Monday, April 13, 2009

World-Class Product Selection



FX


Trade 160+ Currency Pairs
Spot
Forward Outrights
Streaming FX Options
Automatic fills up to 20 million
Aggregated liquidity from top tier- providers means consistent and stable pricing through market movements and toward the close of business on Fridays.Real/time charting and data enables FX trading at the edge of the market.


CFDs


Trade 6000+ CFDs
22 Exchanges
Liquidity-based margin allowence
Global access to the most liquid and highly valued CFD instruments
Real-time margin management
CFDs enable traders to sell short and go long on the underlying security providing for diversification and hedging strategies for active traders and investors.


STOCKS


Trade stocks on over 19 exchanges
Competitive pricing
Real-time access
Immediate trade confirmations
Real-time margin management
Stock trading on the FX Arabiya Saxotrader provides real-time access to the most well known, liquid and dynamic market movers worldwide. In one window, serious traders access both stocks and CFDs, as well as FX, Futures and Funds.


FUTURES


Trade on 20 exchanges
Online financial futures
Online precious metals futures
Online natural gas, oil and natural resources
Online and offline soft commodities trading
The platform provides a broad suite of the most popular financial, energy and precious metals futures contracts. More than 400 contracts are tradable online with volumes discounted pricing. The platform offers pit-traded commodities for diversified futures strategies.

Getting Started


To get started in Forex trading, an individual should have a computer with a high-speed Internet connection. You'll also need a trading account and the appropriate client software, available on this site. The software is your interface to the trading platform we use and will be used to make trades, track your accounts, and receive useful information and analysis.The amount you place in the account should be determined by your tolerance for loss. Do not invest money you can't afford to lose and clearly understand the amount of risk you're accepting when you leverage your investment with additional brokerage funds.

What Do Trades On The Foreign Exchange Look Like?


Forex trades involve pairs of currency. When you trade currencies, you simultaneously buy and sell two different types of currency to take advantage of fluctuations in the exchange rate of the two currencies, relative to each other. In effect, when you purchase foreign currency, you are investing in the issuer's economy.The most common trades involve just a few currencies, although trading is not limited to these currencies. The US dollar, the British pound, the Euro, the Canadian, Australian and New Zealand dollars, the Swiss Franc and the Japanese Yen are the most commonly traded currencies on the Forex market. By far, the US dollar is the most popularly traded currency, and makes an appearance in nearly 9 of 10 Forex trades.

Introduction to Forex


FX, also known as the Foreign Exchange market & Forex, is the largest financial market in the world. It doesn't have a physical location where traders go to work, but rather, it is a network of banks and brokerages that trade currencies from around the world. This trading, known as Forex trading, FX, spot FX or spot, is responsible for exchanging $2 trillion per day. Trading takes place 24 hours a day, from the time the market opens in Tokyo until the close of business in New York late Friday evening. The Forex market is considered an over-the-counter market. Trading doesn't take place on weekend days, although investors can take advantage of weekend trading depending upon where they are in the world and what markets (if any) are still open. Until recently, Forex trading was limited to large commercial banks and investment firms, mainly because trading minimums were in the millions of dollars. In the 1990's, rules were changed, trading technologies improved and small investors, known as "retail traders" were permitted to access the Forex market with smaller sums of money. Most retail traders use a combination of their own money and money loaned by the brokerage to make Forex trades.

