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Forex trading in UAE

How does forex trading work? What are the advantages and disadvantages?

What is Forex trading? In order to form the word “Forex,” the roots of “foreign” and “exchange” were combined. Forex trading is a synonym for Foreign Exchange Market, which refers to all financial transactions carried out without reference to a specific country or bank, such as currency pairs, securities, precious metals, and investor funds. In …

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Dubai online forex trading

The best forex brokers in UAE

The best forex brokers in the United Arab Emirates for 2022 Despite being recommended, forex brokers are not required to become authorised by the Securities and Commodities Authority (SCA) in order to accept UAE residents as customers. United Arab Emirates markets are monitored and overseen by Digibits, a company that was founded in 2000. United …

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online forex trading

Dubai online forex trading

As the UAE is not charging any tax from online forex trading in financial market, the benefits of Forex trading in Dubai are immense. However, many remain skeptical due to the Forex markets’ reputation as risky investments. It’s only the traders’ high leverage trading behavior that results in their losses since the major currency pairs …

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