Tadawul Fx Broker-Full Rating Analysis (v.2)
Tadawul Fx Forex Broker General Rating
TADAWUL RATING SUMMARY | ||
MAX | ACHIEVED | |
1.Reliability | 28.00% | 19.88% |
2.Competition | 30.00% | 19.50% |
3.Trading-Options | 26.00% | 25.00% |
4.Technology | 16.00% | 9.50% |
Overall Rating | 100.00% | 73.88% |
Tadawul Fx Analysis Rating
TADAWUL RATING ANALYSIS | ||||
TADAWUL TOTAL RATING | 100.0% | Tadawul FX Broker | ||
Weight Analysis | Factor Analysis | 73.88% | ANALYSIS | |
1. FOREX BROKER CREDIBILITY | 28.00% | FACTOR-1 ANALYSIS | 19.88% | Tadawul FX Reliability Analysis |
1.1 Tadawul Level of Regulation | 12.00% | FSC (BVI)=1.0%, CYSEC=3.0%, CBI=4.0%, ASIC=4.0%, BaFIN=5.0%, FSA (UK)=6.0%, FINMA=8.0% and MiFID=+4.0% | 12.00% | Tadawul FX is regulated by FSA (UK), BaFIN, CySEC = (max) 12.0% |
1.2 Tadawul Headquarters Base | 5.00% | Offshore=0%, Cyprus=2.0%, Ireland, Australia=4.0%, USA, UK, Germany, France, Switzerland=5.0% | 2.00% | Tadawul FX Home Base is in Cyprus =2.0% |
1.3 Tadawul Years in the Market | 4.00% | 0-2 Years=0%, 2-4 Years =1.0%, 5-7 Years=2.0%, 7-10 Years=3.0%, 10+ Years =4.0% | 3.00% | Tadawul FX was found in 2006 7-10 years =3.0% |
1.4 US Traders | 2.00% | Yes=2.0 or No=0 | 0.00% | Tadawul FX doesn't allow US traders =0% |
1.5 Tadawul Web Ratings (Usage for differentiating results) | 5.00% | 2 Ratings: ForexPeaceArmy Rating=2.5%, EarnForex Rating=2.5% | 2.88% | Tadawul FX FPA=3.365 / 5.00 & Earn Forex=4.8 /10 =2,8825% |
2. FOREX BROKER COMPETITION | 30.00% | FACTOR-2 ANALYSIS | 19.50% | Tadawul FX Competition Analysis |
2.1 Tadawul Offering Spread (EUR/USD) | 12.00% | EUR/USD Spread <0.5=12.0%, <0.6=11.0%, <0.70=10.0%, <0.8=9.0%, <0.9=8.0%, <1.0=7.0%, <1.25=6.0%, <1.50=5.0%, <2.0=4.0%, <2.5=3.0%, <3.0=2.0%, <3.5=1.5%, <4.0=1.0%, >4%=0 | 4.00% | Tadawul FX EUR/USD Spread is between 1 and 3 pips, Average Spread=2 pips =4.0% |
2.2 Tadawul Commissions on Trading | 7.00% | No Commissions=7%, Low Commissions=4%, Low to Medium Commissions=3%, Medium Commissions=2%, Medium to High Commissions=1%, High Commissions=0 | 7.00% | No Commissions are charged by Tadawul FX when trading Forex. Commissions only in CFD trading =7.0% |
2.3 Tadawul Commissions on Deposit / Withdrawal | 2.00% | Yes=0 or No=2.0% | 2.00% | No Withdrawal Commissions are charged by Tadawul FX =2.0% |
2.4 Tadawul Maintenance Fees | 2.00% | Yes=0 or No=2.0% | 2.00% | No such Commissions |
2.5 Tadawul Rate of Leverage | 4.00% | 400%+=4.0%, 350%=3.5%, 300%=3.0%, 250%=2.5%, 200%=2.0%, 150%=1.5%, 100%=1.0%, <100%=0% | 2.50% | Max Leverage is between 1/100 and 1/500, Average Leverage is 1/250 = 2.5% |
