Labuan, Malaysia – (NewMediaWire) – January 13, 2023 – Exfor, the LFSA regulated and recognized trading platform that combines cutting-edge technology and deep knowledge to revolutionize the forex market, has launched a new business model. According to the team, this model will allow Exfor to eliminate several challenges facing the currency market, opening up opportunities for potential growth and expansion. Today’s market is a minefield for small investors who pay the most, receive information the slowest and are not regulated. Exfor’s business model will enable the average trader to execute on the same level as the top dogs of Wall Street.
Exfor’s new financial model is based on subscription. Clients should subscribe either monthly, quarterly or annually to receive raw spreads and exclusive entry into the Forex market. As one of the new products of this company, Exfor is aimed at challenging the status quo in the financial market, leading a movement to eliminate existing problems and supporting progressive, innovative ideas.
The first of its kind in the forex market, the subscription format is perfectly aligned with Exfor’s goal to continuously and diligently improve the way users access the financial markets. Exfor additionally integrates a separate bank account where client funds are safely stored.
A unique financial model
Exfor’s newly launched subscription model will allow clients to pay a monthly fee of $25 and receive premium spreads and unlimited access to over eighty financial instruments, according to the website. The subscription-based model resolves any form of company-client conflict that may arise, offering clients transparent, secure and innovative access to the forex market.
Exfor’s subscription model eliminates commissions. Subscribed members will receive raw spreads and will not have to pay a commission on each transaction. The Exfora team understands market conditions and users and strives to meet their needs through this subscription-based approach.
Exfor, unlike its competitors, strives to create a truly transparent commission-free platform where users not only have financial freedom, but are free to take as many trading actions as they see fit. Clients will get full and unlimited access to ranges at zero commission rate for monthly, quarterly or annual subscription plans.
Exfor’s new business model will allow merchants to escape from the enslaving and unprotected systems of payment platforms. Users only need to make a minimal payment as a monthly subscription package instead of paying huge percentages as commissions from their successful stores. This business model is the first on the market; no other competitor offers such a lucrative offer to private investors.
“Typically, a trader pays a lot of commissions for his transactions, which is ten times more than a stock trader. For $25 a month, we provide an excellent opportunity such as the lowest spread on the market and full transparency of all our transactions,” says Exfor’s team.
Exfor’s team consists of experts and professionals in the forex industry and technological development. Ivan Marchena’s decade of experience in financial technology is a testament to Exfor’s mission to hire only the best minds in the field.
Another brilliant mind in Exfor’s team is Khaled Alkheder, a well-known financial consultant with a Ph.D. in International Economics. Khaled’s more than half a decade of experience in the financial and banking sector as a regional head of many brokerage firms will come in handy at Exfora.
Roadmap, existing and potential partnerships
Exfor is committed to delivering a genuine, secure and technologically advanced trading platform for clients. The company has partnered with various tech development support companies such as FxBackOffice, Brokeree Solutions, Metaquotes, Your Bourse, etc. The team hopes to continue working with more tech-based companies and is currently in talks with renowned representatives on the foreign exchange market.
Exfor plans to expand the company, entering new markets in Latin America, the Middle East, Africa and Asia. While the offices are scattered in most parts, Exfor plans to enter new markets like UAE, Saudi Arabia, Kuwait, Egypt, Jordan, Brazil, Peru, Colombia, Argentina, Mexico, etc. In addition, the team is working on building an investment bank within the next two years. .
Exfor is a recognized and regulated trading service provider that constantly strives to improve existing products and trading conditions. Through this new and unprecedented subscription-based financial model, Exfor will eliminate some of the barriers to the growth of the foreign exchange market. Exfor Limited, in addition to protecting client assets, offers a Client Asset Protection Policy through Insurance Policy Number: AMK/0908345/908680/2022 issued by Africa Merchant Assurance Co.ltd. Sum insured: up to USD 1,000,000 per applicant.
Company name: Exfor
Company contact person: Ivan Marchena, Business Development Manager
Company website: https://www.exfor.com/about-us
E-mail: [email protected]