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Company News by ForexMart
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Andrea ForexMart
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#21
21.12.2017, 06:14

BoE will Keep the Normal Rates After Brexit



The Bank of England allows the financial institutions in the country to proceed with their selling transactions in the United Kingdom without the need for expensive subsidiaries after Brexit, despite the divorce deal between London and Brussels becomes unsuccessful as reported by the BBC.


The decision of the central bank will be publicized at 1300 GMT on Wednesday. These would ease problems to be faced by the European banks as they offer wholesale services in London that follows New York as the world’s financial capital.


Concerns regarding their requests for business hours, the BoE haven’t responded out of it. There are unidentified reports saying that the government and sound sources that the decision is supported.


The proposal of BoE would affirm for goodwill from Britain in Brexit talks that seek to maintain London as the financial center and manage more banks.  


There are more than 100 branches of lenders that operate in London which is headquartered in London. In the present, banks in Britain functions under EU “passporting” rules, which will end in March 2019 when Britain leaves the bloc.
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Andrea ForexMart
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#22
22.12.2017, 10:32

Deposit Insurance


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.
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Andrea ForexMart
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#23
29.12.2017, 05:34

Bank of Spain Seen Growth in Spanish Economy



According to the central bank of Spain, robust export could possibly help increase the country’s economy by 0.8 percent quarterly rate over the past three months of 2017 amid the unfavorable consequences brought by the Catalan political crisis.


The Spanish economy is expected to grow by 3.1 percent this year, however, the government has to revise the outlook for 2018 by 2.3 percent versus the initial estimate of 2.6 percent due to risks generated from the already separated regional government of Catalan that urge of its
independence last October.


On Wednesday, the central bank further mentioned that buoyant exports generally created for the economic fallout in wealthy Catalonia. The projections and official data are scheduled to be released next month by the National Statistics Institute.


Currently, Spain is one of the fastest-growing economies of the European Union after emerging from the collapse in late 2013.
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Andrea ForexMart
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#24
08.01.2018, 04:57

ForexMart - Callback Service

We are more than ecstatic to attend to all your inquiries and needs. Upholding our firm commitment to be your reliable trading partner, ForexMart wants to help you in every step of your trading journey.

If you are having any trouble calling our customer service, you may get in touch with us using our callback service. The feature is primarily designed to address all client queries as fast as possible. With this service, you can request to get in touch with one of our managers at your most convenient time. Ask and we shall call you back.

All you need to do is to provide your contact details and indicate your preferred callback time by filling up the form. Our Sales Department will respond to all your concerns within 24 hours. For other questions, please do not hesitate to contact us.

The service is free of charge and can be used by all our clients. Here's to wishing you a successful trading!
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Andrea ForexMart
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#25
10.01.2018, 09:04

Macron Signed Trade Deals with China



French President Emmanuel Macron had an official visit to China for the first, securing multi-million worth of euro business agreement and Chinese President Xi Jinping acknowledged future relations between France and China.


France was the first western country to seal diplomatic relations with the People’s Republic of China in 1964 and the visit made by Macron indicates high regard between the relationship of China and France. The French leader walked through the Forbidden City along with his wife Brigitte and some students from the French international school.


The talks of the two leaders were all about the “Belt and Road” initiative aimed to improve trade links with China towards central Asia, Europe, and southeast Asia. They also tackled about environmental issues during the visit and Macron stated in Chinese language to “Make our planet great again” in Chinese, as regards to the decision of Donald Trump to pull out the United States from the Paris agreement on climate change. Aside from advancing trade links, Macron tries to reduce the trade deficit of France with China worth €30 billion (35.8 billion USD) and to have a better access towards the Chinese market.


During the signing ceremony, both Presidents signed 50 trade deals which include the strategically key sectors of nuclear energy and aerospace. On the other hand, the aeroplane business Airbus is scheduled to seal a  multibillion-euro contract with China and Chinese e-commerce company JD.com disclosed their plans of selling French products to Chinese consumers amounted to €2 billion for the next couple of years.
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Andrea ForexMart
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#26
17.01.2018, 09:34

Australian Confidence Index Surged Again



Based on the ANZ-Roy Morgan survey, the consumer confidence of Australia increased more than four-year high during the first week of the year. While the majority of Australians are enjoying the holidays, the question arises whether or not the surge was actually influenced by the positive confidence levels or the advancement was only temporary.


As a matter of fact, upon the publication of the initial report for 2015, the ANZ mentioned last week that confidence levels suddenly rose after the Christmas-New Year period. This could also probably driven by the fact that Australians are certain about their respective finances as well as to the current condition of the economy. According to the poll held last week, the confidence levels had a strong boost again.


David Plank, ANZ Bank Head of Australian Economics, mentioned that the positive development in the previous week showed a better sentiment in connection with the present financial and economic status, along with the projections for household expenditures.


This helped negate small declines in the sentiment of finances during the year ahead, while the economy in the next five years is predicted to fall by 0.2% and 0.5% respectively, with partial reversal of strong profits according to report last week.


As the current finances subindex picked up, the final component in the survey also showed some optimism on its forecast for consumption with an increase of 3.4 percent.
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Andrea ForexMart
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#27
30.01.2018, 08:32

New Account Currencies Available



Good news to all traders! There are new currencies that can now be used as base currencies. These are Malaysian Ringgit (MYR), Indonesian Rupiah (IDR), Thai Baht (THB) and Chinese Yuan (CNY).


You can also use these currencies to deposit/withdraw funds to your account and participate in trading. To make it more convenient for ForexMart’s clients, it can be paid directly without the need for conversion. You can visit our registration page to open an account with these new currencies.
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Andrea ForexMart
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#28
06.02.2018, 02:40

The current contest has already started on February 5, 2018 and will end on February 9, 2018.



You can register for the next competition which will take place from February 12, 2018 to February 16, 2018


Note:
Registration for the next competition finishes 1 hour before the contest starts.
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Andrea ForexMart
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#29
28.02.2018, 05:28

The current Money Fall contest has already started on February 26, 2018 and will end on March 2, 2018.


You can register for the next competition which will take place from March 5, 2018 to March 9, 2018.


Note:
Registration for the next competition finishes 1 hour before the contest starts.
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Andrea ForexMart
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#30
14.03.2018, 04:58

Account Verification

 
Verify your ForexMart account to access all our services. Please take note this process can only be done on our website. If you do not verify your account, you may not be able to fully access our services.


Account verification is easy and simple. Just provide a scanned copy of a valid ID or passport and a proof of residence. We do not accept electronic bank statements and electronic utility bills.


After sending the requirements, our account team will look into it. You will receive an email validating your account or requesting additional documents for the verification process within 72 hours after uploading the requirements.



For more details regarding Account Verification, kindly follow this link: https://goo.gl/eVHCno


Thank you and have a nice day!
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