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.
Tags: Forex broker, MetaTrader, Muslim
December 8th, 2008 at 12:23 pm
will take a look. Minimum deposit is too high though… Hope they have demo account at least!
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December 18th, 2008 at 2:53 pm
well i am italian live in kuwait and i have a real account with them since 8 monthes i am happy with them they are good company they have 24 hours customer care support
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December 18th, 2008 at 2:57 pm
but as i know the spread on the eur aud and jpy is 2 pip
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October 24th, 2009 at 10:05 pm
i am working with AFB since last 9 months to sofar and i am very happy with this company. their customer support is very good they. they are very good people and great wellwisher to their customers. in the future this company will be a very big company globally.
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