FXdirekt Bank Reports Back on Successful Business Year 2007
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Oberhausen, 5th February 2008:
The previous year brought with it many new highlights for FXdirekt Bank. The most important milestone was the successful introduction of the multimarket trading platform, FEXtrader Pro®, and the expansion of the product range to include stock CFDs and index FFDs.
The German Alternative for CFD Trading
The FEXtrader Pro® trading platform currently offers the highest technical level in online forex and CFD trading. “The feedback on FEXtrader Pro® has been extremely positive – our clients value the innovative features such as SMS and email alarms and our attractive terms – for example EUR/USD spread from 1.75 pips,” explains Wolfgang Stobbe, CEO of FXdirekt Bank. Due to the newly expanded product range and successful advertising campaign on n-tv and N24 the bank achieved over a 30% increase in its client base. This led to a corresponding growth in turnover for 2007. FXdirekt Bank’s collaboration with Cortal Consors also developed positively during 2007. The extension of the existing collaboration means that Cortal Consors’ clients can also benefit from the broader product range and trade CFDs on shares such as Porsche, Deutsche Bank or a wide range of stock indices.
Third Broker Award Victory
In 2007 FXdirekt Bank had its first individual stand at the INVEST trade fair in Stuttgart. Scores of clients and prospects took advantage of the opportunity to speak to experts from FXdirekt Bank about online forex trading and the company’s innovative trading platform. The highlight of the event was the “Brokerwahl” (German Broker Awards) awards ceremony, which took place during the trade fair. For the third consecutive year FXdirekt Bank was victorious – defending the title of Forex Broker of the Year.
At the end of 2007 the first Customer Board meeting took place. The aim of the Customer Board is to intensify communication with clients, enabling the bank to react more quickly to its client’s needs. Thomas Busch, Head of Sales at FXdirekt Bank, is delighted with the results of the first Customer Board meeting: “We are aware of the vital importance of continual improvement and innovation – and naturally the views of our clients’ are of the utmost importance. The Customer Board enables us to develop new projects and concepts together with our clients and therefore better meet the needs and wishes of our clients.
Prospects for 2008
In the coming months FXdirekt Bank’s clients can look forward to the introduction of further underlyings – commodities such as sugar and crude oil and products such as the bund future. “With our broad product range, unique service and innovative trading platform FXdirekt Bank has further consolidated its market leading position,” states Wolfgang Stobbe, “we are extremely pleased with the previous year’s performance and the company’s sustained growth. The next challenge has already begun – we are working hard to achieve our targets for 2008: top of the list is our continued expansion into further European countries.”
© 2008 FX Direkt Bank AG