[June 09, 2011] Saxo Bank Introduces Retail FX Trading Platform ForexTrading.com With Low Variable Spreads Tweet Jun 09, 2011 (Close-Up Media via COMTEX) -- Saxo Bank, the online trading and investment specialist, announced the launch of ForexTrading.com, which will offer retail investors a select range of FX crosses and CFDs with variable spreads - as low as 0.8 pips. The Company said ForexTrading.com provides investors with a range of basic functionalities designed to make trading straightforward. According to a release, ForexTrading.com is powered by Saxo Bank, which is renowned for aggregating liquidity from the FX dealers. ForexTrading.com gives traders the ability to trade in the world's most liquid currency pairs and global commodity CFDs at very competitive spreads. Claus Nielsen, Head of Markets at Saxo Bank, said, "Saxo Bank will continue to cater for high-net-worth and institutional traders who increasingly demand usability, mobility, performance, and service when executing online trades and orders. At the same time, ForexTrading.com will appeal to Forex and CFD traders who are price sensitive and do not require a personal service, but still want the ability to utilize an award-winning online trading platform." "We believe the retail foreign exchange market will maintain its growth trajectory for the next 10 to 15 years and we want to cater for high-net-worth investors as well as high-frequency traders to who tight spreads and deep liquidity are essential. There is no additional commission on ForexTrading.com and we see ForexTrading.com as bringing new competition to the smaller competitors, outside the tier-one banks, in the market focused on foreign exchange." More information: www.forextrading.com ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]