UAE Trading Market

UAE Trading Market

Showing posts with label UAE Trading Market. Show all posts
Showing posts with label UAE Trading Market. Show all posts

Standard Chartered Bank launched online Forex service

Standard Chartered Bank has announced the launch of enhanced online foreign exchange services through its secure banking platform Straight2Bank.  It brings a choice of 130 global currencies to the bank's clients in Bahrain, the UAE, Oman and Qatar. It is seamlessly accessible to all corporate clients through the platform. This added advantage allows clients to access international trade currencies within Straight2Bank - ultimately making currency payments for Middle East-Asia and intra-Middle East trade relationships faster and executed in a currency of choice. The product innovation saves clients' unnecessary costs in currency conversions and avoids the inherent risks associated with fluctuating currency rates - a challenge most traders face when dealing with trade partners outside their economies. Standard Chartered corporate clients can now access instantaneous foreign curr…

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…