International forex guru sets up shop in Philippine

MANILA, Philippines – International foreign exchange trading guru Greg Secker is setting up shop in the Philippines as his charitable arm also pours almost all of its funds into the country this 2017.

Secker said they have finished the legwork for the opening of offices for his Learn To Trade forex education business, as well as Capital Index, FX Capital and Smart Chart, that will offer their forex trading education and forex trading platforms to Filipinos.

Secker said his Greg Secker Foundation, which is building a model village in Lemery, Iloilo for 100 families rendered homeless by Super Typhoon Yolanda more than three years ago, will remain based in Iloilo City.

“2017 is the year that we’re setting up our operations here in the Philippines. We set it up just before Christmas last year,” Secker said.

“We’ll probably double our operations here to pay for our foundation,” Secker said.

“I made a commitment to this country three years ago, and I will stand by it,” Secker said.

“We’re doubling up our operations, doubling up our seminars, and of course doubling up our trading. What’s interesting is that some of the wealthier Filipinos will be helping us pay for the village which is great, it’s a great way to give back,” Secker said.

Secker said that Filipinos have a huge potential to succeed and make good money from forex trading if they have the right education and tools.

“With our new offices in the Philippines, we will deliver a more understood and fairer financial trading service. Our goal is to make you a successful trader by learning the value of true risk management and how to use it to profit from the markets,”Secker said.

In his Learn to Trade education and forex trading platform business, Secker says sustainability was also a goal similar to the GSF charitable projects.

“We don’t want clients to lose, we want them to trade. Every time they trade you make some more commission. If they lose and we took all their money, you hit them one time and you get all their cash, but then you got nothing else. We want clients to grow their accounts so they make money. Then they bring people in and then they make money. But we make a little tiny pieces on all of their trades,” Secker said.

“That’s the best business model — beçause it’s sustainable.”

“We believe anyone can financially free themselves by trading the markets. Most people will never take that leap because no one has been there to help them step by step; as they ‘learn to trade’ the markets,” Secker added.

 “Learn to Trade is the largest trading educator in the world and we believe firmly in corporate and client responsibility. Providing first class risk management training, a trading platform that prevents trading errors while keeping risk low, with a brokerage that believes leverage should be based on education and trading experience. Setting a maximum leverage of 15:1, we believe this makes us unique as allowing clients to trade with up to 300:1, inherently creates greater risk to client portfolios,” he explained.

The Greg Secker Foundation (GSF) is pouring most of its philanthropic funds for 2017 into the Philippines to complete the transformation of a model village made up of 100 brand new homes it is building in the fifth-class municipality of Lemery, Iloilo which was devastated by Yolanda more than three years ago.

Secker, a “prophet of profit” in the high-stakes lucrative world of online foreign exchange trading and young founder of the GSF, said that about 90 percent of the foundation’s budget for its projects this 2017 will go to the Philippines, particularly for the GSF Village they are building in Lemery.

“This is our big year for the Philippines,” Secker said.

“This will be the year when we will launch the first 100 homes of our village. We’ll also build a school, and we’ll build a training center, and a farm,” Secker said in a press briefing at the Shangri-la The Fort last Friday.

“We wont go live with this village ‘til the training center, school and farm is in place because we want it to be sustainable,” Secker said.

Secker shared that the huge funding they were giving to the Philippines was a necessity after they met with “challenges” as they neared the completion of the first 50 of the 100 homes they are building in the GSF Village.

“We’ve had some big challenges. We underestimated the amount of erosion caused by rain and local typhoons,” Secker said.

The foundation, however, is undaunted by the need to undertake some costly “slope protection” works.

“We’ve had to increase our investment by about 40 percent.... The land is sliding away. So we have to go in with wire mesh and rocks, completely re-establish the land,” Secker said.

“It was unexpected..It’s a bigger year than we thought it would be,” Secker said.

“We’ve currently built 50 houses now, We’ve got 50 more to go. We’re building the houses at quite a fast rate,” Secker said.

The homes being built by the foundation for the selected beneficiaries are showcase homes that can even put to shame houses being built by the middle-class in rural Iloilo.

The concerete homes being built in the Greg Secker Foundation Village have a lot area of more than 80 square meters, and floor areas of more than 40 square meters, with tiled comfort rooms and stainless steel sinks and whose future lawns are now already being landscaped by the designated beneficiary families who will live in the beautiful houses.

“They’re good quality houses, they’re typhoon resistant,” Secker said.

“If you look at the quality of the homes compared to the other ones around that have been built by other organizations, these are a little bit more expensive. But I wanted to create something which is sustainable and would last,” Secker said.

Secker went to the Philippines in the weeks after super typhoon Yolanda devastated Lemery, Iloilo. The Western Visayas, along with Eastern Visayas, Central Visayas, and even up to Palawan in Region 4-B or the MIMAROPA (Mindoro-Marinduque-Romblon-Palawan) bore the brunt of the furious winds and heavy rains, which also brought with it a storm surge on November 8, 2013.