SADDLE RIVER, New Jersey, June 12, 2012 /PRNewswire via COMTEX/ -- Looking for a forex trading provider? 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, 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, 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:
Open a forex trading account with FX Solutions
Fund your forex trading account
Trade forex
You can start trading forex with FX Solutions 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 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/
SOURCE FX Solutions
Copyright (C) 2012 PR Newswire. All rights reserved
First Derivatives and FOREX CLUB Announce Strategic Partnership - PR Newswire
MOSCOW, June 13, 2012 /PRNewswire/ --
First Derivatives plc ("FD"), a leading provider of software and consulting services to global investment banks, brokers and hedge funds has today announced that it has entered a strategic partnership with FOREX CLUB, a leading[1] online broker. The partnership will enable FOREX CLUB clients to benefit from global access to the largest liquidity pools in the market provided by 12 leading global banks and institutional levels of pricing, execution and spreads in foreign exchange trading.
(Logo: http://photos.prnewswire.com/prnh/20120517/533090 )
(Logo: http://photos.prnewswire.com/prnh/20120613/537868 )
The agreement is FD's first partnership with a privately owned retail FX broker based in Russia and the Commonwealth of Independent States ('CIS'). By introducing FD's Delta Flow™ trading technology, which uses a Direct Bank Access (DBA) model, FOREX CLUB's global client base are plugged directly into the heart of the foreign exchange market ensuring best quality execution, spreads and pricing.
Using the latest standardised connectivity from centralised data centres in the world, FOREX CLUB is now able to provide its clients with ultra-low latency and unlimited connectivity, thereby delivering an institutional level of service across all its platforms including StartFX2, MT4, ActTrader™ and Rumus.
John Beckert, MD e-Trading & Risk Management Solutions at First Derivatives, said: "Our business development model is predicated on the need to focus on those clients who can demonstrate a market vision underpinned by a solid business plan. This is vital to our growth as well as our clients. Collaborating with a firm such as FOREX CLUB enhances our ability to deliver market leading enterprise wide solutions to the broker sector of the market. We pride ourselves on partnering with clients for mutual business success and long-term profitability. On this basis, we welcome FOREX CLUB as our newest partner. By leveraging our best-in-class technologies and consultancy, we believe that FOREX CLUB is well-placed to strengthen its competitive position in the retail forex market. At the same time, their decision to adopt our Delta Flow™ trading technology underlines our commitment to providing innovative and cutting edge solutions to the forex trading markets."
Demetrios Zamboglou, Head of Hedge & Quant at FOREX CLUB, said: "We are delighted to have reached an agreement with First Derivatives to be our primary trading technology partner. This demonstrates our commitment to becoming a global leader in online retail FX trading. By ensuring direct client access to multiple pools of liquidity from the top global banks, we strengthen our competitive edge by giving clients tighter spreads and best execution practices."
About Delta
Launched in 2008 by First Derivatives plc, Delta is a comprehensive suite of high performance real-time trading, CEP, market data and risk management applications. Flagship trading products include Delta Flow, Delta Algo, Delta Margin and Delta Stream which are used in high volume, low latency environments.
About First Derivatives, PLC
First Derivatives is a global provider of software and consulting services to the financial services industry. With almost 16 years' experience working with leading financial institutions, it continues to deliver technologically advanced products and services that anticipate and respond to the evolving needs of global capital markets.
First Derivatives currently employs over 670 people worldwide and counts many of the world's top investment banks, brokers and hedge funds as its customers. It has operations in London, New York, Stockholm, Shanghai, Singapore, Toronto, Sydney, Dublin, Newry and Hong Kong.
For further information please visit http://www.firstderivatives.com
Established in 1997, FOREX CLUB is the brand name for a group of companies that provides clients from over 120 countries with platforms and services for trading forex, CFDs and other online trading and educational products. It offers clients high-quality tools in training, analytics and education, as well as personal support. FOREX CLUB has over 600 employees worldwide servicing 45,000 traders. The company was one of the industry's first to offer zero spread trading and commission refunds on all unprofitable trades exclusively on StartFX 2, the company's proprietary platform.
The company remains committed to the developed standards set forth by government regulators around the world. The company's Russian broker is a founding member of CRFIN, the Russian self-regulatory organization.
The structure of FOREX CLUB Group of Companies includes a range of brokers and training centers, including Forex Club International Limited, Akmos Trade, FOREX CLUB (FSFM license #004857) and the International Trading Academy.
http://www.firstderivatives.com;
[Notes for Editors]
[1] FOREX CLUB was rated in Forex Magnates' Q4 2011 and Q1 2012 Industry Reports as one of the top ten global brokers by retail forex volume.
