Tadawul FX Now Offering Free Trading Signals to All Live Forex Accounts

Jun 14, 2010, 09:03 ET from Tadawul FX

LIMASSOL, Cyprus, June 14 /PRNewswire/ -- EU licensed and regulated online forex and commodity broker Tadawul FX has just announced the introduction of free trading signals and alerts for all live account traders, available with immediate effect.

Traders receive the signals throughout the day, in order to stay informed about important movements in the forex and commodities markets as they happen. This is provided in conjunction with other recently revamped TDFX information services such as their Market News including daily technical levels and the new customisable Economic Calendar which was introduced earlier this month.

Following the introduction of the signals, Live Account Traders now receive these key updates signals for 4 major currency pairs, EURUSD, GBPUSD, USDJPY and USDCHF as well as Gold and Crude Oil. Signals are received on average up to 7 times a day per instrument and arrive directly into the MT4 trading platform. Traders simply visit the 'News' Tab in MT4 in order to view them and can then double click on the alert which interests them in order to view information on the instrument complete with suggestions for buy/sell levels, stop loss and take profit.

Trading Signals of this nature with advanced analysis and advice are key tools for serious traders, as they keep them updated at all times on the market, allowing them to capitalise on opportunities as and when they arise. Having a professional review and opinion on market news also provides many with reassurance for their trading decisions and helps them to understand how to best act under the current market conditions and what they should take into consideration. Many brokers charge an additional fee for providing signals, however Tadawul FX has made this available as a free service to all its live account customers.

Thomas Papantoniou, Executive Director, says: "The decision to provide our signals to live account customers without charge was an easy one for us. At TDFX we believe it is important to encourage our traders' education and development of their analysis and trading skills and to help them to learn the best ways to take advantage of market opportunities. The only way to do this effectively is by following analysis and market updates as they happen. This is also why we chose signals to be received directly in the platform as this enables the trader to take the required action and trading decision on the spot once the signal is read."

Feedback from customers so far has been very positive since the introduction of the service, and the signals are providing traders with real time market information and recommendations which they are finding useful for their trading.

For any queries regarding any of the above new services, please do not hesitate to contact Tadawul FX support. To open a live account with Tadawul FX, traders simply complete the secure online live account application form.

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) (http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=235395) with registration number 516667, as well as the German regulators BAFIN (http://www.bafin.de/cln_161/nn_720494/SharedDocs/Unternehmen/EN/12/32/123252.html?__nnn=true) (Reg 123252). Tadawul FX offers free demo forex accounts as well as live accounts with fixed spreads and flexible leverage along with free signals and daily technical levels via the MetaTrader 4 platform.

For more information, visit www.tadawulfx.com or contact Tadawul FX at support@tadawulfx.com or telephone: +357 25 200 920.