Spot prices, currency pairs and margin checks. Do these sound like a foreign language or do you feel as if you’re in a foreign exchange dealing room? Now, Standard Bank Group customers can speak this language and deal in foreign exchange (FX or forex) from their computers.

Standard FX Trader signals Standard Bank Group’s entry into the exciting world of collateralised online forex trading for individual retail investors.

The forex market is by far the world’s most liquid and actively traded asset class. More than US$3.2 trillion of foreign exchange is traded globally every day, with 10% traded by the retail market. Unlike exchange traded products, forex is traded on a 24-hour basis giving greater access and liquidity to traders. Standard FX Trader gives individuals entry into this exciting sector of the market.

We’re giving traders a full range of tools including two leveraged accounts, live pricing in 38 currency pairs plus six spot gold and silver, FX news, advanced trading tools, access to expert commentary, research and technical analysis.

For novice traders our comprehensive website offers a host of information, online tutorials and a great risk-free 30-day practice accounts.

The ‘practice account’ allows you to hone your trading skills with US$50 000 in virtual money.
To do real trading, you need at least US$250 to open an account, which will be activated once the necessary verifications have been done (as we do on all accounts opened at Standard Bank Group).

South African customers will need to use their exchange-controlled approved offshore investment allowance for this trading.

Play the demo and get more information on www.standardbank.co.za/standardfxtrader. Let us know what you think of the demo by posting your comments here.