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Thursday, March 31, 2016

Online Forex Trading Market

Forex (Foreign Exchange) is one of the biggest traded markets in the World. It is the most liquid financial market with the daily volume of more than US $ 5 trillion. Foreign Exchange is the simultaneous exchange of one currency for another between two parties at an agreed rate. More precise, the process involves buying and selling world currencies taking the profit from the exchange.

Forex trading can yield high profits, but it is really risky. Anyone can take part in Forex trading through a number of Forex brokers in Dubai, United Arab Emirates. Orient Financial Brokers (OFB), established in January, 1994 is licensed and regulated by Central Bank of the UAE, to conduct brokerage in Foreign Exchange, Commodities and Money Markets in the Middle East
One of the major advantages that online forex brokers provide you is to trade all major foreign exchange currency pairs 24 hours a day. This type of normal forex trading is referred as spot FX trading. The word spot trading refers to be the immediate delivery of the currency; but the settlement is completed within 2 business days after the trade execution to cover all paper work and transactions.

Since its beginning, OFB has continued to grow through its focus on customer service, effectiveness and best practices. In keeping with the changing face of technology, OFB is proud to bring to its customers a state of the art internet trading platform. Our award winning trading software gives OFB’s customers an opportunity to trade over 2,000 financial instruments like Share and StockIndex CFDs from all major financial markets of the world, as well as major global currencies, major crosses and precious metals.


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