Analysis, education and company news from our Dubai desk — practical reading for anyone trading Forex, indices and commodities.
When you click Buy or Sell on MetaTrader 5, the platform sends an order request to your forex broker.
A forex broker provides the infrastructure through which traders access currency markets, receive bid and ask prices, submit orders and manage open positions.
Brent crude entered the new week close to $97 per barrel after a sharp rally during the previous week, while WTI traded above $92.
Thinking about trading forex in the UAE? Here are honest answers to the questions we hear most often from traders in Dubai — covering regulation, costs, and how to get started.
Financial markets ended the first week of September with a significant shift in expectations. The catalyst was the latest U.S. employment report.
US indices recovered as Treasury yields eased, while weaker-than-expected ADP jobs data pressured the dollar and supported gold. Markets now await Friday’s Nonfarm Payrolls report for further clues on Fed policy and the next direction for gold and equities.
Gold has rallied above $4,400, gaining more than 1% as short-term bullish momentum returns. Brent crude remains bullish near $98.30, while USD/JPY continues to show a bearish technical structure.
Forex trading involves exchanging one currency for another or speculating on changes in the value of a currency pair. Unlike a centralized stock exchange, the foreign-exchange market operates through a global network of banks, financial institutions, brokers, businesses and individual market participants.
Trading forex through an unregulated or offshore broker exposes you to unnecessary risk. Choose a broker that's accountable to UAE law.
Please read these documents carefully before opening an account or trading.