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Tadawul FX — Forex Broker

Advantages

  • Islamic Forex broker.
  • MetaTrader4 Forex broker.
  • Registered with very serious regulation authorities.

Disadvantages:

  • No important disadvantages.

  See Tadawul FX reviews

4.7/10 (244 votes)
Company Tadawul FX Ltd.
On-line since 2006
Country Switzerland
Payment options PayPal, Moneybookers, credit cards and bank wire
Minimum account size $500
Minimum position size 0.05 lot
Leverage from 1:1 to 1:500
Categories
Spread 1-3 pips on EUR/USD
Regulation

Regulated by CySEC (license number 103/09); UK FSA registration #516667; German BAFIN registration #123252.

Click here to open an account with Tadawul FX

Reviews 

20 reviews of Tadawul FX are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

  Raymond1778 from Germany.
Monday, November 21, 2011

I’ve done lots of research on Tadawul fx before I opened an account with them, and only seem to come across good posts. There is hardly anything negative on this broker, which is rare in my experience. Its been over 2 months of trading and so far, so good. They seem very decent and their service and customer support is actually very good. I would recomend them to other traders for sure.

  Nigel from Germany.
Tuesday, June 21, 2011

The company is one of the best and I would recommend to use it for all types of orders. They have efficient customer service, execution without requotes and fast deposits and withdrawals. Im satisfied with their service so far and I made decent profit.

thanks.

  Stephano from Bulgaria.
Tuesday, June 14, 2011

I had big problem with this broker. In march when the Yen made big run on intervention they disconnected me from MT4. I only had small account but they are not a good firm.

thanks

Stephano

  Khalid from Saudi Arabia.
Thursday, March 17, 2011

They trade against u,, totally scam,, and i m not a new trader, i m trading since 8 years...and i understand very well about platforms and brokers... go for any broker but not tadawulfx..

  Mike from Canada.
Monday, January 31, 2011

WARNING! WARNING! WARNING! WARNING! WARNING!

they are scammers and just look at your charts and find out

Tadawul fx playing a rotten game and I have to send out a warning. I have accounts with FXDD Malta, GallantFX, Alpari us, GFT UK and FXCM when news are coming i`m getting a lot of disconnects , the platform is freezing only with Tadawul fx ,this is a big problem because as you all know we need fast actions.

I have an account with tadawul for a bout 5 months and have had two problem with them

1-I had a buy pending order on eur usd the price went 10 pip after my pending order and did not hit it !!!! 5 minutes later the price flay 150 pips up I most say this most be my pips.

2-one sale order been open , I never ever open it my ea never open it ,how I know because my robot is been set up to take profit and stop loss and this sale order been open with out stop loss and take profit .

I email them and answer my email with rejection they said that my ea opened the order .

I been testing the robot on 5 different demo account and never had this problem with any one else but tadawulfx.

so they try all they can to keep you away from making money.

  Jamie from UK.
Friday, November 19, 2010

I am surprised to see bad reviews about TDFX. They still have high leverage 1:500, no slippage (in my experience), customer support is good and fast deposits and withdrawals.

What more do you want? Overall they suit me so I would recommend them.

  Talos from Malaysia.
Thursday, August 26, 2010

I have live account on TadawulFX and FXCM.

Tadawul Fx giving too many requote especially when we are winning,but no requote when we are losing.

really not suitable for scalper.For medium/long term position,seldom requote but winning trade are being processed slowly,usually losing some pips(3-10 pips).Beware....

  Don W from Canada.
Monday, July 19, 2010

There are way to many requotes. I had been trading with Dukascopy for a couple years and did not have one requote in the whole time I traded with them. Tadawul gives 5 or 10 requates per session, which I find very frustrating and costly. I would be cautious if you are day trading

  Syazlan Osman from London, UK.
Sunday, June 27, 2010

Generally, I consider TDFX to be a good broker. The spread are at par with other broker and since I am using EA, I personally do not see much slippage or issues with the broker. The only downside is the charges for deposit and withdrawal using paypal. I know that TDFX did not charge for deposit and withdrawal, but I feel that TDFX need to do something to reduce the charges, i.e. probably by direct debiting debit card (without the need for paypal). For your information I was charged 2.5% for the transaction, for GBP 1000 approx GBP25, way too much. Hope TDFX could do something on this fast. The deposit and withdrawal are fast by the way, it is just that the charges is a bit too much.

  TAdafun from BUlgarian.
Sunday, March 28, 2010

I have a live account, UNfortunately the latest meta update 226, was not succesful as ath AVG viruscan found infected tehi terminal.exe file

  Cornelius A. A. from Nigeria.
Thursday, January 7, 2010

I think Tadawulfx is real, at least with their pivot point review.

  gorila from japan.
Saturday, December 5, 2009

This company need 10 days over for withdral.

1 month ago, very fast. However, need long time.

What happen ?

  Galore from London UK.
Sunday, September 6, 2009

Tadawul Fx is so far the best broker. I have seen the post from Nigeria. What i should say is that they should get a better internet in Nigeria. From the UK the spead is one of the best with TDFX. Since the speed is excelent i do not get requotes.

Thank you

H

  Agama from abuja,Nigeria.
Thursday, August 27, 2009

with expensive spreads for GBP/USD and EUR/USD the are not the best for me.the forex market is becoming flexible.

Frequent requote no no way for TADA

  Nelson from Nigeria from Nigeria.
Thursday, August 13, 2009

I have a live account with Tadawul and it actually blows both ways. Customer support is fair enough. Depositing of funds is preety easy and straight forward. I however had issues trying to withdraw funds. No dealing desk, no requotes, not exactly correct. The explanation was that when the market is volatile, then requotes are almost inevitable. Is this true? Overall, I give them a SIX.

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