Do not invest more money than you can afford to lose.
Templeton Securities Ltd., a UK stock brokerage, has launched a retail forex trading service under the brand broker Templeton FX, financial news provider LeapRate reported on Tuesday, citing the company’s co-founder and director, Mike Andrews.
According to Andrews, the brokerage intends to focus on the UK market, but does not exclude expanding its presence in other countries through introducing brokers (Ibs).
“We will of course enable our IBs in other countries allowing them to build our brand on our behalf as appointed representatives of TempletonFX,” he said.
Templeton FX offers Straight Through Processing (STP) access to forex, futures, and contracts for difference (CFDs) on forex, equities, stocks, metals, and energies, as well as spread betting. Its product portfolio features more than 60 currency pairs and all major indices. The broker supports two trading platforms – MetaTrader 4 (MT4) fir forex instruments and AlphaPro for multi-asset trading products such as CFDs, equities, futures and bonds.
Templeton FX’ business model is simple – it does not offer clients bonuses or high leverage, but it sticks to the four key components of trading, according to Andrews – rapid trade execution, tight spreads, choice of products to invest and trade in, and an excellent service of their account.
Templeton Securities, set up in 2006, is licensed and regulated by the UK Financial Conduct Authority (FCA). It is an IB to forex and CFDs brokerage Alpha Capital Markets, or ACM Group.
Source: LeapRate
