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Gulf Brokers Winning Best FX Broker Asia at Forex Expo in Dubai 2020

Gulf Brokers, one of the worlds leading brokers and online trading platform providers, confirms the award achievement announced today by the Forex Expo in Dubai. According to the traders’ vote, Gulf Brokers was awarded the Best FX Broker Asia price as well as the Best IB Program award.

Gulf Brokers Winning Best FX Broker Asia at Forex Expo in Dubai 2020

Gulf Brokers has thus fruitified its exceptional results in terms of a number of accounts opened (5,000+), the volume of trades (USD 24+ bn)*, and 700 % growth in a number of clients this year in YoY comparison.

The Forex Expo is an event for forex professionals to learn and explore to in FX trading Business. With more than 3,000 traders’ community, it is one of the major events of this kind in the world. More than 50 forex brokers participate plus there are about 40 speakers from 30 nationalities all around the world.

This amazing event was taking place for the 3rd time in 2020 continuing the tradition of choosing the BEST COMPANY in every particular region where THEFOREXEXPO series organized by FXWeekly has been presented. The procedure is quite simple: each company which participates with THEFOREXEXPO project can become a nominee. The winner of each nomination is chosen by traders’ open voting in the MENA region.

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Top 5 winners and losers of 2020

Top 5 winners and losers of 2020

Wall Street and market participants witnessed a volatile 2020. Almost every stock rebounded from the March low and US indices climbed to record highs. During the first quarter of 2020, the stocks plunged due to the coronavirus pandemic. The strong recovery of US equities has been supported by optimism around potential COVID-19 vaccines and the Federal Reserve pumped liquidity into the market.

Markets cheer a Biden victory; What next?

Markets cheer a Biden victory; What next?

Stocks and oil prices cheered the confirmation of Joe Biden’s victory which means a more generous stimulus package to be deployed as soon as possible. The recent rally also supported by more upbeat news on the coronavirus vaccine. Meanwhile, Donald Trump rejected the outcome of the U.S. election, mounting legal action against vote-counting in states where he lost.

Few notable financial market movements after the US election outcome: