LONDON, February 16, 2012 /PRNewswire/ --
Following the markets and organising your trading account can be a struggle for many traders in the US.
With the iPhone® forex trading App for the iPhone® and iPod® Touch, created by FX Solutions; traders are able to trade both part-time and full-time around their work and daily routine.
Here, we look closer at FX trading and explain how traders in the US can manage trades using an iPhone trading platform.
Forex Trading is one of the most widely traded markets in the world while all the major currencies trade against the US Dollar (USD).
As one of the largest and most liquid markets, the Foreign Exchange (often referred to as Forex, retail forex or simply FX) market is also one of the most accessible.
As explained in more detail below, trading 24-hours a day from Sunday evening until Friday night with FX Solutions; you can trade the opportunity as you see it.
Whether you're after short-term volatility or long-term price trend, you can trade FX based on international news or economic fundamentals.
Trade All Day, 5 Days a Week
The Forex market generally begins live trading Monday morning in Sydney and Auckland, then moves on to Tokyo and Singapore, London and finally New York.
Beginning trading at 14:15 Eastern Time Sunday, when the market opens in Australia and New Zealand; Tokyo begins trading at 19:00 Eastern Time, followed by London at 2:00 Eastern Time.
Finally, New York opens at 8:00 Eastern Time and closes at 17:00 Eastern Time.
The New York close is by convention the end of one trading day and the beginning of the next.
We believe Forex is the world's only true 24-hour market with banks and other institutions maintaining round the clock trading operations that respond to economic and political developments in real time.
With the GTS FX (US)™, available for both the iPhone and iPod touch, you can manage either your Live or Practice FX Solutions US GTS trading account - making it an essential tool for an array of traders.
Key features of the GTS FX (US)™ from FX Solutions include:
- Trading the FX markets
- Checking the latest prices and market movements instantly
- Opening and closing positions in FIFO order
- Setting stop and limit orders including If Done and OCO (one cancels other)
- Creating new and amending existing orders
- Viewing your open and pending orders
- Monitoring your positions using our unique positions chart
- Viewing and amending multiple Watch Lists
- Reviewing your trade and order history for completed and cancelled orders
Traders are able to fulfill all these tasks whilst being confident that all information and transactions are secure.
Forex trading can be a full time commitment making the GTS FX (US)™ platform for the iPhone and iPod touch from FX Solutions an invaluable tool for US traders.
Forex trading involves a substantial risk of loss and is not suitable for all investors. Mobile trading is subject to the Mobile Terms available at http://www.fxsolutions.com/support/regulation.aspx
Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc. App Store℠ is a service mark of Apple Inc.
About FX Solutions:
FX Solutions, LLC is a leading foreign exchange broker with a focus on advanced trading technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients institutional trading partners and introducing brokers in over 100 countries.
For more information, please visit http://www.fxsolutions.com/
SOURCE FX Solutions