2011 IBTimes Trading Awards Released - Tadawul FX wins Top FX Awards
Global news leader International Business Times (IBTimes.com) announced the results of the 2011 IBTimes Trading Awards in New York City on May 31, 2011.
Tadawul FX, a European Forex Broker, won 2 awards: Middle East Broker - Excellence Award and Islamic Forex Broker - Excellence Award.
This year, a total of 30 retail FX broker firms were honored from a pool of 140 brokers nominated by 6,400 traders in 82 countries in 6 languages. The IBTimes Trading Awards offer the most comprehensive quantitative and qualitative annual award available for the fast growing retail Forex markets.
The survey was conducted over 6 months from September 2010 and March 2011. All voting was carried out electronically via a secure, dedicated data collection website.
The IBTimes Trading Awards fall into two major sections, one that recognizes brokers through quantitative measures (or relative market shares) and one through qualitative rankings (or client satisfaction) at the continent and country level.
Stavros Yiannakou, CEO and Partner of Tadawul FX, commented: As we continue to grow our portfolio of services and investment products, at Tadawul FX we now have traders in over 142 countries who choose our superior client support and excellent trading conditions including fixed spreads. We are honoured to be recognized by the IB Times Trading Awards as these awards are voted for by traders, so this recognition shows that our efforts and continuous improvements are appreciated and valued by our clients. We will continue to focus on providing premier support and innovation and hope to receive more of this type of recognition in the future.
The full results for the 2011 IBTimes Trading Awards can be viewed at the official awards website: www.ibtimesawards.com
About the IBTimes Trading Awards
The 2011 IBTimes Trading Awards identify the best financial service providers globally. The awards recognize excellence in the quality of the services they offer to traders and investors.
From 2010, readers of The International Business Times have been invited to vote on a range of attributes of the providers they use. The winners in each category are selected based on the votes and a judging panel of industry experts and independent research groups.
The IBTimes Trading Awards builds on the successes of last year's Awards, the 2010 FX Traders' Choice Awards. They were awarded based on the votes of IBTimes' readers collated by Forex DataSource, a Forex market research firm. The goal of the FX Traders' Choice Awards was to empower traders with reliable information and help them select reputable brokers, as traders decided the winners.
This year, the 2011 IBTimes Trading Awards continues to give public recognition to those brokers and financial service providers while increasing the scope of the awards to cover all major asset classes including Funds, ETFs, Stocks, Futures and Options. The awards also reflect The International Business Times' global identity and include votes on financial service providers from around the world that provide services in multiple languages.
About Tadawul FX
Tadawul FX is a Swiss founded online forex and CFDs trading company that is licensed and regulated by the Cyprus Securities and Exchange Commission (license No.CIF 103/09), the regulatory authority for the financial services industry in Cyprus. Under CySEC, Tadawul FX abides by and complies with all regulations set by the Markets in Financial Instruments Directive (MiFID), in the European Union and its transposition in Cyprus with the Investment Services and Activities and Regulated markets law.
Tadawul FX offers a variety of trading instruments including currency trading, gold, silver, oil, gas and CFDs via its MetaTrader4 platform. It was one of the first firms to offer Islamic Trading Accounts, and now caters to a global client base, from small novice traders to institutional clients. Tadawul FX offers fixed spreads on all forex instruments, has customizable accounts, flexible leverage of up to 1:500 and welcomes all strategies including hedging. The company prides itself on quality, honesty and transparency. It places great emphasis on client satisfaction, offers 24 hour client support and has high customer retention.
Tadawul FX has strong relationships with top tier banks and financial institutions and traders can be assured of safety and security of working with an established and reputable firm. All retail clients' funds are held in segregated accounts and are additionally secured through an Investor Compensation Fund.
For further information: www.tadawulfx.com, tel: +357 25 200 920; email: firstname.lastname@example.org