Company news

Synergy FX Reports Record New Account Opens in February Due to Hybrid ECN Launch, Enhances Server and Network Capacity

Synergy FX, a leading Australian Forex broker, announced today that the company shattered previous records regarding monthly new client account opens after the launch of the new Hybrid ECN trading account at the end of January .

The Hybrid ECN trading account offers a new model of trading that combines the best of both A book and B book trading account types. Thus, clients will never risk more than their account balance but they still enjoy the excellent performance, thanks to raw bank spreads that go as low as zero pips, leverage as high as 100:1 and a low, competitive commission. Additionally, Hybrid ECN accounts offer the security of segregated client funds and full ASIC regulation.

Christian Dove, the Chief Executive Officer of Synergy FX, stated: “Black Thursday saw many traders hit by massive losses and the result was an outcry for protection against negative account balances. The Synergy Hybrid ECN account is our response to this outcry and we are proud to be the first to launch such a product on the market. Offering guaranteed and automatic forgiveness for any negative balance in writing is one of the features of this account, and one that, as we are seeing, attracts more traders than ever before to using our services. The demand has been incredible, though not entirely unexpected.”

“The protection our Hybrid ECN accounts offer, along with the superior pricing of raw bank spreads, make these accounts unique on the market. And it’s thanks to our highly experienced team because without their expertise, it would have been impossible for us to create a product that offers both protection and pricing performance,” Mr. Dove continued.

Following the resounding success of the Hybrid ECN Launch, Synergy is poised to dominate the field of Forex currency brokers, and with the massive spike of new customers, according to CEO Mr. Dove, has added significantly to staff, servers, and network capabilities to accommodate the load.

Monday, 16 Mar, 2015 / 4:51

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