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

DF Markets and the EURCHF: Business continues uninterrupted

Jan 16 2015 19:24:08

DF Markets, a UK-based forex and CFD broker, has just informed its clients that it is well capitalized and its operations continue without any disruptions. Read more

FXCM suffers losses of $225 million after SNB abandoned EURCHF floor

Jan 16 2015 15:51:46

FXCM Inc. has not opened for trading on the New York Stock Exchange after the SNB’s decision Thursday to abandon the Swiss franc peg. Shares of FXCM were 85% down in today pre-market trading. Read more

Alpari UK enters into insolvency after the EURCHF collapse

Jan 16 2015 15:35:19

"The recent move on the Swiss franc caused by the Swiss National Bank’s unexpected policy reversal of capping the Swiss franc against the euro has resulted in exceptional volatility and extreme lack of liquidity. Read more

IronFX Global obtains a forex license from Italian regulator CONSOB

Jan 14 2015 17:36:42

IronFX Global, the Global Leader in Online Trading, has announced that it has been granted authorization from CONSOB, the Italian regulator (Commissione Nazionale per la Societá e la Borsa), for the establishment of a new landmark global office in Italy as a branch. Read more

ThinkForex cuts spreads on Oil, Gold and Silver

Jan 08 2015 18:22:55

ThinkForex, a leading forex broker based and regulated in Australia, announced their tightest-ever spreads for Gold, Silver, Light Sweet Crude (WTI) and Brent Crude Oil (BRENT). Read more

FxPrimus eyes on Europe, obtains forex license from CySec

Jan 08 2015 17:59:05

FXPRIMUS, a fast growing forex brokerage regulated in both Mauritius and New Zealand, announced that their European subsidiary, FX Primus Europe (CY) Ltd. has been granted a CIF License from Cyprus Securities & Exchange Commission (CySEC). Read more

Exness reports $163.7 billion in trading volumes in November

Dec 18 2014 17:13:09

Exness, a global forex broker regulated in EU, has reported it monthly trading volumes for November. The total trading volume amounts to 163.7 billion USD, down from 198.8 billion in October . Read more

Alpariā€™s trading volumes drop to $191 billion in November

Dec 18 2014 16:29:56

The Alpari group of companies announce trading volumes in excess of $191 billion for the period 1-30 November 2014, 13.6% lower than the previous month. No need to worry though, the trading volumes most probably will recover in December due to Russian ruble turmoil in the recent days. Read more

FXCM average daily trading volumes set new record in November

Dec 13 2014 14:48:20

FXCM, the world's second largest forex broker, announced record Average institutional daily volume of $17.1 billion in November and Average retail daily volume of $20.9 Billion, second highest in company history.   NEW YORK, Dec. 9, 2014 (GLOBE NEWSWIRE) -- FXCM Inc. Read more

OANDA sees record trading volumes on fxTrade Mobile plaform

Dec 13 2014 14:33:47

OANDA, a global forex broker headquartered in Toronto, announced that its clients have traded record-high volumes via the fxTrade Mobile platform, available for Android and iOS. Read more