Accendo Markets

9th March 2010

Forex

The foreign exchange market is the world’s largest financial market, but it wasn’t always accessible to any typical trader. In the past, access to foreign exchange of currencies was limited to banks, hedge funds, major currency dealers and the occasional high net-worth individual. However, smaller financial institutions wanted to take advantage of the many benefits forex offered over other markets, including its tremendous liquidity, 24-hour access 5.5 days of the week and the strong trending nature of currency exchange rates.

It was this entrepreneurial vision of the smaller financial institutions and the evolution of the Internet that made forex accessible at a retail level. These institutions, including Accendo, combined the accessibility of the Internet and fast and efficient proprietary software with accurate pricing, charting abilities, technical indicators and news feeds, which allowed any interested speculator open access to trade currencies. From 2002 to 2005 the practice of trading forex has grown threefold and this growth curve continues still.

Why Trade Spot Forex?

You may already be aware of some of the benefits offered by the currency market (also known as FX, forex, spot forex or currency trading). It is the fastest, largest and most liquid market in the world, but that is only the beginning of its advantages. As a very basic explanation, forex is the simultaneous buying of one currency and selling of another in order to seek gaining a profit (or accruing a loss).

Today, almost anyone with the appropriate appetite for risk and an understanding of market trends and analysis can trade currencies online with Accendo. There are many benefits of trading forex versus other types of financial markets, many benefits to choosing Accendo and much to learn if you’re new to currency trading.

Why Trade Forex with Accendo?

Award winning software DealBook® 360:

Fully customisable and bespoke trading platform
Free SMS alerts
Fully integrated charting package with over 85 technical indicators
Trade direct from charts
Single click orders
Automatic trailing stops
Available in over 13 languages
ATS (Automated Trading System)

DealBook® 360 is built upon a stable trading infrastructure, backed by leading technologies and fully redundant trading servers. In addition to providing you with some of the most advanced tools for trading spot forex and Spread Bets, DealBook® 360 is ideal for everyone, from novice to professional traders.

Spreads from as low as 1 pip!

Accendo Markets are currently offering spreads from 1 pip also on major currency pairs such as GBP/USD, EUR/USD and others.

For a full list of spreads click on the links below for the full market information sheets:

| Standard | Mini |

Free Practice Account

To get a free practice Spot Forex trading account, all you need to do is provide the information requested below.

Once you have provided your information, we will send you an e-mail to login into our downloadable trading software, DealBook® 360, which offers you some of the most advanced spot forex and Spread Betting tools for trading the markets.

Click here for your free practice account.

Log into DealBook® WEB

Username:
Password:
Language:
System:

Noticeable market trends

As the largest financial market in the world, the forex market offers very smooth and noticeable trends. No other market comes close to the volume
and participation in the forex market, making it a haven for traders seeking fewer price gaps, erratic spikes and other choppy conditions found in
lower volume markets such as futures or options. Because the market is only closed briefly on weekends, market gaps (although possible)
are limited, which results in greater and more consistent liquidity.

Bid and Ask pricing

Though some traders are unaware, all financial markets have a spread (the difference between the buying and selling prices). For example,
in futures markets you may pay the spread, commission charges, clearing and exchange fees and a spread.

We offer traders tight spreads on more than 120 currency pairs, so the prices you see are what you get. You can make quick decisions in forex
trading without having to account for fees that may affect your profit/losses, because they are calculated in real time.

Leveraged trading

Leverage, also known as gearing, gives you the ability to control a large market position by use of smaller amounts of capital.
This also allows you to trade multiple positions because it leaves you with more available capital. Accendo Markets offers its customers
leverage on all its financial instruments. With our spot forex offering, as an Accendo customer, you can gear your trade up to 400:1.

24-HOUR TRADING

The spot forex market, in a sense, follows the sun around the world, and rarely experiences periods of illiquidity (low volume or widened spreads).
As a spot forex trader, you can take advantage of the continual volume no matter where you are, no matter what time zone you are in.
No longer do you have to wait for the bourse or exchange to open, but trade day or night well after the floor traders have ended their day.

Spot foreign exchange is one of the few true 24-hour markets. When trading spot forex, you get constant liquidity 24 hours a day, 5.5 days a week.

Large players can’t manipulate the market

Spot forex is so large that the liquidity of the forex market makes it very difficult for any one fund, bank or single trader to control a particular currency.
Banks, hedge funds, governments, currency conversion houses and large net-worth individuals are just some of the participants in the
spot currency markets, where the liquidity is unprecedented. This differs from the stock markets, which can be very susceptible to the
buying and selling habits of large players.

Real-time profit calcuation

Spot forex offers you the ability to leverage your profits in real-time. Add any potential profits to your positions, and as you gain knowledge
and trading experience, try more advanced trading strategies.

Apply your market knowledge

If you are familiar with other markets and trading strategies, then you can make the transition to spot forex trading. Fundamental traders
speculate using news and economic data while technical traders watch for breakout patterns in consolidating market. Even advanced traders
familiar with analysis such as Fibonacci can use technical trading methods to analyse trading spot foreign exchange.

*Risk Warning:* CFDs, Spreadbetting and FX involve a high level of risk and you can lose more than your original investment.
It is not suitable for everyone so please ensure you understand the risks involved.

The value of shares and the income from them may go down as well as up, and you may not necessarily get back the amount you originally invested.