2.6 Tadawul Customer Service Quality | 3.00% | 24/7=1%, 24/6=0.5%, 24/5=0%, Phone=1.0%. Live Chat=1.0%, Skype=1.0% | 2.00% | Tadawul FX provides 24/5=0%, Phone=1%, Live Chat =1.0% |
3. FOREX BROKER OPTIONS | 26.00% | FACTOR-3 ANALYSIS | 25.00% | Tadawul FX Trading Analysis |
3.1 Tadawul Availbale Forex Currencies | 8.00% | 45+ Currency Pairs=8.0%, 40+ Currency Pairs=7.0%, 35+ Currency Pairs=6.0%, 30+ Currency Pairs=5.0%, 25+ Currency Pairs=4.0%, 20+ Currency Pairs=3.0%, 15+ Currency Pairs=2.0%, 10+ Currency Pairs=1.0%, Less than 10 pairs=0 | 7.00% | Tadawul FX offers 42 Forex Currencies =7.0% |
3.2 Tadawul Other Financials Available | 2.00% | Commodities=1.0%, Energy=1.0%, CFD trading=1.0% | 2.00% | , 10 Commodities=1%, CFDs =1.0% |
3.3 Tadawul Bonus / Rebate Rate | 8.00% | Bonus / Rebate >40%=8.0%, >35%=7.0%, >30%=6.0%, >25%=5.0% >20%=4.0%, >15%=3.0%, >10%=2.0%, >5%=1.0 | 8.00% | Rebate at Tadawul FX is up to 0,8 pips, using an average 2 pips spread, rebates are 40% =8% |
3.4 Scalping Allowance | 1.50% | Yes=1.5% or No=0% | 1.50% | Tadawul FX allows Scalping =1.5% |
3.5 Hedging Availability | 1.50% | Yes=1.5% or No=0% | 1.50% | Yes Tadawul FX allows hedging=1.5% |
3.6 Tadawul Number of Deposit Methods | 2.50% | For each deposit method available=0,5%, max=5 methods | 2.50% | 5+ methods available (Credit Cards, Debit Cards Paypal, Bank Wire, MoneyBookers =2.5% |
3.7 Tadawul Number of Withdrawal Methods | 2.50% | For each withdrawal method available=0,5%, max=5 methods | 2.50% | 5+ methods available (Credit Cards, Debit Cards Paypal, Bank Wire, MoneyBookers =2.5% |
4. FOREX BROKER TECHNOLOGY | 16.00% | FACTOR-4 ANALYSIS | 9.50% | Tadawul FX Technological Analysis |
4.1 Tadawul Available Platforms | 5.00% | Each Supported Platform=1%, max=5 | 1.00% | Only MetaTrader4 platform is available at Tadawul FX =1.0% |
4.2 API Trading Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes, API trading is available at Tadawul FX =1.0% |
4.3 Automated Trading (Expert Advisors) | 2.00% | Yes=2.0 or No=0 | 2.00% | Tadawul FX allows signals from Expert Advisors =2.0% |
4.4 Tadawul Mobile Devices Support | 2.00% | Each Supported Device=0,5% (iPhone, iPad, Android, Windows Mobile, Blackberry), max=4 | 2.00% | Tadawul FX provides applications for iPhone, iPAD, Windows and Android devices =2.0% |
4.5 Tadawul MT4 / MT5 Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes, Tadawul FX offers Metatrader4 =1% |
4.6 Tadawul Level of Innovation | 5.00% | High Innovation=5%, Medium Innovation=2.5% | 2.50% | Medium Innovation (offering many Forex currencies, variety of Stocks & Indices, MT4 platform for all mobile devices) =2.5% |
Tadawul Fx Full Rating Analysis
Online Forex (2012)