Deutsche Bank to speak on choosing a Forex trading provider at Bahrain expo

Once seen as the preserve of major investment institutions and corporates, the development of online currency trading products, 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 products 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. dbFX's Global Sales Manager, Betsy Waters will be addressing the expo and will help guide FX investors through making the right decision when choosing an FX provider. Waters will also outline some of the features of dbFX.com, 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. Attendees will also be able to trial dbFX.com and speak to dbFX specialists.

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 US$1.7trillion 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. In addition, while FX returns are not guaranteed, returns demonstrate low correlation to bond or equity markets and a lower rate of volatility.

Waters added, "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 believe we will see 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."

Launched in 2006, dbFX.com is available in multiple languages, is accessible in over 70 countries around the world and has 34 currency pairs available to investors on its platform. Deutsche Bank was ranked the No. 1 Foreign Exchange Bank in 2007 by Euromoney magazine for the third year running.