Brokers News

Tadawul FX named Best Islamic Finance Provider

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

Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
US, UK, Australia CFTC/NFA, FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA MT4, Web,
ProRealTime,
2Dealer
$1 Review Website
UK, Cyprus FCA, CySec MT4 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, Web,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Bulgaria FCA, FSC Web $150 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC MT4, MT5 $300 Review Website
New Zealand FMA MT4 $1000 Review Website
Belize IFSC MT4, Web $500 Review Website

More Forex Brokers News

FxChoice launches new economic calendar

Feb 22 2017 08:57:02

In a notice to its clients, forex broker FX Choice announced the launch of live and automatically updated economic calendar. This calendar simplifies finding market moving news and makes it easier for clients to take informed trading decisions. Read more

FXCM changes name to Global Brokerage

Feb 21 2017 12:54:05

FXCM, a top global broker that recently got in big trouble with the US regulators and subsequently withdrew from the US forex market, selling its clients to Gain Capital, announced it is changing its name to Global Brokerage Inc.    Respectively, the ticker also changes – to GLBR. Read more

FXTM teams up with Sahara Force India F1 racing team

Feb 21 2017 09:10:11

Global broker FXTM announced it has entered into partnership with the Sahara Force India Formula One racing team and has become its “Official Forex Partner” for the 2017 F1 season. Read more

Fibo Group launches trading account with gold as a base currency

Feb 17 2017 09:38:07

Forex brokerage Fibo Group has added yet another option to its extensive offerings: its clients can now choose gold (GLD) as a base currency for their MT4 accounts. Read more

FXCM’s Jan metrics: trading volumes up 18% MoM, US operations making up less than 20%

Feb 15 2017 14:42:05

Major forex broker FXCM (NASDAQ:FXCM) reported its trading metrics for January. Read more

Client feedback is driving the development of IG’s new web platform

Feb 15 2017 09:05:36

In a note to its clients, IG, one of the largest forex, CFD and spread betting providers, announced some key features of its new web platform, as well as tools which are currently in development. Read more

FXCM pays $650 K CFTC fine for 2015 undercapitalization

Feb 14 2017 13:13:17

FXCM's woes see no end. After last week's shocking regulatory actions against it that forced it to exit the US forex market, where it was the leader, this week the broker took action to resolve another old regulatory issue and pay a $650 000 fine. Read more

FXCM expects its US exit to trigger international growth

Feb 13 2017 10:10:07

A couple of days after the news about FXCM [NASDAQ:FXCM] leaving US forex market and selling its client base to peer Gain Capital broke, the top forex broker announced key metrics for the nine months, ended 30 September, 2016. According to the data disclosed, FXCM generated a net loss of $13. Read more

Forex.com reports 40% annual drop in January volumes

Feb 13 2017 09:06:16

Forex.com, the OTC retail forex brand of the US brokerage Gain Capital, has posted a 40.1% drop of its average daily volume in January 2017, compared to last January. According to the company report, it amounted to $9. Read more

Gain Capital to pay up to $500 for each FXCM client, conditions apply

Feb 10 2017 08:49:12

Following the regulatory penalties and dramatic exit of the largest US forex broker FXCM from the country and the subsequent announcement that Gain Capital is buying off FXCM's retail forex clients, new details are emerging about the deal. Read more