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AN INSIDE LOOK INTO THE BINARY OPTIONS WORLD – INTERVIEW IQ OPTION EUROPE LTD

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IQ Option

IQ Option Europe ltd, Binary Options broker holding industry leadership all over the world (by version of IFM Awards 2015) has acquired a great interest.

IQ Option

Reporter: Hello, Dmitrii! Let me congratulate you and your company for numerous awards and recognition in the industry.

Dmitrii Zaretskii: Hello. To me individually and for the whole our company this means that we are on target.

Reporter: IQ Option has already been recognized as the most reliable binary options broker by version of IFM Awards 2015.  What has determined such desirable and constant success of the company?

Dmitrii Zaretskii:  It ensures the credibility of the broker concerning quotes` correctness of assets and currencies. Moreover quotes are used not only at expires but also at the moment of transaction.

The company is certified with PCI DSS Level 4 and uses payment aggregators with payments PCI DSS Level 1 certifications (Ecommpay, Safecharge). This certification verifies data encoding, security of data storage on servers, existence of backup and absence of vulnerability.

Reporter: Your company offers a wide range of different binary options. Which type is the most popular?

Dmitrii Zaretskii: Our customers prefer turbo options with very short (0.5-3 minutes) expiry periods, and it’s understandable: in turbo options a proper strategy can bring quite good income in a short time.

Reporter: What assets can your customers choose for binary options? Which assets are popular among traders and why?

Dmitrii Zaretskii: We have a wide range of assets. There are currency pairs both popular (EUR/USD, GBR/USD etc.) and cross currency pairs; also the major share indexes (Dow Jones, Nikkei, NASDAQ), commodities (gold, silver), shares of leading international companies. Currently we provide 89 assets and don’t plan to stop.

Reporter: Please tell us in more detail about conditions of binary options you offer for customers.

Dmitrii Zaretskii: Trading conditions we offer to our customers can meet any demands. Judge for yourself. Expiry period of options varies from 30 seconds up to a week: there are opportunities for scalpers, day-traders and mid-traders. Profit is up to 92% in case of successful investment(depending on the asset and market situation), it means that the risk/payoff ratio (for which binary options are criticized) is in favor of a trader.

Reporter:  The minimum deposit for trading binary options in the company is only 10 dollars. Does such unusually low barrier for entry into a market make sense for IQ Option business? 

Dmitrii Zaretskii: Yes, of course, because this way we give an opportunity for more people to try themselves in trading using the unique platform. Those who like can invest for real trading. We wouldn’t like to force people to pay a lot of money at once if a client doesn’t realize what he came for.

Reporter:  Besides usual real accounts and VIP accounts you provide traders with an opportunity to try on demo accounts.

Dmitrii Zaretskii: We believe that it is necessary. Demo trading is necessary at the beginning in order to learn without losing money.

Reporter: Please tell us what are the advantages of the platform for users?

Dmitrii Zaretskii: Advantages are in simplicity, convenience and intuitive interface. There are all the necessary trading tools on the platform.

Reporter:  IQ Option is also a broker that provides customers with a high level of security and protection of their investments. How do you protect your clients?

Dmitrii Zaretskii: IQ Option is regulated by CySEC (Cyprus Securities and Exchange Comission). It means that:

  • A company has equity capital which is not less than EUR 200 000;
  • There is a mandatory insurance for customers` investments the European insurance fund of investors;
  • A company is monthly audited in order to check brokerage activities for compliance with all EU requirements;
  • A company is annually undergoes an external balance audit in order to check capital’s sufficiency for transactions of traders;
  • A broker uses segregated (separate) accounts for keeping traders` money and doesn’t have a right to use them for any other purposes but for customers` operations.

All this provides better security of customers` funds at broker’s deposits.

Reporter:  It is known that contests held by the company are quite popular among your customers.  What is their peculiarity, who and under what conditions can take part in competitions?

