How to start a Forex Trading Company in Dubai

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How to a Start
Forex Trading Company in Dubai
Get a Consultation today!
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How to a Start Forex Trading Company in Dubai
SHURAA INDIA

• To start a forex trading company in Dubai, the
  stock market is said to be one of the most
  dynamic and active industries. With people
  trading in various sectors around the world, it
  is the largest market in the world in terms of
  the daily trading volume.
• Amongst many regions, Dubai stands out
  particularly due to its relatively well-
  developed financial system and a
  business-friendly environment.
• You can establish your forex trading company
  Setup in Dubai in the DIFC (Dubai International
  Financial Centre) which is a free zone or choose
  to set up one in the mainland region.

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How to Set Up a Forex Trading Company in Dubai
If you wish to enter a thriving forex trading
industry but dont know how to begin, the
following steps will guide you to start your
forex trading company in Dubai.
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1. Analyse The Market
Many people overlook this step and do not
analyze the market in-depth. Before taking any
step, it is necessary to know the pros, cons,
and risks involved in the forex trading
business. Today, the digital revolution has made
everything easier than ever before. If you do
your research and connect with the right forex
broker online, they will help you understand all
the aspects of forex trading.
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2. What are Your Needs?
The amount of experience you hold in this field
will determine your needs. If you already have
prior experience in the stock market, you may go
for more advanced platforms like the Kite by
Zerodha. If you are a beginner, it will be
better for you to stick to a broker that offers
a simple trading platform, educational material,
and constant support. Evaluating your needs is a
must before you set up a forex trading company!
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3. Select a Broker
Before you select a broker, you must carefully
consider a few elements. One of the most
important being whether the broker is legally
regulated by a government agency. Moreover,
enquire whether the broker functions as a market
maker or uses an electronic communication
network. Other elements to consider include the
leverage offered by the broker, margin, narrow
dealing spreads, trading platform offered, demo
account, educational resources, and customer
service.
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4. Get Your Forex Trading License
The next step is to solicit the license for
opening your forex trading company from the DFSA
(Dubai Financial Service Authority). It has an
independent legal procedure and it duly monitors
the international equities, exchange, trading
of commodities, etc. in UAE. Remember, that you
will get the license to run your forex trading
company, only if you pass the credibility test
conducted by the DFSA.
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5. Open a Trading Account
Now, you can begin forex trading with your
live-funded account. Formulate a thorough
easy-to-implement trading plan and make sure to
stick to it throughout your trading tenure. Its
recommended to hire local business consultants
to start your forex trading company as they
offer valuable insights to help you understand
the market, acquire the business license, and
set up your forex trading company in the UAE.
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Benefits of Starting a Forex Trading Company in
Dubai

• Just like many other business sectors, forex
  trading is also very profitable in Dubai. Listed
  below are the major benefits of starting a forex
  trading company in Dubai
• One of the major benefits of forex trading is
  that you can do it from anywhere, at any time
  without putting in excessive effort and earn
  great profits. An electronic device like a
  computer or a smartphone with a good internet
  connection is all you need to start trading.
  With the minimal risk involved, high liquidity,
  and low transaction cost, forex trading is easily
  manageable.
• With a rapidly evolving economy, Dubai attracts a
  lot of young entrepreneurs from around the
  world. The UAE provides a zero percent (almost)
  tax policy to its investors. This empowers you
  to earn extra revenue and makes it a good
  decision to establish your trading company.
• In Dubai, it is easy to set up your forex trading
  company. Mostly, people are skeptical about
  investing in the exchange market but being
  secured and regulated by DFSA (Dubai Financial
  Service Authority) empowers the investors to
  trade in foreign exchange.

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Connect With Shuraa India
Collaborate with Shuraa Business Setup to obtain
your forex trading license in Dubai. Our team
will happily assist you in launching your forex
trading company setup in Dubai. Also, our legal
advisers provide insightful information to
clients and help them throughout the whole
procedure related to paperwork, documentation,
rental space, and more.
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OUR STORY
SHURAA THE PIONEERS OF BUSINESS SETUP SERVICES
IN THE UAE Shuraa Business Setup was founded by
Mr Saeed Khalifa Mohammed Al Fuquei in the year
2001. The organization was initiated with an
agenda to help individuals start a business in
Dubai or any other emirates. For the past 20
years, we have registered over 35,000 companies
in the UAE.Shuraa Business Setup helps with
crucial paperwork and other governmental
permissions which is important while setting up a
business in Dubai. We share years of
acquaintance with the government officials and
regulatory authorities, that makes business
setup easier.
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MAILING ADDRESS
108, Square One, Saket New Delhi - 110017
REACH OUT
EMAIL ADDRESS info_at_shuraa.in
PHONE NUMBER 91-8010990022