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.
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.
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?
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
They R Bunch of Thugs, DUMB IDIOT Crashed the System to Ripped off my Equity, Crook Asses
I have been dealing with AFB since long time and i highly recommend this company's services from A-Z .
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)