Free money fattens the Swiss bankroll - Sydney Morning Herald
Who said there was no such thing as free money?
The flight of capital in global markets has become so extreme that you actually have to pay to park your money in Switzerland, in Swiss sovereign bonds that is.
While bonds around the world offer a yield, a return on investment, the picturesque tax haven in the middle of Europe now boasts a ''negative yield'' on its sovereign debt.
Putting this in perspective, the yield on a Greek bond is 30 per cent - compared with below zero. And it still looks pricey.
The countdown is on for the Greek elections this Sunday. And as the world contemplates a possible Hellenic exit from the eurozone, or a ''Grexit'', as market parlance would have it, the region's bond markets have hit their tipping point once again.
Sharemarkets, having briefly and perversely rallied on news of the €100 billion ($125.6 billion) bailout of Spain's banks early this week - something that should have been bad news as Spain had been consistently denying its banks needed help - fell on Tuesday but recovered last night.
When the sharemarket and the bond market start telling you different things, though, it is usually the bond market which has it right. Equities are plodding along yet bonds are warning of danger ahead.
It may be that the strength in equities is precisely due to the fact that bond yields in what are deemed the safer countries are so low (about 1.65 per cent in both the US and Britain and 1.2 per cent in Germany).
And it may also be that investors are simply fed up with super-low yields. At least quality industrial shares carry a decent dividend yield, albeit with less security and greater exposure to economic downturns than bonds.
The third point in favour of shares is, as many see it, the inevitability of further radical central bank stimulus: money printing, QE3, LTRO, assorted programs to appease equity markets and ''kick the can down the road''.
This latest pricing in credit markets indicates a law of diminishing returns, though, when it comes to stimulus, and kicking that old can down that old road.
Switzerland, which has retained its currency though the 20-year euro experiment, this week for the first time ever, boasts a negative yield curve on its six-month to five-year paper.
No yield at all in other words - just the ''sleep at night'' factor; that if things turned really pear shaped in the impending contagion from a Greek exit and further wobbles in Spain, your money could be parked in Swiss francs until it was safe to bring it out.
However, the amusing paradox is that the Swiss franc protects an investor against a fall in the euro, or a default in a southern European bond, but it also allows the Swiss to pay their own sovereign debt by … you guessed it … issuing more sovereign debt.
There is a catch. Last September, as Europeans were fleeing the euro in the last holus-bolus flight to safety, the Swiss National Bank was forced to peg its currency.
The franc was running so hot that it was threatening to demolish the country's high-quality export sector and its tourism. After all, why go skiing in Switzerland when to do so next door in Italy, Austria and France was half the price?
The currency fix didn't entirely quell the tide of capital, though. Hence the negative yield. This week, two-year rates are costing investors 36 basis points.
Meanwhile, below the Pyrenees, Spain's 10-year debt sank to its lowest price, which means its highest yield, in 15 years at 6.83 per cent.
At that rate, it is too expensive for the embattled government in Madrid to issue bonds and refinance. The cost of Italy's debt, likewise, became prohibitive, hitting six-month highs above 6 per cent.
The spectre of contagion once again haunts Europe and there is still another $1 trillion to borrow and refinance this year. Italy, the second-largest debtor in the eurozone, has more than €9 billion to raise in the next couple of days.
And as the calls go out from banks and markets for QE3, for another round of free money to prop up stockmarkets, it is ever apparent the benign effects of central bank stimulus diminishes with each program.
More and more people are questioning the Keynesian logic of splashing the cash around. The more compelling logic would be that splashing the cash about has failed. The result has been to pile debt upon debt.
Perhaps when they let Greece go - and it might take Spain and the rest of the periphery to be cleaned out, too - nature and markets can take their course.
In the meantime, if there is another enormous stimulus, it will provide at least short-term relief for the sharemarkets. And for Australia it might turn out to be fleetingly positive, putting a floor under commodity prices as markets opt, however briefly, to park their money in hard assets.
This material is subject to copyright and any unauthorised use, copying or mirroring is prohibited.
[ SMH | Text-only index]
FOREX-Euro edges up vs dlr, investors pare bearish bets - Reuters
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NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
'Diablo 3' real-money auction house European launch date confirmed - Digital Spy
FOREX-Euro steady, but vulnerable to Italian and Greek woes - Reuters UK
(Recasts, adds quote, details)
* Euro runs into selling by investors at uptick
* Euro zone bond yields to offer direction to currencies
* USD/JPY ensconced between offers and bids from real money players
By Anirban Nag
LONDON, June 13 (Reuters) - The euro was steady on Wednesday, w ith bearish investors selling at higher levels as concerns mounted that debt contagion would ensnare Italy and as general unease prevailed about the euro zone before crucial Greek elections.