Dmitrii Zaretskii: Yes, indeed, the company holds tournaments between traders regularly. Anyone who has deposited can participate. We provide two types of tournaments: free and paid. For paid tournaments the fee is from $5 to $25 with the prize from $500 to $5000. In free tournaments winners receive bonus. In the latter half of 2014 we organized about 140 free tournaments with average number of participants 1500-1600 people; and we held more than 20 paid tournaments with 50-60 in each. Duration is about 30-60 minutes. However from time to time we make paid super-tournaments which last for a month. Of course the prize is much bigger there.

Reporter:  Do you provide education for binary options trading?

Dmitrii Zaretskii: The company is interested in customers who earn rather than lose. There is a special tab with educational material where beginners can learn simple and efficient strategies. Educational webinars are held weekly.

Reporter:  Are there any affiliate programs? 

Dmitrii Zaretskii: We represent one of the fast progressing brokers in the world. We don’t only create and improve stunning product, but we also provide excellent opportunities for partners. That’s why we pau our partners 50% of what they have brought to us. We have:

  • The highest payouts in the industry – 50% of broker’s income;
  • There are no hidden fees;
  • No penalty;
  • Payouts twice per month in USD;
  • Quick registration and activation of a partner account;
  • Wide range of promo materials;
  • Mobile applications and mobile promo materials;
  • Detailed statistics;
  • Fast and helpful support.

Reporter:  Brokers have just taken as a rule to produce mobile applications for portable devices. How is it going with your broker?

Dmitrii Zaretskii: It’s all good here! The company has developed and released a mobile IQ Option platform for the most popular operating systems: for iOS and Android. I must say without false modesty that our platform is perhaps the best in its functionality, reliability and security. The mobile interface is almost the same as in web-version of the platform and in some points it is even better. For example in turbo options every single asset has its own background picture. Thus our mobile platform gives an opportunity to analyze and place orders, while similar programs of other brokers only allow monitoring the market situation. Our customers can trade from every point with the Internet.

Reporter:  Finally, what are the company’s plans for 2015? What kind of projects, services do you intend to release this year?

Dmitrii Zaretskii: We release all our innovations on the platform and it is our traders who can see this first. They are our main critics, and we consider every single note and suggestion, and it allows us to perfect our products.

RISK WARNING: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should not invest money that you cannot afford to lose.

Interviews

Q&A with Clare George-Hilley, co-founder, Centropy PR

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Q&A with Clare George-Hilley, co-founder, Centropy PR 1

Clare George-Hilley is the co-founder of Centropy PR

Global Banking and Finance Magazine recently caught up with Clare George-Hilley, co-founder of fintech and financial services specialist PR agency Centropy, as the company toasts to three years of trading. We asked Clare about what life is like running an agency in the city, the trends she is seeing in the financial services space and what the future holds following the Covid-19 outbreak.

Why did you decide to set up Centropy PR?

I was looking for an opportunity to launch my own agency, both my husband and I had been in the public affairs and public relations industry for over a decade and we thought the time was right to go out on our own.

Clare George-Hilley

Clare George-Hilley

We could see that the financial services industry was surging, with challenger brands and new technology transforming traditional banks and setting new standards of customer service. There was a huge market opportunity to create and launch a PR agency that could provider first class comms support, alongside a deep understanding of complex regulations such as AML, KYC, and the GDPR. Likewise, many traditional technology firms are diversifying their offerings, to tap into the growing market opportunity posed by the fintech boom.

So, we worked on a business plan, designed a strategy for winning clients and officially launched in September 2017. Within a few months we had a growing portfolio of clients and a thriving business, since that point, we have never looked back!

How is Centropy doing now and what are you plans for growth?

The last three years have flown by and our client portfolio has grown and diversified quickly. We now manage PR campaigns for clients on everything from cryptocurrency, wealth management to payments and trading software.

We’ve also hosted parliamentary debates with key industry figures, including Members of Parliament (MPs) on topics such as the future of the financial services industry and the impact of challenger banks on traditional providers. The team is expanding quickly and we’re investing heavily in the latest training and support to ensure our team members are equipped to reach their full potential.

How do you see the next 12 months?

