Who trades?
Basically, there exist two parties to a deal of online forex: you being the trader as well as the maker of the market just like easy-forex. A market maker is a firm that stands by with a stable task and then starts bidding price on a particular currency. This precisely makes the market to trade for the traders.
When to trade?
Since forex is an actually international market, you can trade five days a week, for 24 hours. When a region’s market day comes to an end, then the next region’s market day starts. Mobile technology basically means you can trade on the tablet or mobile phone wherever you are. This is up to you.
If we talk about the MMA Dubai based forex trading company, there have been uncountable issues about it.
In a story that began last year, and made big news more than six months ago, Dubai based MMA Forex’s investors have started to get out of control ever since the broker completely rejected to pay the deposits back. MMA Forex is owned by Malik Noureed Awan and this forex offered services of online forex trading and managed accounts, and also claimed to be handling about $20B in volume every month. The online broker is MMA Group businesses’ part which involves interests in heavy machinery, airlines, as well as advertising. The investors are incapable to withdraw funds and sadly the firm is being exposed as a fraud. This has been leading to the broker’s investigation by the local police as well as the Awan detention by authorities.
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