Forex Startup FxBees.com turns Individuals into successful Forex Traders

April 13, 2010 - PRLog -- Speculation with foreign currencies became increasingly popular among individual investors in the recent years. Starting in Asia and the US, the excitement for Forex trading is now also present among European traders. Global nature (24h trading during weekdays) and a high liquidity are only two factors that led to the recent growth in retail Forex trading. But despite all advantages of Forex trading, the results of individual investors need improvement: Research reports even say that up to 85% of all individual traders are losing money in the long run. Even the availability of a wide range of trading newsletters, coaches or discussion boards for Forex traders could not improve the results of individual traders. The startup FxBees.com is the first provider offering a real innovative solution for individuals that helps them to significantly improve their Forex trading results in the long run.

Profitable Collaboration based on Transparency and Trust

FxBees.com is the first „Social Forex Broker” for individual Forex traders, combining a social network and Forex brokerage within on platform. Members can follow transactions of other members in real-time and interact through FxBees.com, while executing own trades at the same time. All trading activity is recorded and published in the community in real-time. Furthermore, an individual trading performance is calculated for each member. FxBees.com ensures that all trading data originates from real trades.
“Transparency is the only way, how traders can establish a trustful relationship over the internet”, explains Andre Doerk, Managing Director and Co-Founder of FxBees.com. “If one of our members possesses a positive performance, the others will know: This performance was achieved with real trades and own money. This transparency offers an excellent basis for collaboration with other community members.”

Beginners can copy Successful Strategies with own Money in Real-time

Malte Münchert, Co-Founder, adds: „An essential advantage of our system is that you can identify successful traders at first glance. This is particularly interesting for beginners. It enables them to monitor and copy trades of successful members.” However, emulating trades should be only the first step. The goal of FxBees.com is to turn individuals into successful and independent Forex traders. “Copying successful traders helps beginners to avoid the worst pitfalls and provides valuable hints for own strategies”, summarizes Malte Münchert. “In the long run members are encouraged to improve their own skills with our help, in order to stand on their own feet as successful traders.” Without the adequate mindset, success in Forex trading will not be a no-brainer – even with the assistance of FxBees.com. Experienced traders attested us that FxBees.com provides a tremendous contribution on the way to success and that our platform is unique so far.”

Lucrative Additional Income for Experienced Traders

In order to attract as many experienced traders as possible, FxBees.com has a unique offer for successful traders: They receive a monthly compensation for disclosing their trading activities to the community. “The Forex market is huge. Hence successful traders have no disadvantage when providing their activities to the public”, comments Andre Doerk. “In the contrary: Skillful traders can leverage on their skills and earn a lucrative additional income every month.”

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FxBees.com, a social Forex network based in Berlin, was founded in 2009 and aims at improving the trading results of Forex traders. FxBees.com is the first Forex community worldwide that offers collaboration and Forex trading at the same time via a single platform. FxBees.com creates a transparent and trustworthy environment: Members can follow transactions of other members in real-time and interact through FxBees.com, while executing own trades at the same time. All trading activity is recorded and published in the community in real-time. Furthermore, an individual trading performance is calculated for each member. FxBees.com ensures that all trading data originates from real trades. Beginners can follow successful traders in real-time and copy their strategies with own money. Successful traders receive a monthly compensation from FxBees.com for disclosing their trades to the community, enabling them to generate an additional regular income with their trading skills.