FXTM Company News

In line with our commitment to deliver world-class trading education to the financial industry, FXTM was proud to be a part of the Middle East Investment Conference (MEIC) in Abu Dhabi on Thursday, 23 February, 2017.

Hussein Al Sayed, FXTM’s Chief Market Strategist and CNBC Arabia Anchor, was a special guest and speaker at the event, delivering an insightful presentation entitled “Currency War: Is it over, or is it the next big financial crisis?”

Highlights of Sayed’s presentation included:

• The historical nature of currency wars, and the benefits they can bring.
• The cold currency war after the 2008 financial crisis in the US.
• The role of central banks during competitive devaluation of currencies.
• The consequences of a currency war in the Trump era.

FXTM is excited to announce that it has now added Baidu Pay, the payment service developed by China’s biggest search engine, to our growing list of payment options!

As the largest Chinese website in the world, Baidu enjoys internet traffic of up to 730 million users, putting Baidu Pay in a great position to become one of the most popular e-wallet services around.

Why use Baidu Pay?

• Exclusively available to traders from China, Taiwan, Singapore and Hong Kong
• Traders can fund their accounts instantly in USD with the Scan & Pay Feature
• Available on all popular mobile operating systems: iOS, Android, Windows, Symbian, Blackberry
• Enjoy no deposit limits
• With low fees and quick processing, payments have never been easier

Enjoy full control in the palm of your hand, make your first deposit using Baidu Pay today! If you already have a Baidu Pay account, simply login to MyFXTM to make a deposit.

Or you can create a Baidu Pay account right here. 

Still not trading with a global award winning broker? Open your account today!

In March 2017, FXTM Partners hosted three unforgettable ‘Ultimate Trading Formula’ events in Indonesia, presented by FXTM’s Head of Education, Professor Andreas Thalassinos. 

These insightful events kicked off with an Ultimate Trading Formula seminar in Surabaya on 25 February, at the exquisite Four Points by Sheraton Hotel. The full-day seminar welcomed 60 excited attendees as they participated in Mr. Thalassinos’ renowned interactive and certified classes.  

The following day, an exclusive 2-day workshop was held, where 30 lucky participants had the opportunity to get an extensive look into the topics that were covered the day before:

• Understanding Fibonacci levels and their practicality
• Proper risk management and capital preservation practices
• Effective trading strategies

The Professor then traveled to Jakarta on the 28^th of February, where 50 trading enthusiasts were ready to begin a 3-day intensive workshop,that would provide them with a thorough insight into the world of trading. Some of the topics covered in the workshop were:

• Proper identification of Tops and Bottoms
• Recognising reversal patterns
• Entry confirmation signals to look out for

On 25 and 26 February, 2017, FXTM Partners organized two fantastic forex events in Vietnam. Firstly, a panel discussion co-hosted with Vietstock.vn – the leading information portal on finance and securities concerning the Vietnamese market. Jameel Ahmad, FXTM’s VP of Market Research and Corporate Development, presented the “Effects of Macroeconomic factors on the Commodity & Currency Market in 2017” at the event which took place in Ho Chi Minh City at the Metropole City Hotel.  

Highlight topics included:

• Donald Trump, Brexit and other political uncertainties driving the markets.
• OPEC and Non-OPEN members collaborating for the price of Oil.
• The state of Gold as a safe haven.
• The strengthening of the US Dollar.
• And much more! 

This was followed by a lively panel discussion which featured Ahmad, who was asked about the best performing and highest fluctuating commodities and currencies in 2017. He also had the opportunity to discuss some FXTM investment and educational services, which attendees were eager to learn about.

The event concluded with a Q&A and a chance to network with local investors, traders and general forex enthusiasts.  

The following day, a 2-hour seminar at the same venue featured Ahmad’s Market Outlook for 2017. He discussed the driving force of political uncertainty in the markets and the effects of world events on emerging markets such as Vietnam, among other topics.

Both events had a fantastic turnout, proving that a large population in Vietnam are enthusiastic about forex and investing in the markets.

Jameel Ahmad, FXTM’s VP of Corporate Development and Market Research, was a recent guest on CGTN, previously known as CCTV News. On 21 February, 2017, Ahmad shared his insights and opinions about the major factors driving market sentiment and what investors should be keeping a close eye on.

Summary of talking points include:

• Main causes for the strengthening Dollar.
• What USD strength means for emerging market currencies, including the RMB.
• Current trends and influence of global policies.

Please see the interview below:

CGTN (China Global Television Network) is part of the China Central Television broadcaster, which is made accessible to more than one billion viewers.  

To get your daily dose of market insights, be sure to bookmark FXTM’s Daily Market Analysis page.

Interested in trading with a global award-winning broker? Open your account today!

Disclaimer: The content in this article/video comprises personal opinions and ideas and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

Due to the beginning of Daylight Savings Time taking place on 12 March, 2017, in the USA, and 26 March, 2017, in Europe, the FXTM trading schedule will be changed in order to accommodate the time difference.

Please refer to the tables below for the schedule of all the instruments that are subject to changes.

From 27.03.2017 onwards trading sessions for all instruments will be as listed below:

*All hours are provided in EET (Eastern European Time) – Server Time in MT4.

Please note that in the event of decreased liquidity in the market, FXTM can switch trading on low-liquidity instruments to "Close only" or can close all trading on these instruments.

If you have any questions regarding the changes to the trading schedule please contact your dedicated account manager.