Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Trader’s Platform or the fixing of the spread before the<br />
New Year holidays. We also spend millions of dollars in<br />
developing innovative ideas that are useful for the<br />
traders; this is our job and our mission.<br />
What FX trading platforms does Broco provide and<br />
what types of trader are they designed to cater for?<br />
We offer three platforms specialised in currency trading:<br />
Meta Trader 4, which is the most popular among<br />
traders, it offers a wide range of trading instruments<br />
while keeping a low cost of entrance to the market.<br />
The Currenex platform, which provides an access to the<br />
largest ECN area in the world, providing the best<br />
quotations and the opportunity to work with sound<br />
liquid instruments by applying hi-tech solutions. The<br />
third platform, Strategy Runner, has many popular<br />
features, and more, but mainly enables traders to<br />
automate trading if they wish to do so.<br />
And in the near future, one more platform will be<br />
available for our customers, the world famous Ninja<br />
Trader, which reminds us of the light e-signal and the<br />
familiar Meta Trader 4, but it also integrates a DOM<br />
along with many useful additional features for trading.<br />
What new products and services have you recently<br />
implemented or are going to implement?<br />
In addition to the Ninja Trader platform we are going<br />
to offer to our customers the CQG platform developed<br />
by the CQG <strong>com</strong>pany in the USA. This platform is<br />
designed for futures trading. On top of that our<br />
<strong>com</strong>pany is the exclusive representative of Volfix and its<br />
innovative product the Volfix platform which gives the<br />
user unlimited possibilities of visualization and<br />
structural processing for futures, stocks, options and<br />
<strong>Forex</strong>. This platform is based on the famous Market<br />
Profile trading platform, and the traders using Volfix<br />
are able to understand the market deeply and this helps<br />
them to trade more effectively. This is a unique<br />
mechanism for forecasting the market situation, for<br />
confirming the analytic information, and for getting<br />
the optimal entry and exit points.<br />
You provide an asset management services called<br />
PAMM accounts for your customers. What is it and<br />
how does it work?<br />
We provide the facility for asset management in the<br />
form of PAMM (Percentage Allocation Management<br />
Module) account. It means that investor can choose a<br />
manager for their funds – as a rule, it is a professional<br />
trader with a great trading experience. All the<br />
remaining procedures - starting from the contracts<br />
conclusion and loss risks minimization, and ending<br />
with dividends payout, is up to the chosen manager.<br />
The Broco Group provides the managers (and therefore<br />
the investors) with an access to the world financial<br />
markets and with the ability to trade, with the support<br />
of the PAMM account, with trading platforms, advisors<br />
and a technical support of all services provided.<br />
You have also created an innovative internet<br />
broadcasting solution called BrocoPulse. What<br />
information does this provide and how popular has<br />
this exciting initiative been to users?<br />
The BrocoPulse is an internet radio which was created<br />
for learning: we create and broadcast learning programs<br />
for the traders who receive valuable resources for free,<br />
useful information, which as you know is very<br />
important and will indirectly help traders to earn profit<br />
while trading. The BrocoPulse includes the author's<br />
programs about the financial markets and their<br />
specifics, the hourly news blocks, the <strong>com</strong>plex of<br />
learning programs oriented for uses with various skills.<br />
What partnership programs does Broco offer and<br />
how can <strong>com</strong>panies register for one?<br />
More than 500 partners all over the world are working<br />
with the Broco Group, and we still wel<strong>com</strong>e more.<br />
Our partnership programs guarantees to our partners<br />
the maximum of advantages and the maximum of<br />
<strong>com</strong>missions based on their clients' trading. Besides<br />
our “Regional Agent” and “White Label” partnerships<br />
programs, there is the IB-partner that can participate<br />
in our business with a minimum effort. According to<br />
the partnership program in Broco Group the partner's<br />
profit is a part of the spread in <strong>Forex</strong> instruments and<br />
part of the <strong>com</strong>mission for every CFD and indices<br />
contract closed.<br />
What plans do you have for growing the client base<br />
of Broco and extending the <strong>com</strong>pany's geographical<br />
footprint in the future?<br />
We have ac<strong>com</strong>plished a great deal, yet we are still in<br />
the beginning of our development, and we still have a<br />
lot to do for the traders. For example, the <strong>com</strong>pany’s<br />
top-management is now working on the Quality<br />
Standards project which should make our customers'<br />
work more <strong>com</strong>fortable. As for our geographic<br />
expansion, we have a great plan in store; let’s just say<br />
that we will open new offices in many different<br />
countries. And we keep on encouraging people to<br />
participate and benefit from the potentially profitable<br />
financial markets, all the while we do all we can to<br />
facilitate their working needs and requirements.<br />
january 2010 e-FOREX | 129
Change language