Banking divisions and other corporates facilitate Forex trading Dubai. The business know how is simple

1. Forex trading Dubai-how FX sweeps through this bustling city
Banking divisions and other corporates facilitate Forex trading Dubai. The business know how
is simple. Familiarize yourself with the advantages of Forex on a user-friendly trading platform
and learn how you can make great profits just by trading in 8-10 major currencies. When you
realize the potential of FX trading, and learn to predict how certain economic and political
factors affect news trading, the world of FX success is at your hands. Simply follow the
economic calendar and soon you will realize the mechanics of this exciting industry.
Some advantages of FX trading are as follows:
 Extensive FX product coverage
There are financial corporations or biggies which offer you the possibility of trading in more
than 160 currencies across the world. This allows you to evaluate different currency trading and
improve your trading strategy.
 More than 1,100 training academies
Dubai offers more than 1,100 training academies providing comprehensive training in FX
trading. All presentations are made on live demo accounts on various online platforms which
simulate real trading environments, including live prices and trading conditions.
Online courses and tutorials are also available with live traders/ brokers giving you market
updates from time to time.
On completion of each FX training course, the student receives a certificate which opens up a
number of FX doors.
 Course contents
The training course includes
1. Charting and technical analysis
2. Full training on FX platform
3. Enhancing your own personal techniques to trade in the FX market
Other benefits FX brokers offer clients
 Liquidity
Firms provide clients with a high level of liquidity. Liquidity is the capacity to convert an asset
into cash. Most successful brokers deal with the following currencies Euros, USA, GBP, CHF,
JYP. Two currencies are paired up and traded against another pair on the live market.
 Leverage

2. Profits are made from the concept of leveraging. Leverage is the ability to trade with a bare
minimum deposit as the base but able to trade on 100 times the deposit value. Most brokers offer
you a leveraging ranging from 100:1 going up to 500:1.
100:1 means with a $1 min deposit you are able to trade currencies up to $100.
500:1 means with a deposit minimum of $1 you are able to trade on a platform worth $500.
The higher the deposit the lower the leverage.
Certain guidelines new traders should follow
a) Trade on a demo in order to perfect your trading strategy; the demo account simulates
all the trading conditions of a live trading account without the risk of losing any
money as the funds are virtual.
b) Always read the Risk Disclaimers carefully.
c) Approach a regulated and respectful broker and make sure their customer support are
readily available at all times. Learn FX glossary to perfect your FX knowledge.
As the saying goes, practice makes perfect so now is the time to FXDUCATE YOURSELF!!!!