International broker FXTM proudly announces its sponsorship of Sahara Force India days before the hotly anticipated launch of this season’s new car.
Fast paced and exhilarating, Formula One™ and forex trading are well matched. Until recently, both were dominated by big name players with impressive resources. But the last few years have belonged to the underdogs; dynamic young teams relying on innovation, technology, and skill to challenge big money competitors. Now, two such teams are partnering up, utilising shared values and goals to reach the number one spot in 2017.
Those teams are global award winning broker FXTM and fourth place Formula One™ winners Sahara Force India. “The synergies between our brand and Sahara Force India are striking,” says Olga Rybalkina, CEO of ForexTime Ltd. “We are both relatively young teams, and we have both leveraged cutting-edge technology and a commitment to training to establish ourselves in industries dominated by big brands with impressive resources and established legacies.”
Formula One™ fans will know the story of Sahara Force India, a team that – until 2008 – had yet to stand on a podium. Last season they claimed the fourth spot in the Constructor’s Championship, beating both Williams and McLaren. Their new partners, FXTM, are no strangers to a meteoric rise either. Established in 2011, the now international brand claimed the trophy for Best Sell-Side Analysis Contributor last year. The award joins a number of others in the FXTM trophy case.
“It is FXTM’s commitment to client education and excellence that really sets us apart from competitors,” says Rybalkina. “Our FXTMPartners program boasts three dedicated training centers in Malaysia, Pakistan, and Nigeria. Our Market Analysis and Education teams conduct upwards of 40 workshops, seminars, and events internationally throughout the year; providing world-class training opportunities to traders at all levels.”
A focus on skill development and education is one of the main characteristics shared by both FXTM and Sahara Force India. For the Formula One™ team in particular, that dedication to training will play a huge role in the 2017 season. New aerodynamic rules and wider tyres means that the car being unveiled on Wednesday will look significantly different to last year’s. Experts hotly anticipate a faster sport with more opportunity to overtake, thanks to improvements in the car design that ought to reduce downforce. For new driver pairing Sergio Pérez and Esteban Ocon, these updates will likely make for an exhilarating drive.
With more speed and some uncertainty over performance set for the year ahead, Formula One™ racing has, perhaps, never been a better analogy for forex trading. With the greenback only a Presidential tweet away from a rise or fall, and elections pending across Europe, the currency markets are likely to remain unpredictable for much of 2017.
Disclaimer: The content in this article comprises personal opinions and ideas and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability as to any loss arising from any investment based on the same.
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