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FOREXer Company

  

Forexer Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Forexer Company, originally founded in 2003 as Ntwo Capital Markets in Wilmington, Delaware, USA, has transformed over the years into a significant player in the online forex trading industry. The company was rebranded to Forexer and has since established a strong reputation for providing reliable trading services.

  

Parent Company/Ownership Structure

  Forexer operates as a global group of financial services companies, with various subsidiaries and representative offices across multiple jurisdictions. The ownership structure is designed to facilitate compliance with local regulations while offering a diverse range of trading solutions.

  

Headquarters Location

  The headquarters of Forexer is located in Labuan, Malaysia, where it is regulated by the Labuan Financial Services Authority (LFSA). The company also has representative offices in Dubai, UAE, and advisory services in Zurich, Switzerland, among other locations.

  

Global Business Scope

  Forexer has a global presence, serving clients from over 100 countries. The company offers a wide range of trading products and services, catering to both institutional and retail clients. With over 6,000 active users, Forexer has established itself as a reputable broker in the forex market.

  

Main Regulatory Bodies

  Forexer is regulated by several key financial authorities, including:

  • Labuan Financial Services Authority (LFSA), Malaysia
  • Financial Services Commission (FSC), Mauritius
  • Financial Service Providers Register (FSPR), New Zealand

  

2. Company History and Development

  

Key Milestones

  • 2003: Founded as Ntwo Capital Markets in Wilmington, Delaware.
  • 2004: Established Forexer LLC in Delaware, USA.
  • 2005: Opened a representative office in Dubai, UAE.
  • 2007: Launched Forexer Advisory AG in Zurich, Switzerland.
  • 2013: Registered Forexer Limited in Auckland, New Zealand.
  • 2020: Expanded operations to Labuan, Malaysia, under LFSA regulation.
  • 2022: Launched the Forexer Gold Base Currency Account.
  • 2023: Received the Top 100 Financial Institutions Award.
  • 2024: Awarded Best Prop Firm Broker of the Year.

  

Business Expansion Journey

  Over the years, Forexer has expanded its operations significantly, establishing a presence in several key financial markets. This expansion has allowed the company to tap into diverse trading environments and client bases, enhancing its service offerings.

  

Customer Base Growth

  Forexer has seen substantial growth in its customer base, with over 6,000 active users. The companys commitment to providing excellent customer support and tailored trading solutions has contributed to this growth.

  

Platform Development History

  Forexer has continuously improved its trading platform, now known as Forexer 5 (based on MetaTrader 5). This platform offers advanced trading tools, real-time data analytics, and a user-friendly interface, catering to both novice and experienced traders.

  

Important Awards or Recognitions Received

  Forexer has been recognized for its contributions to the financial industry, receiving awards such as:

  • Top 100 Financial Institutions Award (2023)
  • Best Prop Firm Broker of the Year at the 2024 Profx Awards in Dubai

  

3. Trading Services Offered

  

Forex Trading Options

  Forexer offers a diverse selection of forex trading options, including major, minor, and exotic currency pairs. The broker provides access to over 10 currency pairs, allowing traders to engage in various trading strategies.

  

Stock Trading Options

  Currently, Forexer does not offer direct stock trading options. The focus remains primarily on forex and other financial instruments.

  

CFD Trading Products

  Forexer provides Contract for Difference (CFD) trading options on various assets, allowing clients to speculate on price movements without owning the underlying assets.

  

Other Financial Instruments

  In addition to forex trading, Forexer offers:

  • Cryptocurrencies: Trading options include Bitcoin, Ethereum, Ripple, and more, with low spreads and competitive financing.
  • Commodities: Traders can engage in trading precious metals (gold and silver) and energy products (crude oil and natural gas).

  

Special Services or Unique Advantages

  Forexer distinguishes itself through:

  • Gold as a Base Currency: The launch of the Forexer Gold Base Currency Account allows traders to use gold as a wallet base currency.
  • 24/5 Customer Support: Personalized support from account managers available to assist clients at all times.
  • Educational Resources: Forexer Academy offers training programs, webinars, and practical simulations to empower traders.

  

  

Detailed Regulatory Information

  Forexer is regulated by:

  • Labuan Financial Services Authority (LFSA), Malaysia
  • Financial Services Commission (FSC), Mauritius
  • Financial Service Providers Register (FSPR), New Zealand

  

  Forexer operates through various legal entities, including:

  • Forexer LLC in the USA
  • Forexer Limited in Labuan, Malaysia
  • Forexer Limited in New Zealand
  • Forexer Advisory AG in Switzerland

  

Client Fund Protection Measures

  Forexer adheres to strict client fund protection measures, including the segregation of client funds and compliance with LFSA regulations, ensuring that client money is kept safe and secure.

  

Countries/Regions Served

  Forexer accepts clients from numerous countries worldwide, excluding those on FATF blacklists, such as the USA, Iran, Syria, Sudan, and North Korea.

  

Compliance History

  Forexer has maintained a strong compliance history, adhering to the regulations set forth by the relevant authorities in its operating jurisdictions.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Forexer faces competition from several key players in the forex market, including:

  • IG Group: Known for its extensive range of trading products.
  • AvaTrade: Renowned for its educational resources and user-friendly platform.
  • Pepperstone: A popular choice for low-cost trading and excellent execution speeds.

  

Positioning in the Industry

  Forexer positions itself as a reliable and reputable broker, focusing on providing exceptional customer support and tailored trading solutions. Its commitment to transparency and client education sets it apart in a crowded market.

  

Market Differentiation Factors

  Forexer differentiates itself through:

  • Gold as a Base Currency: Unique offering that appeals to traders interested in precious metals.
  • Comprehensive Educational Programs: Focus on trader education through the Forexer Academy.
  • Strong Regulatory Framework: Ensures client trust and safety through adherence to strict regulations.

  

Conclusion

  Forexer Company has established itself as a reputable broker in the forex trading industry, leveraging its extensive experience and regulatory compliance to provide a secure trading environment. With a diverse range of trading options, dedicated customer support, and a commitment to education, Forexer continues to empower traders globally.

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