You pay only the bid/ask spread, zero commissions or exchange fees!1
With Zaner Group you pay zero commissions or exchange fees. How can Zaner
Group do that? Simple. Because you deal directly with the market maker via a
purely electronic online exchange, you eliminate both ticket costs and
brokerage fees. Plus, Zaner offers tight and competitive spreads.
You get up more leverage than futures
The sheer size of the forex market (the largest market in the world2) and the greater price stability allow you to trade with a
much higher degree of leverage than is typical with futures contracts -- up
to 100 to 1. Of course, the advantage of increased leverage also carries increased risk.
You have peace of mind knowing you won't be liable for a debit
balance.
With Zaner, under normal market conditions, you will not have a debit balance! In the event that funds in
your account fall below margin requirements, the Zaner dealing desk will
simply close all open positions. That means that, even if you are dead wrong
and there is a catastrophic market move against you, you should never lose more
than the amount of money you have in your account. That provides you with
tremendous peace of mind. See for yourself by making a few risk-free virtual
trades in your forex demo account.
You get maximum liquidity
Due to its enormous size, the forex market is the most liquid market in the world. The spot
forex market is a $1.9 trillion daily market2, making it the largest and most
liquid market in the world2. This market can absorb trading volume and
transaction sizes that dwarf the capacity of any other market. This means
that positions can be liquidated and stop orders executed without slippage.
You can easily trade 24 hours a day.
The forex market is a seamless, 24-hour market. At 5 PM Sunday, New York
time, trading begins as markets open in Sydney and Singapore. At 7 PM the
Tokyo market opens, followed by London at 2 AM, and finally New York at 8 AM.
As a trader, this allows you to react to favorable or unfavorable news by
trading immediately. It also gives you the added flexibility of determining
your trading day. You get instantaneous execution and firm prices!
With Zaner forex trading you get instantaneous execution and price
certainty. With Zaner's trading platforms, you
trade directly off real time streaming prices. There is no discrepancy
between the displayed price and the execution price. This holds true even
during volatile times and fast moving markets. Real time streaming prices
ensure that market orders, stops, and limits are executed without slippage
and/or partial fills.
You never have to worry about rolling over your positions!
With Zaner, open positions are rolled over automatically every two days.
As a service to you, Zaner automatically rolls over all your open
positions (swaps the trade forward) to the next settlement date two business
days in the future. As is true with futures, there is often a carrying cost
associated with rolling over a position. Moreover, forex positions sometimes
can actually make you money on the roll-over. That is because your
profit/cost is determined by the difference in interest rates between the two
currencies. Thus, if you are long the currency with the higher interest rate
in the pair, you will actually gain on the spot rollover through the premium
relationship of that currency relative to the short currency. The amount of
the gain is determined by the interest rate differential between the two
currencies, and fluctuates day to day with the movement of prices.
1Zaner is compensated for its services through the bid/ask spread.
2According to: BIS Quarterly Review: Why has FX trading surged? Explaining the 2004 triennial survey
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