Tadawul FX (TDFX) Discussion | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Tadawul Closing All USA Accounts 10 replies

TDFX - Conditions for Islamic Trading 6 replies

Euro/Dollar discussion 9 replies

Anyone use tdfx broker? 0 replies

TDFX Data Feed 4 replies

Attachments: Tadawul FX (TDFX) Discussion
Exit Attachments

Tadawul FX (TDFX) Discussion

  • #141
  • Sep 30, 2010 8:16am Sep 30, 2010 8:16am
why TDFX is "king of slippage" with most used Zulutrade providers ?
  • #142
  • Oct 1, 2010 2:36am Oct 1, 2010 2:36am
what kind of insurance do you have for money is safe.
i see under 20k there some kind of insurance i guess,but what about 100,000 US and more. I dont want my hard earned money dissapearing and know way to recover it.
  • #143
  • Oct 2, 2010 5:22am Oct 2, 2010 5:22am
Quoting legolass
Hi Kate,

I have suggestion to improve deposits and withdrawals using "Global Debit Card" like what IBFX provide to it clients.



Kind Regards,
Hi Kate,

I have gone through the detailed information you provide on TDFX, seems very competitive.

But I guess would be more competitive if you also offer something similar like IBFX global debit card.

Is there any projects of something similar...?

Another thing, is it possible to deposit via debit card (I think should be a no-fee transaction)..correct me..

Looking forward to hear your reply on both questions..

regards
  • #144
  • Oct 2, 2010 9:55am Oct 2, 2010 9:55am
I spoke to TDFX last week and they said they are looking into making a debit card available for withdrawals.
  • #145
  • Edited 4:23pm Oct 2, 2010 4:16pm | Edited 4:23pm
i read this part in Tadawul Fx site:



Clients who are NOT covered by the Investor Compensation Fund include:

  1. Institutional and professional investors including:

a. Investment firms
b. entities associated with TDFX and, in general, belonging to the same group of companies
c. Banks
d. Cooperative credit institutions
e. Insurance companies
f. Collective investment organisations in transferable securities and their management companies
g. Social insurance institutions and funds
h. Investors characterised by TDFX as professionals

can any body explain me the last type of who are not covered..?

It seems this type is subjective only to TDFX opinion and has no measures...so it is very wide in its translation and any one of us could be it...

quite confusing to me...!! if any understood it, he is welcome to explain.

Thanks.

  • #146
  • Oct 4, 2010 1:49am Oct 4, 2010 1:49am
Quoting duxis
why TDFX is "king of slippage" with most used Zulutrade providers ?
Hi Duxis,

Could you please provide me with more information and the sources of this information as I am not aware of what you are referring to.

Many thanks.
  • #147
  • Oct 4, 2010 4:18am Oct 4, 2010 4:18am
Quoting ahmedfouad77
i read this part in Tadawul Fx site:





Clients who are NOT covered by the Investor Compensation Fund include:

  1. Institutional and professional investors including:

a. Investment firms
b. entities associated with TDFX and, in general, belonging to the same group of companies
c. Banks
d. Cooperative credit institutions
e. Insurance companies
f. Collective investment organisations in transferable securities and their management companies
g. Social insurance institutions...




Dear Ahmedfouad77,

Thank you for your positive feedback, it is much appreciated.

Now to answer your questions:

Yes, it is possible to make a deposit with a debit card or a credit card. All card deposits currently go through the PayPal system and are FREE of charge. It is not necessary to have a PayPal account to make such a deposit, however, for some countries it might be a requirement so it is best to check with PayPal. In the near future, TDFX will also introduce an additional payment method for debit/credit cards payments which I will inform you of in due time. . Lastly, to clarify the matter, Tadawul FX is not currently working on offering “global debit cards” but this might be a possibility in the future.

Regarding your question about the difference between a retail client and a professional client, please read more about the differences here http://bit.ly/aP35HG. Please note that definitions of a “professional client” and “retail client” are composed by various European regulatory bodies and hold the same meaning across all financial firms in the European Union. The definitions are based on very concrete criteria and are not based on subjective interpretation/opinion. Clients are categorized based on the answers in the Live Account Application Form, but should they ever wish to clarify how they have been categorized, or wish to change the category they belong to, they are always welcomed to contact Tadawul FX.

I hope this helps, but if you have any more questions please let me know.

Kind Regards,
  • #148
  • Oct 4, 2010 7:49am Oct 4, 2010 7:49am
Quoting TDFX
Hi Duxis,

Could you please provide me with more information and the sources of this information as I am not aware of what you are referring to.

