Saxo Bank Launches Retail FX Trading Platform ForexTrading.com With Low Variable Spreads
HELLERUP,
trading and investment specialist, today announced the launch of
ForexTrading.com which will offer retail investors a select range of FX
crosses and CFDs with variable spreads – as low as 0.8 pips. ForexTrading.com
provides investors with a range of basic functionalities designed to make
trading flexible and straightforward.
ForexTrading.com is powered by Saxo Bank, which is renowned for
aggregating liquidity from the world’s leading FX dealers. ForexTrading.com
gives traders the ability to trade in the world’s most liquid currency pairs
and global commodity CFDs at very competitive spreads.
“Saxo Bank will continue to cater for high-net-worth and institutional
traders who increasingly demand usability, mobility, performance, and service
when executing online trades and orders. At the same time, ForexTrading.com
will appeal to Forex and CFD traders who are price sensitive and do not
require a personal service, but still want the ability to utilise an
award-winning online trading platform.
“We believe the retail foreign exchange market will maintain its growth
trajectory for the next 10 to 15 years and we want to cater for
high-net-worth investors as well as high-frequency traders to who tight
spreads and deep liquidity are essential. There is no additional commission
on ForexTrading.com and we see ForexTrading.com as bringing new competition
to the smaller competitors, outside the tier-one banks, in the market focused
on foreign exchange.”
The minimum initial deposit when opening an account with ForexTrading.com
is
ForexTrading.com will only offer English support and service and
ForexTrading.com only supports retail trading accounts.
For more information: http://www.forextrading.com
About Saxo Bank
Saxo Bank is a leading online trading and investment specialist with a
worldwide client base. The three specialised and fully integrated trading
platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and
the SaxoMobileTrader application are available in over 20 languages. Saxo
Asset Management accommodates high-net worth private clients and
institutional investors. In 2010 Saxo Bank continued the diversification of
its business with acquisitions of Saxo-ETrade Bank, specialist in online
investment, and Brorup Sparekasse, a Danish savings bank. The Saxo Bank Group
is headquartered in
East
Media enquiries:
Claus Nielsen
Head of Markets
Phone +4539774027
Kasper Elbjorn
Head of Group PR
Phone +4539774300
Press@saxobank.com
SOURCE Saxo Bank