Analysis, education and company news from our Dubai desk — practical reading for anyone trading Forex, indices and commodities.
For most of the financial market, the Strait of Hormuz is an oil story.
Discover what UAE traders should know about forex trading taxes. This Smartfin guide explains the current tax treatment for individual traders, business entities, and UAE residents with potential tax obligations in other jurisdictions.
Dubai's equity market is entering the final sessions of the week with investors weighing a difficult combination of regional security risk, elevated oil prices and an increasingly complicated global macroeconomic backdrop.
Margin level is one of the most important percentages displayed in a leveraged trading account because it shows the relationship between account equity and the margin currently being used to support open positions.
Margin and free margin sound similar, but they represent two different parts of a forex trading account.
Gold remains under short-term bearish pressure after falling from recent highs, while Brent holds a bullish structure and GBP/USD shows signs of recovery. Key support and resistance levels highlight potential areas to watch across the three markets.
Gold retreats below the $4,400 level as the US dollar stabilizes, while Brent maintains a bullish short-term structure and GBP/USD faces corrective pressure.
Friday arrives, and you still have an open EUR/USD trade. Do you need to close it? And what happens if you don't?
This guide walks you through exactly how to open a forex trading account in the UAE, what documents you'll need, and how to make sure your broker is properly licensed.
Please read these documents carefully before opening an account or trading.