| Unrated | |
|---|---|
| Company | Arab Financial Brokers K.S.C.C. |
| Founded in | 2005 |
| Online since | 2008 |
| Offices in | Kuwait |
| Payment options | Moneybookers Wire transfer |
| Demo platforms |
|
| Account currencies | United States dollar |
| Currency pairs | Show currency pairsHide |
| Website available in | Show website languagesHide |
| Support available in | Show support languagesHide |
| Support methods | Email Live chat Phone |
| Trading server time zone | GMT+3 |
| Minimum account size | $50 |
|---|---|
| Maximum account size | $2,000 |
| Minimum position size | 0.01 lot |
| Spread type | Fixed |
| Spread on EUR/USD, pips | 2 |
| Trading instruments | ShowMinimize |
| Trading platforms | MetaTrader 4 |
| Digits after the dot in quotes | 4 |
| Minimum distance to stop/limit orders, pips | 5 |
| Number of currency pairs (of which exotic) | 54 (26) |
Hedging Trailing stop Pending orders One-click trading Mobile trading Automated tradingOpen demo account with Arab Financial Brokers.
Open real account with Arab Financial Brokers.
View contract specifications.
7 reviews of Arab Financial Brokers are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
Very Bad Company!!
Although the company says that the spreads are fixed all times on the main page On its website and on the Frequently Asked Questions page they said/
(Hedging your position will turn your margin to zero on this pair)
(AFB doesn't increase its spreads in volatile market. offer our clients fixed spread policy).
BUT they change the spreads and they have done this before when I was trading USD/YEN pair and when I asked the customers service they said the margin change ONLY in the pair contain the YEN BUT when I was trading GBP/USD pair they changed the spreads and I lost all my balance and all my hedging closed!!
Because I had hedging positions and I lost all my balance $ 14944
And my balance became / $-39 that’s happened on 31-12-2010
And they said that they announced on their web site
About these increases in spreads that may happen and the customers should visit the website every time to know the changes??
Of Course I did not see any announcements and How they do the policy change without given A Proper NOTICE Period ??
you can check the case details via this link:http://www.forexpeacearmy.com/forex-forum/guilty-verdicts/16868-guilty-case-2011-073-m1refaat-vs-www-afb-com-kw.html
Very bad floating spread, re quote, re quote, re quote... many times
one of the best brokers ever . perfect execution for the trades and very good customer support , no swaps no commission what else do any trader need ?
best platform for islamic trading
minimum account size is only 50 usd ! and they offer micro trading along with tading signals and daily analysis, but they does not accept scalpers!
For now doing my Demo with them ,they are muslim Brokers no Haram charges for now,but the depostion fee is too much they should find some means of making it hundred dollars.
but they are good ,for now(still tryin them)
To submit your own Forex Broker review for Arab Financial Brokers fill the form below. Your review will be checked by a moderator and published on this page.
By submitting a Forex Broker review to EarnForex.com you confirm that you grant us rights to publish and change this review at no cost and without any warranties. Make sure that you are entering a valid email address. A confirmation link will be sent to this email. Reviews posted from a disposable e-mail address (e.g. example@mailinator.com) will not be published. Please submit your normal e-mail address that can be used to contact you.
Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.
Attention! This is NOT a Broker's contact form. You CANNOT contact Arab Financial Brokers via it. The form below can only be used to post a review of this Broker.
US traders
I have been dealing with AFB since long time and i highly recommend this company's services from A-Z .