Benefits of Trading Foreign Currencies


The investor benefits of trading foreign currencies are numerous, and illustrate why so many people and institutions choose to participate in Forex trading.24-hour market: During the week, traders can work literally around the clock. Markets are always open somewhere, so investors can choose the best trading conditions. As a Forex trader, you can choose to trade part-time or full-time, choosing the hours that suit you best.Low transaction costs: There's always a cost involved in trading, but Forex costs are typically among the lowest available to individual investors. Usually, Forex traders pay about 0.1 percent of the value of their transaction in fees. Large dealers may offer even lower costs, depending upon how much currency your trades involve.No fixed lot sizes: Forex traders determine their own lot sizes, unlike trades on the stock or commodities markets. You invest the amounts you want to invest.
No commissions: As a Forex trader, you don't pay commissions on your trades. You also don't pay exchange fees, government fees, clearing fees, brokerage fees or any other fees, outside of the low transaction costs you pay directly to the dealer you purchase your currency from. No brokers: As a Forex trader, you deal directly with currency dealers. Your trades are not conducted through a middle man, so that keeps your investment expenses low. When you deal directly in the Forex market, you keep your profits. Influence: The Forex market is so large and has so many players that no one organization or group of organizations can control the market. This is ideal, because it allows true market forces to determine currency valuations. You know that you're not competing against any "behind-the-scenes" manipulations of currency prices.Liquidity: Forex trades are among the most liquid investments around. You can buy and sell currencies whenever you want to, without waiting for trades to clear or funds to be released. Trading is programmable, according to the rules you establish. You can buy and sell whenever you want, and your account will continue to work for you, regardless of what you're doing.Leverage: Retail Forex trading is margin trading, which means that your investment (which may be small when compared to those of other traders) controls a much larger amount of currency. If a broker offers 100 to 1 leverage that means you control $100 for every $1 you invest. A $500 investment controls $500,000 in trading capital. With this kind of leverage, you need to manage your risk carefully. Just as you will share in the profits of margin trading, you will also shoulder the losses when they occur. As a Forex trader, you must clearly understand the amount of money that you are risking each time you make a trade.Education and Training: FX Arabiya offer retail investors a large volume of educational resources to help them understand and benefit from the ins and outs of the currency markets. Commonly, FX Arabiya offer "demo" accounts, which allow new Forex traders to learn how the market operates without committing any capital. These accounts engage in "paper trades" which illustrate how the trade would turn out if it were being made with real money. It's always in the investor's best interest to understand Forex trading fully before committing any capital to a trade. New investors often spend weeks or months working with demo accounts before moving to actual monetary trades.Aside from demo accounts, FX Arabiya offer research and analysis to forex traders to help them spot emerging trends in the currency exchange markets, and understand significant events that occur in foreign economies which may affect the outcomes of their trades.Mini (and Micro) Accounts: FX Arabiya offer "mini-accounts" to investors who don't have or don't want to commit a lot of money to a trade. Mini-accounts are good for new investors, or for investors who want to experiment with a new trading approach, without committing a lot of capital to the effort. Mini-accounts can have minimum balances of $2000 or $3000. Due to the nature of Forex trading, starting with the minimum balance on a mini-account is not always a good idea, but mini-accounts can be a valuable addition to a trader's strategy.

UAE Central Bank Steps in to Support Dubai


Dubai’s government said it sold $10 billion in bonds to the United Arab Emirates’ Central Bank, alleviating some concern about the Gulf city-state’s finances. Dubai’s situation is not typical of the Gulf region, Dr. Ala’a Al-Yousuf from Gulf Finance House said. Watch Video
MEDIA:VIDEO

Forex Rate and Dubai Crude Monitor

Friday, December 29, 200656.63Dubai Crude Friday, December 29, 200656.63Dubai Crude Wednesday, December 27, 200657.28Dubai Crude Monday, December 25, 200659.05Dubai Crude Wednesday, December 20, 200658.51Dubai Crude Tuesday, December 19, 200657.80Dubai Crude Monday, December 18, 200659.21Dubai Crude Friday, December 15, 200659.19Dubai Crude Thursday, December 14, 200657.83Dubai Crude Tuesday, December 12, 2006$ 57.91Dubai Crude Tuesday, December 12, 200657.91Dubai Crude Tuesday, December 12, 200657.91Dubai Crude Monday, December 11, 200658.37Dubai Crude Wednesday, December 06, 200660.11Dubai Crude Wednesday, November 22, 200656.60Dubai Crude Thursday, November 16, 200657.07Dubai Crude Thursday, November 16, 200657.07Dubai Crude Tuesday, November 14, 200656.91Dubai Crude Friday, November 10, 200658.54Dubai Crude Thursday, November 09, 200657.47Dubai Crude Wednesday, November 01, 200658.47Dubai Crude Monday, October 30, 200656.72Dubai Crude Monday, October 30, 200656.72Dubai Crude Monday, October 30, 200656.72Dubai Crude Monday, October 30, 200656.72Dubai Crude Monday, October 30, 200656.72Dubai Crude Monday, October 30, 200656.72Dubai Crude Wednesday, October 25, 200655.97Dubai Crude Friday, October 20, 200656.98Dubai Crude Monday, October 16, 200656.71Dubai Crude Wednesday, October 11, 200655.22Dubai Crude Monday, October 09, 200656.74Dubai Crude Friday, October 06, 200657.53Dubai Crude Friday, September 29, 200657.90Dubai Crude Monday, September 25, 200654.92Dubai Crude Wednesday, September 20, 200656.47Dubai Crude Wednesday, September 20, 200656.47Dubai Crude Wednesday, September 20, 200656.47Dubai Crude Friday, September 15, 200659.16Dubai Crude Thursday, September 14, 200660.06Dubai Crude Wednesday, September 13, 200659.26Dubai Crude Thursday, September 07, 200663.47Dubai Crude Wednesday, September 06, 200663.905Dubai Crude Tuesday, September 05, 200663.71Dubai Crude Monday, September 04, 200664.905Dubai Crude Monday, September 04, 200666.14Dubai Crude Monday, September 04, 200666.14Dubai Crude Tuesday, August 29, 200666.26Dubai Crude Monday, August 28, 200666.52Dubai Crude Monday, August 28, 200666.52Dubai Crude Monday, August 28, 200666.52Dubai Crude Monday, August 28, 200666.52Dubai Crude Monday, August 28, 200666.52Dubai Crude Monday, August 28, 200666.52Dubai Crude Monday, August 28, 200666.52Dubai Crude Tuesday, August 22, 200667.17Dubai Crude Wednesday, August 16, 200668.78Dubai Crude Monday, August 14, 200669.97Dubai Crude Friday, August 11, 200670.31Dubai Crude Tuesday, August 08, 200672.24Dubai Crude Monday, August 07, 200671.49Dubai Crude Thursday, August 03, 200670.64Dubai Crude Wednesday, August 02, 200670.48Dubai Crude Monday, July 31, 200667.60Dubai Crude Friday, July 14, 200671.99Dubai Crude Thursday, July 13, 200670.29Dubai Crude Wednesday, July 12, 200668.80Dubai Crude Wednesday, July 12, 200668.80Dubai Crude Wednesday, July 12, 200668.80Dubai Crude Monday, July 10, 200668.57Dubai Crude Friday, July 07, 200669.27Dubai Crude Thursday, July 06, 200669.52Dubai Crude Wednesday, July 05, 200668.22Dubai Crude Wednesday, July 05, 200668.22Dubai Crude Tuesday, July 04, 200668.56Dubai Crude Friday, June 30, 200667.61Dubai Crude Wednesday, June 28, 200666.32Dubai Crude Wednesday, June 28, 2006$66.32Dubai Crude Wednesday, June 28, 2006$66.32Dubai Crude Friday, June 23, 2006$64.85Dubai Crude Thursday, June 15, 200665.375Dubai Crude Thursday, June 15, 200665.375Dubai Crude Wednesday, May 24, 200660.35Dubai Crude Wednesday, May 24, 200660.35Dubai Crude Wednesday, May 24, 2006$60.35Dubai Crude Sunday, April 30, 2006$ 54.25Dubai Crude

