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 fore…

Forex Trading in UAE – A brief look

Forex trading in UAE is evolving day by day. I remember before several years ago when I was searching for a Forex broker. It was indeed a time consuming and daunting task with the very limited choices available. But now, it is interesting to see several brokerage companies from USA, UK and Europe bringing their services into UAE with excellent features. This is not a surprise now as more and more people around the world are becoming aware of the potentials of Forex trading. Although I am quite aware of the thriving Forex market in UAE, I was focused more on other investment opportunities including real estate, metal trading and precious metals trading. It is interesting to know that trading and investing are quiet active in UAE, basing from the community of traders in UAE sharing advices and strategies with one another. Traders in the UAE are quiet competent whatever the condition of the…

UAE Forex Trading - 3 Major mistakes

So often, people talk about the many potentials of Forex trading but very few ever mention the things and choices that people allow to interfere with their trading business. This article will focus on some of the mistakes that traders commit while not realizing that their success will be limited or destroyed overtime and how to successfully do UAE forex trading. 



Not Using The Stop Loss and Limit Order Feature
The Stop Loss and Limit Orders are helpful tools in helping traders enhance their profitability and minimizing their risks. A limit order allows you to set a predetermined profit of level and get you out of a position once that level is achieved. A stop loss on the other hand works similarly but will get you out of a position once your loss reached a predetermined level. If used the right way, these tools can help avoid or minimize catastrophic losses when trading.
Letting Your Emot…

Is Forex Trading For You? Ask Yourself These 3 Questions

Yesterday, I had talk with one lady who was interesting in Forex trading. She was excited about her friends who was doing Forex investment in Dubai gold trading but probably she is not aware of the risk evolve especially when you are new in UAE forex trading. With the Forex market being the largest financial market in the world having a $4 trillion trade a day volume, more and more people are becoming attracted to its potential as a money-maker.
While it is true that there had been thousands of people who are making off a living wage from Forex trading, this doesn’t mean that Forex trading is for everyone. Just like any other business, you need to devote a considerable amount of time and effort to realize profits from it.
After you have learned about the potential of Forex trading, you may be tempted to jump in the bandwagon, hoping that you’ll get a share from this massive financial mark…

Forex trading trends - UAE

UAE forex trading is hot trend now a days for many investors living here as its potential is huge. GCC countries, including UAE – the second biggest economy in the Middle East after Saudi Arabia continues to boom faster than any other region in the world. It is one of the few countries that have continued to grow in different aspects while the rest of the world plummeted because of the recession.
When it comes to trading, the UAE is one of the ideal places to be. With its highly developed offshore market and free trade zones, Dubai – the UAE’s primary commercial hub is known to be a globally regulated environment. The following are the emerging trends that I think have molded the online trading in Dubai over the past several years.
Trend #1: Forex Brokers Are Now Offering Dubai-Based Platforms
Dubai is distinctive among other offshore markets for its 100% ownership in free zones, no restr…