Dubai United Arab Emirates: Through its participation in the Dubai Forex Expo 2022, the most powerful event in the world of trading, which takes place at the Dubai World Trade Center on October 19 and 20, the global trading specialist Forex, announced an expansion in trading tools as it launched the new tool PlayMaker, which aims to help traders make decisions Investments based on advanced performance analyses, the formation of their trading personalities and the improvement of decision-making methods, which ultimately reflects on improving their trading strategies and tactics.
PlayMaker is an important addition to the previous performance analysis tool GamePlan*, and both products are effective tools for traders with a trading plan who seek to better understand their trading habits, and who are willing to learn from harmful emotion-based behaviors in order to correct and avoid them in their trading strategy in the future. .
On the other hand, PlayMaker puts traders in control, helping them avoid emotional trading mistakes and enhancing their discipline so that they can stay on track to achieve their goals. This live trading tool allows traders to make confident decisions and reduce costly errors, with features that help them identify individual risks, daily losses, open positions and trading lines.
On the other hand, GamePlan helps traders uncover key strengths and weaknesses that affect their trading performance, to help them find what sets them apart through features such as the scorecard, which allows them to adjust their trading plan for more achievable goals. Other GamePlan features include unique psychological metrics that give traders clear paths to change their behaviour.
Ritu Singh, Regional Director of Stonex Group emphasizes FOREX.com’s role in providing new ways for investors to trade by saying: “We view trading as a learning process, the more experience and knowledge you gain and the tools you have access to, the better you will perform. We are working on Empowering traders by giving them access to comprehensive educational resources, and constantly offering them advanced monitoring, evaluation and analytical tools. They trust us to provide them with the right opportunities and techniques to raise their trading performance.”
FOREX.com’s main features are its standards of reliability, expertise and seriousness. The company regularly introduces new solutions to investors and traders, including PlayMaker and GamePlay, as well as launching new products, such as objective indicators, that allow traders to speculate on global inflation rates.
Singh adds, “50% of all traders in the UAE are newcomers, which is a clear indication that this market is growing exponentially, and we want to be a part of it. Active traders in the region have grown significantly over the past two years, reflecting the potential of the market. The Middle East and the region’s appetite for innovative tools and trading and investment solutions. We plan to invest heavily in the Middle East, offering more innovative products, services and solutions that meet the specific needs of traders in the region.”
FOREX.com assures to provide investors in the Middle East with a seamless, rewarding and exceptional trading journey. To celebrate its participation in the Dubai Forex Expo, the company launched its ‘Commission Free*’ promotion, a new pricing structure that allows investors to more easily enter into stock trading, as well as a new batch of stocks in Mexico.
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FOREX.com is part of the Nasdaq-listed Stonex Group (NASDAQ: SNEX), a publicly traded company that meets the highest standards in corporate governance, financial reporting, and transparency. FOREX.com gives its clients access to more than 9,500 trading markets and is the global market leader in leveraged trading.
About Stonex Group
Through its subsidiaries, The Stonex Group operates a global financial services network that connects companies, institutions, traders and investors to the global market ecosystem through a unique combination of digital platforms, comprehensive clearing and execution services, high-level service and deep expertise. The company strives to be the only reliable partner for its clients, providing its network, products and services to allow them to pursue business opportunities, manage their market risk, make investments and improve their business performance. The Stonex Group, a Fortune-500 company headquartered in New York City and listed on the Nasdaq Global Market (NASDAQ: SNEX), serves more than 3,300 employees to more than 45,000 commercial and institutional clients, and more than 370,000 active retail accounts, Across more than 40 offices on five continents. More information about the company is available at www.stonex.com
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Marketing Manager, Stonex Group
*Following the proceeds
* The cost of the difference between the bid and ask price applies
Forex trading and other leveraged trading carries a high risk of loss. Trading in times of volatility is extremely risky. It is not suitable for all investors and you should only trade with money you can afford to lose. Past performance is not an indication of future performance.
Forex and CFD trading involves a high risk of loss and is therefore suitable for all investors. Losses can exceed the value of deposits, and past performance is not necessarily indicative of future results. The products and services available to you on FOREX.com depend on your location and the type of organizational entity where your account is located.