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Tadawul FX Offices Officially Open in Budapest

Tadawul FX is pleased to announce the official opening of its representative offices in Budapest, in order to better serve the growing market in Hungary.

Due to huge growth in our Hungarian client base over the last year and interest in Tadawul FX services, the decision to set up a Hungarian base in order to meet the needs of traders was made.

As a licensed and regulated broker, Tadawul FX can offer clients increased security for their funds, through an investor compensation fund as well as strict regulation and adherence to requirements from CySec and the MiFID Directive. For clients in Hungary, the Budapest office will offer 24 hr support in Hungarian through a team of local professionals with a background in forex and finance.

Hungarian traders will be able to complete all the account opening, support, and trading procedures in their local languages and will have direct contact with the Budapest team for any support issues. The offices are based in the exclusive business centre, Capital Square in Váci út. All account procedures, trading and administration will continue to be executed by the head offices in Cyprus.

Ramzi Chamat, CEO & Partner of Tadawul FX says: “Hungary is a country of extreme potential and with its exponential growth rate over the past twelve months and increased interest in Tadawul FX as a result of that growth, the decision was not a difficult one. At TDFX we aim first to always maintain the highest level of online forex services to our traders and so as the market increases, we are now better placed to fulfill our promise of being a provider of a comprehensive range of forex trading services to our Hungarian clients.”

Heading up the Hungarian team is office manager Erika Óvári, who has over 10 years experience and a proven track record in forex trading, with a focus on superior customer service.

The new Tadawul FX Representative offices in Hungary are located at:

 Capital Square,

Váci út 76, 3^rd Floor,

1133 Budapest,

Hungary

The offices will operate four telephone lines in addition to virtual support via email:

+36 1 883 0397

+36 1 883 0364

+36 1 883 0331

+36 1 883 0320

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