Broker Forex Option Trading
Broker forex option trading is available from very few brokers, but some, such as Finotec, have it available.
Normally, when speaking about options trading, many people foremost think of stock options.
However, options can also be applied to other financial instruments including currencies.
In particular, these have become the alternative investment of choice for many investors and traders, corporate or individuals, for hedging their funds.
There are two main options types for forex options trading.
For the first, there are vanilla options, which are the simplest types of options and usually refer to standard call and put forex options contract.
The other type is exotic options, which, unlike plain vanilla options, are based on more complex conditional time and price scenarios.
Broker Currency Exchange Option Trading - Companies
Any of the bigger banks, such as Citibank or Credit Suisse that you can become a customer with, has the capability to offer forex options to their customers.
Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which was one of the pioneers of the world of online forex trading in 1998.
Apart from the standard accounts, Finotec has a Mini Account, where traders can start dealing with as little as $200 (amount required to open an account.)
What is also nice is that Finotec offers its clients a complete Education Program.
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