(2 votes, average: 3.5 out of 5, rated)
The FX Solution was founded by two foreign veterans through their realization that the Internet can be a great mean for trading. In 2003, the company started their live GTS (Global Trading System) trading. They are known as a member of Forex Dealer by the Commodity and Futures Trading Commission (CFTC), as well as the National Future Association member.
The brokerage office has their complete contact details available in their website from contact phone numbers, e-mail, and office addresses. However, it is not clear if there are other offices that exist in other parts of the world.
The FX Solution is ensured of fixed spreads, execution of warrants at the market without execution slipping.
They are in partnership with City Index Group and Francisco Partners.
Individual Account, Joint Account, Business Account, Trust Account, IRA Account, Additional Account, and Managed Account are the offers of the company for client’s investment.
The lowest initial deposit is US $250. With 50:1 to 400:1 leverages that are adjustable depending on the investments.
Trading is done for 20 different currency pairs in the FX Solution offer.
The FX Solution of the Global Trading System used in the FX Trading was formed and based on the knowledge of foreign exchange trading and exchange marketplace. The spot foreign exchange has been provided with the standard of professionals as well as the advantages on the demands from inter bank traders.
A minimum lot size of 1000 is offered with a very low initial deposit of USD250 only. The trading operation is done in 3 Tier systems of investment’s daily premiums where the degree of leverage will be dependent on what the client chose. Tier 1 is the 50:1 or less, which are based on the interest rate differentials to the market of inter bank cash and that rates reflected closely to the un-leveraged and institutional-type participation in the market. Tier 2 has the 100:1, based also on those available in the market with added spread that takes the higher leverage degree into the account chosen by the client. And the Tier 3 that is 200:1 or higher that is designed to include a cost capital of the position maintenance based on the leverage.
The platform for trading in FX Solution is the GTS or Global Trading System that helps clients by providing spreads that are fixed and effective with real- reflection of FX interbank market. It also provides the automatic handling of accounts without human intervention of more or less 99.4% of investments under FX Solution. There are six different leverages available and multiple order types. And the five stops and limits for selling and orders in the market. As well as, single passwords for all the systems under the FX Solution, marketing can be done anytime and anywhere with GTS Pro, GTS Web and Acc Charts 7.0 for users.
The website for the online broker is clear of many ads that makes the surfing and educational purpose on trading effective.
Only essential parts of the company’s introduction to its business and its client’s needs are integrated in the website.
Here is FX Solution homepage
Please share your experience using FX Solutions by leaving a comment at the bottom of this page
Spreads are large and low on execution, but they ring a lot of nice bells on hedging, alarms, trailing stops and the stuff.
dixie's rating:Responds are quick and swaps are fine.I guess they are up there with oanda.com
lewis's rating: