Foreign exchange specialists from dbFX.com will address the Middle East Money Summit, to be held in Dubai on October 30-31 at the Jumeirah Beach Hotel, on how to choose an FX provider.

dbFX.com is one of the leading online retail currency trading platform from Deutsche Bank, the world's number one in foreign exchange trading, will address the Middle East Money Summit, to be held in Dubai on October 30-31 at the Jumeirah Beach Hotel, on how to choose an FX provider.

Once seen as the preserve of major investment institutions and corporates, the development of online currency trading platforms, such as dbFX.com, is increasing the accessibility of FX trading to family offices and private investors in the GCC region.

The growth of FX trading platforms now available on the market has made choosing the right FX provider a complex decision for investors faced with questions about pricing, platform features, margin offering and differing regulatory environments.

Global director of dbFX, Betsy Waters, will be addressing the expo and will map out a decision-making matrix to help guide FX investors through making the right decision when choosing a FX provider.

Delegates who visit the dbFX stand will be able to trial dbFX.com, speak to dbFX specialists and experience dbFX's features which include: being able to trade directly with the FX market's number one price provider; access to Deutsche Bank's research and charts; world class trading execution in all market conditions; live streaming quotes 24 hours a day; 34 currency pairs; margin trading with up to 100:1 leverage and the ability to open an account with as little as $5000.

According to Waters, Middle Eastern investors are perceptibly adopting FX as a new asset class alongside the more traditional assets of equities and bonds.

'FX is being used increasingly by investors in the region to hedge and speculate,' said Waters.

'With over $3.2 trillion traded on the FX markets daily, more than 20 times the daily turnover of the New York Stock Exchange, it's clear that this is a highly liquid market.

'Although the current global market volatility offers potential FX investment opportunities, the very volatility of markets means it's even more important to be with the number one liquidity provider, using real-time prices and execution as well as insightful currency research from the world's leading investment bank in FX.'

Waters said: 'With more and more retail investors in the Middle East entering the FX markets, it's crucial that investors choose the FX provider that suits their trading style.

'dbFX.com is the only international investment bank to offer an Arabic retail FX online service, dbfxarabic.com, which we launched in October 2007 following strong demand from the region for FX trading.

'We are seeing strong growth this year in FX trading in the Middle East and we are now investing in a programme of events and workshops to help educate our clients in the region about how to maximize their potential returns from FX markets.

'Deutsche Bank's number one position in the world for FX trading, combined with our online retail strategy, means we are helping to define the FX market in the Middle East.' - TradeArabia News Service