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If you are looking for the best forex trading website in the middle east countries for your needs? then you would want to check the regular market news and analyze many trading sites.
I am going to share a couple of important metrics to find out the best online forex trading website, The website credible and authoritative in terms of the information it serves? Are the currency exchange rates live? Is the site always ahead of the latest news and scams in the industry or is it continually late to the scene? These are just common points you need to check for when you are looking for a good Forex trading platform.
In this article, you will learn more about the most trusted FX trading website in the Middle East.
Best Online Forex Trading Platform in Middle East Countries – IMMFX
IMMFX is the best forex trading platform in the middle east within the largest financial market in the world with a daily turnover of over 5 trillion USD.
The forex trading market is where the user can exchange one currency for another local country currency, and Let us ask you a question – why do most people follow forex trading? Because almost anyone can buy or sell currency from home, the workplace, or even while on holiday, following a few terms and conditions.
Here at IMMFX, we offer you a powerful payment gateway, swap-free account, deep liquidity, no withdrawal restrictions, and much more. We intend to build long-lasting relationships with our traders, which is the primary reason we provide educational blogs and videos to help them improve their performance, along with extra tools like trading calculators, economic calendars, currency converters, daily signals, among others.
Why is forex trading popular in Middle Eastern countries?
The Middle East countries are often recognized as being the wealthiest countries because of their large skilled migrant population, and hence forex trading volume has increased in the Middle East countries over the past years.
Across the world, the online currency trading industry processes trillions of US dollars in transaction volume every single day, which is a huge amount in comparison with other financial market sectors.
Advances in technologies, fast and reliable internet coverage, and increased competition among brokerages in the Middle East have all helped make forex trading more accessible while also reducing costs of trading across the board.
Best forex brokers in Middle East countries
IMMFX is the leading forex brokerage platform with MT4 and has major users in Jordan, Dubai, Oman, Qatar, Cyprus, Israel, Egypt, and Turkey for currency exchange.
There are many forex brokers located in the Middle East, where Dubai has been recognized as the largest financial hub and is often called a hub for a great number of forex brokerage companies.
IMMFX offers its clients excellent services and secure access to foreign exchange markets. It is a user-friendly site with an easy navigational layout and a range of tools and features ideal for those just beginning to trade forex.
Why is IMMFX the right forex broker for you?
1. Licensed broker and global regulation
IMMFX is one of the most highly regulated online forex brokers in the market. Dealing with us will guarantee transparent pricing and the safety of funds.
2. Segregated client funds
IMMFX has partnered with major banks to build its network of liquidity providers, which can trade your favorite financial assets with competitive spreads at all times.
3. Multiple forex trading platforms
IMMFX offers the leading MT4 platform on desktop, Android, and iOS. Web traders can select the kind of trading they want when trading with IMMFX.
4. Higher leverage for professional traders
If you qualify as a professional trader on IMMFX, you can gain access to flexible leverage that exceeds the value of your account up to 200:1.
5. Negative balance protections
IMMFX offers negative balance protection, meaning user losses from CFD trading can’t create a negative balance in your account, limiting your risk from trades.
Types of currency pairs in IMMFX
Majors: These represent the most popularly traded fiat currencies in the world and boost massive liquidity, so, it has very low spreads. The US dollar currency is the most widely used currency, both in circulation and reserves.
Examples: AUD/USD, EUR/USD, and NZD/USD.
Minors: These are also known as Cross Pairs and include the Euro (EUR), Japanese Yen (JPY), or the British pound (GBP) in their exchange for rate calculation.
Examples: GBP/JPY, EUR/JPY, and EUR/AUD.
Exotics: Exotic currency pairs are a combination of one major currency pair with the currency of an emerging economy.
Examples: USD/ZAR, EUR/TRY, and GBP/SGD.
Best online forex trading platform in Abu Dhabi
IMMFX is a CFD trading platform that is the best online forex trading platform known for low spreads, free demo account options, and responsive customer support. The trading experience on our proprietary web, desktop, and mobile interfaces is smooth for the MT4 platform. IMMFX is a trustworthy forex broker website, meeting the highest standards of regulation and safety for the user.
Best FX broker website in Saudi Arabia
Saudi Arabia allowed the forex market and regulated brokers to trade forex through their websites. IMMFX is an OTC forex website in Saudi Arabia, well known for its many awards and the wide range of trading products they offer, including cryptocurrencies, forex, metals, energy, and stock indices.
How to open a real forex trading account with IMMFX?
Step 1: Visit the IMMFX homepage and click on the ‘Sign up’ button located in the top corner of the page.
Step 2: On the new account opening page, click “Open a trading account now” and fill out your registration details.
Step 3: After signing up, you will receive a verification link via email, and you will be required to verify your account by uploading copies of your identity documents. You can then deposit funds into your trading account and start trading.
The key features of forex trading in the IMMFX
Take part in the biggest financial market in the world
Open large deals with low investment and get back high profit
Invest in a wide variety of currency pairs like major, exotic, and cross
Receive free education video
Trade-in your free time on your pc or mobile through MT4
Expert Advisors (EAs) are special trading programs to assist you in 24 hours.
Open a Forex Trading Account with IMMFX and enjoy the benefits of a licensed regulated forex broker.
