Wall Street Brokers

Naming an enterprise after a venerable financial institution like Wall Street takes a certain amount of confidence and might even confuse the search engines. Wall Street Brokers appears to have that kind of confidence, regardless of the risk. The company describes itself as a “pioneer securities and commodities trading firm, offering retail traders, corporations, money managers and hedge funds the gateway to complete e-commerce and online trading services”.

The contact information the company provides points one to Wilmington DE 19810, USA. That covers Wall Street Brokers in geographical terms, but the website doesn’t provide much in the way of the history of Wall Street Brokers.

Wall Street Brokers describes its services as including:
- Tight Spreads
- Variety of Products
- Hedging Capability
- Low Margin Requirements
- No SWAP or Hidden Fees
- Superior Trading Software
- No Dealing Desk
- Multi-lingual Support
- Partnership Programs

As with many other such firms the platform offered for download is MetaTrader 4, a good, solid choice. Support options other than live chat are unclear.

The Wall Street Brokers website itself appears to have kept some Flash programmers busy for quite a while, but retains a good bit of focus nonetheless. The focus is on trading Forex and the product offered is comprised of three different account types designed to facilitate currency trading. They are a Standard account with a minimum deposit of $2,000, a leverage of up to 1:400, and a minimum lot size 0.1. A Mini account features a minimum deposit of $500, a leverage of up to 1:400, and a minimum lot size 0.1. A Micro account includes a minimum deposit of $10, a leverage of up to 1:500, and a minimum lot size 0.1.

Those new to Forex can partake of a section devoted to education in Forex right on site. One can open a Demo Account for free practice in Forex trading as well.

TradeStation Securities

The company TradeStation Securities, Inc. is located in Plantation Florida USA, near Fort Lauderdale.

TradeStation Securities, Inc is self-described as a leader in rule-based securities. It stands ready to make its clients into more successful traders through the use of its educational services and software products.

The company also offers assistance that allows traders to execute trades based on their own trading rules, or place trades manually using TradeStation Securities’ advanced order-entry tools. The assets so traded can include those found on the Futures, Forex, Equities and Options Markets. Trades can be placed using automated or manual entry methods.

TradeStation Securities, Inc operates as a direct access brokerage. That means it provides access to market exchanges in the US, and exchanges in Europe. TradeStation Securities, Inc clients are allowed to trade in their respective markets using a single interface provided by their TradeStation platform. Account types include individual, tenant in common, many IRA options for US residents, corporate accounts, partnership options and accounts for sole proprietorships.

In addition to the web-based TradeStation software the TradeStation Network delivers real-time and delayed index, equity and equity options, Forex, and futures and options data. Although the TradeStation software is web-based it functions on Windows based computers only.

Online support may be available in some form as 24/7. As evidenced by the website, however, a lost password necessitates contacting support Monday-Friday from 8:30 AM - 6:30 PM ET only.

The company does seem to offers informational services that encompass Wikis, forums and seminars. All support, education and training services and materials on the TradeStation Securities Web site are for informational purposes and to help customers learn more about how to use the power of TradeStation software and services and to help provide other customer support.

The TradeStation Securities, Inc. software is customizable and extensible by third parties as well.

FxCompany

FX stands for Forex, which stands for foreign exchange trading, which does describe at least one of the FxCompany’s reasons for being. FxCompany is owned by FxCompany Financial Group Ltd. Its activities comply with the legislation of Mauritius and are regulated by FSC (Financial Services Commission) of Mauritius. FxCompany employs the services of over 100 representatives “all around the world”.

FxCompany also offers CFD (contract for difference) trading options to its customers. These include CFDs for stocks, futures, indices, metals and dividends. FxCompany also has “Moslem” Swap Free Accounts available.

The trading platform available for download is MetaTrader 4 in Terminal, Multi Terminal, Mobile, and Smartphone editions. The FxCompany also references upwards of 400 trading tools designed to assist its account holders. Spelling out the nature of at least some of those tools could prove helpful to potential customers seeking to make a decision.

A standard account offers spreads starting from 0.5 pips, leverage up to 1:500, multi-currency accounts in USD, EUR, etc. and a minimal deposit of 100 USD. FxCompany also offers a VIP account that features spreads starting at ZERO points, a free Pocket PC with MetaTrader 4 Mobile pre-installed, a Personal Account Manager and 5% interest to a client’s deposit.

The company also offers partnership options. The exact details of those sorts of agreements seem to be available through more direct contact with the company than the website can offer. That is probably best-pursued offline in any case.

Those new to trading can open a demo account with FxCompany. What marks that option as somewhat unique is the company’s practice of holding contests centered on demo trading that that reward the winners of such contests with real money.

Unlike many competitive firms the FxCompany website does not offer any educational material that relates to trading Forex or CFDs online. 24/7 On-Line Support is advertised in a banner on the main page with no other details of that support provided.

FXCH

FXCH is in reality the Foreign Exchange Clearing House. Traditionally financial clearinghouses settle financial transactions between two parties for a fee. FXCH’s services appear to reach beyond those basics into Forex and other types of financial trading.

FXCH registered as Foreign Exchange Clearing House in January 2004. The FXCH registration number is 9126, and it is authorized to deal in Spot Foreign Exchange market and derivatives (CFDs) of commodities. Foreign Exchange Clearing House is authorized to solicit clients and accept orders to buy or sell approved financial instruments as well as accept money or other assets from customers to support such orders. FXCH has a 15-year history in the Foreign Exchange market, which can serve to indicate that its client base was initially an institution one.

