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Tadawul FX Introduces New Online Forex Trading Accounts

Tadawul FX (TDFX), an online forex broker, has expanded its services by launching new trading account options.

TDFX has introduced a new account with a minimum deposit of $5000, from $10000, allowing traders to benefit from the conditions to trade forex, CFDs, oil and gold.

Minimizing the risk, yet increasing the control, fixed spreads are offered to traders on standard account from only 2 pips, with flexible leverage up to 1:500 over their money. Mini lots of 0.05 are also available on standard accounts.

TDFX has also launched premium trading accounts for clients with $150,000 or more to invest, including fixed spreads on major currency pairs from as low as 1 pip, priority execution and 24-hour live support. Previously, this option was available only to institutional clients and professional traders.

Additionally, traders can choose one of five base currencies offered including USD, EUR, GBP, JPY, CHF.

Thomas Papantoniou, executive director of TDFX, said: “These new accounts mean that every trader in our client base is entitled to superior trading options, not just those with larger accounts. Even the most successful traders have to start somewhere. With these new accounts, Tadawul FX can now provide support and guidance to all traders, regardless of their trading level or investment.”