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.
The best trading account in Dubai for a beginner is one whose products, costs, minimum exposure, and account rules they can understand and assess against their finances. Use demo exercises to practice platform decisions, and review the written terms to evaluate funding and withdrawals.
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.
When comparing the best forex brokers in Dubai for gold trading, translate each XAU/USD position into its underlying ounce exposure before comparing costs. The same lot number can represent different exposure if contract sizes differ. Check contract size, minimum volume, spread, financing and margin together; a platform label or a low advertised spread does not identify the most suitable provider.
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.
Please read these documents carefully before opening an account or trading.