DMM FX Australia (DMM FX) has communicated its strategic focus and vision for the future. This comes as a welcome indication that DMM.com*, the group behind the Australian online forex and CFD broker, is confident in the DMM FX business model and its imminent success.
Low Trading Cost Strategy
Capitalising on its low Fixed** spread offer, ranging from as low as 0.5 pips on major currency pairs, DMM FX spearhead its competitors delivering the super low cost of trading in the FX industry. They have pursued every avenue to attract traders, through increased leverage options between 1:1 to 1:600 and expanding client account choice to 6 base currencies, free of commissions and account fees. They were also the first Australian broker to permit no minimum on stop/limit order distance. DMM FX operates a dedicated 24/6 customer support service and multiple instant payment options provided to clients.
DMM FX has invested greatly in its infrastructure, including moving their trading server to the safety and security of Equinix TY3 Data Centre, Tokyo. This has given clients enhanced trading speed and stability. Traders looking for something extra are well catered for with the following current campaigns which include: $30 Welcome Bonus, 100% and 30% Deposit Bonus, No Fees charged for Deposits and Loyalty Rewards Program.
Awards
Since its inception just two years ago, DMM FX has been a major contender in the industry, with enviable trading volumes and client base growth. Their awards include: Most Innovative Broker - FX Empire 2014 and Best Broker in China - China (Shanghai) Forex Expo 2015.
Vision for the future
DMM FX is focussed on its continued expansion in the online forex market, with a clear understanding of what is required to compete in the industry and satisfy traders. CEO Yoichi Akase commented on how the company remains steadfast to maintaining leadership in this realm, “We have many exciting new developments and projects planned for 2016. There will be more trading platforms and of course reward campaigns.” With over 12,000 clients in more than 120 countries across the globe, DMM FX shows no signs of slowing down.
*Financemagnates reported DMM.com Securities had the second highest monthly turnover amongst retail investors in Q2 2015.
**At DMM FX, spreads are fixed over 90% of the time during normal trading hours (spreads may widen during volatile or illiquid market conditions).
Risk Warning: DMM FX Australia holds ACN 160 659 290 AFSL 437734. Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. DMM FX Australia is regulated by ASIC [AFSL 437734 ACN 160 659 290]. The FSG and PDS should be considered before deciding whether to acquire, hold or dispose of DMM FX’s financial products or services.