PRZOOM - /newswire/ -
Limassol, Cyprus, 2016/07/25 - industry watchdog “Forex Report” has announced the recipients of its prestigious annual awards. The “Best Broker in the Middle East” goes to Xtrade, the global online trading brokerage - Xtrade.com.
Xtrade, an online trading brokerage established in 2008, has won a prestigious Forex Report Award: Best Broker Middle East, 2016. Forex Report is an online news publication whose editors study, analyze, and rank Forex brokers from dozens of countries. Although Cyprus-based Xtrade has regional offices in 5 continents, it is especially pleased to have earned recognition for its ongoing success in the Middle East, home to millions of knowledgeable Forex traders.
Mark Leigh, Head of Operations at Xtrade, spoke enthusiastically about online trading opportunities in the Middle East: “Traders from the Middle East are among our most discerning traders. The competition here is stiff, with brokerages opening every month. That’s why we focus on customizing the trading experience according to the unique demands of Middle Eastern traders. The winning of this award will open even more doors in the Middle East. We are excited.”
Xtrade (xtrade.com) specializes in the provision of commission-free CFD trading on foreign exchange, commodities, stocks, shares, and national stock indices. The company is regulated by several financial institutions, including the Cyprus Securities and Exchange Commission (CySEC) and the EU’s Markets in Financial Instruments Directive (MiFID).
Recent prominent news items include a prestigious partnership with Real Madrid footballer Cristiano Ronaldo, through whom Xtrade hopes to reach even more traders, and the addition of PayPal to the company’ list of payment methods. PayPal is the most popular online payment method in the world and is known for its simplicity, security, and reliability.