SADDLE RIVER, New Jersey, June 12, 2012 /PRNewswire/ --
Looking for a forex trading provider [http://www.fxsolutions.com ]? Below, we offer our simple guide on how you can start trading forex with FX Solutions LLC today.
Forex Trading Provider: FX Solutions
Let´s focus on the retail forex trading provider, FX Solutions, and the key features of their retail forex trading account.
Key Feature 1: Access to Powerful Trading Platforms
When choosing your provider, you should focus on one that provides the ultimate service.
Through a FX Solutions forex trading account [http://www.fxsolutions.com/trade-forex/what-is-forex.aspx ], you can benefit from access to intuitive and powerful trading platforms - including the MetaTrader 4 platform.
Some of the platforms and trading features include:
- MetaTrader 4
- GTS Pro
- FX Accucharts
In addition, you can access your forex trading account through the MT4 trading platform - accessible through your mobile device; enabling you access to the global currency markets from virtually anywhere in the world.
Key Feature 2: Fixed Spreads*
A provider offering fixed spreads within the volatile forex markets may offer you as an investor a greater level of security.
Due to the liquidity of the global currency markets; prices can change quickly.
As an FX Solutions client, you can receive fixed spreads which allow you to trade with confidence, knowing that your spread will generally remain fixed and will not change - regardless of market volatility or levels of liquidity.
*Although FX Solutions reserves the right to widen spreads without notice, the last time spreads were widened was on February 2, 2009; NZD/USD widened from 5 to 7 pips.
Key Feature 3: Commission Free
No commission is required with forex provider FX Solutions [http://www.fxsolutions.com/why-fxsol ], meaning you can trade on the most popular currency pairs - such as the EUR/USD, GBP/USD and USD/JPY - with only payingthe bid/ask spread.
How to Start Trading Forex
There are three steps to starting to trade forex today:
1) Open a forex trading account with FX Solutions
2) Fund your forex trading account
3) Trade forex
You can start trading forex with FX Solutions [http://fxsolutions.com/trade-forex/start-trading-forex.aspx ] today by applying online through: http://www.fxsolutions.com
Forex trading involves a substantial risk of loss and is not suitable for all investors.
About FX Solutions:
FX Solutions LLC is a leading foreign exchange broker [http://www.fxsolutions.com ] with a focus on advanced trading technologies, transparency of transaction and unparalleled customer service.
FX Solutions serves retail clients institutional trading partners and introducing brokers in over 100 countries.
For more information, please visit http://www.fxsolutions.com
The story of India’s falling forex reserves - Livemint.com
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Echoing former Reserve Bank of India (RBI) governor C. Rangarajan, Ashima Goyal, a member of the central bank’s technical advisory committee, has called upon RBI to use foreign currency reserves to support the rupee. However, as data for 1 June shows ...FOREX-Euro rises, but gains seen fleeting - Reuters
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
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Mexican drug cartel launders money through American horse racing - YAHOO!
On Tuesday, the Justice Department moved against Tremor Enterprises, a horse racing business funded by Miguel Ángel Treviño Morales, the second in command of Mexico’s Zetas drug cartel, reports The New York Times.
The company has operations in Oklahoma and New Mexico and is run by Treviño’s older brother José, a legal resident of the United States. The younger Treviño, Miguel, is one of the DEA’s most wanted fugitives, and there is a $5 million reward for information leading to his arrest. He has become the lead enforcer of the Zetas, who are known for mutilating his victims’ bodies while they are still alive.
The brothers’ horse breeding company won three of horseracing’s biggest races in the last three years, earning about $2.5 million in prize money. The operation was used to launder money from the drug cartel through legal enterprises in the United States.
The Justice Department sent helicopters and hundreds of agents to Tremor’s stables in New Mexico and its ranch in Oklahoma Tuesday morning.
The Zetas were originally a protection force for another but split off in 2010 to start their own operation, which is now one of the most influential in Mexico.
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Forex: AUD/USD slips below 0.9950 - FXStreet.com
Forex bureaus in Sudan hike exchange rate to curb black market - Sudan Tribune
June 11, 2012 (KHARTOUM) – Forex Bureaus in Sudan on Monday started using higher exchange rates for the US dollar in a bid to match its value in the black market and prevent further depreciation of the local currency.
Last month the Central Bank of Sudan (CBS) made a bold effort to curb the thriving black market by allowing Forex bureaus to buy and sell currencies using their own exchange rates as opposed to the official one.
The effort is hoped to bridge the huge gap between the official exchange rate and that used in the black market, where the US dollar continues to trade for twice the official rate of 2.7 Sudanese pounds despite multiple interventions by the central bank to inject hard currency.
Last week the Sudanese pound hit an all-time low of 5.55 in the black market as the central bank failed to supply Forex bureaus with enough hard currency to meet demands.
The secretary-general of the Forex Bureaus Union (FBU), Abdel Al-Moniem Nur Al-Deen, on Monday said that Forex bureaus had decided to hike their exchange rate to 5.53 pounds in the hope of greater proximity to the black market rate.
Nur Al-Deen justified their decision by saying that they had realized that the daily fixed quota of 3,500 USD allocated to Forex Bureaus by the central bank had been leaking to the black market through some traders who present fake travel documents in order to get dollars at the official rate then sell them back in the black market.
The FBU previously announced that some citizens applying for hard currency on travelling justifications have had their requests turned down after it was discovered that they were put up to it by black market traders who buy their dollars to sell them later at a higher rate.
Sudan has been struggling to contain the deteriorating value of its own currency as the flow of hard currency was sharply curtailed following the secession of the oil-rich South Sudan last year.
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FOREX-Euro edges higher; Spanish yields, Greece cap gains - Reuters UK
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
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EU: movement of money, people can be limited - The Guardian
BRUSSELS (AP) — The European Commission has been providing legal advice to others who are considering possible scenarios should Greece leave the euro, a European Union spokesman said.
Olivier Bailly said Tuesday that, legally, limits could be imposed on movement of people and money across national borders within the EU if it's necessary to protect public order or public security — but not on economic grounds.
"Some people are working on scenarios," he said, but refused to confirm or identify which organizations and people were working on them.
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