Company News by ForexMart

We want nothing but the best for all our clients – and that includes prioritizing your funds and interests.

ForexMart is a member of the Investor Compensation Fund, a fund conceived by the Section 17 of the Investment Services and Activities and Regulated Markets Law of 2007, which states every Cypriot investment firm must be part of the Fund. Its main objective is to secure claims of the covered clients in the event the company in question fails to perform its obligations, specifically:

* Return the funds owed or belong to the covered client
* Turn over the financial instruments to the customer entrusted to the member firm.

The fund will pay the compensation for the affected client, subject to the existing legal and contractual terms. However, individuals with ongoing criminal proceedings are prohibited from making claims, as per Prevention and Suspension of the Legislation of Proceeds from Criminal Activities Law of 2007.

Compensation payable to the covered client will depend on the prevailing rules and company's books. It is computed by adding all the total established claims of the client against the firm, stemming from all the services rendered by the entity. As of present, the amount paid to the covered clients is €20,000.

ForexMart, with license number 266/15, is authorized and regulated by the Cyprus Securities and Exchange Commission. A European Securities and Markets Authority (ESMA) member, CySEC is the independent financial regulatory agency of the Republic of Cyprus.

CySEC is responsible for overseeing financial transactions in the stock exchange, as well as its listed companies, brokers, and brokerage firms in order to protect investors and develop the securities market.

ForexMart has a cross-border CySEC license, permitting investment and ancillary services. We adhere to the regulations set forth by the European Financial Instruments Directive (MiFID) and the Cyprus Investment Services and Activities Regulated Markets Law of 2007.

MiFID (Markets in Financial Instruments Directive) is a European Union Law, which provides a harmonized regulatory regime for investment services across the European Economic Area. The main objectives of the Directive are to enhance the transparency of financial operations, to increase competition and offer a greater degree of consumer protection to clients of financial services firms. The activities and services of ForexMart comply with MiFID requirements. All documentation and procedures are consistent with MiFID rules.

We are pleased to announce our participation at the upcoming ShowFx World Conference in Moscow on March , 12.

ForexMart is establishing the presence in Russia. Followed by launching the Russian version of our website the Company is taking part at one of the most well-known financial conferences in Russia and CIS countries.
We truly hope that this event will become the turning point for expanding our business in Russia.

Moscow lies at the very heart of the economic, financial and business life of the whole country. All the nation’s financial resources are concentrated in the capital.
It promises to be a jet-setting finance professionals traditional venue.

Showfx World international exhibition brand is famous for its large-scale events and highly regarded among the members of Forex Society .
We are happy to meet the opportunity of presenting new trading conditions and fresh ideas for earning money in Forex trading directly to partners and clients.

Exciting speakers presentations, surprise gifts and raffle prizes are expected.

The exhibition will be held at Hotel Metropol, 2 Teatralniy proezd 109012, Moscow, Russia.

Free entry for all visitors.

Great news to all traders in Russia!

ForexMart, continuing to open more doors to all the traders around
the globe, has made our website available in Russian language as well.

If you wish to view the site in another language, visit the ForexMart homepage, click the flag icon on the upper right portion of the website, and select Russian flag. All the contents will automatically be translated to Russia.

We, as your dependable trading partner, endeavor to make your trading experience more comfortable and convenient. Keep checking our website from time to time as we make it available in other languages, too. Meanwhile, if you want to open a ForexMart account, visit our homepage or sign up here.

We wish you a rewarding trading ahead!

The current contest has already started on October 24, 2016 and will end on October 28, 2016.

You can register for the next competition which will take place from October 31, 2016 to November 4, 2016 (Terminal time)

Note:
Registration for the next competition finishes 1 hour before the contest starts.

EU Exporters Could End Up Paying Higher Tariffs to EU Than Vice Versa

EU enterprise exporting goods would pay higher tariff to Uk compared to the other way around. Around £12.9 billion are to be paid by EU enterprises just on tariffs alone after UK leaving EU and should Britain come in terms with the World Trade Organization. In exchange, UK enterprise exporters has to pay around £5.2 billion for tariff in a year. This implies the significance for both parties to settle their post-Brexit trade deal. A study has been conducted showing 22 out of 27 EU members are found out to pay higher tariffs regarding exports to UK.

Additionally, the act of Belgium to not agree regarding the Comprehensive Economic and Trade Agreement (Ceta) between EU and Canada which has been an issue recently. Nevertheless, a representative of the campaign, Chris Grayling, said that this would not be a hindrance to settle an agreement with the British trade deal with EU.

China Reassures Investors to Impede a Six-year Low


Chinese Yuan is depreciating nearing a record low in six years. The government is finding ways to hinder the process and recover from this impending threat. However, the deputy Governor of People’s Bank of China (PBOC) said that there is no grounds for a relentless decline and they stopped it from happening.


China is giving off signs that the currency is being carefully monitored and investors should be careful in their trading positions against the currency. Despite this information, this would have much of an impact considering past connotations to the problem since the driving force is the appreciation of dollar.


The PBOC is saying if volatility arises, investors should not be agitated as they would definitely do something to stabilize the situation. China has already eased the local bonds and abandoned the necessity for inbound investment program quotas.

Demand for Manufactured Capital Goods Weakened


The manufactured capital goods from America fell by 1.2% in September despite three consecutive months of gains. The demand for computers and other electronic products slowed down which is expected to affect business spending in the last quarter of the year.


Demand for new heavy machineries has been reduced because of the predominance of used construction equipments while the demand for transportation equipments declined by 0.8% that impelled durable goods lower by 0.1%. On the other hand, orders for electrical equipments and machineries including appliances has risen last month. However, this may shift course to a better predicament since the dollar appreciated as well as the oil and gas drilling activity has improved in the past months.

Inflation Rate is Expected to Soar in 2017


The inflation rate is said to increase up to 4% in the second half if 2017. It is even higher than the forecast last August but the Bank of England is expected to further increase the rates. Although, there are obstacles in the economy that limits the growth.


The Consumer Price Index grew by 1% in September even higher than 0.6% increase in August, This has been the highest rate for almost two years caused by the higher costs of clothing, oil and hotel and is expected to increase the consumer prices in the next months to come that would only be transient. The last CPI inflation was back in 2011 that increased up to 4%. In effect, households will undergo changes in their standard of living which is worsen by the fall of pound. Moreover, this would suppress the consumer purchasing power.

Gold, CHF Surges, Stocks Drop Amid Heightened US Election Anxiety


The stock market plummeted to its lowest levels since July, while the CHF surged along with gold prices due to an increase in market anxiety with only a week left before the US presidential election commences. As Trump edged past Clinton in the presidential polls, the prices of equities experienced a selloff with regards to high-risk assets, while the Mexican Peso (MXN) caused massive losses among the major currencies, especially since this particular currency is now seen as a gauge for the market’s sentiment with regards to the results of the elections. Safe haven currencies such as the CHF and JPY surged after traders sought to avoid high-risk investments. Treasuries held fast to its gains, while gold prices increased and reached its highest levels in over a month.