Chavkerov-Russian Entrepreneur Dmitri Chavkerov in Wall Street Journal

Dmitri Chavkerov - wall street journal

Dmitri Chavkerov | Building Forex Empire and Donating Money to Charities

Dmitri Chavkerov Builds Financial Empire in Forex Markets While Donating Funds for Charities

NORTH PORT, Fla., May 22, 2013 /PRNewswire/ – When Dmitri Chavkerov founded theForexPeaceArmy.com, the Internet’s most reliable website for information about the Forex industry, he was building on a long series of successful business accomplishments that began when he was a teenage entrepreneur growing up in Beverly Hills.

Dmitri Chavkerov, who now lives in North Port, FL, is also heralded as a philanthropist who donates to many charities including those that feed children, provide surgeries for children who have cleft palates, and plant trees on Indian reservations. He even requires his vendors tithe 10 percent of their contracts to charitable organizations of their choice.

The multi-millionaire philanthropist began an entrepreneurial lifestyle while still in his teens, as a graduate of the Beverly Hills High School, where he was on the highly ranked tennis team.

“At 18, I was an equal partner with the former president of biggest construction company in Russia.  He had 1,200 employees and owned a theme park in Moscow.  He immigrated to the United Statesand partnered with me. We started our own brand of porcelain dolls and boxing equipment.  We established a strong relationship with China and had a huge warehouse and many accounts with specialty retailers,” Dmitri Chavkerov said.

“At 21, I was invited to start a new high tech company with Glenn Pennock (former founder and president of first web design company in Europe, which at one point was worth $500 million).  He and his brother invented their own programming language, and within months we were negotiating $10 million dollar contracts with major entertainment companies,” Dmitri Chavkerov said.

“At 22, I was invited to be 50-50 partner with Mike Street of Street, Inc.  He had more than 100 properties in Southern California.

Those ventures were preludes to his current business, The ForexPeaceArmy.com, the biggest and most respected Forex review website in the world, which he started at age 23.

Dmitri Chavkerov has always trusted his instincts. At age 25, he turned down an offer to manage a $1 billion dollar fund. ”About a year later, someone sent me a newspaper article that said one of the traders stole $300 million from the fund and the whole operation went under litigation,” he said.

Dmitri Chavkerov believes spirituality plays an important role in business. “In 2009, I was invited to participate in four episodes of Russian TV program, “Spiritual Diplomacy.” The TV host, Mikhail Morgulis, was an advisor to Soviet President Mikhail Gorbachev.  ”He referred to me as ‘the guy who believes in miracles.’ ”

The first program, with English subtitles, is available on YouTube: http://www.youtube.com/watch?v=9a1h8a1Zp9c

Dmitri Chavkerov’s spirituality underscores his investment philosophy. He wrote 10 articles which describe his win-win, spiritual path to investing success. Those articles were widely read – more than 450,000 times – and helped to make the ForexPeaceArmy.com site one of the most visited and respected websites in the Forex industry.

About ForexPeaceArmy.com

The FPA database currently offers 37,143 reviews of 3,259 Forex companies. Not only is it the largest database of this sort available on the web, it’s also famous for its quality. All the reviews are read by the human editors and verified with the set of proprietary techniques before getting posted. We are very proud of our unique review and rating system that has helped hundreds of thousands of our fellow traders to stay on the safe side and greatly appreciate the help of all of our contributors.

Like in any other industry, successfully trading of the currency markets is not possible without adequate knowledge. The ForexPeaceArmy is trying to fill this niche with:

  • Free daily trading signals based around major economic news releases.
  • Quality set of articles discussing some of the most vital aspects of the currency trading.
  • Forex Military School, a free education course for beginning and advanced traders.
  • Forex traders glossary with definitions of economic terms for traders.
  • Vibrant community forums featuring hot topics and explosive discussions.
  • Traders Court where readers can post their complaints against companies after they have tried to get their issues resolved directly with the company.
  • Forex Scams Revealed where readers can learn of frauds.
  • Scam Alerts where readers can post information about problems with companies that the ForexPeaceArmy will review to see if they are scams or not.

The Forex Peace Army offers a low latency Economic Events Calendar, tuned up for news traders. The calendar is equipped with unique features like an events history and a historical charting module. It also supports local time zone adjustment and events filtering by currency or market impact for convenience.

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