YJFX Named Best Japanese Broker in Forex Magnates' Tokyo Summit 2014 Awards

As the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates' Tokyo Summit drew to a close this evening, delegates reflected on the second day of senior level dialog among the industry’s key professionals after having focused on the FX and binary options industry’s largest market.

The Mandarin Oriental Hotel in Japan’s capital city hosted over 700 executives from all aspects of the industry. The first panel of the day discussed recent regulatory changes in Japan and explored the unique conditions and challenges facing international and local firms. The participants at the event were honored with a keynote speech by Professor Eisuke Sakakibara, former Vice Minister of Finance. During the last panel event, brokers and vendors discussed the hottest trends of the present and the future in Japan. The culmination of the day’s events was the Forex Magnates Award Ceremony.

This year’s awards encompass ten categories, whereby each firm was subject to an assessment of a number of performance criteria in FX trading. In contrast to many other awards, Forex Magnates' Award winners were selected by the Summit’s attendees and not by any possibly biased selection committee, making the award a true badge of honor for financial trading firms, as the winners were chosen by their peers and competitors.

The Results:

Best Forex Broker: YJFX

Best News Provider: GoodWay

Best Affiliate Service Provider: Hirose FX

Best Spreads: SBI FXtrade

Best Trading System Platform Provider: Simplex

Best Prime Broker Prime Broker Prime brokers are the designation given to individuals handling a package of services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return.There are two types of prime brokers - bank and non-bank corporations. Traditionally major global investment banks have been the predominant players in the space, however recent years have p Prime brokers are the designation given to individuals handling a package of services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return.There are two types of prime brokers - bank and non-bank corporations. Traditionally major global investment banks have been the predominant players in the space, however recent years have p Read this Term: SBI Group

Best EA/Strategy Provider: Invast Securities

Best Marketing Broker: Invast Securities

Best Educational Broker: Gaitame Online

Best Retail Technology Provider: Simplex

Cooling off after an Eventful Summit

The Award Ceremony concluded the 700 strong event, and gave way to an evening of relaxed conversation and further ability for attendees to socialize and enjoy the closing Saxo Bank sponsored drinks event, in the foyer of the conference.

Forex Magnates would like to extend appreciation to all who attended the Tokyo Summit, and wishes you a safe journey home. We look forward to meeting you all again at the Forex Magnates' London Summit to be held November 18-19, 2014.