Wednesday, March 10, 2010
  IB Centre Login

Frequently Asked Questions

Who is FX Global?

FX Global Pty Ltd is an Introducing broker to various different Banks and Financial Companies such as C.I.M Banque and Forex Capital Markets.  We provide access to a service that gives our clients unique financial opportunities to capitalize on the global Forex (FX) Markets with minimum risk and the emphasis on preservation of their investment capital.

 

What is FX Direct Market Access (FX DMA)?

FX Direct Market Access (FX DMA) refers to electronic programs that match FX orders from individual traders and investors with bank market maker prices.

This infrastructure consists of a trading interface that sorts price feeds from multiple bank contributors, which enables traders and institutions to take advantage of the interbank market allowing retail FX investors to trade in a “fair trading” environment.

 

How come FX Global doesn’t have Contracts, Management Fees or Software costs like other Brokers and FX system providers?

C.I.M Bank pays all Introducing Brokers a modest brokerage fee per trading lot and due to the huge number of trades generated by the ForexBot system, this is sufficient to cover our service costs.

This is a big win for the client with these fees being totally transparent and can be viewed via the ‘Service Trade Agreement’ or (LPOA) Document.

 

Is there a guarantee of account profitability?

No there are no trading guarantees... No company at all can guarantee returns in a random environment like the Forex market.

However, you can select your own personal ‘Automated Trading System’ with ForexBot’s own trade history and performance.

 

How much money do I need to open an account?

You can open an account with as little as $1,000 USD via AVA FX (they offer only USD and EUR accounts) or $5,000 AUD if you select C.I.M Banque of Switzerland.

 

How do I get started trading?

FX Global as an introducing broker can provide you with an Application Form.  You just need to click here to open an account with C.I.M Banque.

You then complete all the instructions, signing and sending the information to our Administrative Office.  If you need help with your forms then contact us and we will help you every step of the way.

   

Am I able to use my existing Brokerage Account?

ForexBot only use approved Banks and Brokers such as C.I.M, Deutsche Bank and FXCM that will provide you with the best results for your trading account.

They are constantly approving and bringing new banks online, so just ask us whether your current account will suit.

   

Is there any danger my details will be stolen and used by another party?

No, there is no danger.  All Banks operate under extremely high security conditions and we will never ask you for your password.

It is not possible for anyone (including us) to withdraw funds from your account.

   

How long does it take to open my account?

This depends on the Bank or Broker you choose to use.

This can take anything from one day to three weeks depending on your Account Type.

   

What is the minimum deposit required to open an account?

Again, this depends on the broker and the type of account you wish to open, but we recommend that the amount for a mini account is $1,000 USD and standard account is $20,000 USD with C.I.M Bank Accounts starting at $5,000 AUD.

   

Page 1 of 4

Contact Us Online

First Name*
Please type in your first name.
Last Name*
Please type in your last name
Email*
Please type in a valid email address
Question/Comments*
Please type in your question/comments
Please help us verify that a person is completing this form by typing in the code below.
Please type code*
Please type code
New Code
Incorrect code, please try again.

FX Global Pty Ltd (ABN 51 939 562 622) herein referred to as FX Global is incorporated in Australia. We are a Corporate Authorised Representative (Authorised Representative Number 333205) of Trend Investor Services Pty Ltd who holds an Australian Financial Services License 255475. FX Global Pty Ltd now conducts business under the AFS Representative Number 333205.

FX Global Pty Ltd - © FX Global, 2009. All rights reserved.
http://www.fxglobal.com.au