The METROPOL Group of Companies started entering the FOREX/CFD foreign exchange market as the main FXCM introducing broker in Russia. The cooperation agreement between the companies was signed in March 2012.
Aleksey Rodzyanko, Chief Executive Director of IFC METROPOL, says: “In unstable market conditions we feel the need to diversify our business and the range of financial products we offer to our clients including entering the Forex market. It has a fairly large capacity and grows by approximately 20% each year. This market seems quite promising to us”.

Russian clients can get access to FXCM products through Metropol (UK) Ltd., a member of the METROPOL Group of Companies. Local support to FXCM clients is provided by the METROPOL Group of Companies head office in Moscow. The corresponding structural unit was created within the investment and banking block of the Group. Vera Morgatskaya was appointed the manager of the Metropol-FOREX project.

Arthur Plaude, Managing Director, Fixed Income Department, notes: “We have been researching this market and carefully reviewing partnership options for a long time. There are a lot of international brokerage firms, but FXCM is the only one that is listed on the New York Stock Exchange, which guarantees its accountability and financial stability. The FXCM team includes product developers, analysts and training specialists. As the FXCM introducing broker in Russia, we are sure that we offer our clients a high quality competitive product”.

Vera Morgatskaya, Metropol-FOREX Project Manager, says, “FXCM is one of few Forex companies whose activities are reliable and high-tech at the same time. Using the Non Dealing Desk technology, FXCM works directly with major liquidity providers, that is global financial institutions”.
Non Dealing Desk automatically processes transactions of any amount without dealer’s participation with the use of various trading strategies.
“FXCM offers a wide range of trading instruments: over 60 currency pairs including the ruble as well as oil, major world indexes and precious metals. For the convenience of clients, various point-of-sale terminals can be used from one account”, says Vera Morgatskaya.

By the end of this year the METROPOL Group of Companies plans to acquire several hundreds of active clients.

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About the Company

FXCM is one of the leading Forex brokers providing access to the international exchange market to a wide range of investors. The company is traded on the New York Stock Exchange. The Company has over 200 thousand active trading accounts and the total average monthly turnover of approximately 500 billion dollars (as of May 2012).
www.fxcm.com