Friday, 25 September 2009

Arab Financial Brokers — Kuwaiti Forex Broker

Arab Financial Brokers — Kuwaiti Forex Broker

Arab Financial Brokers (or simply AFB) is a Forex broker located and regulated in Kuwait. As its title suggests AFB is created by the Muslim traders for the Muslim traders and it’s offering all the respective services — including the no-interest trading accounts. Of course, non-Muslim Forex traders are also welcome to join Arab Financial Brokers and they will also gain the advantages (and also disadvantages) of their no-interest accounts. The broker offers MetaTrader 4 platform with mini-trading and leverage up to 1:200. But the minimum account size isn’t very low — $2,000 (though, sometimes they are accepting smaller accounts on special occasions). The spreads are slightly above the market average — for example, EUR/USD is bade with a 3 pips spread. Another problem with Arab Financial Brokers is the lack of the comfortable funds transfer options — the only one supported is the bank wire transfer.
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