Tadawul FX Launches Free Forex Demo Accounts With Live Trading Conditions

Jun 21, 2010, 09:03 ET from Tadawul FX

LIMASSOL, Cyprus, June 21 /PRNewswire/ -- Further to the recent announcement of free signals for live trading accounts and the revamp of their market news and economic calendar resources, online forex broker Tadawul FX has now launched its new demo trading accounts, which unlike most demo accounts, enjoy exactly the same trading conditions as their live accounts.

Demo accounts are an important aspect of online forex trading, as they allow traders to familiarise themselves with the financial instruments available with a particular broker and also the trading platform provided before investing actual funds and taking any risks with their own money. A demo account also allows testing of new trading strategies, robots or expert advisors, allows traders to practise and learn to read market news and signals and how to best capitalise on market opportunities, without taking on any costs. Building up experience on a demo platform can also give traders valuable insight into how trading with their chosen broker will be once they start trading with a live account.

TDFX MT4 demo trading accounts are available for free to all traders and provide them with a risk free testing and learning environment, in a proven advanced multilingual trading platform.

Further to the exciting new changes introduced, any traders signing up to the Tadawul FX demo MT4 account now have the option to select all their account parameters on the online application form provided, in very much the same way as the Live Account application allows them to choose their trading conditions and account type requirements. Tadawul FX is one of the first brokers to offer this opportunity to traders, which effectively allows them to experience a perfect simulation of real trading environment with actual market and account conditions, all within the safety of a risk-free demo account.

Traders are able to select their base currency, leverage and account type and once trading in the demo platform, also enjoy the same fixed spreads for their practice trading as they would for a live account with Tadawul FX.  TDFX demo accounts provide an excellent real life learning environment which traders can utilise to develop, test and perfect their trading techniques and risk management strategies.

TDFX is known for placing great emphasis on customer service and this has also been central to the design of the new demo account application process. All traders who complete the registration process are automatically assigned a dedicated personal account manager, who is available to contact at any time for assistance with their demo account. Upon activation of the demo account, the trader immediately receives notification of their account manager's name and direct contact details. The system is also set up to cater for the global client base of Tadawul FX so that the client's location will also be used to determine the most suitable account manager available at the time for their needs and responsible for their region, and in many cases speaking their language.

To open a Demo Account with Tadawul FX, or for any further information, please visit www.tadawulfx.com.

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 support@tadawulfx.com or telephone: +357 25 200 900.