The Covid-19 outbreak has crippled the economy, forcing millions of people to work from home due to the very serious health risks. The knock-on effect of this crisis will lead to companies cutting costs where possible to save jobs, so tech will play a vital role in ensuring many businesses stay afloat.

We are already working with contactless payments specialists and other fintech companies that offer solutions to help companies survive and thrive despite the inevitable challenges ahead.

We aim to continue building our portfolio of expertise, testing ourselves with new challenges and delivering the best possible service to clients

 

This is a Sponsored Feature.

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Interviews

Lessons from past recessions and advice for business owners during the coronavirus pandemic

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Lessons from past recessions and advice for business owners during the coronavirus pandemic 2

By Neil Davis, managing director and co-founder of Sterling Networks

What is Sterling Networks?

Sterling Networks is a professional organisation founded in 2014 which facilitates networking events for businesses across the Midlands, Oxfordshire, Wiltshire and the South West. Over 300 members attend our fortnightly breakfast and lunchtime meetings.”

What is your background prior to establishing Sterling Networks?

“During the 1990s, I worked in the corporate team for Halifax. My wife, Tracey, and I went onto own a manufacturing business, which was also called Sterling, and produced a range of gifts, merchandise and promotional items.

“We soon realised tradeshows were a great way to meet distributors and clients. From there, the business grew exponentially, and we managed to build a network of around 500 distributors. Eventually, we became ground down by the manufacturing business – in part because the local manufacturing sector was being devastated by competition from China – and took the decision to sell the business and relocate to Spain.

“After spending several years living abroad, we moved back to the UK to set up Sterling Integrity (EXPO’S) & Sterling Networks (Networking) We were inspired by a desire to help businesses make meaningful connections with one another, and we haven’t looked back since.”

The UK has recently entered a recession, brought about by the coronavirus pandemic. What have you learned from past recessions and how are these experiences helping you to navigate the current crisis?

“I’ve lived through a number of recessions and have seen the pain that insolvency causes companies on a large scale. It’s taught me that there are those who win and sadly those who lose, and that businesses must adapt to a rise in demand for certain products or services at a time of financial crisis.

“Given the nature of what Sterling Networks offers [an opportunity for business owners to connect and grow together] I decided we could build upon the brand due to the demand for new business during the pandemic. We therefore moved our networking events from face-to-face to virtual via tools like Zoom and have gained a steady stream of new members in recent months, reaching an overall total of well over 300.

“On top of that, we’ve taken new staff on during the crisis and have launched a number of new regional groups across the country. I was determined that Sterling should come out of the pandemic with a head start, so my attitude to the recession has been much more positive than those who are forecasting nothing but doom and gloom.

“We can’t pretend high street retail wasn’t suffering long before the pandemic came along, and thousands of new businesses are sure to start up to meet the demand for the products and services that people require at a time such as this. In order to develop and grow businesses need to focus on where changes need to be made to meet this demand.”

Sterling Networks has been providing emotional support to its members throughout the pandemic. What advice have you been giving to members that could be useful to other business owners?

“I try not to be too opinionated and respect other people’s views when giving advice to members, as there are always two sides to every circumstance. I’ve been careful not to say to people that they should be doing one thing or another, as I don’t know their business and its needs quite like they do. The only thing that I have been telling members is the importance of setting up one-to-ones with one another. By doing so, they can listen to the needs and concerns of other, like-minded business owners and work out ways that they might be able to help one another.

“The pandemic has meant we all have a bit more time on our hands, so the advice I would give to people is to use this extra time wisely. Not having to travel physically from one meeting to another means there is a greater opportunity to connect with more people. It’s important to remember that individuals outside of your business can be just as valuable as those within it.”

What makes you hopeful for the future and are there any words of encouragement you can give to budding entrepreneurs?

“The key events that have happened to this country during my lifetime – whether wars, recessions, or the pandemic – have enabled me to take stock of things. While these experiences are certainly challenging, we all become stronger for living through them, and it gives me great confidence that the world will ultimately improve as a result of the pandemic.

