FOREX Club was the most popular company on the Chinese Forex market in 2006.
On Saturday, January 27, the largest Chinese financial portal Hexun.com celebrated its tenth anniversary. In honor of this event an annual awards ceremony was held for the best companies operating in more than ten financial sectors in the PRC.
The year 2006 was a landmark year for the financiers of China, and it was against this background that the annual awards ceremony hosted by the Hexun.com portal acquired a special interest. This was the first time that to the list of awards was added the nomination for the title of the "Most Popular Company on the Chinese Forex Market in 2006". To take part in the competition, all companies must be regulated and they must also offer their services in China. To select the best of the best among the nominees, the organizers of the competition offered their website visitors an opportunity to evaluate these brokers on the following parameters:
Degree of controllability
Size of the registered capital
Security of the customer's funds
Accuracy and adequacy of quotations
Volume of transactions
Availability of services and convenience of the online trading platform
More than 10 major international and Chinese brokerage houses and companies participated in the competition. The winners of the contest were chosen by the regular users of this portal, which currently numbers more than 3 million. The results of the contest were not revealed to the participants themselves right up to the awards ceremony. Based on past year's performance, 5 leading brands were announced as the winners -GainCapitalGroup, CMCMarkets, FXCM, CMS), and of course FOREX CLUB group of companies. The ceremonies were attended by more than 500 heads of major Chinese banks, insurance and financial companies, as well as representatives of key Chinese government bodies, including the Foreign Exchange Control Committee, the National Bank of China, the Internet Committee and other dignitaries.
The year 2006 was the final year of the phased entry of China into the WTO in the financial sector, which led to a number of major innovations: first, foreign banks were allowed to offer a full range of services on the China market, foreign investors were allowed to buy many shares that previously were not available to them and Chinese citizens were allowed to exchange their national currency for foreign currency. In part thanks to these changes taking place in 2006, China's stock market for the first time in many years began to offer substantial profits, mutual funds became more popular, and the foreign exchange reserves of China grew to become the largest in the world.
The year 2006 was a landmark year for the financiers of China, and it was against this background that the annual awards ceremony hosted by the Hexun.com portal acquired a special interest. This was the first time that to the list of awards was added the nomination for the title of the "Most Popular Company on the Chinese Forex Market in 2006". To take part in the competition, all companies must be regulated and they must also offer their services in China. To select the best of the best among the nominees, the organizers of the competition offered their website visitors an opportunity to evaluate these brokers on the following parameters:
Degree of controllability
Size of the registered capital
Security of the customer's funds
Accuracy and adequacy of quotations
Volume of transactions
Availability of services and convenience of the online trading platform
More than 10 major international and Chinese brokerage houses and companies participated in the competition. The winners of the contest were chosen by the regular users of this portal, which currently numbers more than 3 million. The results of the contest were not revealed to the participants themselves right up to the awards ceremony. Based on past year's performance, 5 leading brands were announced as the winners -GainCapitalGroup, CMCMarkets, FXCM, CMS), and of course FOREX CLUB group of companies. The ceremonies were attended by more than 500 heads of major Chinese banks, insurance and financial companies, as well as representatives of key Chinese government bodies, including the Foreign Exchange Control Committee, the National Bank of China, the Internet Committee and other dignitaries.
The year 2006 was the final year of the phased entry of China into the WTO in the financial sector, which led to a number of major innovations: first, foreign banks were allowed to offer a full range of services on the China market, foreign investors were allowed to buy many shares that previously were not available to them and Chinese citizens were allowed to exchange their national currency for foreign currency. In part thanks to these changes taking place in 2006, China's stock market for the first time in many years began to offer substantial profits, mutual funds became more popular, and the foreign exchange reserves of China grew to become the largest in the world.
31 January
