Residence, Regulation, and Company Management Structure

The company is a resident of the USA; CFTC regulated, and is a member of the NFA. only a postal address is indicated, and the managers of company are not mentioned.

Company's Market Position

The company describes itself as a market maker; partners (liquidity suppliers) are not mentioned. The trading accounts of clients are served through JP Morgan Chase Bank.

The company provides traditional client and controlled accounts, nothing is mentioned about confidential management of accounts. The minimum size of a trading account is set to $250.

Types of Services Offered

A company trades 7th basic currencies and their cross-courses. Method of quotation is on demand.

Information about the terms of trades is placed compactly, on one part of the site. Spreads are listed in a table, and margin requirements depend on the credit leverage selected, which can be changed in limits from 50:1 to 400:1.

The size of lot also can change from 1000 to 100000 units of trading currency. Limitations on volume of transactions are not set.

The transfer of the opened positions the next day is made on the rules of SWAP, the amount of rate for every currency pair is resulted in the summary window of quotations of trading platform. About other payments and penalties – these are not mentioned on the site.

For deposits, into the trading account, and the withdrawing the money from it – some various methods are offered: credit cards (VISA, MC), PayPal system, electronic check, bank order, and cheque. Establishing that the account is made with the site; the necessity of the signing of a “stable” contract is not mentioned.

Traders Support

On the site there is a section for beginners, containing primary information about the Forex market and accomplishing transactions on it. Demo-accounts are available and are limited to 30 days.

For first-line support of users e-mail, telephone, fax, classic mail are used.
The site is translated into Spanish, Chinese and Arabic languages.
Fundamental support of traders is totally absent – there are neither analytics, news nor a calendar of events.

The Trading Platform

The trading platform – a “Global Trading System,” (GTS) is executable and performs basic, informative, services. GTS provides the possibility of hedging an opened position without collection of additional margin. A graphic analysis can be executed both inside the GTS and by the free FX AccuCharts program.

The Site

The site is done simply and comfortably. Informative garbage, advertising and marketing are practically absent. It's easy to find base information, and important information is placed concisely and fully.

Advantages

• Residence in the USA, and regulated by the CFTC.
• Flexible adjusting of trading terms, at will of client, clear information about the cost of a trade.
• The trading platform is powerful enough – providing graphic analysis.
• A comfortably done, compact site.

Disadvantages

• The absence of a front-office.
• The conditions of/for the signing of any agreement are not mentioned.
• Fundamental and analytical support of traders is absent.