What is your name and position?
Joseph Trevisani, Chief Market Analyst of FX Solutions.
What is your professional background?
Joseph Trevisani has 18 years of experience in Forex trading and management. He is currently Chief Market Analyst at FX Solutions. Before joining the online trading industry Mr. Trevisani worked as an interbank currency trader and manager for Credit Suisse in New York and Singapore and for the Bank of Bermuda in Hamilton, Bermuda. He frequently appears on CNBC and Fox Business as a currency analyst and has been quoted in the Wall Street Journal, Reuters, Bloomberg, Dow Jones Newswires, The Chicago Tribune and other news sources. His economic and currency analysis appears in many websites and publications. He has a Bachelor and Masters Degree from Columbia University in New York City.
Who is your target audience?
FX Solutions serves individuals who want to trade currencies online and understand both the risks and opportunities. The "retail" consumer is our end user. These traders represent a wide range of personal, professional and trading strategy profiles. Our customers tend to be younger outside the US than within.
Is the main focus of your business online or offline?
Our currency trading service is exclusively online.
Why should traders choose Fxsol over another broker?
Pricing is the most important factor for a trader and FX Solutions' proprietary pricing engines is one of the most advanced pricing engines in the online currency trading business.
What advice do you have for someone who is just starting to trade the forex market?
Risk management is the most important skill for a currency trader and the hardest to learn. Once a trader learns to limit losses good trade choice can produce trading profits.
How different is the Forex market today from what it was 2 years ago?
The online retail market has matured quickly. Pricing is much more efficient, customers are more knowledgeable and the trading services and charting services offered have become the equal of the professional market.
Do you also offer Fund management services?
We do not offer managed trading services.
Who are the main competitors of Fxsol in the online forex market?
FXCM, Gain, GFT, CMC , Saxo Bank.
What do you think about Forex scam problems in the online forex brokers market?
FX Solutions welcomes and encourages increased regulation in our industry. To the extent that scams exist, additional oversight and accountability should be an effective deterrent.
Where do you see Fxsol in 2 years from now?
We expect FX Solutions to continue its rapid pace of product and service enhancements.
Thank you very much for your time.