InstaForex on the ShowFx World conference in Singapore

August 27th, 2014

On August 16, 2014 InstaForex took part in the financial conference held by ShowFx Asia. The event took place in Singapore.At a conference hall of luxurious Marina Bay Sands hotel, the one of Singapore’s tourist attractions, InstaForex presented the whole range of its offers, innovative products and services. InstaForex exhibition booth attracted a great number of visitors who were interested in the broker’s advantages and latest developments.

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They include: the PAMM system that has ample opportunities for both investors and managing traders; ForexCopy, a unique system designed to copy trades of successful traders; binary options, etc. The representatives of InstaForex were happy to answer questions of the guests and provide them with professional advice on different aspects of forex trading.

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At the ShowFx Asia 2014 conference in Singapore, InstaForex was represented by such speakers as Hairul Azman Bin Mohamed, an experienced trader and analyst, as well as by renowned analyst Arief Makmur and InstaForex Development Director Pavel Shkapenko.
Being the title partner of the event, InstaForex traditionally gave out $50 bonuses to the conference guests. Moreover, the company raffled Samsung Galaxy Tab 4 7.0, iPhone 5s as well as $500 and $1,000 certificates among the most active visitors.

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A warm and friendly atmosphere is what made the financial conference in Singapore special for all participants. This contributed to a constructive dialogue between brokers, representatives of educational projects, developers of specialized software, and traders. InstaForex extends sincere thanks to the exhibitors for their great work and cooperation and to the conference guests for coming.

InstaForex keeps title of the best broker in Asia

August 12th, 2014

InstaForex has ones again been acknowledged as the best broker in Asia clinching the prestigious title from the CIOT Expo for the 10th year in succession

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The China International Online Trading Expo is considered to be one of the key forex events in Asia. Brokers, professional traders, businessmen, spokesmen for investment companies and famous analysts from all over the world get together here. According to the CIOT Expo, InstaForex keeps on improving its trading terms, thus it still retains the popularity with the customers from the Asian region. Over 1.5 million people worldwide opted for InstaForex, including thousands of clients from Asia

Besides, exciting InstaForex offers and campaigns, including bonuses on a trading account and yearly elite car raffles, stir up the clients’ interest to the broker. First-class services as well as profitable and reliable trading terms are proved to be outstanding advantages of InstaForex over other brokers. InstaForex team is sure that not only traders from Asia, but traders from the rest of the world will be keen on the broker’s offers and trading terms in the nearest future

Partnership with Barclays Premier League runner-up

July 31st, 2014

InstaForex, and legendary Liverpool Football Club announced a two-year partnership today that will run until the end of the 2015/16 season. 

InstaForex will become the Official Online Forex and Binary Options Trading Partner in Asia and the Commonwealth of Independent States (CIS) of Liverpool FC. The new alliance will see InstaForex offer exciting LFC experiences to their customers who are fans in these markets, including tickets to see the Reds play at home in Anfield.

“We are delighted to welcome InstaForex to the Liverpool family as our very first online Forex trading partner. The online service has over 1.2 million online customers and those in Asia and CIS will benefit from this partnership, which will see InstaForex offering fans content and access to the team they love” commented Chief Commercial Officer of Liverpool FC, Billy Hogan.

Commenting on the new partnership, Pavel Shkapenko, Director of Business Development at InstaForex said: “InstaForex has similar aspirations to Liverpool– we strive to be the best in the Forex industry as LFC in football. This partnership brings together our young dynamic brand with that of over a century of tradition and we’re excited to work with such an established and followed Club.”

Founded in 1892, Liverpool FC is one of the world’s most historic and famous football clubs having won 18 League Titles, seven FA Cups, eight League Cups, five European Cups, three UEFA Cups, three European Super Cups and 15 Charity Shields.

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Liverpool FC legend Ian Rush holds Instaforex T-Shirt announcing 2 year partnership between InstaForex and LFC.

InstaForex Loprais team wins Rally Breslau

July 24th, 2014

InstaForex Loprais Team finished first in the category of trucks at long-lasting Rally Breslau 2014 in Poland.
The international Rally Breslau is orchestrated on the principle that both professional racers and amateurs are free to take part. This year, a large number of vehicles in all categories applied for the challenge. Traditionally, the competition among trucks was extremely fierce. However, the tough competition unfolded for the second and lower ranks as the lead was gripped by InstaForex Loprais team right from the starting line. The rally team was able to keep its leadership despite all ups and downs as well as troubles because of the unfamiliar route and technical failures. The team was pleased with the wide margin between the first and second ranks. It enabled InstaForex Loprais team to pass the final 100-km special section smoothly.

