Trading forex, gold and silver based on real Currenex' derived interbank rates, with spreads from 0 pips. A very high liquidity and very fast execution against best available price. With slippage control and fast double click dealing. With a minimum account opening of only USD7,500 you can trade forex with an institutional price feed. No requotes. All traders and trading styles are accepted. No dealing desk.
Swiss International is an "Integrated Financial Services Provider" with operations across the entire spectrum from high return leveraged trading to capital guaranteed fixed return Investment products, all of which are backed by the biggest and most renowned financial institutions in the world.
The PlatinumFX ECN interbank platform is a very user friendly platform, completely configurable and with free news, charting and studies. It offers you a very high liquidity pool in Forex provided by 17-20 banks, to assure instant execution, with spreads from 0 pips.
Especially news traders, day traders and forex scalpers will enjoy this forex trading platform. Traders are not pulled out of trades and trade anonymously.
Orders can be executed based on "partial fill": In this case the "slippage control" is deactivated and orders are, partly or completely executed, against best price.
Customers can trade with a minimum investment of USD7,500. The maximum order size is unlimited, which makes the platform also very suitable for hedging company orders (to avoid the currency risks), and for position and middle and long term swing traders. Leverage 100:1, institutional margin** 1% (on the demo it is 2%). Commission is USD7, per 100K traded. Demo and Live account can only be requested via this website.
SAFETY OF FUNDS: Broker and banking for this trading solution are solid USA based and are under FCM/NFA/CFTC regulations.
Slippage Control
The platform offers "slippage control" (called WL, "worse limit" on the platform), where you can specify (set as fixed or per trade) the maximum deviation (in pips), if "partial fill" is not used. As you are supplied with a very high liquidity, your execution price will belong to the best.
Trading the Platform.
The trading concept of the platform has been based on 2 small, easy to trade frames (tickets):
" Quick Tickets", where you can place market, entry and trailing stop orders. At the setting "Quick Ticket Shortcut", you can place market and limit orders at the same quick ticket.
In the "quick ticket" you also have the opportunity to place market limit orders. In fact they are market orders and can be filled partly, till your order has been executed completely.
"Order Tickets", where you can place market, stop, limit, trailing stop, OCO and If Done orders.
On the tickets you can see the volume in millions at every price level (level 2), "MD" on the ticket.
Charting is meant as indication and for trends.
Market orders at the moment are done by "fast double clicking" on the relevant buttons. For screenshots of the platform and tickets: click here.
OTHER HIGHLIGHTS
You can trade 33 currency pairs, incl. gold and silver
You can open all kind of frames (like open, closed, pending, etc. orders), within one single order frame
Auto update feature
For every order, even for an already opened currency pair, a new open position is generated. Using the ticket board, you can close any open position with any amount you like.
The demo is for 99% the same as the live account, yet a little slower.
Minimum trading size USD100,000, the lotsize is configurable from USD10,000 per currency pair
Commission USD7 per 100K traded, account denomination in USD
24-hour Technical Support and phone trading. Customer Service is open 24h from Sunday 5 PM EST to Friday 5 PM EST
OPEN YOUR FREE PRACTICE ACCOUNT
To register for your free practice account, fill out the small form below. All fields are required.
* Spreads may widen during high volatile market conditions.
** A margin (institutional platform) of 1% of 1 traded lot of USD100,000 doesn't necessary mean $1000. Only where the base currency is USD, like in USDJPY, USDCAD etc., it always is $1000. At an available margin of USD10K you can trade a max. of 10 lots of USD100K at a leverage of 100:1.
If the base currency is different, like in GBPUSD, the margin is depending on the currency rate. Example: If the currency rate of GBPUSD = 2.0000, this means a margin of $2,000 (2 x $1,000). At an available margin of USD10K you can trade a max. of 5 lots of USD100K at a leverage of 100:1. This is the same for all currency pairs where the GBP is the base currency. For all other base currencies you can use the same calculation method.
NOTE: U.S. governmental restrictions prohibit us from opening accounts with residents of Afghanistan, Burma (Myanmar), Cuba, Iran, Iraq, Libya, North Korea, Sudan, Syria, Unita (Angola), and Western Balkans, Canada: only British Columbia, Manibo and New Brunswyck
Orders can be executed based on "partial fill": In this case the "slippage control" is deactivated and orders are, partly or completely executed, against best price.