Thursday, April 18, 2013

Top 3 Forex Trading Mistakes

Forex trading in Dubai is one of the most exciting investment ventures to be involved. The mind-blowing challenges, economic riddles and most especially, the potential sky rocketing profits you could make while sitting in the comfort of your office chair – these are all put together in one profession. If you’re a newcomer in this massive financial market, then it’s important that you make yourself aware of the universal mistakes that can easily ruin your Forex trading venture. These mistakes are costly and even the most courageous beginner may tend to leave after all his capital had been wiped out.
So, here is the summary of slip-ups that every Forex trader should be aware of and avoid:

Understanding Forex Forecasts - Dubai Forex Trading

What is Forex Forecasting?

A Forex forecast is typically a product of the definitive research which would show you in advance the conditions that will take place at a certain future date. However, it is important to know that predictions are just what they are – predictions, and does not guarantee that they will actually happen. There are several factors that come into play when forecasting live Forex rates but even so, it is possible to consistently project currency prices within a range of acceptable margin of error.

UAE to Become a Forex Trading Hub in the GCC Region

The UAE is undoubtedly regarded as a commercial hub in the Gulf Region and not, it also set to emerge as a foreign exchange trading hub in the region, said a senior official of ADS Securities, the Abu Dhabi based Forex and commodities and trading platform.
Claus Nouveau-Nikolajsen, ADS Securities, Head of Sales, GCC & MENA, states: “The UAE has been at the forefront of financial industry development in the GCC and offers the most conducive environment for the growth of the forex marketplace and infrastructure. Trading of both major and emerging market currencies in the UAE is on the rise, and with international trade growing rapidly, the need for currency management will only increase. The expected upgrade of the UAE to emerging market status by index provider MSCI will have a significant impact on investment flows into the country, which in turn will also boost the country’s forex market.”

Currency Trading in Dubai

currency trading in Dubai
Currency trading in Dubai or simple forex trading is becoming more and more popular in middle east especially in Dubai. Dubai is surrounded by hundred of Forex brokers who are fascinating more and more traders with their promotions and services. As per the current stats, UAE is fastest growing online traders hub after Saudi Arabia. The foundation of currency trading which we know today came about following the end of fixed currency exchanges to new “floating’ currency rates in the early 1970’s. The market has managed to stay stable since this time, with interest fueled by advances in technology such as computers and telephone dealings. Because of these, more people have become more attracted to entering the Forex market.

Developing your Forex Trading Skills

fx trading skills
Currency trading is absolutely a game where you can win or lose. It can both be profitable and risky depending on how you navigate yourself in the markets. As similar to any other kind of investment, currency trading has its own or pros. However, if you have a good amount of knowledge and understanding of the Forex market, then you may be able to reap significant profits from the massive Forex market.

Choosing a Forex Broker in Dubai

To choose , Forex broker in Dubai is always important decision as your online trading is based mostly on them. Be cautious , when you are going for this step as you will be surrounded by hundred of Forex brokers in Dubai, which will have attractive benefits for traders but beside that you have to think with your logic, which one is regulated Forex broker and where it is been regulated. There are so many Introducing brokers working full time, you should be beware of them as they are not being considered as secure and regulated Forex brokers. Always choose actual regulated Forex broker and keep away from middle-man like brokers.There are a lot more Forex brokers around the Internet than you’d think. A query of “forex brokers” on the search engines would give thousands of results. There are so many different offers, promotions, features and bonuses available across these brokers. But while there is a wide selection of Forex brokers, not all of these are regulated.

Saturday, March 23, 2013

Dubai International Forex Trading Show 2013

We are going to have first time in Dubai, the biggest and first of its kind , representing international Forex and online brokers to join together in the presence of traders, IB's and Affiliates from MENA region.

International Forex Trading show will begin April 4 & 5 at Ritz Carlton , DIFC Dubai, UAE...

Tuesday, May 1, 2012

Dubai Forex trading tips

Tips for Successful Currency Trading in Dubai - About Forex Dubai
Dubai UAE, as a market for Forex trading remains one of the most competitive in the Arab world. Being up to date with the changing face of technology, Forex brokers in Dubai provide their customers state of the art internet trading platforms.  

Before the advent of the Internet however, Forex trading was the exclusive field of the “big players.” It used to be that banks and other large financial institutions with millions of dollars to invest are the only ones who can participate in the markets. But now, the Internet has made Forex trading possible for everyday people who have a few thousands or even hundreds of dollars to invest.

And because the Forex markets are easier to access that before, many people have taken the plunge without understanding the principles of profitable Forex trading.

Monday, April 30, 2012

Forex trading Dubai

Getting Started with Forex Trading UAE - Dubai Forex Rates
Dubai is generally considered as the financial and commercial hub of the Middle East. It has developed a market that is easily accessible by many countries in different ways. Many businesses around the world have moved or branched out to Dubai because of its strong Dubai Forex rates, investor incentives, protections and other benefits. One of the most thriving areas in the UAE is the Forex trading market.
The foreign exchange market is the largest financial market in the world having a massive average volume of USD 4 trillion per day. When compared to the New York Stock Exchange which has USD 50 billion trade a day volume, it is clear to see which one is the most active.

Islamic Forex brokers -Dubai

The Forex Market and Islamic Accounts Offered by Dubai Forex Brokers - About Forex Dubai
 If you have ever invested on stocks, then you are probably well aware of the fact that the success of any stock trader depends greatly on how the market is fairing. If you are looking to get started in Forex trading in Dubai, then you’ll learn that one of the major differences between stock trading and Forex trading is the profitability on various market conditions. In stock trading, the trader only gets to be positive about the future if the market is moving up. Forex trading on the other hand, allows a trader to profit regardless of the conditions of the market whether it is moving up or down. Remarkably, the Forex market is the largest financial market in the world with a volume of $3 trillion trades a day. The Forex market is very dynamic and free flowing in nature.

For traders and investors in the UAE, it is good news that now there are several islamic forex brokers in Dubai.

Best forex broker - Dubai

Things You Should Know When Choosing a Forex Broker in Dubai - About Forex Dubai
start online trading dubai
and Start online trading now
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:

Friday, July 1, 2011

Dubai Forex Economic Calendar