Today FXCH is one of the world’s largest dealers in Forex. It now offers commission-free foreign exchange and other trading services to novice and professional traders alike. You are able to open an account with FXCH in multiple currencies, and there are no trading restrictions. They are also well known for not trading against their clients. There are no negative balances when having an account with FXCH and they strive to make sure you never owe more than what you have in your account. Using FXCH as your Forex dealer, you can save 3 to 5 pips per transaction. FXCH uses a Meta4 and Meta5 platform which you are able to utilize free demos before you begin. The well organized website has information for all you need to know about Forex, online forex trading, the forex market, forex technical analysis, charting, and of course risks.

The proprietary FXCH Internet Real-time Trading System is described an informational, transactional dealing and client account management system that allows individuals and institutional clients to make online transactions on various tradable instruments such as currencies, stocks, indices and commodities. Trades are executed in real-time. Phone trading is also facilitated by the software. The platform is available in five languages: English, Spanish, Chinese, Farsi and Russian. Operating system limitations are not apparent or referenced. A complete demo system is also available. Support options available to all kinds of clients might be spelled out a little more clearly on the website itself.

FXCH puts a definite marketing emphasis on its Introducing Broker Program that allows individuals or firms to receive compensation for directing new clients to FXCH. Its “Trade with a Clearing House Not A Broker” slogan bespeaks a desire to command the top of the food chain.

This all things to all people approach is also evident in its variety of programming services  that specialize in database development, trading packages, financial analytical packages, financial browsers, and other real-time applications.

FX Online Japan

FX Online Japan prominently presents the English-speaker a potential hurdle right on the landing page of its website. It states:

Please note: This site contains abridged content aimed at giving you a brief overview of our products and helping you to open an account. For further information and to view the full range of content available please view our Japanese-language site.

Although this reviewer happens to have an English- and Japanese-speaking cousin who has lived and worked in Japan as a translator for a number of years, not everyone is so equipped. Regardless he was not available to assist in this review.

In any case FXOnline and IG Markets are part of IG Group, which has several operating companies offering a variety of speculative products to a retail and professional client base. Aside from the corporate affiliation, that describes many other companies offering Forex trading services online as well.

The company has been in operation since 2002. It has more than 800 employees, including a HQ in London and offices in Tokyo, Singapore, Chicago, Melbourne, Madrid, Paris, Dusseldorf, Milan, Stockholm and Luxembourg. An experienced executive team appears to have been drawn from around the world. FX Online’s financial results, including assets of 998 UK pounds (and no debt) are cited in its profile.

FX Online offers its clients the use of the Pure Deal trading platform, which is web browser based. The Platform is advertised as featuring “Price Improvement” technology that can offer better prices than the one’s requested by a trader. The platform also offers mobile trading and iPhone trading.

The range of markets accessed by FX Online extends to Forex, Stock Indices, CFDs, Energies and Metals, Binary Options, as well as Rates and Bonds.

Demo accounts, education in the nature of CFDs and a video tour of the platform are also available to visitors to this website. That is quite a lot of content considering the warning at the top of the landing page. Support options are not really addressed at this location. Account sign up is available.

Latitude FX

Latitude FX is a company whose essence is borne out in this line "By traders for traders".  That is a powerful statement and immediately evokes a feeling of confidence. This company, being formed by traders, is best equipped to understand other traders' needs.

The company's website with its cool color scheme of white, blue and gray, is clean and crisp, and enables one to gather as much information as required on which to base various decisions such as at what level to trade and what makes Latitude FX stand out as against other companies.

The trading platform for technical analysis is Metatrader 4, which can be downloaded to one’s computer, and then it runs as a standalone application. LFX Trader is used for charting. A comparison between the two is provided.

These are the advantages of dealing with Latitude FX:
-It is formed by traders so it understands traders' needs
-Excellent support
-No maximum position size
-High level of integrity and transparency
-Superior trading platforms
-It gives customers the freedom to trade at their best.

There are many sections which provide a wellspring of information in the areas of tools, free web seminars, demo trading, how to open an account, foreign exchange transfers, live quotes, current events, and much more.

Latitude FX aims at making money with their clients not from their clients.  There is surely lots on this website that would inspire choosing this company.

Speed Trader

Speed trader is an online broker that sets up dedicated traders with whatever they need for equities, options and futures trading. The beauty of this company lies in its goal of covering all its customers' needs.

The Speed trader website gives the impression of freshness with its deep green background, and the splashes of color towards the center of the home page add a touch of excitement. It highlights pretty accurately the advantages of dealing with Speed trader. Some of these are as follows:

-Customizable trading platform (DAS Trader Pro)
-Over 35 direct access trading connections
-Flexible pricing
-Free check writing
-Great service
-Speed
-State of the art technology
-Trailing stops
-Wireless mobile trading
-Free trading simulator
-Current alerts and news
-Black Box API

Speed trader aims at giving its customers the total experience and taking care of all their needs so they don’t have to shop around.  It provides intelligent order routing, watch lists, charts, alerts and more.

The Speed trader website offers all the information one would require to get a fair idea of what the company is about and then to decide whether to choose Speed trader from among the many options out there.  Right on the home page, a strong case is made in favor of this company. There are lots more to read about the products and services offered, how to get started, and an education section as well.  A good website for sure!