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Monday, September 7, 2009

Easy Forex Review

By Paul Bryan

Easy Forex has been the brainchild of a team of investment bankers and Forex experts. Its main idea is to create a kind of Forex platform which is very user-friendly and is able to lead new traders in the right direction of trading. The Royal Bank of Scotland and the United Bank of Switzerland remain the chief liquidity providers of Easy Forex for which it holds a distinct place of being a market maker, in the Forex trading business. There are various centers of this market maker worldwide, but its headquarter is in Cyprus.

A proprietary software, it is designed to offer a no-download platform and perhaps the only one to do so. A great advantage of using this platform is that it is available in a number of languages and this one feature singles it out as one of the most popular platform among the Forex traders. The languages are Arabic, Chinese, German, Greek, Hebrew, and Polish and English the universal language.

Traders see Easy Forex as a simple and clear-cut platform to register with, and being free is an added advantage. One can deposit or withdraw money effortlessly using the major credit cards or Pay Pal, whichever is convenient. Just before the clients can deposit their funds it is mandatory to speak to the Easy Forex authorities over phone with regards to the bank account details and the customer ID to ensure the security of the customer as well as the providers.

Executing deals through easy Forex is a very simple process but a little know-how about the basic Forex terminologies on the part of the clients make the process easier involving less time. Certain guided tutorials are offered by Easy Forex to its clients in this regards. Such courses help new traders to develop a precise understanding of the Forex market business. The Easy Forex site also offers technical support 24x7 and clients are allowed access during normal working hours of the site. Traders featuring among the major clientele can avail special advanced training in the direction of efficient system use and Forex dealings.

Deals set with Easy Forex products are easily adjusted to the different market trends worldwide. Adjustments such as these are carried out under a section marked My Position wherein a trader get to monitor and control his deals. At Easy Forex every action is recorded and confirmed via emails and messages to the clients.

There are also certain additional activities in Easy Forex. There is a section called My Account to track down a clients balance maintaining a track of all credit card charges, deposits and withdrawals. Another section called the History shows the outcome of various closed deals.

Regular updates on Forex market moves from the Reuters is provided to all Easy Forex clients so that they can keep themselves well informed and remain a step ahead in the race. Updates are provided in the form of graphs and charts.

Easy Forex has ensured every trader that Forex trading can be a good business to resort to if given the proper guidance in the right perspective. They have also enabled people who want to take a dive into the Forex market with the best tools which can do wonders, making Forex trading highly profitable. - 23212

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