SOHO MARKETS

Corporate Profile

SOHO MARKETS (hereinafter Referred To As "SOHO") Is An Online Forex Broker Based In Cyprus, Established In The Past 2-5 Years . Since Its Establishment, SOHO Has Been Committed To Providing Traders With A Diverse Range Of Financial Instruments, A Convenient Trading Platform, And Comprehensive Trading Support. As A Regulated Forex Broker, SOHO Strictly Adheres To Industry Standards, Ensuring The Safety Of Client Funds And The Transparency Of Transactions.

As Of 2023, SOHO Offers A Wide Range Of Trading Products And Account Types With A Minimum Deposit Requirement Of $100 , Supporting Traders To Explore And Manage Different Markets. SOHO Also Helps Traders To Improve Their Trading Skills And Optimize Their Investment Portfolios Through A Wealth Of Educational Resources And Customer Support.

Regulatory Information

SOHO Is Regulated By The Cyprus Securities And Exchange Commission ( CySEC ) With Regulatory Number 123456 (Note: Please Refer To The Official Website For The Actual Number). CySEC Is A Recognized And Authoritative Regulatory Body Within The European Union, Responsible For Overseeing The Operations Of Financial Service Providers And Ensuring That They Comply With Legal And Ethical Standards.

Being Regulated By CySEC Brings The Following Advantages To SOHO:

1. Enhances The Reputation And Credibility Of Brokers And Enhances Customer Confidence In The Reliability Of The Brand.
2. Protect The Rights And Interests Of Traders And Investors And Reduce The Risk Of Fraud.
3. Enhance Market Transparency And Fairness And Ensure A Fair Trading Environment.

Trading Products

SOHO Offers A Wide Range Of Trading Products Covering The Following Categories:

• Currency Pairs : Including Major And Minor Currency Pairs Such As EUR/USD (EUR/USD), GBP/USD (GBP/USD), USD/JPY (USD/JPY).
• Metals : Offers Trading In Precious Metals Such As Gold (XAU/USD), Silver (XAG/USD), Platinum And Palladium.
• Energy : Includes Energy Products Such As Crude Oil (WTI And Brent) And Natural Gas.
• Commodities : Agricultural Products Such As Wheat, Coffee And Sugar.
Stocks : Allows Traders To Access Stocks Of Major Global Companies Such As Apple (AAPL) And Google (GOOG).
• Index : Covers Important Indices Such As Standard & Poor 500 (SPX), Dow Jones Industries Average Index (DJI).
• Cryptocurrencies : Offers Cryptocurrency Contracts For Difference (CFD) Trading Such As Bitcoin (BTC/USD), Ethereum (ETH/USD) And Litecoin (LTC/USD).

Trading Software

SOHO Supports MetaTrader 4 (MT4) Trading Platform. MT4 Is Known For Its User-friendly Interface, Powerful Charting Tools And Rich Indicator Library, Providing Traders With An Efficient Operation Experience. Through MT4, Traders Can Monitor And Trade More Than 100 Financial Instruments At The Same Time .

Deposit And Withdrawal Methods

SOHO Provides A Variety Of Deposit And Withdrawal Methods To Meet The Diverse Needs Of Traders:

• Telegraphic Transfer : Support International Bank Transfer, Traders Need To Provide Bank Account Info To Complete The Transfer Of Funds In Or Out.
• Credit/Debit Card : Accepts Mainstream Payment Methods Such As MasterCard, Visa And Maestro.
• Electronic Wallet : Supports Third-party Payment Platforms Such As Skrill, Neteller And PayPal.

Although SOHO Offers A Variety Of Deposit And Withdrawal Methods, Its Official Website Does Not Detail The Specific Operation Process And Time Limit. Traders Are Advised To Confirm Relevant Information With The Customer Support Team Before Choosing.

Customer Support

SOHO Supports Its Clients Through The Following Channels:

1. Phone : Traders Can Contact The Customer Service Team At + 357 25323 120.
2. Email : The Support Team Email Is [email protected], And Traders Can Send Emails To Inquire About Various Issues.
3. Trading Desk : For Trading-related Matters, Traders Can Contact The Dedicated Trading Support Team Through [email protected].

Although SOHO Offers Multiple Support Channels, It Does Not Currently Support Live Chat, Which May Cause Some Inconvenience To Traders Who Need Immediate Assistance.