Navigating Dubai's Currency and Foreign Exchange

In Dubai, currency exists in the form of the United Arab Emirates Dirham (Dh or AED as it is sometimes called.) Dirham notes come in an array of denominations which range from Dh 5 to Dh1000. In line with Arab tradition, falcons are pictured on the notes and the value of each note is written in Arabic only.
One dirham can be divided into 100 fils and coins can be obtained in values of Dh1, 50 fils, 25 fils, 10 fils and 5 fils. As is the case with all currencies exchange rates may vary, but when markets are stable exchange can be expected at around 7 Dirham to 1GBP British Pound Sterling and 3.7 Dirham to $1 US Dollar.
Foreign Exchange and Rates
As convenient and tempting as it may be, it is sensible not to exchange money at airports due to the fact that exchange rates offered at airports are usually exceptionally poor. Exchange centres, and local and international banks can be easily located in the city and will all likely present you with far better rates. There is no prohibition on the exchange of money in Dubai and most local banks will willingly transfer and exchange money for you. International banks like Citibank and HSBC Offshore can be found in Bur Dubai and Diera, as can a number of exchange centres like Al Razouki International Exchange Company, Thomas Cook Al-Rostamani and the UAE Exchange Center.
Both banks and exchange houses operate from around 8am to 1pm Saturday to Thursday. Some banks reopen from 4pm to 6pm Saturday to Wednesday and exchange houses typically reopen from 4:30pm to 8:30pm Saturday through to Thursday. Keep in mind the fact that the weekend falls on a Friday in Dubai and therefore all banks will be closed on this day and exchange houses are likely to only be open for a portion of the day if at all.
If you are looking to exchange large sums of money, it may be worth your while to spend some time comparing exchange rates offered by the various banks and money lenders in the city. Moneylenders will often offer better rates, although some will either refuse to accept Travellers Cheques or will accept only one or two specific types of cheques. ATMs are located all over Dubai in major shopping centres, hotels and banks. HSBC Financial Services and Emirates Bank International ATM s are connected to Global Access Systems and can be found in Deira and Bur Dubai
Travellers Cheques and major credit cards like Mastercard, Visa and American Express are accepted at the majority of hotels, shopping centres and restaurants. Tips and municipality taxes are usually already added into bills, although if you are unsure or wish to further compensate staff for good service, 10% is seen as more than generous. In the event that you are looking to pick up bargains, it is advisable to rather carry cash due to the fact that vendors will be more willing to lower prices for cash sales than they will for electronic sales. Smaller shops, especially those in souks will often refuse to accept credit cards altogether.
If you have any currency related queries whilst in Dubai you can contact either Al Razouki International Exchange Dubai on 04 2615113 or Thomas Cook Al Rostamani Exchange Company Dubai on 04 2223564.

