Online Forex Broker Tadawul FX Ltd Introduces Moneybookers Leading Payment Solution

LIMASSOL, Cyprus, Nov. 3, 2010 /PRNewswire/ -- Online forex broker Tadawul FX today announces the availability of Moneybookers as a new payment solution enabling clients to fund their trading accounts. The implementation of the solution means many more payment options will now be available for clients wishing to deposit funds, including the secure ewallet, credit and debit cards as well as instant banking.

Tadawul FX (also known as TDFX) is pleased to announce the introduction of a new payment services option as from today for its clients. The online forex and commodity trading broker has now integrated Moneybookers popular payment solution into its website account funding options. Clients currently enjoy online deposits to their trading account via PayPal and bank wire transfers, and an additional payment solution such as Moneybookers will provide clients with a greater freedom of choice when making a deposit.  Moneybookers is a very popular service in Europe, Asia and Africa and allows many credit and debit cards as well as instant banking options to become directly and easily available.

Moneybookers already offers payment solutions to over 65,000 merchants worldwide. It supports over 80 payment options, 39 currencies and 16 languages across 200 countries, so their service provides many more clients with the option to choose their favourite method of payment.

On the introduction of the new payment facility, Thomas Papantoniou, Sales Manager and newly-appointed Partner of Tadawul FX Ltd, says, "We are delighted to be able to offer our clients the Moneybookers payment solution, as it is known for being secure, easily accessible by clients from many countries and offers multilingual support. Their ewallet solution currently has 11.5 million users and so this means that new clients who wish to fund their accounts can do so easily and securely with Tadawul FX through their ewallet account if they prefer to do so."

As Tadawul FX continues to expand its horizons and its global clientele increases in countries, the challenges of servicing more markets mean the company is constantly seeking more ways to better meet the demands of their clients.

Stavros Yiannakou, CEO of Tadawul FX Ltd also says, "For us, the priority is to provide our international clients with as many options as they need in order to trade easily with Tadawul FX and enjoy easy access to our services with lowest cost. Installing Moneybookers was a priority for us not least because of the large number of options it allows clients to choose from but also as it helps our clients to keep their transaction fees low. Although Tadawul FX does not charge any fees on deposits, sometimes a client's bank will apply a fee on transfers. With Moneybookers, we are also helping clients to avoid further charges from their banks when funding their trading accounts whether it be via credit, debit card or instant transfer directly from their accounts."

Through Moneybookers, Tadawul FX Ltd will now support payment options for over 200 countries, as its international operations and client base continue to expand.

About Tadawul FX:

Tadawul FX, also known as TDFX, is an online forex broker. TDFX is licensed and regulated by the Cyprus Securities & Exchange Commission (license number 103/09) and is also registered with the UK Financial Services Authority (FSA) with registration number 516667, as well as the German regulators BAFIN (Reg 123252).

For more information, visit www.tadawulfx.com or contact Tadawul FX at [email protected] or telephone: +357 25 200 920.

Contact: Tadawul FX Ltd www.tadawulfx.com  email [email protected] Tel +357-25200900

SOURCE Tadawul FX