Metropol-FOREX Presented to the Press
On 11 July 2012, at The Ritz-Carlton, the METROPOL Group of
Companies presented to the press a new direction in its activities
– services for entering the Forex market.
Russian clients can get access to FXCM products through Metropol
(UK) Ltd., and local support to FXCM clients is provided by the
Moscow office of the METROPOL Group of Companies.
Aleksey Rodzyanko, Chief Executive Director of IFC METROPOL, opened
the press conference. “We feel the need to diversify our work and
expand the range of financial products. Our clients can now access
the Forex market. We are the main introducing broker of FXCM in
Russia. FXCM is a large international company. It is listed on the
New York Stock Exchange, and its activities are strictly regulated.
Our partners are responsible for their actions and for the quality
of their services”, said Mr Rodzyanko.
Arthur Plaude, Managing Director, Fixed Income Department,
provided additional information about METROPOL’s new partner. As he
noted, “FXCM is a successful company. It has access to capital. It
hires the best specialists in the Forex market and developed the
best product - technological, analytical and educational. The main
distinction of FXCM business model from others is that FXCM is on
the clients’ side. The company does not act as the second party to
a transaction as generally happens on Forex where all companies
have dealer desks, and clients sell or purchase currencies from
their dealer. In case of a large one-sided stream of requests, a
dealer is interested in driving the price up or down. FXCM
does not take clients to the monetary exchange. The Company gets
its own mark-up and a small commission fee from transactions.
Transactions are made within seconds at best prices provided by
leading global liquidity suppliers including Citigroup, Goldman
Sachs and Morgan Stanley as well as other clients that put their
bids in the system and provide for additional liquidity. FXCM
also has the best analytic tools in the Forex market. The Company’s
team processes news and develops analytical materials 24 hours a
day. These materials are now available in Russian on the website of
Vera Mogratskaya, Metropol-FOREX Project Manager, told more
about the technologies used by FXCM in its work: “FXCM is a company
that combines two factors in its work. It is maximum reliability
for clients and a highly technological product. FXCM uses the non
dealing desk technology which allows processing client transactions
of nearly any amount without dealers’ interference. A majority of
players in this market does not provide such option”.
Vera Morgatskaya also said that the Company offers a wide range of
trading instruments for its clients including over sixty currency
pairs including the ruble, oil, major world indexes and precious
metals. FXCM offers a selection of several terminals that
include the Trading Station developed by the Company and
MetaTrader, a platform well-known in Russia and around the
world. The main advantage is that when signing a contract
with FXCM, a client obtains the access both to Trading Station and
MetaTrader. These platforms can be used both from a computer
and a cell phone. Arthur Plaude showed how the platforms can be
used with a cell phone.
FXCM offers several kinds of trading accounts for various groups
of clients: first-time users, more advanced users and
professionals. First-time users are recommended to open demo and
mini accounts, study the trading technology and technical
capabilities of the platforms.
More experienced clients can use standard accounts. FXCM offers
beneficial terms for professional traders and corporate clients.
For giving instructions on FXCM clients use a convenient personal
The reports were followed with numerous questions from the
journalists regarding the present and future of the Forex market
and FXCM technologies that are now available to the METROPOL
Petr Kadysh, Svetlana Deyneka and Vera Morgatskaya talking
behind the scenes
Aleksey Rodzyanko, Chief Executive Director of IFC METROPOL,
opening the press conference
Presentation by Arthur Plaude, Managing Director, Fixed
Metropol-FOREX Project Manager talks about the new
Arthur Plaude about the Metropol-FOREX
Talking with reporters
Talking with reporters