Foreign Currency Exchange Tables

U.A.E. Dirham1.000000 Argentine Peso0.862619 Australian Dollar0.384490 Bahrain Dinar0.102383 Brunei Dollar0.414056 Brazilian Real0.607956 Botswana Pula2.049844 Canadian Dollar0.335632 Swiss Franc0.313701 Chilean Peso158.766818 Chinese Yuan1.861056 Colombian Peso660.583801 Cyprus Pound0.108275 Czech Koruna5.478298 Danish Krone1.539345 Euro0.206019 U.K. Pound Sterling0.186362 Hungarian Forint59.926544 Indonesian Rupiah3,110.724393 Israeli New Sheqel1.139356 Indian Rupee13.647796 Iranian Rial2,721.370935 Icelandic Krona34.696147 Japanese Yen27.406417 Korean Won364.110972 Kuwaiti Dinar0.079642 Sri Lanka Rupee31.635907 Libyan Dinar0.353976 Maltese Lira0.079415 Mauritian Rupee9.102206 Mexican Peso3.653255 Malaysian Ringgit0.984748 Norwegian Krone1.846475 Nepalese Rupee21.769905 New Zealand Dollar0.473260 Omani Rial0.104697 Pakistan Rupee16.518226 Polish Zloty0.912994 Qatar Riyal0.991149 Saudi Arabian Riyal1.021104 Swedish Krona2.253909 Singapore Dollar0.414056 Slovenian Tolar49.599310 Thai Baht9.645213 Trinidad and Tobago Dollar1.698268 U.S. Dollar0.272295 Venezuelan Bolivar579.310619 South African Rand2.47334

Dubai Currency in Dubai foreign exchange rates

What is the Currency in Dubai? Find out what type of money or foreign currency you will need when travelling to Dubai. Learn about for
The national currency across the UAE is the Dirham, which has an exchange rate tied to the US Dollar.
Credit cards are widely accepted, and there are many banks where you can get cash out using most banks cards bearing the Cirrus, and Visa logos.
Typically, food is a similar price to eating out in the UK in hotels, and much cheaper on smaller restaurants, while alcohol is up to twice the price.
Tipping is discretionary in restaurants, but typically, if no service charge is on the bill, 10-15% is appropriate.
A I R L I N E P A R T N E R S eign exchange rates, Banking, Currency & Taxes...

Gold/Forex Rates

DRAFT RATE (AED) Selected Asian currencies in UAE Dirhams (Rates in 1 Dirham)
April 13, 2009 CURRENCIES Morning Evening Yesterday Indian Rupee (INR) 13.47 (Dh 74.23/ Rs 1000) 13.56 (Dh 73.75/ Rs 1000) Pakistani Rupee (PKR) 21.75 21.76 Bangladesh Taka (BDT) 18.65 18.65 Sri Lankan Rupee (LKR) 31.45 31.45 Nepalese Rupee (NPR) 21.69 21.74 Philippines Peso (PHP) 12.91 (Dh 77.45/ Peso 1000)
GOLD RATE (AED)
April 13, 2009 TYPE Morning Evening Yesterday TT Bar 12310 12250 24 Carat 107.00 106.50 22 Carat 100.00 99.75

FOREX Market

Welcome to our on-line Foreign Exchange trading service. Our award winning trading software allows you to trade all major Global Currencies, major crosses and precious metals, 24 hours a day. Discover for yourself the advantages of narrow spreads, efficient quotes, lowest margins and commission.
FOREX Market
Foreign Exchange is considered to be the biggest traded market in the World. Total traded volume of foreign exchange is estimated to be in excess of US $ 1 trillion per day.
Foreign Exchange is the simultaneous exchange of one currency for another between two parties at an agreed rate. Settlement can be immediate (spot), in the future (forward) or deferred (on a daily basis).

Forward FX

OFB through our principals also provides its customers interested in addressing the interest rate component, implicit in the Forward FX markets, with the ability of replacing their open Forex positions with a new forward position at a new rate.
To cater for the needs of our diversified customer base, our principal’s quotes both Outright and Broken-date Forward FX prices so that OFB clients are able to trade FX for a future settlement date, be it a standard time-frame or a specific date. As per Spot transactions, margin rates are 1% with minimum trade sizes as low as USD10,000 (or equivalent) and as high as USD1 Billion.
The ability to quote broken-date Forwards means that clients are able to tailor their FX trades to meet their specific cash-flow, hedging, trading or speculative requirements.

