Find out the history of forex trading, how it works and how to trade. Note this is an educational site only and not for the purposes of forex trading.
FX Solutions
Formed in 2001, FX Solutions is an e forex brokerage firm that is regulated by the Commodity Futures Trading Commission (CFTC) and is also a member of the National Futures Association (NFA). While it started off as a small US firm - it had only five employees at inception, today it has offices on four continents and employs over four hundred employees. The huge expansion of this brokerage was accelerated by its acquisition by City Index Group in 2008 which led to a substantial capital injection. In the respective jurisdictions that the brokerage has opened new offices (China, Singapore, Australia, Europe and the Middle East), it is regulated by the relevant oversight authorities.
The GTS Platform The trader also benefits from email and audio alerts among other benefits. Charts available with this package can be customized to fit each trader's trading style and provide in excess of 150 indicators and oscillators. Trading with GTS is made easy by the comprehensive video tutorial that FX Solutions offers on its site. The trader is taught how to place an entry order and how to close trades among other things. While trades are conducted exclusively in English, the tutorials and the rest of the information is also offered in Chinese, Spanish and Arabic. FX Solutions allows new traders a 30-day free trading account which is loaded with $10,000 trading money. Traders are required to deposit a minimum of $250 to open real trading accounts and the company allows for a variety of accounts ranging from Individual to Joint, Business and Trust Accounts. The company accepts several deposit methods including Visa, MasterCard, PayPal, Bank Wire and Paper Check. To withdraw funds, the trader is required to fill-in a withdrawal form and to send it by fax to FX Solutions. Traders can withdrawal funds via check or wire transfer with a $25 bank charge being made for the latter withdrawal method.
The Education Center At FX Solutions, the main currency pairs are traded and the most common pairings are USD/JPY, USD/CHF and USD/CAD. For pairings with the Euro as the base currency, the common pairings are EUR/USD, EUR/JPY, EUR/GBP and EUR/CHF. Back to e Forex Reviews
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