FXTM Company News

It's with great pride that we announce that our very first Corporate Social Responsibility campaign has won a first place prize at PRWeek’s 2019 Campaign for Good Awards in the competitive ‘Best Environmental Cause Campaign’ category. 

FXTM officially sponsored Lewis Pugh’s The Long Swim in 2018 as Lead Partner. As a world-renowned endurance swimmer, environmental campaigner and UN Patron of the Oceans, Lewis  took on an incredible challenge to campaign for the expansion of Marine Protected Areas (MPAs). 

The Long Swim was a two-month test of physical endurance. Lewis swam along the entire 530km length of the English Channel – from Cornwall to Dover. It was the first time this journey has been completed following Channel Association Rules (which means no wetsuit, just a pair of goggles and speedos). The campaign attracted daily media coverage and brought the issue of plastic pollution in the oceans to the attention of royalty and politicians, including UK Environment Secretary Michael Gove. 

The results were fantastic. Following the Long Swim, there was a huge 20% increase in MPAs in South Georgia and the South Sandwich Islands – an area Lewis repeatedly highlighted in his campaign. Just a few months ago, the UK government announced that 443,000 square kilometres around the Ascension Islands will also be protected. The PRWeek judge especially singled out the campaign’s impressive results and governmental influence for special praise. 

FXTM is honoured to share this award with Lewis and all the teams that made it possible. We are working hard to invest more time and resources in other CSR campaigns around the world, so stay tuned for further updates! 

Are you trading with an award-winning and environmentally-friendly broker? Open your FXTM account today. 

The 9th Global Family Office Investment Summit returned to Monaco from 18 to 20 June at the Fairmont Monte Carlo Hotel. For the third time in a row, Hussein Sayed, FXTM’s Chief Market Strategist for the Gulf and MENA region, was delighted to lend his financial markets expertise to the prestigious summit.

The Ritossa Family Office gathers an elite group of business leaders together by invitation only – collectively representing over $4 trillion in investor wealth – to build bridges between European families and their counterparts in the Middle East, US, Asia and Latin America. This latest summit and its theme of ‘The Rise and Rise of Family Offices’ was the most successful yet, and provided industry experts with an inspiring environment for cross-border networking and strategising. 

On the summit’s first day, Hussein moderated the opening keynote panel session, ‘Elite Investor Insights for 2019 & Beyond’. The panellists shared their views on where elite investors should invest their capital along with strategies to protect portfolios from risks, taking into account current and impending mega trends, geopolitical risks and economic challenges. 

Hussein also discussed the future of solar energy with SkyPower Global Group’s President and CEO, Kerry Adler, who is a leading voice in renewable energy and sustainable investment. 

From 22 to 23 June, FXTM’s esteemed Head of Education Andreas Thalassinos was back in Ho Chi Minh, Vietnam with his brand-new educational series ‘Trading with Elliott Wave Theory’.

The Elliott Wave theory is one of the fundamental concepts in technical analysis. Elliott defined a number of wave patterns that appear during the lifecycle of a financial instrument and identified guidelines for when they appear. Traders can use these patterns to forecast potential trends and identify possible opportunities in the market. 

Seminar and workshop attendees enjoyed studying new techniques and strategies, including:

• Identifying the different types of wave
• Understanding reversal patterns
• Recognising entry opportunities in the market 
• Calculating price and potential take-profit targets
• Discovering Fibonacci retracements and projections
• Applying risk management rules
• Exploring crowd psychology and contrarian theory

Traders in Dhaka, Bangladesh, were pleased to meet FXTM’s Forex Educator Robin Mazumdar at a thought-provoking Forex Basics and Trading Strategies workshop. This enlightening event provided a fresh perspective on the fundamental principles of the markets, and presented strategies that could contribute to successful trading. 

The two-day workshop began on 28 June and concluded the next day.  The eager audience were ready to enjoy a day of interactive learning right from the start.

Topics covered included:

• An introduction to foreign exchange
• The MT4 platform and how to use it
• The Ichimoku, Moving Average and Fibonacci trading strategies
• Identifying potential buy and sell setups
• Risk management, and much more!

There were numerous opportunities for participants to get involved and ask Robin their most pressing industry questions, which helped to further consolidate their newfound knowledge. There was also designated time for hands-on practice with our very own trading expert on hand to help!

Between 24 and 27 June 2019, FXTM’s acclaimed Research Analyst Lukman Otunuga conducted a successful media tour in South Africa*. Over the course of the four days, Lukman met with major Tier 1 domestic and regional media outlets including Bloomberg, CGTN, CNBC Africa, Business Day TV, SABC, SAfm and Kaya FM to share his invaluable expertise on financial market movements. 

These fascinating interviews centred around vital economic issues such as the current direction of the South African Rand and how the trade tensions between the US and China could have an impact on the South African economy. 

Further topics explored included:

• The 2019 outlook for the South African economy following the latest GDP figures
• Inflation and what to expect from the South African Reserve Bank 
• The impacts of trade tensions on the South African economy 
• The Dollar’s outlook and what to expect from the Fed
• Brexit drama in the United Kingdom  
• Discussion on Oil and Gold prices

Check out a selection of the interviews below:

• CNBC Africa
• Business Day TV 
• SABC
• Kaya FM
• CGTN

Lukman’s visit to South Africa was a huge success and a testament to FXTM’s unique relationship with media outlets in South Africa. The tour also continued to cement our excellent reputation around the world as a trusted provider of industry-leading market analysis.  

Keep in touch with the markets by following FXTM’s Daily Market Analysis page. 

Are you trading with a global, award-winning broker yet? Sign up for your FXTM account today.

*All the material presented has been approved by the company's Key Individual accordance with FSCA guidelines.

The detailed FXTM Market Outlook for Q3 2019 is available for download now. Wondering what’s happening with the Sterling following Theresa May’s departure? Want to know how the US-China trade saga is affecting the USD? Only one way to find out!

Filled with detailed insights from FXTM’s excellent Market Research team, this outlook will update you on what may be in store for popular financial instruments including the GBPUSD, EURUSD, Gold and more. 

The Market Outlook includes an introduction from FXTM’s Chief Market Strategist Hussein Sayed, alongside in-depth analyses by Global Head of Currency Strategy and Market Research, Jameel Ahmad, Research Analyst Lukman Otunuga and the latest addition to the team, Market Analyst Han Tan. These informative analyses are equipped with the latest explanatory technical charts and data to give you a detailed outlook for the markets in the upcoming quarter.     

FXTM’s Market Outlook Q3 2019 is your complete guide to:

• GBPUSD: Boris Johnson to give Sterling Bears more ammunition to sell the Pound.
• USDJPY:  The path to 100 is clearer than a move above 112.
• EURUSD: Set for a rough road trip south as ECB shifts into lower gear.
• AUDUSD: Aussie caught in RBA vs. Fed rate-cuts race.
• WTI Oil: Will a sturdier floor make for a higher bounce?
• Gold: Positioned to thrive in a low interest-rate environment.

Find out which instruments could be the ones to watch as Q3 2019 arrives. Visit the Quarterly Market Outlook page to download FXTM’s Q3 Outlook PDF today.

Would you like to receive daily reports on market movements? Bookmark the Daily Market Analysis page to stay updated. 

Trade with a global, award-winning broker you can trust. Join FXTM now and expand your trading horizons.