Forex Trading > Range of Markets

Clients can trade the major currencies 24 hours a day, with over 300 instruments available. We also offer an extensive range of cross currency combinations across all majors, with highly competitive spreads. Trade multiple product types including Spot FX, Forward Outright FX (Outright or Broken-Date).
Spot FX
OFB customers are offered competitive prices on the world's major currency pairs with bid-ask spreads normally only available to the inter-bank Spot market. OFB offers margin rates as low as 1% and available trade sizes as low as USD10,000 (or equivalent) and as high as USD1 Billion. All clients are offered the most professional service irrespective of trade size or frequency of dealing.
Product Symbol Standard Forex Spreads Euro/US Dollar EUR/USD 3 US Dollar/Yen USD/JPY 3 US Dollar/Swiss Franc USD/CHF 3 British Pnd/USD Dollar GBP/USD 3 Euro/Yen EUR/JPY 3 Euro/British Pound EUR/GBP 3 Euro/Swiss Franc EUR/CHF 4 British Pound/Yen GBP/JPY 9 British Pnd/Swiss Franc GBP/CHF 9 Swiss Franc/Yen CHF/JPY 4 Australian/US Dollar AUD/USD 3 Australian Dollar/Yen AUD/JPY 4 US Dollar/Ddn Dollar USD/CAD 5 New Zealand Dlr/USD NZD/USD 5 USD/S.African Rand USD/ZAR 120 USD/Norwegian Krone USD/NOK 40 Euro/Norwegian Krone EUR/NOK 55 Euro/Swedish Kroner EUR/SEK 51 USD/Swedish Kroner USD/SEK 50 Euro/Canadian Dollar EUR/CAD 9 Euro/Australian Dollar EUR/AUD 11 British Pound/Australian Dl GBP/AUD 17 USD/Mexican Peso USD/MXN 100

Online Trading Academy Dubai - Video Testimonials

Welcome to the Dubai Video testimonial and television media section of our website. Here we enable you to watch video testimonials of Online Trading Academy students. These students have graduated from our classes at least 6 months prior to the interview. Listen to what "real" people think about our classes, instructors, and company as a whole.
Please Enjoy This Short Video About Online Trading Academy Dubai

Forex Trader Part 1 - Dubai

Tuition:
US $2,250 - Limited time onlyTake a scholarship up front and pay only US $1,750!
How to Sign Up:
Please contact us for enrollment - Toll Free: 800-OTA (800-682) or Tel +971 4 362-5126
Schedule:
Click here for the schedule
Course Length:
5 Sessions - Evenings (4 Hours each session)
Pre-requisites:
None
Related Items:
Professional Forex Trader CD Library
Followup Courses:
Forex Trader Part 2 - Dubai
Special Features:
Once you graduate from this course, you can take it over and over again for FREE! Tuition rebates are also available from our affiliated broker/dealers!
Course Description
The objective of this class is to introduce active traders to the exciting world of foreign exchange currency trading, also known as Forex, FX or currency trading. We will teach you all aspects of the Forex trading world using the latest tools and software. You will learn to control your own order flow by using “state-of-the-art” Forex Trading Platforms with some of the best of breed Forex Dealers. You will learn how the pros make money and learn the differences between Forex and equities trading. Decide for yourself which is the best instrument for you. Don’t be surprised to find that you can use BOTH in harmony. Forex offers 50 to 1 leverage and 24/6 trading hours. Learn to trade with discipline, a plan, and the technical tools that the World Currency Traders use.
Course Times
Time Zone
Regular
Ramadan
UAE
6:30pm - 10:30pm
7:30pm - 11:30pm
Class Materials
Each student will receive a binder with all class slides and room to write notes. Also included are class handouts and any additional material the instructor provides for the course, so student can easily refer to all class material after the class.

