Many existing brokerages and banks claim to offer great things to their customers that are simply not true, for example “commission free”. With FX2.0, SMEs now have the opportunity to fully understand the true cost of their currency
London (PRWEB UK) 11 May 2011
FX Capital Group, a technology-led deliverable currency broker committed to introducing clarity to the currency markets, is pleased to announce the launch of FX2.0 – a new style of brokerage for transactions from £1 to £1 million, which is 100% aligned with the customer.
Using sophisticated technology and the ‘power of platform’, FX2.0 removes opaqueness from the currency markets for transactions in the £1-£1 million range by:
- Delivering 100% transparent, consistent and fair currency pricing
- Empowering SMEs to understand their ‘true currency cost’
- Removing the marketing myths of ‘100% commission free’, ‘no payment fees’ and ‘better than bank pricing’
FX2.0 technology has created a new landscape for deliverable FX by empowering customers to make informed decisions when purchasing currency. Customers can now see their true currency costs in real-time or historically – whether trading with their existing bank, broker or with FX Capital Group.
The goal of FX2.0 is to re-establish trust in the SME/broker relationship.
Nigel Verdon, CEO and founder of FX Capital Group, says ‘FX Capital Group is delighted to evolve the currency brokerage market by being 100% transparent and consistent with customers. Many existing brokerages and banks claim to offer great things to their customers that are simply not true, for example “commission free” – so we invite all SMEs to take a closer look at these claims and realise they now have the opportunity to fully understand the true cost of their currency with FX2.0.’
For more information:
Martina Doherty E: martina(at)md-comms(dot)com T: +44 (0)7951 057146
About FX Capital Group
FX Capital Group is a technology-led deliverable currency broker committed to removing the opaqueness of currency markets for transactions from £1 to £1 million. Using sophisticated technology and the ‘power of platform’ we have created FX2.0 – a new generation of deliverable FX that:
- Dispels the market myths of “better than bank pricing”, “commission free”, “no payment fees”
- Delivers transparent, consistent and fair currency pricing
- Empowers SMEs to understand their "true currency cost”
FX Capital Group (a trading name of FX Capital Securities Ltd) is an FSA-authorised payments institution backed by Anthemis Group – a leading investor in “digitally native” financial services companies – and City of London Group – an LSE-listed financial investment company.
For more information visit http://www.fxcapitalgroup.co.uk