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• HOW TO START FOREX TRADING WITHOUT INVESTMENT LICENSE

The biggest benefit of forex trading in Dubai is that you can do it anytime and from anywhere you want. You can easily start a forex trading company and perform your business activities legally in Dubai. The market cannot be manipulated even by the big players, unlike the stock market which is easily influenced.Īnd since the forex industry in Dubai is well regulated by the authorities, it is a very secure business sector. Here are the benefits of forex trading in Dubai:įirst and foremost, due to the size and high liquidity of the forex market, it is one of the most stable sectors in the business world. The forex industry has a daily turnover of approximately 6.6 trillion dollars, making it one of the biggest industries you can do business in.Īs we will see, the size of the forex industry gives it some unique benefits that no other industry can replicate.

This is because the forex industry is very unique and big. The forex industry has a few benefits that no other business sector can offer. What are the Benefits of Forex Trading in Dubai? The forex market can be cruel to inexperienced and under-educated players. Remember to devise a strong trading plan and stick to it.

HOW TO START FOREX TRADING WITHOUT INVESTMENT LICENSE

The DFSC will run a company check to ensure that you are capable enough to run a forex trading company in Dubai.Īfter you have obtained the forex trading license from the DFSA, you can start forex trading in Dubai. The DFSA monitors all the financial trading activities in the country.

So, use the demo account to check whether the broker meets your needs or not.Īfter you have selected a reliable broker, you need to obtain the forex trading license from the Dubai Financial Services Authority.

Most brokers provide a demo account where you can trade without investing any real money. Take your time to research the broker before opening your account with them. The first step is to select a reliable broker that has a legal affiliation with a government agency.