[June 09, 2011] Tadawul FX Receives Excellence Awards at 2011 IBTimes Trading Awards Tweet Jun 09, 2011 (Close-Up Media via COMTEX) -- Online forex broker Tadawul FX announced that it has been awarded two awards by the global news company, International Business Times (IBTimes.com) at the 2011 IBTimes Trading Awards in New York. Selected from a pool of 140 brokers, the Company said it received an Excellence award for Islamic Forex broker for its client satisfaction with its swap free Islamic forex trading accounts, and also Excellence award for Forex Broker Middle East - a further testament to its growing strength and popularity in the region. According to a release, offering multilingual client support, Tadawul FX has been experiencing growth on a global scale including in the Middle East, where its favorable Islamic trading conditions are actively sought by Islamic traders, and its reputation as a top broker for Islamic accounts is already well established. Those traders, who must trade in accordance with their Muslim beliefs, face certain restrictions when it comes to overnight swaps and the overall management of Islamic accounts. Tadawul FX has always provided them with the most competitive Islamic accounts and trading conditions available in the market, as well as multilingual service to meet their requirements. Unlike many accounts provided by other brokers which claim to be 'Islamic', Tadawul FX accounts are truly swap free and do not have any additional charges applied via commissions or hidden fees. Unlike many of its competitors Tadawul FX also does not widen spreads on Islamic Accounts, so customers get to enjoy the same trading environment and conditions offered to non-Islamic clients. "At Tadawul FX we believe it is unethical to disguise swap fees and this does not respect the Islamic faith. When we set out to provide Islamic accounts, we decided that they must be done in a way that absolutely adheres to these principles, or else there was little point in providing them," explains Thomas Papantoniou, Sales Manager and Partner at Tadawul FX. "We always try to understand what our traders want from us, and we know they want a broker they can trust, who employs ethical practices, and does not take advantage of situations like this to mislead clients." Stavros Yiannakou, CEO and Partner of Tadawul FX, said, "It is an honor for us to receive these awards as they are voted for by traders. This means that it is our clients who have chosen to vote for us and this shows that they value Tadawul FX, what we stand for and what we offer to our traders." The awards are voted for by traders in more than 82 countries and place great importance on customer satisfaction and service levels as important voting parameters. Tadawul FX noted that it continues to invest in new services and tools to assist traders. One of the features which live account holders already enjoy is free signals which are sent directly to the trading platform several times a day, alerting them to trading opportunities as they arise in the market on forex, gold and crude oil. There are also technical analysis updates available via email, to allow clients to better understand movements and keep up to date with economic and financial news. Yiannakou said, "At Tadawul FX, we will continue to grow our services and product portfolio for our traders, whilst remaining focused on our client support and excellent trading conditions, and we hope to continue getting recognition for our achievements and efforts in this respect." The 2011 IBTimes Trading Awards identify the best financial service providers globally. Tadawul FX, also known as TDFX, is an online forex broker . More information: www.ibtimesawards.com www.tadawulfx.com ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]