Forex Trend 2 started in the face of PrivateFX
As promised earlier, since October 1, the project, popularly called Forex Trend 2, started its work with the financial support of Concorde Capital.
Forex Trend + Concorde Capital = PrivateFX
Officially, the new company is called PrivateFX, has its own website, but does not yet have its own logo. The new broker has already confirmed the transfer of several thousands of former clients to the company of a bankrupt brokerage called Trend..
Initially, the project was planned to be launched by September 1, but according to a Concorde Capital representative, the date was postponed to October 1 due to technical deficiencies.
According to the available information, the technical support service of PrivateFX will start its work from October 5, and the broker will start working in the normal mode on November 1. At the moment, the MetaTrader software complex is being implemented, which will be completed within the next 7-10 days. After that, a demo mode will be launched for more detailed familiarization with the broker's services without using real money.
-Broker PrivateFX will have two managers. The company with a European license will be managed by Kyriakos Kyriak, and Denis Nikolaev will become the operating director.
Among the services of the revived Forex Trend will be both PAMM accounts, trading in securities, binary options, standard services on the market, and a new product - Active Investor, which has the functionality of income and risk management of the client.
It is worth noting that PrivateFX or the project Forex Trend 2, is the successor - broker "Trend" only conditionally, because it offered certain benefits to customers of a bankrupt company. From a legal perspective, PrivateFX has nothing to do with " Trend" .
According to the management of the new company, its main task is to attract successful managers who will become the backbone of the broker. Let's see whether this venture will succeed, given the widely known and negatively colored history of its predecessor PrivateFX.
We launched a little later, in December. But otherwise, everything is working, profits are being withdrawn.