BalansFX captures “Most reliable broker – Turkey” recognition by ForexRating.com Awards 2021

FinanceFeeds Editorial Team

The honour of being the “Most reliable broker – Turkey” was recently awarded to BalansFX, the leading multi-asset brokerage firm, by the ForexRating.com Awards 2021.

BalansFX earned the top spot in this segment thanks to offering its traders a well-rounded package of investing tools and excellent trading conditions. The brokerage firm continues to enhance key pieces of its responsive MetaTrader platform while committing itself to lower the cost of online trading for clients.

For over 11 years, BalansFX has been a trusted forex platform, earning recognition for delivering a high-quality, trouble-free, and consistent trading environment for European and Turkish traders. The platform has been identified among the brightest Forex brokers in Europe since 2011. The process has evolved into recognising the excellence of many trading features, including trade signals, that BalansFX offers through its MetaTrader 5 platform.

BalansFX representative comments:

“After competing against a plethora of well-known FX brokers, BalansFX couldn’t be happier at winning the “Most reliable broker – Turkey” award. For more than a decade, we’ve taken every possible step to ensure that our clients experience seamless service without any disruptions. This prestigious award honors the BalansFX entire team for always going above and beyond to maintain the same high standards of service in this dynamic environment. We remain committed to providing top-notch investment products and to continually enhance our offering to existing and potential customers no matter what uncertain circumstances come our way.”

BalansFX is a member of the Financial Commission, an independent external dispute resolution body (EDR). Aside from handling disputes, the Financial Commission protects the interests of traders, providing a compensation fund of up to €20,000 per claim.

The ForexRating.com Awards 2021 recognises the leading FX brokers and technology providers from across the globe who offer their clients excellent services to facilitate significant improvement in their investment expertise. The nominations were based on spearheading groundbreaking achievements, superior performance, innovations, and progressive contributions in the online trading industry.

“We would like to thank the amazing team at BalansFX for being able to maintain superior services that ultimately decorated them for this fabulous recognition. Winning the top spot in the highly-competitive “Most reliable broker – Turkey” segment is a testament that the market participants have noticed their efforts to make the trader’s journey easier. The firm has also invested heavily in customising their offering with top-notch educational resources, easy navigation, clear pricing structures, and premium plugins,” said a representative of ForexRating.com. “ForexRating.com award winners have been voted for by the top industry experts and chosen for their world-class service.”  

About BalansFX

BalansFX has been operating in European countries since 2011 and entered the Turkish financial markets in 2018. Founded in London with the collaboration of the industry’s leading investors, the company provides services in the fields of Forex, Commodities, Stocks, and Cryptocurrencies with its expert team and experience.

BalansFX meets the demands of investors in a complete and timely manner with all the trading platforms developed with the latest technology by considering all the investors’ needs.

About ForexRating.com

The ForexRating.com Awards deeply analyze and provide insights around the most important business segments across the Forex industry. Our prestigious nominations grant public recognition to top brokers and best-in-class financial service providers while empowering market participants with an in-depth understanding to foster more informed decision-making.

The global reach of ForexRating.com Awards uniquely highlights varying customer satisfaction worldwide and addresses their needs by awarding industry players based on an independent, quantitative and qualitative assessment process.

The team behind ForexRating.com is a group of highly experienced forex professionals. Each member has over a decade of experience in the global forex industry. ForexRating.com has put a great amount of time, effort, and resources into the creation of the most accurate rating system available for the forex industry.

Read this next

Executive Moves

CMC Markets taps Finalto’s Julia Free to head UK compliance

CMC Markets PLC (LSE:CMCX) has onboarded Julia Free as its newest head of UK compliance as part of a broader organizational reshuffling at the UK’s biggest spread better.

Digital Assets

Ankr successfully patches hack, will reimburse victims and take actions to prevent further attacks

DeFi protocol Ankr plans to reimburse its affected users after a hacker managed to exploit a bug in its code that allowed for unlimited minting of its liquid staking token.

Industry News

ASIC cancels/suspends AFS license of AFSL Group and Quantum Funds Management

ASIC canceled the AFS license of AFSL Group because it failed to lodge statements and audit reports and it did not maintain AFCA membership. The Australian regulator suspended Quantum because it does not have the required professional indemnity insurance coverage.

Executive Moves

BidX Markets hires Shaun French as Research Analyst – Multi Asset

“We believe with his background in the Financial Markets and being based in Dubai, he will be able to provide our clients with access to outstanding research, while also being in a great location to help support our international clients base which is growing at a rapid pace’’.

Institutional FX

Nasdaq migrates US options exchange to AWS with +10% performance in round-trip latency

Nasdaq has announced the successful migration of the core trading system of Nasdaq MRX – one of its six U.S. options exchanges – to Amazon Web Services (AWS).

Institutional FX

TraditionData launches oil swaps pricing data at a critical time in OTC oil traded markets

TraditionDATA has announced the release of a new proprietary Oil Swap Model (OSM) which brings further visibility into illiquid and opaque oil markets.

Technology

TNS connects to Tel Aviv Stock Exchange (TASE) as market data vendor

“This latest exchange connection allows TNS to provide access to approved recipients, including exchange members and market data vendors. This project includes market data for TASE’s equities and increases the number of market data feeds we now offer globally.”

Executive Moves

Cowen Digital taps ex-Blockchain.com Taylor S. Cable to lead Europe and Asia operation

“Cowen Digital is a pioneer in delivering institutional grade access to the digital asset ecosystem and I am very excited to join the team at this pivotal time to grow our presence in Europe and Asia.”

Industry News

ASIC sues American Express Australia for lack of TMD on credit cards

“ASIC has now taken multiple actions under the design and distribution regime, including issuing over 20 interim stop orders. This regime turned a new page in the regulation of financial products in Australia and is intended to deliver better outcomes for consumers. It is a priority for ASIC to maximize these increased protections and see the long-term benefits of the DDO regime realized.”

<