Transparent and Fixed Pricing Delivered to All FX Solutions’ Customers
SADDLE RIVER, N.J., Thursday, August 26th 2010 [ME NewsWire]:
(BUSINESS WIRE)-- FX Solutions, one of the world’s leading retail Forex brokers and market makers, has today announced an aggressive reduction of its currency pair spreads. The spread cuts are effective immediately. These cuts reaffirm the Company’s commitment to both listening to clients and providing them with the best possible trading experience, combined with the lowest effective spreads. FX Solutions remains the only Forex provider of fixed bid/ask spreads under ALL† market conditions, regardless of market volatility. With FX Solutions clients are guaranteed Price Spread Certainty.
Spreads have been lowered in some of the most popular pairs, such as the GBP/USD, EUR/GBP, and USD/CAD, by 20%, with other spreads cut by as much as 55%. A total of 20 pairs are being changed. The complete list of FX Solutions spread rates as follows:
FOREX SYMBOL
CURRENCY SPREADS
SPREADS
GBP/USD
British Pound / US Dollar
4 pips
EUR/GBP
Euro / British Pound
4 pips
USD/CAD
US Dollar / Canadian Dollar
4 pips
EUR/CHF
Euro / Swiss Franc
4 pips
NZD/USD
New Zealand Dollar / US Dollar
4 pips
CAD/JPY
Canadian Dollar / Japanese Yen
6 pips
GBP/JPY
British Pound / Japanese Yen
7 pips
NZD/JPY
New Zealand Dollar / Japanese Yen
7 pips
CAD/CHF
Canadian Dollar / Swiss Franc
7 pips
AUD/CAD
Australian Dollar / Canadian Dollar
8 pips
EUR/CAD
Euro / Canadian Dollar
8 pips
GBP/AUD
British Pound / Australian Dollar
9 pips
GBP/CHF
British Pound / Swiss Franc
9 pips
NZD/CAD
New Zealand Dollar / Canadian Dollar
9 pips
AUD/NZD
Australian Dollar/ New Zealand Dollar
10 pips
EUR/AUD
Euro / Australian Dollar
10 pips
GBP/CAD
British Pound / Canadian Dollar
10 pips
EUR/NZD
Euro / New Zealand Dollar
15 pips
NZD/CHF
New Zealand Dollar / Swiss Franc
15 pips
GBP/NZD
British Pound / New Zealand Dollar
20 Pips
Aggressive FIXED pricing is only one part of an exceptional value package received by FX Solutions’ customers. The Company has an exclusive partnership with ICAP, the world’s premier interdealer broker and the owner of EBS. The EBS platform is considered by many to be the most accurate source of Forex pricing and is the most widely used trading platform in the Interbank FX Market. FX Solutions is the only retail Forex broker with direct access to the EBS servers and price feed and passes on this pricing directly to its clients without the involvement of banks and middle-men. FX Solutions clients receive the true forex price directly from its source, devoid of latency or manipulation.
Michael Cairns, CEO of FX Solutions, LLC; offered this on the spread cuts, “Price certainty is key in trading. Low, fixed spreads in all markets – that’s the FX Solutions message. Unlike many of our competitors, we don’t advertise “spreads as low as this or as high as that”, our spreads are always fixed, always certain and always available.”
About FX Solutions
FX Solutions is a leading foreign exchange broker with a focus on advanced trading technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients, white label partners, institutional trading partners and introducing brokers in over 140 countries.
FX Solutions’ products are regulated in the United States, United Kingdom and Australia. FX Solutions in the United States is regulated as a member of National Futures Association, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. In the United Kingdom, FX Solutions is a registered trading name of City Index Limited which is authorized and regulated by the Financial Services Authority. FX Solutions in Australia is a registered trading name of City Index Australia Pty Ltd. which is authorized and regulated by the Australian Securities and Investments Commission.
For more information, please visit our site(s): www.fxsolutions.com www.fxsol.co.uk and www.fxsolutions.com.au
†Although FX Solutions reserves the right to widen spreads without notice, the last time spreads were widened was on February 2, 2009; NZD/USD widened from 5 to 7 pips.
For media enquiries, please contact:
Drew Mauck, 3PTs Communications,
+1.773.203.5456
Drew@3PTsComm.com
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