Professional Trader Part 1 - Dubai

Tuition:
US $2,250 - Limited time onlyTake a scholarship up front and pay only US $1,750!
How to Sign Up:
Please contact us for enrollment - Toll Free: 800-OTA (800-682) or Tel +971 4 362-5126
Schedule:
Click here for the schedule
Course Length:
5 Sessions - Evenings (4 hours each session)
Pre-requisites:
None
Related Items:
Professional Stock Trader CD Library
Followup Courses:
Professional Trader Part 2 - Dubai
Special Features:
Once you graduate from this course, you can take it over and over again for FREE! Tuition rebates are also available from our affiliated broker/dealers! You will also receive access to Online Trading Academy's Picks FREE!
Course Description
This Part 1 - 5 Session Course is the first part of the total 10 Session Professional Stock Trader Series. Most of our students take the entire 10 Sessions consecutively, however, due to your scheduling needs, you may wish to take the first 5 Sessions and then a month later, continue the course to its finish with Part 2.
The objective of Part 1 is to prepare active traders and investors to trade as Professional trading business people. We will teach you all aspects of the trading world using the latest tools and Direct Access Trading software, practicing LIVE on the NASDAQ, Dubai Financial Market, and Abu Dhabi Securities Market. Learn to control your own order flow, learn to be a virtual Market Maker. Learn to trade with discipline, a plan and the technical tools that the Wall Street Pros use.
The complete series, Professional Stock Trader Series Part 1, Dubai (5 Sessions) and the Professional Trader Part 2, Dubai (5 Sessions) comprise the 5 Day Signature Online Trading Academy Dubai Global and Local Market Course. In its entirety, it creates the foundational information, stair casing into sophisticated trading concepts, strategies and tactics with a emphasis on Risk Management and Personal Discipline.
Course Times
Time Zone
Regular
Ramadan
UAE
6:30pm - 10:30pm
7:30pm - 11:30pm
Class Materials
Each student will receive a binder with all class slides and room to write notes. Also included are class handouts and any additional material the instructor provides for the course, so student can easily refer to all class material after the class.
Course Curriculum
Day 1
Day 2
Day 3
Introduction to Stock Trading
I. The GCC / NASDAQ Parallel?
II. UAE Stock Markets DFM/ADSM
PurposeProceduresHistorical Market Perspectives
III. The Trading Universe
IV. Securities, Issuers, and Regulation
V. Market Terminology
Primary MarketsIPO’sSecondary Markets
VI. Market Participant Dynamics
VII. Market Risk Management
Principles of Technical Analysis
I. Definitions
II. Charts and Their Use
III. Trend Analysis
IV. Momentum and Volume
V. Pre-Market Analysis
IndicesStock/Index Correlation
VI. Review of a local market (Dubai Financial Market/Abu Dhabi Securities Market) Online trading platform
VII. Using Tickerchart.com
Pre, Post, and Inter-Market Analysis
I. The Top-Down Approach
II. Pre-Market Analysis
III. Post-Market Analysis
IV. Inter-Market Analysis
V. Economic Indicators
VI. Market Indicators
VII. Trading Terminology
ECN’sOrder EntryRisk Management with Stops
Live Direct Access Trading
Day 4
Day 5
Technical and Fundamental Analysis
I. Technical Analysis
Support and Resistance
TrendsTrend Reversal and Continuation PatternsFive Laws of Trading
II. Fundamental Analysis
Company Performance and Stock Price Valuation
III. Developing your trading style
Short Term TradingMomentumSwingPosition Trading
IV. Live Direct Access Trading
Trading Professionally
I. The Trading Plan
II. Your Trading Environment
III. Stock Selection Methods
IV. Trader’s Tools and Equipment
V. 10 Laws of Risk Management
VI. Live Direct Access Trading
VII. Class Wrap Up

Welcome to Online Trading Academy Dubai



March 2005 marked a new era in Dubai, UAE. The Online Trading Academy has opened its doors to traders wishing to acquire trading knowledge and skills. Instruction by professional traders and the state-of-the-art facilities allowed students to learn and trade live on the NASDAQ. Since then we have developed courses that are suitable both for the trader interested in trading the DFM and the...
more

We Provide Education for NASDAQ

Feedback from our Graduates
"I am excited to be here in Dubai for the forex class. The Professional forex class more than met my expectation. This is my first exposure to forex trading and coming from Nigeria for this class is a blessing in disguise."
Ibe O., February 2008
“I did not really intend to trade. The question 'What is Trading' made me take this class. But now, I aim to be a Professional Trader and I will be. The course not only teaches about trading, but also the values of life like patience, how to overcome panic situations, stress relief and the utmost making money is not the destination. The instructor is really great. The experience and the teaching skills really made me be attentive and I was really impressed. Thank you Online Trading Academy, Dubai.”

