Arab Financial Brokers

1.0/10
(4 qualified reviews)
Disabled
Out of business
US Traders
  • Affiliate program
  • Islamic accounts available
  • Company Arab Financial Brokers K.S.C.C.
  • Founded in 2005
  • Online since 2008
  • Offices in
    • Kuwait
  • Payment options
    • Skrill
    • Wire transfer
  • Demo platforms
    • MetaTrader 4
  • Account currencies
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Website available in
    Show website languages Hide website languages
  • Support available in
    Show support languages Hide support languages
  • Support methods
    • Email
    • Live chat
    • Phone
  • Trading server time zone GMT+3
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • 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
    • Forex1:1000
    • Gold & silver1:1000
    • Oil1:50
    • Futures1:50
    • Indexes1:50
    • Soft commodities1:50
    • Energies1:50
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4
  • Minimum distance to stop/limit orders, pips 5
  • Number of currency pairs (of which exotic) 54 (26)
  • History
    Show history Hide history
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $2,000
  • Maximum account size $20,000
  • Minimum position size 1 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Trading instruments
    • Forex1:500
    • Gold & silver1:100
    • Oil1:50
    • Futures1:50
    • Indexes1:50
    • Soft commodities1:50
    • Energies1:50
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4
  • Minimum distance to stop/limit orders, pips 5
  • Number of currency pairs (of which exotic) 54 (26)
  • History
    Show history Hide history
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $20,000
  • Maximum account size $250,000
  • Minimum position size 1 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Trading instruments
    • Forex1:200
    • Gold & silver1:100
    • Oil1:50
    • Futures1:100
    • Indexes1:50
    • Soft commodities1:50
    • Energies1:50
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4
  • Minimum distance to stop/limit orders, pips 5
  • Number of currency pairs (of which exotic) 54 (26)
  • History
    Show history Hide history
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $250,000
  • Minimum position size 1 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Trading instruments
    • Forex1:100
    • Gold & silver1:100
    • Oil1:50
    • Futures1:100
    • Indexes1:50
    • Soft commodities1:50
    • Energies1:50
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4
  • Minimum distance to stop/limit orders, pips 5
  • Number of currency pairs (of which exotic) 54 (26)
  • Special notes Personal manager.
  • History
    Show history Hide history

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.

, pakistan.

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.

, Czech Republic.

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?

, Jordan.

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

, Jordan.

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

, Kuwait.

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

, Egypt.

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

, Kuwait.

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

, Kuwait .

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 ?

, INDIA.

best platform for islamic trading

, Kuwait.

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!

, Nigeria.

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)