Enough with the suspense, let’s cut to the chase. The acclaimed ForexTime Limited (FXTM) is owned by the Exinity Group.
Key Takeaways
→FXTM is owned by the Exinity Group |
→Andrey Dashin is the founder of both Exinity Group and FXTM |
→FXTM possesses a robust regulatory status |
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Meet the Maestro: Andrey Dashin
Table of content
- Meet the Maestro: Andrey Dashin
- — A Dash of Dashin: Brushing Up on FXTM History–
- The Right of Ownership and the Weight of Regulation
- — Regulate to Insulate: How FXTM Eats Their Regulation Alphabet Soup-
- Pros and Cons: The Sugar and Salt of FXTM
- The Legacy of FXTM and Exinity Group
- — Exinity Entices; FXTM Follows Suit —
- Fleeting FXTM? Not Likely!
- — As Steady as a Surgeon’s Hand: The FXTM stability quotient as per Dr Forex —
- FXTM & Exinity: A Formula 1 Partnership
- — Pedal to the Metal: When Forex Met Formula 1 —
- — Bitter with the Sweet: Drawing the Taste Balance —
- Frequently Asked Questions (FAQs)
- Who owns FXTM?
- When was FXTM established?
- Why is regulatory status so important for FXTM?
- Who are some notable sponsors of FXTM?
- What are the advantages and disadvantages of trading with FXTM?
- Disclaimer And General Risk Warning:
- Author & Expert Trader - Financial Analyst:
Now that we’ve spilled the beans about the ownership, let’s give you the behind-the-scenes scoop, the how and why FXTM came to be. The group theorist behind this magical numerical symphony is Andrey Dashin, a financial guru with his roots in Russia. An entrepreneur by heart, Andrey Dashin founded the Exinity Group, which later gave birth to FXTM.
— A Dash of Dashin: Brushing Up on FXTM History–
Back in 2011, Dashin decided to venture into the forex market world, intending to offer a superior trading experience to customers. In a world where trading platforms seem to sprout like mushrooms after a rainstorm, FXTM distinguished itself with robust regulatory status and high-performance trading tools.
The Right of Ownership and the Weight of Regulation
While Chef Dashin concocted this delicious forex broth, the secret ingredient that keeps customers happy and regulators content is its potent regulatory status. FXTM is licensed by several regulatory bodies, including the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC).
— Regulate to Insulate: How FXTM Eats Their Regulation Alphabet Soup-
In the world of forex trading, regulation ensures that you don’t get scalded when you take a sip from the trading soup. By having multiple regulatory protections, FXTM safeguards its customers from potential pitfalls in the trading market.
Pros and Cons: The Sugar and Salt of FXTM
Like every other business venture, FXTM has its strengths and weaknesses, its sweet and sour notes in its recipe.
Pros | Cons |
---|---|
Robust regulatory status | Some users may find the trading platform interface challenging to navigate. |
Competitive fees | Fewer assets compared to other brokers |
Excellent Customer Support | Limited product portfolio |
The Legacy of FXTM and Exinity Group
It’s not just being a part of the Exinity Group that gives FXTM its clout, it’s also what the group stands for. The Exinity Group prides itself on guaranteeing maximum financial transparency, an strive that has paved an exemplary path for FXTM, motivating its commitment to clear, user-friendly services.
— Exinity Entices; FXTM Follows Suit —
When we talk about financial transparency, we’re not talking about transparent dollar bills (which, by the way, would be an awful idea). No, we’re talking about the transparency of trade practices, open information, and clarity of terms and conditions. That’s the tune that the Exinity group likes to play, and it’s a melody that FXTM has picked up rather well.
Fleeting FXTM? Not Likely!
Having pivoted successfully through many financial rough patches, the resilience of FXTM is as reliable as a woodpecker’s headbanging (Trust us, it’s science). With the continuously evolving Exinity Group at the helm, FXTM seems poised to extend its expertise in forex trading and maintain its secure haven status among the tumultuous waves of the global forex market.
— As Steady as a Surgeon’s Hand: The FXTM stability quotient as per Dr Forex —
When international financial markets went on a rollercoaster ride during the COVID-19 pandemic, FXTM kept its equilibrium with the ease of a seasoned trapeze artist (minus the spangly leotard). It weathered the storm, proving that it’s not only a market leader in the sunshine, but it can also dance in the rain.
FXTM & Exinity: A Formula 1 Partnership
Did you know that FXTM and its parent group Exinity are huge fans of speed and precision? A clear mirror of their services, the FXTM brand has been associated with the world’s fastest motorsport, Formula 1. Now that’s one way to put the ‘quick’ in ‘quick forex trading’!
— Pedal to the Metal: When Forex Met Formula 1 —
FXTM and the Exinity Group have sponsored the Alpine F1 Team, highlighting their love for agility, precision, and speed. But remember, just like high-speed racing, trading with leverage can wreck your investment if you’re not careful. But hey, a little risk never hurt any thrill-seeker, eh?
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— Bitter with the Sweet: Drawing the Taste Balance —
Despite its minor shortcomings, FXTM remains one of the most revered platforms in the forex trading industry. Perhaps this is because they serve their bitter with a good dose of sweet: offering competitive fees, providing stellar customer service, and maintaining a robust regulatory status that guarantees customer protection.
Frequently Asked Questions (FAQs)
-
Who owns FXTM?
- FXTM is owned by the Exinity Group. The founder of both FXTM and Exinity Group is Andrey Dashin.
-
When was FXTM established?
- FXTM was established in 2011 by Andrey Dashin, with a vision to offer customers a superior forex trading experience.
-
Why is regulatory status so important for FXTM?
- Regulatory status plays a crucial role in forex trading as it insulates traders from potential pitfalls. FXTM’s robust regulatory status guarantees customer protection and ensures the company operates with maximum transparency.
-
Who are some notable sponsors of FXTM?
- FXTM, under the umbrella of Exinity Group, sponsors the Alpine F1 Team. Their association with one of the fastest motorsports in the world highlights their commitment to speed, agility, and precision.
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What are the advantages and disadvantages of trading with FXTM?
- FXTM offers a robust regulatory status, competitive fees, and an excellent customer service. However, some users may find their trading platform interface challenging to navigate, and they offer fewer assets compared to other brokers.
These Frequently Asked Questions (FAQs) highlight some of the critical aspects related to FXTM. Combing through these questions and answers will give you a crash course on what FXTM is all about.
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