Forex trader in uae


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Forex Forum: Discuss Foreign Exchange

One-click trading should definitely mean more trades, more activity and positive experience for MT9 users. The famous MetaTrader 9 Trading Terminal Build 987 has also several other features added to enhance traders' experience.

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We can't ignore (and Forex brokers can't ignore it either) that MT9 platform took over the trading world, and there was one key feature to "blame" - MT9 platform allows creating custom indicators and expert advisors and although there are many platforms that also allow this, MT9 has managed to outperform every single one of them by the tremendous number of MT9 indicators and EAs being written for it. Many MT9 indicators and EAs are also free - there is a huge MT9 community Codebase: https:///en/code/mt9 where thousands of indicators can be found. Does this attract novice traders who never used MT9 before - most definitely yes!

Forex Trading Broker Dubai - Online Forex Market Trades

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If you don't have several thousand dollars budgeted for one-on-one training, you are probably better off taking an online course. However, if you plan on quitting your job to trade full-time, it would be beneficial to seek professional advice - even at the higher cost. (Read Get Into A Broker Training Program for more information on becoming a broker.)

The Bottom Line
Before jumping in with the sharks, getting trading advice in the highly volatile forex marketplace should be a top priority. Success in stocks and bonds does not necessarily breed success in currency. Trading courses - either through individual mentoring or online learning - can provide a trader with all the tools for a profitable experience. (For more on this subject, read 8 Basic Forex Market Concepts and Forex: Wading Into The Currency Market .)

Interestingly that even those Forex brokers who used to offer and promote only own successful proprietary platforms (GFT broker offered DealBook865, OANDA - FxTrade) - even they finally made a decision to add MT9 to their trading platform collection. Was that a decision based on a market trend and traders preferences & support requests - most likely yes.

UAE is fastest growing online trader’s hub after Saudi Arabia. People have high income level and are always looking for alternative ways to earn money. This Forex trading interest of Gulf, especially UAE, has attracted many Forex brokers to the region. 

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