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forex trading strategyTRADEFREEDOM Securities Launches Forex Trading to Online Investors Via TradeFreedomF/X MONTREAL -- TradeFreedom Securities Inc. today announced the launch of TradeFreedomF/X, a new online service that provides foreign exchange trading for retail investors. With the introduction of forex trading to complement their suite of equities, options and futures products, TradeFreedom continues to strengthen its position as a leading online broker addressing the needs of active traders and investors. "We have seen increasing demand from our active investors that are looking for access to the Forex market as an alternative asset class, or as part of a hedging or speculative strategy," says Bruce Seago, President of TradeFreedom Securities Inc. "They are attracted by the Forex market's superior liquidity, commission free transactions and 24-hour access. To meet this demand, we are providing a powerful trading platform and access to competitive inter-bank prices." Foreign Exchange (forex or fx) trading is the simultaneous buying of one currency and selling of another one. The Forex market is the largest and most liquid in the world, with daily volumes exceeding $2 trillion that represents over 30 times the dollar volume of all U.S. securities markets combined.The Forex market has no physical location or central exchange - it is an over-the-counter market operating 24 hours a day through an electronic network. Self-directed retail investors have finally gained access to the previously closed world of foreign exchange trading through advances in technology. TradeFreedomF/X highlights: - Commission Free Spot Forex Trading - Tight Bid/Ask spreads (as low as 2-3 pips) - Instant order execution and confirmation on live real-time tradable prices - Trading on 120+ Forex currency crosses - more than any other online broker - Low Margin Rates - Free direct access Forex trading platform including real-time streaming data and charts - Access to free Dow Jones News, Analysis and Global Research from RBC Capital Markets, Barclays Bank and Commonwealth Bank In addition, TradeFreedom provides an extensive array of training resources and information in order to help retail investors better understand foreign exchange trading. Clients can try this new service with a demo account by registering on TradeFreedom's web site and can get started trading with as little as $500 for mini accounts and $2,000 for regular accounts. As a member of the Investment Dealers Association (IDA), all client accounts for forex trading are held with TradeFreedom in Canada and are protected by the Canadian Investor Protection Fund (CIPF). Self-directed investors can learn more about the advantages of trading Forex with TradeFreedom by visiting http://www.tradefreedom.com/en/tradingplatforms/tradefreefx.asp About TradeFreedom Securities Inc. TradeFreedom Securities Inc. (www.tradefreedom.com) is Canada's premier online broker for active traders and investors. Since 1999, we have been providing sophisticated online brokerage services and education, including instant direct access to equities, options, futures, and forex through better technology at a better price. TradeFreedom Securities Inc. is a member of the Investment Dealers Association (IDA) and Member CIPF. COPYRIGHT 2006 Business Wire |
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