At Al-Shuaib we take pride in creating the right forex trading strategy and help you navigate the markets with assurance.
Enter the global foreign exchange market by choosing from over 50 currency pairs- including majors, crosses and exotics. Trading with us you can expect personalized service, cutting-edge technology at your disposal, in-depth training and tutorials and complete security of your account. Get assistance from our experienced customer support staff, 24 hours a day during market hours. Choose your account type, pick your favorite currency pair and enjoy trading forex through our well-versed, client-centric trading platform.
Trade with one of the oldest forex trading companies in Kuwait. With almost two decades in the business of FX trading, we can assure you that you are trading with an experienced, recognized and regulated leading financial services provider in Kuwait.
Trade with one of the oldest forex trading companies in Kuwait. With almost two decades in the business of FX trading, we can assure you that you are trading with an experienced, recognized and regulated leading financial services provider in Kuwait.
Trade with one of the oldest forex trading companies in Kuwait. With almost two decades in the business of FX trading, we can assure you that you are trading with an experienced, recognized and regulated leading financial services provider in Kuwait.
Trade with one of the oldest forex trading companies in Kuwait. With almost two decades in the business of FX trading, we can assure you that you are trading with an experienced, recognized and regulated leading financial services provider in Kuwait.
Product | Symbol | Contract Unit | Contract Size | Instrument Type | Initial Margin | Tick Size | Contract Month |
---|---|---|---|---|---|---|---|
EURUSD | EURUSD | Currency | 100000 | Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
GBPUSD | GBPUSD | Currency | 100000 | Currency | 1000 | 0.0001 | Spot - T+2 - Max. 360 Days |
AUDUSD | AUDUSD | Currency | 100000 | Exotic Currencies | 1000 | 0.0001 | Spot - T+2 - Max. 360 Days |
NZDUSD | NZDUSD | Currency | 100000 | Exotic Currencies | 1000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDCAD | USDCAD | Currency | 100000 | Currency | 1000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDCHF | USDCHF | Currency | 100000 | Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDJPY | USDJPY | Currency | 100000 | Currency | 1000 | 0.01 | Spot - T+2 - Max. 360 Days |
AUDCAD | AUDCAD | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
AUDCHF | AUDCHF | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
AUDJPY | AUDJPY | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.01 | Spot - T+2 - Max. 360 Days |
AUDNZD | AUDNZD | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
CADCHF | CADCHF | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
CADJPY | CADJPY | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.01 | Spot - T+2 - Max. 360 Days |
CHFJPY | CHFJPY | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.01 | Spot - T+2 - Max. 360 Days |
EURAUD | EURAUD | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
EURCAD | EURCAD | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
EURCHF | EURCHF | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
EURGBP | EURGBP | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
EURJPY | EURJPY | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.01 | Spot - T+2 - Max. 360 Days |
EURNZD | EURNZD | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
GBPAUD | GBPAUD | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
GBPCAD | GBPCAD | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
GBPCHF | GBPCHF | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
GBPJPY | GBPJPY | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.01 | Spot - T+2 - Max. 360 Days |
GBPNZD | GBPNZD | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
NZDCAD | NZDCAD | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
NZDCHF | NZDCHF | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.0001 | Spot - T+2 - Max. 360 Days |
NZDJPY | NZDJPY | Cross-Currency | 100000 | Cross-Currency | 2000 | 0.01 | Spot - T+2 - Max. 360 Days |
EURMXN | EURMXN | Cross-Currency | 100000 | Exotic Currencies | 4000 | 0.0001 | Spot - T+2 - Max. 360 Days |
EURTRY | EURTRY | Cross-Currency | 100000 | Exotic Currencies | 6000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDDKK | USDDKK | Currency | 100000 | Exotic Currencies | 4000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDINR100K | USDINR10 | Currency | 100000 | Exotic Currencies | 6000 | 0.001 | Spot - T+2 - Max. 360 Days |
USDMXN | USDMXN | Currency | 100000 | Exotic Currencies | 4000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDNOK | USDNOK | Currency | 100000 | Exotic Currencies | 4000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDSEK | USDSEK | Currency | 100000 | Exotic Currencies | 4000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDSGD | USDSGD | Currency | 100000 | Exotic Currencies | 4000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDTRY | USDTRY | Currency | 100000 | Exotic Currencies | 6000 | 0.0001 | Spot - T+2 - Max. 360 Days |
USDZAR | USDZAR | Currency | 100000 | Exotic Currencies | 4000 | 0.0001 | Spot - T+2 - Max. 360 Days |
Forex trading offers a vast ocean of opportunities. There are a number of advantages to trading forex, like margin trading facility, high liquidity and the flexibility to trade round the clock from Monday to Friday to name only a few. This has led to its growing popularity since the last decade or so.
It is an essential aspect of FX trading, wherein you only need to put in a minimal initial deposit, or margin, to trade. Through the use of leverage you can hold larger positions than the preliminary deposit at only a fraction of the cost. Al-Shuaib offers leverage of up to 100:1. Needless to say that increased leverage magnifies losses as well as gains. However it is to be noted that markets can also move against you and losses can exceed your initial deposit due to sudden fluctuations in price.
Over-the-Counter Market: Forex is known to be an over-the-counter (OTC) market-therein transactions are not carried out through any centralized exchange. FX trading takes place globally, round the clock, from 5pm EST on Sunday until 4pm EST Friday. It is settled "on the spot", unlike at a set date in the future. It implies that unlike any other financial markets, investors can instantly react to volatility in prices generated by economic, political and social changes. Due to the huge oscillation in prices that currency markets offer there is never a dearth of trading opportunities.
