Dubai Tadawul LTD

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Dubai Tadawul LTD operates the site, it claims to be registered in Dubai and its headquarters are located there. According to the information provided, the broker has more than 45 thousand clients and more than 6 years of experience in the market, and its clients have opened more than 74 million transactions on this platform. As for the domain, it was registered only in October 2023. In addition, the project does not have a license. However, the firm informs in its Rules that it is obliged to comply with the FIAU rules on the prevention of criminal money laundering. Finally, the bilingual website supports English and Arabic.

Can you trust the information that this company provides about itself? Will you make a profit here? We will check the legitimacy of the service and conclude whether it is safe to cooperate with it.

Trading Conditions

The broker provides clients with MetaTrader 4 and Sirix currency trading software, claiming that the latter is a new currency valuation platform that has already won awards. Dubai Tadawul offers more than 100 instruments that you can trade once you register an account.

WARNING: You must download the desktop software or go to WebTrader before you can start. However, the terminal was not available at the time of our checking. 

Traders have access to 53 currency pairs for forex on the platform in 24/5 mode, which are traded with leverage up to 1:400. In addition, you can work with 25 pairs of commodities. You can also trade stocks through both on-exchange and over-the-counter markets.

Dubai Tadawul has developed 3 tariff plans, which differ in the size of the minimum deposit. Each subsequent level includes the whole set of services of the previous one, adding new options. You can choose an account from the following options:

  • Micro, $250-$1000 deposit – Dairy market analytics, All trading tools, Video access, Exclusive updates, Dairy recommendations, 24-hour support. (Obviously, there is a typo in the word “Dairy” and you should read “Daily”).
  • Standard, $1,000-$10,000 deposit – VIP support
  • Gold, deposit $10,000-$50,000 – Transactions Hedge

Dubai Tadawul guarantees a low spread and no commissions. In the News section of the site, you will read about what the Economic Calendar and Technical Analysis is all about. On the main page of the site, there is a tracker with information about the state of the world currency market.

FAQ

Would investing in Dubai Tadawul offer the best returns?

It is more likely that you will not be able to make a profit, but on the contrary, you will lose all your capital here. This is CFD trading, which has high risks and an unstable platform.

Does Dubai Tadawul carry out withdrawals?

The broker is unlikely to fulfill its promises on fast withdrawals. Supervisory authorities or the owners themselves can block this site at any time. Traders write about it in their comments, you can also leave a review.

May I be scammed on dxbtadawul.com?

It is possible that the site is run by scammers. This company does not show any registration documents, it does not have a license. This broker is most likely not legitimate.

What's the best way to share my experience with Dubai Tadawul?

Fill out the form and we'll make sure your voice is heard.

How can I tell if dxbtadawul.com is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Offshore
License: No license
Leverage: 1:400
Broker type: DD
Demo account: No
Affiliate program: Not indicated
Minimum deposit: 250$
Trading platform: MetaTrader 4, WebTrader
Assets: Forex, CFD

