US traders Free education Personal manager Trading by telephone MAM accounts Segregated accounts Managed accounts Islamic accounts available| 3.5/10 (295 votes) | |
|---|---|
| Company | Tadawul FX Ltd. |
| Founded and online since | 2006 |
| Offices in | Cyprus Hungary |
| Payment options | Credit/debit cards Moneybookers PayPal Wire transfer |
| Demo platforms |
|
| Account currencies | Euro Great Britain pound Japanese yen Swiss franc United States dollar |
| Regulated by | BaFin, 123252 CySEC, 103/09 FSA (UK), 516667 |
| Website available in | Arabic English French Hungarian Russian |
| Support available in | Show support languagesHide |
| Support methods | Callback Live chat Phone |
| Trading server time zone | CET |
| Conditions for VIP traders | Big traders get better (tighter) spreads. |
| Special notes | Free deposits. Tadawul FX covers all fees on deposits. |
| Minimum account size | $500 | ||||||
|---|---|---|---|---|---|---|---|
| Minimum position size | 0.05 lot | ||||||
| Spread type | Fixed | ||||||
| Spread on EUR/USD, pips | 3 | ||||||
| Scalping | No arbitrage allowed. | ||||||
| Expert advisors | Allowed | ||||||
| Trading instruments |
|
||||||
| Trading platforms | MetaTrader 4 MT4 Web Trader (XOGEE) MT4 Mobile (XOGEE) |
||||||
| Digits after the dot in quotes | 4 | ||||||
| Margin call level | 150% | ||||||
| Stop-out level | 100% | ||||||
| Minimum distance to stop/limit orders, pips | 5 | ||||||
| Number of currency pairs (of which exotic) | 42 (38) |
Hedging Trailing stop Pending orders One-click trading Mobile trading Browser-based platform Automated tradingOpen demo account with Tadawul FX.
Open real account with Tadawul FX.
View contract specifications.
23 reviews of Tadawul FX are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I’ve started trading with this broker about 3 months ago and so far I’m pleased. The account opening and depositing was quick, and my account manager was quite friendly and helpful which is nice for a change. They also have this chart pattern recognition tool that I use and so far I’ve made 240+ pips with it that I’m quite pleased about. I haven’t withdrawn any money yet so will have to update you on that later.
Made research about this company and Saw very good news, I opened an account from 7 month, at start everything was working very well but now this people start to manipulating prices, have high slippag, slowing execution during news, delaying orders and take them at other places.
I advice all New trader and professional traders not to try this company because they will take your money and tell you always about professional work.
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.
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.
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
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..
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.
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.
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....
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
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.
I have a live account, UNfortunately the latest meta update 226, was not succesful as ath AVG viruscan found infected tehi terminal.exe file
I think Tadawulfx is real, at least with their pivot point review.
This company need 10 days over for withdral.
1 month ago, very fast. However, need long time.
What happen ?
To submit your own Forex Broker review for Tadawul FX 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.
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 CAN'T contact Tadawul FX via it. The form below can only be used to post a review of this Broker.
Impressive customer service. Good execution and so far I haven’t had any problems, although ive only traded with them for just over a month.