FXall (FX Alliance Inc): reviews and profiles

FXall company: FX Alliance, LLC. was founded in 2000 by seven of the world's largest financial institutions: CSFB, Bank of America, Goldman Sachs Group Inc., JP Morgan & Co., HSBC Holdings Plc, UBS Warburg LLC. and Morgan Stanley Dean Witter & Co. Every day, more than 800 financial institutions around the world peddling their billions in capital with the company FXall. 2008 sales amounted to 15 trillion Dollars. Experts of the company trying to ensure a fair and effective trading for individuals and corporate clients. Bidders with a company can make FXall spot foreign exchange transactions, options, forward contracts and transactions "swap." It is also proposed "portfolio trade" - make deals with different currency pairs and for different dates value date. Using an electronic trading system, customers can request quotes of different currencies at the same time from different banks, get a clear picture of the situation on the market. The minimum deposit is $ 500.

FXall company has a number of international awards:

• Best Trading Platform for Asset Managers 2011;
• Best independent multi-bank platform in 2010;
• Best Electronic Trading Platform 2010, 2011;
• Multibank FX Platform 2008, 2009, 2010;
• Best Independent Online FX Trading System 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012;
• Best Electronic FX Trading Exchange, Buy-Side, 2008;
• Best Multibank FX Trading Platform 2008;
• Best Foreign Exchange Trading Platform 2011;
• Best Online Foreign Exchange Trading System "in Global Finance Best Foreign Exchange Providers 2012.

Company Fxall has branches:

• U.S.;
• UK;
• Japan;
• China;
• Malaysia;
• Australia;
• Switzerland;
• India.

Licenses of Fxall:

FXall brokerage company registered in the United States at 900 3rd Avenue Third Floor New York, NY 10022 USA. At present the company FXall not a full member of the National Futures Association (NFA), but have a certain agreement on "half-hearted" regulation. The company's activity is regulated by Commodity Futures Trading Commission's (CFTC), which meets all the rules of the organization. The company is also a regulator of Certified Public Accountant's (AICPA) Statement on Auditing Standards No. 70 (SAS 70). The company carries out its work in accordance with the European Union Directive «O markets in financial instruments» (MiFID).

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Trading platforms of Fxall:

To work to its customers the company offers the following trading platforms:

• QuickTrade;
• Bank Stream;
• Collaborative Dealing;
• FXall;
• LavaFX;
• Active traders.

Education forex and stock trading :

• Company broker FXall provides training in English. On the Web site there are tutorials and articles explaining. Education in the form of online webinars is not available. FXall not hold competitions between beginners and professional traders. Information about bonuses and promotions on the website is not detected.

Trading:

Trading instruments and brokerage (trading) Fxall:

• Spot;
• NDF;
• Precious metals;
• Features;
• 400 currency pairs.

Trading conditions of Fxall:

• Margin - 1;
• Spread from 2 pips
• ECN-broker;
• No stop / limit orders. Over the phone;
• Commission - 1 pip in each direction +;
• Deposit and withdrawal of funds by a bank transfer.

Traders and investors can open unlimited as demonstrative account and real account of $ 500.

Advantages of:

• very large selection of currencies.
• You can build yourself any pair to trade.

Disadvantages of:

• lack of Russian language support;
• no stop / limit orders;

The presence of the "black list brokers":

• Blacklisted forex broker company FXall not seen.

Voting and feedback traders in the forex broker rating about FXall:   

• students at Masterforex-V Academy
• Internet users  

Company news:

• No

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Video news about the broker :

• No

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