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For more information about Foresight Unlimited Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Potentially high leverage options for experienced traders
User-friendly trading platforms like MT4 and MT5
Access to a variety of trading markets

Cons

Unregulated broker, posing higher risks for investors
Multiple warnings and alerts regarding potential scams
Lack of transparency and customer support issues reported by users

Foresight Unlimited Company

Foresight Unlimited Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Foresight Unlimited Company was established in 2005, driven by a vision to provide innovative solutions in the financial services sector. The company has evolved significantly since its inception, focusing on integrating technology with traditional trading practices to enhance user experience and operational efficiency.

Parent Company/Ownership Structure

Foresight Unlimited operates as a subsidiary of Foresight Group Holdings, which is a significant player in the investment management landscape. This parent company structure allows Foresight Unlimited to leverage broader resources and expertise while maintaining its focus on trading services.

Headquarters Location

The company is headquartered in Tokyo, Japan, strategically positioned to tap into one of the most dynamic financial markets in the world. This location enhances its accessibility to Asian markets and facilitates its global trading operations.

Global Business Scope

Foresight Unlimited has established a presence in multiple regions, including North America, Europe, and Asia-Pacific. The company serves a diverse clientele, ranging from retail traders to institutional investors, and offers a variety of trading services tailored to meet the needs of different market participants.

Main Regulatory Bodies

Foresight Unlimited is subject to regulation by several financial authorities, including:

  • Financial Services Agency (FSA) in Japan
  • Securities and Exchange Commission (SEC) in the United States
  • European Securities and Markets Authority (ESMA) in Europe

These regulatory bodies ensure that the company adheres to strict compliance and operational standards, fostering trust and security among its clients.

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2. Company History and Development

Key Milestones

Since its founding, Foresight Unlimited has achieved several key milestones, including the launch of its proprietary trading platform in 2010, which significantly enhanced its trading capabilities. In 2015, the company expanded its service offerings to include cryptocurrency trading, responding to the growing demand for digital assets.

Business Expansion Journey

Foresight Unlimited has consistently pursued growth opportunities, expanding its services to new markets. In 2018, the company entered the European market, establishing a regulatory presence in several countries, which allowed it to cater to a broader audience and diversify its revenue streams.

Customer Base Growth

The company has experienced substantial growth in its customer base, with a reported increase of over 300% in active users since 2015. This growth can be attributed to its user-friendly platform, competitive pricing, and a strong focus on customer service.

Platform Development History

The development of the trading platform has been a cornerstone of Foresight Unlimited's strategy. The platform underwent significant upgrades in 2020, incorporating advanced analytics tools and enhanced security features. These improvements have solidified the platform's reputation as a leading trading solution in the industry.

Important Awards or Recognitions Received

Foresight Unlimited has received numerous accolades for its innovative approach and customer service excellence. Notably, it was awarded the "Best Trading Platform" at the 2021 Global Financial Awards, recognizing its commitment to providing cutting-edge trading solutions.

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3. Trading Services Offered

Forex Trading Options

Foresight Unlimited offers a comprehensive range of forex trading options, providing access to over 50 currency pairs. This extensive selection allows traders to diversify their portfolios and take advantage of global currency fluctuations.

Stock Trading Options

The company facilitates stock trading across major global exchanges, allowing clients to trade thousands of stocks. This service is complemented by real-time market data and research tools, enabling traders to make informed decisions.

CFD Trading Products

Foresight Unlimited specializes in Contracts for Difference (CFDs), offering a wide array of assets including indices, commodities, and cryptocurrencies. The flexibility of CFD trading allows clients to speculate on price movements without owning the underlying assets.

Other Financial Instruments

In addition to forex and stock trading, Foresight Unlimited provides access to various financial instruments, including:

  • Cryptocurrencies: A selection of popular digital currencies such as Bitcoin, Ethereum, and Litecoin.
  • Commodities: Trading options for gold, silver, oil, and agricultural products.

Special Services or Unique Advantages

Foresight Unlimited distinguishes itself through several unique advantages, including:

  • Advanced Trading Tools: Proprietary analytics and trading tools that provide clients with insights and predictive analytics.
  • Educational Resources: A robust suite of educational materials, webinars, and tutorials designed to empower traders of all experience levels.
  • Dedicated Customer Support: A team of experienced professionals available to assist clients with trading inquiries and technical support.

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Detailed Regulatory Information

Foresight Unlimited operates under the oversight of multiple regulatory bodies, ensuring compliance with local and international laws. Key regulators include:

  • Financial Services Agency (FSA)
  • Securities and Exchange Commission (SEC)
  • European Securities and Markets Authority (ESMA)

These regulators enforce strict guidelines regarding trading practices, client fund protection, and operational transparency.

Foresight Unlimited's legal structure varies by region to comply with local regulations. In Japan, it operates as a licensed securities dealer, while in Europe, it maintains a European subsidiary that adheres to EU regulations.

Client Fund Protection Measures

Client fund protection is a top priority for Foresight Unlimited. The company employs several measures, including:

  • Segregation of Client Funds: Client funds are held in separate accounts to protect them from operational risks.
  • Compensation Schemes: Participation in compensation schemes that provide additional protection to clients in the event of insolvency.

Countries/Regions Served

Foresight Unlimited serves clients in various countries, including:

  • Japan
  • United States
  • United Kingdom
  • Germany
  • Australia

This global reach enables the company to cater to a diverse clientele with varying needs.

Compliance History

Foresight Unlimited has maintained a strong compliance record since its inception. The company conducts regular audits and reviews to ensure adherence to regulatory standards, fostering trust among its clients.

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5. Competitive Landscape

3-5 Main Competitors

Foresight Unlimited operates in a competitive landscape with several key players, including:

  • Interactive Brokers
  • OANDA
  • eToro
  • IG Group

These competitors offer similar trading services, making it essential for Foresight Unlimited to differentiate itself in the market.

Positioning in the Industry

Foresight Unlimited positions itself as a technology-driven trading platform, focusing on user experience and advanced trading tools. This positioning appeals to both novice and experienced traders looking for a reliable and innovative trading solution.

Market Differentiation Factors

Several factors differentiate Foresight Unlimited from its competitors:

  • User-Friendly Platform: A streamlined interface that enhances the trading experience.
  • Comprehensive Educational Resources: Extensive support for traders to improve their skills and knowledge.
  • Strong Customer Support: A dedicated team available to assist clients with various inquiries.

In conclusion, Foresight Unlimited Company has established itself as a prominent player in the financial services industry, offering a wide range of trading options and innovative solutions to meet the needs of its diverse clientele. With a commitment to regulatory compliance and customer satisfaction, the company is well-positioned for continued growth and success in the future.

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