General Information |
Brokerage name: Online Forex Trading
|
Minimum account size: $2000-$3000
|
Base commission rates: < $4
|
Brief explanation of margin rates, if applicable:
Commission free trading
|
This brokerage has been in business for: 2-5 years
|
Primary type of broker: N/A
|
Brief description of services offered:
Online Forex Trading
|
|
|
Account Information
|
Types of trading accounts offered:
|
Customers online account information is updated: Up to the minute
|
Types of trades offerered:
|
Other trade types: Forex Trading
|
Types of quotes offered to customers:
|
Execution methods offered:
Electronic direct access trading(SOES, SNET and the ISLD ECN)
|
|
Exchanges covered:
|
Setup or initial costs to set up an account: 0
|
|
|
Features
|
Types of services offered to customers:
Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
|
Head line news
|
Wireless (quotes, alerts, execution, etc.)
|
|
Ways customers can access their trading account:
|
Allow stop, limit, and stop limit orders? Yes
|
Charge extra for stop, limit, and stop limit orders: No
|
Offer 24 hour customer support: Yes
|
Offer tax planning advice: No
|
|
|
Additional Comments
|
Special features included in the service are:
N/A
|
This broker's service is better than the competition in these areas:
Superior online order entry platform: DealBook FX which includes real-time charting and analysis.
|
Types of security precautions taken for customers:
N/A
|
Communications during systems failures has been assured through:
24 hour dealing desk available via telephone or online software.
|
The major plans for upgrading the current level of trading service are as follows:
N/A
|