CURRENCY TRADING
The foreign exchange market is unique because of:
- Its tradIng volume
- Its extreme liquidIty
- the large number and variety of traders In the market
- Its geographical dispersion
- Its long trading hours
Forex Trading
Forex, or Foreign Exchange, is by far the largest market in the world in terms of cash value traded, with total global average daily volumes exceeding US $ 3 trillion as of 2007. Unlike domestic stock markets, forex currency trading is open for trade 24 hours every working day.
Until fairly recently, only the largest banks and institutions were able to take advantage of the many benefits offered by the forex market, including unrivalled liquidity and potential for profit on rising as well as falling markets.
Because foreign exchange is an online market where dealers negotiate directly with one another, transactions are typically conducted in a matter of seconds. Given the wide variety of factors that affect exchange rates, traders rely on fundamental as well as technical analysis to be able to balance the inherent risks of the market against the potential rewards.
Lon-Ist's highly professional forex trading service opens up the exciting world of currency trading to investors who wish to diversify their portfolio outside of traditional stocks and bonds.
Product Outline
Currencies: USD, GBP, EUR and all other major currencies (single accounts)
Minimum Investment: US $ 20,000 or equivalent, or ($10,000 with completed profile questionnaire)
Charges: $40 per round trade ($1000 or currency equivalent)
Access to monies: 100%
Withdrawals: Monies can be linked to an ATM card for withdrawals by request after 3 months trading and a minimum account balance of $25,000.
Statements: Monthly
Risk Level can be upto 1 traded turn for every $10,000 held in account at the start of the month, upto a maxmimum of 10 *.
Accounts are frozen if balance falls to $5,000. |
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