The forex market is ongoing 24 hours a day, 5 days a week. Trading will be uninterrupted between the set trading hours for all currency pairs.
The forex market offers comparatively more liquidity than any other financial market as it is accessible to buyers and sellers worldwide and at all times, contributing to its trading volume being the maximum with a throughput constituting of US$ 5.3 trillion daily.
In other financial markets it can be difficult to sell short but there are no hindrances on shorting currencies subject to available liquidity in the currency trading market. If you think a currency will go up, buy it. If you think it will fall, sell it. A "bear market" in forex is a misnomer as you can make profits or losses any time.
Trading accounts are made up of minimal, competitive commissions and super-tight spreads. You get access to the direct quotes from our liquidity providers with no hidden mark-ups.
As the world has shrunk in terms of accessibility and reach, today’s investors seek opportunities wherever they can find them. So if you want to invest elsewhere, forex gives you the much-needed exposure and ability to seize available opportunities minus any hiccups like foreign securities regulations or financial statements in a different tongue.
Get acquainted with key trading terms that will add to your understanding of the markets and help you in making well-informed trading choices.
To put it very simply, Forex trading involves the simultaneous buying of one currency and the selling of another currency. If you have ever travelled overseas you have participated in a forex transaction by default. While travelling to another country you have bought its currency either in a bank or at a currency exchange to cover your travel expenses. Through your forex transaction, you have contributed to the aggregate trading volume of the forex market which amounts to USD 5.3 trillion daily. The Forex market also known as the foreign exchange market or FX market is the largest financial market in the world. But retail traders often deal in transactions in the spot market which is around $1.49 trillion.
Trading of currencies through a brokerage firm with the motive of earning profits can be called a more logical and organized method of trading forex. With technological advance today forex trading is accessible to anyone, in any part of the world, at any time. When you trade forex you always buy/sell in currency pairs.
The currency pairs below are called the “major currency pairs” or simply as “majors”. The U.S. dollar (USD) is there as one of the pairs in all these groupings and thus they are the most widely traded as they offer the maximum liquidity.
The currency pairs without the U.S. dollar (USD) have been named as “cross-currency pairs” or “crosses.” Major crosses are also known as “minors.” The most-traded crosses are from the major non-USD currencies: EUR, JPY, and GBP.
When one major currency is paired with the currency of an emerging economy like Singapore, South Africa or Thailand we have an exotic currency pair. These are not so popularly traded as the majors & crosses and hence their trading costs are naturally higher.
Unlike in other financial markets the forex market exists without a designated physical location or any centralized exchange. Hence all forex-related transactions are carried out over the counter electronically via a network of banks i.e. forex is an over-the-counter or interbank market. The forex market is a global one but forex transactions are mainly concentrated in the New York, London and the Asian sessions. The US dollar is the most-traded currency, constituting 84.9% of all transactions. The euro’s share comes in second at 39.1%, while yen takes the third spot at 19.0%.
For a more comprehensive understanding of the forex market we can categorize it into the following order
Interbank market: The topmost slot is occupied by the interbank market that comprises of the largest banks and a few smaller ones. They trade directly with each other or electronically via EBS or Reuters.
Electronic brokering services (EBS)/Reuters dealing 3000-spot matching:
The competition between EBS and Reuters is stiff. GBP/USD, EUR/GBP, USD/CAD, AUD/USD, and NZD/USD are more liquid on Reuters while EBS offers greater liquidity for EUR/USD, USD/JPY, EUR/JPY, EUR/CHF, and USD/CHF.
Medium-sized and small banks: All banks in the interbank market can know each other’s rates but it doesn’t imply that anyone can also clinch deals at the offered rates. It is solely dependent on your credit standing and record with them.
Retail Market Makers, retail ECNs, hedge funds and commercial companies: These institutions do not share tight credit ties with members of the interbank market and they have to execute their transactions through commercial banks at comparatively higher rates.
Retail Traders: With the advent of electronic trading and retail forex brokers today FX trading is not the sole prerogative of a few but anyone can be a part of it.
A Quote: As FX trading involves the exchange between two currencies it is quoted in pairs. For example, EUR/USD at 1.4027 shows how much one euro (EUR) is worth in U.S. dollars (USD).
A Lot: It is the minimum trade size available. The normal size for a lot is 100,000 units of a base currency. There are also mini, micro, and nano lot sizes that are 10,000, 1,000, and 100 units respectively.
A Pip: It is the smallest movement in price by the exchange rate due to market volatility. It is representative of Point in Percentage. Most currency pairs, except Japanese yen pairs, are quoted to four decimal places. For example, if EUR/USD rises from 1.4021 to 1.4028, EUR/USD has risen 7 pips.
Trading Forex / CFD's on margin carries a high level of risk, is subject to rapid and unexpected price movements, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products marketed by Al Shuaib Forex International. or its affiliates, carefully consider your financial situation and experience level, and or seek independent financial advise. If you decide to trade products marketed by Al Shuaib Forex International. you must read and understand the Financial Services Guide and Product Disclosure Statement. Viewer agrees that Al Shuaib Forex International and its employees or agents assume no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items delivered or received via this domain. Data and commentary is strictly for general educational purposes, and as such Al Shuaib Forex International. does not make any express or implied warranties of the fitness of this information for a particular purpose or use or guarantee the accuracy, timeliness or completeness of the information available herein. As a prerequisite of visitation or use of this domain the viewer agrees to indemnify and hold Al Shuaib Forex International. and its employees and affiliates harmless from and against any and all losses, damages, liabilities, costs, charges and expenses arising out of any use or reliance upon information obtained through this domain. Al Shuaib Forex International. is authorized and regulated by the Ministry of Trade and Industry as a Financial and Monetary Intermediary.