10 reviews about Dubai Tadawul LTD

  1. Somnitelnuj
    October 28
    I decided to start trading with this forex broker in vain
    The trading conditions seemed so good to me, I thought this forex platform is very interesting. I transferred an initial capital of $250 and then had a couple of successful trades. I added another $600, half of which I decided to invest in stocks. Then I decided to withdraw a small profit to my bank card. And then all hell broke loose for me. The card was not verified in any way, no matter what quality of photos I send to tech support. From the administration I received messages with the text that my photos are not readable and that they can not do anything about this problem. Ok, tried a different bank card and a different smartphone to take pictures - nothing changed, the same ridiculous story again. My money is hanging in the broker's account, my re-application is being processed. The service has made me feel extremely disappointed. I do not know where to complain, the company has no regulator. I do not advise you to use this platform for trading!
  2. GUN
    October 26
    I have known this dishonest company for a long time
    Another project of dubai tadawul, an old scammer, I met again on the network :) Pseudo broker periodically changes the address of its sites and continues to brazenly deceive gullible clients. It is none other than dxbtadawul.com helps clients to drain all transactions, as soon as the trader runs out of money on the deposit, thieves begin to persuade him, so that the foolish beginner again continued to deposit his funds. In the end, the trader is forced to just quit when he runs out of money.
  3. Niktop
    October 26
    Trading is unstable
    I traded here for a few days on forex. At first, there was a good profit, and then suddenly the broker raised the spread on the EUR/GBP pair from 3 pips to 20 pips. The service upset me with this sudden action. I left this platform because spreads also began to increase multiple times for other currency pairs.
  4. Pamm STERLING
    October 22
    Don't believe promises, it's a scam
    The broker Dubai Tadawul stole 12,000 dollars from my brother, the tech support told him that it was impossible to withdraw the money because my brother did not pass the verification of the account. And the broker also charged huge amounts for several types of fees. These scammers were actually not going to return anything from the beginning, my brother was given the opportunity to earn a profit and the scammers persuaded him to replenish the deposit all the time. And then the account was blocked, literally 2 days after he tried to upload documents to verify his identity. In short, they are scammers, don't believe a word they say, the risks are huge, 12,000 is a good amount, my brother could have bought a car with that money, but instead he now has to hire lawyers to deal with the scammers. Dubai Tadawul are scoundrels who successfully help customers ‌lose capital.
  5. fatherguns
    October 22
    I can't give high marks to the service
    Here I encountered an extremely confusing and long process of account verification. However, I still managed to successfully register an account and deposit money into the account after two days of proceedings. Despite this, if we consider Tadawul as a forex broker, we can conclude that you can trade successfully here. On the plus side, the broker gives you the opportunity to choose from three different types of accounts. You can trade using any size of budget, this is a huge advantage for beginner traders who are afraid to trade large volumes at once. From the minuses of the broker - its managers are successful in pressuring the client to deposit a larger amount of money than you originally planned. I am also confused by the fact that the company is registered in the Arab country Dubai and for European citizens there are no guarantees of a successful solution of disputable issues if they arise during transactions...
  6. bala
    October 20
    Scam and Deception! BRAZEN THIEVES!!!
    The site dxbtadawul.com is another fraudulent project, a brazen deception of customers! My manager called me (I don't know where he got my number!), he promised me stable, easy earnings on a quite safe and reliable platform, but in fact, it turned out the opposite - I was left with losses, and these crooks, on the contrary, got my 4 thousand dollars. After I had problems with the withdrawal of funds, I tried to find help from the support service, but in response I had only silence, no one was in a hurry to help me. But I will not just leave it like that, this broker will give me back everything that it stole!!! Traders, I want to warn you: scammers want only one thing - to swindle their clients out of as much money as possible, and then your account will be blocked. Bypass these thieves!
  7. Sunny
    October 20
    Your balance will be hopelessly drained
    I tried trading on this platform with a small amount, 300 dollars. I am sharing my experience with you. My money started to disappear with maximum speed. When you decide to stop and withdraw at least the last funds from your deposit when withdrawing on dxbtadawul.com there will be a red bar with the inscription "automatic withdrawal is currently impossible, please contact your expert". After contacting the support team, the expert will explain to you that the withdrawal is impossible because of the bonus that needs to be worked off, you should "trade more". And you need to deposit even more funds than what you have already lost. Thus, I did not earn anything here, but only lost my small deposit.
  8. saodbek
    October 18
    It is impossible to trade here with profit!!!
    I drained all my deposit in the amount of 720$ for a week. Just terrible execution of transactions from the broker!!! From 20 seconds to a minute and a half!!! I am outraged by such a disgusting service! Requotes come after 80% of requests! I wrote to the broker's technical support many times and always got the answer that the broker has "a lot of requests and the server does not have time to process them all at night"! The platform works very similarly to the B-book scheme. Why do I think so? Because all trades go through the daytime quite quickly, which makes me think that at night Tadawul is just waiting for an oncoming client for each trade and not putting them on the market!
  9. risat
    October 15
    I am satisfied with the broker
    I trade at Dubai Tadawul with great satisfaction. Money withdrawal is fast here. Good analytics and trading signals help increase the deposit :) There were no slippages and requotes once. Customer support works promptly.
  10. Niko
    October 15
    They will steal your money here...
    I deposited 380 euros to the broker's account. My trading was always in the red. I drained half of my deposit and decided to leave this site. However, the company dubai tadawull does not withdraw funds, the administration says that I am to blame for the delay, as I do not fulfill their requirements to provide proof of my residence. At the same time, the support may not answer my questions for several days. Such attitude of the broker shows that it is just a thief, and this is the worst thing that can happen to a trader.

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