Alpari US launched its FX Options platform powered by FX Bridge in September 2010 and now in an effort to better promote it they offer an fx options educational module which basically explains to retail traders what are FX Options and how to trade them. There’s lack of information about this trading asset and the only large FX Options brokers is Saxo Bank. Saxo Bank too recently launched a portal dedicated to FX Options where it’ll stream prices and analysis related to this asset class (checking it today I couldn’t find any such information though). The industry is still tiny but some brokers are increasingly becoming interested in this technology as they are looking to diversify their offering and offer new products in this hyper-competitive forex market.
Building further on the recent launch of Alpari FXOptions, Alpari (US) has rolled out an online educational portal for customers to learn how to use options to enhance their FX trading and risk management strategies. The educational platform Alpari FXOptions EDU supports the firm’s new options trading platforms for standard and mini options contracts, which were rolled out earlier this year.
Alpari FXOptions EDU web portal offers step-by-step courses for all traders—from beginners to advanced. The online tutorials cover the mechanics of options as well as extensive segments covering the broad spectrum of speculative and hedging options strategies. Also included is a special highly targeted course on how spot FX traders can incorporate options into their portfolio of trading and risk management strategies and tactics.
To supplement course materials on options trading and risk management strategies, Alpari FXOptions EDU also provides an interactive options value simulator as well as an options calculator.
Daniel Skowrsonski, CEO of Alpari (US) comments on the portal, “We recognize that current spot FX traders looking to expand into the FX options market need to be properly educated in order to build confidence in their trading strategies. Alpari FXOptions EDU was built out to complement the growing interest in our offering as well as provide Alpari traders with the comprehensive education they need to make the most of their FX options trading experiences.”
Alpari FXOptions EDU was developed with FX Bridge Technologies Corp., which also developed the technology and trading platform for Alpari FXOptions.
For more information, please visit Alpari Academy and click to access the AlpariFXOptionsEDU portal.
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About Alpari FXOptions
The Alpari FXOptions trading platform launch opened trading and risk management strategies of trading spot and FX options in a combined account to all clients of Alpari (US).
Powered by FX Bridge Technologies, Alpari FXOptions features StrategyOptimizer™, a powerful modeling tool with a completely customizable interface allowing trading directly from charts, comprehensive reporting, a full order book, and complete risk management tool suite. Alpari FXOptions pricing is provided from top-tier liquidity providers on 20+ currency pairs.
Options provide more trading and risk management strategies than spot trading. Options trading and risk management strategies can be customized for high volatility, low volatility, bullish, bearish, neutral, or virtually any market conditions. The new FXOptions platform from Alpari will execute vanilla option trading strategies, quickly and efficiently.
About Alpari (US)
Alpari (US), LLC was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it is dually registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and a Retail Foreign Exchange Dealer and has been a member of the National Futures Association (NFA) since 2007, Member ID: 0379678. Alpari (US) is an independent entity within the group of Alpari companies.
With a history dating back to 1998, the Alpari companies (“Alpari”) are among the world’s fastest growing providers of online foreign exchange (“FX”, “Forex”) trading services. The group of Alpari companies has more than 50 offices in cities in over 20 countries, including London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt. Combined, the companies look after over 440,000 customer accounts*, generating monthly trading volumes in excess of $160 billion**, and employ over 550 people* worldwide.
Trading foreign exchange, commodity futures, options, precious metals and other over-the-counter products such as contracts for difference carries a high level of risk and client losses can exceed deposits. These products may not be suitable for all investors. For more information about the Forex industry and the regulatory protections offered to those who trade within it, please visit the Financial Services Authority (FSA), Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) websites at http://www.fsa.gov.uk, http://www.cftc.gov and http://www.nfa.futures.org.