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The foreign exchange market (also known as forex) originally evolved as a means for making international trade and investment less difficult, namely by providing a mechanism for companies to easily convert one currency into another. Because of the way in which forex simplified cross-border trade, a business based in the US, with its revenue in US dollars, can easily buy components from a Canadian supplier that markets its products in Canadian dollars. With the arrival of the Internet, online forex became the preferred method of trading currency since it offered virtually instantaneous transactions from any location and didn’t depend on a broker’s hours of operation. This reflected the fact that forex operates 24 hours a day, suspending trading only on weekends.

Outside of the trade applications, forex also became an investment opportunity. With the relative worth of world currencies constantly in motion and volume of transactions taking place, online currency trading (or online forex trading) represents a significant potential for profit for investors especially as money can be made in a declining market as well as rising. Of course, where money can be earned, there is also the potential to perform poorly, but this risk can be minimized by using a reputable, licensed online forex broker. One of the leaders in online forex trading is Tadawul FX, also known as TDFX, a company that places a high value on integrity, honesty and superior customer service.

TDFX is an EU regulated online forex broker, licensed by the Cyprus Securities and Exchange Commission (CySEC). TDFX is also registered with the UK’s Financial Services Authority and Germany’s Federal Financial Supervisory Authority (or BaFin). In addition, TDFX is fully compliant with the EU’s Markets in Financial Instruments Directive (or MiFID). All of this means that traders at TDFX are under one of the highest levels of financial protection. Client funds are held in bank accounts separate from company funds and clients are covered by the protection of CySec’s Investor Compensation Fund, providing up to €20,000 in coverage in the unlikely event that TDFX becomes insolvent. People who invest in online forex using brokers who are not properly licensed run the risk of financial mismanagement, not to mention having little or no claim for compensation should their broker default on its obligations.

TDFX is also known for providing traders with the high quality renowned online forex trading platform MetaTrader 4. Not only is this a fully featured product that can be customized to each trader’s personal preferences but it also offers mobile trading options using a Windows Mobile smart phone, pocket computer or PDA. All information exchanges on Metatrader 4 are encrypted with a 128-bit key, ensuring security. TDFX provides MetaTrader 4 free of charge to its clients and provides demo accounts with virtual balances for those who wish to try it out before live trading.

By choosing TDFX as their online forex broker, clients enjoy unparalleled customer service and access to free online forex trading software. They are able to rest easy knowing that their funds are being handled by a licensed and regulated company and in the case of all retail clients also, that their money is covered by an investor compensation fund.

For further information about TDFX, one of the industry leaders in Islamic forex trading, or to learn more about MetaTrader 4, please visit the company’s website www.tadawulfx.com. To open your own Islamic forex trading account, or for further information, you can call their customer service agents at +357 25200900, or send an e-mail to support@tadawulfx.com.

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