international team of highly experienced and specialised professionals who work round the clock to implement its mission and build a thriving community of professional traders with our trading infrastructure, training and funding. We believe that it is possible to be successful in trading even if you don't have any finance background.

Traders on our floor come from diverse backgrounds, such as students, stay-at-home mothers, working professionals from different industries including like oil and gas, shipping, consumer products, and more. We offer various beginner programmes like 'Jumpstart' where you can understand how to trade with absolutely no prior experience of the financial markets. We also have advanced training for traders who want to make trading their career. These programmes are held under the guidance of actual traders with real trading experience. ? Which are the most frequently traded pairs? The most frequently traded pairs are called the 'majors' and consist of the EURUSD (euro dollar), USDJPY (dollar yen), GBPUSD (British pound), USDCAD (Canadian dollar), USDCHF (Swiss franc), AUDUSD (Australian dollar). ? Historically, which pair has given the maximum returns? It is difficult to say which pair gives the maximum returns because each pair has its own characteristics and is affected over time by that country's economic conditions. A country's foreign exchange rate provides a window to its economic stability, which is why it is constantly watched and analysed. Exchange rates play a vital role in a country's level of trade, which is critical to every free market economy in the world. As a result, people tend to specialise in currencies that they are familiar with and as a result, you can make profits from almost any currency pair as long as you are tracking the fundamental and economic factors for that currency. However, from a liquidity point of view, the EURUSD (euro dollar) is the most widely traded currency pair and has the highest number of traders trading the currency pair. This is followed by the USDJPY (dollar yen). This is because the Eurozone and the Japanese economies are very large and these currencies are traded against the US dollar, which represents the United States - the world's largest economy.

? How many registered traders do you have? Do you have a live trading floor? We are the first live trading floor in the region and have traders from all over the world trading live accounts on our floor. In the financial markets trading industry, people often hear stories of people failing at trading - largely due to poor risk management and gambler's mentality. Professional Trading is all about trading systematically with risk and money management tools, which help in achieving success. We are constantly striving for trading excellence, achieving and surpassing targets, adapting and evolving with changing landscapes, executing with precision and perfection. We achieve this through constant training and knowledge upgradation, which helps our traders evolve their trading techniques, and not blame external factors for intermittent shortcomings. ? What platforms do you use for trading? And how do you manage risk? We offer dedicated trading desks to enable traders with complete systems for trading the Global markets. Our trading floor provides Reuters and Bloomberg terminals, CNBC and RAN Squawk audio for economic data releases and breaking news. Traders can choose their preferred trading platforms like TT Xtrader or STS on the lease line with Stellar, CQG, Easy Screen, and Jtrader. We support all standard charting packages such as CQG, Esignal, and Futuresource. Our dedicated line to our clearer in London provides a fast stable connection with a fast round trip time. ? Do you also allow trade in other asset classes such as equities, indices, bonds, commodities, CFDs, etc? We offer our traders the ability to trade across all asset classes.

Traders can trade in international markets across all time zones and across different asset classes. We do this through our team of dedicated broker partners across the world. If a trader wants to trade commodities like gold, wheat, coffee or even milk, we can set the trader up with the most cost effective brokers and have them ready to trade in a day or two. We are able to offer traders the lowest brokerage commission rates in the business, as we have negotiated high-volume discounts with the global clearing and broking firms. These low commissions enable our floor traders to become more profitable in the markets as they incur significantly lower commissions costs. We also offer high-margin leverage for intra-day Futures, CFD and SPOT FX trading. Our Eurex Trader Development Programme and the CME New Trader Incentive Programme helps to reduce trading costs even further. ? What is the minimum threshold investment required? Also tell us about the sundry charges involved and the commission charged by Professional Traders Group. There is no minimum threshold of capital required to start trading. However, we recommend traders to start trading with at least $25,000. This is to ensure that traders can handle the ups and downs of the markets and that they have enough capital to trade and hold positions to make profitable trades. As we are not brokers, we do not charge commissions over and above what the broker charges. We rent out trading desks on our trading floor at varying costs depending on what services the trader wishes to use. We have very attractive prices for beginner traders. ? Why is forex trading more popular in the region than other traditional forms of investing, such as bonds, equities, commodities, etc? Forex trading is very popular because it is easier to follow one or two currency pairs as compared to tracking hundreds of stocks. For the stock market, a trader has to track multiple companies and their financial results over and above the economic factors. This makes picking the right stocks very difficult because of all the volume of data that you need to constantly keep aware of. As far as bonds and commodities go, they are very popular for trading as well.

? What advice would you give to a complete novice? Novice traders have to follow simple rules for trading. This is similar to playing a new game. When you want to learn to play chess, you learn the rules of chess and then play according to the rules of the game. You cannot simply discount the rules because you are new. In trading too, you need to learn the rules of trading and simply follow the rules. We spend a great deal of time and effort training novice traders about these rules. Once the new trader learns the rules, he or she has to ensure that the rules are actually followed during trading. Most novice traders who lose money in the markets are the ones that are careless and do not follow these rules. Trading rules are basically set up to help protect your trading capital from losses. We teach novice traders Risk Management principles, Money Management rules alongside Mind management models. Human psychology and how our minds operate during trading is a very important part of being able to trade successfully. Do you offer free demo accounts? All the brokers we partner with offer demo accounts and it is very important to trade through demo accounts for a while before starting to trade with real money. Demo trading gives you an opportunity to experience the live action of the markets and to test out all your trading strategies before you start trading a live account. ? Is there anything else that you would like to add? With a multimillion-dollar corpus, we fund talented traders that join our trading floor.

Funding is available for trading all products on global markets. Our funding programme is based on in-house funding as well as models with global financial firms that are keen on funding traders from all over the world. All traders on our floor have exclusive access to our Smart-Trade Dashboards.



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