Many thanks.


no problem


FLY ON THE WALL, 6240 users, the worst broker in term of slippage...drum roll...

1
2.TDFX

http://www.zulutrade.com/TradeHistor...6#tabs-graph-6







"Pro-B5", 3280 users, the worst :

1
2
3
4. TDFX

http://www.zulutrade.com/TradeHistor...3#tabs-graph-6




"MayfairSwing", 2740 users, the worst :

1
2. TDFX

http://www.zulutrade.com/TradeHistor...1#tabs-graph-6




"GBP FUND", 2610 users, the worst :

1
2
3
4. TDFX

http://www.zulutrade.com/TradeHistor...3#tabs-graph-6



"Grey WOLF", 2395 users, the worst :

1
2. TDFX

http://www.zulutrade.com/TradeHistor...2#tabs-graph-6




"PIP EMPORIUM", 2358 users, the worst :

1
2. TDFX

http://www.zulutrade.com/TradeHistor...9#tabs-graph-6




"GOOD ENOUGH", 1905 users, the worst :

1
2
3. TDFX

http://www.zulutrade.com/TradeHistor...0#tabs-graph-6



"BRSTFOREX", 1729 users, the worst :

1
2
3.TDFX

http://www.zulutrade.com/TradeHistor...3#tabs-graph-6




"CURRENCY CHANGERS", 1727 users, the worst :

1.TDFX
http://www.zulutrade.com/TradeHistor...6#tabs-graph-6




"Easyer Done Than Said " , 1602 users, the worst :

1
2. TDFX

http://www.zulutrade.com/TradeHistor...4#tabs-graph-6



"fx2018", 1443 users, the worst :

1
2.TDFX

http://www.zulutrade.com/TradeHistor...7#tabs-graph-6


and so on.....

Notice that it is not an isolated case but a true Slippage AWARD given to Tadawul.
  • #149
  • Oct 4, 2010 8:08am Oct 4, 2010 8:08am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting duxis
no problem


FLY ON THE WALL, 6240 users, the worst broker in term of slippage...drum roll...

1
2.TDFX

http://www.zulutrade.com/TradeHistor...6#tabs-graph-6







"Pro-B5", 3280 users, the worst :

1
2
3
4. TDFX

http://www.zulutrade.com/TradeHistor...3#tabs-graph-6




"MayfairSwing", 2740 users, the worst :

1
2. TDFX

http://www.zulutrade.com/TradeHistor...1#tabs-graph-6




"GBP FUND", 2610 users,...

Well spotted!
  • #150
  • Oct 4, 2010 10:36am Oct 4, 2010 10:36am
Quoting duxis
no problem


FLY ON THE WALL, 6240 users, the worst broker in term of slippage...drum roll...

1
2.TDFX

http://www.zulutrade.com/TradeHistor...6#tabs-graph-6




"GBP FUND", 2610 users,...

Thank you for the examples.

I will have to investigate this matter with the rest of the team and will get back to you shortly.

Kind Regards,
  • #151
  • Oct 4, 2010 11:04am Oct 4, 2010 11:04am
Quoting kauaibobby
what kind of insurance do you have for money is safe.
i see under 20k there some kind of insurance i guess,but what about 100,000 US and more. I dont want my hard earned money dissapearing and know way to recover it.

Hi Kauaibobby,

Tadawul FX is a member of an Investment Compensation Fund which has been set up by the Central Bank of Cyprus and CySEC (our regulator) to secure the claims of all retail clients in the unlikely event that Tadawul FX faces financial difficulties/default/insolvency etc. The maximum compensation per client is EUR 20,000 and you can read more details about the fund and how it works here: http://www.tadawulfx.com/public/about-tdfx/investor-compensation-fund.html.

All clients’ funds are also held in segregated bank accounts from company accounts. In the unlikely event of default, Tadawul FX is not allowed to use clients’ funds to pay off company debts, bills, employees’ salaries or any other liabilities. In accordance with strict regulations, Tadawul FX can only use these funds to pay back its clients. If for some reason there are not enough resources to pay back all clients, Tadawul FX will resume to using the Investment Compensation Fund which is set up as an additional insurance measure. You will find that most (if not all) regulated financial companies in Europe work this way.

