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Hi everyone
The worldwide economic crisis we are all into is not just taking a toll in the Forex Volume and the profits of the retail Forex brokers but it is also hitting Forex Portals.
In the last 3 weeks I’ve heard about 3 known Forex web sites being in sale. So far, owners are asking for big bucks for their sites, much more than what a reasonable figure of less than 10 times the yearly earnings could show.
As far as I know, the financial health of the big Forex portals is still in place so we do not have to be preoccupied about them, but it is still a little bit worrisome that some middle size portals are giving up.
Is it a consequence of bigger competition, economic crisis, lack of capacity to transform in cashing the page views growth… a combination of everything?
We will keep an eye on this
Francesc
8 Responses to “Crisis in the Retail Forex Portals Business as well?”
Francesc Riverola,

Hi Francec,
What forex portals are your referring to?
Thanks,
Wim
Are you suggesting you’re selling you’re websites?
Hi Wim
I can not disclose the names of the FX portals that are on sell but I can guarantee you that it is true.
Francesc
Hi Josh

NO, I’m not selling FXstreet.com
Of course if someone comes with an extraordinary offer I will consider it, but my purpose is to keep working on the site for many many years… In fact, 2010 is going to be our 10th anniversary!
Damn, would like to buy one of them..
Hi Wim
Then get in touch with me over the e-mail and I’ll try to put you in contact with them
francescATfxstreet.com
Email sent Francesc.
Thanks for your response. I appreciate it.
wow! you mean you are ready to sell off fxstreet if you got a good offer? what is your definition of agood offer?
Hi Charles
No, I’m not ready to sell and if I would do it now I would not get the most from the company as we have invested quiet heavily recently and we expect to see results in the next couple of years.
A definition of a good offer? Well… I would not like to sound too naive, but a good offer for me it is an offer you do not even dare to discuss. You just sign it