What is Forex Trading Online?

The foreign exchange market or currency market, known informally as Forex, is an over-the-counter trading instrument where one currency is traded for another. It is the most traded market in the world, with an average turnover of $3.2 trillion per day.
(Source: Bank for International Settlements, September 2007)

Simply put, Forex is the trading of currencies against one another. Each currency pair is traditionally noted XXX/YYY - for example, USD/JPY is the US Dollar paired with the Japanese Yen. Unlike stocks and futures exchanges, the Forex market operates 24 hours a day from Sunday 17:15 to Friday 16:30 Eastern Time (US). This allows traders to react to news when it breaks, rather than having to wait until the market is open.

Example of Foreign Currency Trading:

USD/JPY is trading at (sell/buy) 109.47/109.50 and you believe that the USD is trending downward. You may sell the pair at 109.47.

Opening Position:

Closing Position:

After two days the USD/JPY buy price decreases 100 pips to $108.47/108.50, at which point you decide to buy the currency pair back. If the buy price moves in the opposite direction, you will realize a gross loss.



Source - http://www.fxsol.co.uk/forex/what-is-forex.asp

Why Trade Forex Online?

Foreign exchange is the world's largest financial market. Available to retail traders since 1999, this exciting global market offers opportunities unavailable in other categories.

Unique Advantages not Found in Other Financial Markets

24-hour market

Trade on your own schedule, 24 hours a day, during normal market hours whenever the markets are open (Sunday 17:15 to Friday 16:30 Eastern Time (US)).

Low transaction costs

No commissions on trades. FX Solutions is compensated through a portion of the bid/ask spread.

High leverage

Up to 400:1 - much higher than equities and futures trading allows†

Market volume helps facilitate price stability

With an average turnover of $3.2 trillion per day, Forex is the most traded market in the world.

Source - http://www.fxsol.co.uk/forex/why-trade-forex.asp

Trade Forex with FX Solutions

FX Solutions was founded to provide individual foreign exchange traders with the same professional liquidity, execution, and trading functionality demanded by interbank traders. Our proprietary price discovery and risk management technologies offer individual traders liquidity, consistency, and execution stability in the fast-growing category of Forex.

Global Trading System (GTS)

Offers optimum flexibility and efficient execution

Cutting-edge technology

GTS features a multitude of trading tools using technology developed by foreign exchange veterans.

Comprehensive charting package

Includes more than 150 fully customizable visual indicators to help traders recognize potential trading opportunities

Price engine efficiency

Our proprietary price feed provides fixed spreads and consistently competitive pricing. Read more about our currency pairs and spreads.

Automated execution

More than 99.18% of our orders are automatically executed. † Read more about our automated execution.

Our support team is always available

Speak to an experienced professional 24 hours a day from Sunday 17:15 to Friday 16:30 Eastern Time (US).

Market News International news feed

Provides real-time information on global current events that can affect the Forex market.

Source - http://www.fxsol.co.uk/forex/why-choose-fx-solutions.asp

Forex Currency Pairs & Spreads

Currently, FX Solutions offers investors and traders 29 currency pairs. Below are the spreads that are offered to FX Solutions' customers during normal market conditions:

Forex Symbol	Currency Pairs	Spreads
AUD/CAD	Australian Dollar / Canadian Dollar	9 pips
AUD/CHF	Australian Dollar / Swiss Franc	10 pips
AUD/JPY	Australian Dollar / Japanese Yen	7 pips
AUD/NZD	Australian Dollar / New Zealand Dollar	20 pips
AUD/USD	Australian Dollar / U.S. Dollar	4 pips
CAD/CHF	Canadian Dollar / Swiss Franc	10 pips
CAD/JPY	Canadian Dollar / Japanese Yen	9 pips
CHF/JPY	Swiss Franc / Japanese Yen	8 pips
EUR/AUD	Euro / Australian Dollar	12 pips
EUR/GBP	Euro / British Pound	5 pips
EUR/CAD	Euro / Canadian Dollar	9 pips
EUR/JPY	Euro / Japanese Yen	4 pips
EUR/NZD	Euro / New Zealand Dollar	25 pips
EUR/CHF	Euro / Swiss Franc	5 pips
EUR/USD	Euro / U.S. Dollar	3 pips
GBP/AUD	British Pound / Australian Dollar	12 pips
GBP/CAD	British Pound / Canadian Dollar	15 pips
GBP/CHF	British Pound / Swiss Franc	12 pips
GBP/JPY	British Pound / Japanese Yen	9 pips
GBP/NZD	British Pound / New Zealand Dollar	30 pips
GBP/USD	British Pound / U.S. Dollar	5 pips
NZD/JPY	New Zealand Dollar / Japanese Yen	10 pips
NZD/USD	New Zealand Dollar / U.S. Dollar	7 pips
NZD/CAD	New Zealand Dollar / Canadian Dollar	20 pips
NZD/CHF	New Zealand Dollar / Swiss Franc	25 pips
USD/CAD	U.S. Dollar / Canadian Dollar	5 pips
USD/CHF	U.S. Dollar / Swiss Franc	4 pips
USD/HKD **	U.S. Dollar / Hong Kong Dollar	13 pips
USD/JPY	U.S. Dollar / Japanese Yen	3 pips

