FxPro, a UK forex and CFD broker, yesterday announced that it has added four new spot indices to its trading product line-up as part of its on-going multi-asset expansion.
Alpari, an international forex broker with registered offices in Belize and Saint Vincent and the Grenadines, yesterday announced that it has cut the interest rates on forex account to 8%.
Saxo bank, a Danish bank specialized in providing online trading services, today announced that it will no longer act as a market on stock CFDs. Online forex broker GMO Click Securities, part of GMO Click Holdings plans to start offering from 30 November demo trading on FX Neo, an over-the-counter forex trading platform, online financial media LeapRate reported on Tuesday, quoting official company data. Limassol-based forex broker RoboForex has decided to stop supporting the Currenex Viking Trader forex trading platform and Viking ECN-Pro NDD accounts, starting 30 November, 2015, finance online media LeapRate reported, quoting data from the broker.
Unlike the traditional, old-fashioned futures trading, you don't target the absolute price of the instruments but instead aim at the relative pricing. By the way, futures spread trading has a set of advantages over the well-known futures trading. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it.
Amid those is the fact that the bought contract is (to a certain degree) hedged by the sold one – that is, the futures spread trading is considered as less risky than the usual futures trading.
Saxo Bank also offers professional portfolio and fund management as well as traditional banking services through Saxo Privatbank. Founded in 1992, the Saxo Bank Group is headquartered in Copenhagen with local offices throughout Europe, Asia, Middle East, Latin America and Australia.
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