TadawulFX Tadawul FX Review

2.22 pips

TadawulFX execution and slippage

 

Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be. 

 

Our slippage data about Tadawul FX is sampled by 10 of the most popular forex trading strategies in Zulutrade.com

 

2.56 pips

TadawulFX slippage with Kama-spot trading strategy

Kama-spot is a forex trading strategy, based on technical analysis. It trades mainly EUR/USD, GBP/USD and USD/CHF

Average profit:                14.0 pips
Average trade lifespan:  19 hours
Most traded pairs:               EUR/USD, GBP/USD and USD/CHF

 

3.65 pips

TadawulFX slippage with Saved FX trading strategy

Average profit:                  16.0 pips

Average trade lifespan:    1 day

Most traded pairs:                 EUR/USD, GBP/USD, USD/CHF
2.23 pips

TadawulFX slippage with Qurenix trading strategy

Average profit:                  9.0 pips

Average trade lifespan:  5 hours

Most traded pairs:             EUR/USD
1.95 pips

TadawulFX slippage with Forex Cruise Control trading strategy

Average pips/trade:           5.0

Average trade lifespan:   18 hours

Most traded pairs:              GBP/USD
1.13 pips

TadawulFX slippage with For333 trading strategy

Average pips/trade:           12.0

Average trade lifespan:   15 hours

Most traded pairs:              GBP/USD, EUR/USD, AUD/USD
3.37 pips

TadawulFX slippage with Azar Consulting trading strategy

Average profit:                   28.0 pips

Average trade lifespan:   3 days

Most traded pairs:               EUR/USD
1.22 pips

TadawulFX slippage with The Best Player trading strategy

Average profit:                  22.0 pips

Average trade lifespan:   13 hours

Most traded pairs:               EUR/USD
0.22 pips

TadawulFX slippage with Xiaolidao trading strategy

Average pips/trade:           9.0 pips

Average trade lifespan:   1 day

Most traded pairs:               EUR/USD
3.64 pips

TadawulFX slippage with Youron trading strategy

Average profit:                  9.0 pips

Average trade lifespan:   11 hours

Most traded pairs:               EUR/USD, GBP/USD
Tadawul FX forex broker review | TadawulFX metatrader trading

Headquarters:  Samos Center 1st Floor

67 Spyrou Kyprianou Street 

4043 Yermasoyia

Limassol,

Country: Cyprus

Regulated by: Cysec

Website: TadawulFx.com

 

Trader's rate 4
Editor's rate 3.3
14 reviews

Mini Account:

minimum deposit: $50

minimum lot size: 1k

max leverage: 1:500

 

Standard Account:

minimum deposit: $5,000

minimum lot size: 1k

max leverage:1:500

 

Premium Account:

minimum deposit: $100,000

minimum lot size: 100k

max leverage: 1:100 

 

Spread:

Fixed, from 1 pip

 

Deposit/Withdraw

Bank Wire, Credit card,  PayPal, MoneyBookers

 

Platform:

Metatrader 


What we think about TadawulFX

Tadawul FX is the old brand name of Liquid Markets. Initially created to cater to the needs of the Arab forex market, the broker chose its name to represent its services – in Arabic, “tadawul” means stock exchange. 

 
At the end of 2012, the company took a different direction and shifted its focus to its European customer base, therefore rebranding into the more global Liquid Markets.
Latest news about TadawulFX See more...

Spread

Fixed spreads under all market conditions!


Mini account spreads:   EUR/USD -3 | GBP/USD –4 | USD/CHF -3 | USD/JPY –3 

Standard account spreads:   EUR/USD -2 | GBP/USD –3 | USD/CHF -2 | USD/JPY –2 

Premium account spreads:   EUR/USD -1 | GBP/USD –2 | USD/CHF -1 | USD/JPY –1

Pros

Cons

Fixed spreads

Low Spreads for standard and Premium account

No commisions

Mini account spread is a little bit wide

 

 

 

Slippage

Pros

Cons

No slippage during normal market conditions

No slippage during news releases 

No

 

Requotes

Pros

Cons

 No market order slippage

 Some requotes during fast market

Price feed


 

Pros

Cons

No fractional pips

No stop hunting

No price manipulaton 

No 

 

 

Platform

 

Pros

Cons

Metatrader 4.0 / 5.0

Very intuitive and easy to handle

Decent charts

Autotrading - EAs

Custom indicators

Mobile ready

Web Platform  

Trailing stop is server based

 

 

 

 

 

 

 

Deposit/Withdraw

Deposit

Withdraw

Wire пїЅransfer

Credit Card

PayPal

 Wire пїЅransfer

Credit Card 

PayPal

Customer service

 

Pros

Cons

Customer service reps are always polite and ready to help

Phone

Request A Call

Live Chat

E-mail  

No

 

 

 

 

 

 

Summary

Pros

Cons

Fixed spread

No stop order slippage

No market order slippage

Decent customer service

Metatrader 4.0 / 5.0

Some requotes

 

 

 

 

Traders` reviews for TadawulFX Add review

I find Tadawul FX one of the best brokers in the EU

According to me, Tadawul FX is one of the most reliable EU brokers. I have been trading with them for over two years and haven’t faced almost any issues. Order execution is excellent, requotes occur very, very rarely, withdrawing is normal, the customer support staff is always helpful and offers adequate assistance. With this said, I’m not surprised they are one of the biggest brokers in Europe.

