discountFX – the new choice for experienced FX & CFD traders
“Since discountFX clients will predominantly interact with systems, our services are most suited to traders with experience or at least to those who know how to complete a registration process with a licensed European broker without the assistance of a sales team” says Rifat Sayim, CEO of GBE Brokers which has launched the new brand
A new brokerage brand has recently entered the financial services market, offering revolutionary value to online Forex and CFD traders across the globe. discountFX is a brand of the German managed GBE Brokers ltd which operates under its CySec financial services license.
With its fresh look and reliability, discountFX offers forex trading at the shocking fixed commission rate of just $1.99 per round turn lot and Zero markup on raw spreads. And if your base account currency is EUR – the charge will be just €1.75 per lot.
Online traders can buy and sell over 200 different CFD products with discountFX including Forex Minors, Majors and Exotics, but also Stocks, Metals, Indices, Commodities, Energies, and even Bonds.
But how are such low rates even possible? At its core discountFX is a digital brand. Its overheads are truly driven to a minimum. The brand does not use expensive headquarters, it has no built-in bureaucratic staff structure and above all it does not have a Sales team.
GBE brokers CEO, Rifat Sayim, commented from Hamburg “Since discountFX clients will predominantly interact with systems, our services are most suited to traders with experience or at least to those who know how to complete a registration process with a licensed European broker without the assistance of a sales team.”
On top of its extremely low cost of trade, discountFX offers forex traders with security and premium technology. Clients will trade under the European CySec license of the brand, will benefit from segregated accounts, and will be protected by the Investment Compensation Fund (ICF).
As far as the technology is concerned, discountFX uses a solid backbone infrastructure tailored with aggregated Xcore liquidity and the stable MetaTrader 4 trading platform.