By Admiral Markets
Conferences, seminars and expos are not only an opportunity for traders to expand their knowledge, polish strategies or network with professional traders. These types of events also help to push the trading industry forward, by building a stronger community and outlining future trends.
Admiral Markets is one of those companies working on the betterment of the Forex & CFD brokerage. As such, Admiral Markets constantly organises, sponsors and participates in a number of worldwide trading events, including annual conferences, the UK Forex Awards and a series of live seminars in Latin America, Australia, Central and Western Europe.
The latest of such events is World of Trading, which took place in Frankfurt on 18 and 19 November 2016. This expo is recognised as the biggest trading event in Germany, with Admiral Markets having participated not only as a silver sponsor but also presenter. Heiko Behrendt and Jochen Schmidt, two of the most famous traders in Germany, hosted a presentation on the Germany’s most wanted trading instrument, DAX.
The expo was also used as an opportunity to introduce Admiral Markets’ newest service – Volatility Protection. This is advanced order settings designed to prevent order execution during periods of high volatility, by allowing to set up personal slippage or volatility limits.
Another service featured at the expo was the Negative Balance Protection Policy – a safeguard mechanic against losses exceeding the entire account, for eligible clients. A negative balance in Forex & CFD trading is a distinct possibility, despite the widespread use of stop-losses and margin calls. Jens Chrzanowski, the head of Admiral Markets branch in Germany, stated that this is the reason why many retail traders do not use CFDs.
The addition of the Negative Balance Protection Policy helps to limit this risk. “Admiral Markets has a range of safeguard features to protect our clients from losing their entire balance due to market volatility,” Mr Chrzanowski added.
Admiral Markets ended its panel with a special offer. Jens Chrzanowski decided to celebrate his birthday by giving customers a personal promotion, which he described as “The boss pays you the beer”. This local promotion allowed traders to deposit money and trade up to four instruments for up to 40 days for free, with the spread being refunded at the end of this period.
According to Mr Chrzanowski, this special offer helped add a personal touch to Admiral Markets services. “Admiral Markets has always been conscious about maintaining a customer-first attitude and this is another step in this direction,” he added.
Many other brokers were also present at the expo, including ActiveTrades, CMC Markets, FXPro, JFD Brokers, Ayondo and FXCM.
For more information, please visit Admiral Markets official website.
Risk disclosure: Forex and CFD’s carry a high level of risk and losses may exceed your initial deposit. Admiral Markets UK Ltd. recommends you seek advice from an independent financial advisor to ensure that you understand the risks involved with Forex, CFD’s, Margin and Leveraged trading.