** Restricted Leverage

Source - http://www.fxsol.co.uk/forex/currency-pairs.asp

Foreign Exchange Spreads & Charges

FX Solutions strives to provide our clients with the utmost in transparency in order to maximize their foreign exchange (Forex) trading experience. To achieve this goal, we offer fixed tight spreads and competitive finance charges.

Spreads

FX Solutions provides competitive and consistent pricing through our proprietary price feed. A spread is calculated by taking the difference between the sell and buy price of the currency pair. For a complete list of our spreads by currency, please visit our Currency Pairs page.

Financing Charges:

Rollover or "cost-of-carry" is the daily debit or credit to a trading account with positions held open at 17:00 Eastern Time (US), based on the interest differential between the two currencies in the pair(s) being traded. Based on this automatic rollover, funds are subtracted (long or buy positions) or added (short or sell positions) accordingly to your accounts in respect to open positions. Please visit our Rollover and Interest Policy page for more details.

Source - http://www.fxsol.co.uk/forex/forex-spreads-charges.asp

What are CFDs?

A Contract for Difference (CFD) is an over-the-counter trading instrument that allows trading on markets such as indices and commodities without actually buying the underlying security, utilizing leverage in the spot market. FX Solutions offers 11 different CFDs for trading.

Simply put, a CFD is an agreement between two parties to settle, at the close of the contract, the difference between the opening and closing price, multiplied by the number of shares specified within the contract.

CFD example:

FX Solutions quotes the US SP 500 at 1270.7/1271.1 and you believe that the US SP 500 will rise. Below is an example of how your investment in CFD Indices might look:

Opening Position:

Closing Position:

After two days, the US SP 500 price rises to 1275.6, at which point you decide to sell the underlying contracts. If the sell price moves in the opposite direction you will realize a gross loss.



Source - http://www.fxsol.co.uk/cfd/what-are-cfds.asp

Why Trade CFDs Online?

CFDs have become an increasingly popular alternative instrument for speculating on the movements of indices or commodities. CFDs are a growing asset
class because they offer:

The ability to trade on the movement of financial markets around the globe

Trade global commodities like silver and gold easily or speculate on whole indices all from one FX Solutions account. This 24-hour a day instrument gives retail traders access to markets that would be otherwise unavailable to them. (Review our CFD markets page for more information.)

Limit your trading risk

Because CFDs trade on margin investors need a fraction of the total value of a position to trade. With the Global Trading System's (GTS) auto close-out feature your risk exposure is limited to the amount of capital invested. In the event the market turns and the position approaches a negative value, GTS' auto close-out will automatically close out the positions protecting you from achieving a negative balance.

The ability to long, short or hedge easily

Profit from a falling market as well as a rising market. With CFD trades, you can go long or short. If you believe that an asset’s price will fall, you can use CFDs to short (sell) it today, with the expectation that you can buy it back at a later date at a cheaper price. In some cases, the price of your trade may move against you, which will result in a loss.

Leverage

Leverage allows qualified traders to take a larger position than they would if they funded their trade in full. FX Solutions offers leverage up to 200:1 on a variety of CFDs †.

Low transaction costs

Trade commission-free. FX Solutions is compensated through a portion of the fixed bid/ask spread.

Flexible contract size

Trade the number of units that you choose. Unlike in other markets, CFD investors are not locked into predetermined contract sizes. Also, CFDs with FX Solutions allow investors to trade fractional units of the underlying indices or commodities.

Source - http://www.fxsol.co.uk/cfd/why-trade-cfds.asp

Trade CFDs with FX Solutions

FX Solutions is proud to have developed the Global Trading System (GTS), a trading platform that applies automated technologies to over-the-counter CFD trading. Our 24-hour customer service team, combined with our four-ways-to-trade GTS platform, ensures that you will be able to trade wherever and whenever you desire.

Tight spreads with no commission fee

FX Solutions seeks to ensure price certainty. Our proprietary price feed comes from a leading pricing engine and provides competitive and consistent pricing. FX Solutions is compensated through a portion of the bid / ask spread.

