Saturday, February 14, 2009

Trading Conditions

Spreads

GFX offers 2 to 3 pip spreads in major currencies.

Margin Requirements

All currency products can be traded on 0.5% margin (200:1 leverage).

Overnight charges

Open positions may have overnight charges applied daily at 5pm EST. The exact amount, in dollars per lot, can be viewed from your trading software as follows.

Commissions and Fees

Zero for all accounts and all products, unless agreed otherwise.

Trading Hours

24 hours for all products beginning Sunday night at 5pm EST and ending Friday afternoon 5pm EST.

Placing Orders

Trading is most efficiently conducted on GFX Global Trading Software. However, GFX also supports trading by telephone or online chat.

Tick values and lot sizes

Currencies are set at 100,000 units of the base currency per lot. Metals vary by product. Fractional lot trading is also possible (e.g., trade 0.1 lots for a transaction size of 10,000 units).
Posted by ashwin ravichandran 0 comments
Gold and Silver Trading
GFX offers a convenient and efficient means to trade precious metals online:


Margin requirements are less than 1% (over 100:1 leverage)


Zero commissions on all trades


Prices are good for instant fills on up to 50 lots of gold or silver.


Instant execution straight through to our liquidity provider, eliminating any delays or requotes.
Posted by ashwin ravichandran 0 comments
Forex Trading with GFX
Trade on 2 to 3 pip Spreads
GFX's low spreads improve net trading results, especially for active traders. GFX uses its economies of scale and efficient dealing practices to offer the lowest spreads in retail Forex.

Instant order execution. Orders placed on the GFX software are executed immediately online, up to 100 lots (10 million currency units) at a time. Traders can also place stops, trailing stops, or limits on open positions or have them pre-set on market orders.

Zero Commissions and Fees

GFX clients always trade with zero commissions and no transaction fees, unless agreed otherwise.

Powerful Trading Software

GFX "GlobalTrader" software sets new standards in online trading functionality, performance, and ease of use.

Fractional lot sizes.

Trading on GFX's software is not confined to only 1 lot increments. Clients can also trade .5 of a lot, 1.2 lot, or any other amount. Each Lot is equivalent to 100,000 currency units.

Real-time account and margin information.

Your account balance, usable margin, and value of open positions are displayed in the trading software in real-time.

Real-time Charts, News and Quotes.

GFX GlobalTrader software has charts, news, and quotes easily accessible from the menus.

Multiple Account Trading.

Trading managers and funds can trade multiple accounts from a single window. The GlobalTrader software allows a block order to be automatically split up among multiple customer accounts as specified by the trader.

"Mini" Trading Capability.

Set the number of Lots to "0.1" to trade a mini position with 1 pip equal to about $1. Margin requirements for these positions are $50.

Hedging capability.

Traders can open positions in the same currency in opposite directions, without the positions offsetting and without using additional margin.

Service and Support.

GFX clients have access to 24 hour technical support, as well as 24 hour trading by telephone or chat.

Lower Margin Requirements

Trade all currencies on 0.5% margin; equivalent to 200:1 leverage. Lower margin requirements mean more trading flexibility without getting a margin call.

Wide selection of products

Trade any of 49 major and exotic currency pairs, plus gold and silver. All products are commission-free with the same low margin requirements.

Limited Risk

GFX's clients can never lose more than their funds on deposit.

Security of funds

With GFX, your funds are secure and properly handled by a supervised broker with over CHF 10 million of capital. Client funds are segregated from GFX's own assets, thereby offering security of client funds.

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