The main advantage of the forex market is that there is no bear market. Currencies are traded in pairs, for example Dollar/Yen or Dollar/Swiss Franc. Every position involves the selling of one currency and the buying of another. If the trader believes the Swiss Franc will appreciate against the Dollar, he or she can sell Dollars and buy Swiss Francs. Or if the trader believes the opposite will occur, then he or she can buy Dollars for Swiss Francs. The potential for trading exists in all market conditions. One of the sides of the pair is constantly gaining, and providing that the investor picks the right side at the right time, trading opportunities can occur.

Other benefits include:

• The four major currency pairs always have buyers and sellers.
• High liquidity and 24 hour trading allow market participants to exit or take a new position regardless of the hour.
• Leverage. *
• Open 24 hours
• Liquidity. Easy to buy and easy to sell.
• Two-Way Market. Trade the market up or down.
• Information is readily available
• Trading in the four major currency pairs plus the main Euro crosses.
• 3 to 5 point spreads on major currency pairs. (These spreads may vary depending on market conditions).
• 24-hour trading via telephone or internet.
• Free real time quotes, charts and news 24-hours a day five days a week.
• Rapid execution of orders over the phone or internet with no extra charges for phone trading.
• No charges for stop or limit orders.
• No commissions. **
• Margin requirements 0.5% - 1.0%.
• US$2,000.00 minimum account balance.
• Trading tips and strategies to guide your decision-making.

*   Without proper risk management, a high degree of leverage can lead to large losses as well as gains.
** The FCM and IB are compensated for their services through the spread between the bid/ask prices

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