“The whole world is effectively rebooting right now, as is the business community. I like to think entrepreneurs will recognise this opportunity to take better care of their peers, and this translates to greater collaboration between organisations. Speak to as many people as you can, ask all the questions that you need to and do your homework. This might well be a difficult time for us all but planning for the future must start now if it is to become as prosperous as I know it can be.”

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Interviews

Exclusive Interview with Ugo Loser, CEO of ARCA Fondi SGR

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Ugo Loser, CEO of ARCA Fondi SGR

 Arca Fondi SGR is a mid-sized Italian active asset management company. Founded in 1983 by a consortium made up of 12 regional banks, the company has grown in time, expanding its network of distributors and its client base. Nowadays Arca manages Mutual Funds, Pension Funds and Institutional Accounts with total AUM exceeding 30 € bln, reaching more than 100 banks and financial institutions and serving more than 800,000 final clients.

What are the key contributors to ARCA Fondi SGR’s success over the past 35 years?

Arca has always put clients and distributors first. That is to say we have always privileged fair pricing for funds and developing high quality products and services for our customers. This requires constant innovation as an objective and looking for people’s talent to be free to produce its effect

Why are people the founding element of ARCA Fondi SGR and how have you sustained this vision over the years?

We work in small teams, people are young and motivated and can perform duties with a high level of autonomy and responsibility. Innovation is asked to everyone, everyday

What makes Arca Fondi SGR different from other asset management firms in Italy?

Arca is a company focused on doing what it can do very well, that is to say mutual and pension funds, services for clients and banks. We never follow short term trends but always look for long lasting impact on the industry, like we’ve done may times in the past

What products/services has ARCA Fondi SGR pioneered?

Arca has been the inventor of “Arca Cedola”, fixed-horizon, coupon paying funds, which have been with no doubt the greatest product innovation of the past 12 years on the Italian market. This type of funds, at first strictly based on bonds and later as a balanced product, has encountered an enormous success both with clients and distributors due to its simple and effective value proposition. Arca is a market leader also in the “PIR” segment of funds, a range of product focused on mid and small sized companies, that have been the best performers in the Italian stock market for the last few years. In services, Arca is a leader in technology applied to asset management. Our website, app and digital services for clients and banks are award winning, state of the art combination of data, technology and channels, and the best is yet to come on this side.

What strategies do you have in place to sustain your market position and withstand professional competition in the country?

As I mentioned, we do not waste resources on projects with dubious results, instead we constantly invest on people, products and services. The high level of profitability that Arca has been able to maintain even in difficult years for the markets of the banking sector is a further testimony that this strategy works very well

How do you use technology to create meaningful experiences for your customers?

First of all, we have created a whole new division, Arca InnovAction Lab, dedicated to technology, data and processes. This ensures projects are delivered quickly and they are free to leave bad past practices behind. Arcaonline.it, Arca’s website, provides distributors with detailed information on clients’ portfolios, asset under management and subscription/redemption requests. It monitors aggregate selling data offering to our partners a suite functions and analytics to track commercial campaigns. And if the banks branches need assistance, they may ask Sara, our digital chatbot. A broad and timely multimedia production, covering exclusive reports, comments, presentations, videos, webinars and newsletters is also available on the website.

Customers, subscribing Arca’s funds through its distributors’ network, may access Arcaclick, a dedicated area on Arcaonline.it. With Arcaclick the client can easily browse through her portfolio of funds, analyze its characteristics, view transactions and historical funds’ performance in customizable views. Arcaclick is also a powerful source of information on Arca product range: Prospectus, KIIDs and other literature is easily accessible along with news, comments and reports. Arcaclick may also be accessed via Arca Fondi App, a free application for mobiles and tables, running on both iOS and Android. Available 24/7 and in mobility, Arcaclick gives clients the opportunity access information, news and details of their personal portfolio anytime and anywhere.

What key trends will drive pension growth in 2020 and beyond?

The Italian market for pension funds is still very small and therefore there is a great opportunity to grow. Arca Fondi manages the biggest open ended Italian pension fund and it’s been constantly at the top of its rankings. As people and workers are looking for yield and to weather short term volatility, the pension fund is very well poised to profit from this trend.

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