Forex Trading: No Longer Just For Professionals

  • 15 years ago
http://www.automatedforextradingonline.com
And wealth management firms have also grasped that playing the currency markets can save their clients money and add an additional slice of returns. And the trend is also proof that enthusiasm for alternative assets has further to run.

Last week, Barclays Stockbrokers, part of Barclays Wealth, the UKs biggest wealth management business, launched an online spot-trading platform, a service that is open to retail investors for stakes of only 1,000, giving them leveraged exposure of up to 100 times. A clients exposure is protected: when exposure reaches 90 times the stake, a trade is automatically closed out, guarding against the risk of a severe loss.

Although Barclays says it is breaking fresh ground because of the range of currency rates that investors can trade on its platform -- 19 rates -- other firms also offer spot-trading accounts for private investors staking a few thousand pounds.

For example, GFT Global Markets UK, which is part of the US-based financial services company Global Futures

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