Extended Learning Track (XLT) - Forex Trading



Watch a professional in action, trading the Foreign Exchange markets
Interactive online class, lets you learn virtually anywhere in the world
These 2-hour sessions are the perfect supplemental education venue for graduates of the on-location Forex Trader Part 1 and Part 2 courses
Curriculum: The Foreign Exchange market is the world's largest financial market and its high volatility makes this market more suitable for sophisticated and knowledgeable traders. No one becomes an expert at anything in one day. It takes time to learn how to trade Forex and to understand what you are doing. However, by modeling successful traders the learning curve can be dramatically reduced and consistently making money can become a reality.
Real world trading experience can shorten the learning curve.
This course has been designed to take you from intermediate through the most advanced concepts of trading. It is valuable to Online Trading Academy Forex Graduates and is the logical extension of your commitment to your education to become an experienced Forex Trader.
This is a powerful "next step" for student traders committed to taking their foreign exchange trading skills to a higher level of performance. This unique learning experience is delivered by some of our top instructors including Sam Seiden and Steve Misic, professional traders who have many years of "hands-on" experience in the financial arena in foreign exchange, equities, futures, options and commodities markets. This comprehensive program is the perfect adjunct to the curriculum taught in our Forex Trader Courses.
The instructor teaches the students how to "see" the market and understand what seemingly random patterns actually reveal. They teach by doing, using live money to trade in real-time. Nothing can surpass the experience of watching a live trade executed step-by-step as your instructor navigates and explains the trade from entry to exit. You will see him take small losses to prevent larger losses and you will see him let small winners turn into large profits. Through this process, the XLT instructor will help you acquire the skills needed to transition from a novice or struggling trader to a consistently profitable trader. You will learn how to make great trading decisions based on sound understanding of fundamentals, technical analysis and market sentiment, as well as when and how to apply each.
*Online Trading Academy reserves the right in its sole discretion to change XLT Instructors at any time. If the student purchases and pays in full for the Lifetime Retake option, after successful completion of the initial 3 month program students may retake the XLT class for free as many times as they like based on schedule and availability and as long as the class is offered, as posted on the Online Trading Academy website at the full discretion of Online Trading Academy.
Program Details
Venue:
Online Trading Academy Virtual Classroom using Real-Time Audio and Video Conferencing
Tuition:
$6,000 for the first 3 months and $500/month each month thereafterOR$10,000 for the ability to retake this class for life.*
To enroll, click here to find the Online Trading Academy location nearest you.
Pre-requisites:
Forex Trader Part 1 and Part 2
Overview of Learning Objectives:
Live exposure to the daily professional trading Forex environment
Live demonstration of how to “see” the market correctly in order to make the appropriate trading decisions and be on the right side of the market
Live demonstration of specific trades taken and an explanation of the methodology used to generate those trading decisions
Live demonstration of appropriate exit techniques to capture profits
Live demonstration of avoiding common pitfalls that deter many students’ progress
Interactive sessions designed to assist students in asking questions and fully understanding the methodology and appropriate context of each trade taken
Instructor teaches this course using a live trading platform to ensure that the student sees a real trading environment and not a facsimile.
Student access to instructor through e-mail with the knowledge that the student will receive a well thought out response to their question within 24 hours of receipt
Access to instructor daily through text chat and voice over internet protocol in Online Trading Academy's state of the art virtual training classroom
Access to vital long term contacts through networking among other student traders
Prompt answers with solid instructional examples while "in session" when the student needs instruction the most

Free Power Trading Workshop for Forex

Tuition:
FREE
How to Sign Up:
Choose your location below and click enroll
Schedule:
Click here for the schedule
Course Length:
3 hours
Pre-requisites:
None
Related Items:
Forex Trader Part 1Professional Forex Trader CD LibraryThe Fantastic World of Forex CDAdvanced Forex Strategies CD
Course Description
It's time to learn how to make money with money. After all, when you boil it down, that is what currency trading really is.
We are now offering the chance for you to get a free glimpse of the future of trading at our Power Trading Workshop for Forex! At no cost to you, you can start learning how you can control your own order flow with the state-of-the-art software for Forex trading. View the trading platform, learn the benefits of the new ECN-like trading ability afforded you by this platform, determine if Forex trading fits into your trading plan and get started. Don't be surprised that you can use various trading vehicles such as Forex, E-minis and direct access trading in harmony for added benefit.

On-Location Forex Trading Courses (Currency Trading)

