PLANTATION, Fla., Aug. 21, 2013 (GLOBE NEWSWIRE) -- TradeStation, a Monex Group company (TSE: 8698), today announced that IBFX, Inc. and IBFX Australia Pty Ltd, its two major forex subsidiaries, are expanding their product offerings with the addition of several minor currency pairs to the pairs currently offered for trading.
The expanded product offering will be available in the coming months to TradeStation Forex division customers. For U.S. clients, the minor currency pairs will be available to trade at 20:1 leverage; for Australian clients, most of the pairs will be available to trade at the individual account holder's leverage setting.
"Forex minor pairs can be attractive for traders who want to explore new trading ideas, spread their risk and diversify their portfolios," said Gary Weiss, President and COO of IBFX, Inc. "For example, they may trade an 'exotic pair' that matches one major currency with the currency of an emerging economy, such as Mexico, Hong Kong or South Africa. Trading minor currencies may also enable traders to take advantage of broader economic variables affecting emerging economies, such as prevailing interest rate differentials or trends in capital flowing into or out of the country."
To speak with an account executive about TradeStation or to open an equities and/or futures account with TradeStation, call 1-800-808-9336, or visit https://www.tradestation.com. Institutional traders should call 1-800-579-7616. To speak with an account executive about opening a forex account, call 1-800-497-8712 or visit http://www.ibfx.com/ or www.tradestation.com/products/forex for more information.
For more information about IBFX Australia Pty Ltd or to open an account, call 1-800-839-404 or visit our website at http://www.ibfx.com.au.
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About IBFX Australia Pty Ltd
IBFX Australia Pty Ltd is registered with ASIC and provides forex brokerage services outside of the United States. The company's technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services. TradeStation Europe Limited, an FCA-authorized brokerage firm, introduces UK and other European accounts to TradeStation Securities, Inc., IBFX, Inc. and IBFX Australia Pty Ltd.
TradeStation is an award-winning online brokerage firm and trading platform. In the March 2013 Barron's magazine review of 24 online brokers, TradeStation was ranked Best for Frequent Traders and Best Trading Experience and Technology, and received the highest star rating for International Traders. In the February 2013 Technical Analysis of Stocks & Commodities magazine annual Readers' Choice Awards, TradeStation was voted Best Trading System – Stocks, Best Trading System – Futures, Best Institutional Platform, Best Professional Platform, Best Online Analytical Platform and Best Real-Time Data. In the January 2013 Investor's Business Daily Best Online Brokers Report, a major new annual survey of active investors conducted by Investor's Business Daily, TradeStation was ranked among the top five online brokers for Overall Customer Experience, as well as best for Equity Trading Tools and among the top five in three other key categories. For more details, visit our Awards page.
TradeStation Group, Inc., through its principal operating subsidiaries, TradeStation Securities, Inc. and IBFX, Inc., offers analytical and trading platforms to the active trader and certain institutional trader markets. The TradeStation platform offers electronic order execution and enables clients to design, test, optimize, monitor and automate their own custom equities, options, futures and forex trading strategies. TradeStation Group is a wholly owned subsidiary of Monex Group, one of the largest online financial services providers in Japan.
TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, NSCC, DTC, OCC & NFA) is a licensed securities broker-dealer and a registered futures commission merchant, and also a member of the Boston Options Exchange, Chicago Board Options Exchange, Chicago Stock Exchange, International Securities Exchange and NASDAQ OMX. Its TradeStation Prime Services division, based in New York, seeks to provide prime brokerage services, including securities lending, to small and mid-sized hedge funds and other firms. IBFX, Inc. (Member NFA) is a Retail Foreign Exchange Dealer (RFED) that provides forex brokerage services directly and through its TradeStation Forex division. TradeStation Group Inc.'s technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services. TradeStation Europe Limited, an FSA-authorized brokerage firm, introduces UK and other European accounts to TradeStation Securities, Inc., IBFX, Inc. and IBFX Australia Pty Ltd.
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Source:TradeStation Group, Inc.