AJ 06/22/2012

Tadawul FX is a fair and reliable company

My experience shows that Tadawul FX is a fair company. They are reliable for trading with EA, re-quotes are uncommon and my stop losses are always honored. I recommend them highly.

maria 04/13/2012

TadawulFX is great for trading on the go

I’m a part-time trader (my day-time job doesn’t leave me too much time for trading) so I mainly trade at night. That’s why I value that the support team and the live chat is available around the clock.

The android app is also awesome – I use it to make the occasional trade when I have the time. Highly recommend the broker!

Karim 03/26/2012

Other brokers should learn from Tadawul FX

My experience with Tadawul FX is great – they offer fast and professional services, fast deposits and withdrawals, very good Android app for mobile trading, etc.

I am also very happy that they offer micro trading. The execution of my orders is very good, no complaints there either. Other brokers can learn from them.

jean-paul 02/18/2012

Review for Tadawul FX

An excellent broker, I recommend it to everyone.

A few strong points:
1.Extremely fast execution
2. Quick and easy deposits and withdrawals
3. Free alerts on chart patterns
4. Mobile trading works excellently
5. Spreads are low and competitive

I’ve been trading with Tadawul FX for quite some time now and so far my experience has been nothing but positive. Thumbs up!

Jade Chang 01/10/2012

Tadawul FX server is down, error 404

I'm unable to access Tadawul FX website. It's gone:

Server Error

404 - File or directory not found.
The resource you are looking for might have been removed, had its name changed, or is temporarily unavailable.

Do you know what's going on?

Ghost 10/04/2011

Tadawul FX is a STP broker, we do not manipulate orders

Dear J Liu,

We have searched our databases and cannot find any client either with a name or location similar to yours. Please send us an email with your account number and name, stating the exact problem you have encountered and providing as much detail as possible to complaint@tadawulfx.com.

Tadawul FX does not use a Virtual Dealer and does not manipulate market orders. All complaints are taken very seriously and are investigated fully to ensure all matters are resolved adequately, honestly and in a timely matter.

Please note that Tadawul FX follows an STP (straight through processing) model of execution and does not interfere or manipulate market orders in any form. We always aim to offer our clients assistance with any matters they are facing and will do our best to address any concerns and resolve them.

We hope to hear from you soon.

Regards,

Tadawul FX

TadawulFX official 10/01/2011

TadawulFX uses Virtual Dealer Plugin, it takes over 5 sec to close position

After executing several hundred trades with TDFX. I can CONFIRM with 99% certainty that they are using a "Virtual Dealer Plugin" for the TadawulFX-Live server. When multiple positions are open, and I execute a script to "close all" with 5 pip max slippage, the first one ALWAYS takes 5+ seconds to close. This is UNETHICAL, and I WANT AN ANSWER FROM TDFX.

J Liu 10/01/2011

I hosted my EA on a new VPS and now I have zero execution issues

I must admit having read some of the posts here, I can confirm that TDFX is true to their word when they say if you face any issues to contact them.

I had some issues when I started with execution and sent an e-mail to my personal account manager. Within the same day he contacted me and we went through a check list that they have and analysed the log files and my VPS server that my EA is running on was the cause of the delays. I was using a VPS server in the USA and I had one EA running on a few accounts I have. I followed their instructions, changed my VPS server to one located in Europe, connected the EA to one account and now I have zero execution issues.

The personal support that I have found at TADAWUL is the best compared to other companies I have traded with and I would like to say a big thanks to my personal account manager Vassos for all of his assistance.

Kamil Khaled Agdan 02/15/2011

All deposits with TadawulFX are free of charge

Please note that all deposits are free of charge (as a special promotion which started August 2010 and will end January 2011). All withdrawals via Moneybookers are only 50 cents. Sorry to hear that you find this expensive, but this is one of the most competitive costs in the whole forex industry and you will probably not find it elsewhere!

Also, if you had an unpleasant experience with our Customer Support, please give us the name of the representative and we will be sure to address this. Tadawul FX is known to have some of the best, pleasant and helpful Support in the field and we are dedicated to continuing this.

