Gulf Brokers uses the platform voted as the best platform to access the DGCX stock markets and Forex in the MENA region – MetaTrader 5

PRESS RELEASE

Released March 3, 2023

Gulf Brokers MetaTrader 5 has been significantly improved. It has more advanced graphs and analysis tools and more timeframes including 2 minutes and 8 hours. An economic calendar has been added and its email system now allows attachments to be sent and stock trading is now possible.

Dubai, UAE – March 3, 2023 – Persons interested in trading in Dubai must exercise due caution. Just because a firm claims to be a broker doesn’t always mean it is. As the saying goes, “Don’t judge a book by its cover.” There are always potential pitfalls when choosing a broker to trade on one of the world’s largest stock exchanges.

Traders can rest assured that GULF BROKERS is DMCC registered, licensed, regulated and an Authorized Broker based in Dubai, United Arab Emirates (“UAE”). They are a distinguished member of the Dubai Gold and Commodities Exchange (“DGCX”) and offer a wide range of trading instruments including metals, currencies, hydrocarbons and stocks through the online trading system MetaTrader 5.

DGCX recently extended its trading hours by an hour and a half to give market participants a 30-minute window before the derivatives exchanges open in South Asia, allowing them to take positions based on overnight indicators and stay ahead of the momentum curve be.

DGCX is increasingly serving as a bridge between the Far East and European time zones, helping to ensure the smooth running of the global trade cycle, particularly during the gap between the Far East markets closing and the European markets opening. The launch of DGCX was a strategic move by Dubai to not only strengthen the commodities and foreign exchange markets by providing hedging tools that help with risk management, but also to diversify investment opportunities for regional investors.

Following a strategic partnership with Cinnober, DGCX activated its trading platform, the EOS Trader Platform, in March 2013. Greater efficiency and liquidity facilitated by the new platform will support the launch of new DGCX products.

The new platform also gives members the ability to provide various types of collateral, including government bonds and Dubai Gold Receipts, in addition to cash and bank guarantees. The platform also enables new revenue opportunities by allowing DGCX to extend clearinghouse facilities to other exchanges and institutions.

Some features and benefits of trading on DGCX:

• Guaranteed settlement and reduced counterparty risk provided by Dubai Commodities Clearing Corporation (DCCC), a subsidiary wholly owned by DGCX.

• A simple fee structure – one fee for all participants. All participants also pay the same margin, regardless of whether they are commercial or non-commercial companies.

• An opening for both regional and international liquidity pools.

• Robust risk management and monitoring systems.

• Uninterrupted trading hours from 7:00 a.m. – 11:30 p.m. (GMT +4).

• Regulated by the Securities & Commodities Authority (SCA).

The UAE enjoys an ideal location between the European and Far East time zones and DGCX offers a range of products across precious metals, base metals, energy and currencies.

Full information can be found at: https://www.gulfbrokers.ae/en

media contact
Company Name: golf broker
Interlocutor: Media Relations
E-mail: Send e-mail
Phone: +971 42 42 4120
City: Dubai
Country: United Arab Emirates
Website: www.gulfbrokers.ae/en

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