An Interview with AKForex

What is your name and position?

The Company AKFOREX was founded in September of 2003 by Mr. Anastasios Katsoulakos. He is the owner and managing director.

What is your professional background?
Anastasios Katsoulakos was born on October 31th, 1976 in Athens, Greece and graduated with a Masters of Business Administration from The Economic University of Athens, in 2000. During his studies he started his working career with J.S.I (a Forex company based in Athens) as a broker. He has been involved in Forex trading since 2000. In 2003 he established AKFOREX.

Who is your target audience?
We work with Forex traders at all levels.

Is the main focus of your business online or offline?
Online.

Why should traders choose AKFOREX over another broker?

They are many reasons why our clients choose to work with us:

• Institutional Pricing/Spreads. You do not have to open institutional account to get this low spread. All accounts, including mini accounts, will have the benefit of the institutional spreads.
• Superior Execution
• Most advanced trading platform Meta Trader 4
• Free Forex education for our clients
• Personal, dedicated account support person is available to take your questions
  about trading anytime

What advice do you have for someone who is just starting to trade the forex market?
The Forex market is a very difficult market involving high risk .At AKFOREX, we believe that good training is essential to achieving trading success.

Some tips for new forex traders:

• Practice, practice, practice (Demo account).
• Don't trade unless you're well financed
• Build a trading system and follow it.
• Have specific goals and objectives.
• Use money management principles. Money management increases the odds that the trader will survive to reach the long term goals.

How different is the forex market today from what it was 2 years ago?

The Forex market has gone from being a highly professionalized arena, to being

open to all sorts of traders.

The main differences:

• Regulation
• The traders are better informed
• The cost of trading. The spread between the currencies that Brokers provide is shrinking every year which is a great advantage to the everyday trader.

Do you also offer Fund management services?
Yes

Who are the main competitors of AKForex in the online forex market?
We believe that all companies properly regulated and providing the same online business are competitors.
 
What do you think about Forex scam problems in the online forex brokers market?
I definitely consider this problem a major one. The relevant bodies need to further regulate the FX markets. Also the Forex traders need to be careful and check their broker before opening an account.

Where do you see AKFOREX 2 years from now?
Servicing the Forex traders at all levels around the world by offering the better services.

Thank you very much