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![]() Why Trade Forex?The foreign exchange is the world's largest financial market and has been available to traders since 1999. This exciting and relatively new global market offers opportunities which are unavailable in other categories, thus making it more appealing to traders of all levels and types.Why Forex is the Ideal Asset Class24-Hour MarketWith its around-the-clock availability, you are able to trade on your own schedule, 24 hours a day, during normal market hours whenever the markets are open (Sunday 4:00 PM to Friday 4:30 PM EST). Low Transaction Costs There are no commissions on forex trades. However, there is a commission on full service accounts, trading systems, and contractual agreements. Global Futures is compensated by bid/ask spreads. High Leverage Trade your forex account with up to 400:1 leverage, which is much higher than equities and futures trading allows.* Market Volume Helps Facilitate Price Stability The foreign exchange market is the most traded market in the world with an average turnover of $3.2 trillion per day. (Source: Bank for International Settlements, September 2007) *Leverage allows qualified traders to take a larger position than they would if they funded their trade in full and take advantage of market movements. FX Solutions offers leverage up to 400:1 with most Forex instruments. 400:1 leverage is only available on FX Sol UK and FX Sol AUS accounts; maximum leverage on FX Sol US accounts is 100:1. Global Futures asks that you consider the risks associated with increasing your leverage. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin and you may be required to deposit additional funds to cover a short margin position. Flexible leverage is available for self-traded accounts only and does not apply to managed accounts. |