TradeStation Forex Division Announces Trading in Minor Foreign Currency Pairs
PLANTATION, Fla., Aug. 21, 2013 (GLOBE NEWSWIRE) -- TradeStation, a Monex
Group company (TSE: 8698), today announced that IBFX, Inc. and IBFX Australia
Pty Ltd, its two major forex subsidiaries, are expanding their product
offerings with the addition of several minor currency pairs to the pairs
currently offered for trading.
The expanded product offering will be available in the coming months to
TradeStation Forex division customers. For U.S. clients, the minor currency
pairs will be available to trade at 20:1 leverage; for Australian clients,
most of the pairs will be available to trade at the individual account
holder's leverage setting.
"Forex minor pairs can be attractive for traders who want to explore new
trading ideas, spread their risk and diversify their portfolios," said Gary
Weiss, President and COO of IBFX, Inc. "For example, they may trade an 'exotic
pair' that matches one major currency with the currency of an emerging
economy, such as Mexico, Hong Kong or South Africa. Trading minor currencies
may also enable traders to take advantage of broader economic variables
affecting emerging economies, such as prevailing interest rate differentials
or trends in capital flowing into or out of the country."
To speak with an account executive about TradeStation or to open an equities
and/or futures account with TradeStation, call 1-800-808-9336, or visit
https://www.tradestation.com. Institutional traders should call
1-800-579-7616. To speak with an account executive about opening a forex
account, call 1-800-497-8712 or visit http://www.ibfx.com/ or
www.tradestation.com/products/forex for more information.
For more information about IBFX Australia Pty Ltd or to open an account, call
1-800-839-404 or visit our website at http://www.ibfx.com.au.
To receive updates and learn about future events, please visit the
TradeStation Facebook Page.
About IBFX Australia Pty Ltd
IBFX Australia Pty Ltd is registered with ASIC and provides forex brokerage
services outside of the United States. The company's technology subsidiary,
TradeStation Technologies, Inc., develops and offers strategy trading software
tools and subscription services. TradeStation Europe Limited, an
FCA-authorized brokerage firm, introduces UK and other European accounts to
TradeStation Securities, Inc., IBFX, Inc. and IBFX Australia Pty Ltd.
Forex trading is one of the riskiest forms of investment available in the
financial markets and is suitable for sophisticated individuals and
institutions. The possibility exists that you could sustain a substantial loss
of funds and therefore you should not invest money that you cannot afford to
TradeStation is an award-winning online brokerage firm and trading platform.
In the March 2013 Barron's magazine review of 24 online brokers, TradeStation
was ranked Best for Frequent Traders and Best Trading Experience and
Technology, and received the highest star rating for International Traders. In
the February 2013 Technical Analysis of Stocks & Commodities magazine annual
Readers' Choice Awards, TradeStation was voted Best Trading System – Stocks,
Best Trading System – Futures, Best Institutional Platform, Best Professional
Platform, Best Online Analytical Platform and Best Real-Time Data. In the
January 2013 Investor's Business Daily Best Online Brokers Report, a major new
annual survey of active investors conducted by Investor's Business Daily,
TradeStation was ranked among the top five online brokers for Overall Customer
Experience, as well as best for Equity Trading Tools and among the top five in
three other key categories. For more details, visit our Awards page.
TradeStation Group, Inc., through its principal operating subsidiaries,
TradeStation Securities, Inc. and IBFX, Inc., offers analytical and trading
platforms to the active trader and certain institutional trader markets. The
TradeStation platform offers electronic order execution and enables clients to
design, test, optimize, monitor and automate their own custom equities,
options, futures and forex trading strategies. TradeStation Group is a wholly
owned subsidiary of Monex Group, one of the largest online financial services
providers in Japan.
TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, NSCC, DTC, OCC & NFA)
is a licensed securities broker-dealer and a registered futures commission
merchant, and also a member of the Boston Options Exchange, Chicago Board
Options Exchange, Chicago Stock Exchange, International Securities Exchange
and NASDAQ OMX. Its TradeStation Prime Services division, based in New York,
seeks to provide prime brokerage services, including securities lending, to
small and mid-sized hedge funds and other firms. IBFX, Inc. (Member NFA) is a
Retail Foreign Exchange Dealer (RFED) that provides forex brokerage services
directly and through its TradeStation Forex division. TradeStation Group
Inc.'s technology subsidiary, TradeStation Technologies, Inc., develops and
offers strategy trading software tools and subscription services. TradeStation
Europe Limited, an FSA-authorized brokerage firm, introduces UK and other
European accounts to TradeStation Securities, Inc., IBFX, Inc. and IBFX
Australia Pty Ltd.
CONTACT: Media Contact:
TradeStation Group, Inc. Logo
Press spacebar to pause and continue. Press esc to stop.