Online Forex Broker Tadawul FX Launches New Currency Pairs and Lowers Spreads

LIMASSOL, Cyprus, May 3, 2011 /PRNewswire/ -- Tadawul FX Ltd, a leading European online forex broker, today announced the launch of several new currency pairs as well as the tightening of spreads on some of its existing forex currency pairs. These new developments are now available with immediate effect, further to customer feedback and requests. Tadawul FX is well known for its commitment to offering low and fixed spreads under all market conditions and with no additional charges and continues to show its dedication to superior customer service by addressing traders' needs and implementing their requests on an ongoing basis.

Online forex broker Tadawul FX is a European licensed and regulated forex and commodities broker, known for offering first-class client support service as well as innovative investment products. Differentiating itself from other FX brokers through fair and ethical trading conditions and a strong Islamic forex product offering, Tadawul FX has been growing its business steadily and was recently named one of the World Finance Top 100.

Continuing its efforts in the constant introduction of new benefits and services for clients, which helped it secure this award, Tadawul FX has now announced the launch of several new currency pairs, as well as the lowering of spreads on some of its existing ones, in response to customer feedback and requests.

Sergei Dehtiarov, Treasury Manager at Tadawul FX says, 'We are always keen to expand our portfolio of currency pairs in response to demand from our clients and these latest pairs with New Zealand dollar, Mexican Peso and also Gold allow our clients to take advantage of market movements and opportunities whenever they arise. The fact that we also offer fixed spreads gives our clients security as they know they will not have any unexpected costs through spread widening during volatile market conditions."

Some of the new forex pairs available include NZDCAD, GBPNZD, USDMXN, USDZAR, USDDKK and XAUEUR. All currency pairs and precious metals offered by Tadawul FX have competitive and fixed spreads 24 hours a day, under all market conditions. The new cross currency pairs are no exception, and are available for Tadawul FX mini, standard and premium accounts.

When questioned about the necessity and value of responding to customer feedback in this way, CEO Stavros Yiannakou is adamant that this has always been and remains the focus for Tadawul FX. "In the highly competitive forex market, we understand what makes our customers loyal to us. Whilst we offer competitive fixed spreads and excellent conditions for trading, accommodating many types of professional traders, our clients appreciate the fact that with Tadawul FX, they are listened to. We are open to their suggestions, frequently try to implement their ideas and we will continue to keep introducing more services, products and features to enable better trading, always in line with our values."

About Tadawul FX:

Tadawul FX, also known as TDFX, is an online forex broker ( http://www.tadawulfx.com/). 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).

(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.)

For more information, visit http://www.tadawulfx.com or contact Tadawul FX at support@tadawulfx.com or marketing@tadawulfx.com

Telephone: +357-25-200-920 or +357-25200900