iFOREX Adds Oil to its list of Tradable Commodities

ROAD TOWN, Tortola - Thursday, February 9th 2012 [ME NewsWire]

(BUSINESS WIRE)--Leading currency trading company, iFOREX, has recently expanded its services, giving all Forex trading accounts direct access to oil CFDs. Targeting an audience that has little or no experience with commodity trading, iFOREX is attempting to extend its variety of tradable assets by allowing its clients to trade commodities in high demand, such as oil. iFOREX provides services in different languages, such as Arabic which can also be found at http://www.iforex.ae

With the demand of oil contracts constantly growing, there has been a common trend among traders to take a part in trading this commodity as its prices are easy to follow on the news. Active traders have also shown a keen interest in this product as it adds diversity to their tradable financial products, apart from the Foreign Exchange market.

The addition of oil to the catalog of CFDs offered by iFOREX has been a significant event for iFOREX, especially as the global demand for oil continues to rise. The price of oil has recently hit an astonishing high of $111 per barrel in January of 2012. One of iFOREX's marketing managers commented on the launch, stating that the addition will give iFOREX's traders the ability to diverse their portfolios and benefit from the constant movements in the commodity market.”

Similar to its other tradable products, iFOREX will continue to ensure the highest level of customer support with their cutting edge services for all types of traders, including those seeking only to trade oil. For more details and information regarding oil contracts, visit www.iFOREX.com. For Forex news coverage or updates regarding oil price movements including market analysis, enter http://traderbase.iforex.com

* Territorial restrictions may apply. iFOREX does not offer its services in the BVI

The English-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the English-language text, which is the only version of the text intended to have legal effect.

Contacts

iFOREX Group

Nathan Phillips

Public Relations

pr@iforex.com