Even though
Dubai has suffered a meltdown in 2009 because of the economic recession, the
emirate has been seeing a significant rise in volumes of trades indicating its
rebound from its biggest financial crisis. Dubai’s economy, which contracted by
2.4% in 2009 is anticipated to expand by as much as 5% this year, as stated by
economists.
Much has
been said about the potential of Forex trading as an online business whether in
Dubai UAE or other parts of the world. In fact, it could be the most lucrative
online business around provided that a trader has enough knowledge and
experience.
While Forex
trading in Dubai can be done physically through many brokers’ physical delivery
service, there are several reasons why trading online is preferred by most
traders. Below are the major ones: