Empire Global FX - empireglobalfx.com

[azaza88]

you offered debit card too?can i have the picture please?

 

[EmpireGlobalfx]

S&P cuts Italy ratings one notch, outlook negative

(Reuters) - Standard and Poor's cut its unsolicited ratings on Italy by one notch on Monday, warning of a deteriorating growth outlook and damaging political uncertainty, in a move that took markets by surprise and added to pressure on the debt-stressed euro zone.

S&P's downgraded its unsolicited ratings on Italy to A/A-1 from A+/A-1+ and kept its outlook on negative, sending the euro more than half a cent lower against the dollar.

The agency, which put Italy on review for downgrade in May, said that the outlook for growth was worsening and there was little sign that Prime Minister Silvio Berlusconi's fractious center-right government could respond effectively.

Under mounting pressure to cut its 1.9 trillion euro debt pile, the government pushed a 59.8 billion euro austerity plan through parliament last week, pledging to balance the budget by 2013.

But there has been little confidence that the much-revised package of tax hikes and spending cuts, agreed only after repeated chopping and changing, will do anything to address Italy's underlying problem of persistent stagnant growth.

"We believe the reduced pace of Italy's economic activity to date will make the government's revised fiscal targets difficult to achieve," S&P's said in a statement.

"Furthermore, what we view as the Italian government's tentative policy response to recent market pressures suggests continuing future political uncertainty about the means of addressing Italy's economic challenges," it said.

Berlusconi's coalition has been plagued by infighting and policy disagreements and the prime minister himself has been battling a widening prostitution scandal which has distracted the government and badly damaged his personal credibility.

On Monday, Italian sources said the government was preparing to cut its growth forecast to 0.7 percent in 2011 from a previous forecast of 1.1 percent and cut the 2012 forecast to "1 percent or below."

SURPRISE MOVE

Italy, the euro zone's third largest economy, has been dragged to the center of the debt crisis over the past three months as concern has grown over a debt burden equal to some 120 percent of gross domestic product.

But the move from S&P came as a surprise as the market had thought Moody's was more likely to downgrade Italy first. Moody's last week said it would take another month to decide on its action.

"Was it anticipated tonight? No. But again is it really shocking given what yields have done?" said James Paulsen, Chief Investment Strategist, Wells Capital Management.

Only the European Central Bank, which has been buying Italian bonds to prop up the market, has kept Rome's borrowing costs from spiraling out of control, but yields have crept back up steadily since the ECB stepped into the market in August.

On Monday, yields on Italian 10 year bonds stood at 5.59 percent, within sight of the levels above 6 percent they reached just before the ECB intervention.

The intervention has caused growing strain within the central bank, causing Chief Economist Juergen Stark to announce his resignation and prompting open opposition from the Bundesbank.

The S&P downgrade, which came as Greece struggles to meet demands from lenders for yet more austerity measures, underlined the mounting seriousness of the euro zone crisis, which has seen global markets hammered.

"It's just more of the same negative news," said Stephen Roberts, a senior economist at Nomura in Sydney.

"It only adds to the contagion risk over Greece and has encouraged the flight to safety in markets here," he added, pointing to a sharp fall in the Australian dollar on the news. The Aussie dollar is influenced by expectations for commodity prices and so sensitive to the outlook for global demand.

S&P 500 futures also dropped 0.7 percent and early hopes for a bounce in Asian shares on Tuesday looked to be still-born now.

European stocks had already slid on Monday, while yields on Italian and Spanish bonds rose sharply on fears of a Greek default, compounded by the failure of EU finance ministers to agree new steps to resolve Europe's debt crisis at weekend talks.

International lenders told Greece on Monday it must shrink its public sector and improve tax collection to avoid running out of money within weeks as investors spooked by political setbacks in Europe dumped risky euro zone assets.

 

[EmpireGlobalfx]

you offered debit card too?can i have the picture please?

Sure, please EMAIL us and we will be glad to assist you. It is an international anonymous master card, which we can issue for you in USD, EUR or GBP.

We issue and send for free for our live customers/ managed accounts customers.

Best wishes, and thanks for your contact!

 

[EmpireGlobalfx]

Become our business associate broker in your very own representative office.


Grow your expertise in the financial industry with us. Empire Global FX offers a unique opportunity to join our growing our team of professionals while you run your own representative office.



What do I need to run a representative office of Empire Global FX?




