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Sunday, March 29, 2009

Mini Forex Trading




GFX offers "mini" forex trading, allowing customers to trade position sizes as small as 10,000 currency units. Just set the "lot" size in the GlobalTrader software to 0.1 lots. Mini forex trading with GFX offers the following advantages:
3 pip SpreadsGFX's low spreads improve net trading results, especially for active traders. GFX uses its economies of scale and efficient dealing practices to offer the lowest spreads in retail Forex.
Instant order execution. Orders placed on the GFX software are executed immediately online. Traders can also place stops, trailing stops, or limits on open positions or have them pre-set on market orders.
Zero Commissions and FeesGFX clients always trade with zero commissions and no transaction fees, unless agreed otherwise.
Powerful Trading SoftwareGFX's leading trading software sets new standards in online trading functionality, performance, and ease of use. Get a free demo account here.
Real-time account and margin information. Your account balance, usable margin, and value of open positions are displayed in the trading software in real-time.
Real-time Charts, News and Quotes. GFX Mini Forex software has charts, news, and quotes easily accessible from the menus.
Multiple Account Trading. Trading managers and funds can trade multiple accounts from a single window. The Mini Forex software allows a block order to be automatically split up among multiple customer accounts as specified by the trader.
Hedging capability. Traders can open positions in the same currency in opposite directions, without the positions offsetting and without using additional margin.
Service and Support. GFX clients have access to 24 hour technical support, as well as 24 hour trading by telephone or chat.
Lower Margin RequirementsMargin requirements for mini trading with GFX are fixed at $50 per lot; equivalent to 200:1 leverage. Lower margin requirements mean more trading flexibility without getting a margin call.
Wide selection of productsTrade any of 49 major and exotic currency pairs, gold and silver. All products are commission-free, unless agreed otherwise, with the same low margin requirements. Click here for a full list.

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