The Forex market can be daunting to newcomers, and it can even be tricky for professionals with many years of experience. We’ve compiled four Forex myths to help you out there.
Top Testimonials of 2016
Last year was definitely a challenging year for the foreign exchange market and for South Africans trying to manage with a very temperamental and unpredictable rand. However, when taking a look back at 2016 and chatting to some of our clients we see that somehow we managed to hang in there and successfully guide and support them through these troublesome times. Read what they had to say about the service they received.
How ForexPeople can make a difference to your daily business activities
ForexPeople has been in the Forex business since 2003. We are committed to making the lives of our clients easier by offering them innovative solutions, world-class service, reliable support and expertise when it comes to Forex dealings. We are the perfect choice for importers and exporters because we offer tailored products, smart service, and simple registration. Whether you are an importer, a wealth managers, an expat, an attorney or just your average family man we are here to make your life easier. Here are eight scenarios of how we have made our clients’ lives simpler, more predictable and more cost effective.
Forex intermediaries – a safe and credible alternative for forex dealings
Unfortunately, if you thought 2016 was a wild ride, it is likely to just have been the opening salvo before more upheaval. The foreign exchange market is set to be even more volatile in 2017 than before. And a volatile rand breeds risk and insecurity. However, just like the rest of the banking world, foreign exchange services are being shaken up thanks to the rise of financial technology (fintech) players. Fintech is disrupting and disintermediating traditional financial institutions such as banks, in the same way that Uber overhauled the taxi industry. Read more…
The banking world is one of few industries that hasn’t been “uberized”… yet – Insights from our CEO, Richard Beddow:
Banks have always been the sole providers of financial products and services—that is, until now. It’s 2017 and the banking industry faces a new challenge in the form of ‘disruptive bank alternatives.’ A survey found that 40% of customers no longer rely on their banks as their sole financial service providers, and customers are increasingly turning towards non-bank providers for financial services. 20% of customers who haven’t yet used non-bank providers plan to use them in the near future. Read more…