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Tadawul FX — Forex Broker

Tadawul FX:

Company: Tadawul FX SA.
On-line since: 2006
Country of origin: Switzerland
Regulation: Registered with ARIF (Association Romande des Intermédiaires Financiers) - a Swiss organization against money laundering, is also audited by Swiss financial auditor VERIFID.
Payment options: PayPal, credit cards and bank wire
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: from 1:33 to 1:100
Spreads: 3 pips on EUR/USD
Rating:
3.7/10 with 131 votes

Rate broker — Tadawul FX:
Categories: PayPal Forex brokers
MetaTrader Forex brokers
Gold trading brokers
Forex brokers with CFD trading
Muslim Forex brokers
Opinions: See Tadawul FX reviews.

Advantages:

  • Islamic Forex broker
  • MetaTrader4 Forex broker
  • Registered with very serious regulation authorities

Disadvantages:

  • No important disadvantages

Click here to open an account with Tadawul FX


Reviews:

13 reviews of Tadawul FX are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


Don W from Canada07/19/2010

There are way to many requotes. I had been trading with Dukascopy for a couple years and did not have one requote in the whole time I traded with them. Tadawul gives 5 or 10 requates per session, which I find very frustrating and costly. I would be cautious if you are day trading


Syazlan Osman from London, UK06/27/2010

Generally, I consider TDFX to be a good broker. The spread are at par with other broker and since I am using EA, I personally do not see much slippage or issues with the broker. The only downside is the charges for deposit and withdrawal using paypal. I know that TDFX did not charge for deposit and withdrawal, but I feel that TDFX need to do something to reduce the charges, i.e. probably by direct debiting debit card (without the need for paypal). For your information I was charged 2.5% for the transaction, for GBP 1000 approx GBP25, way too much. Hope TDFX could do something on this fast. The deposit and withdrawal are fast by the way, it is just that the charges is a bit too much.


TAdafun from BUlgarian03/28/2010

I have a live account, UNfortunately the latest meta update 226, was not succesful as ath AVG viruscan found infected tehi terminal.exe file


Cornelius A. A. from Nigeria01/07/2010

I think Tadawulfx is real, at least with their pivot point review.


gorila from japan12/05/2009

This company need 10 days over for withdral.

1 month ago, very fast. However, need long time.

What happen ?


Galore from London UK09/06/2009

Tadawul Fx is so far the best broker. I have seen the post from Nigeria. What i should say is that they should get a better internet in Nigeria. From the UK the spead is one of the best with TDFX. Since the speed is excelent i do not get requotes.

Thank you

H


Agama from abuja,Nigeria08/27/2009

with expensive spreads for GBP/USD and EUR/USD the are not the best for me.the forex market is becoming flexible.

Frequent requote no no way for TADA


Nelson from Nigeria from Nigeria08/13/2009

I have a live account with Tadawul and it actually blows both ways. Customer support is fair enough. Depositing of funds is preety easy and straight forward. I however had issues trying to withdraw funds. No dealing desk, no requotes, not exactly correct. The explanation was that when the market is volatile, then requotes are almost inevitable. Is this true? Overall, I give them a SIX.


Vesna from Croatia06/26/2009

They say scalping is allowed. You will quickly find why. Re-quote after re-quote and your winners are turned into losers. They ignored all my complaints. Unethical broker whose only objective is to take your money.


anna from uk06/10/2009

very pleased with their demo account, just thinking about opening a live acc.

victor, who is your IB for TADA, please?

good trading!


trader from JAPAN05/14/2009

Tadawul is very good broker.

This broker have JPY based account . And spread is narrow.


Eunice Ekpe from Nigeria05/11/2009

i have been trading demo with this broker for 3mths. they are an stp broker- no dealing desk. if their live acc is as amazing as the demo, then they will be my broker for a long time. their customer service is superb. i even have a very dedicated accont manager with my demo account. one mr micheal.p. i intend going live in a couple of days. will come back with an updated review when i do.


Victor from UK05/11/2009

Thanks a lot for your big job and effort!!! Size of your info very impressive, but I think that some time you need some help from us (traders, who used your info in the past) with update of info. For example, TADAWUL FX can accept trading account funding via Visa, Mastercard, Discover, American Express not only Paypal & wire transfer. Also you wrote that opening an account is a complicated process but they have an easy online opening account form (https://www.tadawulfx.com/v2/services/forex-online-open-account.html)with minimum account size: 500$ and option of same day withdrawal funds from account. They are my favourite broker because I enjoy rebate from IB of $3 per each lot per round turn transaction. Not bed at all ;~) At the moment I have several accounts with 3 different brokers but thinking to close them and stay only with TADA .

I presume other traders can give you extra update as well ;~)



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