Registered in the Seychelles but facing mainly a French audience, ForexTradition is an online broker that specialise in a number of trading options, including: Gold and Oil, commodities, CFDs and Forex. By far one of its largest interests is the currency exchange market and this is backed by the fact that members can speculate on more than 300 currency pairs and gain access to a host of high quality trading tools.
Indeed, in addition to daily news bulletins that outline the daily trading conditions as well as the best investments, novice traders can enhance their knowledge of the industry through a range of resources. By far the most interesting aid, aside from the Risk Management literature, is the regular webinars. Covering everything from the basics of FX trading, such as how to set up an account and use MetaTrader 4, to expert advice on the decryption of technical data, this section of the site is something that all prospective members should take note of.
ForexTradition.com's Special FX:
One of the most attractive features of ForexTradition's virtual platform is its welcome bonus that's worth up to €2,000. While many operators will simply focus on creating a variety of account conditions for various types of trader, ForexTradition has made it its mission to give everyone the best start possible. Based on the amount deposited, everyone who makes an initial transaction at ForexTradition will have their funds matched up to the value of €2,000.
Beyond this, ForexTradition members can take advantage of a uniquely branded VERITAS prepaid MasterCard. Designed as way for customers to get faster access to their funds, the ForexTradition MasterCard can be used at more than 32 million merchants and will directly debit a user's account. To receive a card a member simply has to be over 18 and not live in India. There is no need to open a special bank account and it's a great way for a trader to enjoy the fruits of their labour without having to sweat processing times.
ForexTradition uses a combination of MetaTrader 4 and SIRIX to open up the live currency market. Whilst MT4 takes care of the desktop trading options, SIRIX provides a mobile platform as well as social networking provisions that allow traders to follow and learn from their peers.
Backing these platforms and providing the framework through which ForexTradition members must operate through is three account options: Standard, Silver and Gold. Each account has different conditions based on the level of experience and investment a trader is able to demonstrate:
This account is available for anyone who is able to invest between €200 and €1,000.
Standard members can take advantage of a leverage ratio of 200:1 as well as fixed spreads on all major currency pairs.
Finally, Standard accounts receive regular emails with advanced and detailed financial analysis.
This account is available for anyone who is able to invest between €1,000 and €20,000.
Additionally, Silver members can access leverage of 200:1 as well as tight spreads on all major currency pairs.
Finally, each Silver member is given a unique and personalised training program that incorporates telephone support and direct access to a personal advisor.
This top-tier account option is open to anyone who deposits €20,000+.
In addition to VIP support, Gold members can place orders via e-mail and phone and enjoy support as well as direct access to a personal advisor.
Another fantastic feature of this account is the ability for traders to get access to preferential pricing on a number of currency pairs.