By Zachary Storella, investmacro.com

Today, I am very pleased to bring you our latest forex interview with Sergey Kamenshikov from IFC Markets. Sergey is currently the Chief Financial Analyst of IFC Markets, a forex brokerage licensed by the British Virgin Islands Financial Services Commission (BVI FSC). The company provides trading services in foreign currency pairs, CFDs (Contracts for Difference) as well as customizable trading instruments called personal composite instruments. In this interview, Sergey shares information on his company’s features and strengths as well as his views on the future of the forex industry.

Q: Can you give our readers a brief history of IFC Markets and who are the ideal candidates to use IFC Markets?

IFC Markets is a part of IFCM Group, which is involved in development and implementation of new effective projects in the field of financial technologies.

IFC Markets is a leading broker in the international financial markets which provides online Forex trading services, as well as future, index, stock and commodity CFDs. The company has steadily been working since 2006 serving its customers in 13 languages of 60 countries over the world, in full accordance with international standards of brokerage services.

The company is licensed by the British Virgin Islands Financial Services Commission (BVI FSC), Certificate No. SIBA/L/14/1073 and provides its customers with services in the sphere of trading financial instruments both at organized market places and beyond, using trading-analytical platforms NetTradeX and MetaTrader 4.

IFC Markets is a good choice for those clients, who are looking for a reliable partner in financial markets that provides wide range of trading instruments, fixed and low spread, instant order execution, beneficial swap conditions, innovative solutions for trading and analysis and highly qualified technical support.

Q: What can a trader expect when using IFC Markets?

One of our top priorities is to provide qualified services to our customers so as to satisfy even the most capricious expectations and needs. Working with our company, one can expect stable business relationship, based on mutual trust, professional and individual approach and constant development of existing services, taking into consideration fast growing demands.

Q: What do you feel makes IFC Markets stands out from your competitors? What do you feel are the best features or greatest strengths of IFC Markets?

Well, when speaking of outstanding features and strengths, first I want to emphasize our individual approach to each client. Being in the market for more than 8 years, we are constantly doing our best to satisfy each trader’s expectations. Our business model (DMA/STP) is eliminating conflicts of interests and is built on transparent and trustworthy relations with the client.

Another very important feature that makes IFC Markets different among the competitors is NetTradeX Trading Analytical Platform of new generation. The platform is designed and developed by IFCM group especially for our clients and is not available in any other company, besides those that are included in our group.

Let me note another important feature that distinguishes our company from others- PCI technology, based on GeWorko Method. This is an innovative approach to trading and analysis, as it allows clients to create their own instruments, make analysis and trade. This is a unique tool in the market, through which one can obtain any instrument, composed from 2 to dozens of instruments both in the base and quoted parts of the instrument.

Q: One of the most interesting features of IFC Markets, in my opinion, is the Personal composite instruments (PCI). Can you briefly explain what these are and what the benefits of using these may be?

Each user of trading-analytical terminal NetTradeX PC gets access to a unique technology, providing an opportunity to create unique Personal Composite Instruments (PCIs), the variations of which are restricted by user’s imagination only. The technology of creating Personal Composite Instruments (PCI) is developed for technical realization of GeWorko Method (patent pending) on NetTradeX trading platform.

One can create new cross rates, correlations between various assets, currency indexes, stock portfolios, portfolios for pair trading and many more.

The key benefit of the new technology is that it breaks the limits in the number of available assets and grants an opportunity for clients to create instruments based on their imagination and preferences.

As technology is new and very unique, you cannot find any other company offering such technology; I can offer your respected readers to visit our website for more detailed information.

Q: If a trader is interested in finding out more about IFC Markets, testing and maybe trading on the platform, what would be your advice?

Usually for newcomers we always offer to read some literacy before taking some practice. As you probably know our company offers wide choice of educational materials, where newcomers as well as already experienced traders can find much interesting information. Getting familiar to this literacy is first step, after which we suggest opening a demo account for getting practice on the platform, which is absolutely free and does not require any kind of investment.

Q: What do you see in the future for IFC Markets? Do you have any thoughts on the future of the Forex industry?

• Expanding the number of trading instruments, offering CFDs from various stock exchanges, thereby developing the function of the central broker (a broker, providing a possibility to trade from one account in many stock exchanges);

• With the development of the industry to improve trading conditions for the client, based on our model of providing low fixed spreads not only for currency pairs, but also for CFDs on stock market instruments. It must be taken into consideration that the provision of such services requires high technical and dealer professionalism from the company, while reducing the company’s own margin from clients’ trades. However, we believe that the growing number of clients and the volume will compensate this.

• Now the company, unlike the most competitors, has developed and offers unique opportunities not only for speculative trading but also for serious long-term investment (GeWorko Method). We plan to promote our capabilities in different regions, to popularize our services.

Due to the global economic crisis, there was a fall in investment in securities, which resulted in a decrease in demand of brokerage services and asset management. At the same time Forex companies, offering simple speculative margin trading with high leverage with a relatively small number of trading instruments did not lose their attractiveness (here it is seen a certain analogy with the increasing number of visitors to the casino at the beginning of economic crisis). This led to the opening of new Forex companies and expansion of Forex trading services in the oldest brokerage companies. The competition increased, while the revenues fell. Companies are trying to stay afloat by providing more and more trading opportunities to clients. Thus, Forex companies began to expand the list of instruments through Commodity CFDs. In addition, models of asset management (PAMM accounts) are offered, investment in different mutual funds, etc.

As a result, interesting patterns occurred:

– Forex companies are more democratic for clients, than stockbrokers, it is easier to open an account, the leverage is higher, deposit requirements are lower, etc;

– Providing a huge amount of trading instruments from different stock exchanges through CFDs, Forex companies easily provide functions of a central broker;

– Can offer trading without exchange scalping through fixed spreads on stock market instruments;

– It may be stated that for the majority of clients trading will be easier and more profitable in the Forex companies. Moreover, for risky clients there is a chance to increase their capital in a short time;

Regulation of Forex companies is much softer than that of the stockbrokers, which allows providing and constantly expanding the huge list of trading services. So, I think that the brokerage activity is undergoing serious changes and Forex companies play the major role here.

Thank you Sergey for taking the time to share your thoughts and information on your company for our latest forex interview.

To find out more about IFC Markets and to learn about their services, please visit IFC Markets at www.ifcmarkets.com.