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 $ 7 trillion as of 2008. 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 turn on the fund which will be shown on the accounts as the
percentage of total fees charged to the fund and allocated to accounts according to the account balance
at the start of the month.
- 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 On 15th of the following month
If the balance of the account falls below $10,000, it will not enter the following months trading period.
If the account balance falls below $5,000, the account will be closed in immediate action and remaining funds will be transferred to account holder. |
