IronForex Limited, the Cyprus-based online FX Broker, formally launched its operations, bullish on its prospects to get a lion's share of the $4,000 billion daily global FX market, according to a press release.
It will offer spreads from 0.4 pips for premium accounts and a product range with over 120 instruments including CFDs on US and UK stocks, commodities, futures, as well as spot metals.
Its proprietary "One Account, Five Platforms" capability allows clients immediate access to trade through five trading platforms – the IronForex MT4 Trading Terminal, the IronForex MultiTerminal and the in-house developed IronForex WebTrader, IronForex BlackBerry Trader and IronForex iPhone Trader mobile platforms.
It recently appointed Saber Daboussi as Chief Executive Officer of the Company. "These are very interesting times for the Global FX Market. Over the past five years and, in particular since the onset of the global economic crisis in 2008 and the increased market volatility experienced thereon, FX has become the alternative asset class of choice given its high liquidity, extensive trading hours and low trading costs. FX can deliver excellent investment returns provided the client has the right trading tools. IronForex offers just that.
"IronForex is the result of bringing together an award-winning team of FX specialists and support staff with many years of experience and an in-depth understanding of the FX markets. This enables IronForex to offer unmatched brokerage expertise and credibility to clients."
As part of its global expansion strategy, IronForex also revealed plans to set up representative offices in Johannesburg, South Africa and other cities in the Middle East, Europe and East Asia for the rest of 2011.
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