The foreign exchange market, or forex, is like a global marketplace where people trade different currencies. They can buy, sell, exchange, or bet on how the value of one currency compares to another. According to IMARC Group, the global foreign exchange market size is expected to reach US$ 1,466 Billion by 2032, exhibiting a growth rate of 6.92% during 2024-2032. As one of the leading financial hubs in the Middle East, Dubai has become an attractive destination for investors and businesses seeking opportunities in various sectors, including foreign exchange trading. If you are wondering how to start forex trading in Dubai, you are at the right place! Many entrepreneurs wonder: Is forex trading legal in UAE? The answer is yes. Forex trading is indeed legal in the UAE. In Dubai, UAE, forex trading is a favored source of income for numerous foreign investors and entrepreneurs. Dubai’s strategic location and top-notch infrastructure add to its appeal as a forex trading hub.
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