Risk management tools

FX Solutions' GTS Platform offers a range of risk management tools, including the ability to place multiple stops and limits as well as trailing stops to track and protect your profits. Our real-time margin calculator ensures that you always know how much margin you need to maintain your position.

Multiple markets within one platform

Trade both foreign exchange (Forex) and the movements of indices and commodities, all within the same GTS platform. FX Solutions' GTS platform allows you to trade anytime, anywhere by logging in with a single username and password.

Four ways to trade CFDs

FX Solutions provides a single platform with a single-minded value proposition: to provide all traders with the same professional standards and advantages demanded by professional interbank traders. Trade anytime, anywhere with GTS Web, GTS Pro, GTS Mobile and FX AccuCharts.

Source - http://www.fxsol.co.uk/cfd/trade-cfds-with-fx-solutions.asp

CFD Trading Global Markets

FX Solutions provides traders with a variety of global trading opportunities across multiple international markets.

Instrument	Underlying	Spread	Min Trade	Leverage	Trading Hours
UK 100	FTSE	4	1	200:1	24 hours *
Wall Street	Dow	6	1	200:1	24 hours *
US Tech 100	Nasdaq	4	1	200:1	24 hours *
France 40	CAC	4	1	50:1	Market Hours
Germany 30	DAX	4	1	200:1	24 hours *
Hong Kong 40	Hang Seng	30	1	50:1	Market Hours
US SP 500	S&P 500	0.6	1	200:1	24 hours *
EU Stocks 50	DJ Stoxx 50	4	1	50:1	Market Hours
Japan 225	Nikkei	30	100	200:1	Market hours
Gold	Gold	Variable	1	200:1	24 hours **
Silver	Silver	Variable	100	100:1	24 hours **

Spreads listed above are only available when the underlying market is open.

* Market is closed from 16:15 Eastern Time (US) to 16:30 Eastern Time (US)
** Market is closed from 17:15 Eastern Time (US) to 18:00 Eastern Time (US)

While we strive to display fixed price spreads at all times, there may be occasions, however rare, where a significant market or world event may force us to widen spreads without prior notice to our clients. See our Fast Market Policy for more information.

Source - http://www.fxsol.co.uk/cfd/cfd-markets.asp

CFD Trading Spreads & Charges

FX Solutions offers you a cost-effective, flexible way to trade across a global marketplace. With every instrument available through our GTS Platform, FX Solutions offers fixed tight spreads and highly competitive charges.

Spreads

Our proprietary price feed provides competitive and consistent pricing. The spread is the difference between the bid and offer (ask) price of an instrument. For a complete list of our spreads per instrument, please visit our CFD Markets page.

Dividend Adjustments

Index CFDs have no fixed expiry date, giving you the opportunity to close your position when you choose. While your positions remain open, Index CFDs will be subject to a dividend adjustment at the close of business on the day before an ex-dividend date.

Financing Charges

Rollover or overnight finance charges will be applied to CFD positions that are held open at 17:00 Eastern Time (US). If the trader is "short" on the position, it will be credited finance of LIBOR - 3%. Similarly, if the trader is "long" on the position, it will be debited a financing charge of LIBOR +3%.

Source - http://www.fxsol.co.uk/cfd/cfd-spreads-charges.asp

GTS - Forex Trading Platform

The design of FX Solutions' Global Trading System (GTS) is based on the company's deep knowledge of the foreign exchange (Forex) and CFD markets. FX Solutions prides itself on developing an automated platform that delivers the flexibility, professional standards and account management advantages which put you in control of your GTS trading account.

Trade Multiple Global Markets within One Platform

With a single username and password, trade Forex, indices and commodities all within GTS Web, GTS Pro, GTS Mobile or FX AccuCharts.

Fixed Spreads with No Commission Fee

Be confident that your trade will be executed at the price displayed. Our world-class proprietary price feed provides competitive prices on the underlying instruments.

While we strive to display fixed price spreads at all times, there may be occasions, however rare, where a significant market or world event may force us to widen spreads without prior notice to our clients.

Streaming Rates

Stay up-to-date and act quickly when the market moves, with real-time rates within GTS – 24 hours a day from Sunday 17:15 to Friday 16:30 Eastern Time (US).

Automatic Execution

Our automated market-making process technology offered through the Global Trading System (GTS) helps to eliminate human bias and error.

Leverage†

Leverage allows qualified traders to take a larger position than they would if they funded their trade in full; take advantage of market movements. FX Solutions offers leverage up to 200:1 on a variety of CFDs and up to 400:1 within the Forex instrument.