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The Tatra truck of InstaForex Loprais team covered over 1,000 km along Polish tracks and rough terrain. During Rally Breslau 2014, the team was able to trial the new design of the Tatra and, first and foremost, the new engine. Citing captain Ales Loprais, the team considered Rally Breslau as an excellent opportunity to test the updated configuration and as a rehearsal before the Dakar Rally 2015, event No 1 in the rally world. Ales noted that victory brings joy in any case as it proves not only the fine grade of the new truck, but also “the top gear” of the team. In addition, Ales Loprais mentioned that the team could not avoid minor breakdowns. However, the racers treated each failure as an excuse to update a certain unit of the vehicle and rule out a similar breakdown in the future. “It’s better to fix something here than in Dakar,” the team’s captain made a comment halfway through Rally Breslau.

So, our heartfelt congratulations to InstaForex Loprais team on winning Rally Breslau 2014! Let’s wish Ales and his team great performance at European rallies this summer. Make the most of it to get ready for Dakar!

You always win with InstaForex!

ECB follows in Japan’s footsteps

July 7th, 2014

The European Central Bank cut its benchmark interest rates for banks implementing a long-term lending program. That was all the changes the ECB made at the latest meeting. It might seem not a big deal, but it is obvious that Mario Draghi has opted for the way his Japanese counterparts have been sticking too. Such a strategy will allow the European regulator to thoroughly evaluate the euro area’s prospects, the euro’s exchange rate, and steps to be taken. mario-picdragi

So, what exactly have Draghi done to encourage the economy of the bloc? Let’s see. The ECB brought down the main refinancing rate a little, to 0.15% from 0.25% previously. That suggests the regulator is not ready yet to rush into a hasty decision leaving room to maneuver. In the meantime, the deposit rate was reduced to minus 0.10% from 0%. It was the first time the ECB made up its mind to take the interest rate negative.

As for the 400 billion targeted lending program for banks, it implies that the ECB intends to improve the European lending market at any cost. However, despite the facelift the monetary policy got, the central bank realizes that deflation remains number one enemy for Europe’s economy. Extremely low inflation, sluggish corporate lending, and a strong euro – all that creates the conditions for the deflation to set in. Thus, the ECB Board of Directors headed by Mario Draghi should go beyond the introduction of countermeasures and policy correction at risk of this economic disaster. They should act drastically and immediately. Basically, the measures introduced on Friday ushered in the new stage, but they might not help to achieve the desirable outcome. But the ECB will be able to stall for time using them for sure.

An important point to remember is that some recognized analysts and financiers find fault for the latest steps the European regulator made. For instance, many conservative-minded experts are of the opinion that the negative deposit rate and soft lending will make money for the business sector even easier to get. Since the low-interest loans become more affordable, that might result in deflation. Europe is treading now the path of Japan lagging behind it by one or two steps. Eventually, Japan is going through the deflation now.

We have to admit that despite the deflation, the Japanese economy is still expanding. Apart from playing with the benchmark rates, Prime Minister of the Land of the Rising Sun Shinzo Abe has used other methods for unification and adaptation of the monetary policy to the economic needs. Some of the measures like the yen devaluation are considered to be seismic. However, “Abenomics” is taken on board now as not only politicians, but also ordinary people have come to realize the reasonableness of such a policy. The plan worked out and the industrial output together with export almost got back to the pre-crisis levels scored before the Fukushima disaster.

ekonomik_jpg_576x288_crop_q70But will Mario Draghi dare to go for it? That is an open question. It seems that the ECB chief prefers the Japanese scenario to the American one with its QE, thus alluding to the fact that ECB’s actions are rather predictable so far.

Anyway, the first steps are taken and it is better to watch for the consequences they might cause. As for the non-euro area states, especially the developing ones, they have got sort of a green light. The thing is that Mario Draghi gave a hint that Europe is ready to grant them low-interest loans with easy loan guarantees. That is a great chance for large business, including the Russian one, to seek for the funds needed for development. Besides, the ECB reported separately on the revision of the euro area’s GDP growth outlook for 2014-2016.

The central bank cut its forecast for this year to 1% from 1.2%. Meanwhile, it raised its projection for 2015 to 1.7% from 1.5% and kept in place the one for 2016 (1.8%). That means that the ECB is determined to win the war against the deflation by the end of this year or at least by the beginning of 2015. So, the regulator wants to sacrifice a whole year to get out of the deflation pit. Thus, a negative interest rate is likely to be introduced this year, maybe at the upcoming ECB meeting.