maybe someone has already talked about this before. but really there is infinite number of forms here can’t review them all.
can anyone assist me in choosing a reliable broker.? i live in Dubai (middle east) and i loved the metatrade frame but i dont mind try’en somethin else as long as all the tools are the same.
the only real broker i know is (EASYFOREX) i have been contacting them recently and they are try’en to gain my trust to open an account with them, but i want to check other options too for a mini account and easy to use frame
A broker I know of in Dubai that is an MT4 friendly brokerage is TadaWulFX. Online forex trading with broker Tadawul FX I do have a demo account with them, and haven’t heard anything negative.
tadawulfx is owned by a group of people from Dubai, although the operate from Cyprus .they have halal account with out Riba. im going live with them next week.
Jado, they operate from Cyprus, home to some of the Western world’s most lax financial regulators. Alarm bells should be ringing, and if they’re not, research until you hear them.
chubspips we should remain in contact. if you learn anything negative about this broker please let me know and im going to start investigation as well.
Right, so they’re Swiss and they then set up shop in Cyprus? In an industry where reputation is everything, they choose to associate themselves with offshore funds and murky finance?!
I would rather give my money to Allen Stanford. At least you get a game of cricket out of it, but do whatever floats your boat.
well, i did some research , although they dint have bad reviews, you pointed out something important.
I just tore up their application and going back to forex Gain inc.
The broker I am speaking of has their World Corporate Headquarters in Ada, Michigan, with offices in Chicago, Illinois/ New York, New York/ Sydney, Australia/ Tokyo, Japan/ London, UK/ Singapore/ and Dubai, UAE. The actual address in Dubai is,
chubs you were talking about tadawulfx not GFT, I was going to open an account with tadawul but now I’m not. I’ll go back with forex Gain capital until I find some one better who allows scalping with fixed spreads…
and ya i still do speak arabic
I’ve checked on GFT. everything is good except their platform looks complicated. I spent 15 mins just to find indicators list!!. tadaul is based in swiss as mentioned. i dont know what’s wrong with swiss and cyprus brokers but it seems like they freak traders out so better stay away of them.
one more thing, they dont keep a list of thier spread on the web. you should call thier customer service in order to get that!! + the rollovers are also not there. + you should fill-up a form everytime you want to make a withdrawal
Actually, GFT is my new broker. Their corporate office in Ada, Michigan is less than a 45 minute drive for me, so less complicated. Also, If you would like assistance in setting up their platform, you can call customer service, or find the free live help window on their homepage and they will be more than happy to help you customize DealBook360. Yes, it is a bit complex at first and you should be mindful of the stop losses and limit orders as they don’t automatically delete when you close a trade, but, as I said, with a little help from customer service, you will soon be able to very easily navigate the software.
If you do choose GFT, please let me know as I have a few custom indicators that I would be happy to share. Keep me posted though and I will be happy to help with any answers you may have, and, if there is anything about them that you ask and I don’t have an answer for, I will bring it directly to them.
I meant to say, from their website:
“Sharing conditions:
IB�s can charge their clients a fixed commission for every lot traded…
IB�s can widen the spreads and receive 100% of the difference.”
That’s nice, introducing brokers can not only get commission off their inductees, but they can fleece them by skewing the spreads!
You should invest with Royal Index.They have registered office in Dubai, licenced by central bank UAE. You get assistance from them, and also can visit their office for discussions anytime. You control your own money, its completely secure. They provide big margins. You can trade online, they also have 24 hr customer support available.
And yes, if you want to contact someone from Royal index, email to <[email protected]>. I have invested there and this person is my broker, giving expert advices and analysis. It will work best… Try it…
Cheers…
maybe someone has already talked about this before. but really there is infinite number of forms here can’t review them all.
can anyone assist me in choosing a reliable broker.? i live in Dubai (middle east) and i loved the metatrade frame but i dont mind try’en somethin else as long as all the tools are the same.
the only real broker i know is (EASYFOREX) i have been contacting them recently and they are try’en to gain my trust to open an account with them, but i want to check other options too for a mini account and easy to use frame
Hi Malik…This is Avinash…How are you…Listen i might help u with this…u can go on the website and the spreads are also given and also there are many advantages investing in this company-Alpari…the website is-www.alpari.co.uk…im sure it will help you and we are located in Dubai…you can mail me or call me- <[email protected]> or +971 55-9111357
What about Bforex? I opened an account with them a few weeks ago. So far so good. But, I may be bias because I have been making money trading the euro over the last two weeks
cheers
So after re-reading everybody’s posts I decided to download MT four. I have to say that you are right and it is a pretty good platform. But, I am going to stay with Bforex. Theirs is an online platform that I have come to like very much.
This is an important quality for me as I travel much and like to be able to access my trading account from anywhere and anytime. Considering the world we live in, I would hate to have carry my laptop around just because some news comes out, and I want to trade the Euro!
While MT had better charting, Bforex has charts that do what i require. Furthermore the company has assured me that within a month or so they are going to have completely new charting software.