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.
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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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daytraders subject to restrictions requiring account balances in
excess of $50,000. |
No
restrictions. Very low account balances. |
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