Thursday, March 8, 2007

Foreign Exchange (Forex)

Foreign Exchange (Forex) is the arena where a nation's currency is exchanged for that of another. The foreign exchange market is the largest financial market in the world, with the equivalent of over 1.5 trillion USD changing hands daily, more than three times the aggregate amount of the US Equity and Treasury markets combined. Unlike other financial markets, the Forex market has no physical location and no central exchange. It operates through a global network of banks, corporations and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one zone to another in all the major financial centers.
On the foreign exchange market you can trade main and exotic currency pairs and crosses quickly and easily, from your home or your office. This can be done through our software platform Delta Trading.
First launched in 2001, Delta Trading® is continuously being enhanced by Delta Stock’s own developers who work to add further features and improvements to the trading platform to ensure Delta Trading® remains the premier online trading software.
We are offering both individual and institutional customers instant "click and deal" trades on live deal-able quotes.
The FX trade is based on a margin that allows you to open positions as large as 200 times the initial amount. You can earn interest on a strong currency position even if the market is not moving.
At Delta Stock we don't charge our customers commission on any Forex trade, regardless of size.
We are trying to be as helpful to our customers as possible. That is why we are constantly improving and enriching our services. At this stage our customers can execute directly from streaming prices through our platform, which is fast, reliable, stable, easy to use, secure and contains powerful functions. Even in the most demanding trading environments, orders are executed and confirmed within seconds. Real-time tables and real-time interactive charting are both flexible and customizable; they include a transparency feature that allows the customers to work with other applications and still monitor his/her trading activities. Our platform is proprietary software that has been created in-house by Delta Stock's information technology department. We enjoy a unique ability to continually develop it to meet the evolving needs of our customers. All trading activity is tracked onscreen in real time, including current open positions, real-time profit and loss, margin availability, account balances, and all historical transaction details. Our friendly and knowledgeable staff is available 24-hours a day to assist customers with any questions. Our customers can trade currency via our online dealing room and also by telephone in English, 24 hours during working days. You can chat with our dealers round the clock.
The Map function allows Forex traders to switch between important information and workspaces that can be customized to individual trading techniques. Build a workspace for a specific chart or currency pair, and then switch back and forth with just one mouse move.
Types of Orders: Market Order - This order tells the dealing desk that you want to enter the market at its current price. Stop Order - This order is used to tell the dealing desk that when the market moves to a certain price, you want this order to be filled. Stop orders can be used in two ways: 1) to get out of a losing position(s); 2) to enter the market along with the trend. Limit Order - This order is also used to tell the dealing desk when the market moves to a certain price that you want this order to be filled. Limit orders can also be used in two ways: 1) to lock in the profits of an open position(s); 2) to enter the market against the prevailing trend. OCO Order - Stands for "One Cancels the Other"; this order includes both a stop and limit order. When either the stop or the limit order is filled, the other half of the OCO order is canceled. This order is mostly used to protect open positions and to prevent unwanted positions from being opened.
You can access Delta Trading wherever you go, whenever you want through: The electronic platform installed on any computer The Web based version - Delta Trading Web The system for trade via a cellular phone - Delta Trading WAP
Through Delta Trading you can place market, limit, stop and OCO (one cancels the other) orders. We also provide you with the unique option of placing conditional orders linked to other conditional orders. This way you can build “logical trees” and follow complex strategies without being in front of the monitor every minute of the day.
We recommend all our future customers to register for free with the demo version of Delta Trading before they start trading with real money.

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