Alpari redefining online financial trading education

Against the backdrop of the trading upsurge at the Dubai Gold & Commodities Exchange (DGCX), investors across the wider Middle East and North Africa (MENA) region are increasingly looking to broaden their understanding of trading opportunities in the foreign exchange (forex) and commodities markets.
In response to the demand, Alpari UK, a global online currency and commodity broker, has introduced its concept of Alpari Academy to the region, seeking to equip aspiring as well as professional stock traders with the expertise required for managing online trading portfolios profitably.
Alpari Academy’s four-level training course is available in Arabic and English in the MENA region.
Participants above the age of 18 years are offered the option to enroll for the course in the conventional classroom format or through a webinar.
Iskandar Najjar, CEO of Alpari Middle East, said: “In the past few years, investor trends in the forex and commodities markets have undergone a radical change. This has created a significant demand for education in the field.”
In 2004, he said around 70 percent of the traders were institutional and 30 percent individuals. By 2010 this was reversed, when 70 percent of the trade was conducted by individuals rather than institutions.
“Additionally, a substantial part of the investors in the region are Arabic speaking and look for access to material in their native language for an enhanced trading experience. Alpari Academy will work to bridge this gap,” said the CEO.
Ramy Abouzaid, the training developer at Alpari UK, said: “This trading course is designed to take the Arab investor beyond the level of basics to the core of online trading.”
He said: “With this course, we seek to create a new generation of specialists that are effectively equipped to manage trading portfolios. Online trading becomes a rewarding experience only when the trader is conscious of the fast-changing market dynamics, possesses the skills needed to recognize opportunities and pitfalls, and makes appropriate decisions to maximize profit. Alpari Academy will impart education on each of these crucial aspects.”