Trading in the UAE

For UAE investors, trading with CDF’s, FX and Binary options are a tax-free method of investing that offers quick results. With these methods of short-term investing, investors can profit in minutes rather than months or years. Here’s a brief definition for each.

1. CFD– A CFD, or ‘Contract For Difference’, is a popular form of derivatives trading, which enables investors to speculate on the price movements of fast-moving global markets- such as Forex, Shares, Indices and Commodities. The investor never takes ownership of assets they are trading with, rather they are speculating on the underlying asset.

2. FX– Forex trading is the trading of one currency for another. It is the worlds most traded financial market, with over $5 trillion traded daily

3. Islamic Accounts– An Islamic trading account (Also known as a ‘Swap-free’ account) is one that adheres to the laws of Islam under the Quran and Sunnah. As Sharia law forbids the accumulation of interest, investors that trade with an Islamic account do not pay or receive interest.