TorFX’s Post

I’ve come to notice a lot of FX brokers love to lie to prospects as a last resort to try and register them, I haven’t been in the industry long but I’ve found it very common to hear from clients how other brokers quote the interbank rate just to try and win business then move their margins once registered. It honestly astounds me as it’s utter lies - nobody works for free. At Capex Currency we strive to be as transparent as we can, my Director Daniel Capps has been in the industry over 15 years and has installed the correct way to win clients since my first day : • Competitive exchange rates • Highest level of service • Full transparency • Tailored strategies Not selling prospects a dream that will disappear as soon as they’re signed up. I’d love to hear everyone else’s experiences and thoughts regarding the industry.

New Product Features 💹 It's always been both difficult and inconvenient for #SMEs to identify their hidden #FX charges. Our automated Currency Cost Calculator serves to facilitate accurate financial reporting and transparency for stakeholders (i.e. #Finance Directors). Having been used thousands of times over the past 6 months, it was time to take enabling #transparency one step further. SMEs can now select their annual #payment volumes to gain insights into what their FX provider is approximately charging them on an annual basis, based on the #spread applied. In doing so, businesses can identify the most #cost-effective solution among alternatives, whilst ensuring that they do not fall victim to inconsistent and unfair #pricing. For EMIs and FX brokers using Spreadm8, we will implement this product feature shortly. Free Cost Calculator: https://lnkd.in/gdnyTftv

As a trader, I saw profitable swaps moved to the dealing account to recognise the P&L. The losing deals were accrued, where the loss was spread over several years. You wouldn't expect this today but if you look closer something similar still goes on. #RiskManagement #Treasury

#eurusd #fxtrading #forex #passiveincome #lettheprosdotheworkforyou Managed FX accounts PAMM -(percentage allocation money management) Foreign Exchange can be complicated but getting started doesn’t have to be. Joining Day Trading through managed FX accounts is done in just two steps: •Register and open an MT4 account through our regulated broker •Enroll in Day Trading PAMM account •20% performance fee based on high watermark •Monthly mark-to-market •No additional fees •Verified trading results via Myfxbook https://lnkd.in/epiePdQy

Direct Bank Deposits 🏦💸 Finior Capital allows direct deposits into local banks, making the process faster, easier, and more secure. Experience hassle-free transactions with us. Learn more. #DirectDeposits #SecureTrading #FiniorCapital __ FX and CFDs trading involves a high level of risk, you may lose all your invested capital.

FX brokers should not force IBs to have a Net Deposit, unless the IB has a cooperation agreement for that, then that is normal. IB expects its clients to win when trading. And if an IB has an agreement, if they get a net deposit, they will get a salary or prize. It is possible that the MIB or IB will not give a signal to their clients. #Forex #IB #MIB #FX

〰 Same-day FX settlement As long as we receive our clients’ funds before the given cut-off time, the currency conversion will settle on the same day to their beneficiary. One of the key benefits of same day transfers is it gives our customers immediate access to funds, therefore shortening supply chain time as their distributor will receive the payment promptly. Furthermore, by settling transactions on the same day, we secure and lock in the rate of exchange as soon as we get the confirmation to proceed. This eliminates the risk of adverse market conditions and ensures certainty in the amount of currency paid or received. This results in our customers trusting us as they know we are reliable in settling payments to their beneficiaries with ease. ✉️[email protected] ☎️ 0207 183 7928 #samedaysettlement #cashflow #fx

reputable fx brokers VS traders Within years We served thousands of traders and acts as a balance between brokers and traders. We protect both parties by keeping harmful traders away from reputable brokers and protecting normal traders from potential scams. We believe that the fx brokerage game has rules that must be respected by all parties involved, including brokers, IBs, and traders. Our goal is to keep the market clean and fair for everyone. We do not sell traders' funds, profits, or losses to brokers for commissions. Similarly, we do not sell brokers or LPs to toxic traders. With years of fighting to keep the market clean, we are proud to offer a safe and reliable fx brokerage experience. I have advice to many of fx brokerage , give a good service to the traders to spot light on your fx brokerage brands and acquire a larger market share .

Are conversion and transfer fees cutting into your company's profits? MTFX offers a smarter alternative to your bank. Save up to 80% on your costs of paying overseas suppliers with MTFX's bank-beating exchange rates and seamless global payments. Read our full blog: https://bit.ly/4ch1Ftc #EURCAD #USDCAD #GlobalPayments #ForeignExchange #MTFX

💡 Back-to-Back Swap Strategy A fairly common strategy for financial institutions is to offer variable rate funding to their commercial clients and simultaneously arrange an interest rate swap to affect a synthetic fixed rate loan. Typically, these institutions also arrange coincident, offsetting swaps with independent derivatives dealers. In this way, the lender is able to add to their bottom line without introducing any duration risk to their overall portfolio, while at the same time satisfying their customer’s funding preferences. For the trade to be reasonable and appropriate, the strategy would have to compensate the financial institution appropriately for bearing the counterparty credit risk associated with the swaps. Want to learn more? Check out the full article on this topic: https://lnkd.in/gf-3v33D #Swaps #HedgeStar #FinancialInstitutions #InterestRateSwap