Tuesday, May 17, 2011

tighter spreads

tighter spreads As it is CMS Forex’s policy to offer only fixed spreads, in effect traders will experience a 33% reduction in transaction costs when trading the EUR/USD and USD/JPY. In contrast to variable spreads which may widen during volatile market conditions, CMS Forex’s tighter fixed spreads provide consistent and predictable transaction costs for our traders.


In addition to lowering spreads on twelve of its currency pairs offered, the New York based Forex broker is offering six new currency pairs that include three new currencies, the South African Rand (ZAR), the Hong Kong Dollar (HKD), and the Singapore Dollar (SGD). The new pairs are ZAR/JPY, USD/ZAR, AUD/NZD, USD/HKD, GBP/AUD, and USD/SGD. In the past, these regional currency pairs were reserved for the institutional segment of Forex traders; now, these currencies are made available to all of CMS Forex’s clients. These new pairs present a wider global reach, providing customers with opportunities to trade in emerging markets.

Lastly, CMS Forex has recently instituted a policy where trades up to one standard lot are executed automatically, increasing the speed with which you can enter and exit the market.
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