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THE third Middle East Forex Trading Expo hosted by the Arabcom Group is to be held on April 23-24 at Crowne Plaza Hotel, Bahrain. Entrance to the expo and conference is free.
It is estimated that $3.4 trillion of foreign exchange activity takes place every day. For traders, forex (foreign exchange)_trading provides an alternative to stock market trading.
While there are thousands of stocks to choose from, there are only a few major currencies to trade.
Forex trading also provides a lot more leverage than stock trading, and the minimum investment to get started is a lot lower.
Add to that the ability to choose flexible trading hours (forex trading goes on 24 hours a day) and you have the reason why so many stock traders have flocked to day trade currencies.
Forex trading over the internet is a very simple two-step process - opening an account with a forex broker online and start trading. Simply enter the number of lots and then click on the bid (buy) or offer (sell) for the currency pair you wish to trade - your deal is automatically executed.
The forex trading software automatically calculates the initial margin requirement based upon the notional amount of the deal, and if sufficient funds are available in your account, will accept the transaction.
Deals are confirmed online, normally within one second, and the system instantaneously updates both your open position and calculates your current P&L.
'Live clients' may trade over the telephone with the forex trading desk 24 hours a day.
The Arabcom Group has established a robust reputation of excellence, commitment to its customers and it carries this goodwill forward to host the 3rd Middle East Forex Trading Expo after its success in the first and second expos held in Dubai and Abu Dhabi respectively.
With more than 800 visitors already registered online, Arabcom Group expects a turnover of more than 2,000 visitors attending this expo.
"The third Middle East Forex Trading Expo comes in with a sole objective of informing and educating the individual and institutional investors and traders of Middle East region on the benefits of safe investments in the forex trade market and providing a platform wherein the investors and the traders involved in the forex trade would be able to exchange views and opinions on the various spectrum of financial investments," said Katia Tayar, president and founder of Arabcom Group.
The expo focuses on imparting information through workshops, seminars and brings in speakers of high repute and expertise in the forex market to impart their insights on the forex trading its benefits and ways of enhancing market trading efficiency such as technical analysis and understanding the volatility of the market.
It has already seen immense response and participation from forex companies round the globe.
The event will be joining also by Online Trading Academy (US/UAE) as the Official Trader Education and Trader's Journal (Singapore) as the official trading magazine. Exhibitors who are eager to display their products and services, such as Interbank FX (US), IFX Markets (US), MIG Investments (Switzerland), WSD Financial (New Zealand), ODL Securities (UK), FXDD (US), Windsor Brokers (Cyprus), Orion Brokers (UAE), Prime 4X (Egypt), Hybrid Solutions (Jordan), Borsa.net (Saudi Arabia), Arab Financial Brokers (Kuwait) and Money Expert Company (Saudi Arabia).
During the two-day conference forex experts and famous speakers will be conducting their presentations.
Those taking part include Boris Schlossberg, senior currency strategist of FXCM US; Adam Kaye, centre manager of Online Trading Academy Dubai; Joseph Trevisani, chief market analyst of FX Solutions US; Richard Morrish, head of research of MIG Investments Switzerland; Betsy S Waters, global sales manager of dbFX US; Wahb Ahmed, manager-Middle East, Private Trading of Saxo Bank UK; and the only Arabic presentation on the conference will be conducted by Jad Daher, regional sales manager of FXCM US.
Everyone is welcome to visit and participate at the expo and conference - whether you are chief executive officer and managing director of banks, financial institutions, investment companies, professionals, executives from the finance market, brokers, active traders or beginners - or just someone interested in learning online forex trading.
For further information about the event, visit www.meforexexpo.com
