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Forex broker Forex Time won the “Best Newcomer 2013” award by World Finance. The company began operating earlier this year.

FXTM recently introduced an  Over-the-Weekend Forex Account. For more details about the award, here is the official press release:

Following the launch of Forex Time Ltd (FXTM) in early 2013, the forex broker has just been bestowed the award of ‘Best Newcomer 2013’ by the World Finance Awards.

The World Finance Awards were created in 2007 to identify industry leaders, individuals, teams and organisations that represent the benchmark of achievement and best practice in the business world.

Forex Time, which was established by Andrey Dashin, co-founder and shareholder of Alpari, launched on the forex market earlier this year with the aim of providing investors with a fresh and dynamic approach to forex trading. Offering world-class service and product developments which constantly put the trader and the trading experience first, the accolade from the World Finance Awards is the culmination of a highly successful global launch for the brand.

As part of the World Finance Awards presentation ceremony, George Stylianou, Chief Marketing Officer at Forex Time, gave an interview to World Finance TV where he explained how Forex Time has achieved such success in the short period of time since the company launched in February.

“Forex Time is built on the benchmark of time as a highly valuable commodity, and everything we do is focused on how we can save time for our clients,” he said. “The senior management team at Forex Time has over 50 years of experience in the forex industry and this experience and expertise is what has helped us to achieve maturity quicker and challenge more established brands.”

The forex market is considered one of the fastest growing financial markets in the world and holds great future potential, with increasing interest from investors in emerging economies. Forex trading volumes have increased by 166% from 2007 to 2013, with $4 trillion dollars traded globally each day.

With the growth of emerging economies comes a rise in the disposable income in these regions and a higher interest from investors wanting to diversify their portfolios and assets using forex.

Mr Stylianou said: “Forex is an exciting and ever-evolving market. As we are a newly-formed and flexible brand, we have the ability to adapt to different situations and deliver to our clients what they want, when they want it.”