Foreign Exchange trading (also called Forex, FX, or currency trading) describes trading in the many currencies of the world. It is the largest and least regulated market providing the greatest liquidity to investors. Daily volume in the currency markets is around $1.5 trillion. By comparison, the NYSE daily volume averages $25 billion a day.
We provide the very best in Forex Training. We will teach you all aspects of the Forex trading world using the latest tools and software. You will learn to control your own order flow by using “state-of-the-art” Forex Trading Platforms with some of the best of breed Forex Dealers. You will learn how the Pros make money and learn the differences between Forex and equities trading. Decide for yourself which is the best instrument for you. Don’t be surprised to find that you can use BOTH in harmony. Forex offers 50 to 1 leverage and 24/6 trading hours – trade in the evenings, trade in the early morning before work. Learn to trade with discipline, a plan and the technical tools that the World Currency Traders use.
Whether you are a novice or an advanced trader, now you can have the most comprehensive and professional learning experience available today. We offer this experience in our physical offices and through home study materials.
On-Location Courses
Although the Internet has brought about the advent of the "virtual classroom," sometimes there is nothing better than saying "Been there, done that!" For many of you, the best way to learn something new is to remove yourself from life's daily distractions and go to a real classroom. The advantages of taking our courses in our physical locations are many:
1. Hands-On Training
Practice with real data and quotes on state-of-the-art trading software. During our courses, there is an atmosphere you can concentrate in, which is important now that we offer live trading in the classroom! You will participate in live trading with your instructor and call the trades. You will be able to practice the techniques and tactics on your own computer trading station, using the same Platform as your Instructor.
2. Education for Free
Our education programs are recognized, accepted and encouraged by leading FCM's. They will pay 100% of your tuition in the form of a commission rebate per ticket after you graduate. You may be eligible for additional tickets discounts through our affiliated FCM's, such as $5 per ticket for 60 days after you take a course - an additional savings over and above the cost of the course.
3. Emphasis on Risk-Management
We help you develop your Risk Management skill through discipline and capital preservation. You will be taught and required to develop a Trade Business Plan that the Instructor will review and comment on to ensure that you develop a winning program.
4. Multiple Locations
Online Trading Academy offers its classes in multiple locations throughout the world.
5. Trading Pros in Your Classroom and at Home
Obviously, you will have the "best of the best" in the Classroom. Online Trading Academy’s cadre of Instructors are all screened for their knowledge, past experience and their ability to communicate. Online Trading Academy also offers you a continued education for "after class" – when you need further instruction or have questions about learned techniques, Online Trading Academy will provide an Extended Learning Track - Forex Trading to help you progress and expand your skill set at home.
6. Networking
Benefit from networking and mentoring that will continue beyond the scope of our classes. Alliances, friendships and collaborations are always being formed. Having many “eyes” out there help our students to identify a potential opportunity or risk. Make some new friends and communications by phone and email.
Testimonials
"The Forex class and its instructor was phenomenal. He was very clear and understandable when explaining how to protect the money you have while making more, and then he gave us two specific trades that he has used successfully for years. Definitely doable in real life. It is great to have instructors at Online Trading Academy that teach because they love to see others making money and improving their lives."
Sherre L., November 2008
"I recommend this course to anyone that is a begining forex trader. After the class I was able to get a full understanding of the forex market and what tools I need to be a consistent trader. I recommend this class to any new trader or experienced trader. The Online Trading Academy forex class was worth it!"
Sonny P., March 2008
"They say that Simplicity is Genius. I found that attending the Online Trading Academy Advanced Forex Course gave me a better insight into how to make FX trading fun and simple at the same time. Moreover with the the option you can go back and repeat the course again, for free, any time in the future. You are truly making the best investment for your self and your future trading education."
Andy A., April 2007
"Online Trading Academy's 2 day class gives a good foundation for forex trading. I had been self taught up to this point and the instructor has 'connected' the dots for me that I otherwise would not have. I knew what I was doing right, now I know what I've been doing wrong."
Louis V., January 2007
"If you ever realize that the reason you learn more about investing and do investing is to get more cash; then why not get to the meat of it and trade currencies, it's all cash. Then Online Trading Academy is the place to begin your journey as a currency dealer-trader. You'll be glad you learned from Online Trading Academy."
Todd S., June 2003
"These courses have given me the opportunity to start on the road to becoming a successful online trader. It was a great experience."
Michael T.

7. Lifetime Membership and continuing support
Inquire today about taking an Online Trading Academy course; you may be eligible to retake the course as many times as you would like FOR LIFE. The market is ever-changing and staying current is important to every trader!
8. Superstar Faculty
When you take the class in our physical locations, you will be coached by our dedicated team of instructors, all experienced traders who have the passion to share their information with you.

What is Forex (Currency) Trading?

Introduction
Foreign Exchange trading (also called Forex, FX, or currency trading) describes trading in the many currencies of the world. It is the largest and least regulated market providing the greatest liquidity to investors. Daily volume in the currency markets is around $1.5 trillion. By comparison, the NYSE daily volume averages $25 billion a day.
The spot Forex market is the most liquid. Spot, meaning that trades are settled within two banking days. There is no central exchange of physical location. Trading takes place over-the-counter, 24-hours a day directly between the two parties of a trade over the telephone and electronically.
Participants in Forex include central banks, corporations, individual investors and speculators, and hedge funds. With the advent of electronic trading platforms, self-directed investors and smaller financial firms now have access to the same liquidity as larger market participants.
Trading, or speculation, makes up 95% of the daily volume. The other 5% of daily volume consists of governments and commercial companies converting one currency into another from buying and selling goods and services.
Forex Trading
When trading currencies, the trade is always done in pairs – currency Pair. One currency is bought and the other sold. For example, you buy Euros with Dollars, anticipating, the Euro to increase in value relative to the Dollar. If the Euro rises relative to the Dollar, you sell the position and have made a profit.
Most Commonly Traded Currencies (the “Majors”):
US Dollar (USD)Japanese Yen (JPY)Euro (EUR)British Pound (GBP)Canadian Dollar (CAD)Australian Dollar (AUD)Swiss Franc (CHF)
Commonly Traded Currency Pairs:
US Dollar and the Japanese Yen (USD/JPY)Euro and US Dollar (EUR/USD)US Dollar and Swiss franc (USD/CHF)British Pound and US Dollar (GBP/USD)
When quoting currency pairs, the first currency is referred to as the base currency and the second, the counter or quote currency. The base currency is always equal to 1 monetary unit of exchange, for example, 1 Dollar, 1 Pound, 1 Euro. The dominant base currencies are, in order of frequency, the EUR, GBP, and USD. When a currency is quoted against the US Dollar it is called a direct rate. Any currency not against the US Dollar is referred to as a cross rate.