Beirut-based Master Capital Group, a financial entity authorised and regulated by the Central Bank of Lebanon, has announced the launch of an exclusive new FXCM trading service.

Master Capital Group is the exclusive distributor of FXCM products in the Mena region.

FXCM is one of the world's largest forex brokers that boasts of over 150,000 live accounts in more than 150 countries with over $365 billion in notional volume traded each month on its trading platforms and over $600 million in customer funds, said a statement from Master Capital Group.

'Furthermore, FXCM has successfully implemented the No Dealing Desk model, which enables clients to have direct access to some of the world's largest liquidity providers and offers them fair and transparent trading execution,' it noted.

With this new service, traders in the region will have access to trading over the phone with Master Capital Group. The over-the-phone trading desk will be open 24-hours from Monday to Friday, said a company statement.

This service caters to currency and commodity traders who require instant and professional trading execution, anytime and from anywhere, it added.

The traders who seek this service will benefit from local support in addition to FXCM's industry experience, size, financial strength and world-class platforms, the Master Capital Group said.-TradeArabia News Service