For many years Forex market has been evolving uncontrollably. It came to be obscure and lacking common standards, the traders in the most of countries being devoid of any protection. Serenity Financial is revolutionizing Forex by creating a new technological medium in which broker-trader relations are built on the principles of openness and security.
What Serenity Financial is about
Serenity Financial is a secure and transparent marketplace for traders and brokers to meet. Some are providing a service, others are buying it. The platform itself acts as an intermediary which uses blockchain technology to regulate those dealings and provide a convenient, secure venue for purchases and sales.
Why is the project relevant?
Trading volumes of today’s Forex market reach billions of dollars. Thousands of brokers serve as intermediaries for millions of traders around the globe, but nine out of ten brokers are unregulated. The market is practically on its own — no standards, no transparency or guarantees. Even choosing a broker is a huge gamble for a trader.
How Serenity Financial Works
- Trader registers with Serenity.
- Trader connects to any certified broker from the pool.
- Trader purchases tokens and transfers them to the broker that then provides the trader with an equivalent amount in the account currency.
- Trader starts placing trades while their funds remain on Serenity accounts and all trades and transactions are recorded in blockchain.
- When the trader closes a trade, they can submit a claim to our arbitration committee if they suspect any interference from the broker.
- The arbitration committee will review the trading terminal data and thus have a complete picture of what happened as all the trades are recorded in blockchain.
- If the broker is in the wrong, Serenity obliges them to reimburse the client. If the broker is in the right, proof of that is presented to the trader.
Everything is fair and 100% transparent.
We will begin by integrating Serenity platform with MetaTrader 4 and MetaTrader 5, the largest trading platforms, and then with other trading platforms.
We’re backed by the best
The project has already gained backing from major brokers and fintech companies which are ready to act both as partners and marketplace participants. Nine companies already have applied for participation. Six industry experts, Alexey Kutsenko (CEO T4Brokers), Dmitry Rannev (founder of AMTS Solutions), Nikolai Ermakov (managing partner of the cryptocurrency fund Nakamoto Capital, co-founder of the project Coin Place), Dmitry Orlov (founder and developer of PAMMRAMM technologies), Julia Mikhalchuk (Cryptocurrency attorney, CorpLaw.Pro), Andrey Moskvitch (Patent attorney & consultant for IP due diligence, tech transfer, Internet law, ICO, blockchain and legal structuring) have supported the idea of the project and acted as its advisers.
Who works on the project
The team behind Serenity Financial has already launched successful projects: Grand Capital Forex broker with monthly turnover of $4,7bln and a brokerage software provider UpTrader whose clients include brokerages from Indonesia and China to Australia and Cyprus.
Why Serenity will reinvent the Forex industry?
We are creating an environment where all participants feel completely protected. Security for traders will be based on blockchain technology. Brokers will get liquidity easily and on favorable terms, as well as guarantee transparency for traders and thus attract additional funds.
Change the world of Forex with us. Join the project!
Pre-ICO starts on November 15th and will last only 5 days. Don’t miss your chance to enter the world of honest Forex on favorable terms.
Project site: https://serenity-financial.io
Telegram channel: https://t.me/SerenityFinancial
Facebook group: https://www.facebook.com/SerenityFinancial
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.