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Finding licensed trading companies in Iraq is not as difficult as many Iraqi traders think, especially beginner traders in this field, but with the presence of many fraudulent trading companies within this market, traders may face a real problem in ascertaining the credibility of the trading company they intend to dealing with it.
[You must be registered and logged in to see this link.] that are honest can be distinguished from those that can be false with ease according to a set of specific criteria, and this is exactly what we will learn about in the next report, where we will discuss together how to avoid fraudulent trading companies in Iraq? So stay with us.
Licensed trading companies in IraqThe Iraqi trading market contains many trading companies, some of which are local, and some are global, but we always recommend dealing with international trading companies that provide their services to the Arab market, and one of the most important international trading companies in Iraq, which provides its services directly to the Iraqi market Al-Arabi is AvaTrade.
About Ava Trade Company for trading in IraqIt is one of the best trading companies that allows you to trade on [You must be registered and logged in to see this link.] inside your home in Iraq, where you do not need to trade with it except to open an account with it for an amount not exceeding $ 100, and you can also try the demo account with it before paying any money in order to find out if it is the platform are you looking for? And that's before you start with it for real, and pay any money.
AvaTrade has the following advantages.
- Licensed by the Abu Dhabi Global Market Authority (ADGM).
- It is regulated by the Australian Financial Services Commission (ASIC).
- Trusted by many global financial licensing authorities.
- It has a turnover of more than 60 billion pounds per month.
- Member of the Canadian Investor Protection Fund (CIPF).
- Member of the Investment Commission of Canada (IIROC)
- Provides Islamic accounts for Iraqi and Arab traders free from usurious transactions.
- It offers free demo accounts to practice on its platform before starting financially with it.
- It has very strong customer service support in 12 different languages, including Arabic.
- Support is available around the clock.
- It offers MetaTrader 4, 5 platform to trade with, and it is one of the best trading platforms that you can find in the market, and it is smooth to deal with whatever device you are using, computer, tablet, or even your smart mobile phone.
- It enables you to trade with it in more than 250 trading instruments with a wide variety of assets.
How can fraud trading companies be avoided in Iraq?In general, any trading market in which many fraudulent companies can be found, whether we are talking about the Iraqi trading market, or other global trading markets, but these companies are highly exposed, and they can be identified through the following details.
- Fraudulent trading companies make fake offers with imaginary profits, and entice those wishing to trade with them with those profits.
- The imposter trading companies do not have a physical headquarters on the ground in any country around the world, but only practice their work electronically.
- Quotation trading companies are not licensed by any of the global financial licensing companies.
- Fraudulent trading companies have trading platforms that are difficult to use, and are not developed.
- Fraudulent trading companies have account managers who have unlimited powers.
Trading companies licensed in Iraq to trade in stocks and forexThere are many Iraqi stocks that can be traded through trading companies licensed in Iraq, which are also listed on the local Baghdad Stock Exchange, including the following.
- [You must be registered and logged in to see this link.] share (BBOB)
- Gulf Bank share (BGUC)
- Share of Baghdad Gas Company (IBSD)
As for the global stock market, as well as the forex market, you can trade on it easily with any international trading company, especially the Ava Trade company, which offers many advantages specifically for the Iraqi market, and offers highly developed trading platforms that will enable you to trade in the stock market and the forex market in every way. smoothness.
These were the most important details related to the licensed trading companies in Iraq, and how they can differentiate between them and the fraudulent trading companies.
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