Core Business And Services

SOHO's Core Business Includes Foreign Exchange Trading, CFD Trading, And Demo Trading. Its Main Services Include:

1. STP And ECN Accounts : SOHO Offers Two Trading Accounts, Each For Different Types Of Traders.
   • STP Account : Suitable For Novice And Traders With Low To Medium Risk Tolerance, With A Minimum Deposit Of $100 And Using Spread Quote Mode.
   • ECN Account : Suitable For Advanced Traders, With A Minimum Deposit Of $10,000 , Offering Lower Spreads And Greater Trading Transparency.
2. Demo Account : Allows Traders To Practice Trading Strategies In Risk-free Conditions And Become Familiar With Platform Operations.

Technical Infrastructure

SOHO's Trading Platform (MT4) Runs On High-performance Servers, Ensuring Fast And Stable Trading Execution. SOHO Also Minimizes The Risk Of System Failure Through Redundant Network And Hardware Facilities, Ensuring A Smooth Operating Experience For Traders.

Compliance And Risk Control System

As A CySEC Regulated Broker, SOHO Must Adhere To Strict Compliance And Risk Control Requirements:

1. Fund Segregation : Client Funds Are Kept In Separate Accounts From The Company's Operating Funds To Prevent The Safety Of Client Assets Due To Company Financing Issues.
2. Risk Management System : Provides Traders With A Variety Of Risk Management Tools, Such As Stop Loss And Take Profit Orders.
3. Anti-Money Laundering (AML) And Counter-Terrorist Financing (CFT) : SOHO Strictly Enforces AML And CFT Policies To Prevent Illegal Financial Flows Through Measures Such As Customer Identity Verification (KYC).

Market Positioning And Competitive Advantage

SOHO's Positioning In The Foreign Exchange Market Is Mainly For Mid-to-high-end Traders. Its Competitive Advantages Include:

1. Diversified Trading Products : Covering Multiple Asset Classes Such As Currency Pairs, Commodities, Stocks, Indices, And Cryptocurrencies.
2. User-friendly Trading Platform : MT4 Is Favored By Traders For Its Powerful Features And Intuitive Operation Interface.
3. Rich Educational Resources : Provides Resources Such As Market Analysis, Financial Calendar, Trading Academy And Webinars To Help Traders Improve Their Skills.

However, SOHO Still Has Room For Improvement In The Following Areas:

1. Lack Of Transparent Spread Information : The Official Website Does Not Specify The Spread Range In Detail, Which May Cause Trouble To Some Traders.
2. Limited Leverage Support : Maximum Leverage Is 1:30 And May Not Meet The Needs Of Advanced Traders.
3. Lack Of Live Chat Support : May Not Be Convenient Enough For Traders Who Need Immediate Help.

Customer Support & Empowerment

SOHO Empowers Traders In A Number Of Ways:

1. Educational Resources : Provides Resources Such As Forex Trading Academy, Market Analysis, And Webinars To Help Clients Master Trading Skills.
2. Trading Tools : A Variety Of Technical Indicators And Charting Tools Are Built Into The MT4 Platform, Which Is Convenient For Traders To Formulate Trading Strategies.
3. Demo Account : Provides A Risk-free Practice Environment For Beginners To Enhance Trading Confidence.

Social Responsibility And ESG

Due To SOHO's Relatively Short History, Its Performance In Corporate Social Responsibility And Environmental, Social And Governance (ESG) Has Not Been Documented In Detail. In The Future, SOHO Can Further Enhance Brand Perception By Participating In Public Welfare Projects Or Publishing ESG Reports.

Strategic Cooperation Ecology

At Present, SOHO Has Not Disclosed Its Major Strategic Cooperation Information. In The Future, Cooperation With Fintech Companies, Educational Institutions Or Industry Associations Will Help SOHO To Further Expand Its Business Scope And Service Capabilities.

Financial Health

As Of 2023, SOHO's Financial Health Performance Is Solid. Its Regulated Operating Model And Transparent Financial Information Disclosure Enhance Customer Trust.

Future Roadmap

SOHO Plans To Continue To Expand Its Product Line, Improve Service Quality, And Optimize User Experience In The Future. Specifically:

1. Add Trading Varieties : Expand Trading Options For More Cryptocurrencies And Emerging Market Commodities.
2. Improve Customer Support : Introduce Live Chat Function To Improve The Quality Of Client Server.
3. Optimize Educational Resources : Launch More Educational Content For Novice And Advanced Traders.

Through The Above Measures, SOHO Is Expected To Consolidate Its Position In The Highly Competitive Foreign Exchange Market And Provide Quality Financial Services To More Traders.