Arab Financial Brokers — Forex Broker

Doesn't accept US tradersUS traders
  • Affiliate program
  • Islamic accounts available

  See Arab Financial Brokers reviews

1.0/10 (4 qualified reviews)
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Company Arab Financial Brokers K.S.C.C.
Founded in 2005
Online since 2008
Offices in Kuwait
Payment options Skrill (Moneybookers)
Wire transfer
Demo platforms
  • MetaTrader 4
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

Account Types

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 trading

  Open demo account with Arab Financial Brokers.

  Open real account with Arab Financial Brokers.

View contract specifications.

Reviews 

11 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.

  uzzair from pakistan. Trading account #7XXXX0
Tuesday, April 29, 2014

Accounts are blocked but do not worry they are opened very soon.my clients also have 6.5 million dollar amount in the trading with AFB

AFB is changing the Liquidity providers and start the working in next fifteen days.

  Novak from Czech Republic. Trading account #4XX2
Friday, March 28, 2014

The platform of AFB does not work from the 26.3.2014 and says the account is not valid. There is no connection with the broker, e-mails and phone calls are not responded, the life chat does not work. Please can somebody tell me, what is happening?

  mohammad from Jordan. Trading account #7XXX6
Friday, January 17, 2014

This so called Khaled El Rached Chairman of the board of directors in the company decided to prohibit clients from withdrawing their funds. This started a while back with my clients from Malaysia and now from Syria and Jordan. They ruined all their reputation because of one employee! I closed my IB account at the company

  Wafiq Al-Salman from Jordan. Trading account #7XX7
Friday, June 21, 2013

They R Bunch of Thugs, DUMB IDIOT Crashed the System to Ripped off my Equity, Crook Asses

  Osama Mohammed from Kuwait.
Wednesday, June 5, 2013

I have been dealing with AFB since long time and i highly recommend this company's services from A-Z .

  Mohamed Ashraf Refaat from Egypt. Trading account #3XX9
Tuesday, January 8, 2013

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

  Mohamed from Kuwait. Trading account #9XX8
Monday, March 5, 2012

Very bad floating spread, re quote, re quote, re quote... many times

  Mohammad al mariri from Kuwait .
Wednesday, November 2, 2011

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 ?

  Syed Ali from INDIA.
Tuesday, January 11, 2011

best platform for islamic trading

  mohammad tuwaijri from Kuwait.
Tuesday, October 19, 2010

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!

  Aliyu Musa from Nigeria.
Saturday, September 12, 2009

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)

Visit Arab Financial Brokers website. 

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