In starting an Tadawul FX review the first point to note is the thoroughly professional image this Swiss Forex broker provides
. From a first glance at its website and the products and services on offer, Tadawul FX displays an uncommon commitment to quality. The rapid growth of Tadawul FX in recent years into one of the leading online Forex brokers is no stroke of fate.
For most Forex traders, having a broker that is financially regulated is one of their most important criteria. Tadawul FX comes under the regulation of CySEC. It is important to select a regulated Forex broker for two principle reasons. Primarily it offers protection to client funds held by the broker. Regulated brokers must hold client deposits in separate client denominated accounts so that they cannot be considered as brokers resources. Secondly regulated Forex brokers are obliged to offer an agreed level of service to their clients as set out by the regulator.
The level of service provided by the Forex broker is also a major consideration. This is one of the most distinguishing features between the range of brokers available. Tadawul FX provides dedicated support via online chat, email and telephone. In addition a range of resources aimed at educating traders is provided. These include daily market updates, free learning resources and online tradng courses.
The ability to try out the Forex brokers systems is provided in the form of a free demo account. The simple task of opening a demo account can be done in a matter of minutes. The practice account lets you trade the markets with a virtual capital deposit. When you are ready to open a live account you then just need to select the account type you wish to open.
The trading platform offered is also an important choice for traders. This is the software you will be using to plan and execute your trades so you need to be both happy with and confident in its operation. Tadawul FX offers the traders platform of choice, Metatrader 4. This is a good decision as not only is Metatrader one of the best trading platforms available but it also has the facility to run pre-programmed expert advisors. If you are looking for a Metatrader 4 Forex broker then this company is an obvious choice.
A Tadawul FX review may start by pointing out that the company is relatively new, but this should not be seen as a negative. Tadawul FX has created a creditable broker platform offering some of the best trading products available and backed this up with a high level of customer support for your Forex trading.