In order to set up an associate office, you require:



To have a business profile and knowledge of financial services


To be at least bilingual (to speak English and you local language if applicable)


To be a team player, reliable in your duties and to have leadership skills


To have the ability to form and run customer portfolios


To have the ability to reach the goals set by the brokerage


To be a neat professional, and to apply all the rules and procedures set by the brokerage




The benefits of starting an associate office include:





Running a your own professional ECN brokerage office


Offering a top service to customers, including global market access and the latest technology in pure a ECN environment


Exclusive payment services and solutions for traders


A unique Money Management service provided by our Trading Research Team


Generating significant revenue by running customer portfolios, while customers benefit from the best market conditions and Money Management available


The possibility of renewing your partnership upon accomplished goals



We are currently looking to establishing representative offices in locations in Europe and Asia.

 

[ceria28]

I have few question :-
1) When the website will be launch?
2) What is the minimum & maximum deposits?
3) Requirements for apply debit card and cost?

 

[EmpireGlobalfx]

I have few question :-
1) When the website will be launch?
2) What is the minimum & maximum deposits?
3) Requirements for apply debit card and cost?

Hi Ceria

Many thanks for your questions!

We launched earlier in May this year, being a pure ECN with access to 10 liquidity pools. One of our main features is lightning execution; of course we have variable spreads and our best feature is our trading research & money management center in our offices in bulgaria.

We offer over 200 cfd's, including currencies, metals, indices, commodities, shares and futures.

Leverage: up to 1:400

Funds audited in every deposit and withdrawal by FundAdministration.

You can start trading live at 500 USD, no maximums to deposit. Depending on your home country, you can make local deposits through our payments processor.

Debit card: is free for our live customers.

I hope this helps!

Best whishes and lots of respect

 

[Skyvwalker]

Empire Global FX is under management of West Capital Holdings Limited, a Company incorporated in New Zealand and regulated by the Ministry of Economic Development of New Zealand. All rights Reserved.

license proof pls

 

[EmpireGlobalfx]

Empire Global FX is under management of West Capital Holdings Limited, a Company incorporated in New Zealand and regulated by the Ministry of Economic Development of New Zealand. All rights Reserved.

license proof pls

Hi Alb!

Many thanks for your contact

Under NZ legislation, companies can provide financial services in general, being audited once a year.

Still, we are incorporating in Hungary and seeking HFSA regulation there (although you may know that that is know where real security comes from). Our strongest point comes from the Auditors of fund administration, who monitor every deposit/withdrawal and segregate the funds from interbank liquidity.

Finally and adding information, we are ecn which means that funds are traded in interbank liquidity; having liquidity providers regulation of Russian, Bulgarian and Australian goverment.

Best trades wishes to you!!

 

[EmpireGlobalfx]

Why Choose Empire Global FX?

Get a full ECN brokerage, nearly 200 instruments and the best market conditions.



Full Trading Spectrum:
Trade currencies, commodities, metals, indices, shares and ETFs with no restrictions. We offer almost 200 instruments for you to trade freely. Our commitment of delivering the world markets locally is reflected in our everyday work, research and improvement of services.



No Restrictions:
Unrestricted scalping, hedging and EAs. Scalping, hedging and EAs are welcome and no restrictions are imposed. Trade comfortably, our work is opening the markets to you and offering you the best conditions for your investment.



Freedom of Choice:
Choose your leverage. From 1:1 up to 400:1, whatever makes you more comfortable.
True ECN account. Starting only at USD 500 you will have a true ECN account. No conflict of interests, no restrictions.



Tight Spreads:
Our variable spreads are unmatched. Get all the time the best prices from ten major banks at any time. Trade in EUR/USD in an average of 0.4 – 0.6 pips.



Best Trading Platforms:
Trade with Metatrader4 and MAM (multi account manager) module for traders. Obtain your MAM for free and become a professional trader in minutes. Offer a top service to your customers.



Speedy Trades:
Trade the market within seconds and feel the difference of STP.



Immense liquidity:
Access very deep liquidity pools when trading the markets through us.



Funding facilities all over Europe:
Fund your account in 4 different denominations through our European network of correspondent banks.



Managed accounts:
With full liquidity and real time access, starting at 5.000 USD. Watch your investment grow with us.



White Label and Liquidity Bridge:
Brokerage solutions to start up your business and liquidity bridge for Brokers looking for ECN environment.



Constant growth and research:
Join a growing brokerage firm which will do constant research and innovation for your benefit.



Exclusive services:
We offer exclusive banking solutions for our customers for payment and financial circuits purposes. This includes our unique pre-paid cards system, with which you can withdraw funds from the market in only minutes.

 

[EmpireGlobalfx]

Open a managed accounts service directly run through our Trading Research Centre. Full and real time access through MAM module and full liquidity to withdraw funds anytime. Access a professional service without having to stick to everyday trading and without trading blindly.