Multiple Order Types

Take advantage of our sophisticated order management tools, including entry stops, buy entry limits, sell entry stops and sell entry limits as well as market orders.

IntegratedRisk Management

Our wide range of advanced risk management tools allows you to place multiple stops and limits, as well as trailing stops, to track and protect your profits automatically. Login to GTS and use the real-time margin calculator to verify how much margin you need to maintain your position

Source - http://www.fxsol.co.uk/trading/platforms.asp

FX Solutions and MetaTrader 4: A Powerful Team.

Individual Forex traders can take advantage of the wide range of features on the MetaTrader 4 platform while simultaneously benefiting from FX Solutions’ competitive, real-time pricing technologies. Together, GTS and MetaTrader 4 provide traders with the consistent liquidity and order execution that is essential in today’s fast-paced trading environment.

MetaTrader 4 is a powerful and flexible way to manage Forex trades and strategies. The MetaTrader 4 platform provides a wide array of market analysis tools that can be used to gain insight into the patterns of the global markets.

Source- http://www.fxsol.co.uk/trading/metatrader.asp

Price engine efficiency

Automated Forex Execution

FX Solutions serves its clients through an automated market-making process in which orders are automatically executed. The technology advantage offered through FX Solutions' Global Trading System (GTS) helps to eliminate human bias and error.

• Automation equals efficiency

• The Global Trading System suite of platforms demonstrates the efficient use of trading technology, risk management, margin management, and account reports.

• Orders are automatically executed

• FX Solutions has virtually eliminated the traditional dealing desk. Less than one percent of all orders are handled through our dealing desk.

• Limited human intervention

• A 24/5 dealing desk is staffed to oversee pricing and internal risk management, manage exceptions and fast market conditions, and address special client needs.

Source - http://www.fxsol.co.uk/trading/automated-execution.asp

EBS Pricing Advantage in FX Solutions

In 2008 FX Solutions entered into an exclusive contract with ICAP, the owner of EBS. The award-winning EBS trading platform is the most widely used platform in the Interbank FX market and is regarded by many as the “FX exchange”. EBS provides access to spot FX and precious metals pricing for banks and non-bank professional trading organizations in 800 trading floors in 50 countries.

Through our exclusive relationship with ICAP, FX Solutions is the only broker with direct access to EBS servers and price feed.

Pricing from the other guys

Our competitors, the "other guys", receive their pricing from banks whose pricing originates with EBS. Once that pricing is received by those banks, it is manipulated to suit the banks risk exposure before displaying it to their clients – the "other guys". This process creates a latent price feed into their trading platform and potential missed opportunities for you, the trader.

Pricing from FX Solutions

The pricing displayed on GTS and MT4 comes directly from EBS, the market source. By trading with FX Solutions you have 24-hour access to unparalleled liquidity all in real-time without latency.

Confidence in the accuracy of our pricing from EBS, allows us to facilitate automated order execution. This means virtually no dealing desk Limited human intervention and exciting trading opportunities.

Source - http://www.fxsol.co.uk/trading/ebs-pricing-advantage.asp

CFD and Forex Trading Examples

Take advantage of market movements by trading Forex and CFDs. Trading Forex and/or CFDs enables you to have exposure to the price movements without taking physical ownership of the underlying security. Any difference in the price between the time you buy the underlying security and the time you sell is settled in cash. The difference is your profit or loss.

Trading Foreign Currency Example:

USD/JPY is trading at (sell/buy) 109.47/109.50. You believe that the USD is trending downward, so you will sell the pair at 109.47.

Opening Position:

Closing Position with a Profit:

After two days the USD/JPY buy price decreases 100 pips to 108.47/108.50 at which point you decide to buy the currency pair back.

Closing Position with a Loss:

If the buy price had moved in the opposite direction you would have realized a gross loss.

Trading Indices Example:

FX Solutions quotes the US SP 500 at 1270.5/1271.1 and you believe the US SP 500 will rise. Below is an example of how your investment in CFD Indices may look:

Opening Position:

Closing Position with a Profit:

After two days, the US SP 500 price rises to 1275.6 at which point you decide to sell the underlying contracts.

Closing Position with a Loss:

If the sell price had moved in the opposite direction you would have realized a gross loss.

Trading Commodities Example:

FX Solutions quotes gold at 829.60/830.10 and you believe that gold will rise. Below is an example of how your investment in CFD commodities may look:

Opening Position:

Closing Position with a Profit:

After two days, gold price rises to 835.70 at which point you decide to sell the underlying contracts.

Closing Position with a Loss:

If the sell price had moved in the opposite direction you would have realized a gross loss.



Source - http://www.fxsol.co.uk/learning-tools/trading-examples.asp