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May 23, 2012 04:53PM GMT
     
 
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XForex
XForex
 Information  

 
 
Contact Info
Website: www.xforex.com
Phone: +35725022788
Company Addresses:
Spyrou Kyprianou 38
CCS Building
Limassol
ON M5V 1X2
Cyprus
 
 
Payment Methods
 
Visa
 
Mastercard
 
Diners
 
Wire
 
 
 
Withdrawals Method
 
Visa
 
Mastercard
 
Diners
 
Wire
 
 
Interview with Matthew Sheppard - Senior Forex Advisor at XForex

Interview with Matthew Sheppard - Senior Forex Advisor at XForex

1.    What is your name and position?
Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.

2.    What is your experience and professional background?
In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.
 
3.    What type of clients you deal with?
We deal with clients on all levels from the beginning stages to the more advanced trading levels.

4.    Does most of your business activity come from the online or offline world?
Because of our high presence on the web, most of our business comes from the online world.

5.    Why should a trader pick XForex from all forex brokers?
Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..
Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.

6.    From your experience, what advice would you give a person who wants to enter the forex world?
My advice to the beginning trader entering the Forex world is as follows:
•    Learn the market and understand what you’re getting into.
•    Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship.  I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
•    Invest smartly and calculate your risks
•    Always know when to get out of a trade
 
7.    What are the changes have there been in the last several years in the forex market?
The changes are too long for me to discuss in a single interview. In a nutshell, with the world economic crisis hitting, we witnessed the collapse of almost all financial markets. This left investors searching for a safe haven for their money.  They found Forex, in the Forex market you can make money whether markets are falling or rising, all you need is to be right about the market direction.  In addition, with the high leverage offered in the Forex market, investors can make quick profits. The result of the economic situation helped transform Forex into the world’s leading financial market with over $4 trillion changing hands daily; this is far more than any other market in the world.

8.    Do you offer portfolio management services?
No, we do not offer portfolio management services. Our services offer people the opportunity to trade foreign exchange, trade gold and silver and use high leverage to gain high profits.

9.    Who are your competitors?
I truly feel that as far as customer service we have no competitors. However we share the Forex marketplace with- Easy-Forex, IForex, FXCM, GFT, AVAFX, ForexYard and more.

10.    What are the new features XForex has to offer in its new platform?
In XForex new trading platform you can enjoy many features that will improve your trading experience such as:
Your own Practice account – this will allow you to practice trading and learning the market ways and how to profit from currencies and metals.
 Market Analysis – we provide for each trader on our platform daily, weekly and monthly market analysis that gives the trader a full disclosure on the markets.
Financial experts’ reports – when trading with our platform you have an access to XForex exclusive daily reports. These reports delivered during North American, European and Asia-Pacific trading sessions shows what FX traders, analysts and strategists are saying, including expert commentary on technical analysis, target levels, market strategies and trading flows on all major currencies.
Follow top traders – we give our traders the opportunity to view, at any given point, who our top traders are and how they are performing. Showing our clients how professionals trade, take risks and profit.
Financial calendar - This unique tool displays all major economic indicators for the convenience of our traders. The calendar is wrapped in an easy and simple format enabling our traders to get a market snapshot and strategize their moves.
Trader Segmentation – our platform offers traders from all levels to come and join us. New traders  and advanced traders can open an account and enjoy unique promotions and features tailored made to their needs.
 
11.    Where do you see XForex within 2 years from now?
I see XForex expanding its activity and reaching even more markets globally. The XForex brand will become more dominant in the next 2 years, allowing us to grab a bigger market share and help more people make the most of their money.



CFDs Quotes
 SPX 500 Futures1298.45-16.30-1.24%  
 NQ 100 Futures2507.30-27.95-1.10%  
 US 3012344.50-158.31-1.27%  
 DAX6285.75-149.85-2.33%  
 UK 1005266.41-136.87-2.53%  
 Japan 2258556.6-172.69-1.98%  
 US Dollar Index82.28+0.47+0.58%  
CFDs Quotes
 Gold1544.05-32.55-2.06%  
 Silver27.355-0.824-2.92%  
 Copper3.399-0.088-2.52%  
 Crude Oil89.78-2.06-2.25%  
 Natural Gas2.761-0.015-0.52%  
 US Cotton No.271.52-3.00-4.03%  
 US Coffee C167.40-6.53-3.75%  
 
 EUR/USD1.2566-0.0118-0.93%  
 GBP/USD1.5695-0.0065-0.41%  
 USD/JPY79.34-0.62-0.78%  
 USD/CHF0.9558+0.0088+0.93%  
 AUD/USD0.9716-0.0093-0.95%  
 USD/CAD1.0266+0.0060+0.59%  
 EUR/CHF1.2010-0.0002-0.02%  
CFDs Quotes
 Euro Bund144.16+0.67+0.47%  
 Euro BTP101.19-0.65-0.63%  
 Euro BOBL126.326+0.300+0.24%  
 UK Gilt119.52+1.09+0.92%  
 US 2 YR T-Note110.23+0.03+0.03%  
 US 10 YR T-Note133.85+0.42+0.31%  
 US 30 YR T-Bond148.45+1.31+0.89%