Kind Regards,
TadawulFX

TadawulFX Official 01/25/2011

Dear Traders,

Tadawul FX is very happy to announce that all deposits are now completely free!

In other words, you will not be charged any fees when making a deposit through PayPal, Moneybookers or Bank Wire into your trading account.

Kind Regards,

TadawulFX Official 01/24/2011

Yes, Tadawul FX offers fixed spreads starting from 1 pip

Dear Hary,

Thank you for your feedback.

Could you kindly explain what you mean by your statement, and also provide an example of when you received spread widening? Tadawul FX has a strict policy of no spread widening at all times, and in its entire history has never widened spreads.

Please note that Tadawul FX offers fixed spreads 24 hours a day, starting from 1 pip. The exact spread on the currency pair depends on the pair you are trading and the Account Type you have. For exact forex spreads on different account types please click here http://www.tadawulfx.com/public/trading-conditions/spreads.html

Have a great day!

Best Regards

TadawulFX Official 01/16/2011

TadawulFX does not trade against clients or manipulate the prices

Hello to "Been Rob" and everyone reading this post,

Thank you for your comments, we always appreciate your feedback.

Please note that Tadawul FX is a European regulated and licensed investment firm that follows strict regulatory procedures. Tadawul FX is also audited on the regular basis to ensure that it follows best business practices in all respects of the business, from internal operations to the way it deals with clients. In line with regulations, Tadawul FX always offers the best possible price, execution and trading conditions at any given time. It does not trade against clients or manipulate the prices as has been suggested, and has many loyal and satisfied traders that make excellent profits every day.

Please note that arbitrage is not accepted by Tadawul FX, (see one definition of arbitrage here: http://www.investopedia.com/terms/a/arbitrage.asp) as is common practice with all other brokerages, and any client found taking advantage of this method will be notified accordingly. If the problem persists, appropriate action will be taken to prevent further trading and exploitation of this method of trading (profiting from non-existent prices or price differences between different brokers). Any client notified of using this strategy is more than welcomed to request additional information or an official explanation.

As is required by European law, Tadawul FX is obliged to include a clause in its Trading Agreement related to such matters. As this is legal requirement, all licensed financial firms based in Europe follow this procedure. Before signing and accepting the Contract, we always recommend that you fully read it first and contact us if you have any questions or if something is not clear. Tadawul FX is more than happy to explain and clarify any of your queries regarding the contract, or any other matter of concern. Tadawul FX works in accordance with honesty, clarity and integrity at all times and we always do our best to assist our clients with any questions they have.

If you have any further queries or would like to discuss this matter or any other matter of concern, please do not hesitate to contact us at support@tadawulfx.com and we would be glad to assist you.

Kind Regards,
Tadawul FX

TadawulFX Official 12/23/2010

Tadawul FX : Trading during news may affect the speed of execution

Greetings to all,

We would like to thank everyone for contributing their comments on this forum thread.

Please note that if you are experiencing issues while trading with Tadawul FX, you must always inform Tadawul FX straight away. This gives us the opportunity to run tests, give advice and solve the matter.

Tadawul FX will always do everything within its power to assist you with any issues that you might experience, however if the problem is never reported then we are not able to help you.

To Mike from Toronto: please get in contact with us, providing as many details as possible so we can look into the matter you experienced. Please note that Tadawul FX follows an STP model of execution and therefore does not trade against clients.

Tadawul FX is continuously working on ways to improve execution time during volatile market conditions. However, generally many of the delays can be reduced by following these steps:
1) Open -New Order Window- in your MT4 platform
2) Tick the -Enable maximum deviation from quoted price- box
3) Enter an appropriate value (up to 7 pips)

The amount of re-quotes will be reduced because the system would automatically accept the new price as long as it is within the range you have selected (for example 2 pips).

In addition, delays in execution could be prevented by following the recommendations below.

1) It is not recommended to use a wireless internet connection for trading.
2) It is not recommended to have more than one MT4 platform installed on your computer, especially from several brokers.
3) It is not recommended to run many (or large) applications on your computer while trading.
4) If you are trading with an EA that is connected to a VPS, please ensure that there are no delays from the VPS provider. Tadawul FX servers are located in Germany and France and we recommend that you choose a VPS provider located in these regions.

Please note that trading during News Announcements may affect the speed of execution as liquidity is thinner and prices are more volatile. For this very reason many brokers do not permit news trading, or often widen the spreads considerably to protect themselves from potential losses. Tadawul FX follows an STP model of execution and therefore if you experience any delays during news trading these are generally the result of low liquidity and/or high volatility in the market, where it is difficult to capture the price. Please remember, that news trading carries a greater risk and is not recommended for all.

Should you have any further questions, please send us an email to support@tadawulfx.com and we would be more than happy to assist you and answer all your questions.

Kind Regards,

Tadawul FX

TadawulFX Official 12/22/2010