Ever since Turkish regulator CMB (Capital Markets Board) blocked forex brokers from soliciting local clients without getting a local license many of them have simply shifted to offering binary options which they thought weren't of interest to CMB.
CMB however had different view on this matter and has moved quickly to cumber the excessive binary options Marketing
Marketing
Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have to handle the acquisition of traders, retaining them for a longer period of time or distinguishing between brokerage and competitors.What Are the Most Common Marketing Strategies Used by FX Brokers?This process can take shape in a variety of forms. Advertising is the most commonly deployed technique for forex marketing.This includes a marketing plan that touches on digital and traditional advertising. Advertising can include banner ads, notifications, newsletters, or other mechanisms for drawing attention to any brand or brokerage.Blog posting or other forms of search engine optimization (SEO) are also effective marketing tools for forex brokers.Well-organized and attractive pieces of content on websites are very useful for users and clients and have proven to be successful marketing strategies.Such efforts also enable websites to be found by those looking for what a broker offers and those who are looking for some knowledge about the trading industry. This can also help generate traffic on landing pages, converting sales. Social media has also rapidly evolved as a critical element of marketing.Forex brokers rely on social media such as Twitter, Facebook, or Linkedin for marketing needs, capable of reaching a huge audience. Ultimately marketing requires efforts on part of brokers to bridge the gap with their desired audience. In this instance, this means potential clients or existing ones.
Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have to handle the acquisition of traders, retaining them for a longer period of time or distinguishing between brokerage and competitors.What Are the Most Common Marketing Strategies Used by FX Brokers?This process can take shape in a variety of forms. Advertising is the most commonly deployed technique for forex marketing.This includes a marketing plan that touches on digital and traditional advertising. Advertising can include banner ads, notifications, newsletters, or other mechanisms for drawing attention to any brand or brokerage.Blog posting or other forms of search engine optimization (SEO) are also effective marketing tools for forex brokers.Well-organized and attractive pieces of content on websites are very useful for users and clients and have proven to be successful marketing strategies.Such efforts also enable websites to be found by those looking for what a broker offers and those who are looking for some knowledge about the trading industry. This can also help generate traffic on landing pages, converting sales. Social media has also rapidly evolved as a critical element of marketing.Forex brokers rely on social media such as Twitter, Facebook, or Linkedin for marketing needs, capable of reaching a huge audience. Ultimately marketing requires efforts on part of brokers to bridge the gap with their desired audience. In this instance, this means potential clients or existing ones.
Read this Term to Turkish clients.
CMB published the following document https://www.spk.gov.tr/apps/haftalikbulten/displaybulten.aspx?yil=2012&sayi=23 mentioning that it deemed several binary options brokers as committing a crime and will sue them as well as require local ISPs to block access to these websites for Turkish citizens.
CMB named:
- www.optionfair.com (IP No: 85.159.234.47)
- www.optionrally.com (IP No: 24.27.250.49 and 24.27.250.9)
- www.tradesmarter.com (IP No: 79.125.7.162)
- www.vopsiyon.com (IP No: 80.252.94.92) vopsiyon's website was taken down and CMB's warning was published on it, all clients are asked to withdraw their funds. This is probably the
- www.anyoption.com (IP No: 89.191.219.193 and 89.191.219.194)
- www.multiyatirim.com (IP No: 80.252.94.32) another broker based in Turkey - it site is now inaccessible, potentially its server was taken down by CMB as well
It seems CMB is taking this matter very seriously and renders binary options as non-financial market instrument hence categorizing it as a gambling product. CMB already filed complaint with local prosecutor and is going after these brokers and potentially after others as well.
Ever since Turkish regulator CMB (Capital Markets Board) blocked forex brokers from soliciting local clients without getting a local license many of them have simply shifted to offering binary options which they thought weren't of interest to CMB.
CMB however had different view on this matter and has moved quickly to cumber the excessive binary options Marketing
Marketing
Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have to handle the acquisition of traders, retaining them for a longer period of time or distinguishing between brokerage and competitors.What Are the Most Common Marketing Strategies Used by FX Brokers?This process can take shape in a variety of forms. Advertising is the most commonly deployed technique for forex marketing.This includes a marketing plan that touches on digital and traditional advertising. Advertising can include banner ads, notifications, newsletters, or other mechanisms for drawing attention to any brand or brokerage.Blog posting or other forms of search engine optimization (SEO) are also effective marketing tools for forex brokers.Well-organized and attractive pieces of content on websites are very useful for users and clients and have proven to be successful marketing strategies.Such efforts also enable websites to be found by those looking for what a broker offers and those who are looking for some knowledge about the trading industry. This can also help generate traffic on landing pages, converting sales. Social media has also rapidly evolved as a critical element of marketing.Forex brokers rely on social media such as Twitter, Facebook, or Linkedin for marketing needs, capable of reaching a huge audience. Ultimately marketing requires efforts on part of brokers to bridge the gap with their desired audience. In this instance, this means potential clients or existing ones.
Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have to handle the acquisition of traders, retaining them for a longer period of time or distinguishing between brokerage and competitors.What Are the Most Common Marketing Strategies Used by FX Brokers?This process can take shape in a variety of forms. Advertising is the most commonly deployed technique for forex marketing.This includes a marketing plan that touches on digital and traditional advertising. Advertising can include banner ads, notifications, newsletters, or other mechanisms for drawing attention to any brand or brokerage.Blog posting or other forms of search engine optimization (SEO) are also effective marketing tools for forex brokers.Well-organized and attractive pieces of content on websites are very useful for users and clients and have proven to be successful marketing strategies.Such efforts also enable websites to be found by those looking for what a broker offers and those who are looking for some knowledge about the trading industry. This can also help generate traffic on landing pages, converting sales. Social media has also rapidly evolved as a critical element of marketing.Forex brokers rely on social media such as Twitter, Facebook, or Linkedin for marketing needs, capable of reaching a huge audience. Ultimately marketing requires efforts on part of brokers to bridge the gap with their desired audience. In this instance, this means potential clients or existing ones.
Read this Term to Turkish clients.
CMB published the following document https://www.spk.gov.tr/apps/haftalikbulten/displaybulten.aspx?yil=2012&sayi=23 mentioning that it deemed several binary options brokers as committing a crime and will sue them as well as require local ISPs to block access to these websites for Turkish citizens.
CMB named:
- www.optionfair.com (IP No: 85.159.234.47)
- www.optionrally.com (IP No: 24.27.250.49 and 24.27.250.9)
- www.tradesmarter.com (IP No: 79.125.7.162)
- www.vopsiyon.com (IP No: 80.252.94.92) vopsiyon's website was taken down and CMB's warning was published on it, all clients are asked to withdraw their funds. This is probably the
- www.anyoption.com (IP No: 89.191.219.193 and 89.191.219.194)
- www.multiyatirim.com (IP No: 80.252.94.32) another broker based in Turkey - it site is now inaccessible, potentially its server was taken down by CMB as well
It seems CMB is taking this matter very seriously and renders binary options as non-financial market instrument hence categorizing it as a gambling product. CMB already filed complaint with local prosecutor and is going after these brokers and potentially after others as well.
