Templeton Securities has launched its subsidiary TempletonFX to tap into the forex and CFDs trading markets
London based traditional stock brokerage veteran Templeton Securities, which has been around since 2006 has decided to expand its services into foreign exchange and CFDs trading. The subsidiary's name is TempletonFX, co-founder and director of the FX brokerage, Mike Andrews shared with Finance Magnates.
TempletonFX is regulated by the United Kingdom’s Financial Conduct Authority (FCA) with Templeton Securities holding a matched principle license which allows it to execute trades on a straight-through processing (STP) basis. TempletonFX is not entitled to hold client funds under its FCA authorization, however it can give its clients trading advice.
existing clients of Templeton Markets can diversify via margin trading on the AlphaPro platform of TempletonFX
TempletonFX is a trading name of Templeton Securities, a company which is owned by CEO Trevor Coote, who led a management buyout of the Alexander David Securities Private Client Broking division back in 2006.
The company has started its business via a white label agreement with Alpha Capital Markets. The offering is fully STP which eliminates prospective conflicts of interest arising from the dealings between clients and the brokerage. The company is offering a full MT4 suite, which is branded as TempletonFX, as well as the AlphaPro trading platform which is a proprietary solution designated for more multi-asset oriented traders.
This makes the difference for TempletonFX, as it has parted with the traditional MT4-only model for startup brokerages. The multi-asset solution via the AlphaPro trading platform offers global equities and indices, commodities, fixed income and exchange traded funds (ETFs).
Speaking to Finance Magnates, the director of TempletonFX shared: “We are targeting both retail and institutional clients with our offering."
The company is also offering its own algorithm, called TempletonFX Algo, which is verifiable on myfxbook.com.
The algorithm is up just shy of 15 per cent year-to-date with a maximum drawdown of 12.42 per cent. With the main focus of the offering centering on traders who are not that committed to analyzing the markets, TempletonFX Algo opens the doors for clients who do not have sufficient experience or confidence, nor the time to trade the market themselves.
The performance of the algorithm has been adversely impacted mainly in the month of June, when the GBP Black Swan impacted a big number of algorithmic trading systems. Prudent Risk Management with minimal market exposure around such unexpected events is crucial for the long term performance of automated trading systems.
“We have very strict suitability tests for our TempletonFX Algo offering, just as mandated under FCA regulations. We don’t accept everyone as clients when it comes to this part of our product line,” Mr. Andrews explained.
Elaborating on the expansion of the offering of Templeton Securities, Mr. Andrews explained: “For us the move made sense, because we can bring our existing clients from Templeton Markets into our AlphaPro platform. They can thereafter use their stock portfolio as margin to trade leveraged products. This helps to diversify our investors’ portfolios and maximizes their trading experience.”
London based traditional stock brokerage veteran Templeton Securities, which has been around since 2006 has decided to expand its services into foreign exchange and CFDs trading. The subsidiary's name is TempletonFX, co-founder and director of the FX brokerage, Mike Andrews shared with Finance Magnates.
TempletonFX is regulated by the United Kingdom’s Financial Conduct Authority (FCA) with Templeton Securities holding a matched principle license which allows it to execute trades on a straight-through processing (STP) basis. TempletonFX is not entitled to hold client funds under its FCA authorization, however it can give its clients trading advice.
existing clients of Templeton Markets can diversify via margin trading on the AlphaPro platform of TempletonFX
TempletonFX is a trading name of Templeton Securities, a company which is owned by CEO Trevor Coote, who led a management buyout of the Alexander David Securities Private Client Broking division back in 2006.
The company has started its business via a white label agreement with Alpha Capital Markets. The offering is fully STP which eliminates prospective conflicts of interest arising from the dealings between clients and the brokerage. The company is offering a full MT4 suite, which is branded as TempletonFX, as well as the AlphaPro trading platform which is a proprietary solution designated for more multi-asset oriented traders.
This makes the difference for TempletonFX, as it has parted with the traditional MT4-only model for startup brokerages. The multi-asset solution via the AlphaPro trading platform offers global equities and indices, commodities, fixed income and exchange traded funds (ETFs).
Speaking to Finance Magnates, the director of TempletonFX shared: “We are targeting both retail and institutional clients with our offering."
The company is also offering its own algorithm, called TempletonFX Algo, which is verifiable on myfxbook.com.
The algorithm is up just shy of 15 per cent year-to-date with a maximum drawdown of 12.42 per cent. With the main focus of the offering centering on traders who are not that committed to analyzing the markets, TempletonFX Algo opens the doors for clients who do not have sufficient experience or confidence, nor the time to trade the market themselves.
The performance of the algorithm has been adversely impacted mainly in the month of June, when the GBP Black Swan impacted a big number of algorithmic trading systems. Prudent Risk Management with minimal market exposure around such unexpected events is crucial for the long term performance of automated trading systems.
“We have very strict suitability tests for our TempletonFX Algo offering, just as mandated under FCA regulations. We don’t accept everyone as clients when it comes to this part of our product line,” Mr. Andrews explained.
Elaborating on the expansion of the offering of Templeton Securities, Mr. Andrews explained: “For us the move made sense, because we can bring our existing clients from Templeton Markets into our AlphaPro platform. They can thereafter use their stock portfolio as margin to trade leveraged products. This helps to diversify our investors’ portfolios and maximizes their trading experience.”
CFI Obtains Regulatory Approval for South African Operations
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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