Please note that no financial firm, institution or bank is 100% safe proof and all investments carry a degree of risk. Generally speaking, as long as you invest with a regulated and licensed firm that adheres to strict compliance procedures, you should not worry. I always recommend to carry out as much “due diligence” as possible on any company or person you choose to invest with for your own good.

Kind Regards,
  • #152
  • Edited 1:41pm Oct 4, 2010 1:27pm | Edited 1:41pm
Quoting TDFX
Thank you for the examples.

I will have to investigate this matter with the rest of the team

without investigation i know the reason and YOU DO KNOW the reason but I'll wait for your answer.
  • #153
  • Oct 5, 2010 12:47pm Oct 5, 2010 12:47pm
I have been researching brokers for 3 months now and have come to the conclusion that TDFX is the most trusted broker around.
Only problem is that I need a manager for my funds as I don't have time to do it myself.
I have come to the conclusion that your "good" manager is as only as good as your broker.
Through emails to TDFX for good managers and no answers makes me think that FDFX don't want "good managers"
Makes me think!!
  • #154
  • Oct 5, 2010 2:16pm Oct 5, 2010 2:16pm
Quoting diamond_fx


2 sites I would really appreciate if you could bring their signals for your live account customers (I am one of them )

http://www.fxmaster.net/index.html
http://www.atf-forex-trading.com/

I'm a subscriber of fxmaster signals. How can i bring their signals to the live accounts? They send limit orders not market orders.
  • #155
  • Oct 5, 2010 2:21pm Oct 5, 2010 2:21pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
"...come to the conclusion that TDFX is the most trusted broker around."

  • #156
  • Oct 5, 2010 6:48pm Oct 5, 2010 6:48pm
Quoting onu
"...come to the conclusion that TDFX is the most trusted broker around."

I do find it interesting that that poster has 1 post.
I have some seen posts that don't seem to be too pro TDFX.
Is there anyone here who has first hand experience with them?
  • #157
  • Oct 5, 2010 7:23pm Oct 5, 2010 7:23pm
Quoting unknown2u
I do find it interesting that that poster has 1 post.
I have some seen posts that don't seem to be too pro TDFX.
Is there anyone here who has first hand experience with them?
Yep, and guess what I am one of their pleased customer.
Its amazing that people go on forums to ask opinions about a broker, trading system or even a guidance on a trade from funny name strangers they do not know at all.

A little hint for evreybody here on FF TRY IT OUT YOURSELF AND SEE IF THE BROKER, TRADING SYSTEM, OR ANY OTHER ADVICE WORKS FOR YOU. IT'S THAT SIMPLE.
If it does not work for you it is up to you and only you to make a decision to dump whatever you do and make a change.
  • #158
  • Oct 5, 2010 7:29pm Oct 5, 2010 7:29pm
Thx, I appreciate the reply.
I've had a bunch of chats and email exchanges with support and it has been excellent. I'm gonna open a small account and give them a test.
Sure hope they don't cave in to the new rules crap like some of the other brokers.
  • #159
  • Oct 6, 2010 7:01am Oct 6, 2010 7:01am
Quoting Ukkram
I have been researching brokers for 3 months now and have come to the conclusion that TDFX is the most trusted broker around.
Only problem is that I need a manager for my funds as I don't have time to do it myself.
I have come to the conclusion that your "good" manager is as only as good as your broker.
Through emails to TDFX for good managers and no answers makes me think that FDFX don't want "good managers"
Makes me think!!

Dear Ukkram,

Thanks for your feedback

Please let me know how much you would like to invest so I can provide you with relevant information. Also I believe you Account Manager Christian has emailed you several times to request for your phone number to call you to discuss further. Please contact us again by writing to [font=Calibri][size=3][color=#0000ff][email protected][/color][/size][/font], chatting to us on LIVE CHAT, or calling us on +357 25 200 920.

We look forward to hearing from you.

Best Regards
  • #160
  • Oct 6, 2010 7:09am Oct 6, 2010 7:09am
Quoting Pipstrumpf
Yep, and guess what I am one of their pleased customer.
Its amazing that people go on forums to ask opinions about a broker, trading system or even a guidance on a trade from funny name strangers they do not know at all.

A little hint for evreybody here on FF TRY IT OUT YOURSELF AND SEE IF THE BROKER, TRADING SYSTEM, OR ANY OTHER ADVICE WORKS FOR YOU. IT'S THAT SIMPLE.
If it does not work for you it is up to you and only you to make a decision to dump whatever you do and make a change.


Thank you for the positive feedback Pipstrumpf, its much appreciated!
0 traders viewing now