Brokers News

Tadawul FX named Best Islamic Finance Provider

Jun 28 2011 22:00:00 GMT
By
Stanimir Zhelev , ForexBrokerz.com Find me on Google+

Forex broker Tadawul FX, licensed by the Cyprus Securities and Exchange Commission, proudly announces it has won the award for Best Islamic Finance Provider at the World Finance Foreign Exchange Awards 2011.

 
Thomas Papantoniou, Chief Operations Officer and Partner of Tadawul FX says: "We have always been a market leader in Islamic forex through our competitive swap-free accounts, without hidden commission, fees or spread widening. Islamic clients enjoy the same low fixed spreads as others but trade in accordance with their beliefs."
 
Islamic clients cannot incur overnight interest charges and can  distribute profits through initiatives such as 'hibah'. Tadawul FX enables these services allowing easy Islamic trading.
 
Stavros  Yiannakou, CEO & Partner  of Tadawul FX, says: "At Tadawul FX, we remain focused on innovation and strong customer support. This award recognizes this and we are proud to add to our growing accolades."
 
The broker also announced its Arabic website launch, providing a more localized service catering to its large Middle Eastern client base, alongside its Arabic language support. Traditionally a difficult market to enter, Tadawul FX has successfully established itself as a broker that understands the challenges of Islamic trading.
 
After winning 3 awards in a few short months, including two Excellence awards for Islamic Forex Broker and Forex Broker in the Middle East at the 2011 IBTimes Trading Awards, Tadawul FX is ideally placed to further grow its customer basearound the region  and beyond.
 
About Tadawul FX:
 
Tadawul FX is a forex broker. TDFX is licensed and regulated by the Cyprus Securities & Exchange Commission (license number 103/09) and is registered with the UK Financial Services Authority (FSA) with registration number 516667, as well as German regulators BAFIN (Reg 123252).
 
The Tadawul FX website in Arabic can be found on http://www.tadawulfx.com/public/ar/ .
 
For information about Tadawul FX Islamic forex accounts, visit the website http://www.tadawulfx.com
 
SOURCE Tadawul FX
TAGS: tadawul fx  Best Islamic Finance Provider  forex  forex broker 

More news about TadawulFX

More Forex Brokers News

Forex Time named Fastest Growing ECN Broker Asia 2014

Sep 18 2014 19:39:54

International forex broker Forex Time (FXTM) has once again been recognized as an influential player in the forex industry, winning two awards from Global Banking & Finance Review: “Fastest Growing ECN Broker Asia” and “Best Partner Program Asia”. Read more

Alpari reports 40% increase in gold trading volumes for the last three months

Sep 18 2014 17:39:44

Alpari, a global forex broker with Russian origin, has reported total trading volumes of over $165 billion for August 2014, 7% lower than previous month. Read more

HY Markets increased the number of its stock trading instruments to almost 100

Sep 16 2014 13:14:37

HY Markets, a FCA regulated broker, has gradually increased its stocks available for trading from 12 to almost 100.   HY Markets now offers stocks from UK, US and Hong Kong. Until recently the broker had only US companies stocks in its trading portfolio. Read more

Hirose UK to launch forex binary options mobile platform

Sep 16 2014 09:37:48

The FCA regulated forex broker Hirose UK is to launch a mobile platform for binary options in order to allow traders to capitalize on the current very high markets volatility. Read more

ThinkForex to provide forex price feed for Interactive Data Corp.

Sep 12 2014 10:33:35

The Australian broker ThinkForex is the latest provider of forex price data for the Interactive Data Corporation Consolidated Price Feed. ThinkForex is one of the most ambitious and innovative brokers out there. Read more

Dukascopy bank launches CFDs trading on live accounts

Sep 11 2014 10:57:38

Dukascopy, the elite Swiss bank and forex broker, adds CFDs on major indices to its trading instruments after successful tests on demo accounts. Read more

FXPro acquires the spot forex aggregator Quotix

Sep 11 2014 08:41:06

FXPro, the UK and Cysec regulated global broker, is acquiring Quotix, a company which technology helps forex brokers to gain access to better liquidity, prices and execution. FXPro is no doubt one of the most dynamically growing forex brokers worldwide. Read more

GAIN Capital reports unchanged monthly operating metrics for August 2014

Sep 10 2014 13:43:30

Gain Capital, mostly known for its brand Forex.com, announces flat retail trading metrics for August compared to July. Institutional trading, however, exhibits worse performance MoM with a 12.7% decrease of trading volume. Read more

FXCM enjoys a 14% retail trading volume increase MoM in August

Sep 10 2014 09:19:36

FXCM, the biggest US forex broker, reports positive operating metrics for its retail business for August compared to previous month with a 25% increase of the average customer trading volume. Institutional trading volume, however, is 2% down compared to July but still 22% up YoY. Read more

Dukascopy trading platform JForex to be offered in Armenia by FinLab

Sep 09 2014 14:01:39

The Armenian forex broker Laboratory of Financial Technologies (FinLab) is to offer the Dukascopy’s JForex trading platform under the label FinLabFX. FinLab is an Armenian broker which up to now has offered the DIF Freedom trading platform to his customers. Read more