Arabic trader has been flagged by Financial Services Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Opened my account with Arabic trader through my accountant's suggestion and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Excellent charting|Smooth onboarding|Educational resources|Professional team
Cons: Limited cryptocurrency options
The hidden fees at Arabic trader are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: API access|Good mobile app|Two-factor authentication|Easy to use platform
Cons: Charting tools need more indicators
Arabic trader seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Segregated accounts|Stable platform
Cons: Alert system is basic|Limited cryptocurrency options
I gave Arabic trader a fair chance. After since the beginning of the year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Excellent charting|Transparent fees|Helpful community forum|Regular updates
Cons: Wish they had more educational resources