Alpari Academy Set to Redefine Online Financial Trading Education across MENA Region

• Alpari Academy aims to support upsurge in online trading with the support of DGCX
• Four-level Course in Arabic and English Designed to Create New Generation of Trading Specialists in Region

Dubai-UAE: 31 August, 2013 – 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. Level one offers an introduction to the basic fundamentals of forex and commodity trading. Level two focuses on technical analysis, while level three tackles the microeconomic aspects of the market and their impact on trading. The conclusive (fourth) stage deals with portfolio risk management.

Participants above the age of 18 years are offered the option to enrol for the course in the conventional classroom format or through a webinar. Each level consists of approximately seven hours of coaching spread across five consecutive working days. The format allows participants to complete the entire course in the span of one month.

Alpari Academy's launch in the Middle East complements and builds upon its existing operation in regions such as Europe, America and India that offers customised instruction in virtual trading in line with the regulations and market dynamics of the respective geographies.

Speaking during Alpari Academy's inaugural class in Dubai, 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, around 70 per cent of the traders were institutional and 30 per cent individuals. By 2010 this was reversed, when 70 per cent 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.”

Elaborating on the Academy's course offerings, 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. 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 recognise opportunities and pitfalls, and makes appropriate decisions to maximise profit. Alpari Academy will impart education on each of these crucial aspects.”

More information on the course is available at www.alpari.ae/alpari-academy