Peregrine Financial Group, (PFG) - the leader in retail futures - is now entering the retail forex market.
The company today announced its launch of PFG Best Direct FX Express (FX Express), the customer-friendly online trading platform for investors, traders and brokers to use for foreign exchange trading.
"This platform performs well for individual traders by focusing on what individual foreign exchange traders want and need to assess the highly liquid, 24-hour currency marketplace without risking more than their account deposit," said PFG Chief Operating Officer Russ Wasendorf, Jr.
FX Express has a stable and accurate price feed, along with advanced hedging and straddle functionality. Here are some of the other advantages:
- Adjustable contract sizes onscreen
- Multiple stops, limits and trailing stops on each trade to manage risk
- Market News International for breaking stories and market coverage
- Market-leading charting solutions
- And, of course, much more!
There are so many ways that the user can customize this to be their own perfect trading platform. The variety includes the ability to mix and match currency pair views, 130 different technical studies, account summaries, and a function showing all 20 currency pairs in a separate window. Trades can be placed from this window as well as from the main screen.
A small-sized ticker can be placed on any application and customized to carry important account information for viewing at all times, or for market news bulletins; trades can also be placed through the space-saving floating ticker.
By offering hedging on this retail trading platform, the user can be both long and short in the same currency pair at the same time without incurring additional margin. FX Express also provides the capability for traders to receive alerts for order execution management and other communications. Not the least of the advantages is the opportunity for currency traders using this platform to choose the contract sizes that best suit their trading style.