AG Markets CEO: Strict Regulations Have Positive Effect on Industry

Finance Magnates sat down with Carlos Ferrer, CEO of AG Markets, to discuss his company's objectives for the future and the state of the industry.

Please tell about yourself and how you reached your current role.

I studied business administration and obtained a master’s degree in economics. I’ve been working in the finance industry for a long time and I have many acquaintances from that area. This business area always called my attention, one thing led to another and after some time I decided to start my own company, AG Markets.

What are your goals for the company over the next few years?

The company’s objectives are to keep on growing and at the same time maintain high-quality service. Not only to increase the number of clients, but also the number of countries where we provide our services. We intend to be one of the biggest and the best brokerage services worldwide in the medium / long term.

What do you think sets you apart from the competition?

I think that we really help the customer right from the start, we offer an amazing support and assistance service in order to satisfy customer needs, that’s what sets us apart from the other brokers. We also take the trader’s tools and education really seriously. We provide easy to understand guides and tutorials for customers who have little knowledge of the subject.

The second point which sets us apart from the rest is that we provide more than 600 different instruments to trade online on our amazing platform, MT4.

How do you view the current state of the industry?

Well, I believe that the whole 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 and investment industry has been growing in popularity in the past few years, and still is a growing market.

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Another important aspect that is increasing are the strict regulatory rules and norms that our kind of business has been required to meet, this is a positive aspect because they help protect the customer.

What new fields or opportunities do you see as growth potential in the market?

Almost everything related to new technologies and mobile phone technologies.