MOSCOW, May 17, 2012 /PRNewswire/ --
FOREX CLUB, a leading[1] online broker, has won the 'Best Dealing Room' award at the 2012 World Finance Foreign Exchange Awards. The honour comes as a result of voting by the magazine's 60,000 global readership. The awards, now in their fifth year, recognise industry leaders and institutions that represent the benchmark of success and best practice in foreign exchange.
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While the shortlist is selected by an expert judging panel comprising 230 years' collective experience in financial journalism, the award winners are chosen entirely by World Finance's 60,000-strong global readership. For the 2012 awards, World Finance did not list nominations for the awards so only those companies already recognised by the panel would be eligible to win. The panel believes that the awards are at their fairest and most transparent when readers are able to vote for any company or individual that they believe deserves the accolade. Voting patterns are carefully scrutinised for signs of tactical voting, in order to promote fairness within this polling structure.
Commenting on receiving the award, Alexei Trifonov, Head of Trading at FOREX CLUB, said: "Winning this award is a tremendous endorsement of our growing reputation in the global forex market and of our best practice approach to dealing. We are proud of our highly accomplished and talented Dealing Room team members, all of whom are dedicated to providing our clients with excellent service and continuous improvements, founded upon best pricing, best spreads and best liquidities. To be recognised by the 60,000 global readers of World Finance as 2012 Best Dealing Room is therefore a great honour."
FOREX CLUB's win comes just weeks after the company was recognised as a 2011 Brand of the Year/EFFIE, in the category: Financial Institutions, Products and Services that it shared with MasterCard and Ingosstrakh, as well as the UGUR Annual Prize for Economics and Business, for leadership in the implementation of new financial services in Azerbaijan and the introduction of advanced educational programmes for online traders there.
About FOREX CLUB Group of Companies
Established in 1997, FOREX CLUB (the company) is the brand name for a group of companies that provides clients from over 120 countries with platforms and services for trading forex, CFDs and other online trading and educational products. We offer every client high-quality tools in training, analytics and education, as well as personal support where they want it. FOREX CLUB has over 600 employees worldwide. In 2011, over 45,000 traders chose to learn forex trading with us. The company was one of the industry's first to offer zero spread trading and commission refunds on all unprofitable trades exclusively on the company's proprietary platform (branded as StartFX in Russia and CIS, and ExpressFX in US and Rest of the World).
We are committed to the developed standards set forth by government regulators and one of our company's priorities is to conduct business in strict compliance with current regulatory requirements of the markets within which we operate. As a result, Forex Club LLC, our company in the USA, is a registered merchant with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA). Our Russian broker, FOREX CLUB, is a founding member of CRFIN, the Russian self-regulatory organization.
The structure of FOREX CLUB Group of Companies includes a range of brokers and training centers, including Forex Club International Limited, Forex Club, LLC (NFA #0358265), Akmos Trade, FOREX CLUB (FSFM license #004857) and the International Trading Academy. For information on our business in US and RoW, please click here. For Russia and CIS, here.
1. FOREX CLUB was rated in Forex Magnates' Q4 2011 and Q1 2012 Industry Reports as one of the top ten global brokers by retail forex volume
About the World Finance Awards
Since 2007, the World Finance Awards have been celebrating achievement, innovation and brilliance in their annual awards. Anybody can make that claim, but World Finance really is different. Whilst we boast legitimately independent, expert thought on our judging panel, who can draw on 230 years of financial journalism experience, more importantly, our award winners - and even our award nominees - are chosen by you, our readership.
Every year, we seek your assistance in recognising industry leaders, eminent individuals, exemplary teams and distinguished organisations, which we believe represent the benchmark of achievement and best practice in a variety of fields - and every year, we turn to our readers to help as we strive to recognise an ever-widening spectrum of services, markets, industries and organisations. We believe that by consulting our readers we can better identify the groups that are confronting the issues which face us at this complex juncture, and our awards will rise above the status of participation certificate and actually be an endorsement of their work.
To view the full list of winners of the award please go to: http://www.worldfinance.com/awards/2012-foreign-exchange-awards
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