Friday, October 23, 2009

Forex Trading Features




Full leverage on funds Enabling 100% use of funds for leverage, no extra collateral
Leverage ratio 1:50, 1:100, 1:200; plus special tailor-made leverage ratios
Mini and various scope accounts; Special terms accounts Yes
Minimum Initial Deposit US$200.-
Minimum Transaction Size US$2,500.-
Non-currency Forex products Gold; Silver; Oil (not in the USA)
Quotes on wide selection of currencies All main currencies
Spreads from 2 pips (see Accounts & Spreads)
Upload account on-line Yes


Licenses

Australia ASIC AFSL 246566
EU CySEC 079/07
USA CFTC registered; NFA member 0358754


Commissions and charges

Commission free trading? Yes - no commissions
Commission free deposits and withdrawals? Yes - no fees
Islamic account terms Yes (no renewal fee)
Orthodox-Jewish account transaction permit Yes
Renewal procedures and (rolling) Fees 0.01%-0.03%


Unique Trading features

Maintenance margin Not required
Accepted Currencies for Deposits 12 currencies
Base account currencies EUR, USD, GBP, JPY, CHF, AUD, CAD, NZD, NOK, ILS, SGD, PLN
Forward points calculation Mid-rate: charge for interest rate spread may apply
Forwards Forex products Available - only in some regions
Limit in Stop-Loss orders (reserved rates for capture) Yes (enquire about limitations that may apply)
The Trade Controller™ The ultimate visual trading tool, clear picture of profit/loss scenarios
The Inside Viewer™ See popularity of currency pairs traded, deal direction, open deals structure
Freeze Rate Facility Yes (a few seconds to accept or dismiss a deal)
Regular Limit orders (reserved rates for capture) Yes, reserved for 2 weeks duration
Regular Limit orders (for Islamic accounts) Yes, reserved for 1 week duration (subject to change without notification)
Speedy Buy / Sell Yes, no delay
Stop Loss executed exactly on rate Yes (per the exact rate defined by trader)


Cooperation and Affiliation

Refer-a Friend payout Yes (not available in all regions)
IB (Introducing Broker) plan Yes (not available in all regions)
White Labeling Yes
Web-Affiliation program Yes; full online access by Affiliates
Web-Affiliation 2nd-tier program Yes; full online access by Affiliates


Portfolio Managers

Portfolio Manager (PoM) special interface Yes; including online monitoring for PoM's sub-accounts (not available in all regions)


Trading hours

Customer's access 24x7
Normal trading hours 06:00 Monday Sydney time until 17:00 Friday New York Time
Gold and Silver trading hours 01:00 – 17:30 GMT Monday - Friday
Trading outside normal trading hours Usually incurs higher spreads. Trading may be disabled at Easy Forex discretion. Trading is usually disabled on Sundays after 14:00 GMT
Easy-Forex® technical maintenance During Sundays when world market is not active


User's interface

24x7 Access Yes
Account controlling by user Full; real-time; direct; web-based (no need for download)
Customer Support via email, chat or phone
Customer Support Languages English; German; Arabic; Greek; Russian; Chinese; Spanish; French; Polish; Hebrew
Customization of User Interface Yes
Ease of Use very friendly
Exotic currencies Yes
Historical rate rolling No daily re-evaluation, but rather on original rate for the renewal duration
Immediate (real-time) reflection of deal in user's position Yes
No Slippage WYSIWYG (What You See Is What You Get)
Online Trading (independently, no need for Dealer) Yes
Registration form Easy; various languages
Start trading After registration and deposit (Credit-Card)
Total Transparency: phone contact with site personnel Yes
Trading site access 365 Days a Year Yes
Web interface (NO Software or Application Download) Yes
Website Languages English; German; Polish; Greek; Chinese; Spanish; Arabic; French; Hebrew


Supporting tools

Charts/Economic Info and indices/ Technical Analysis Yes
Demo Accounts One on one training available on request
Guided Video Tour Yes
Informational background Comprehensive Info Center
Live training Yes (phone)
Mobile Phone rates online Yes
Online Chat Yes
SMS services (mobile phone) Yes (in some regions)


Deposits and withdrawals

Commission on profit withdrawals No commission charged
Fund withdrawals to Credit-Card account Yes
Deposit facilities: Bank transfers Yes
Deposit facilities: Credit Card (American Express) Yes
Deposit facilities: Credit Card (MasterCard) Yes
Deposit facilities: Credit Card (Visa) Yes
Deposit facilities: PayPal Yes
Exchange procedure for deposit by accepted currency No commission or spread - convert at mid-rate to the base


Business partners and world coverage

Data sources Reuters;
International Network coverage Europe; Asia-Pacific; Middle-East, United States
Registered Company / headquarters Limassol, Cyprus
International Offices Chicago, Limassol, London, Manila, Melbourne, Palestine, Sydney, Tel Aviv
Credit card clearing Barclaycard


Data security and handling

Servers Worldwide distribution (Akamai); US farm; UK farm
Streamline data real-time updated
Transaction security VeriSign

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