Alex Borzak
If you have been in the international FX trading environment for a while, you probably know that few companies operating in the environment can boast almost 100% transparency. More often than not, the very lack of transparency results in various kinds of tensions and misunderstanding between the broker and the client.
Well, this makes a lot of sense if to dive deeper into the core of the problem. No one wants to work with a shady guy trying to hide something from you. In this case, you are always tense and waiting for the guy to play some dirty tricks on you. This is not what financial trading should be.
Each and every broker and dealing center claims that they are client-oriented, transparent, open, honest, and reliable. More often than not, these are just empty words backed by nothing but empty promises. Sometimes, those statements are hard to prove or disprove without giving the broker a decent test. However, those tests may turn out to be rather costly for the tester.
On the other hand, some companies are not afraid of being completely transparent. FXTM is one of those companies. ForexTime (FXTM) is a major international FX broker operating in over 180 countries of the world. The company provides their clients with in-depth comprehensive stats related to everything, including transactions, technologies, services and trading performance. By the way, the company is licensed and regulated by CySEC and many other European financial regulators and is subject to MiFID. It also participates in Investor Compensation Fund.
Not so long ago, FXTM decided to make another huge step towards full transparency. The thing is that the company launched some kind of a transparency indicator for the client. To be more specific, the solution is implemented in the form of statistics backed by a major auditor. Let’s take a closer look at the indicator.
FXTM Reveals Performance Stats
FXTM verifies and reveals the company’s performance statistics in order to improve the industry’s transparency standards and show the international community what real transparency in FX trading is all about.
Since FXTM has been truly committed to 100% transparency, the company’s stats have been audited and verified by PricewaterhouseCoopers Limited (PwC) upon request and in accordance with International Standard on Assurance Engagements (ISAE) 3000.
We remind you that PwC is know as a major financial auditor enjoying excellent reputation in the international financial community. The mentioned audit based on ISAE 3000 is one of the key facts proving that ForexTime is a truly client-oriented broker acting so as to be open, secure and transparent to the client at the same time.
When it comes to client satisfaction and decent services, FXTM makes sure that their clients get the ultimate experience they deserve, while enjoying excellent trading conditions, fast services, and friendly support.
The client is approved in less than 12 minutes.
Over 84% of transactions are processed within 5 minutes.
Over 90% of client feedback is positive.
On top of that, FXTM back lightning-fast execution speed, which means that client orders are processed and executed at no time. At the same time, the company makes sure that the execution is always at the best price. There is even positive slippage, which means that if the price moves in your favor during execution, you always get the best pricing at the moment. At the same time, negative slippage is reduced to the minimum and has already become an industry standard.
When it comes to re-quotes, this is not a problem for FXTM. The thing is that FXTM enjoys a deep liquidity pool thanks to top-tier banks and other liquidity providers. This allows the broker to fill client orders even when during extremely volatile markets. The re-quote rate has gone down close to zero and the company is still working hard to make it equal to zero. Basically, this is what FXTM is all about.
The bottom line is that all FXTM clients can enjoy ultimate trading experience and increased trading performance thanks to the company’s innovative solutions like FXTM Invest and PAMM accounts coupled with unrivaled trading and investment conditions, cutting-edge software, and various bonuses and loyalty programs. With FXTM, you are doomed to succeed!
Alex Borzak
