Licensed and Regulated Forex Broker Tadawul FX Now Part of Compensation Fund for Online Forex Traders

Limassol, Cyprus – December 10, 2009 – Tadawul FX, recently licensed by the Cyprus Securities and Exchange Commission (CySec), is now able to offer the investor compensation fund to its retail clients, which secures their claims by providing compensation should the investment firm be unable to return financial assets to the client.

Tadawul FX offers online forex and commodity trading services through the popular MetaTrader 4 platform and has recently relocated its offices to Cyprus in order to be licensed and regulated in Europe and to cater for a rapidly growing client base around the region.

As part of its license from CySec, Tadawul FX is now part of the investor compensation fund which ensures that clients of Tadawul FX are entitled to compensation, in the case of insolvency on the part of the online forex broker,effectively insuring their investments.

Ramzi Chamat, CEO and Partner of Tadawul FX, says, "Novices to online forex trading face many difficulties in knowing who to trust. With TDFX, they can be assured that not only are we recognized by CySec as a regulated and licensed honest online forex broker, but also offer a form of safeguard for their assets."

Although the fund does not cover institutional or professional investors, in the case of retail clients, it allows a total payable compensation to each covered trader of €20.000, regardless of how many accounts are held, the currency of the investment, or where the investment service is located.

"In today's economic climate, retail clients cannot afford any risk to their financial assets. By offering traders access to the investment compensation fund, we can now also combine security with our honest professional approach and of course excellent customer support," added Chamat.

About Tadawul FX
Tadawul FX, also known as TDFX, was founded by CEO Ramzi Chamat in 2006 in Switzerland. The company is a leading European online forex trading and commodity broker, providing its customers with premium services enabled by the Metatrader 4 trading system. Now located in Cyprus, TDFX applied for and was granted a license with the Cyprus Securities & Exchange Commission in 2009.