Our
Award-winning Trading Platform:
DealBook® 360 |
– Free forex trading software
– Free integrated charting and
real-time forex news and
quotes
– Design and build technical
indicators and forex strategies
– More than 80 free technical
studies and forex analysis tools
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Learn more |
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| Why Forex?: A World of Opportunities |
Over the last three decades the foreign exchange market has become the
world's largest financial market, with over $1.5 trillion USD traded daily.
Forex is part of the bank-to-bank currency market known as the 24-hour
Interbank market. The Interbank market literally follows the sun around the
world, moving from major banking centers of the United States to Australia,
New Zealand to the Far East, to Europe then back to the United States.
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Forex Market Summary of Benefits |
– Forex is open 24 hours a day.
– Forex is the most liquid market in the world.
– 100-to-1 leverage reduces the need for large
amounts of capital.
– Commission-free* trading on more than 60
currencies.
– No restrictions on shorting which allows you to
enjoy profit opportunities during any market
condition. |
Until recently, the forex market wasn't for the average trader or
individual speculator. With the large minimum transaction sizes and
often-stringent financial requirements, banks, hedge funds, major currency
dealers and the occasional high net-worth individual speculator were the
principal participants. These large traders were able to take advantage of
the many benefits offered by the forex market vs. other markets, including
fantastic liquidity and the strong trending nature of the world's primary
currency exchange rates.
* GFT is compensated by revenues from its
activities as a currency dealer, including proceeds from buying, selling,
converting as well as holding currencies and interest on deposited funds and
rollover fees.
GFT Gives You the Access and Resources to Trade Forex
As a primary market-maker in foreign currency trading, Global Forex
Trading is able to offer smaller transactional sizes and allow traders of
almost any size, including individual speculators or smaller companies, the
opportunity to trade the same rates and price movements as the large players
who once dominated the forex market.
The forex market removes the traditional barriers that exist in other
markets without restricting the forex traders' ability to make a trade at
the right times.
Some examples include:
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| Limited
floor trading hours dictated by the time zone of the trading location,
significantly restricting the number of hours a market is open and when
it can be accessed. |
The
Forex market is open 24 hours a day, 5.5 days a week. Because of the
decentralized clearing of trades and overlap of major markets in Asia,
London and the United States, the market remains open and liquid
throughout the day and overnight.
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Threat
of liquidity drying up after market hours or because many market
participants decide to stay on the sidelines or move to more popular
markets.
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Most liquid market
in the world eclipsing all others in comparison. Most transactions must
continue, since currency exchange is a required mechanism needed to
facilitate world commerce.
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Traders are gouged
with fees, such as commissions, clearing fees, exchange fees and
government fees.
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Commission-Free*
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| Large
capital requirements, high margin rates, restrictions on shorting, very
little autonomy. |
One consistent
margin rate 24 hours a day allows Forex traders to leverage their
capital more efficiently with as high as 100-to-1 leverage.
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Short selling and
stop order restrictions.
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None.
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| Pattern daytraders
subject to restrictions requiring account balances in excess of $50,000.
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No
restrictions. Very low account balances. |
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