CMS Forex launches its own portal – FXTimes.com
CMS Forex, the US Forex broker, has recently launched its own Forex portal – fxtimes.com. While FXTimes.com is nothing to
CMS Forex, the US Forex broker, has recently launched its own Forex portal – fxtimes.com. While FXTimes.com is nothing to tell home about, it serves its purpose.
Forex portals are a rapidly growing segment in the retail Forex market and several Forex brokers successfully maintain their own sites (FXCM with dailyfx.com for instance) with others working hard on creating their own versions. I wrote much about this subject with the basic idea being that these portals save a lot of marketing costs for brokers, as traders who reach these sites will be exposed to an advertisement from only one broker.
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The biggest question of course is CPM price on other portals in comparison with CPM equivalent expense for maintaining broker’s own portal.
Check fxstreet.com Francesc’s commentary on that: http://blogs.fxstreet.com/francesc/2009/11/17/cms-forex-launches-a-new-forex-portal-fxtimescom/
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