Even yields on normally safe-haven German bunds climbed in a clear signal that investors are increasingly gloomy about the euro zone. Some cited this as evidence that the rising cost of shoring up the euro zone was taking a toll on Germany's creditworthiness.
Germany is Europe's largest economy and paymaster and major currencies are likely to take cue from euro zone bond yields, traders said. If Italian and Spanish bond yields continued to edge up towards unsustainable levels of around 7 percent, the euro could come under more pressure in the near term.
On the other hand, if bond yields eased, it could provide some temporary relief to the euro.
The euro was flat on the day at $1.2522, well above its near 2-year low hit on June 1 at $1.2288 but below its three-week high reached on Monday at $1.2672.
It rose past reported offers from sovereign investors around $1.2520 with stop-losses triggered on its move to a session high of $1.25389. Near term resistance is eyed at the 21-day moving average around $1.2551.
"There is a risk that the Spanish problems could spread to Italy and investors are mindful of that," said Jeremy Stretch, head of currency strategy at CIBC World Markets.
"The risks are asymmetrical against the euro and while only a bout of short covering can lift the euro, we would suggest investors fade into that rally."
Investors and speculators have added to significantly high bearish bets against the common currency in the past few months as the euro zone crisis swept across much of Europe. The euro has fallen more than 7 percent from the peak of 2012 hit in February and few see the situation improving any time soon wit h no credible policy response in sight.
Analysts say unless euro zone policymakers take steps towards a more cohesive fiscal union and puts its banking system in order, bearish sentiment towards the euro will stay entrenched.
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Other stories on euro zone crisis
Spanish bailout raises bar for Italy
Euro zone crisis in graphics r.reuters.com/hyb65p
For full multimedia coverage r.reuters.com/xyt94s
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IMPLIED VOLATILITY JUMPS
Concerns over the outcome of Greek elections at the weekend, where parties opposing and supporting harsh austerity measures imposed by the country's international lenders are neck and neck in public opinion polls, led some investors to remain on the sidelines.
The options market was positioning for the elections with 1-week euro/dollar implied volatility trading at the highest level since November at 15.9 percent as quoted by ICAP , up from 10.5 percent last Friday.
"One week implied volatility is hitting extreme levels. Many players are buying downside puts to protect themselves in case anti-bailout parties win the vote," said a trader for a Japanese bank. He added if that happened, the euro could quickly tumble below $1.2288, the 23-month low struck on June 1.
Against the safe-haven yen the euro was up 0.2 percent at 99.70 yen. Traders said Japanese exporters were likely to cap any gains in the currency around 100 yen.
They also cited uncertainty about the terms of the 100 billion euro Spanish rescue amid fears that private bondholders could be pushed down the repayment chain below official lenders, risking losses in any debt write-down, similar to Greece.
Meanwhile, Italy faces a test on Thursday, when it plans to offer up to 4.5 billion euros of fixed-rate bonds. The sale comes as 10-year Italian bond yields have surged past 6 percent, undermining confidence in the ability euro zone's third-largest economy to undertake austerity reforms.
The dollar was flat against the yen at 79.54 yen, hovering below this week's high at 79.92 yen. Traders reported offers around 79.70 yen from Japanese exporters and bids emerging around 79.20. Chart analysts were eyeing the 100-day moving average at 80.23 as the next resistance level.
(Editing by Adrian Croft)
Online Forex Trading Platform iFOREX Raises the Bar with New Development Server - Yahoo Finance
ROAD TOWN, Tortola--(BUSINESS WIRE)--
iFOREX, a currency exchange and Forex trading service provider, recently enhanced its R&D department with the addition of a new development server. By utilizing the new sever, iFOREX.com plans to develop new and exciting trading tools and features to its trading platform by adding innovative technology. When ready, the new features will also be available in an array of languages including Indonesian, Spanish and Malay which can be found at http://www.iforex.co.id, http://www.iforex.es and http://www.iforex.my
The new iFOREX development server is a continuation of its aim to provide its clients with the latest and most innovative trading software and tools on the market. With an array of unique and user friendly trading tools and training services already available to the clients of iFOREX (http://www.iforex.com), the prospect of new services will allow iFOREX to push ahead of the pack in the online trading field.
When asked about the new systems, a senior member of the iFOREX development team was quoted as saying, “We are proud to offer the highest level of trading features to our clients. The new services and tools we are currently developing are very exciting and we aim to give every trader the ultimate trading experience. We are committed to staying at the trading forefront by constantly providing innovative technology to every client.”
If you would like to learn more about iFOREX or the services that it provides or to learn more about the foreign exchange market and to find out the latest news and statistical reports please visit http://traderbase.iforex.com
* Territorial restrictions may apply. iFOREX does not offer its services in the BVI
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