FXDD 1st to Offer Four New Currency Pairs Including US Dollar/Onshore Renminbi

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FXDD

Mar 28, 2012, 08:00 ET

NEW YORK, March 28, 2012 /PRNewswire/ -- FXDD, a leader in online Forex trading and education, today announced the addition of four new currency pairs available to retail traders through the firm's MetaTrader 4 platform:

(Logo:  http://photos.prnewswire.com/prnh/20110510/NY98178LOGO )

  • USD/CNY - United States Dollar/Onshore Renminbi
  • USD/KRW - United States Dollar/Korean Won
  • USD/TWD - United States Dollar/Taiwan Dollar
  • USD/INR - United States Dollar/Indian Rupee

"FXDD is among the first to offer these emerging market pairs to retail traders, representing some of the world's fastest growing economies," said Lubomir Kaneti, chief operating officer at FXDD. "Our clients have come to know that by trading with FXDD, they gain access to platforms and products otherwise only available to large banks and institutions."

"Emerging markets are growing rapidly and becoming increasing influential to the global economy," Robert McKeon, senior vice president of markets and liquidity at FXDD added. "We're giving retail traders first access to these markets as they evolve into the global powerhouses of the future."

The addition of the USD/CNY, USD/KRW, USD/TWD, and USD/INR to those announced by FXDD in September (USD/CNH, EUR/TRY, USD/SGD, USD/HKD), positions FXDD at the forefront of emerging markets around the globe and ensures that FXDD customers have the ability to access competitive spreads, world-class customer service and top-tier Forex education. With the addition of these four new pairs, FXDD now offers 31 currency pairs to its retail clients.

Spreads in these new pairs will be competitive. Traders based within the United States may trade these instruments with up to 20:1 leverage. To see live spreads, please request a free FXDD Demo Account.

About FXDD

FXDD (www.fxdd.com), a Foreign Exchange Dealer registered with the CFTC and a member of the National Futures Association, is headquartered in New York City's 7 World Trade Center.  FXDD is a leader in online Forex trading dedicated to providing superior customer service, powerful trading technology, and reliable streaming liquidity.  FXDD provides services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers around the world.  FXDD offers 24-hour Forex trading by way of its trading platforms, which include: MetaTrader, PowerTrader, Mirror Trader, and FXDDTrader.  The Company's services currently provide competitive interbank pricing, no-interest accounts, and fully-automated execution.  FXDD also provides 50:1 leverage in the US, as well as competitive bid-to-ask spreads.

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About FXDD Europe

FXDD Europe (http://global.fxdd.com ), a Foreign Exchange Dealer licensed as a Category 3 in terms of the Investment Services Act by the Malta Financial Services Authority, is headquartered in Valletta, Malta.  FXDD Europe is a leader in online Forex trading and education, dedicated to providing superior customer service, powerful trading technology, and reliable streaming liquidity.  FXDD Europe provides services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers around the world.  FXDD Europe offers 24-hour Forex trading by way of its trading platforms, which include: MetaTrader, PowerTrader, Mirror Trader, and FXDDTrader.  FXDD Europe provides competitive interbank pricing, no-interest accounts, and fully-automated execution.  FXDD Europe offers 200:1 leverage, as well as competitive spreads.

SOURCE FXDD